The current global economy seems to reach another turning point from bad to “start to boom”, perhaps another cycle start to roll again, the game is on! Money seems to flow into the equity market again and this push the word market up and up again. Cheer….In four months time, my portfolio recorded a total gain of RM28150, which is a very good return! But beer in mind that buy the right share in the right time is the first priority, is not always happen. The most successful counter will be Harta, which has appreciated almost 92% in 4 months time. As mentioned in the last report, due to the worsening of H1N1 flu, glove demand increased globally and this has created interest over the counter.
I will keep all the counter in my portfolio as I believe this is just the beginning of another bull cycle, which I believe there will be further upside in future. The latest US unemployment drop a little bit to 9.4% last Friday shows that the US economy is improving, but slow.
Base on the KLCI historical chart, composite index has rebounded about 400 points from the low year to date to almost 1200 points.
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