The stock markets like KLCI, Straits Times, Hang Seng, Nikkei 225 and Shanghai Composite in the world have been rally for few months. It is a good sign ~ the economy is recovering. However, it has been go up too fast lately. More than 20% in a month.
KLCI result for last 3 months
52wk Range = 801.27 – 1,302.83. Current = 1,023.47. I missed the lowest point. Who know the lowest point? It might go down again, right? Nope. Based on the current situation, it will have a correction ~ maybe small drop to level 970? The sky is not falling.
7 May 2009 is not a good day for Malaysia. This is not the first time and will not be the last time.
If you are an investor, do you dare to invest in Malaysia with uncertain politics?