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2009-08-17

FBM KLCI Close At Red Sea











Today out of 30 share only 2 share keep out from the red. FBM-KLCI drop almost 20 point along with Asia market drop. The index had moving up for some time already and now is the time to do some correction.

Over all the market is recovery so for me I will buy in into the market in ever big drop like today. After this drop I think FBM-KLCI will go side way for this month of August due to it is a month of "Puasa" so usually share will move higher during Hari Raya.

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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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