Bursa Malaysia :Call Warrant update :18.12.2006

As table show, the market continous consolidation. The Call warrant most of them drop sharply and premium reduced again. This in line with my previous call, waiting at sidelines http://topbursa.blogspot.com/2006/12/call-warrant-update-081206.html to see whether market correction and pull back. The market consolidation may continous for sometime, Avoid those accessive premimum and expired soon CA.

Only concentrate those CA with minimum premium or even discounts (Maybank Ca,Tenaga and Commerce). At the meantime, those lagging mesdaq may move even market consolidated. Today star is Resort , so Resort CA show stable. It market correction end, This kind of
CA will show sharp rebound.