Due to the DJIA markets are weaker, our KLCI is resilient and may going sideway in May & June. It is not falling a lot but for KLCI to go up is unlikely,the market is still strong and now just need to wait the vol to go lower and buy at that time. Normally during this two months, EPF, Amanah Sahan & some Malaysia big fund will buy some good counter to make the KLCI index look strong, when the vol is getting up it's time to sales.
Tuesday, May 6, 2008
06-05-2008 - KLCI is believed to move sideway or downward for 2Q2008
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