FBM KLCI Is In Down Pattern?

Base on the chart, FBM KLCI is forming a down pattern. Will FBM KLCI move higher again, it will very base on foreign investor fund.

Soon more printed money will flow from US to invest or speculate in Asia market, so high dividend share will be a good choice of investment for now on.

Foreign Funds Sell Off Power

Yesterday FBM KLCI big drop where most of the Asia share market is in positive. I think this sell off from foreign funds is testing Malaysia EPF power to push back up the index.

September always not a good month to invest into Malaysia share market. Now is the time to wait for the opportunity to come.

Sure share will go high when QE or ECB start. No money? Just on the printer and print!

Foreign Investor Is Making Profit

As world share dip yesterday, we still saw FBM KLCI been supported by local fund especially EPF, ours money. Foreign investor always buy low, push up the share and sell high to local fund. They really making a lot of money from Malaysia without building a single factory.

The is the answer why EPF always said make money but only give 6% dividend. Foreign fund is exiting Malaysia share market, US dollar value is high compare RM and FBM KLCI is making new high also. Look not logic!

BN still no yet announce the GE13 date so they still need to use EPF money to continues make the index higher to give a wrong picture to us. For sure now Malaysia share and economic is in real danger, be smart when invest in share market.

Short term bullish on share

Soon EU will need to start print money in massive scale and sure this will bring the crisis to next year. Short term Malaysia share market will be bullish due to we also already print money.

New note will be flow out this month so market will have new printed money to make the index higher.

No Demand Bar - Not a good sign

Yesterday we see a no demand bar in FBM KLCI closing. This is not a good sign, share market may likely to go down as foreign investor continues cash out the money from share market.

Now really not the time to jump into share market.

€100 Billion will Help Spain?

Will €100 billion will help Spain? If you base on Greece this money will not help. Euro already use large amount of aid to help Greece so now come Spain so how far and how many money can be use?

Because of Europe crisis, USD is moving higher and RM is moving down soon foreign fund will be more buying power in Malaysia and share may likely to flow in to speculate Malaysia market. Share likely to move higher this week due to the money aid news. 

All this aid will come from more money printing and more speculation, living cost will go higher and house price and food will go up too. You and me will go poorer by total amount of money in EPF and Bank will go higher.

Very disappointing report on the U.S. labor market may likely to dip the share market

Very disappointing report on the U.S. labor market may likely to dip the share market this week.

Right on time about the end of year's first half (as expected) bad unemployment news turned up to rack an already panicked stock market which had been floating on fumes, hopes, & Fed propaganda. New jobs in May grew by 69,000, lowest in year and far short of the 158,000 economists expected.

Bad unemployment data in the face of an upcoming election will send the Fed skittering to the money pumps to keep the ship from sinking.

Share likely to rebound by this week

Share likely to rebound by this week once a small good news from Europe due to after a week time market mark down did not cause retail panic selling and it also mean retail investor in market is very low so big fund manager is no point to mark the share to go lower.

All high dividend share had not effected by the down turn especially PetDag being the main support for FBM KLCI index. For now only this type of share can be buy and also physical gold.

FBM KLCI next support will be at 1,520 level

FBM KLCI next support will be at 1,520 level. However, the trading vol is low so likely this is the market mark down due to the negative news.

Market test show no panic selling

Yesterday market test show no panic selling. Now FBM KLCI index already drop below MA100 due to net selling of Foreign investor, however the mark down did not cause panic selling to the market.

This really show that, retail investor in share market is very low. A bound  back likely to happen today so the vol will be the sign of share market will go down or sideways.

FBM KLCI Drop Near To MA100

Today FBM KLCI still drop and at mid-day FBM KLCI already near 1,560 level, any broken of this support will go to 1,520 level.

Now share drop and Gold price drop but retail gold price still at RM180 for 916 Gold so it mean the world big fund manager from the West is speculate the system by keep in printed money. For what good I really did not know.

Any how sure they do for made profit from us.

A Doji Tail On FBM KLCI Index - A Market Test

Yesterday a doji tail show up on FBM KLCI index chart and also at the same time Foreign investor is selling share so who buy up all the share? Myself really did not know yet but sure they buy for profit so may be some news will roll out soon.

Now we have to be careful as smart money will sell out share for news during daily rally.

FBM KLCI Turn Negative Likely This Month

Base on the chart and the vol FBM KLCI is turning negative likely this month and if GE13on June, the index will dip more. Current US economic is in windows dressing and delay the problem until US election end this year.

For me, May will be a good month to buy in good dividend share when the share price go lower.

FBM KLCI Drop Near 1,570 Level

FBM KLCI end month of APR with drop near 1,570 level. When entering month of May FBM KLCI likely to move sideways and if the Index drop below 1,540 level, FBM KLCI will start bearish form. I think once government announcement of GE13 date share market will dip with foreign fund selling high price to EPF

Sale In May Buy In October!

Base on the chart FBM KLCI is about to correction and if GE13 is in Jun, so Sale in May will be true for this year.

US market and Euro market also show sign of share correction by that time, it will be a good time to buy good dividend share.

FBM KLCI Is Not Going Anyway

Last week, FBM KLCI is facing very hard to broken 1,600 level. Buying power from foreign investment is getting lower due to that FBM KLCI is limited on 1,600 level. For me I think index is not going anyway and since Malaysia GE is about to happen on June so usually the index will drop during the election.

My opinion it is better to lose opportunity than lose money

The Dow Jones is forming a rounding top- bearish. If Obama wins the Nov election expect a major bear market to begin. The Bush tax cuts will expire in Jan 2013. This will raise all taxes including dividends, capital gains, corporate taxes and a wealth tax on the rich. He desperately needs money to pay to those who do not work or produce.

If Romney wins expect a market collapse as Romney is on record that his first act will be to sack the Bernenk and put in a hard money man. Bailouts, stimulus will end. Expect a deflation and higher interest rates. This could kill the housing market recovery and put more out of work. Romney is not a socialist but he is power mad. Ron Paul is the only candidate I respect.

What to do ? Lighten up on any speculative shares you might have. Reduce exposure. Keep your gold and silver. Focus on high dividend Warren Buffet types of companies that can weather the storm. Avoid bonds.
In my opinion it is better to lose opportunity than lose money.

FBM KLCI Having Hard Time To Move Up

US market Dow Jones Industrial Average had turn moving south after hits 13,000 level and just close below 12,900 level at Friday. FBM KLCI also having hard time to move up with foreign investor buying power drop, however foreign investment still big in Malaysia share market.

Base on current situation, enter into the market now still not an option, I think most of the investor still waiting any bad news flow out from US or Euro before made they move.

World Share Market Dip After Hits History High In 1Q2012

We may notice that US and China market had start to dip after windows dress for 1Q2012. The global economic situation still very depend on QE3 from US, any news said will had QE3, gold price move up and share also but when QE3 unlikely, gold price and share re-act same, drop! So QE3 is good or bad? Myself really did not know.

Back home FBM KLCI index is moving sideways after hits history high and Foreign fund start to become net seller. When Foreign fund sale, local fund buy in but now most of the share price is in history high so local fund may buy in high price. The selling of share from foreign investor still low, when it huge, FBM KLCI sure will big dip.

Yesterday FBM KLCI Drop Due To Foreign Fund Selling

Yesterday Foreign fund selling share and had dip FBM KLCI 7 point. Just enter the month of APR all bad news from US and Europe re-surface again. Job data from US can be up and down in month so for me I really think the US is manipulate the news, share and gold.

Paper gold can be manipulate but physical gold can not because this metal is limited in Earth, US technology can not print it but they can print money.