Monday, March 29, 2010

Some Trading Opportunity Ahead ? FBM-KLCI Must Stay Above 1,300 Points.

Since last Wednesday, our Malaysian share market performance has moving quite well with most of the second liners and the third liners are showing more interest. If we take a look and examine the turnover done, it seems we have a healthier sign.

Maybe it is the right time to go in to look for any opportunity appears. Last Friday we also seeing some few market leaders emerged. Well it appears that our share market have more interest compared from the last two weeks performance.

Dow Jones Industrial Average is doing quite well and indeed their performance also did help the overall world equities market performance. Based on these few day performance, the possibilities to generate and to create more wealth shouldn't pose any obstacles provided that the FBM-KLCI didn't break 1,300 points level. This level should pose as guidance for us to do some trading opportunities.

Choosing a right and a perfect counter still play an important role in order to determine whether we can maximize the opportunity. As we can see, there are few hundred counters listed and not every one of them will move. A careful approach need to be implemented as we don't know how well the Malaysian share market will fare this week as the share market momentum just only starting to pick up.

Tuesday, March 23, 2010

To Jump In Or Not To Jump In ????????

To jump in or not to jump in ? To buy or not to buy right now ? It is a good question but it is a hard question to answer at these moments. Looking at our current Malaysian share market performance right now, we are still lack of interest. We need to have more volume or turnover in order to enhance the activities of the overall share market in Malaysia.

No doubt we can see some good momentum building up in the Dow Jones Industrial Average (DJIA), still most of the equities market in the region cannot catch up with the performance of the DJIA. That also including what happens to our current Malaysian share market.

Dow Jones is creating new high but not strong enough to confirm that they are already out of danger as they have just started to cross over the 10,720 points. The DJIA need to go up further in order to confirm that their trends are still intact for another round to go up further.

Today we can see most of the shares have started to move a bit after been lagging for quite sometimes for the whole pass two weeks and it seems that most of the shares have found their bottom. They seem to be moving side way with a few show more powerful thrust to move up stronger.

Well I can't say that our Malaysian share market performance right now have more potential to move up because from my past experience - the whole market especially the second liners and the third liners will only start to move when there is a MARKET LEADER emerge.

Do you think that the Malaysian share market will move on this coming few months ? I don't quite really know whether this chart that I have posted can really work or not? I found out this article from one of the bloggers who has mention that this is just one of CLSA Feng Shui Index 2010 that predicted the overall market performance (world) for the whole twelve months. In order to know more about the charts ..... please refer to this

Wednesday, March 17, 2010

FBM-KLCI - Can The Index Sustain At 1,300 Points Level ?

Another week has pass by and the results are still the same or I can say even worst than the previous week performance. As we can see right now, my suggestion that our Malaysian shares market behavior is just like a dead fish and its really support my point of view. I'm not trying to be a hero or to be proud in what I'm sharing with but rather to acknowledge most of my readers and the players to be careful enough when they started to pour in their money.

What I 'm trying to mention here is; the statement that I have shared was totally not a negative statement but rather a statement to inform most of the player to be on alert and don't get caught by this share market behavior whenever he/she or someone trying to play along with the second liners and the third liners counters would face lots of difficulty. If we check the overall market performance, we can notice that most of the time and most of shares were not performing at all.

Even some of the remisier has started to complain about our current share market performance. Right now we are entering in the month of March and yet the performance of our Malaysian equities market still didn't get along with the performance of the FBM-KLCI. To be positive at these moments is to wait until there is a leader emerge in our share market in order to build up the momentum but to be a bit negative would eventually help us to safeguard our investment ......

Can the FBM-KLCI sustain at 1,300 points level ? Whether the FBM-KLCI can sustain at this level or not it would depend on how the Dow Jones Industrial Average going to fare these few days. Current share market is telling us that the trend is not going anywhere and right now all we can do is to dig and search for a right counter to play along (individual counter).

Wednesday, March 10, 2010

FBM-KLCI New High - Nothing To Cheer About ?

Since last week, beginning of March 4, 2010 our Malaysian share market power up strongly and making a break through above their strongest resistance level of 1,300 points. It is a good sign but yet we still can't even make any gains out of it especially when we try follow the FBM-KLCI advance with most of the second liners and third liners.

Our share market performance especially the FBM-KLCI was tremendous but not for most of the individual counters. They can't even really move. Last week someone has mention to me that the article that I have posted was so negative. Actually my article was based on the movement of most of the individual counters. Our FBM-KLCI move because most of the blue chips shares are moving but for the second liners and the third lines counters, their movement are just like dead fish.

Basically if we ask most of the remisier, many of them have argued that it is not an easy market to play with. No doubt the FBM-KLCI is creating new high but most of the lower liners counters still stay near to their previous bottom. At these moments I don't quite understand why our Malaysian share market behaves like that.

This thing has been going on since before Chinese New Year until now and during that time we can't even find any positive rally that might happen. Frankly I would like to pen down some positive news or outlook for the FBM-KLCI but the performance of the overall markets didn't allow me to support this kind of positive statement.

Right now what we can see from here even though the FBM-KLCI is staying at new high, most of the second liners and the third liners must move or else we cannot call it a bull run (no big volume to support the overall market). At these moments it is quite important that the FBM-KLCI have a new strong supporting level at 1,300 points. This new supporting level will act as a major indicator to determine whether our share market is still alive or dead (second liners and third liners counters).

Dow Jones Industrial Average (DJIA) still plays an important role to determine whether the world equities markets still have hopes to move on. I don't foresee anything great for the DJIA unless the DJIA manage to surpass and break the 10,720 points level with big volume or big turnover done. Well this is just one of my opinion and we cannot take it that this opinion was a correct opinion.


Thursday, March 4, 2010

FBM-KLCI Still Didn't Show Any Positive Sign.

For the past few days, I have been watching how our share market reacts recently. It seems that we have nothing to cheer about. Although we can see some small movement among the blue chips counter, still they didn't show any sign that our Malaysian share market is going to move in a healthy way. Even if the FBM-KLCI still performing quite nice for these past few days, still most the counters are not performing at all.

Basically if we take a look on the world equities market performance right now, they seems to be heading for a roller-coaster ride. UP and Down. Their performance also rely on the performance of the Dow Jones Industrial Average. There are no indications or any indicators that would tell us that the world equities market are heading for a higher level. Even now we must beware that the DJIA might have the chances to bring out a huge Bears and strike the equities markets.

So, from here I would rather say that the possibilities for our Malaysian share market to move even higher level would be quite difficult, that also include the chances for us to make more profit from the current market unless we know how to choose a right counter.

Right now we can pay some attention towards the Sarawak base company as the announcement of the state election is within these few weeks only. As we can see from today movement, some of the Sarawakian base counters have started to move bit by bit.