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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2 comments

{ 2 comments… read them below or add one }

1 Lisa September 29, 2008 at 9:03 pm

hi there, thanks for joining the previous contest, here i wish to award you this butterfly award :D

http://milliondollar-pages.blogspot.com/2008/09/butterfly-award.html

2 Penny September 30, 2008 at 11:46 am

Thanks for the award, Lisa! Will put it up soon :)

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