Bursa Malaysia (KLSE) Daily Info Edge Zone

In high risk environment you should take a low risk profile

Durian Edge
Publish date: Tue, 26 Jun 2012, 08:14 AM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share


FBMKLCI had again hits back to above 1,600 level after US dollar value again RM go up. In current high risk situation of the market, put your money out from share may is a good choice.

In high risk environment you should take a low risk profile, now we all know US and Europe is still in bad situation, food price and living cost still moving up but share in Malaysia is moving to new high and US dollar value going up too, so what this mean, everything is rosy? I think no.

In share collapse history, before the big collapse there are always rosy first. So exit from share because now is the time to take profit (Sale High) and buy Gold (Buy Low) due to current gold price is good to entry, most major center bank is buying gold. Money always can be print, house can be build but gold can not be make.
Discussions
Be the first to like this. Showing 5 of 5 comments

shimsihu

excellent,that is what i think.

2012-06-26 08:42

usry

agree with author.. Our KLSE not RELEVANT Now.. it move contra from other country. I think anytime KLSE will crash when our Gov fund manager sell their holding..

2012-06-26 08:50

tptan45

Let me consult my crystal ball first....

2012-06-26 09:03

Jonathan Keung

External market is not looking good but-but our local market (KLCI) is hitting a new high at 1,610. Something is not right. need to be cautious. better be safe than take any unnecessary risk. Government may support the market but again only limited to GL counters and blue chips. this is my personal opinion. go slow in this kind enviroment

2012-06-26 09:36

KC Loh

Sound advise. I am of the opinion that the Euro crisis can be averted with Germany taking the lead and after their court cases to get the austerity measures out of the way. US employment data is improving (Bloomberg) and with Operation Twist, Bernake seems to have a tight grip on the economy barring any contagion effect from Europe if Spain cannot get their act together.

Suggest to stay alert after the EU summit and sell on strength if positives are missing at the end of the summit.

2012-06-27 06:28

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