Friday, October 16, 2009

KLCI seems to laggard compared to regional markets. It appears that interest is only on the Budget and relisting of Maxis. While the futures is still trading at premium and I suspect the market is falsely supported by local funds due to UMNO assembly. Elliot wave analysis is on wave 5 - the bull run is on its last mile! But....

Global commodity markets appears solid and CPO uptrend may continue..

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