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FBM KLCI Likely To Deep Below 1,400 Level

With FBM KLCI miss to rebound last week Friday, FBM KLCI continues to deep on yesterday about 1% same with most of Asia market. On last Friday when Malaysia is in holiday, most of Asia market ware bound up so Monday deep is only loss back the gain on Friday. However, for FBM KLCI Monday deep is continues loss on last week.

Malaysia market really not in good condition as Foreign investor continues they flow out from Malaysia share market and local fund is not buying into the market, so this really show that the market will deep more.

Now is not the time to buy share or sale, in long term local fund can not be forever not buying into the share market because they still need to paid salary, so up to some level they will start to buy, FBM KLCI will move sideways during accumulation by that time we as retail investor must follow.


Anonymous September 20, 2011 at 11:24 AM  

It is dip, not deep...


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