Profile Taking On T+3

2009-01-08

Profile Taking On T+3

Today will be the profile taking day for who buy in during monday due to T+3. Now only left 2 weeks before CNY and 1 week before Kuala Terengganu election, I think most of the inverter will pull out from share market by next week. The bull run may countinues for next week.

4 comments:

Elvis2020 January 8, 2009 at 7:50 PM: Heres my 1.5 cents opinion on this issue.Those who took profit today will regret it coz fund managers will push it further. So those who sold earlier, buyback. As usually kana 'BURN'. So, unless your FIQ is 130, stock market it zero sum game. HAPPY TRADING....
Elvis2020 January 8, 2009 at 8:06 PM: Wait for Obama stimulus plan reactions. Will be interesting, weeks...
East Point Trading January 9, 2009 at 8:08 AM: Halo Elvis2020

It's Obama plan will effect KLCI to bounds up more?
Elvis2020 January 9, 2009 at 10:23 AM: It will indirectly affect Malaysia as trading country. Where to get steel to build railway? Malaysia. To make efficienty building in US, have to get the material from Malaysia. You would be surprised the material import from Malaysia. But if Obama stimulus packagae approved by lawmakers. Questions are, will it be approved?

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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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