Powered by Blogger.
2010-03-16

FBM KLCI Drop Below 1,300
























Yesterday FBM KLCI is drop back below 1,300 level close at 1,299. Base on the chart beginning of March FBM KLCI rally to 1,320 level the vol was low compare to begining of the year during month of Jan when FBM KLCI rally to 1,300 level. The lower vol may show that not many retail investor join in buy into share market during FBM KLCI rally to 1,320 level so most of the big fund manager may note that since no one follow than pull back out the money and cost FBM KLCI index drop back to below 1,300 level.

Most of the share rally during the FBM KLCI broken 1,320 level last week ware drop back however for share that miss the bot during the rally they share price did not drop so this also show that not many retail investor in the market when FBM KLCI rally to 1,320 level. Sale share during the market rally and buy low when you see red sea always a good move to make money.

When FBM KLCI drop below support line 1,270 level will again be a good time to buy.

0 comments:

Related Posts Plugin for WordPress, Blogger...

PostRank

My Blog List

Blog I Follow

Popular posts

Blog Archive

Templates

Stock Quote

Stock Quotes
KLCI Live Quotes
Lookup Stock Code/Name
Enter Stock Code/Name
FastQuote

Powered by zoomFinanceCorp.

Subscribe Now: Feed Icon

Home Page Home Page Home Page Home Page Home Page Home Page

Investment Idea

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.

Malaysia Gold Price

Gold Price Per Gram in Ringgits
Malaysian Ringgits per Gram

  © Free Blogger Templates 'Greenery' by Ourblogtemplates.com 2008

Back to TOP