KLCI History Chart

2009-04-28

KLCI History Chart

This is the KLCI chart since last year 2008, base on the chart KLCI had form a double bottom W sign, however to know KLCI is at bottom or not will need to see next month and how far KLCI will drop.

Base on the chart KLCI is already bottom but I think still not the time to jump in yet. Only if you invest in long term and the company is profit and stable like PBBANK etc.

3 comments:

Elvis2020 April 28, 2009 at 8:42 PM: Packet One likely to hit subscriber target for end-2009
The Malaysian Business Times is reporting that WiMAX operator Packet One Networks (P1) is ‘almost on track’ to hits its 250,000 subscriber target by the end of 2009. Citing comments from P1 CEO Michael Lai, it was also noted that the operator is planning to launch commercial WiMAX internet access services in Kuantan, Kuala Terengganu and Ipoh by the end of this year. ‘This year, our priority will be to push for coverage, coming out with products, services and devices that attract people, as well as to continue to emphasise quality of service. Based on our [subscriber] numbers, we are about there, to hit our year-end target’, Mr Lai said. The executive also revealed that the launch of voice services is under consideration.
Separately P1’s parent company, Green Packet, has announced that it plans to sign partnership agreements with regional WiMAX players, although it has not disclosed the nature of the deals.
(Taken from Business Malaysia)
Just to share with you guys....
East Point Trading April 29, 2009 at 7:32 AM: Thanks for your valuable info
Elvis2020 April 29, 2009 at 10:51 PM: I agree with you. And further note that i also reverse my view on the market. Even do the market is overbought i also view that market may not see march low. Why? The current swine flu has little affect on markets. Markets are very strong at the moment.

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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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