The cash market will snap out any time now ! Look at the newspaper stated breaking 1000 psychological barrier, this wud prop the market up !
Monday, October 6, 2008
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As I sit in front of the market screen, I gazed and wondered what will happen next. Here are my thoughts and ideas for the Bursa Malaysia Stock Market.
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- 5:23 pm - KLCI finally closed below 1000 at 996.84
- 3:23 pm - KLCI testing 1000 for the 3rd time !
- 2:51 pm - Astro finally broke new low @ 2.70
- 11:21 am - KLCI is closing lower today !
- 9:19 am - Market Outlook by Bill Wermine
- 9:06 am - News of Air Asia going private !
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1 comment:
Mkt fell below 1,000 pts. with Asian bourses mostly dipped by more than 5% today (Indonesia dipped about 10%), tomorrow would be another tough war ahead. The next strong support is at 963 now.
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