Here’s a pretty good construction of the KLSE story from late last year to next year which describes which counters are behaving the way they do and why. It’s interesting reading and provides simple themes to grasp. But be careful because (altogether now) “we are not economists but traders!”. That means that the ultimate source must always be the market. So don’t forget to check that prices are behaving in the way that is consistent with the story. Let the market do the talking. As soon what is being said is being said in this piece is not being confirmed by the prices, you must let the idea go and search for a new one, because the market is a very demanding mistress.
Happy trading!
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