Posted by kakashi > 2015-10-22 13:59 | Report Abuse

Value cap is only in play end of Nov, meaning Dec they will pump in,

Many analyst believe there will be a major correction in Nov, bringing KLSE to 1480, before rebounding to 1660-17xx in Dec.

*I read this in The edge and it begin to make sense when I found out that valuecap will only be in play in Dec and Nov is after budget announcement in Oct*

Anyway, nothing is certain, all these are just speculation.

Posted by kimssiat > 2015-10-22 14:05 | Report Abuse

It depends on the company quarterly report as this greatly indicates the actual situation after GST/RM drop and etc.

Posted by apanama > 2015-10-22 14:28 | Report Abuse

Hmm..

Posted by Wei Jie Yau > 2015-10-22 14:56 | Report Abuse

Nth change

Posted by popcorn > 2015-10-22 15:08 | Report Abuse

look like will turn to green again~

Posted by fhis > 2015-10-22 16:07 | Report Abuse

with the current situation in the country, I will prefer put than call... the KLCI is clearly hold at current level with all the fund $ for a nice "feel" prior to budget announcement.

Posted by kakashi > 2015-10-22 16:13 | Report Abuse

from the chart, you can see all the samurai swords on the rounding top. the peak touching 172++ with high volume. This indicates selling pressure. najib says this is going to be a tough budget to call...certainly, now he need to decide whether to increase corporate tax or he can reduce it by using the GST $$

Wei jie, how old are you?

Posted by Kian Chung > 2015-10-22 16:17 | Report Abuse

I assume budget 2016 will not me good. Tomoro probably will test 1700 for correction.

Posted by jackz > 2015-10-22 16:19 | Report Abuse

fast fast go in lo, bear catching up

Posted by fhis > 2015-10-22 16:20 | Report Abuse

guess tomorrow will be foreign fund selling vs local fund supporting...

Posted by popcorn > 2015-10-22 16:24 | Report Abuse

selling start now lo~

Posted by kakashi > 2015-10-22 16:24 | Report Abuse

actually past 2 weeks our local fund already selling to foreign fund...already offloading, and the foreign fund that come in is extraordinary *according to news from the edge*.

Thus, with this info, I am thinking that once the FF exit our market, its going to be huge and I don't think our local boys is able to do much. Most probably they will buy back but market going to take a hit

Posted by sid_slash > 2015-10-22 16:40 | Report Abuse

Apanama wats ur thoughts?

Posted by Ong Lie Chin > 2015-10-22 17:00 | Report Abuse

Another sien day

Posted by Wei Jie Yau > 2015-10-22 17:19 | Report Abuse

I am 22 years old

Posted by kakashi > 2015-10-22 17:28 | Report Abuse

tomorrow wont be sien d....D day

wei jie, welcome to the world of trading and investment... by the way, u sure its 200 units for HK?

Posted by Kian Chung > 2015-10-22 17:34 | Report Abuse

i am 20 here. Tomoro and monday will be a lot fun.

Posted by LuoLi > 2015-10-22 17:52 | Report Abuse

I'm 16 here. I started when I was 15 with capital rm200k

Posted by Wei Jie Yau > 2015-10-22 18:49 | Report Abuse

Sure boh? Tmr HK tp how much ?

Posted by apanama > 2015-10-22 18:58 | Report Abuse

Hmm..i will look back my data tonight..then i will give my opinion..

Posted by Wei Jie Yau > 2015-10-22 19:06 | Report Abuse

Give me the answer to9!! Guys

Posted by goody99 > 2015-10-22 19:28 | Report Abuse

The international reserves of Bank Negara Malaysia

RM379.4 billion (equivalent to USD100.5 billion) as at 15 July 2015
RM364.7 billion (equivalent to USD96.7 billion) as at 31 July 2015
RM356.4 billion (equivalent to USD94.5 billion) as at 14 August 2015
RM357.7 billion (equivalent to USD94.7 billion) as at 28 August 2015
RM360.1 billion (equivalent to USD95.3 billion) as at 15 September 2015
RM415.1 billion (equivalent to USD93.3 billion) as at 30 September 2015
RM418.0 billion (equivalent to USD94.1 billion) as at 15 October 2015

Posted by apanama > 2015-10-22 20:58 | Report Abuse

November this year, in terms trading cycles is a bit shorten. Not even 22-days which will give more advantage for market to recover faster assuming worst case scenario which is break 1671.82 post budget which i am still against it due to improvement in market sentiments and market perceptions eventhough you might saying that its just a 'cover up' or 'bodek' or whatever terms you want to describe it. I did highlighted on FBMKLCI-C12 forum, the tendency for 'Black Swan' is no longer exist. Black Swan here meaning to say that, the tendency for market to correct to 1,480. I am strongly believe the market will be strong support at 1670 level even if budget is failed to meet and please everybody which i think its hard to please everybody.

If we are afraid about foreign fund. Hmm..i think with 20-22% exposure, i dont think all of them will throw. The most is about 1% more. Simple math, if we take it 1727.41 as the indicator, therefore 1710.14 is out already. then if we took 2% , 1692.86 which all of that has been taking care off. Will they do the same modus operandi like those days? Just come in for 2-3weeks? Thats i dont know because i am just a small ikan bilis. Not all foreign funds are genuine foreign funds. It could be Malaysians who love this country. It could be EPF and Khazanah themselves. Malaysians are everywhere and still many Malaysians do care about this country despite all the non sense.

I am still think positive and want positive results which is the market still has room to break 1730-1750..lepas tu kita sembang...:) wallahuallam..

Posted by Wei Jie Yau > 2015-10-22 21:00 | Report Abuse

So Tmr index will up or down?

Posted by kakashi > 2015-10-22 21:24 | Report Abuse

Hahaha....I love wei jie questions....

apanama, at the end, u need to put a clear conclusion, Up or Down and by how many points...
haha

Thanks for your detail Apanama..its good sharing, lets see what happen tomorrow ya...Actually months ago there are analyst who says that we are already forming the head and shoulder pattern...it is a reliable and dreaded technical formation. Most technical analyst will know what is head and shoulder...that's how they come out with 1480 TP before it will rebound to 1660-1700

Nonetheless, sentiment had improved a lot now...even china stage a good rebound...German is also positive...so, very hard to tell.

Wish all of us well ya...By the way apanama, u not into call/puts now?

Posted by kakashi > 2015-10-22 21:29 | Report Abuse

KUALA LUMPUR (Oct 22): The international reserves of Bank Negara Malaysia (BNM) amounted to US$94.1 billion as at Oct 15, higher than the US$93.3 billion recorded as at Sept 30.

The amount was also higher in ringgit terms, at RM418 billion (US$1=RM4.442) as at Oct 15 compared with RM415.1 billion (US$1=RM4.449) as at Sept 30.

In a statement today, BNM said the reserves position is sufficient to finance 8.8 months of retained imports and is 1.2 times the short-term external debt.

Posted by kakashi > 2015-10-22 21:30 | Report Abuse

LuoLi, u only 16 years old but why ur breast so big?

Posted by apanama > 2015-10-22 21:30 | Report Abuse

i am always expecting WJY question...he is like a character in my favourite movies actored by Adam Sandlers....:)...WJY...of course GREEN COLOR tomorrow..how come red color during our national budget..ahahaahahaahha...give some face la to the #1..:)

nope..i am not ..i hit and run at 25sen and clear off all at 0.270 .(C12)..tangan lembab for (C8),,,almost want to punch for HV semalam after clearing position at C12..tapi..as strong supporter of Najib Razak government..i support FBMKLCI index link company..tambah lagi today..eheheheh...cukuplah untuk seminggu makan..:)

Posted by kakashi > 2015-10-22 21:39 | Report Abuse

hahaha...well, strong support for Najib, I have no comment on that
DJI ++130 points....not bad...

Wei jie, apanama says Green but I am going to say Red ! So which colour u prefer?

Posted by breakthroughx > 2015-10-22 22:22 | Report Abuse

For me I follow technical analysis. Budget good or bad we will only know tomorrow. Ur best guess is my best guess. Based on technical analysis, we are on a short term down trend. Maybe 2 to 3 weeks down trend. This week was the start of the down trend. Expecting a significant drop for the coming week. However, we never know exactly how will the budget affect the current technical data. Good luck everyone. My money is on put.

Posted by surewinz > 2015-10-22 22:25 | Report Abuse

Wei jie yau is the reason why i come this thread!always made my day..btw Apaname can i subsrcibe u?you are better than any other research reports out there

Posted by kakashi > 2015-10-22 22:45 | Report Abuse

DJI almost 200 points

Posted by Wei Jie Yau > 2015-10-22 23:10 | Report Abuse

GG le

Posted by kakashi > 2015-10-22 23:41 | Report Abuse

wei jie, u 200 units no issue ya

Posted by kakashi > 2015-10-22 23:42 | Report Abuse

DJI 220 points...DJI almost hitting 17400 (17393 highest as of now). Apanama is accurate

Posted by Wei Jie Yau > 2015-10-22 23:45 | Report Abuse

Why leh? I losing leh, still no issue

Posted by Wei Jie Yau > 2015-10-22 23:46 | Report Abuse

Kakashi, u also got buy? hK u buy how many lot?

Posted by kakashi > 2015-10-22 23:51 | Report Abuse

if u buy 200 units of HK at 0.235, its only RM47.
If u buy 200 lots of HK at 0.235, its RM4700

So which one? 200 units OR 200 Lots?

Apanama, DJI 17400++ already...damn you are accurate....hey, give more tips please

Posted by Wei Jie Yau > 2015-10-22 23:58 | Report Abuse

200 lots la

Posted by kakashi > 2015-10-23 00:05 | Report Abuse

wei jie, me 500 lots...and I still got other put warrants.....so, I kena kaw kaw this time if KLSE hit 1740 tomorrow....if apanama is correct....then shit liau

Posted by popcorn > 2015-10-23 00:09 | Report Abuse

kakashi you will laugh all the way to bank to take money tmr!
we are in same boat~

Posted by kakashi > 2015-10-23 00:13 | Report Abuse

popcorn, how much u hold for HK? To be honest, HK is my least holding...I have other large holdings in HW, HV and H27

Posted by kakashi > 2015-10-23 00:19 | Report Abuse

DJI 260 points++ ... this is totally unexpected

Posted by Kian Chung > 2015-10-23 00:22 | Report Abuse

will the history repeat agn ? kakashi how's view on tomoro ?

Posted by kakashi > 2015-10-23 00:32 | Report Abuse

at first I am totally bearish on KLSE tomorrow...I believe it will spike in morning and then goes down to 1680-1700....
but DJI is totally crazy....already almost 300 points !!
This really mess up my planning....


China announce they pump in $$ to stocks...that's why its up 1.5% today. Europe also announce possible more stimulus.. DJI on Viagra...So, I think with all these sentiment and with our budget out, I guess we going to see a strong KLSE tomorrow.

Having said that, the fundamental of the economics are still weak. DJI up because of Mcdonald. China eat more burgers, so what? Caterpillar profit is down >50%. Caterpillar sells heavy machinery...means global growth is slowing down. Oil is still oversupply...US is adding more jobs, means most likely an interest rate hike by this year...China growth is slowing down dramatically...
So, the fundamental of the economy does not change from Sept to Oct. Its the same.

I think I am adding more into Puts first thing tomorrow morning. That's when the opening KLSE is going to shoot high, then catch on rebound....If KLSE open <1710 tomorrow, then I will not collect...just wait and see

Any other strategy for put holders tomorrow?

Posted by kakashi > 2015-10-23 00:33 | Report Abuse

oh yeah, DJI 300 points

Posted by Kian Chung > 2015-10-23 00:39 | Report Abuse

See how DJI closing. Really not confident on tomoro.

Posted by kakashi > 2015-10-23 00:40 | Report Abuse

Not confident means?

Posted by kakashi > 2015-10-23 00:45 | Report Abuse

boikot Mcdonald for 1 year !

Posted by Kian Chung > 2015-10-23 00:46 | Report Abuse

Worrying over Klse tomoro will meletup.