My Trading Adventure
KLCI bearish and broken support
CP TEH
Publish date: Thu, 21 Jun 2018, 10:16 PM
CP TEH
0 2,918
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 bearish ... warned when hit 200MA resistance ... last week told all SELL ... then, e-meeting last night to tell all not to average down.
Guess what?
Retailers have been net-buyers since after GE14 ... today : foreign funds net-seller again ... and RETAILERS are the MAIN buyers. Haha
We are so immune and wanting to believe every DIP IS A BUY.
Haha ... allow me to laugh. haha.
Think of risk of getting stuck, ya.
No e-meeting tonight as I m in Penang. Too tired.
Ok ... may the force be with you if you are stuck inside and up there.
Night.
TEH
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Discussions
Be the first to like this. Showing 25 of 25 comments
When retailers make money, our mr teh is jealous and want the market comes down. Guess what. I am not even sure mr teh here is serious about making money from the stock market. Maybe mr teh is somebody who failed hard at life being a lousy lecturer who gets all the pleasure laughing at peoples demise
2018-06-21 23:19
I am smiling too. My holding is less than 10%. Drop lah, drop lah....haha
2018-06-21 23:29
Save Malaysia from PH and LGE. The country become a laughing stock of the world. This is what happens when our new PH government continues with politicking and political attacks with their populist policies, political statements as well as lying about our national debt.
They politicking to continue attacking Najib/BN and we are the ones suffering.
It has come to a stage that whenever our PM, Finance Minister and our Economic Minister opens their mouth, our financial markets fall and people lose money.
And they have not stopped. Our new Economics Minister Azmin Ali just told the UK’s financial times that Malaysia is a bankrupt country!
Yes, our minister officially in charge of our economy just told one of the most reputable financial media in the world that his country is bankrupt.
Which foreigner in their right minds would still want to keep their money here in Malaysia or put in money here?
2018-06-22 00:27
izoklse thats the only way they can save themselves from fulfilling their ge14 manifesto. previous government made unpopular decision making but it was right for the economy and the markets.
2018-06-22 00:55
Agree Shahrizal. Anwar is correct. LGE should listen to Anwar. The best thing is to appoint a right people to do the job. PH should get out of the opposition mentality and start govern the country wisely and carefully.
2018-06-22 01:07
if anybody not holding or buying any share right now, at this current scenario..definitely not an investor. So stupid, price olready cheap-cheap still not buying? this guy either no money to buy or no telor to join the foray..
2018-06-22 01:35
Retailer must know what they buying into, so do local fund. I believes PH for BETTER tmr of MALAYSIA. I felt no worry at all, lucky PH won. From thr i SEE future of my kidS. Kinda stay away from local contruction and BN shares now and more toward consumer stocks for futures gain. Good luck all.
2018-06-22 04:59
I don't think buyers going to dive in today considering what can happen tonight n Monday in wall street will be another bloody sessions have fun
2018-06-22 07:36
http://klse.i3investor.com/blogs/koonyewyinblog/162077.jsp
CpTeh should read the above. I suspect he is suffering from depression.
When people made money for the past few years he was living in hatred n jealousy.
Now his long anticipated (since 2014) mkt correction finally comes buy still he has earned nothing.
Anyway he can now laugh on you coz he earned nothing n lose nothing coz he do nothing.
2018-06-22 08:22
Author: CP TEH | Publish date: Fri, 5 Jan 2018, 07:37 AM | >> Read article in Blog website
FKLI : Shorted too early and in huge paper-loss. Covered some shorts, taking bitter pills (hedged against my huge positions in equities). Will short more as it moves higher
U short when it never hit 200 SMA in Jan but u never short when it hit 200 SMA few days ago?
Instead u called for e-meeting again and talk abt mkt crash??
OMG....
2018-06-22 08:34
Jobless guy sure have depression la. Somemore keep losing money gambling in the market
2018-06-22 10:02
OK, KLCI broke support , so ? where is the money in it ? should experienced hands have to run for cover, in fear of losing ? those who punt on TM already made today...
2018-06-22 20:33
our country has lossed 10 billion within two wks times n become laughing country fr d world...so embarass to go travelling nw...nw ppl tal n smear msia....
2018-06-22 21:02
BNM loss 2.4 billion with in two wks aft new goven..epf lossed 6 billion on may...
2018-06-22 21:03
nw whenever ppl talk in investment forum n seminar...they keep using tis as a joke to say msia is d brst plc to do gd investment..coz tjr r billion for us to take only
2018-06-22 21:05
This izoklse is BN supporter and attacked PH before Ge14.Now he shud be selling burger by the roadside.
2018-06-22 21:18
EPF investment board consists of well qualified n experienced hands,and the current stock market turbulence is only short-term, and will recover in time.
let's not be unduly worried, our savings are managed well, in diversified portfolios by professionals.
for info, in 2017, total EPF investment assets : rm791 billion n ROI was 7.3%.the assets are allocated as follows:
fixed income instruments 51%
Equity /Shares 36%
Money market 10%
Real estates & 3%
Infrastructures
each year, rm65 billions flow into EPF from contributions.
EPF is strong enough to withstand the temporary Rm6 billion paper loss
http://www.kwsp.gov.my/portal/en/web/kwsp/about-epf/annual-report/laporan-tahunan-2017
2018-06-22 21:27
"previous government made unpopular decision making but it was right for the economy and the markets."
1MDB right for the economy ??? Why we need 1MDB ? Why we need to shift the $$$ into tax havens ? Tax havens are for money laundering.
2018-06-22 22:58
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Flintstones
Haha? It seems CP Teh forgot he is one of the retailers playing in the market. Why laugh at your own kind mr teh?
2018-06-21 23:16