Saturday, January 3, 2009
8:11 am - Chart of the Week - Genting
Refer to my posted blog on 2 Jan 2009.
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Chart of the Week
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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.
Visit my CI & CPO Futures & Commodities Market Weblog http://www.futures2118.blogspot.com
2 comments:
When Isreal started attacking terrorist Hamas, our CI jumped +14. When Israel killed a senior Hamas leader, our CI jumped +17. So either fund managers push up CI on this bad news, or they actually rejoice on this good news. Which is which?
Our cash market is recovering its ground on rising crude oil prices which in turn push our palm oil prices and hence the plantation counters in KLCI.
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