Sunday, 2 February 2014

Time To Reduce Position - 2 More Turned Bearish

Composite Index (KLCI) = Bearish ( Turned Bearish This Week ) 
1. Construction Index = Bearish 
2. Consumer Index = Bearish 
3. Finance Index = Bearish
4. Industrial Index = Bearish
5. Industrial Products Index = Bearish ( Finally Turned Bearish This Week ) 
6. Plantation Index = Bearish 
7. Property Index = Bearish
8. Technology Index = Bullsih
9. Trading And Services Index = Bullish ( All Time High ) 

Kuala Lumpur Composite Index and Industrial Products Index finally turned Bearish this week making 8 out of 10 indexes are in Bearish Mode. I will dispose some of my shares from now to reduce my holding of share to less than 30% of my total share investment. It looks like bumpy road ahead of us.

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html 

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