Here are some charts looking at how KLCI perform during the correction phase. Usually I consider a valid correction phase as price violates both trendline and the 20 day MA. Hence from the chart below we see once these 2 lines are violated, the correction phase will last 9 - 47 trading days or 2 - 9 wks depending on how bearish it was. From the findings: 2009 - no major correction as just emerged from major bear trend in 2008 2010 - 2 times 2011 - 2 times 2012 - 3 times 2013 - so far 1 time
Is lowering auto insurance costs a move that is worth the effort? Fortunately, you can accomplish that in many ways. Following are some tips that can make you save more money in auto insurance: Ask Someone to Evaluate You Let your current provider of auto insurance know if you are satisfied with their services. They will go at lengths to make you stay with them and keep you happy. However, in some cases you may ask them to evaluate your premium anew. Let them know that your driving record is flawless, your credit has improved, and include more stuff that will make them understand that more changes are in order. Let them know about current life changes too, such as marriage. That is a legitimate ground for evaluation. You can also include someone else in your policy. Making two separate policies won't make much sense when one will do, so it is recommended that you keep the policy that does the best work. There are also auto insurance providers that give married couples disco...
While everyone is celebrating the news that the Chinese government has decided to let its currency to revalue I'm still skeptical about it. Since 2005, China has been under tremendous pressure from the US to revalue its currency as the US blamed China for causing the US high current account deficit with cheap influx of the Chinese goods. Hence, in July 2005, the RMB was revalued to 8.11 per US dollar, which was a mere 2% increment (Prior to that the Yuan was pegged to the US dollar at 8.27 from 1997 to 2005). Since 2005 the Chinese yuan was unpegged and allowed to float within a narrow band of 0.3% - 0.5%. However, in 2008 due to the financial crisis around the world, the Chinese Central Bank has manipulated their yuan to the dollar of around 6.90. Until recently, the Central Bank of China has announced to further revalue their currency through a more flexible exchange rate policy, how 'flexible' we do not know as there was not much information given. According to the Big M...
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