Tuesday, August 18, 2009

Rebound?

A good show happen again on equity market. Today, most of the equity market perform wild. It had created a uncertain move at openning but close at steady. Because euro and US given a positive trend to everyone.

So, some smart investors plan buying at this morning and hope US can stand above 9,ooo points or maybe achieved higher index than yesterday. Market always has a group of people playing this tactic to earn some money.

Like today at KLSE equity market, KNM was gave them a confident. So, next time if any adjustment come in. They will quickly jump in buy KNM. Is it the shares should playing like that?

As a speculator, I do agree but they forget one important factor. If overall market has a signal of turn down, this tactic will kill you.

Think carefully before jump in again!!!!!!!!!!!!!!!!!!!

No comments: