Adsense Top

Monday, March 05, 2007

Stock market trend similar to 1994

A lot of people expected that Malaysia's stock market will performed similar to super bull run in 1993.

However,1993 stock market closed positively in February or after Chinese New Year.

This year, stock market ended lower in the month of February and before the end of Chinese New Year. Thus, it is more similar to 1994 than 1993. Especially China stock market which seem overheated like what happen at the end of 1993 for Malaysia stock market.

Thus, investor in Malaysia at least should expect a volatile year ahead if they think the fundamental is still intact.

Note: the author is not licensed Investment Analyst

TechnoratiTag: