Friday, December 03, 2010

Bursa Malaysia Weekly Summary

KLCI Weekly Chart

Market still refuse to correct significantly. Europe and US central bank keeps pumping money. The extra money will end up being used for speculation. Maybe the general election is near. Need to keep the voters happy, if not, they will vote you out. So, I'm that happy the market is not dropping but also cautious for any sell off.

Malaysia Monthly Weekly Daily
FBM KLCI Up Up Neutral
Finance Up Up Neutral
Construction Up Up Up
Plantation Up Up Up (+)
Property Up Up Neutral

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