My Trading Adventure

Should we short the FKLI?

CP TEH
Publish date: Fri, 19 Apr 2013, 06:41 AM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Following Message



Good morning ... DOW down 80 points, at support 14,500 levels. KLCI at resistance and pending to correct. I m still waiting for a sharp dive ... ahead of election. Will it even dive?



I will not be buying into stocks as it is at high risk level. So, I m staying sideway again.

TEH
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Discussions
Be the first to like this. Showing 4 of 4 comments

lotsofmoney

I think you are more agressive than me.

2013-04-19 10:23

AlbertLim

you see this phrase from Mr Teh... I will not be buying into stocks as it is at high level. So I am staying sideway again

later few days time, he will come out & say we the tratles discuss about ABC stock how the election fear come into play we bought & sold for good profit... bla bla bla

a real con man at work !! Please beware readers of this Mr Teh tricks... Join his group & get burn will you...

2013-04-19 12:55

lotsofmoney

Everybody should have their own judgement and don't just blindly follow what other people say. If you are in doubt, I would advise just hold your fire. You may miss a good opportunity but at least you would not get burnt.

2013-04-19 13:07

benhctan

KLCI is a two way traffic.If you short the market,a stop buy limit has to be executed at the same time for your insurance.

Post election result will be higly volatile.

Currently the index is hoovering above the hangman candlestick dated 3rd April which has a trading range of 70 point crash.This is a warning sign of big gap down.

The Dow is also feeling exhausted and a catch up game is also imminent.

This counter BAT is always used to window dress index at 4:45pm pre market close.

2013-04-19 21:43

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