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2010-06-11

Today will be a good time to profit taking!



















Chinese exports jumped almost 10% m/m, and are now only $5bn shy of the record exports set in July 2008. This implies strong global demand. This is what the news said to push DJ back above 10,000 point.

Yesterday Euro close positively plus DJ back to 10,000 plus 10MP plus World Cup 2010 Start so sure FBM KLCI will move above 1,300 at early trading so all the good news roll out together will result of a share market push up. This is the best time to profit taking, I try to sale all my share yesterday but did not done so will sale it today and I hope will sold.

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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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