Sunday, January 10, 2010

Bull vs Bear

Next week will be an interesting week with bulls and bears ramping across the same plain:




The bull factors
- CNY in the horizon (Asia)
- Gambling mentality is the highest stirred by rising prices (Asia)
- Forums and blogs are making buy calls (Local)
- Everyone is seeking a fast way to make quick money for Ang Pow as bonuses are being cut across the employment market (Asia)

The bear factors
- US unemployment rate is not improving (International)
- JAL will be announcing backrupcy soon (International)
- Malaysian vandalism to religious structures (Local)
- Rising toll price in Malaysia (Local)

My call
- Volatility

I believe the market will be quite volatile next week as bulls and bears will be gambling on the same table. Interesting week ahead. Get yourself ready for the ride!

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