It's Not Just A Protest, It's Progress! Najib, Wake Up laaa...

I for one felt compelled to write how I feel after seriously witnessing the shocking police brutality of Bersih 3.0. Regardless of it being largely peaceful, one should always expect some extremists & hot heads. For disallowing a peaceful gathering due to some slim chance of it turning ugly because of these hot heads is truly undemocratic. Look at the bigger picture (the 99% of those who turned up), are undoubtedly dissatisfied with the electoral system. These 99% constitutes all wakes of life; young, old, disabled, CEOs, managers, parents with their kids, teachers, students and etc. They number in the 250,000 if not for the constant roadblocks, disruptions in public transportation like the LRT, MRT, monorail and bus. It would have been easily 500k if not for these extreme measures taken by the government. And most importantly they came without UPAH/BAYARAN (not paid), just theirs boots, water bottle and spirit!!!

What awfully saddens me is how the mainstream media spin the entire event as the rakyat's disobedience and fault. A humongous amount of valuable pictures are shown online be it Facebook, Twitter or blogs has clearly shown how we as Malaysians regardless of race, religion or background can come together for a common cause for a peaceful sit down rally event. Where is the media report on that? Speaking of violence, why the need to fire rounds after rounds of tear gas if just a handful of protesters were too emotional or rowdy. Can't you just arrest them on the spot?? The extent of the crackdown was terribly shocking and unnecessary. Chemical laced water cannons and tear gas laid waste on unsuspecting Rakyats. You were shooting at kids too!! The police under no circumstances (not even self defense) have the right to BEAT people up. People of all races helped each other, passing out salt, water, carrying those whom were injured to one side. I've never seen Malaysian so united before in my lifetime. And on 428, Malaysians put aside any differences not because of "1 Malaysia" but because all we want is just a FREE and FAIR election.

There were 85 locations around the world holding Bersih 3 rallies. Only one was marred with violence and the only one with a major police presence. Coincidence Najib? Why is it so fucking hard to let people sit down in Dataran Merdeka (Independence Square) but so fucking easy being a spinster? Can you the number of angry bird balloons out there? The people are angry and 250k + countless number who are overseas and could not turn up is enough to tell you that his kind of rally is not a MINORITY movement nor is it an ISOLATED event, it's worldwide. Wake the fuck up laaa Najib...

The global event in 35 countries last Saturday proves it. With each passing Bersih rally and with Bersih International, all I can see is that many more are now coming forward without fear. It takes time and courage but I am so damn proud of every single Malaysian out there fighting for what is simply just RIGHT to do and this is where we have progressed so much. Your passion is incredibly addictive. Malaysia cannot never afford a Malaysian Spring. The Arab nations that woke up to their oppressive governments have not attained any degree of stability. Taking it to the streets is one thing but we must also proactively take to the hearts and minds of all Malaysians. What you can do?

1. Alert all Malaysians to the fact that something terribly wrong is going on.
2. Educate all Malaysians to the reality of where we are heading as a nation.
3. Engage all Malaysians to become a part of what is right.

No propaganda is as powerful as person-to-person word of mouth. Let all Malaysians have the opportunity to learn the truth and may the truth set them free. Keep the momentum going and have Yellow Saturdays every week until all the demands for Free and Fair elections become a reality. After 428, I can truly say that I am proud to be a Malaysian.

There comes a time where one must take a position that is neither safe nor politic nor popular -- but one must take it simply because it is right
-Martin Luther King-

Market Sense April 2012

Previously back in August'11 (I know it's been a long time): I'll give Bursa a 90% chance to pull up based on good but slow growing world economy. RM->USD is now at 3. This should be another read of my previous post for your information since the debt ceiling has been passed: Taking A Look At The USD

For those who find it hard to follow I suggest reading through my previous posting on how I am using technical indicators as a trend seeker.

1. First Attempt on Tech Analysis Part 1
2. First Attempt on Tech Analysis Part 2

Making it short, first: Support line (RCI) is holding steady above 50. Nothing major to observe. Second MACD shows no centerline crossover solidifying the fact that the market is cruising slowly upward. Third and the most interesting is obviously the bullish nature of Bursa which has been in the making since Dec 2011. 12-day EMA is above the 26-day EMA (bullish > bearish). Now you would ask what is my market overview?? Hmm again my eyes are still on the Eurozone crisis, US is recovery slowly and with China not going to do well this year my take would be cautious. Bear in mind that with each passing day the market is getting hard to break new resistance level as they have passed their previous all time high. Be extra cautious is my advice, remember the financial crisis of 2009  and why people tend to get carried away when all they see are just good and bullish news.

I have updated my portfolio look with the major changes on annualized return and total returns. Numbers are fictional for privacy reasons but portfolio choices are true. SUPERMX continues to disappoint, dragging down the entire portfolio performance of my target 15% per annum to ~10%. I should be able to provide my reevaluation of SUPERMX later this month, stay tuned. I am still bullish on Genting with a target price of RM14.05 though I am a little stirred with their recent aggressive expansion plans.

I have decided to pursue Economics as a self-study subject and my future posting would relate to Economics more than ever. Instead of making it the abysmal science, I will try my utmost best to make as simple as I can to the average Joe. 

Previous post: Bursa Tech Checkout WW36'11 (been awhile since my last posting)

Disclaimer: The reports, analysis and recommendations in this blog are solely my personal views. I do not link to any investment body or company. As such, I will not be responsible of any of your investment decision. Consult your investment adviser or come to your own conclusions before making any investment decision.