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Monday, January 25, 2010

Bursa Malaysia Weekly Summary

Amazing that KLSE is still holding up. Overseas market is having a correction now. My chart says that it is not a serious one. No strong sell signal yet. Anyway, I'm cutting a few of my positions because the positions is nearing expiration date or the underlying share has broken a certain pattern. No point to hold it cannot go to the direction that I'm betting on.

The summary for KLSE sectors:
Malaysia Monthly Weekly Daily
FBM KLCI Up Up Up
Finance Up Up Up
Construction Up Up Neutral (-)
Plantation Up Up Neutral (-)
Property Up Up Neutral (-)

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