Friday, January 22, 2010

Breaking The 1,300 Points, Not Every Counter Are Performing.

Looking at the current share market movement, actually we have lots of opportunity to make some gains but it is not easy as we thought. Current market sentiment looks quite positive but it seems that we are moving into a correction right now where by not every counter are moving.

No doubt our FBM-KLCI at new high, still we need to be careful. I have been watching how our share market reaction these few days and it seems that they are consolidating.

World markets are not performing at all and they tend to move slowly towards the south pole this week. This is not a good sign at all. Dow Jones Industrial Average seems to be having a though night with the Bears, and the Bulls are still fighting it very hard to maintain at their current level.

Last two weeks I did try to buy some of the counters before Chinese New Year is getting nearer but until now, I still can't really make any gains out of it. It is not an easy market to invest at these moments unless we really have some great news to play along. However a careful approach need to be implement in order to safe guard our investments as the DJIA is showing some weaknesses these few days.

5 comments:

Share Journey said...

It's quite hard to make money these days...

alexlee said...

Before any huge correction happens to KLCI,what is the upside potential??100 points to 1400 or 150 points to 1450, that points is what CIMB predicted at end of 2010. So, the truth is down fisrt then up again...

Umar Abdul Aziz Bin Hj Mohd Affandi Bin Abdul Rahman said...

Anda remaja ? jom ke blog remaja terkini sekarang http://ohremaja.blogspot.com

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