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Lucky FBM KLCI is base on 30 share only

Today Asia market hits by 2 major bad news from Ireland and N.Korea. FBM KLCI only dip 12 point after mid day, FBM KLCI is lucky because it only base on 30 share and most of it is control by EPF and Khazanah. However this few day I noted that share usually dip in 1st hour trading or 1st hour after mid day, vol done also high in this two area also. This is a way how big money exit market slowly and at last min trading mark up the share to cover they move.

The good thing is I think government will use all the money from EPF to hold the index in some level because next year is highly election may be and Najib had just said Malaysia economic is in good condition. If today the FBM KLCI been mark down so share market situation is not good at all.


Weng Jean November 23, 2010 at 4:31 PM  

Does your email happened to be durian.season@gmail.com??

Weng Jean November 23, 2010 at 4:32 PM  

Does your email happened to be durian.season@gmail.com??

Durian Edge November 24, 2010 at 12:54 PM  

No. Why?

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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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