FBM KLCI Close Near DMA 200

Yesterday Asia market had a technical rebound to begin this week however Malaysia share market continues to deep closer to DMA 200 critical level. For a country with 1Q2010 GDP 10% and already review OPR 0.50% did not help any support to it share market.

Now US dollar had rebound vs Malaysia ringgit and soon Malaysia gold price will hits up high by end of the year. I think Malaysia share market may revisit below 1,000 level due to with a good economic data did not help the support of share market so how about when 2Q and 3Q review out a negative data?

How true the GDP 10% will bring in investment still remain a question? After FBM KLCI broken below DMA 200 level, it is time to invest put warrant.

Stock Quote

KLCI Live Quotes Lookup Stock Code/Name Enter Stock Code/Name

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.

Footer

Weblog Disclaimer: The information contained herein was obtained from sources believed to be reliable. However, we do not guarantee the accuracy and completeness of the report. Opinions expressed herein are subject to change without notice. This report is for information purposes only and should not be construed as an invitation, offer or solicitation to purchase or sell any futures product referred to herein. The Author may from time to time has an interest or position in the futures products or stocks mentioned. There is a risk of loss in trading stocks,futures & derivatives like products.

Bursa Malaysia (KLSE) Daily Info Edge Zone