It can be 3 year bears and 1 year bull when the condition is reverse in long term bear. You see last year bar is red. This year bar is red also. Do you think that this year bar will turn to green at this moment ? This year already hit last year low. How about next year 2016 ? When 3 years bear, 1 year bull will be greater than 2 years bears but never exceed 3rd year bear.
This is assumption Bull Supercycle can be ended from year 1975 to year 2014 = 39 years. Bear Supercycle is short than Bull supercycle from year 2015 to year 2024 = 9 years.
HW the exercise price is 1,700. But the current shareholding increased to 150mil. Which means let's say the retail hold 100m and CIMB hold 50m at the expiry date of KLCI index 1,550. The cash settlement will be only 100m/150 x (1,700 - 1,550) x 1/667 = RM 0.15 per warrant.
1. China start to trade again tomorrow and they will play catch up 2. Oil continue to rebound and US stockpile dropped. 3. Fed most likely not to increase rate this year 4. RM and rupiah and regional currency rebound strong 5. Not to forget valuecap RM20bil. For the whole of 2015 until now, total foreign outflow is about 14bil I think. If you do the maths, RM20bil can eat up all foreign outflow for 1 year base on worst case scenario.
if KLSE break 1700 tomorrow, 1740 might be coming. Just my thoughts ya
U.S. stocks ended one of their worst weeks of 2015 with sharp losses on Friday, as a week-long commodity rout continued to drag down the major indices.
Energy stocks retreated on Friday, one day after a rare upward move, as U.S. crude futures plunged below $36 a barrel, falling to its lowest level since February, 2009.
jayawin, why you scold me stupid? Faster buy put ya
Yesterday I gong hu Put warrants. HW = 0.19, HV = 0.13, H27 = 0.04. Hopefully don't mati katak. JAyawin, buy put now, then sell off when going into march/April. Oil will drop to 20/barrel. KLCI cant break the 200 days SMA, u see 3 times for the past few days, cant break out from there. Most likely will see pull back. Maybe 1660 soon?
Now is around 1660, close slightly below. So, if US down today, we will see downtrend. Support at 1650. That's where the SMA 25 days and 50 days converge. Once break 1650, will go to 1600-1620 region. Hw will be around 0.28-0.30
Popcorn, u sold too early. only 2 days drop and its just the beginning. If this sentiment persist, I am seriously looking at 1600 for KLSE within next few weeks.
HW I bought at 0.19, HV at 0.13 and H27 average at 0.051 and H5 average 0.018. Aiming big now :)
KLSE rise to 1680++ in tandem with DJI rising to 16600 from15600. Almost 1000 points. Now really ripe for correction. Oil also rebound from 27 to 35 just because the big boys say they meeting to freeze production and iran just laugh at them. Just a gimmick to push up the oil price, trap the traders and then push down to 20/barrel. I believe they are pushing it down now.
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....
Joeylee
807 posts
Posted by Joeylee > 2015-09-06 08:50 | Report Abuse
It can be 3 year bears and 1 year bull when the condition is reverse in long term bear. You see last year bar is red. This year bar is red also. Do you think that this year bar will turn to green at this moment ? This year already hit last year low. How about next year 2016 ? When 3 years bear, 1 year bull will be greater than 2 years bears but never exceed 3rd year bear.