Over the world gas prices are high, food's more expensive and the job market's cold, but are we going down to an even worst state of recession?
In my opinion NO, unless something huge hit it again. Especially in Malaysia. At least we saw it last week the market confident are starting to come back. And i believe the worst was over...
Cause now the truth that the normal public have no confident in the local economy and politic is not something new anymore. Even if Our PM Pak Lah resign or PKR leader Anwar take over as PM. This won't be something new to the public(although it would probably still the stock market temporary, but a permanent impact are very unlikely).
Dr M leave UMNO yesterday, is this something good or bad? That is not within my range. But i can tell you the impact it will bring to today's will not be as much as if he did it in 2007.
The market is very likely to move between 1290-1315 for the week. Not much change is expected(improve or worsen). Perhaps we are in a not bad state now.
Dow Jones Went up 41points on Monday, and currently in Japan Nikkei is down by 35points. So it will be a mixed on external influence.
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Predicting the market is going to move at a very safe and careful speed(SLOW). So... we see.
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