Panic Selling May Just Around The Corner!
Due to growing fare from US and most of Asia share market are effected, FBM KLCI may soon hits. When Big money slowly exit from the market, they will try to panic the market by using bad news from US. US market already dip 6 trading days same like last year before QE2 flow out into the market and at the same time last year FBM KLCI also not effected at the beginning but by mid May FBM KLCI dip from 1334 to 1247 in 8 trading days. However FBM KLCI recover back to bull run by end of July 2010.
I think panic selling may just around the corner, any time the big money can dip Malaysia share market before bull run for 2H2011.
2 comments:
You're damn accurate.
Today really has sharp sell-off near the close.
Maybe the game has started.
But do you think the sell-off will have bottom limit?
One thing I wonder, will the stock counter experiencing the sell-off also be the one to rally the most in the future?
The big money is slowly pull out they money, however they will do it slowly, up abit dip more.
The sell off did not had limit but the big money will test the market to see any wake share holder or retail investor ( sheep ) to sale their share in low price, when not more wake holder and they already buy most of the share so they just wait a small good news to fly the share price.
Normally if the dip is bank share or in FBM KLCI component or political share, all this type of share will rally after the panic selling.
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