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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.

Durian Edge 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...

Durian Edge 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.

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