Important time-tested proven market rules or tips
Special Report On FBMKLCI
OTB
Publish date: Sun, 02 Jul 2023, 10:53 AM
Dear valued members,
Special note:
This is an educational program, stock selection criteria is based on TA and FA facts.
Upcycles and downcycles of KLSE
Upcycle from Sep 1998 to Jan 2008 - 261 to 1525 (up 484%).
Downcycle from Jan 2008 to Mar 2009 - 1525 to 837 (down 45%).
Upcycle from Mar 2009 to Jul 2014 - 837 to 1896 (up 127%).
Downcycle from Jul 2014 to Jun 2023 - 1896 to 1369 (down 28%).
Note :
- Enclosed is the monthly chart of FBMKLCI for your perusal.
- I had drawn an uptrending channel to support the FBMKLCI chart.
- Based on the monthly chart, the lowest point to be supported by the uptrending channel is 1,340.
- I believe the market bottom will be in the next 2 months.
- It means the FBMKLCI can drop further 29 points to find the bottom at 1,340 if 1,340 is not broken.
- I strongly believe that 1,340 will be the bottom to be supported by this uptrending channel.
- If 1,340 is broken, the FBMKLCI will drop further.
- Most of the shares listed in KLSE, the Q1 2023 results ended March 2023 are not good, hence the performance in KLSE is very bearish. Foreign funds were selling stocks aggressively in May/June 2023.
- The downtrend in this downcycle is too long, it started from Jul 2014 to June 2023. I believe the downtrend will stop in July/August 2023 after 6-state elections are completed.
- The Malaysian economy expanded by 5.6% in the first quarter of 2023 (Q1 2023), comparing favourably with regional growth such as Indonesia (5%), China (4.5%) and Vietnam (3.3%). The Q1 2023 growth performance contributed strongly towards the achievement of the 2023 whole year forecast of 4.0% to 5.0%. To me it is good news and it should benefit the performance of KLSE. I believe an unstable government perception is still overriding this good GDP news temporarily. This wrong perception will be cleared after 6-state elections are over. I believe our unity government will perform well in these 6-state elections to convince all investors that the worst is over.
- Most of the shares listed in KLSE, the Q2 2023 results ended June 2023 must be better than Q1 2023 results. It must show that there is a growth in the earnings of the shares listed in KLSE. I believe earning growth will help to move up the share prices and FBMKLCI directly.
- Based on my study, the best month to buy stocks in KLSE is July/August month, usually the share price will go up until December month.
Will we see light at the end of tunnel after August 2023 ?
I believe a new upcycle will begin after August 2023, it will be a strong one after a long and extended downcycle that lasts about 10 years.
Thank you.
OTB
寧可天下人負我, 休教我負天下人
This is an educational program, stock selection criteria is based on TA and FA facts.
Please be informed that the aforesaid stocks are solely for the purpose of education only ; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
The final decision to buy is always yours.
Disclaimer :
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Discussions
8 people like this. Showing 12 of 12 comments
everything up! good thing speakup almost 95% in stock! holding very little cash.
2023-07-15 16:24
Foreign funds is in buying sprees on last two days
Hopefully it will continue
2023-07-15 16:24
I hope those who read this article like speakup has started to invest heavily in KLSE.
I believe a bull market in KLSE will start in the second half of 2023.
This bull market will last a long one since KLSE was in a bear market in the last 10 years.
KLSE cannot be a bear market permanently, it is too long, a bull market will come back soon.
We should see the light at the end of the tunnel, a few good signals have appeared.
1. The Malaysian economy expanded by 5.6% in the first quarter of 2023 (Q1 2023), comparing favourably with regional growth such as Indonesia (5%), China (4.5%) and Vietnam (3.3%). The Q1 2023 growth performance contributed strongly towards the achievement of the 2023 whole year forecast of 4.0% to 5.0%. To me it is good news and it should benefit the performance of KLSE.
2. I believe our unity government will perform well in the 6-state elections to convince all investors that the worst is over. No more perception of unstable federal government.
3. The latest report on US dollar index, the index falls below 100 points. It means the USD will drop further against RM. The conversion of USD to RM is at 4.53 today. It means foreign funds will stop to flow out from KLSE.
4. The economic data of Malaysia showed a big improvement in May 2023, the inflation rate is reduced to 2.8% which is a good news to KLSE.
Good luck to all investors, hope a bull market starts in KLSE soon to help all readers to make a lot of money in the next 2 years.
Hope to see more millionaires are produced in KLSE, do not believe other stock markets are always better than KLSE.
It is a matter of timing only.
Thank you.
2023-07-15 20:46
the only thing that can burst this bull run is PN win big in state elections
SO DO NOT VOTE PN IF U WANT THIS BULL RUN TO CONTINUE!
2023-07-16 08:47
the one that bought tesla to malaysia... huat ahhh !!! bull run incoming !
2023-07-18 13:49
Looking at daily chart closing price, there is a double bottom at 1,373.
You can say it is almost bottom at 1.373.
I hope to see a new upcycle after August 2023, I also hope it is a long upcycle and a bull market for FBMKLCI after a long downtrend since July 2014.
I hope all investors will laugh all the way to the bank after August 2023.
Hopefully we can see a bull market in KLSE after a long bear market for almost 10 years since July 2014.
Good luck to all investors in I3.
Opportunity hits but once.
You should start to invest in KLSE, you will be rewarded handsomely in the next few years.
Thank you.
2023-07-19 22:41
I veri hapi to hear there got double bottoms. I onli hope there got no bottomless bottom lah.
2023-07-20 10:09
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Zhuge_Liang
Hopefully the worst will be over by August 2023. The downtrend in KLSE since July 2014 until today is too long. KLSE is the worst stock market in SEA since July 2014.
We never see a bull market in KLSE since July 2014.
Hope to see a new upcycle and a bull market in KLSE from September 2023 onward and will last a long time.
Good luck to all investors in KLSE after September 2023.
2023-07-02 20:44