Almost a month Euro Stoxx 50 still not bounds up to DMA200 level. This is a vary bad sign that world share market may facing double-dip recession.

Bernanke said the US economy seemed to have enough momentum to avoid a "double-dip" recession, while European leaders were committed to ensuring the survival of the euro and had enough money to meet obligations of heavily indebted member nations. But if you remember before 2008 US dip into recession, US also said they can avoid recession by doing this and that but at the end share market dip deeply also, however due to good financial fundamental in Asia, the recession is short.

However recession also a vary good opportunity to make profit, during 2008 if you buy any bank share now you are making a lot of money. Euro problem is still not yet over with FBM KLCI supported around 1,300 may is a time boom for retail investor. Big money can make a picture look like FBM KLCI supported around this level and they may just waiting a good time to cause panic selling to make money again so I think now is not the time to rush into share market, it was no harm to wait for the opportunity to come.