Bursa Malaysia (KLSE) Daily Info Edge Zone
Buy Or Sale Into Share Market FBM KLCI?
Durian Edge
Publish date: Thu, 28 Jul 2011, 01:47 PM
Durian Edge
0 1,080
Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
Today all Asia Market dip into red sea due to US debt ceiling and fears that the U.S. currency will lose its AAA rating. FBM KLCI also dip below support 1,560 level and as mid day FBM KLCI already below 1,550 level.
So in this situation, buy or sale from share market? For me, I will choice to buy into market because I think US will do something to maintain it status in the world and U.S. currency may not lose AAA rating. They are still a lot of smart people live in US and will do anything to maintain at the top of the world.
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Be the first to like this. Showing 3 of 3 comments
hm...i dont think US have much choice...lots of economy indicators shown they are still at uncertainties...plus i read lots of articles regarding this issue also stated that alots of Wall Street ppl also know that US no longer at AAA rating...kinda challenging at this moment...
2011-07-28 18:58
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They are a lot of smart people live in US but they dont have the political or opportunity to do something about it. Overall you cannot be always at the top of the world. The Country cannot keep on printing US Dollar notes and time will come that the US $ notes shall be like the Bananna Notes during the Japanese occupation in Malaya.
2011-07-28 16:52