Bursa Malaysia (KLSE) Daily Info Edge Zone

Any drop below this level will open an opportunity to cause panic sale to the market

Durian Edge
Publish date: Wed, 16 May 2012, 08:13 AM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
Following Message
FBM KLCI close near 1,560 level yesterday. Any drop below this level will open an opportunity to cause panic sale to the market.

Big fund can drop the index 20point in about an hour to see respond. Now Europe is selling share and gold, due to the Euro drop the USD value move up. All printed money become valuable, US smart people really done a good job on this.

However, what they can speculate is share market and paper gold, physical gold is not at all. At Malaysia retail gold price still high.
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Discussions
Be the first to like this. Showing 11 of 11 comments

lotsofmoney

I expect the KLCI to hit 1540.

2012-05-16 11:16

tahar123

Will cause OPPORTUNITY to BUY , look at the positive side (Mega sales)

2012-05-16 11:21

eagleis

ya c u @ 1540

2012-05-16 11:24

chong

Yes, brother tahar123 , Mega sales is always the right time to pick up some good counters & then you just wait & money will be rolling in later when market improves, hee, hee,hee

2012-05-16 11:25

chongkonghui

volume sooooo low...

2012-05-16 11:30

lotsofmoney

if Greece default, the KLCI will drop to 1200 or 800.

2012-05-16 13:14

ben4326177

Is Greece really important in EU? I mean economically.

2012-05-16 13:34

WWH33

If KLCI fall too 800 or 1200 that means End of The World loh.........

2012-05-16 13:37

Ooi Teik Bee

Please note that FBMKLCI will find a good support aroung 1,520 and 1,530 level. Do not be so pessimistic and worry. Please remember Chinese words, "danger means opportunity".

Buy for rebound if the stock price drops further.

Thank you.

Ooi

2012-05-16 14:22

baramundi80

ho ho ho...tsunami datang loh!

2012-05-16 14:40

usry

Our market was down more than 50 points within 1 month..

2012-05-16 14:45

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