Thursday, July 23, 2009

Opportunity To Accumulate Shares ? May Be It Is The Time.

FBM-KLCI have reach its resistance points of 1,160 points. Whether the index still have enough strength to move on, it will depend on how well the FBM-KLCI will digest its recently running. The blue-chips counters look very strong with most of them already register double digit gain.

At these moments we might be seeing some opportunity to accumulate some of the speculation shares as profit taking already emerged yesterday.

Whether this profit taking will last for 1 or 2 days or maybe even longer, the capabilites to choose the right counters will be treat as an advantages for us to make some income. Choosing few potential counters is not easy because we want to make sure that it can move and we can make quick profit from it.

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