MayBank Panic Selling!

Yesterday MayBank price dip below RM8 and loss year to date gain since 15 Sep 2010. MayBank just close the full year earned 15B profit last month also facing selling pressure.

Foreign selling pressure likely to end soon, we already see selling pressure on all FBM KLCI blue chip and all bank share had hits. Malaysia share market is controlled by government so after most of the foreign investor go Malaysia share market will be easy to mark up again.

Next month will be a good month to buy in some blue chip call warrant. Bank had made huge profit from call warrant expire on August, September and October.

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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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