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2010-09-27

Will Market End Storngly This September?



Investors will head into this week wondering if September will end as strongly as it began for the market, with manufacturing and personal income data among the top indicators on tap for US.
Friday’s advance left the three major US stock indexes with gains for the fourth week in a row, boosting investors’ confidence that the upward move will continue.

However for FBM KLCI, big money had start to move they money out from blue chip and flow into penny stock, profit taking will drop the index to 1,420 support line. Beside that any up value in USD will also cost foreign investor to profit taking they share and change back to US dollar.

This week I think penny stock will be the high lined and FBM KLCI may likely to go side line.

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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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