S&P 500: going to breakout into the sky ... long Trump ...long live Trump. Making US great again ...

Ok ...that didn't translate to the new high in our KLCI (trading at PER 21 high level) or most of KLSE stocks. Currently we do see some rebound ...from 1600 level to 1670 plus ...reaching to 1700 ...perhaps 1800 ....no, wait a minute, new high 2000. Yeah ...once banking stocks recover, we would be there, ok?  

How bout broader markets? Will we be seeing a new bull market from here on? Say ...Dayang breakout RM4 ...after all, it came diving from there, ok? Wait a minute, most of KLSE stocks showing such a crash-pattern, yet most out there stuck up there ...not admitting. Tell me base on the chart ...is it uptrend or downtrend?

Definition of uptrend : higher high and high low, breaking into new high. Example : Yinson

There are many things I would want to share ...but I would reserve my energy and thoughts to myself. Let all be in denial stuck up there in FGV or Astro?

Attended a talk today ... and ask a good question : since most property stocks are trading below it's NTA and single PER ...are they deemed to be undervalued? If not, what should we be looking at to value them? For that one question, it is worth for me to travel for the talk since I m free (and no one calling me out for a coffee chat?)

I m in cash position again, sold of IJM, Dayang, Hibiscus ...hmm ...Karex(wasted) ioipg, simeprop ...what else if I could recall? By next week, I can't remember much of my trades, actually.

It is a sell ...so, next week relax week ...again. Do nothing is the best strategy, while wait for pullback in Yinson, BAuto and such.

Hope all well ...tho I know most in forums and out there stuck up there in stocks, being in denial mode. No one could help ...if you are not helping yourself.

Think logically.

Night

TEH