Tuesday, April 24, 2012

KLSE is not looking for next few days.

It seem like markets are heading no way or going south soon, as more and more negative news appeared one after another.

Again all the bad news mainly come from Western part, like political issues in France and Holland, financial issues for PIIGS.

Couple with some bad earning from big firms in US.

Over local front, KLCI is still hanging around 1580-1610 level. KLSE will be saved as long as the election date is not announced yet.

For next few days, KLSE will see some pull-back or sell-off as Bersih 3.0 will be taking place over this weekend and also next Tuesday is a national holiday for Labor Day celebration.

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