Hot Wind: KLSE
Why? People buy anything that is in the top 10 active list. Traders are looking for potential surge stocks by asking around. This is a warning sign for experienced traders. The bubble is getting bigger. The CNY of 2007 paints a clear picture of how such bubble was inflated and burst.
Calm Wave: US Stock Markets
Why? US has been in the sideway mood for the past few sessions despite various bad news. Even the Obama's intention to tax bank isn't strong enough to shake Citigroup share price. Intel strong PC sales figure might stir a rally in the US tomorrow.
Conclusion: Wish good people make more money than bad people as in stock market (usually it is the opposite), some people will win and some people will lose. There should always be someone who is holding the hot balloon.
Friday, January 15, 2010
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