Bursa Malaysia (KLSE) Daily Info Edge Zone

During 2008 KLCI Drop 10% from History High Before CNY

Durian Edge
Publish date: Fri, 29 Jan 2010, 01:25 PM
Durian Edge
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If you still remember, during early 2008 KLCI is hitting history high above 1,500 level and drop 10% in continues 7 trading day before a small bounds up and move sideways before a big drop into 2008 crisis. So now same thing is happening, just that the drop is not yet 10% and FBM KLCI already drop for continues 5 trading days.

For FBM KLCI to hits back 1,300 level may likely by end of the year and base on the chart FBM KLCI may hits bottom at 1,000 level. Next week FBM KLCI may likely to have a bounds up so to maximum the profit in short term is buy into good quality share call warrant.
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