I believe that we may have found a bottom at 1,120 for the KLCI, or at least a temporary bottom. Over in the US, the DJI, SP500 and Nasdaq all appear to have found a bottom. In Europe, yesterday's looks a tad like a capitulation. With all these factors, going for the bulls, today could be the day the bulls hit back!! KLCI would like see a stronger rebound today. With the Futures markets in a deep discount, we could see a sharp rally to 'cover'. Investors may want to look at stocks with high beta - MRCB, Bursa comes to mind. I prefer the former as it has always been a 'trading' stock. Keep a good lookout!
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