Confirm Market. But It's Never Too Late To Accumulate. Wait For Correction.

With this kind of movement yesterday in KL Composite Index, I would prefer to say that ....... the share at this moment already found its bottom. But I still prefer Dow Jones Industrial Average to stay above 8,000 points to confirm the bottom.

If we check these few days market momentum, it should confirm that the trend have take a turn. At this moment we need to let the share market take a correction first before making any decision to accumulate.

If the share market was confirmed and take a turn heading north, we still have more ample time to accumulate. We might miss the first bandwagon but I don't think that we will miss the second one.

Frankly I didn't expect the share market to perform tremendously. With this kind of new development, any correction emerge will be consider as an opportunity to accumulate. Previously before this financial crisis strike, every year usually in the month of March or April will be a good month to play but only for a short terms plays only before we heading to the month of June and July. Basically in these two months the share market usually behaves quietly.

The most important element that we need to remind that we have to open our eyes a little bit bigger in order to search for the right counters. Blue Chips are moving with most of the second and third liners following through. Third liners movement yesterday can be consider so-so. We need to pay a bit attention on them form now on.