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2010-07-08

Wall Street Bounds Up Big, Time To Profit Taking In FBM KLCI Today!















Today FBM KLCI index may likely to bounds up to 1,320 level due to Wall Street gain. This is the news the big money waiting to mark up the share. The time to profit taking is here, yap the profit may be not high but as long as it profit not loss is ok. Sale now sure can buy it back when the share go down because most of the fund manager made profit by this ways.

Yesterday Wall Street up is because bullish forecast from financial company State Street Corp fueled optimism about the coming earnings season and helped the S&P 500 break above a major resistance level. The word "forecast" is the point they use to mark up share and share drop with actual data review out. That is the news manipulate strategic. Printed US money is just flow out into share market to push the share up so at the same time gold price will also go up due to too many printed money in the system and later food price will up.

Hopefully today share will fly sky high for retail investor to made some profit.

3 comments:

Ivan July 8, 2010 at 12:12 PM  

Dude,

U are genious. ..
guess u buy some cw last few days, now can make some angpow d. .
anyhow just 1 cen feeling, local mkt not yet been push up..

may push up end of today by gov gua.. . cos FBMKLCI only +2.88 now to 1314... at 12pm..

Durian Edge July 8, 2010 at 2:07 PM  

Hi Ivan

I already sold all my share before 9:30am I think not only me selling the share but a lot of retail investor sale also, because I see a lot of seller vol.

Ivan July 8, 2010 at 6:02 PM  

haha ..bro . .
guess u making some angpow lo . .20% everytime with compouding power are damn a lot! well done bro. . i m happy for u :D

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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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