Correction is over for KLSE ?

It seems the correction is over when the index touched MA 100 early Feb10. The index is heading upward after hitting oversold condition. Having say that, the uptrend will be disturbed on a bumpy road moving forward. Or it could resumes its down trend for another round depends on circumtances .. similar trend to 1998/99
Despite index moving downwards for a couple of weeks, some stocks out-perform the market. Stock like 3A, Mudajaya, Eforce lead in the lower liner ...

World's Biggest Oil Reserves

15. Mexico
Proved Oil Reserves: 11.65 billion barrels
Daily Numbers:
Total Oil Production: 3.19 million barrels
Crude Oil Production: 2.79 million barrels
Consumption: 2.13 million barrels
Exports to US (2007): 1.54 million barrels

14. Qatar
Proved Oil Reserves: 15.2 billion barrels
Daily Numbers:
Total Oil Production: 1.2 million barrels
Crude Oil Production: 940,000 barrels
Consumption: 120,000 barrels
Exports to US (2007): 2,000 barrels

13. China
Proved Oil Reserves: 16 billion barrels
Daily Numbers:
Total Oil Production: 3.97 million barrels
Crude Oil Production: 3.79 million barrels
Consumption: 7.57 million barrels
Exports to US (2007): 13,000 barrels

12. United States
Proved Oil Reserves: 21.3 billion barrels
Daily Numbers:
Total Oil Production: 8.51 million barrels
Total Crude Production: 4.95 million barrels
Consumption: 19.48 million barrels

11. Kazakhstan
Proved Oil Reserves: 30 billion barrels
Daily Numbers:
Total Oil Production: 1.43 million barrels
Crude Oil Production: 1.35 million barrels
Consumption: 239,000 barrels
Exports to US (2007): 19,000 barrels

10. Nigeria
Proved Oil Reserves: 36.2 billion barrels
Daily Numbers:
Total Oil Production: 2.168 million barrels
Crude Oil Production: 2.165 million barrels
Consumption: 286,000 barrels
Exports to US (2007): 1.13 million barrels

9. Libya
Proved Oil Reserves: 41.5 billion barrels
Daily Numbers:
Total Oil Production: 1.88 million barrels
Crude Oil Production: 1.74 million barrels
Consumption: 273,000 barrels
Exports to US (2007): 117,000 barrels

8. Russia
Proved Oil Reserves: 60 billion barrels
Daily Numbers:
Total Oil Production: 9.79 million barrels
Crude Oil Production: 9.36 million barrels
Consumption: 2.9 million barrels
Exports to US (2007): 414,000 barrels

7. Venezuela
Proved Oil Reserves: 87.03 billion barrels
Daily Numbers:
Total Oil Production: 2.64 million barrels
Crude Oil Production: 2.39 million barrels
Consumption: 760,000 barrels
Exports to US (2007): 1.36 million barrels

6. United Arab Emirates
Proved Oil Reserves: 97.8 billion barrels
Daily Numbers:
Total Oil Production: 3.05 million barrels
Crude Oil Production: 2.68 million barrels
Consumption: 463,000 barrels
Exports to US (2007): 10,000 barrels

5. Kuwait
Proved Oil Reserves: 104 billion barrels
Daily Numbers:
Total Oil Production: 2.74 million barrels
Crude Oil Production: 2.59 million barrels
Consumption: 325,000 barrels
Exports to US (2007): 181,000 barrels

4. Iraq
Proved Oil Reserves: 115 billion barrels
Daily Numbers:
Total Oil Production: 2.39 million barrels
Crude Oil Production: 2.38 million barrels
Consumption: 638,000 barrels
Exports to US (2007): 484,000 barrels

3. Iran
Proved Oil Reserves: 138.4 billion barrels
Daily Numbers:
Total Oil Production: 4.17 million barrels
Crude Oil Production: 4.05 million barrels
Consumption: 1.8 million barrels
Exports to US (2007): 0

2. Canada
Proved Oil Reserves: 178.59 billion barrels
Daily Numbers:
Total Oil Production: 3.350 million barrels
Crude Oil Production: 2.59 million barrels
Consumption: 2.26 million barrels
Exports to US (2007): 2.45 million barrels

1. Saudi Arabia
Proved Oil Reserves: 266.7 billion barrels
Daily Numbers:
Total Oil Production: 10.7 million barrels
Crude Oil Production: 9.26 million barrels
Consumption: 2.29 million barrels
Exports to US (2007): 1.49 million barrels

(Source : CNBC)

Warrent Buffet - Berkshire Hathaway's 15 Biggest Stock Holdings

The CEO and primary shareholder of Berkshire Hathaway (BRK), Warren Buffett, the world's most famous and richest investor, below his co top 15 invested co.

1. Coca Cola (KO)
Holding Value: $10.63 billion
Shares held : 200,000,000
Stake in % in the Company: 8.63%

2. Wells Fargo (WFC)
Holding Value: $8.39 billion
Shares held : 302,609,212
Stake in % in the Company: 6.48%

3. Burlington Northern Santa Fe (BNI)
Holding Value: $7.45 billion*
Shares held: 76,777,029
Stake in % in the Company: 22.58%

*On 11/3/09, Berkshire Hathaway announced plans to purchase the entirety of BNI for $26 billion, bringing BRK's stake in the company to 100%, valuing the company at $34 billion

4. Procter & Gamble (PG)
Holding Value: $5.64 billion
Shares held: 96,316,010
Stake in % in the Company: 3.3%

5. American Express Co. (AXP)
Holding Value: $5.46 billion
Shares held: 151,610,700
Stake in % in the Company: 12.75%

6. Kraft Foods (KFT)
Holding Value: $3.80 billion
Shares held: 138,272,500
Stake in % in the Company: 9.37%

7. ConocoPhillips (COP)
Holding Value: $3.27 billion
Shares held: 64,485,759
Stake in % in the Company: 4.35%

8. Johnson & Johnson (JNJ)
Holding Value: $2.17 billion
Shares held: 36,914,633
Stake in % in the Company: 1.34%

9. Wesco Financial Corp (WSC)
Holding Value: $1.86 billion
Shares held: 5,703,087
Stake in % in the Company: 80.1%

10. US Bancorp (USB)
Holding Value: $1.62 billion
Shares held: 69,039,426
Stake in % in the Company: 3.61%


11. Wal-Mart (WMT)
Holding Value: $994.82 million
Shares held: 19,944,300
Stake in % in the Company: 0.51%

12. Moody’s (MCO)
Holding Value: $876.68 million
Shares held: 38,066,685
Stake in % in the Company: 16.11%

13. Washington Post (WPO)
Holding Value: $738.15 million
Shares held: 1,727,765
Stake in % in the Company: 18.38%

14. Union Pacific Corp (UNP)
Holding Value: $567.84 million
Shares held: 9,558,000
Stake in % in the Company: 1.9%

15. Nike (NKE)
Holding Value: $478.55 million
Shares held: 7,641,000
Stake in % in the Company: 1.57%

(source CNBC)

Correction started in the region ... ?

Jakarta Stock exchange index drop almost 200 points from it peak. In fact the index had touched the mid term moving average. A not so good sign moving forward.
STI, PHI, TSE, KLSE seems holding well above the 50 days moving average, but a further drop will see a major correction in the making ..

Next up wave started ...

For the past 1 week, it seems the up wave had just begins, some small cap had made a significant 20% upward within these few days ... more are moving now ..