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Wednesday, November 24, 2010

Is the "Fear" Fully Manifested into the World Stock Market ?

For the past 2 weeks (after the end of US election), the world share markets are heading to a correction. All the bad news had since been released to the public to test the "Fear" factor among the investors. KLSE was hit south too after breake through the all time historical high at 1524 and marched through to reach a new high at 1531 on 10Nov10.
Has the bull lossing its' steam or it is it just heading to a temporary retracement before it resumes its much awaited run for the new year to come ?
If the Korean conflict slowly fizzle out which it seems likely judging from how the international media reporting the issues, it looks like the bull will continue to run until CNY and further break new high moving forward.

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