Friday, February 1, 2008

Ronggeng at Bursar

Responding to the 207 points rise on Wall Street, Bursa came out in style adding 9 points to the CI. A quick glance at the board and one notices easily a random walk in operation. Stocks, mostly blue chips, which fell a day or two ago recovered ground. So it is actually going back and forth and then back to square one for these blue chips which made up the 9 point rise on the CI. Talk about rigging! Sheesh!

Chinese New Year is fast approaching and the pre-election talk is supposed to heat up the CI barometer. Will be market moved up so that money is to be made or are the GLCs, as usual, doing their ronggeng under the threat of a whip?

Heartsong

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