Tuesday, December 05, 2006

The 1100

Today, 6 December 2006, KLCI surpassed 1100 around 9.30, when i am still struggling to connect to the internet with streamyx. From personal experience, it seems that whenever i have difficulties to connect to the streamyx, some swift and hidden movement are going on in the market. In 11.00. the trading volume surpassed RM 1 billion. The market starting to be irrational, and a strong support at 1100 must be formed. Else, the market could collapse in all of a sudden. Today closing price for KLCI will be very essential for our decision making process.

1 comment:

Trader Max said...

I don't understand the fuss about this. Its just another number.
Whats the big deal?