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2011-10-07

FBM KLCI Today Likely To Move Above 1,400 Level



















Today is budget 2012 day, and base on the major bank share movement this week today FBM KLCI likely to broken back 1,400 level. Current foreign investor money is low in Malaysia and when Asia market go up Malaysia is free to mark up the market.

This month will be the good month to take profit in call warrant investment especially PCHEM-CB and MayBank-CR because this two share move up will push FBM KLCI higher. PCHEM likely to move up more due to when it at RM5.50 to RM5.40 many share been accumulated so soon PCHEM-CB will move to RM0.06, it is 50% up from lowest.

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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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