Bursa Malaysia (KLSE) Daily Info Edge Zone

Wall Street Bounds Up Big, Time To Profit Taking In FBM KLCI Today!

Durian Edge
Publish date: Thu, 08 Jul 2010, 07:42 AM
Durian Edge
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Today FBM KLCI index may likely to bounds up to 1,320 level due to Wall Street gain. This is the news the big money waiting to mark up the share. The time to profit taking is here, yap the profit may be not high but as long as it profit not loss is ok. Sale now sure can buy it back when the share go down because most of the fund manager made profit by this ways.

Yesterday Wall Street up is because bullish forecast from financial company State Street Corp fueled optimism about the coming earnings season and helped the S&P 500 break above a major resistance level. The word "forecast" is the point they use to mark up share and share drop with actual data review out. That is the news manipulate strategic. Printed US money is just flow out into share market to push the share up so at the same time gold price will also go up due to too many printed money in the system and later food price will up.

Hopefully today share will fly sky high for retail investor to made some profit.
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