2008.11.17 KLCI finally stoped at the low of 801.27. It looks like she will hold at this level for the time being. Any droping below the low will see a further selling pressure. I am getting ready to buy when the previous month high is violated.


( Please click the chat for enlargement )

2008.10.18 It is hard to decide what do to at this point, KLCI (Kuala Lumpur Composite Index) together with the rest of the world stock markets plunged to 3 years low (40% from the high of 1524.69 to current 905.23).
I provide with the monthly chart below to let you to get some idea of where we are now.


( Please click the chat for enlargement )

As we can see that the index is now close to the support level of 883 registered in 30 June 2006. As far as I am concerned, the market will stablize around this area couple with the reason of the finanacial intervention of the governments around the world.

If you are not sure what to do as an invertor, see what WARREN E. BUFFETT; the richest man in the world has to say:

Buy American. I Am. By Warren E. Buffett

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