How you know it will drop below 1.72 ? Sometimes I really surprise those that can read the market and price. I have been in us market for 22 years and never see this, lately I join klci and found malaysian is capable of doing it
Momobear, honestly speaking, no one can predict the share price. I saying 1.72 just from my gut feel. If I really know it will drop below 1.72, then why the hell I bought it at 1.80 at first right?
When the price drop alot under heavy selling it will once re-bound but i guess quite slim to go north because KLCI also under heavy selling pressure today.
Why panic? Todays Market bleeding is not the first time happen, after heavy rain, there will always be sunny day. And totally no effect on Long Term Investor. Patients.... =)
Agrees with zking n tis reminded mny us when dato Najib ,dec 012,made a hint that Ge in erly .jnary 013.Then markets reacted on its very wrong foot busrsa dropped >3%.Bursa then recoved ,a few days after when a formal denial done by prime minister office.. Similarly ,when S&P dgrded us debt to negative ,DJones,sp,nasdag s dropped like a falling rock but market quickly recovers as us earnings pictures anf microearnings improves at respected growth... Malaysia econmy is strong its ,GDP growth stronge than ever n we are capable to pay our debts ( nil debt defaults pyment )welll on time n Our domestics driven econmy is if not excellent keeps our domestics driven econmy wheel moving if not faster....n our healthier banks with low interes liquidities nmoving our smes n other businesses! Rrating agncies are nothing else but likaa hunter who walks in near bushes n starts to shoot he sees a slight movement or,noises from the bushes ! With fed,n ECB in focus perhaps there was a sense of insecurities among investors n foreign investors as what would be the outcme ,compunded by us adp,employment datas due tonight.
PS* Mr. Lim Sin Yoke, no reason to "diu here and diu there" like uncivilized human, later kena AIDS den u know.
I remain unchanged and call for a BUY, juz personal study on wave,trendline n other tools analysis. Everyone have their own opinion of coz. Q for addition lots , Buy Low and Sell High 2.2 =) And I might be wrong here, do prove me wrong If any sifu here.
as i said earlier technically it will re-bound but also depends on the market sentiments, if market sentiment is good it will reach TP 2.2 faster =P but i do hope it to drop more so i can buy more kikikiki......
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....
SJaladdin
420 posts
Posted by SJaladdin > 2013-07-26 16:40 | Report Abuse
sabar.. wait 1.75