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2009-09-14

Will Hari Raya Rally Continues This Week
























With FBM KLCI closing at last Friday on 1,208 most of us will think will the Hari Raya rally continues this week? Most of the big fund if they want to cash out for Raya bonus should done it by last week due to they need time to cash out from bank so likely they will cash out from market in this week so Market will supported. However Hari Raya is just around the corner so activity in share market may likely to slow down so market may likely to maintained.

For me it will unlikely the market to drop below 1,200 point by this week.

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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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