Bursa Malaysia Penny Stock Index, BMPSI, down 178 points and closed at 9,591 on 19-Nov-2007.
This is the BMPSI link for 19-Nov-2007 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/c1d46e95a7d49fb4?hl=en#acb8f9a8dd230192
We see trading volume at Bursa Malaysia shrinks, but BMPSI falls for another 178 points. This only indicates one fact : local brokerage firms are selling retail traders' custodian stocks. We believe this condition cannot continue for too long, hence is the sign for a rebound in the coming two weeks' time.
This is the BMPSI link for 19-Nov-2007 : http://groups.google.com.my/group/BMPSI/browse_thread/thread/c1d46e95a7d49fb4?hl=en#acb8f9a8dd230192
We see trading volume at Bursa Malaysia shrinks, but BMPSI falls for another 178 points. This only indicates one fact : local brokerage firms are selling retail traders' custodian stocks. We believe this condition cannot continue for too long, hence is the sign for a rebound in the coming two weeks' time.
