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2011-04-15

1,520 Level May Likely To Retest



















FBM KLCI may retest near 1,520 level before moving sideways. Since today is the day before Sarawak election, FBM KLCI may likely be mark up again by EPF to flow the money out if any more money needed in Sarawak election. All the mark up is empty so don't jump into the market yet however if FBM KLCI dip below 1,510 level will be a good entry point.

If you follow PBBANK share, FBM KLCI bull trip did not effect PBBANK at all but this share is good to be buying because it have accumulated for long time and may fly high at 2H of the year.

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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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