Tuesday, May 4, 2010

Industrial sector is bearish now

Sometime you can not just looking at FBMKLCI alone to determine whether the market is bullish or bearish. I discovered that the Industrial sector had already fell into correction stage. Other sectors like Technology, Construction. and Property are likely to follow soon. The main players in the industial sector are Rubber Gloove, Steel, Packing, Cement and many others. So.....what should you do? Our believe still the same, "Cut loss early and let the profit run". Please refer to the chart below: