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2008-10-14

KLCI - On the way down
















In this week, We may see some small bounds back on KLCI before it go slower. Base on the chart, KLCI will soon hit 920 point at end of OCT

Still did not see any turning point base on the chart and everyday, they had a big vol transaction in off market.

KLCI may turn positive when off market transaction vol turn low.

I think for this small bounds back sell while you still can, because everybody is fear the market will go down soon no one will push the share to higher point, so better keep your cash in back and wait the opportunity come.

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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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