Friday, January 11, 2008

No Point!

So, the CI shot over the moon again, touching 1513 by 10.30 am.

Is this a meaningful phenomenon or it is just statistical self gratification?

We all know, that this is a wag the dog stuff and spin by the GLCs and friendly fund managers to show the world that there is more upside to play the blue chips particularly plantation stocks and O&Gs.

Until the second liners and penny stocks starts to move meaningfully to reflect their fundamental strength (especially those on Second board and Mesdaq), the new CI heights created daily would not mean a thing to the main in the street!

Like a baby as shown above, the small and new investors will sleep as the blue chips romp home on a syiok sendiri course!

Heartsong

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