No doubt, our confident will be shaken at this point. Everybody are hoping this is just a short term fall.
With DOW up on Friday and Egypt problem resolved, we will see a rebound on Monday. But not sure will it be for long, as Tuesday is a holiday.
To boast your confident on KLCI, read article below from Business Times.
It's only temporary correction for Bursa: Analysts
The Malaysian stock market's sharp fall this week is likely a temporary correction rather than the start of a bear market, analysts and fund managers say.
Those contacted by Business Times expect the weakness to continue over the short term as more foreign funds move out of emerging markets and back into developed markets on the back of improving economic data in the US.
None, however, planned to downgrade their year-end targets for the benchmark FTSE Bursa Malaysia Kuala Lumpur Composite Index, which ranged between 1,700 and 1,790 points.
The index, which eased 2.4 per cent this week erasing all its gains for the year, closed at 1,494.52 yesterday, some 0.6 per cent lower than the previous day.
It was the first time in eight weeks that it fell below the psychologically important 1,500-point mark.
It was the market's third straight day of losses, with three stocks falling for every one that gained.
This was blamed mainly on foreign selling. Recent data show that foreigners turned net sellers this week, with total net selling of RM1.18 billion.
"With net foreign buying totalling RM16 billion since early-2010, this suggests that the market could remain weak for a while," said an analyst from Maybank Investment Bank (MIB) Research.
The head of a foreign research house, which had one of the highest year-end targets for the index, pointed out however, that there has been no change to the country's strong fundamentals and growth prospects.
"The selling in the market now is inevitable given the liquidity build-up in the recent months, but the fact is there has been no structural changes. We see this as a temporary setback and we're not changing our forecast," the person, who declined to be named, told Business Times.
Analysts said there was sufficient domestic liquidity and catalysts, like the kick-off of projects under the Economic Transformation Programme, to buoy the market.
"We think the market's still on a longer-term bullish trend as Asian markets still have very good growth prospects. This weakness could go on for one or two weeks before it stabilises. I don't think the market is going to crash," said Choo Swee Kee, chief investment officer at TA Investment Management Bhd.
Terence Wong, head at CIMB Research, said the recent foreign fund flow-out was not unexpected as regional markets like Thailand and Indonesia also experienced a similar situation.
"We think the market will weather this period and I'm keeping my target at 1,700 points," he said.
MIB Research, meanwhile, said the market's broader weakness offered investors the opportunity to accumulate good fundamental stocks.
OSK Research suggested buying banking stocks on the economic growth story and said the construction, oil and gas and property sectors also made good trading buys.
"With almost equal upside and downside potential, we advise buying on weakness on these sectors," it said in a report yesterday. - By Adeline Paul Raj
To see clearly click on the diagram.
Transmile's outstanding debt obligations to its lenders are RM528.9 million. Yesterday, the first of four MD-11s sold to Federal Express Corp left the company's Subang base. 
