Congrats to Obama for being re-elected and CHANGE is the motto, right?
DOW down by 300+ points ... wow ... it has been long enough that we do not see such a plunge. What is going on? Obama won ... and that sends jitter to markets? Brace for another red-red day ... ouch.
As it is newly listed, all those hard-core indicators geeks could not use their tools. Only price-volume actions analysis, with some thinking of the movements of the funds.
AirAsia : Another darling of KLSE ... but ever since it dropped from from the cliff(thanks to Malindo news and since then, more news being published). Broken RM3 is not a good sign. Time for another selldown, back to RM2.80 levels? AirAsia is still very much tradable ... you know, it is house-hold name now, like Astro?
Both are worth watching ....