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2010-09-17

FBM KLCI Is Going To Broken 1,500 Level Soon














FBM KLCI still supported above 1,470 level and bank share in the FBM KLCI component move sideways. Soon after some accumulation of share I think bank share price will move up again.

PBBANK share had move up after a month of accumulation share so soon CIMB and Maybank may move again to push FBM KLCI index broken 1,500 level. Now on going Gamuda will replace Tanjong as one of the FBM KLCI component so likely this share will speculate up by out coming budget 2011 to help push the index.

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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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