Friday, December 8, 2006

Euphoria in the stock market

The Malaysian stock market has been going through the roof and achieved a nine year high. Will the bulls slow down? Your guess is as good as mine. We should be cautious in any investment decision. At a time like this, we would very much want it to carry on moving up. The sudden rise in the stock market is mainly due to a re-rating by foreign funds. Money is pouring into the Malaysian market. Stock prices are rising and it is very tempting to get your hands dirty. Lets not be the last one holding on to the stock.

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