meanwhile look at the markers 1602, 1594 and 1582 as well as the banking sector performance...as bursa is on a meandering course this downleg

good morning kawan kawan
bro ehw it is with great pride that we announced the bestowal of the first class bullish engulfing candle bintang to your tomy(pak) on his mountain climbing exercise...tomy is now ready and prepared to scale and conquer peak 182, 186 and with our encouragement and strong support go beyond 189 to 200...we are betting 174 he would go the full distance kali ini...go tomy go go go
bursa oh bursa what is it going to be would you be induced to stand up and fight to go back up from 1590 to 1600-1622 or you rather get up only after it hit 1560 floor to 1600-1622
so if dows positive close is the overiding factor then the former would be the case, it is the latter on technical indicators
heng heng trading

hello drg80 a warm welcome
if you believe in numerology then you ought to take out the zero (0) you know what i mean telor after huat abaikan if you are not pantang
once again a pleasure to see you here

hi and morning 1915 ada apa cerita to relate hari ini bo?

broke down the minor support at 1602 and 1594 now it is at minor 1582 and i think this downleg is most probably an up-down-up situation...
alright that is it for the day update
cheerio

good morning kawan kawan
taiko tj just a single happy greeting again
bro greatman just a friendly reminder again
what would this downleg going to be like? is it going to be similar to the just concluded upleg proceeding in one direction with hardly any pullback? support should be seen at 1600 and then 1560... so we see how then ...whether the index is going straight down to these levels or meandering down to these said levels.
any day of coffee shop talk unless you are into puts/calls or short
heng heng trading

the upleg has peaked at 1660, a 63% fibo extension and we should see the commencement of the downleg henceforth
wishing all good health too

good morning kawan kawan
this upleg move is nearing its end.. it last retraced from the resistance 1623... now we would not know if it would trade sideways or straight down thereafter...although the shooting star is a weak reversal pattern, the index should be down however following the trade cycle, the extent of which depends on the global equities environment
so suggestion is to take profit here, if there is any and wait for the next upleg after this fall. sit tight and count your cash to get over this dull passive non participating time.

good morning inwest
master tj on long leave bulter scjm also on on vacation
take care semua kawan kawan
adios and vaya con dios

i tell you... our taiko tj better not pakai one liner at least not tonight can cerita sikit panjang punya story for resistance breakout at page 890 ...ok bo taiko tj...

happy to see our miner friend finally dancing away yes enjoy please semua enjoy lah now we want to also break 890, the resistance page all come create huge volume one in order to do so MerDeKa MerDeKa MerDeKa

you see all green green except mining sector aiya duit if you could not then nobody in this world bolih...
the feeling is mutual hahaha apa lah pagi pagi you rub my shoulders i rub yours pulak kikiki
never the mind you happy i happy everyone happy
national day mah
cheerio
have a good day

hahaha so you no like bottom up...as for me top down ka bottom up ka hamil up and down also ok so long as we song song and all shiok shiok talking until saliva also dribbling down my lips

i ala sikit tai chi need your help k bo you see our miner friend still segan no wan join us yet you can pujuk dia bo if not national day celebration is not complete thanking you in anticipation gua tahu lu bolih punya

i say my dear duit gooooooooooood morning whats up? hamil ala sui sui tot lu busy in sing directing the election campaign..apa slogan lu pilih..

howdy bro ehw hahaha gua sekarang berdiri for our national anthem negaraku...tanah tumpahnya darahku........MALAYSIAaaaaaaaaaaaaaaaa

aiya ya noticed our miners friend sitting tight and quietly at the corner dont be shy lai join everyone happy happy lai lai (waving and jumping up and down to entice them to come over)

ehw hamil bo lat it is like in a shopping mall and many outlets within and the mall is full of PEOPLE moving around looking for things to buy for the national day celebration...naturally some outlets got big crowd, some so so and some sikit sikt (ada patronage nonetheless)...so happy so joyous so jubilant...the celebration continues...
good for malaysia MerDeKa MerDeka MerDeka
you go girl hahaha hihihi kikiki

thank you mr plantation comrade, cheers

hello mr plantation comrade just throw down the gauntlet for once for our national day celebration...k

bursa malaysia forget about those negative thought that is whirling around, we chaya lu we support lu we thank you so so so much for putting up the good fight you deserve our praise and admiration, as it should be
have a good day guy

good morning kawan kawan
taiko dows now you are talking, er ko china shanghai dont be a let down show your oomph come on we are counting on you today we believe in you... jia you
once again have to extend a BIG terima kasih to our beloved local institutions kita chaya sama lu keep up the good work, the banking fraternity and telco guys for putting your shoulders behind the wheels now wish the plantation and O&G comrades could also join hands in our national day celebration ...all happy happy in this joyous occasion...a toast to all of you and us MerDeKa MerDeka MerDeKa
may the feel good mood continues to a frenzy high...we want 1600's we want 1600's we wanttttttt 1600's go go go
heng heng trading

its 1594 next before the magical 1600 ...then 1623-1629 also bolih malaysia bolih...yakin... terima kasih

just my viewpoint on trading of puts and calls.. it depends much on the stage of the ci is into... at the beginning stage of the run in (either up or down) it is the issuing house that is calling the shot so there would not be much movement..the guideline of the number of points equate the number of sen does not work then come the second stage when more traders step in building up the volume along the way then puts and calls begin to trade like equities where the support and resistance becomes more applicable.
so for now, nothing much is expected it kind of just hanging there going neither here nor there so for CR for example the support is at 6 and the resistance is at 7 so if ci hits 1580 and starts climbing then breaking that 7 could mean a retest at 10 sen (profit taking at 8.5/9) then 11.5 then if crazy 13.. stop loss at 5.

ehw bro, lu cakap macam bo lat this morning... i am waiting for 1580 then it would be happy hours MerDeKa...come on bursa we could make it on our own just need to run in accordance to our trading cycle... those bloody foreigners, the majority is exiting in any case so they should be watching their backs not us at bursa... we are the world we are the people so lets make it a happy national day for all malaysians... happy birthday MerDeKa...huat ar

a lunatic on the loose again...he was alright a short while ago...forgotten to take his medicines kut...henceforth would make sure he takes his pills on time...gossip sikit...tell you all a secret once he told me he got millions of dollar stuffed in his pocket and he would burn some whenever he is in the mood i said woah so rich showed me the money...true enough when he pulled out just two pieces of the notes...yes you are right it was in million denomination each... psst dun tell him that if not the pills he took would not work...
so bo pian in this case we have to be understanding and bear with his abnormal behaviour

wat has happened? a pin dropped could be clearly heard...

want to convey a very special thank you to our local institutions, the banking sector, telco guys and everyone for keeping our klci flag flying up...MerDeKa! MerDeka! MerDeka!

in any case we are going to brace the harsh weather ahead soon, so give us a few days more of joy please (trying to bargain with god) thank you wish one and all GOOD LUCK, we are going to need it
peace

good morning kawan kawan
taiko dows did not want to pick up the cauldron finding it too hot to handle and has passed the job over to er ko china shanghai to do.
so how? would he......? what we know is -- he has plans in place to revive the fire within their bellies to fight and hopefully turn up a winner in a most volatile and hostile situation (and the bloody ang mo instead of helping the cause , tokkok with disparaging remarks betui betui knn) er ko we are relying on you now... god bless you
so inadvertently this has placed bursa malaysia in a spot as to what it ought to do...gua pun blur blur and only hope, as we all do that the preparations for national day celebration stayed on course and not spoilt by this...god also bless bursa malaysia
we also got blessings from god

i say general rchi heloo there...GU LAI LIAO THEN HOSAI LIAO... then tomolo two for you and one for me k bo

i also happy for you duit...hari ini gua hanya dapat telor to makan
so sad

so happy for you ehw bro but please do not overlook the intermediate term which is bearish with the predicted bottom at the region 1506 then thereafter we would have to see the prevailing condition if a trend reversal would occur or the slide continues ...now we really hope bursa is on the beginning of the short term bull (mild) run that we all yearn for.
good luck ehw on your Cs.

ehw which C you beli can disclose bo

so to recap the levels that bursa would be chipping away are 1530-1535, 1547, 1567-1571 then 1594

greatman baru pagi pagi put up a no entry tiang... so now bursa is going to revisit all the previous support levels now resistance...you are exciteable one so kan cheong kikiki... we have time bro...hoot at the second stage is safer...so we ikut taiko new york and er ko shangai

morning 1915 it is still early days to say, but good that bursa is climbing back up tentatively so if shanghai starts its upturn then cantik...it would not be a surprise to see 1567 going up to the meaty 1594...may god bless usa

connie, may the force be with us...life would be dull without bursa entertainment...usa got to be gracious to lead the world market out of this rout beginning tonight then chinese pension funds would proceed with their equities purchases , a development that would have a positive snowballing impact on bursa and then a few days of rejoice to celebrate national day. then after that, it would be another day another story.

i am with you connie, sayang ... may 1506 douse bursa ring of fire.

good morning kawan kawan
lets hope the new york dow and china shanghai would stop the challenge to the race to first reach the bottomless pit... us, being the taiko and the no 1 economy in the world must be gracious enough to take the lead to calm the nerve that is now tormenting the markets across the globe...
want to make a wish, i wish it happened tonight then that would encourage the pension funds to nibble away at the chinese market which her people are clamouring for...and that development would have a positive snowballing effect on our bursa coming just in good time for us to at least for a few days to rejoice in celebration of our national day.
today a no entry sign had been erected at the entrance to the marketplace...so if masuk lu langgar the laws outright lu kena fine kaw kaw so no play play
inwest will do...much appreciated
have a good day

1530-1535 support level to be followed by the next strong horizontal 1526 support standing the way confirmation of continued slide is the BB lower band breakout at 1500... the 1493 support is a weakling so any rebound has to come from 1530's level or 1526...henceforth the best course of action is to keep your fingers tied and bandaged as all indicators are negative so dont play play we just sit tight and watch the show with no drinks and pop corn because our fingers semua kena ikat ketat.
good night.

this bursa could be turning into a green eyed monster... below is for your perusal
... after 1530-1535, the next strong horizontal support standing the way of the downfall is 1526 and confirmation of its continued slide is the BB lower band breakout at 1500...the support thereafter at 1493 for instance is a weakling...
lets look at the daily chart 1. the candlestick, it is a big bearish one 2. though on oversold area the rsi continues to nosedive, 3. macd curving down with the histogram turned red after three green days, 4.money is flowing out as per obv and 5. the most scary part is the adx it is sloping upwards to close at 43.9 and 6. today's volume said it all
dont want to sound like an alarmist
but please please please be extremely cautious watch these levels and the price movements please
wishing all the very best

happy to see you catch and win HiV big time... huat arrrrrrrrrrrr

re coastal there would be a reaction at this huge rectangle between 148 and 218...i see it as being at C correction with a five wave structure and is now on wave 4... so the intermediate term is still on the downtrend but the short term it should be up with strong support at 1.77 / 161 and resistance at 1.92. daily chart showed a reversal at 161 (doji) whilst weekly chart an inverted hammer where breaking the 192 would see an upwards move... so nothing is decisive yet at this stage... heng heng trading

resistance is at 77.5 then 82...so die die also must be cautious

ehw wish you well... marilah C, mariiii lahhhhh C

yongyou belum just watching that marker 1530-1535 and the support prices of both these warrants...we got time

whilst the candle sticks suggest a possible reversal, all the other indications do not show that this possibility is about to happen...so greatman we have to be patient and just wait for it to come... the lower it goes down the better it is as the uptick would be meatier...

am anticipating the rout to stop at 1530 to 1535...peace to all...
cheerio
heng heng trading

in the meanwhile please note much precautionary trading advices on H had been issued by bursa
C3 strong support at 4.5 sen and 6 sen for CR