I not expert in TA.. Pls confirm with bro bulltraders or our bro minitraders. From my view look like it start of down trend after it fsil to maintain at 94 level..
Alam is good fundamental company but the market sentiments not at it side. After reach 97 level last few week it fall slowly although they announce the contract winners..
Yup..agree with u.. Although they announce that they wina 182million of contract-the price unable to sustain.. From that condition look like something was happend: It a consolidation period is start or Big boy try to pulldown the price to chase people like me b4 they put it back at the right price. ( 4 Alam announce win a contract it price goes until 97 level but when they anounce..the price hoover around 91-93 level although matket in good mode) How ever yhis only my questionare.
No volume..how to up.. Volume come ust for sell not for buy. so confirm novis downtrend mode for Alam.however i not expert in TA.. Bro minitraders..pls give ur confirmation..
Usually i don't like to play contra but at this moment until GE 13 finish i will do that if i have a chance coz i worry to keep it too long- worry it down unlimit when Najib announce parliment desolves.. May be after GE 13 than i keep the share in my list for medium and long term.
The investment strategy is to buy on weakness. We don't know how low a stock price can dip but bottom fishing and bargain hunting is the strategy. Don't rush into buying. We have lots of time now and until polling day. Mind u, big boys will be accumulating blue chips again when prices start falling.Who knows, mkt will fly again after GE.
2013 is the year of Oil & Gas, Property and MAMEEEEEE. Those who bought on 91.5 sen (via CIMB Investment banks attracts net 0.42% charges after Buy/Sell) still benefit for 0.1% profit selling at 92.0 sen (or 0.65% profit at 92.5sen). For other leveraged contra player (around 2%-3% after Buy/Sell) the story is totally different.
If your daddy and mummy (MAMEEEEEE) is good and kind to lend you money to use primary principal account (non-leverage-type) you can earn more and play safe. No contra.
2013 is the year of Oil and Gas? (Correction: Should be YEAR of MAMEEEEEEEEEEEEE......
S&P 500's companies are eating MAMEE and close at new high. May break 1600 in 1 week time. KLCI will also eating MAMEE and shall rebreak 1700 in few days. See you KLCI at 1800. BN Must win to close at 2000.
Base on the bet on OnG, this will be cleaner bet because there are 3 contract in the bag already and the last is a 182 Million contract for 3 years. Not to mention, the price ratio is also attractive.
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....
usry
1,202 posts
Posted by usry > 2013-03-28 06:07 | Report Abuse
Djia not pererform well last nite.. Our klse also at higher level already.. A risk is there..