If you review back KLCI back to 2007 to 2008 you will found a patten same like what happen now. KLCI index dip vary low two time before jump to new high 1,500. After that US recession come.
If the patten happen again, FBM KLCI may facing once more vary vary big dip after making new high. Base on the rate FBM KLCI may hits 1,420 before the big dip happen and this time which country market will start first. 2008 start with US or 2011 may start with Euro.
However this time FBM KLCI only base on 30 share and now most of the market money is from EPF and Khazanah so the effect may unlike 3 years ago plus FDI fund are flow out from Malaysia since 2008 also. Will Malaysia economic is ok to face another impact? Are ours EPF money safe? I really did not know the answer.
Most of the world genius is talking that world may go into double recession and base on history this type of economic crisis always come when share price hits high or look so bullish, be ready to what will hits us around the corner.