The last month was just utter bedlam.
It didn't matter whether you were a buyer or a seller or even a hedger.
Thing are just incomprehensible.
With the European zone in a virtual debt crisis day after day no thanks to the Greek situation; the American debt implosion and also the American carry-on trade brought about by a rising US dollar,one just cannot fathom the consequences of any decision.
What you bought cheap yesterday takes a new low today. It even dives.
If you had sold, it may rise well before you can catch it back the next day.
For those with some cash, perhaps it is a good time to buy selectively on the Bursa KL.
Stocks like Sime Darby, PPB, Public Bank and Genting Bhd are great stocks if you can hold on to them.
October 03, 2011
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