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KLCI is on the way fall lower

On 08 Oct 2008, KLCI close at 970 point and this time no rebounds happen like last few days.

KLCI situation may go lower to hit 950 point soon

Trading was halted in Indonesia after the main index plummeted more than 10 percent, while Indian shares fell almost six percent in morning trade. Taiwan lost 5.76 percent.

US President George W. Bush discussed the economic meltdown with leaders of Britain, France and Italy, seeking a common strategy ahead of crisis talks between the Group of Seven major economies in Washington on Friday.

Look like all the plan is not working vary wall, but soon the bear will rest at some point after all bad news roll out. Really hard to make money in market during this situation, I had put most of my investment in Gold and I think gold prices will go sky high again.


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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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