StarBiz- Financial counters pull index down
- Boeing: 76-meter long 747-8 plane to make first flight Mon
- Plenty of gas, but what to do with the foul byproduct?
- Australia to end crisis measure of bank guarantees
- Geithner says US credit rating safe despite debt
- Israel on schedule to inaugurate electric car grid
- Toyota to announce action soon for Prius hybrids
- Business Times
- Bank Negara
INTERNATIONAL INDICES (updated daily)
Ftse Bursa Malays 1235.22 -1.02%
Sse Composite Ind 2935.17 +0.00%
Ishares Msci E.m. 36.83 -0.99%
DJIA 9908.39 -1.04%
Spdr Gold Shares 104.04 -0.61%
U.s. Oil Fund Et 35.09 -0.34%
Ishares Barclays 104.93 -0.15%
KLSE Bull
Here’s a pretty good construction of the KLSE story from late last year to next year which describes which counters are behaving the way they do and why. It’s interesting reading and provides simple themes to grasp. But be careful because (altogether now) “we are not economists but traders!”. That means that the ultimate source must always be the market. So don’t forget to check that prices are behaving in the way that is consistent with the story. Let the market do the talking. As soon what is being said is being said in this piece is not being confirmed by the prices, you must let the idea go and search for a new one, because the market is a very demanding mistress.
Happy trading!