Posted by Soo Jack > 2012-03-04 10:13 | Report Abuse
There is plenty of liquidity at low cost in the market and it presents good opportunity to move funds from money market to equities. I am seeing some rotational play into penny shares next week after a good run in the blue chips last week. There will be positive and negative news from the global business environment which will create a lot of volatility in the market prices and will offer a lot of opportunity for traders to make good money. Good luck.
Posted by Jake > 2012-03-04 12:03 | Report Abuse
Do you ppl see more "uncles and aunties" glued at the public viewing galleries of stockbroking houses yet?
Posted by Su Jackie > 2012-03-04 12:14 | Report Abuse
Jake, maybe you can tell me whether the uncles and aunties are now talking all dialects at the broking house. I am a modern trader sitting in front of the computer and looking at graphs etc. I noted your point and it makes sense. I will be happy if we have the crowd build up now. Maybe someone should advise us or if not can someone pop over and see how it goes and feed back.
Posted by Jake > 2012-03-04 14:07 | Report Abuse
It is inevitable however I wud be wary if the "crowd" starts to build up at the broking houses and there's plenty of noise in the air about what stocks are hot and what counters are going to fly etc....
Posted by henrytham > 2012-03-05 10:20 | Report Abuse
KLCI is 1593 now. can break the all time high 1597 today?
Posted by Su Jackie > 2012-03-05 12:27 | Report Abuse
If not today, it will break by tomorrow. It is just 4 points away. Just give a few sen to Genting counter and that is it - Bingo and its broken. Happy now ?
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Posted by Soo Jack > 2012-03-04 10:07 | Report Abuse
I fully agree KLCI will reach 1,600 points and above, no doubt about that.