FBM KLCI Is Going To Drop After Distribution

2010-08-06

FBM KLCI Is Going To Drop After Distribution

Base on the vol from the chart, FBM KLCI is going to dip below 1,340 in going week in August. Bad news will roll out after the distribution process end. Bank is going to made big money when all the CW expire during the share big dip.

4 comments:

Anonymous August 8, 2010 at 9:24 AM: sure or not? distribution zone it'll go a lot higher before falling a lot as well.
East Point Trading August 9, 2010 at 7:50 AM: Welcome to my blog.

This week we will know it is distribution or not.
Anonymous August 11, 2010 at 11:05 PM: You are right... KLCI & US stocks slump sharply today... now is 11pm in Malaysia time...
East Point Trading August 12, 2010 at 10:45 PM: However, government may support the index in some level so this coming share drop is also some good opportunity to buy share.

FBM KLCI may likely to go up to news high again after August and Sept where this two months is the highest number of CW expire.

Stock Quote

KLCI Live Quotes Lookup Stock Code/Name Enter Stock Code/Name

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.

Footer

Weblog Disclaimer: The information contained herein was obtained from sources believed to be reliable. However, we do not guarantee the accuracy and completeness of the report. Opinions expressed herein are subject to change without notice. This report is for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any futures product referred to herein. The Author may from time to time has an interest or position in the futures products or stocks mentioned. There is a risk of loss in trading stocks,futures & derivatives like products.

Bursa Malaysia (KLSE) Daily Info Edge Zone