In The Star. Foreign funds sell Malaysian equities at fastest rate in two months.
My quick view :
1. News are worst trading source.
2. As for foreign funds, they do it again and they will come back. Foreign bulls take a good rest (as seen in Jan 2013 and August 2013) and then roar back.
3. Foreign selling is always opportunity to buy on correction. They are speculative & emotional rather than logic based selling.
Now or never. Look at medium term. For the first time in five years, Malaysian politics will not be the 'killer' on 2014 stock market. Malaysia General Election and UMNO elections completely out of the way. The primary' killer' will be the rising asset inflation and the USA market which is having a solid recovery till date.
One Dozen Stocks To Swing Tomorrow :
Top Three Bluechips : Globetronic, Public Bank, MISC.
Top Three Greenchips : Myeg, Hapseng, Daya.
Top Three Warrants : Coastal WA, MyEG WA, Hapseng WA.
Top Three USA Stocks : Google, FB, Oracle.
Good luck. More future info will be through my fan page.
https://www.facebook.com/mohdnazrikhan
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