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FBM KLCI Close Above MA50 Level

Last Friday FBM KLCI close up back to MA50 level after 4:50pm. The reason for FBM KLCI dip from 1340 level to 1,250 till now still not yet settle, US economic recovery stability and Euro zone problem still did not have any solid solution but the share market recovered.

From mid of May panic selling till now, I think fund manager had get a huge profit because small investor like me also luckily make some profit but I just sale all my share a bit early, the profit will be different if sale it last Friday.


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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.

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