May 10, 2013:
Looking at the Figure 1, I do not see any chances of there being a bubble in the KLSE Index at this time.
Figure 1 |
Figure 1 produced with C++ code. KLSE Index. Six year window of data. Every data point is a new week. Every peak in the market is represented by a red vertical line.
1. March 15, 2004 – followed by a 12.5% drop
2. June 19, 2006 – no drop
3. February 12, 2007 – no drop
4. September 22, 2009 – no drop