Friday, February 11, 2011

Bursa 1503...jitters and black swan

thursday...bursa closed with a big red note...down 32pts (2%)...the worst in our region...120 green, 750 red, 220 white...tat is a lot of red...and...the reasons??? well a lot of people are dumbfounded....why yesterday???? is it bcos..

1. China rate hike?
2. US employment report?
3. Escalating rioting issue is Eygpt?
4. news of religious clash in Indonesia?

too many bads news sending jitters...stocks in my portfolio also ended in red...but luckily...most were above their AVP...i hope today market ends better...with a green note...perhaps yesterday was just a black swan tragedy cum opportunity...those who bought yesterday might smile today...

but i suspect morning sessi starts with mild red before turning mild green...so, let's pray bursa closes stronger in green and stays above 1500...if not then we'll see huge waves of red sea...

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