FBMKLCI "Water Fall" Dip Is Near!

Yesterday FBM KLCI rally high with also high vol. Usually share market will big dip when hits new high so now KLCI is above 50 point to broken last new high on 1,600 level.

In short term I think the share will go to new high before a "water fall" dip because as we all know Europe debt and US problem still no yet solve. Fund manager need to push the share up and distribution they share in high price to make profit for they enjoyment of live. For me I almost sale all my share in my profile include PBBANK share because even good share like PBBANK will drop and by that time can buy back again, but may be need to wait till min-year.

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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.

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