my indicator is actually strike price HW that expired on June 2016 which Maybank is the lead for that..therefore..i dont think market ..PNB as the great supporter of Maybank will allow Bull Run because the HW strike price is about 1685 in June 2016..thats why im stick with my 250 point minimum for this correction..therefore ..its mitigate the cost for Maybank..in fact..post dividend 7.50 of Maybank will definitely pull down the index in near term..it will test RM 7.99..
oh ya before someone whack me..let me be precise. THIS CORRECTION means ..long term strategic view..its definitely will be a TECHNICAL REBOUND here and there..but still a long the way..its heading for that objective..250 points cut off from 1727 (1727-250=1477)..
Already sold almost my stocks seven seven eight eight already . So more time to study and focus on HSI and KLSE index now !! Again never expect first day lao sai so great ..... When index violation ....i will here more often !!
Posted by Lim Elson > Nov 11, 2015 10:01 AM | Report Abuse
TB.. you sound like the hong kong series movie.. fong jing po.. haha
just to update on FBMKLCI counter..if we look at CIMB vs Maybank..CIMB is already almost to test its 52-weeks lowest at 4.46 ..but Maybank..you guys can see..its never all this while break its RM 7.99..thats why i gues this time..it will be a bit pressure for Maybank..it will test that RM 7.99 because common sense..DILUTED SHARES..frm RM 8.29-7.99 thats about 30sen..how much already FBMKLCI will be pressured...
how about WPRTS..its gain quite handsome..same goes with IHH..then with UMW and SKPETRO that have problems with USD debt interest services n ASTRO too.. so..still have room if not 250 points...100 points mid term correction is possible..therefore be careful...
Elson ....C1 sensitive to index . Index need up kaw kaw ....otherwise superman underwear drop . Hahah .....i have no worry worst case scenario cut lost only .
Unable to get the lowest for C1 - 0240 ....maybe long time never monitor and also really out of my expectation lao sai so geng .
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....
taipingbear
809 posts
Posted by taipingbear > 2015-11-11 09:41 | Report Abuse
HSI is picking up now .....