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2011-08-20

Raya rally is likely not to happen in this year



















Dow Jones Ind deep below 10,900 level on yesterday closing. As thing did not getting better from US and Euro so Asia share market also will be at red zone. Most of the investor will flow the money out from share and into Gold so money flowing in market will be less and the index will deep very low in coming week if the fear is continues grow.

However, likely US and Euro will do something to support the share market and coming next 2 week is Hari Raya so I think investor will at the side line till the holiday end. Due to this FBM KLCI unlikely to move up so Raya rally is likely not to happen in this 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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