KLCI Need Good News To Countinues The Bull Run

2009-01-09

KLCI Need Good News To Countinues The Bull Run

On 8-Jan-2009 KLCI bull run had take a rest, base on the chart KLCI index had at top on RSI chart. Usually share will turn down abit when hits RSI > 20% hopefully today the bull run countinues after a T+3 profile taking activity on 8-Jan-2009.

5 comments:

Elvis2020 January 9, 2009 at 12:38 PM: If i hear any of the banks/auto companies going BANKCRUPT again in US, i definately sell all my shares. Other than that, its the usually gloom and doom...
Elvis2020 January 9, 2009 at 1:15 PM: FLASH NEW!! Goldman Sachs is buying SAAG, reportedly acquiring millions of shares in open market....
East Point Trading January 9, 2009 at 1:42 PM: Today SAAG not many transaction?!

May I know where the news come from?
Elvis2020 January 9, 2009 at 3:06 PM: From friend working in the industry, they didnt buy today but few days or weeks back...i dont know if true but just sharing with you guys...
East Point Trading January 9, 2009 at 4:18 PM: Thanks for the infomation.

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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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