For the time being, it is premature to conclude that the market will crash in intermediate-term (1 year), shorting the market now is a guaranteed path to losses unless you are doing short term trades; because you will never know how high a bull market can rally.
Foreign funds have been rushing out of Malaysia from 2014 to 1H 2016, so it is the time for them to reseek risk for higher return, by revisiting emerging markets. This series of events will coincide with the strengthening of Ringgit (and crude oil price).
Will update more as FBMKLCI breaks extra long-term trendlines or extra long-term moving average.
If FBMKLCI break 1747, it will spur the greatest bull run not seen since 2008, because 1747 is the 200weekly sma, breaking this level is equivalent to declare bull run on extra long-term (>1 year).
I don't see a problem for FBMKLCI to break this level.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jonatlau79
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Posted by jonatlau79 > 2016-08-13 08:08 | Report Abuse
Budget 2017+Sudden PRU-14+BN Great Victory . T/P: 1,900