stock market invest trade forex money

The Outflow is Worrying

According to HLeBroking, RM125 billion has left our country in the first half of 2008.
In the whole of 2007, the total outflow was RM92.3 billion. This trend is worrying. The undesirable consequence is reflected in the downward trend of our blue chips.
Many of them are down a lot. A few examples are:
Bursa (14.01.08) High 16.30
(09.09.08) Close 6.60
IOICorp (15.01.08) High 8.60
(09.09.08) Close 4.85
Batu Kawan (24.08.08) High 13.10
(09.09.08) Close 7.85
Tanjong (09.01.08) High 18.50
(09.09.08) Close 13.20
Genting (11.07.08) High 8.05
(09.09.08) Closed 5.40

Unless the outflow of fund is stopped, the downward trend of our stock market is likely to continue. Unless and until foreign funds return, the possibility of a reversal is close to zero.
So what should we do now? Presently, the political situation of our country is in turmoil and, this is worsened by the irresponsible and racist remarks and action of some BN members. No thanks to Ahmad who stared it all.

Our PM says that he is very displeased with Ahmad and that appropriate action will be taken against him. Let's wait and see how the later chapters unfold. Should 513 be replicated, the consequences can be devastating. It's the responsibility of everyone in the country to contribute to the harmony and integrity of our land.
We are not squatters here. We are the rightful and legal citizens of Malaysia. We have helped built this country and we have defended it with our blood and sweat as well. Malaysia is for its citizens! Viva Malaysia!!!

Insiders know very much more than what we know. Your candlesticks are your guiding lights. So, it's best you watch your charts closely.

Cheers! and Good Luck.

From Lim Kit Siang

.........


Ahmad Ismail’s grandparents migrated to this country from India. Why should a Malaysian who is a second-generation locally born in the country be so irresponsible, provocative and racist as to question the loyalty of a Malaysian Chinese like seventh locally-born generation Tan Siok Choo, daughter to Tun Tan Siew Sin, causing her to declare most justly and legitimately in her Sun column, “Politically blind and tone deaf?”:

“And for some Malaysian Chinese like myself, to be called a ‘squat’ is an insult. My forefathers came to Malacca in 1771. Even in August 1957, my family had been living in Malacca for 186 years. How many other Malaysians can claim this long period of residence? “



-------------------- -------------------- --


We will new blood for the coming years of running the country. Living in the past will bring us to nowhere.

Tee,

Bravo!

You pinpointed some useful facts. The person concerned, most probably, does not know where he comes from or who his ancestor s are.

Pride and arrogance come before a fall. And for those who do not know how to appreciate their high positions, the downfall will be hard and painful.

Hi Ben,
I was lookig at our currency in circulation as at end July 2008, BNM Report on M1,M2 and M3 funds.
It looks like our funds in circulation is still intact. The only trend is that most people are moving their funds to longer term interest bearing accounts and in particular to Islamic banking scheme deposits.
Unlike during the crisis in 1998 where these funds in circulation get depleted on an accelerating double digit percentage, our monies in circulation in fact increased since end of 2007. My conclusion is that:
a) Not many people are moving their funds out of Malaysia
b) Only hot monies get out of the stock market and these are very short term funds.
c) The longer term funds are still intact and still circulating in Malaysia
d) Our market may recover sooner than expected if there are some positive news later.
e) The stock market is not likely to go into a meltdown.
f) Malaysians are a conservative lot and only place their savings in interest bearing account eventhough the inflationary rate is higher than their returns
h) Finally, it looks like there is still HOPE in making money from our stock market although the short term sentiment is bearish.
Cheers and look out for the opportunity!!!!
Bert........

bert,

Thanks for your comments. It looks like there's still plenty of cash around.

But one thing is sure. These cash are waiting at the side lines and not entering the market yet. The best action to take is to wait for a panic sale.

My interpretation of a panic sale is very heavy volume with very sharp drop and fear in everybody's face.

Buffett says that when people are fearful, it's time to be greedy.

I am waiting.

Ben,
I checked our foreign exchange reserves as published by BNM and it still looks fine. There is no major capital flight so far. As at 31.7.07, our FX Reserves was USD98.5 bil. As at 31.3.08, it was USD120 bil and as at 29.8.08, it was USD122.6 billion.
Yes, I think it is good to wait awhile. Generally, October month is also not a good time to enter the market ­base­d on historical market sentiment. Probably November 08 could provide the window of opportunity, hopefully.

Cheers and patience is a virtue..........

Bert

hello dearest, my name is JOY.i have pick interest on your profile. i want to be your friend.
please, can you contact me directly through my email
(joy_.khalifa@hotmai l.com)
so that i can send my pictures and all the details about me to you for you to know more about me.
yours love joy

Hello,
I have shared a great information that related to make money online so i can suggested a great resource for all.
--------------
Toronto used car