VIEWS from ALPHA CHART - FBM KLCI...Finally, Clarity Is Clear!

It's been awhile since I last talked about market clarity I longed for; the good news is it has finally arrived, but unfortunately the news itself is bad! Taking cue from the technical readings of the market, the signals flashed actually point to...more market weakness over the medium to long term, amidst an on-going technical rebound now. This concludes that the current technical rebound represents a mere dead cat bounce...any precipitating end to this strength should be...

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World Must Cut Deficits, Not Rely on China: Wen

Chinese Premier Wen Jiabao, facing calls to widen support for indebted European countries, signaled that developed nations should cut deficits and open markets rather than rely on China to bail out the world economy.“Countries must first put their own houses in order,” Wen said today at the World Economic Forum in the Chinese city of Dalian. “Developed countries must take responsible fiscal and monetary policies. What is most important now is to prevent the further spread of the...

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