Well the FBM-KLCI still at high and indeed we can call it there is still no dangerous sign that can jeopardized the FBM-KLCI movement but if we take a look on most of the speculation counters .... most of them tend to have depreciated near to their recently low.
As I have mention few days back if the FBM-KLCI move towards upward and without the volume improving as a back-up then it is not wise to speculate at these moments. It is quite tricky to get involve right now as there is no indicator or some other good news to push the market up especially for the speculation counters. Yesterday we might be seeing most of the shares went down but today they might be moving up. Who knows ? As long as the V O L U M E done are not increasing, it is advisable to stay out unless we are really keen on certain counter that really can move.
These few weeks transaction done can be consider quite hard for us to earn some profit as the overall counters especially the speculation counters are not really moving although the FBM-KLCI is moving quite well. It seems that the bulls are fighting it very hard with the bears in order to maintain the FBM-KLCI above the 1,200 points level.
3 comments:
Hi Jackie,
Long time no hear. I do think KLCI will go below 1200 soon ... so, I m out.
BTW, sorry that I do not hv transportation to meet with u(or go anywhere!!) carrying two babies. Next time, bro.
Hope to see u, one day.
Keep in touch, ya.
TEH
It is ok. Maybe I might be going to Sabah ..... Who knows ?
Anyway thanks.
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