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Wednesday, September 2, 2009

Major correction around corner ?

How to identify if there is a major correction around the corner ? On analysis part, most down turn occur preceded with unusual high volumn. On that note, current volumn is relatively low. Having say that, there is no doubt some counter had in fact trend down even before the KLSE. As such, need to monitor and evaluate overall piture before get trap in a bear downturn.