My Trading Adventure

SELLDOWN : Buy opportunities

CP TEH
Publish date: Mon, 10 Aug 2015, 01:25 PM
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.

KLCI minus 30 today ... broken 1670 support ... hit 1650 support.

It closed for lunch at 1652.76 level now.

66 up vs 878 down.

1 USD = MYR 3.92

Crude oil below USD45

What else?

Buying good stocks? Index-linked stocks?



Some of my counters stuck now ... some I have cut-loss earlier as it broken the support.

MALAKOFF at 1.44

Armada at RM1.01

PChem back to RM6

Karex at RM3.25

And many more to write here ... go for lunch first.

Note : I do see the selldown as opportunity to buy GOOD stocks. trade at your own risk

TEH
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Discussions
1 person likes this. Showing 6 of 6 comments

3311

I believe bear market is coming due to political uncertainty that affect our currency and share market.Very bad ,some stocks take 1 years to go up but wipe out just in one day due to panic selling.

2015-08-10 16:19

r°Moi

.


The end is NIGH!!!

The end is NIGH!!!

The end is NIGH!!!

.

2015-08-11 12:55

winston1

Double whammy for our country with bad external and internal news. Better sell all and keep cash until sentiment recovers

2015-08-11 13:11

johnny cash

it s not a global probelm, but just a domestic one...

2015-08-11 13:35

johnny cash

JIBBY should step down, already loosing his respect from the public...country becoming a laughing subject by foreigners

2015-08-11 13:37

Ahbeng Beng

When sentiment recovered, stocks will not be cheap.

2015-08-11 14:27

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