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2010-12-18

Next week windows dressing may likely to happen















After a week of profit taking, FBM KLCI close below 1,500 level due to US and Euro fund may cash out from the market for they holidays and year end close book bonus. Start next week when the profit taking slow down, windows dressing to close this year will likely to happen.

Will FBM KLCI close above 1,530 level is hard to said but if FBM KLCI close below 1,500 level will send us a message that government may target the money for next year election compare supporting the share market.

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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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