Wednesday 3 April 2013

Malaysian General Elections

So it's official! 

Parliament is being dissolved, and some parties say that elections will be within a week or two! 

The KLSE dropped 2 percent today, but managed to close green. Possible intervention by major institutions. After all, retailers have long since left the market. Any major selling or buying should be done by the big boys.

Now's the time to do some shopping. I would personally stay away from Telcos. Expected squeeze in earnings.

On the bright side, Litecoins have since risen from USD0.55 to over USD5.00 since the time I mentioned it.

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