sharon this is my opinion
as we know, the chinese bourse is not market driven presently. its government tried to restrain selling (supply) through trading halts for example and boost buying (demand) through brokers' share purchase scheme for example. analysts (ang moh obviously) feel that this market intervention would not succeed and meet the same fate as what the american and japanese had done previously (history repeat itself).
now why do they want to do so? it is forecasted that her economy would grow by a low 7% this year vis-a-vis its hayday and they felt that they have to be more self reliant (no alternative) and thus concentrate its effort on the consumption driven strategy for its future growth. whether a 7% growth is low or otherwise is a debatable one..aiyah digressed ... back to the subject matter. thus, a badly bruised security market would adversely affect this economic plan which it is pursuing.
so bo pian die die have to do somethings to ensure that the marketplace does down the drain so to speak.
ok background scenario done with now the technical aspect. macam mana ... oopsi ala sikit hal to settle.. will continue later

ehw so long as it does not go far beyond 1717 and stray to 1726 maintian the status quo on plan to buy hg/hk next week. have a good day semua kawan kawan di sini. cheerio

walor please tighten the reins on the bursa's horse ..too fast liao can bo kikiki

good morning kawan kawan
guys...attention tabik tj at ease kikiki
apa nak cakap sudah buat demikian semalam
aiyah us mana kuasa mana pemimpin karang pun mau cast an eye on the chinese for direction of its bourse... dont play play such is the might of the financial muscle of china nowadays ...when china smile our hearts also beat song song.
chinaaaaaaaaa go go go... UP lah of course
saham saham yang traded by kita semua pun go the UP way.
sit tight heng heng trading

robz it is higher low good night

tj last before i go tidur mieco, evergreen and sunsuria semua broke resistance...

point noted robz thanks

hahaha alibaba you betui cutie... tell us lah what is your view... jangan lokek lah share share sikit bolih

oic good night robz

1730 itu we wait and see how... but first watch this bullish reversal piercing candle that 1707 then 1708 to 1717 dulu.

for china50 ada bullish reversal candle then you look at its future also very kuat up by more than 1000 points.. on that basis the odd is it would continue to rise tomorrow ...and it should be you know mata mata also called to investigate possible criminal short trading buat manyak orang takut and this one seemed to work better than the previous initiated actions to halt the slide.. if not mana tau perhaps all the taiko would be roped in to help to trace all those sellers and beat the hell out of them. kikikiki
hang seng ikut abang.
by the way for this china50 which index chart you are using?

robz hahahaha it is a piercing candle and with increasing volume
and since it is first up day i believe of a tr, most probably would surpass 1707 to confirm the continued advance to the range 1708 to 1717. see how lor then whether to take a long position on hg/hk.. more likely shall wait for next week to decide.

tj ar asiaply on a strong uptrend.. broke resistance 66.5/67 today accompanied by increasing volume.. all indicators sui sui..so likely to head towards the psychological number 70, with the first tp at 75 and test its all time peak at 78. obviously, going beyond that, it would go into a frenzy high.
dont want to delve much on its fundamentals, suffice to say it is profitable with a positive cash flow. had been dishing out dividend since 2006. first quarter financial report to be released on the last week of august.
kikiki go go go.

the day's work is done. bye bye

ok mah tj your mieco, thriven and asiaply nice nice

tj they even called the police to investigate hahahaha and it seemed to work if not they might call in the tai ko to do the job of ensuring no sellers.. very interesting ...

tj how is your day?

kikikiki H1 what a roller coaster ting ting round 2

ehw discount/premium i have no clue whatsoever please ask tj our pakar on this. what i do is see for possible reversal at the index then crossed check on the support level of the said counter to take up a long position.

kikiki robz3 but does that reversal applicable in a down trend?

for starter wish bursa closed sui sui at 1701/1703
lunch time... hahahaha enjoy cheerio

ehw hahahaha we now wait yah tomorrow or monday to buy back hg and perhaps hk.... can?

kikiki tj ar yes go go go both C and H sikaran is sui sui char beehoon so semua ought to be happy

ehw also mana pi?

tj mana lu pi lah? you know what china apaitu C and H pun can lah
may god bless semua orang baik di sini
heng heng

robz3 true, if you put it that way..
here the difference is syndicate maneuvering a single stock which is so so much simple and involving a known estimated sum of capital to do so vis a vis shangai the entire market with practical not knowing the right amount of capital required to prop or halt the slide.

hahahah market up market down market sideways itu lah biasa cycle.
then there are three groups at the marketplace .. one is the pessimist every downside would made him jittery and turn everything into doomday .. this group how? want to associate? too stressful to be with..
the other opposite is the optimist for him every dark cloud there is a silver lining.. for him a ripe time for some stock pickings. this group how? good for company always positive always searching for winners here the gains made would be substantial
then the neutral so called the middle path guy. market down and perhaps sideways stay out. market up take a long position. for him there is a time and place for everything. safe and sound play.
whatever it is, dont worry be happy
like greatman wish all the good people here heng heng too

tj your asiaply is on a very strong uptrend but the extremely weak bursa had prevented it from going to fifth gear; so buying in is still tentative. clear 66.5 then look forward to 70. go go go
re penta be wary.. should price fall to 70 the downslide would probably continue to /6864 why? because then 20 and 50 ma failed to hold and sar bola kena hit...outcome a strong sell signal. stop loss 77.5
heng heng trading

addendum preferable china apaitu H
only green in europe, these smart alecks upset!! all red only happy meh knn really.

good morning kawan kawan
cham liao yesterday chinese market opened with a huge gap down followed by a loud thud strongly points to an uncontrollable frenzy selling... the selling is hence anticipated to continue today... so in a sense had conveyed my thoughts to robz3 re the selling mood.
the chinese contagion had even spilled over to the us walor aeh. the supposedly powerful us knees also turned lemah...hopefully, us would realise that it had over reacted to the scenario and take the big drop yesterday as a buying opportunity and bring some semblance of sanity back to marketplace today.
there would always be some smart alecks that would paint a negative view of the positive reconciliation on the greek issue. knn really these people mau cari makan also need to have some moral discipline and obligation mah...why want to put a spanner on the work so to speak and cause a dent in the market...yah hati mau baik!
on the local scene, really dont know what to say. one is pushing bursa down while the other is trying to pull it out of the water. siapa lebih kuat? ..demand(buyer) or supply(seller) is going to rule the day..probably seller jadi raja pagi and then buyer kemudian petang.
best option just watch the wayang and if mati mati mau main because no play heart tak senang then perhaps consider sikit sikit yah tampok cukuplah on the present "ang pie" darling H.
heng heng trading.

huh tj? no wait to see 26.5 first okie dokie good luck

dont give up germany, tetap lawan lah

knn us future really lau sai not helping the german's fight leh

tj the chinese government really tried but alas could not stop the on slaught bo pian they had done their best but now good to take up short position

tj good see my writeup on C2 22 sen

tj just a suggestion if break 26.5 then short and buy back at 22 please consider ada masa to think about it when the time comes

tj arrrrrrrrr please see 26.5 critical level

itu kena limit down always win

may german guy help to take the lead in the recovery later on its opening go go go

heng ar ada sikit recovery now hope itu bottom is done with ask for divine help again god bless all of us ong mali

tj good luck yah go go go

greatman, its been a long time since you last dropped by
lu ho bo..yeah tai ke huat huat

hi yongyou
and the us also gets into the act and requested for compromises to settle the greek issue for obvious reason...this dampening effect on the bourses worldwide including dow cannot allow to be prolonged for the good of everyone.

good morning kawan kawan
of late so much had taken place in the bourses, globally and domestically and now beg the question of what would be the normal people's response/reaction to current developments.
your guess would be just as good as anybody (pakar kah orang awan kah not going to make any difference)
locally it is 1mdb..
globally it is greece and china...
of the above three, a clearer picture on greece is emerging ..germany/france the main players showed signs of being more amendable to helping out greece, eu to meet this sat/sun to resolve the issue meanwhile keeping banks in greece to stay afloat until sunday, greece had toned down on its earlier hardline stand on accepting eu conditions.
can ask for divine help bo.. may god bless us all.
heng heng trading

hahaha sui sui liao more and more chinese companies announcing trade suspension to prevent prices from further sliding; very panlai and desperate way.

by the way, i think it would be taking another 7 to 10 days(agak agak) to see how ie if it would be going up to the next box (162 to 177)

fundmentals, tomypak current price is fair. whilst operating performance is so so, it has a prudent borrowing policy and manages reasonably well in fulfilling its cash obligation.
do have an upside potentials to return to its recent high of 1.89.
first quarter was real good (profit more than half of its total achived for the whole of last financial year) and second quarter results to be released in the month of august. has been giving dividends without fail for the past 9 / 10 years. appeared to have a policy of giving dividend on a quarterly basis. should dapat your dividend this week.
technically, long term it is on an uptrend with a trading range of 152 (support) to 189(resistance). presently, it is on a down leg and broke down the support (20 and 50 ma) with a gap down yesterday today ended with a doji it had retraced to 78.6% fibo pretty steep (swing high at 180 and swing low at 156) and look like going into consolidation ie sideway trading biased more towards the downside at 161 to 156. yup good support there at 156 (this support level should hold since it is on the uptrend) next support at 154/152. volume was thin today too suggesting people are holding to the share rather than selling it. why more on the down slant? becos indicators like macd are on the sell mode. now if the price starts to trend up above 161 then we are going to see another trading range at 162(support) to 177 (resistance) with selling pressure at 165.
ehw, hope above help

kikiki okie dokie pang kang wish dow pusing kaw kaw jua.
rob you know what , you read those that tj shout out here believe me you he is cun.. cun cun char bee hoon one.
good day.

dear rob i take that as a compliment thank you
sorry i do not have a live chart..
i read chart based on certain ways and i stick to the one that works well MOST of the time. in other words, there are many occasions where things just fall flat on my face.
now we know that the chinese government is trying every possible means to influence the supply and demand in the market place so that makes chart reading a bit complicating and unreal.
i know apaitu is a hot topic that is of much interests at the moment. perhaps we could talk 3 talk 4 on issues other than apaitu.

tj, 38 is its all time low as you may know and that acts as a support level really wish things would turn good good too