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Showing posts from August, 2015

The Bear is Coming

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It was Monday morning, I knew today many people will dump their shares in stock market... why? Because last Friday (21 Aug 2015), US Dow drop by more than 500+ points, we have never see this kind of drop for many years. As expected, on the closing, Bursa KLCI Index drop by 42 points, end at 1532. Some Minister may say, see, not only Malaysia stock market down, the whole world were down. The fact was, Malaysia market already down for almost 2 months, especially the currency, down from RM3.60 to current RM4.25 per USD, already down by more than 18% in just few months. Till now, I never see anyone from Ministry take any action but keep on shouting, "Ringgit is under value, Ringgit is under value!!" what's a "Big Joke" in the century! I hope someone can save Malaysia, especially the currency, anyway, all the retailer can not do anything to change it, let see what we can take advantage of it! Market down, in fact, is a buying opportunity, especially those Blue Ch