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2008-12-30

KLCI - Unlikely Year End Rally
























Base on the chart, year end rally was unlikely to happen. Now only left 2 trading days before we enter year 2009.

However a small rally bounds up may happen before CNY, due to all 4 indicater show accumulative and Obama will enter the white house on 20-Jan-2009 KLCI may bounds up to 900 point.

We may face the real storm by end of Fed 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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