.:: Kursus Asas Pelaburan Saham dan Kelas Analisa Teknikal KLSE ::.
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Dear Readers,
In my July Stock market Comment my headline was "KLSE Next Move – New All Time High or Sell Down !". We were both right , on July 11, 2011, KLCI registered all time high @ 1597, just short of 1600 and began a new mark down (selldown) to 1550, a mere 50 points or -3% drop. This is a normal corrections in a uptrend climb to the top.
What concerns us really is the reduction of foreign funds participation in our Bursa Malaysia. Their net holdings has been reduced to net sellers since peaking on 30 June 2011.
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Martin Wong
Trading Coach
Investmatic Management, SoHo, Ara Damansara, Selangor DE, Petaling Jaya 47301, Malaysia
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