Friday, August 17, 2007

Technical re-bound is coming on the way

Market has been flooded with blood and dead body anyway. Most of the people has disappointed with the market and blame on US on the subprime lending & Yen Vs dollar issue. Retailer start to leave the market with huge paperloss .

The issue here are force selling and margin call is the key factor to slump the world stock market and no doubt is triggered by US subprime and yen .

And Now, I SEE THE OPPURTUNITY, i can buy the good counter with cheaper price .
technical re-bound is at the corner , 1170 will be the support.
I have started to go in market to do collection on Gamuda, Bursa and etc...
17Aug07 1230hrs market closing price;
KLCI:1177.48
Gamuda closed at RM6.05
Bursa closed at RM8.55

The high of the index for this year will be on December.i still believe with my point and market will do it.(Market Boleh)