Back For More Actions

Hello to all my fellow readers, especially the easypipers. I'm about to come back with more action than before to perform a real good trade setup and hopefully with consistency of data distribute to you. For the easypipers, take it slow during recession and this could help you'll with the trading method given.

After a hard few month, I'm mentally and physically stress and couldn't focus on trade. Its really hard for me to concentrate for what i'm doing because too many commitment have to commit. Now I got time to do so. So, wait for the signal provide very soon and stay connected with this blog.

Inflation Hit MYR

Its quite a long time i did not update my entries. Recession means a lot to me, I'm trying to understand and experienced it. Then I see my alexa.com ranking is falling. Even this is not the first time my ranks fall, but this time I think I can handle it. Even nowadays, the oil price is lower and RON97 = MYR 1.80/litre. It is not good to my country if the can't manage it well. We export tons volume of palm oil because we produce it, same as oil/gas that we digg. As a suppliers we cannot deal with the lower price of oil compare with the inflation that hitting most of the third world country.

Malaysia Central Bank or BNM(Bank Negara Malaysia is getting pressured of CPI print greater than 8%y/y today base on mothly fuel price review from September till current date. The inflation is 7.7% and expected to reach 7.8% in July. BNM revised its inflation forecast for 2008 up to 5.5-6.0% in July but after an average of 3.7% in the first half of the year, 8.3% inflation could be reach out with unstable politics forecast range at risk.

When it become more clearer this March, the market of Malaysia would remain in cautious. What would happen to me, you and all the Malaysian in lower to middle class? Can we survive? Which aid package could help us? I'm aware that government is risking their ability to gain GDP, hopefully it will be managed by honest person to deal with it.