FBM KLCI Hits Above 1,320 Level

Today FBM KLCI close mid-day at 1,322 level due to few good news across Malaysia and also from US. For me now is the best time to sale out all your on hand share to take profit because next come month Apr & May usually share market will drop plus growing problem in Europe and Dubai sure will effect the share market soon or later.

If you do some analysis on the chart during early of the year, for FBM KLCI to bull run from 1,270 level to 1,300 the vol is mach more higher compare during Feb 2010 till now. FBM KLCI hit new high is without support by high vol so for it to drop back to 1st support line below 1,300 will be vary likely.

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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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