FBM KLCI may likely go up at last week of the year

2010-12-15

FBM KLCI may likely go up at last week of the year

Base on the chart, FBM KLCI may likely to move sideways untill last week of the year to move up for year end windows dressing. This week is the last week for investor to cash out they money for holidays so sale will be more that buyer.

3 comments:

Ivan December 15, 2010 at 9:39 AM: time to get out... .. and let us go holiday~~ yoyo..
Stock Blog December 15, 2010 at 11:00 PM: It is normal that sale will be more than buying as many people are planning for their holidays..
Durian Edge December 16, 2010 at 7:50 AM: Due to big money was cash out they investment so share market will go sideways or correction.

FBM KLCI is about to correction but not now because big money need to sale in high price so when they ready to enter share will fall. News will be manipulate to drop the share.

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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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