Friday, May 17, 2013

The party is coming to end soon

What does it tells you when out of the top 20 most active stocks, ALL OF THEM are penny stocks? (i.e. less than RM1.00)?

Yes, the party may come to end soon...

When I say soon, it means between 1 week to 1 month.

Fundamentally, 1Q GDP of 4.1% is already below market expectation. But the power of liquidity is still very great at this juncture... Let's see how long this liquidity factor can support the market...

This is the market snapshot at 3pm 17-May-2013....


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