Will the stock market go on a mega sale tomorrow?
by Penny on September 25, 2008
Since the downfall of some large financial institutions in the US, our exchange has recovered somewhat. As I expected it to slowly stabilise and maybe even improve from here on, it may not seem to be the case.
The market started with a decline this morning. Then with the announcement that there will be a special Umno meeting tomorrow, there was a further sharp decline in the market. I suspect come tomorrow, we may just see a good opportunity to pick up cheap stocks.
I missed the window of opportunity just a week back, all because I expected the market to continue crashing, up to the point of a free fall on the exchange, but it did not. But maybe this time I will be able to make up for that opportunity loss.
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A little bit about Penny, author of this blog
I want to learn the art of creating, managing and preserving wealth. It's not as easy as ABC but I believe it can be done well with lots of determination, discipline and perseverance. To date I've written 211 posts relating to money matters on this site.
I own a blogshop, Penny's Online Shop, offering trendy ladies apparels at very reasonable prices. I also write a shopping blog, a mummy blog as well as a contributor to a health & wellness blog.
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{ 2 comments… read them below or add one }
hi there, thanks for joining the previous contest, here i wish to award you this butterfly award
http://milliondollar-pages.blogspot.com/2008/09/butterfly-award.html
Thanks for the award, Lisa! Will put it up soon