Posted by phang_ck > 2012-05-18 14:14 | Report Abuse

Anyone expect turn around at the end of the day?

Posted by Allan Somehow > 2012-05-18 14:17 | Report Abuse

Ppl selling for profit taking or else?

Posted by horizon > 2012-05-18 14:23 | Report Abuse

Nikkei down 3.09%. Topix down 3.08%. Hang Seng down 2.92%. Kospi down 3.40%. ASX down 2.83%.

Why does the sun go on shining
Why does the sea rush to shore
Don't they know it's the end of the world

Sorry, a bit mellow.

Sigh...

Posted by ST > 2012-05-18 14:31 | Report Abuse

TP 2.20 by CIMB

Posted by horizon > 2012-05-18 14:52 | Report Abuse

CIMB trying to push the price down. Notice that the TP is at PE of 6x only. Which is low.

Posted by yanerfei > 2012-05-18 14:55 | Report Abuse

1.5 will break soon as i'm expected

Posted by rookiemy > 2012-05-18 14:56 | Report Abuse

if break below 1.49, more downside expected.

Posted by usry > 2012-05-18 15:06 | Report Abuse

run first..than think the possible action next week.. (safe 1/2 of my profit first)

Posted by rookiemy > 2012-05-18 15:10 | Report Abuse

short term traders who bought in @1.51 will get trapped.

Posted by Jjtrader > 2012-05-18 15:11 | Report Abuse

Those cowboys sell like no tmr, prepare to cut loss.

Posted by rookiemy > 2012-05-18 15:13 | Report Abuse

I think they are waiting to collect

Posted by snsee > 2012-05-18 15:15 | Report Abuse

Hi Lamken, any fresh lead?
Thanks

Posted by thunder_storm > 2012-05-18 15:15 | Report Abuse

JCY = Jangan Cuba Ya

Posted by usry > 2012-05-18 15:17 | Report Abuse

thunder_storm: nice to try.. but need to xtra carefull.. most adventure..!!

Posted by taxi > 2012-05-18 15:17 | Report Abuse

yup...rookiemy
they are waiting to collect.

Posted by thunder_storm > 2012-05-18 15:19 | Report Abuse

If each of us collect now, sure will push it up :)

Posted by taxi > 2012-05-18 15:19 | Report Abuse

push down price fm morning...they wan free lunch ??

Posted by rookiemy > 2012-05-18 15:19 | Report Abuse

if there is any chance if it testing its uptrend line again, it will be a good buy in opportunity - Buy Low Sell HIgh principle

Posted by gohshiau > 2012-05-18 15:20 | Report Abuse

must go home and watch "The Day After Tomorrow"....!

Posted by gordan85 > 2012-05-18 15:20 | Report Abuse

goreng me or mee goreng? hoho

Posted by taxi > 2012-05-18 15:22 | Report Abuse

I hv sailang early...
no more $$ to collect.

Posted by usry > 2012-05-18 15:22 | Report Abuse

strong support RM1.47.. JJtrader & Rookimey..it i'm alright..?

Posted by thunder_storm > 2012-05-18 15:22 | Report Abuse

love the movie, the day after tomorrow. But now the live movie is: "The falling Knife of Today"

Posted by thunder_storm > 2012-05-18 15:23 | Report Abuse

Usry, dun trust support now. Supports easily broke in bearish market

Posted by usry > 2012-05-18 15:25 | Report Abuse

Thunder_storm: thanks for comment.. sold 1/2 of minie.. if RM1.47 is broken,than .....

Posted by taxi > 2012-05-18 15:25 | Report Abuse

who gave them the ticket ady ?

Posted by rookiemy > 2012-05-18 15:25 | Report Abuse

after the 1st qtr report announcement, the stock sold down and tested its uptrend line around 20/32012, rebounded and then tested the uptrend line again on 28/32012, from there it rallied to its most recent high.

Posted by rookiemy > 2012-05-18 15:30 | Report Abuse

usry: 1.47 next support. but @ this price the stock is trading below the short term moving average on the 60 minutes chart. unless it pulls a quick recovery above the short term ma, the short term ma will act as resistance each time the price rebound to hit the ma.

Posted by Jjtrader > 2012-05-18 15:30 | Report Abuse

Sometime need to lost a battle to win the war.

Posted by thunder_storm > 2012-05-18 15:32 | Report Abuse

then let's fight for blood for the victory. but unfortunately, i am out already. Let me know if you need a little support to push :)

Posted by alntm > 2012-05-18 15:36 | Report Abuse

just as bull markets there is pullbacks, bear markets will have their pullbacks.. use time to get your trading plans ready folks...

Posted by rookiemy > 2012-05-18 15:38 | Report Abuse

My personal view, normally when i got a chance to enter on 15/5/2012 @ my price target of 1.36 for a quick trade, i will exit the next day or two when the price rebound.

Posted by nubhan > 2012-05-18 15:48 | Report Abuse

resistant ? support ?

resistant and support are made to be broken. :)

Posted by usry > 2012-05-18 15:55 | Report Abuse

look like RM1.47 will broken.. sell 1/4 more.. just hold 1/4.. ( for next week)..good luck my frens..

Posted by thunder_storm > 2012-05-18 15:58 | Report Abuse

those still hold share in market and no bullet on hand, close your monitor and go to sleep until you heard around about rebounding
those still intend to invest, close your monitor and go to sleep until you heard around about rebounding

Posted by usry > 2012-05-18 16:02 | Report Abuse

thunder_storm: good idea.. today is friday.. Now i can sleep well and wait for next Monday to see more nice movie on KLSE..

Posted by Jjtrader > 2012-05-18 16:04 | Report Abuse

fight till the end, dun care.

Posted by usry > 2012-05-18 16:05 | Report Abuse

RM1.47..is coming.. than RM1.46 waiting...
congratulation for those who sell this morning...

Posted by usry > 2012-05-18 16:06 | Report Abuse

Jjtrader: don't fight with shark..we will loose & injured..

Posted by Jjtrader > 2012-05-18 16:06 | Report Abuse

History repeat again, Same thing happen during Q1. Sigh !

Posted by usry > 2012-05-18 16:13 | Report Abuse

We are ikan bilis.. they are shark.. they determine the price they want..

Posted by LittleY > 2012-05-18 16:17 | Report Abuse

I am thinking, of more than 20 millions of shares traded right now, assuming no one is playing both as buyer and seller, then who are the buyers and sellers.

The defender defended at +/- 1.50, seller dump the shares.

I did a sum, the shares traded from 1.47 to 1.51 as of 4:12pm were more than 14 million.

Who the hell you think can absorb that many shares?

I assume The cowboys and panic sellers + profit takers = the sellers.

Then who is/are the big guy defending and buying all the shares?

But, "Who" might not be important, "Why" is important. Share your mind.

I can not think

Posted by rookiemy > 2012-05-18 16:17 | Report Abuse

no doubt there are sharks out there. but they have to play along with the tide(trend) as well. if we ikan bilis can learn to swim with the tide, we should be safe.

Posted by rookiemy > 2012-05-18 16:21 | Report Abuse

LittleY: where u get the 14m from?

Posted by alntm > 2012-05-18 16:21 | Report Abuse

sounds like everyone singing blue moon already...where is aguero? trade as per your plans...

Posted by usry > 2012-05-18 16:22 | Report Abuse

Little Y: i also confuse..by the way i just hold few for next week.. Big guy or smart guy or Mr nice guy can't do anything if the market situation is no good..

Posted by rookiemy > 2012-05-18 16:25 | Report Abuse

if you expect the price to go all the way up, then you will be dissapointed. but if you expect the profit taking to take place today, then it is all opportunty.

Posted by LittleY > 2012-05-18 16:30 | Report Abuse

rookiemy: check from online trading software, using "tracker" function

I don't have much interest on this counter, but when we trade, we do feel that we need to learn how the sharks operate, then the next time we face the same situation again, this lesson might benefit us.

Posted by phang_ck > 2012-05-18 16:33 | Report Abuse

Will there be news after trading today just like yesterday? That's would be interesting.....

Posted by thunder_storm > 2012-05-18 16:34 | Report Abuse

buy this why not buy padini instead? hahahaha