BSKL-The Calm Before the Tsunami Storm

Plain to See

No one, in his wildest imagination, can fathom  this forthcoming potential calamity of the BSKL.

I think that there is hardly anyone who was truly involved in the mayhem unleashed on the market during the May 13 in the fateful year of 1969.

I am sure many lost tons of money when the stock market went almost rock bottom during the attack on Kuwait by Saddam Hussein in the year 1990 or in the 1997 currency contagion debacle.

While the European markets are still being roiled by sovereignty debt issues cutting any ability to buy more from developing nations, expect growth to plateau off or even dip slightly in exporting nations.

Any bad news on China's growth will impact negatively on our palm oil exports.

While the global economic picture does not seems one bit brighter, the local scene is likely to deteriorate given the impending national elections.

Signs are not good for BN to retain power easily.

Any further loss in state governments will be nasty for the National Front.

The rumour mills are fill of rumblings of the political decimation of the BN component parties except in Sabah and Sarawak.

Is the PSY concert creating negative vibes on the whole country?

Given this kind of 'sinking feeling' scenario, BSKL will likely slide due to attrition activities, if it does not receive a hefty  jab to the jaw.

Do not look at the high priced stocks that are the darlings of foreign funds such as BAT,F & N, Panasonic, KLK and Nestle. These are just index indicators.

A small drop in their price will create havoc. Similarly, a rise will jack up the index. They are mirage formers. Do not trust the index.

Watch out if you are holding penny stocks and those in the ringgit to two ringgit range.

If such stocks are not GLC holdings, they will be the first victims to fall to the effects of attrition as their prices will slide daily, even in minute doses, as long as there are weak sellers and greedy bargain hunters. Very soon, without you knowing,  these counters would have lost 10 to 20% of their value!

Some destabilising news will come from the Selangor front soon  if the MB should announce the dissolution of the State Assembly after Chap Goh Mei.

Whatever the outcome; irrespective of the possibility of the Sultan not giving his blessings or the Election Commission not willing to fix an early date for the Selangor polls, expect high octave uncertainty to occur on the political scene that will rock the BSKL.

The best thing to do is to have a big war chest of funds and jump into the market when there are clear signals  of a new stable government being formed.

Ensure early safe departure

Remember you cannot buy at the best lowest  price all the time  unless you are a dare-devil high risk-taker.

Buy in when the market finds traction and do so gradually; and have some reserves to take advantage of intra-falls as the market moves up after the general elections.

Meanwhile, don't play but pray!

The Phuket Tsunami

The Impossible Escape

The disastrous 2004 tsunami that caught holiday-goers in 2004 in Phuket, Thailand is the main premise of the movie, " The Impossible" starring Naomi Watts and Ewan MacGreggor.

There were moments when you expected the obvious and yet it did not come particularly that of the  fate of Dr.Maria as she laid in a life and death limbo in the closing minutes of the movie.

However, as many lives were lost, many families got away with scratches from this impossible natural calamity. That Dr. Maria's family was fully saved and reunited through this horrible event made for a happy ending for the film.

The two younger members of the family acted quite well and we are shown the emotive side of Ewan as he sought desperately for his missing wife and eldest son.

Quite a watchable fare.