Wednesday, March 2, 2011

Be cautious about the market now!

Sorry for the late posting as i was not in Malaysia for the past few days.

Libya crisis +crude oil at USD100 per barrel+volatile market

Market is likely to be stagnant at this level 1450+. Keep an eye on the counters that you are interested in and make sure u pick up if u think its low enough. When the market rebound, blue chips will be the group to "fly" first. So, Banks, Genting, Spsetia and some GLC should be added into your favourite for now.

Drb fall drastically yesterday, it is fundamentally strong and it is very cheap now. It's a BUY and it should bring you substantial profit in near future once the market rebound.
If u have any question, please post on my chat box or comment box, i will reply ASAP

Buy at your own risk : )

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