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2 comment(s). Last comment by Caveman 2015-07-15 13:46

fortunebullz

2,000 posts

Posted by fortunebullz > 2015-07-13 18:47 | Report Abuse

It's all depends on local funds now to corner bursa! Once 1mdb issue is cleared, foreign funds will be back at local funds pricing which i expect coming at 1860 level! Hence bursa will easily go above 1900 triggering new euphoria in bursa for local funds to dispose! However, i think it will be the last bull in bursa for us!

Caveman

387 posts

Posted by Caveman > 2015-07-15 13:46 | Report Abuse

It is not the small fish (retail investors)(you and I) that are propping up the financial system. It is the central bank printing more and more money and inserting this new (counterfeit) money into the system and withdrawing the value wealth out. Just look at the banks, have they lost anything yet? NO, they are making money by trading paper for real assets.

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