Bursa Malaysia (KLSE) Daily Info Edge Zone

Did Libyan Really Cause The Share To Dip?

Durian Edge
Publish date: Sat, 26 Feb 2011, 02:56 PM
Durian Edge
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FBM KLCI had dip below 1,500 level and base on the chart the share may likely to dip to 1470 level. What we hear from then news is the dip is because Libyan political problem but did Libyan really cause the share to dip?

For me I did not think so, Libyan is not a very impotent country that will effect world economic compare inflation that we now facing. Big money just use it to mask up they plan to take profit from the share market and when the share is low enough they will buy again so FBM KLCI may dip more and move sideways for big money to accumulate than a short dip to fear the weak share holder before push the share up.
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