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2010-04-20

Goldman Saga Did Not Cause Panic Selling



















Yesterday we did not see a big panic selling cause by Goldman saga so this show that most of the retail investor is bullish about Asia economic and also Malaysia. However after yesterday Goldman Saga, FBM KLCI may likely to move sideways or down. To move up may unlikely to happen before any correction on the index.

Month of May will be a month for most of the heavy weight share to review out 1Q2010 financial report and Bank Negara will meet up again to review OPR. For me, I now target only Bank share and Rubber Glove share warrant. I think this two sector sure will done way base on history record.

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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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