Tuesday, December 05, 2006

Are small fishes swimming to the trap?

Trading is never easy; MESDAQ is now on the move. KLCI is approaching 1100; and volume is getting stronger and stronger. KLCI is very important, it serve as a confidence assurance vehicles to all the investors in the market. The game plan now is to observe clearly, if the index is able to consolidate and maintain at the high level. This is a critical point for attracting the small fish to join the party. Ultimately, why should the big fish join the party if none of the small fish is jumping into the pond? How the great profit or wealth transfer mechanism is going to be occurring when the market drop sharply before the strong hand able to attract the weaker players’ money into the market, exchange with them legally tins of bad sardine with bags of gold?

A positive sign will be seeing newbie and people not-related to the market to be start talking about the market; mass media are found highlighting these financial events and instill a so-called investment culture; and gradually lead to a naturally occurring Ponzi scheme. We know tigers are hungry; they have been starving for a long period of time. But is the herd of sheep is moving into the trap?

1 comment:

Trader Max said...

Not yet.
Too many smart asses are shorting the FKLI.
So the tigers decide to kill those smart asses first!