Showing posts with label Checkpoints. Show all posts
Showing posts with label Checkpoints. Show all posts

KLCI Had The Steepest Lost This Week In 2011 (-19.08 Points)

Posted by Kris | Saturday, January 22, 2011 | , | 0 comments »

Well most of the investment & stock blog sphere is very bullish since the coming election is yet to be announced. The CNY & January effect seems to be watered down with this weeks' 3 trading days consecutive losses, culminating on Friday's steep fall. 


Bursa in steep pullback but 'bullish trend intact' - Headline at TheEdge online news portal. 



What is in store for next week? Who knows.. 

For those that is bullish, last Friday was mega-cheap sale.
For those that is bearish, it was a hell-raising experience. You not yet see a -40 point drop. I believe if there is a crash it will surpass the -40 point drop that was seen during the last bull run. Thus, I believe that this is just a small correction.