Saturday, November 11, 2006

The Bull Is Charging Up?

Malaysia Stock Market has perform very well recently and did manage to break 1000pts, 1006pts and 1022pts. I am very excited to see this breakout and I has posted my view base on monthly KLCI trend.

Let me make a brief, from 1990 to 1992 it take the bull to charge up before a mighty super bull run start on 1993. It take 3 years to do that. Refer to current trend, from 2004 to 2006, you can see as well the bull is charging up and it also take 3 years to do that. In term of Elliot Wave theory (I have point out in the chart) both mighty super bull will ride on wave 3! Well, can I said 2007 will be a mighty super bull make a come back? Nobody knows, I will let the time to tell.



Enjoy your trade ! :-D