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2010-05-14

OPR Up Another 0.25%



















Last OPR review is on 04 March 2010 with a increased 0.25% and after that FBM KLCI had a big jump so will this happen again? If you had jump in into share market during last week red sea so I think to make some profit from the news OPR up 0.25% will not having any problem.

6 comments:

Ivan May 14, 2010 at 11:17 AM  

planning to buy a few banking cw yday . .but fail ..

anyhow, due ms.sime drop huge. .so mkt sentimen are sick. . . . .

East Point Trading May 14, 2010 at 12:06 PM  

With the review of OPR and strong GDP result did not bring any good effect on FBM KLCI index today.

It really show that most of the investor did not believe Malaysia economic was that good and I think they know the real number.

This sign is vary danger due to any thing may happen when government start cover the real economic data. Be safe we better take out all our money to buy into gold.

kyong May 16, 2010 at 8:16 PM  

Hi, Durian Edge,

Your comments are excellent, You are right that Malaysia Economy may be heading to the Rock in the middle term.,

Gold will be knocking the USD1300 per ounce soon, as it was traded at its all time high @ USD1245 LAST Thursday night!

So be cautious, there are many Bull traps in the Bursa Stocks

Thanks

East Point Trading May 17, 2010 at 12:22 PM  

Hi kyong

Thanks,

Base on today market situation some thing is vary wrong. News keep report that the drop in FBM KLCI is mostly due to SIME but I note that all bank share did not go higher also with the vary good financial report.

Most of the time with GDP increase 10% share market will up but Malaysia share market drop, a phoneme that never happen before.

Ivan May 17, 2010 at 1:40 PM  

Hi Durian,

Are this a sign that our market will crash soon?

East Point Trading May 17, 2010 at 4:09 PM  

Hi Ivan

Hard to said because now no one will know the true data about Malaysia, only the government know and in Malaysia, government can hide it anyway without Q ask.

May be due to this reason all the FDI money is run away and since the FDI money is not in the market, vary big money flow out from share market may not happen so market may not crash but may move sideways.

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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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