FBM KLCI begin the year with a bull run toward 1,300 level with yesterday we see a high vol trading in FBM KLCI index. Base on the chart FBM KLCI likely to hits 1,300 level before any correction take place and usually for the month of January the share market look positively so before end of January is a good month to take profit in share market.

Going forward, we believe the positive momentum generated from last year would carry into 2010. This means the global equities uptrend should run on at least in the initial months of the new year, notwithstanding the prospect of intermittent stock market corrections. In essence, as long as there is no reversal of liquidity flows, any pullbacks are anticipated to be temporary and shallow. However share market sometime always catch us in surprise like last year 2009 a surprise recovery so this year may a surprise crisis.

Yesterday watch Dubai highest building opening fire work in youtube really did not show any sign of Dubai debt problem. It really show that sometime rich can be build above debt of many people.