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2010-01-29

During 2008 KLCI Drop 10% from History High Before CNY
























If you still remember, during early 2008 KLCI is hitting history high above 1,500 level and drop 10% in continues 7 trading day before a small bounds up and move sideways before a big drop into 2008 crisis. So now same thing is happening, just that the drop is not yet 10% and FBM KLCI already drop for continues 5 trading days.

For FBM KLCI to hits back 1,300 level may likely by end of the year and base on the chart FBM KLCI may hits bottom at 1,000 level. Next week FBM KLCI may likely to have a bounds up so to maximum the profit in short term is buy into good quality share call warrant.

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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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