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2010-09-24

Penny stocks surge up, blue-chips counter drop



















FBM KLCI dip to 1,451 closing today with high vol but most of penny stocks surge up with also high vol. Look like the big money is changing target from blue chips counter to penny stocks, it likely most of retail investor may already jump in into blue chip so now is the time to take profit by the big money and change it into penny stocks. Gold price going to broken USD 1,300 per oz level so it mean most of the printed money already flow into market.

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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.

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