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| KLCI chart |
Crazy times indeed! The chart also shows potential upward momentum, with blue chip index stocks recording handsome gains. Second liners such as MRCB, DRBHICOM, E&O, DIALOG also made substantial gains, as well as related warrants.
Also, a little update on the US market. At Friday's market close for the US market, rumors floated on about the Fed considering tapering off their Quantitative Easing. Could this be the end of the road right here?
Over the weekend, it was reported that a SARS-related strain of virus killed 2 in Saudi. There were also two such cases in France. While the avian flu seemed to have not recorded new cases in China thus far, it seems that global population is facing an uphill battle against deadly influenza. Keep a keen eye. For now, I am still recommending a collection of Supermax Berhad shares.
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