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2008-10-24

KLCI down back to year 2006

KLCI may bounds back to above 900 when ValueCap Sdn Bhd use his RM 5b EPF money to buy up share.

With market situation still unstable, we may see selling activity take place when KLCI hit above 920 point.

Now keep Gold is better keep share.

1 comments:

ELVIS October 25, 2008 at 3:05 AM  

I believe DOW has bottom at 8200 level. The fear factors is driving us nuts at the moment. In other word, the sentiment fuelled by herd mentality rather than looking at the fundamentals. Most counters in Bursa are in very oversold positions and completely undervalued. I mean, would you sell your BMW at Proton Savvy price?

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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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