Wednesday, June 29, 2011

Stocks to rise and fall...

Well, if you're superstitious we have certainly past the time of the year where its the most inauspicious day for stock investment market....so what now? bullish or bearish?
I think Greece will take the money and pass the austerity measures to pave way for continuous borrowing... Europe will not want to experience the impact of Greece's default, so is US.
Asia, basically don't care too much of Greece and if you ask me, you can't keep borrowing money to feed a broken financial system, you need to restructure and the measures are usually painful in the beginning. Afterall, the government screwed up and should have taken steps to prevent this.

Anyway, with much observation and some statistical data (courtesy of a friend) on some of the volume transactions in KLCI, I am 99% sure the stock market is poised to blow past the all time high soon. Fingers' crossed :p
Well, my personal stocks of favourite are Dialog, Perisai, YTLLand, DRBHCOM, Genting, & UEMLand

Stocks I would shun are XOX, MSM, UOA, Mclean, Gpacket. :p

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