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2010-02-17

FBM KLCI Open With A Good Rebound





















Today FBM KLCI open with a good rebound to above 1,255 level, due to before Chinese News Year they ware some bad news roll out from west and now is the time for some good news so FBM KLCI may likely to go up a bit till end of Feb. Coming roll out finacial report by Axiata, CIMB and Maxis may bring some good news to FBM KLCI.

If the report is good sure the share will go into accumulative so if you see CIMB and Maxis share price had been hold on for along time so likely after the report roll out sure the share price will go up however if the share price up it will become a bad news for warrant due to this I think the price bound up will be limited.

During the Chinese New Year, they are some program talk about this year bazi so base on this year, year of metal tiger the economic is look like ok but in real is weaker compare to what we will see on the surface however due to the wealth star is rooted in hidden stems so I think this year economic will end in good and this also show that gold and silver price may likely to go up by this year end.

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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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