Fund Manager is buying in on 30 Oct 2008

2008-10-31

Fund Manager is buying in on 30 Oct 2008

Fund manager is buy up KLCI after KLCI hits close to 800 point. Is this mean the crisis is over?

I personally no think so. 10 world richest man had jump in to buy share had cost the world index up but the real or fundamental problem still not solve yet.

Temporary now is a good time to come out from KLSE. This still not a sign of crisis is over.

2 comments:

Elvis2020 October 31, 2008 at 8:37 AM: I bought 20K worth of SAAG at 0.18 last wednesday, will sell today coz i dont think market will sustain. Maybe i am wrong to sell coz SAAG is trading at below 1 time PE ratio, its like gold!
Fa Cai November 1, 2008 at 11:23 AM: i buy in some KNM, believe mtk will go down to range 700 - 800 and bump up in 2 qtr 2009.

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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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