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Saturday, September 27, 2008

Black September/October?

The stock market is on the verge of going off a cliff. It all rest on that USD700 billion bailout. Yes or no? Will it work?

Looking at our market:
Malaysia Longterm Midterm Shorterm
KLCI Down Down Down
Finance Down Down Down
Construction Down Down Down
Plantation Down Down Down
Property Down Down Down
Mesdaq Down Down Down
2nd Board Down Down Down

For selected markets around the world:
World Longterm Midterm Shorterm
S&P500 Down Down Down
DJI Down Down Down
NasdaqComp Down Down Down
Nikkei 225 Down Down Down
Kospi Down Down Neutral (+)
SSECI Down Down Neutral (+)
HSI Down Down Down
TWII Down Down Down
STI Down Down Down
SENSEX Down Down Down
FTSE Down Down Down
DAX Down Down Down

If want to know how did it all happened, this talk that was conducted at Princeton may help your understanding.

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