Last year 2007 at month of April, KLCI is moving up and go sideway for May, Jun and July before big drop at early of August. At that time the vol is high and weighted moving avg 50 and 100 day is below the KLCI index point, this mean a lot of people is jump into market but for this year May the vol is vary small 5K vs 10K. I think for now a lot of fund is out from market already due to political issue.
Friday, May 9, 2008
KLCI MAY GO SIDEWAY FOR MONTH OF MAY 2008
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