morning … i m here early today as i need to get back to my work.
Determined to clear those loads of paperwork, tho i may not enjoy any bit of it.
Trading
BURSA is being pushed down further — investors on the sideline, awaiting for bigger things to happen. SAPP added to the wounds. When will KLCI recover, if ever? Time for bottom-fishing? I believe not. KLCI mill test the resistance of 1157 points, according to one investment-house.
We shall wait till it drops to 1100 level, perhaps. I dont know …
Resorts, Gamuda, Genting, TMI, Maybank, MMCCorp, MAS, and many more ‘giants’ are bottoming … difficult to predict when they will reach the bottom, anyway. WIth the dampening economic(internal and global) and rise of inflation, we have every reasons to be cautious.
TEH
