Its 2AM already and i still cant sleep, after doing my study, im positive that our market will move further down to take some correction after recent high. Today i ll sell my lovely stock = MAS..i just realise that this counter is not syariah approved share. As a muslim i have to obey this. My next move is waiting for further downside and waiting to catch undervalue stock that i mention before this post..About my foreign acc, i ll average down by buying at new low..BII is a long term investment and i ll accumulate it. What is the main prob now is below:-
We are probably entering a critical point, specifically when money supply (M1) increases to the 20 per cent range. In February, the M1 was 15 per cent.
If the money supply continues to climb next week, then the market is in the right condition for a 10-15 per cent correction.
"It will not be a bear market but the drop will be significant
So, we just wait for KLCI performance...
NITE~
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