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2010-05-24

Asia Share Market Start To Bound Up But FBM KLCI Still In Red
























Today most of Asia share market start to bound up to positive zone but FBM KLCI still in red. We still see seller more than buyer. Malaysia FDI is low, now they still in net seller not buyer so now is vary risky to invest into share market but if invest into share like BJTOTO will be no problem because this share always earn money and paid good dividend, the share will not go into PN17 as long as BN is the government.

I think FBM KLCI may miss the technical rebound on today so FBM KLCI index may go down more in this week.

3 comments:

Ivan May 24, 2010 at 1:32 PM  

Bro, sorry for my comment/opinion. I think our local mkt will rebound by tis week. It's oversold. As we know that the CI last week drop almost 50pt and today adi drop 20pts, and recovery back.

If DJIA close green today, I think basically investor will come in to get cheap stock...but wonder DJIA can drop another 200 pts or not. .and may send another couple weeks all red red.. .

not sure when the bomb (european ciris) will bomb.. .

Durian Edge May 24, 2010 at 3:22 PM  

Hi Ivan

At my blog you are free to give comment, not need to said sorry wan.

Ok, what I see today is Asia market is technically bound up but till now 03:20pm FBM KLCI still drop -10 point so I think FDI investor is running away from Malaysia but I agrees with u that if today DJIA close green FBM KLCI may bound up today and the investor to buy cheap share will be EPF

Anonymous May 25, 2010 at 7:02 PM  

"Asia Share Market Start To Bound Up But FBM KLCI Still In Red".........

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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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