Bursa Malaysia (KLSE) Daily Info Edge Zone

Sale In May Buy In October!

Durian Edge
Publish date: Tue, 24 Apr 2012, 12:11 PM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
Following Message
Base on the chart FBM KLCI is about to correction and if GE13 is in Jun, so Sale in May will be true for this year.

US market and Euro market also show sign of share correction by that time, it will be a good time to buy good dividend share.
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Discussions
2 people like this. Showing 2 of 2 comments

Jonathan Keung

KLCI support is weakening except for the index linked counters.Foreign Funds were net Buyers for the past 15-21 days. Spain & latest Denmark affected by the on going instability. Sell in May may come true if China again showed negative (marginal) growth in the latest quarter.

Best (side-line) and wait for opportunity before fishing in the troubled waters.RHP Cap still uncertain on their merger with OSK. MAS bleding. ETP uninspiring and with GE-13 dates pending. Your guess is as good as mine. Cautious is the key in this uncertain times.

2012-04-24 13:37

kong73

good tip..trending down now..perhaps sell now n not wait till May..aiyoo..decisions..decisions..

2012-04-24 23:59

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