Wednesday 8 May 2013

Dow sustains above 15,000

Dow index is currently hovering above 15,000! On Monday, KLCI broke 1800!
Could this be the beginning of the unprecedented bull run ushered in by unlimited money printing, coupled with lowering of interest rates? 

Possible KLCI Downtrend ?
Currently trading (by lunch break 8th May 2013) at 1775.00, the index has to at least break above 1800.00 psychology level to prove a sustained rally. 

If that happens, sticking to namely index pegged stocks should be a good play. Late comers can choose from stocks that have not went up yet; YTL, YTL POWER, PPB.  
Speculators can take a look at related stock warrants. 

Ready your chips, and roll the dice!

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