Ringgit drop, isis terrorist warning, and global slow down klci still down so little, so fake, thanks to najib who is using our money to support such overpriced market
"Based on credible threat information regarding potential terrorist act, the US embassy in Kuala Lumpur advises US citizens to avoid Kuala Lumpur's Jalan Alor and the immediate surrounding areas on Thursday, Sept 24," the alert reads.
Klci closed green...Europe now up 2-3%..if Dow can close Fri +ve also..maybe next week get ready to collect back puts HG n HW another rd 0.25-30 again....??let's see...HV a good wkend folks..biiiiii.
What is the great deal about 1 USD to RM4.5? Yesterday it always touched 4.444! Don't hope for any solution in near terms (1 and half yrs?), so let's sink together! For stocks turn to export oriented USD denominated Companies or Companies that earn revenues derived from inelastic demands!
aiya. singapore drop more than malaysia in the past 10 months. do you believe malaysia better than sg? currency-wise, leader-wise, they are better than us.
only matter of time, our local institute die die support their leader which they proclaim it as loyalty. just wait end of the year, then you know the truth.
only stupid will think our index can back to above 1750.
Ya, keep on deluding yourself that market will melt down soon, and forget that -hk can have more downside than you ever imagine. Best of luck to you when that happens. You can keep on shouting 'I can average down if that -hk drops alot', but chances are that by that time, you will be too intimidated to make any decision to cut loss or to average down.
Screwdriver,you have some point there....good job...just we are not sure where is our index head for....bt judging this current country situation...it is heading to holland...if index go holland...the shark can goring up the k and puts and everybody winning...otherwise...sam a sam a go holland....so we only need index can be pulled to 1500,another 100points and put will be flying....but I believe with our current excellent leadership in the country,,it will head to 1400......times will tell everything....
Ponder about this, if you are a big hand (or so called 'operator', shark), will you buy back now and make little gain, or will you let this counter to tumble first and collect cheaply? My point is that the downside is still there. Remember when they collect, they will leave their trace in the price chart in the form of price consolidation, so far sign of accumulation is not evident.
That volume bar on 2/9 is a dead giveaway that substantial holders had liquidated their position, you won't see it go above that level until someone has reabsorb all the distributed tickets. I have finished what I wanted to say and I will leave this thread now. To contemplate about it or not is up to you, good luck to you guys anyway.
Charles, Just hold on to your fbmklci-hg. When KLCI goes up to 1640 as you have forecasted, try to average down. Definitely October will be a bad month as 'HULA' mentioned. I am in fbmklci-hx.
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....
Lollipot Anison
2,082 posts
Posted by Lollipot Anison > 2015-09-25 09:30 | Report Abuse
flush weak holders first. enjoy guys goin out now