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2008-12-23

Today's Market Preview (23-12-2008)

3 comments:

onlinesdotcom December 23, 2008 at 3:16 PM  

today AirAsia down from 0.930 to 0.910 at 3.16pm local time

index drop like hell but think it some goodtime to get on some stock

Elvis2020 December 23, 2008 at 3:58 PM  

Dont buy on dips at the moment. Coz fund managers selling to you. Wait till oversold position. Anyway, made 25% gain from my favorite GPACKET oledi. But will only sell when some fund managers make BUY recommendation.

East Point Trading December 24, 2008 at 7:42 AM  

Well done Elvis2020 had make profit on GPACKET. Now is the time to sale share when fund manager push up the share to trap us to buy.

The formula is buy when bad news come and sale when good news flow out.

Happy holidays

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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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