Recently Big Drop in US & European's Stocks ~ KLSE Affected?

Not much changes to KLSE ~ many ppl worry and said KLSE index drop a lot.....as shown in the chart below:






Based  on my research, main shares doesn't drop much ~ still have room to drop more

• Banking sector - not much changes ~ AMMB is the main one which drop about 10%, yet this share has gone up more than 200% previously

• Construction sector - this sector is the one which drop most compare to other sectors ~ most of the shares drop between 10% to 30%.

My view is keep your cash first. Wait until shares drop at least 50% of their highest value before start considering to buy in....

Besides, Malaysia going to have election next year (2012), so I believe the government will try their best to keep the economy steady ~ at least until the election is over ~

Good Luck everyone!!