Thursday, June 19, 2008

KLSE MARKET NOT STABLE YET

In the KLSE's today performance, it seem likes bottom. But i maintain my view, there is not bottom yet.

Today transaction did not shown any positive move. Hence, index still looking on lower support.

I continue save all money to waits the opportunity. Is it you will do the same?????

2 comments:

RL said...

Hello,
bottom.... hmm.... it depends on what kind and wat time frame you are talking about... :)

if you are talking about the major trend, hmm... confirmation of a bottom wont come so fast.... but if you are refering to a rebound, it is possible... :)

Regards & good luck...

RL said...

hi,
i'm just trying to follow up on my previous comment on day trade with this one...

the reason i include rebound in my last comment is because i am trying to make the point clearer... i am expecting a technical rebound on friday... so lets say if you are able to time a rebound the previous day, you can try to make an entry at the closing or any chance that day, and when the rebound day comes, you will be able to catch the open gap... so you can be able to decide wether to hold or to sell for the profits... :) i personally think this is able to boost up the profit margin quite a lot la.... hehe...

but then of course there will also be risks of losing money if u time wrongly la... hehe.... so practice with caution.....

regards & good luck...