The accumulated net buy decreased as foreign funds continued, though at a lower rate, net selling. This scenario indicates that KLCI may not likely climb high, but more likely slowly moving down or staying on the sideway range trading if external market environment does not get worse with negative events
Yes sifu, and it already proved today. CI is in red today morning. Hopefully local fund will be supporting the index link counter in order to let CI goes green.
If foreign funds continue selling, the KLCI will slowly move down. Now retail investors are not panic yet, so the KLCI may be sideways with small ups and downs. Once retail investors feel the fear, the KLCI will sharply dip
The accumulated net buy decreased as foreign funds continued, though at a lower rate, net selling. This scenario indicates that KLCI may not likely climb high, but more likely slowly moving down or staying on the sideway range trading if external market environment does not get worse with negative events
ReplyDeleteYes sifu, and it already proved today. CI is in red today morning. Hopefully local fund will be supporting the index link counter in order to let CI goes green.
DeleteIf foreign funds continue selling, the KLCI will slowly move down. Now retail investors are not panic yet, so the KLCI may be sideways with small ups and downs. Once retail investors feel the fear, the KLCI will sharply dip
ReplyDeleteRetail investors fear are come from the euro crisis and also coming GE?
ReplyDelete