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2011-08-10

Today Will Be Profit Day

After a few day panic selling, most of the weak or floating money is loss and now market is going to technical rebound. Same like last year end May before the QE2 flow out most of the fund manager from CIMB and Maybank flow out the news that the index may deep below 1,000 again and the next day share move up till this year.

Yesterday the "No hope news" had flow out so I just buy a lot of warrant especially Maybank-CR because today sure technical rebound happen due to weak money had totally wash always so now fund manager is easy to put the pricing of the share. I had brought Maybank-CR with average cost at RM0.07 so if can sale it at RM0.085 today there are 21.42% profit out from zero sen investment.

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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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