Bursa Malaysia (KLSE) Daily Info Edge Zone

Market test show no panic selling

Durian Edge
Publish date: Thu, 17 May 2012, 08:14 AM
Durian Edge
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Malaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia Share
Following Message
Yesterday market test show no panic selling. Now FBM KLCI index already drop below MA100 due to net selling of Foreign investor, however the mark down did not cause panic selling to the market.

This really show that, retail investor in share market is very low. A bound  back likely to happen today so the vol will be the sign of share market will go down or sideways.
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Discussions
Be the first to like this. Showing 10 of 10 comments

kangweilai

thanks for sharing

2012-05-17 09:29

ramunia

we will see later,,hahaha

2012-05-17 09:44

alntm

yup ..month of may not over yet!

2012-05-17 09:48

kl foong

wait n see...hope there is no panic selling.

2012-05-17 09:52

ramunia

Burst later...hopefully,

2012-05-17 10:05

Jester

global sentiment still down.. Tgok petang nanti cmne.. Don't be suprise if it falls until 1534 level

2012-05-17 10:09

ramunia

market Still holding well now..Jester,Kl foong,alntm,kang,are all of you holding big amount of shares?

2012-05-17 10:19

Namoyaki Takarajima

Jester! Yup! Break 1530 will be 1527, Break 1527 may fall straight to 1500+. Be wise. Jumpa/Tengok petang ni.

2012-05-17 10:25

Jester

Ramunia, I don't hold a big amount of shares because I'm veryyy new to investment.

Namoyaki, 1530 is actualy possible if there's negativity in this evening. Kalau smpai 1500 level, xtau la bila boleh recover balik.

2012-05-17 10:33

alntm

ram - holding pattern for jcy. rest of pickings is intra day only or cheap potentials not more than 10 lots.

2012-05-17 10:51

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