Bursa Malaysia (KLSE) Daily Info Edge Zone

Greek situation is very bad and till now no solution on it

Durian Edge
Publish date: Thu, 31 May 2012, 08:19 AM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
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Yesterday we see foreign investor buy in into market on CIMB share where CIMB is carry highest weight to the index. A single buy up may push FBM KLCI higher.

Greek situation is very bad and till now no solution on it, with current Euro money rush into US Dollar had make gold price moving lower. Asia especially China still continues buy in physical gold at this level to strengthen they position.

I think now is a good time to exit share market and wait to next dip to make profit.
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Discussions
Be the first to like this. Showing 5 of 5 comments

carries

I think at the moment, it is Spain (especially the Spanish Banks) that everyone is worried about ....

2012-05-31 10:26

Yuzuki

on a more serious note, it is a problem but somehow we must make sure we have bullets to buy when share market really plunge, it's best to scalp trade for these couple of months ... but cheer up market will always have its up & down, this time better compare to last as there are abundance of liquidity

2012-05-31 10:29

kl foong

In times of crisis, opportunity exists.

2012-05-31 10:37

riaz

F@%* the greek !

2012-05-31 10:45

riaz

back few years ago, the eu countries were singing ` we are the world', as now they are singing `bridge over troubled water' and as for greece they are singins eagles's hotel carlifornia that goes ` you can check out anytime but you can never leave'

2012-05-31 10:53

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