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2009-01-16

16-Jan-2009 Last Day Of KLCI Trading Day Before Election
























Today is the last day of trading day before Kuala Teragganu election. Today may see some bounds up due to yesterday drop and windows dressing before election, however base on the chart KLCI are moving down so today is the last pull out from KLCI.

3 comments:

Elvis2020 January 16, 2009 at 1:14 PM  

STAY SIDELINE....market is entering a sharp down cycle. Dont buy on dips, coz most probably repeat of October 2008. We may hear many 'black days' ahead. Few banks already asking for more bailout money. Auto also asking for more money. US situation is just ridicolus. Dont tell me i didnt warn you...

East Point Trading January 16, 2009 at 1:34 PM  

Tomorrow is the election day, I think if PKR win sure KLCI will drop and if BN win the KLCI will go side line due to no good news flow out only bad news.

Elvis2020 January 17, 2009 at 10:10 PM  

Congratulation to PAS for winning KB by election. Now, interesting how market will react this monday...

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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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