Posted by Ooi Teik Bee > 2012-07-26 23:54 | Report Abuse

For FBMKLCI, the support is 1,610 and follow by 1,595. I hope 1,595 is not broken and the uptrend is still intact.

Please note that FBMKLCI breaks new high, it means it is very bullish. Index goes up tend to go higher because there is no more resistance there.

I view this correction as a good opportunity to buy some stocks that I missed. Please note that we are buying the stock not the index.

I will be less optimistic if FBMKLCI drops below 1,595.

Thank you.

Ooi

Posted by Jolly Mypet > 2012-07-27 00:00 | Report Abuse

most stocks i mean most are already toppish.Risk ratio too high !

Posted by bbhor2009 > 2012-07-27 00:34 | Report Abuse

Yup. Risk is high but still need to eat and make money....Happy trading :)

Posted by Ooi Teik Bee > 2012-07-27 13:00 |

Post removed.Why?

Posted by Jolly Mypet > 2012-07-27 13:41 | Report Abuse

what goes up must come down and i readily agree with you.The index
is on a correction mode esp. today will drop till 1611 pt. just my 2 cents.