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2011-03-01

FBM KLCI Show Some Buying Support.



















Yesterday FBM KLCI show some buying support when the index dip at opening. The buying support come when the index dip below MA150 level so it show that may be the big money will test the market soon by dip it as low as possible before move sideways to accumulation.

Share price at Banking sector still look good and I think once the bad news clear bank share will rally again because they load amount is always up. Due to property price still moving up because of investment so when the owner change hand, the load amount will be up so the bank profit will up.

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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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