Saturday, March 3, 2007

KLCI - 3th March 2007

KLCI closed 1164.68 on Friday 2/3/2007. The down turn of KLCI started on Monday 26/2/2007 and have been consecutively down for the rest of the days.

26/2/2007 -- 1272.87 (-10.6)

27/2/2007 -- 1237.08 (-35.79)

28/2/2007 -- 1196.45 (-40.63)

1/3/2007 -- 1180.91 (-15.54)

2/3/2007 -- 1164.68 (-16.23)


Needless to say, no matter how good was your recommendations are. It all turn out to be otherwise, that's no doubt about it. The question is will the KLCI find it footing and recover next week?? I am negetive to it. However this create chance for us to grab some quality stocks which we may have missed out earlier. The market have been bullish since last July 2006, it is time for a dip though this may have been affected by the overall worldwide market down turn. In every situation there is an opportunity, so find it and seize it. May the best price be yours.

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