Tuesday, December 30, 2014

KLSE runs out of steam

KLSE Composite index has a very good run from a low of 840 at March 2009 to a high of 1880 at Jun 2014. In a span of 5 years, it rises 1000 points. However, it looks like it has run out of steam and begins a downward trend.

As a result, it is prudent to play it safe and be very picky when comes to pick a particular stock.

This situation is not likely to change until the next general election is called and real leadership emerges from the electoral result.


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