Bursa Malaysia (KLSE) Daily Info Edge Zone

FBM KLCI This Week Likely To Move Sideways

Durian Edge
Publish date: Mon, 10 Jan 2011, 07:55 AM
Durian Edge
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After a week of new year rally, share market may likely to come to a rest due to profit taking by big money. Now a lot of retail investor is in the share market so soon a big dip may come anytime or a panic selling may happen.

Now foods price going up, oil also will soon manipulated to history high and we also see a lot of house start lelong. Yesterday I ask a property ajen will property house price will go up more on 2011, he said sure will but may a bit slow compare 2010 and I ask again will the price go down since now a lot of foods price is up and people may no mach money to invest in property. He said house price always up this we can see base on history and Malaysia property still low price compare HK and Singapore.

What I think is US never thought they house price can dip near zero and this never happen in history but it did not mean it will not happen. When crisis come it happen very fast so if share market going to dip it will be dip very very fast.
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