FBM KLCI Panic Selling Ended

After yesterday drop about 26% and slowly moving up is a sign that the panic selling is ended so next week share market will be more supported except more bad news flow out from US or Europe. For me I think unlikely any bad news will flow out because most of it already cause the market to "wash" out the weak money into gold.

Back home, Hari Raya is about 2 week to come so the share market may likely to hits back to 1,500 level again by next week.

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Investment Idea

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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