KLCI keep dropping; anyone can share your opinion why ???

Posted by soros228 > 2016-05-16 10:01 | Report Abuse

KLCI keep dropping. Any news?

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2 comment(s). Last comment by lcwin 2016-05-16 17:31

Junichiro

2,063 posts

Posted by Junichiro > 2016-05-16 15:36 | Report Abuse

Simply the KLCI has already peaked. It is now on its down wave with intermittent rebounds. If u recall, the uptrend started during the 1998 lows.

lcwin

326 posts

Posted by lcwin > 2016-05-16 17:31 | Report Abuse

KLCI is never a performance benchmark for Klse stocks in general. All the component stocks in it is controlled by Khaz , Epf and friends. Use it as a general sentiment gauge.
I also notice a lot of investors wanting to short KLCi future index.
KlCIindex will moves at the wills of these guys so I hope those playing index future take this into account when gambling with your hard earn cash. You are playing with the Big Buayas.

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