Composite index falls below 1,000 points, it must rebound

They are 3 time KLCI rebound after fall below 1,000 points.

Someone is supporting the market or may been someone repeat the rebound of KLCI when it falls below 1,000 points a few time to cheat retail traders to buy in.

Nomura, Japan’s biggest brokerage, was granted a stockbroking license by the SC last Sept 26 as one of the recipients of three stockbroking licenses to be issued under Budget 2008.

I just think why we need more brokerage to come in? They need to make money to support they operation from retail traders. Are all this brokerage bring a lot of money to help Malaysia economic ( I not think so ) or come here to make profit to help Japan economic.

I just feel that KLCI may go down to 700 point. This rebound patten really fear me.

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Investment Idea

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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