It appears that the market is heading to no where. At the moment what can really help the market to regain its momentum ? Its quite hard to predict.
Most of the investors already stay sidelines and are searching for a fresh lead following Datuk Seri Anwar Ibrahim huge majority wins at Permatang Pauh.
Political situation in Thailand almost the same in Malaysia. Their politics also in a mess. People's Alliance for Democracy (PAD) briefly seizing control of a television station, invading government offices and occupying Government House.
They also tell their Prime Minister Samak Sundravej to step down. In Malaysia some of the UMNO leaders want our Prime Minister Abdullah Ahmad Badawi to step down.
In my experience involve in share market since 1988, I would say usually in order for the market staging a move, a sharp fall must exist in order to make it look attractive to speculators and investors.
They also tell their Prime Minister Samak Sundravej to step down. In Malaysia some of the UMNO leaders want our Prime Minister Abdullah Ahmad Badawi to step down.
In my experience involve in share market since 1988, I would say usually in order for the market staging a move, a sharp fall must exist in order to make it look attractive to speculators and investors.
Datuk Seri Anwar Ibrahim is the new opposition head of Pakatan Rakyat. Still there will be a lot of story and movie to watch on.
It is quite important to follow their movement and activity because what ever they do, one day ……… sure one day ….. they will rock our share market and KL Composite Index.
Remember to watch on Sept 16, as Datuk Seri Anwar Ibrahim has said, there will be a jump over from BN to Pakatan Rakyat.
But former Prime Minister Tun Dr. Mahathir Mohamad said that it is impossible to get the 30 MPs to cross over as it cost a lot of money to do it. Unless Datuk Seri Anwar have this .........$$$$$$$.......... amount to buy them ? What a day.
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