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FBM KLCI Likely To Hits Back 1,500 Level

Today FBM KLCI likely to hits back 1,500 level due to positive outlook in the US market. However trading vol may likely to be low due to long week holidays on next week.


Anonymous August 26, 2011 at 3:36 PM  

i'm newbies, place position based on view it go up. Now drop badly, will there be another round of rebound to cut loss? or shall i cut now? thx a lot!

Durian Edge August 27, 2011 at 12:51 PM  

Base on situation now in US, for Malaysia share market to bound up again in short term are unlikely. Foreign investor is flowing out from FBM KLCI so the index may likely to move sideways or deep.

After Raya share market may likely to bound abit but I think will not mach. If you holding bluechip I think you may keep it but if your holding is warrant or not bluechip cut loss is better.

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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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