Bursa Malaysia (KLSE) Daily Info Edge Zone

Panic Selling May Just Around The Corner!

Durian Edge
Publish date: Thu, 09 Jun 2011, 08:32 AM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share


















Due to growing fare from US and most of Asia share market are effected, FBM KLCI may soon hits. When Big money slowly exit from the market, they will try to panic the market by using bad news from US. US market already dip 6 trading days same like last year before QE2 flow out into the market and at the same time last year FBM KLCI also not effected at the beginning but by mid May FBM KLCI dip from 1334 to 1247 in 8 trading days. However FBM KLCI recover back to bull run by end of July 2010.

I think panic selling may just around the corner, any time the big money can dip Malaysia share market before bull run for 2H2011.
Discussions
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Johnny Powty

you may be right. The captal markets are roiled to cause emotional selling before the heavy hitters turn up to clean up value

2011-06-09 20:17

Jake

Time to accumulate on some strong counters then

2011-06-16 22:52

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