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4 comment(s). Last comment by fortunebullz 2014-06-07 22:49

fortunebullz

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Posted by fortunebullz > 2014-06-07 14:28 | Report Abuse

Bear holding tight position! No worry about market crash or correction soon! Since US and Malaysia will only raise interest rate next year, another half year of joy joy market! US is heading for fantastic unseen growth! Manufacturing is growing lighting fast in US due to MADE IN USA slogan! Manufacturing cost may be bit high but with intellectual property rights safely remain home, there's no way US will go back to China anytime soon! I expect consolidation will end by mid next month after raya and world cup! Ready to fire once world cup over!

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-06-07 14:52 | Report Abuse

Remember QE end soon! US will invest more in motherland that China! China has to take care of its own now! Those 30 years of silver spoon from US no longer there! US no longer go for low cost high profit but losing its intellectual property rights to ever copy cat China! Even Proton took the stupid for JV with China company end up having its rights flooding cheap proton copies! Look what happen to Proton! So you see how serious it is to let China stealing patents after investing billions in R&D! Just look at Tesla! Ellon Musk insisted on manufacturing its own batteries known as Gigafactory rather that opening plants in China! He could have saved billions! But in the end Ellon Musk will lose multibillions if Gigafactory in China! Ellon Musk learnt from his own experience! China flooding US with Ellon Musk patent on solar panels! I sum up, US and Malaysia, including Japan, Korea and Philipine will enjoy tremendous growth in years to come! So i dont think market is overvalue yet! Furthermore, interest rate will only be raised next year! So set your worries aside! Joy joy market come mid next month!

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-06-07 14:54 | Report Abuse

Wise bull say,"Calm before the storm of bull!"

fortunebullz

2,000 posts

Posted by fortunebullz > 2014-06-07 22:49 | Report Abuse

Oh! Before I forgot! Our currency will appreciate soon! This is good for bursa! Hot money will flow into Malaysia shores sooner or later! The signs are all there for ringgit to appreciate to 2.80 level!

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