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2008-09-26

KNM just made an U turn after hit RM 1.38















KNM just made an U turn after hit RM 1.38. Look like the short bounds back ( for my old post KNM is bound back to RM 1.24 on 19 Sept 2008 ) just end.

If you buy in around RM 1.25 and successfully sale out around RM 1.35 with 10 lot of KNM share, you now had make a small profit around RM 1K. All this can been done just in T+3 day.

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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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