As at 6th July 2007, KLCI closed at 1,373.84, a mere 3.84 points more than my prediction of 1,370 beginning of the week. Not too bad isn't it?
How about let's do it for another week? make your guess for this friday closing KLCI ! I say 1,390.
Poll !
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| Technical Charting | |
| The market ... in general | |
| Options trading! | |
| Investments 101 | |
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4 comments:
A lot of cash flowing in the market, global stock market are running up and up, when do u think to be a correction time?
hi clovis,
everyone been saying that the market is super over valued, but due to the flushed liquidity in the market, the stocks are still on its way up! I guess the correction time will come when some really bad news hit the market, and thus the domino effects kick in.... well, that's how prone to risk we are...what is your say?
I think the only correction things are
1) Carry trade, Dollar/Yen reach 117 suddenly
2) Second Prime mortgae from the US went ugly (which i guess this thing has been over hidden by the Yankee)
3) China is dead (hard hardh hardly man~~)
The market is full of cash, hard to beat the market now and i feel that, it is no use to do value investing at this stage, just do a blind investment always beat ur hardworks....:(
Couldn't agree with you more Clovis. That's so true. Yen Carry Trade reversal, the death of china (haha)and US growth collapse..hm..sounds like an interesting blog topic to write!
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