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- Did our composite Index really can show our market TEMPERATURE?
This morning when market open then down 2 points was because by PETGAD done 100 shares only.
If today and next week is still unable to close above 1725 more sell down could continue.
Our CI most of the time it movement was control by a hidden hand , who are the hidden hand ? YOU should know .
Why this sharp down I have no feeling of scare just because the down was manipulated by the hidden hand, what was the propose , to move the FKLI direction , this is the reason I don't want to play FKLI any more.
BIG HANDS CONSOLIDATING AND NOT SHORTING AFTER COVERING VERY HUGE AMOUNT OF SHORTS IN JUST 2 DAYS. MARKET IS NO LONGER BEARISH. I CALCULATE AND SAY THINGS BEFORE THEY HAPPEN. JUST WATCH.
The only thing we can say is Malaysia Boleh. Next week the fiscal deficit team is going to tackle Malaysia national deficit politic issue so that our rating will not be downgraded further. I am very bullish on the market especially blue chips with earning growth.
Now look at below counters then to understand the last few min shoot up, from my observe most of the time was this few counters which move the CI up and down, try go look at some other counters like IOI, NESTLE KLK today the last few min they still keep as it.
NOw 1 question in my mind why not NESTLE into Ci , why should BAT put into CI . Yesterday morning KLCI down about 2 points just because of PETDAG start done with only 100 shares down 52c
Last minute closed at 1727, bull is still in control, next Monday maybe can start to grab.
I had show may type of charts and indexes yet people cant read it what can I say , if the market really going to go off it wont let you know it will show very good , before GE they try to give away the Index counters now they press then collect it back ,from the money flow chart show.