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2009-10-01

42% Vote FBM KLCI May Enter Correction In Oct
























Yesterday FBM-KLCI close just a bit above 1,200 level so today will be vary impotent day for FBM-KLCI to hold on 1,200 and if any drop below it may cause some panic selling. China will be in holidays so most of the attention may put on US market and in this few day US market is not so good however gold market is getting better, Gold price just hits back to USD1,000. This may be a sign of market bounds back by end of OCT.

The poll is closed and the result is as below:-

"What is the next level for FBM KLCI in October 2009"
  • 28% is 1,300
  • 24% is 1,250
  • 6% is 1,200
  • 42% is Enter correction
almost half the vote go to FBM KLCI is enter correction so hopefully may make some profit on it. Thanks for all your vote. Wish all the best and make profit in OCT

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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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