Friday, May 13, 2016
Selldown in KLSE
3.10pm : KLCI at 1620 level again. The weekly chart will not be good if it didn't rebound later before market closing.
"Selling pressure could be due to MSCI Malaysia Index being reduced to 3.09% from 3.43%, analysts."
Note : Do google search for MSCI to know more.
The selldown could be due to this piece of news. As I m reporting now ... everyone is wondering what is hitting them as the nervousness is clearly shown in forums.
Frankly, I could not really feel the actual FEAR to buy as much ... yet. So, start to buy in stages ... look into oversold blue-chips and whatever stocks we like ... to buy in mid-May and go away.
One of the step to prepare for market crashing : FUNDS ... will be discussed tonight 8.30pm (if wish to join me ... contact me at 012-821 0129 ... it is free but one needs to buy a coffee-drink). Limited space.
Participants are expected to share opinions and ideas too. Let's prepare together!
Venue : Tonight meeting at SS15 Subang Jaya.