good morning kawan kawan cham liao yesterday chinese market opened with a huge gap down followed by a loud thud strongly points to an uncontrollable frenzy selling... the selling is hence anticipated to continue today... so in a sense had conveyed my thoughts to robz3 re the selling mood. the chinese contagion had even spilled over to the us walor aeh. the supposedly powerful us knees also turned lemah...hopefully, us would realise that it had over reacted to the scenario and take the big drop yesterday as a buying opportunity and bring some semblance of sanity back to marketplace today. there would always be some smart alecks that would paint a negative view of the positive reconciliation on the greek issue. knn really these people mau cari makan also need to have some moral discipline and obligation mah...why want to put a spanner on the work so to speak and cause a dent in the market...yah hati mau baik! on the local scene, really dont know what to say. one is pushing bursa down while the other is trying to pull it out of the water. siapa lebih kuat? ..demand(buyer) or supply(seller) is going to rule the day..probably seller jadi raja pagi and then buyer kemudian petang. best option just watch the wayang and if mati mati mau main because no play heart tak senang then perhaps consider sikit sikit yah tampok cukuplah on the present "ang pie" darling H. heng heng trading.
FED has been talking about it for a long while... nah
The destruction of wealth in China... the wealth of middle class Chinese in China... well some may have thought about that...
But.... the suspension of more than half of all those companies listed in China.. likely more to come .... now who would have thought about that... The "If you can't sell what you want you would sell all that you can"... Yes.. This would definitely looks like a BLACK SWAN.....
BLACK SWAN...... KLCI DROP TO 1500?!!
BETTER SELL ALL YOUR OTHERS COUNTERS IN BURSA... SELL ALLLLL......ALL...!!! RUN RUN RUN!!!!
RUN RUN RUN!!!!!
DJ dropped 261 last night as they were worried precisely about this ...
tj your asiaply is on a very strong uptrend but the extremely weak bursa had prevented it from going to fifth gear; so buying in is still tentative. clear 66.5 then look forward to 70. go go go re penta be wary.. should price fall to 70 the downslide would probably continue to /6864 why? because then 20 and 50 ma failed to hold and sar bola kena hit...outcome a strong sell signal. stop loss 77.5 heng heng trading
Sifu scjm, the good thing abt both hang seng and China a50 is that they r selling climax into strong support? Reminds me of the ifcamsc selling climax?
http://finance.yahoo.com/news/china-bans-big-shareholders-cutting-225605374.html China's securities regulator took the drastic step of ordering shareholders with stakes of more than 5 percent from selling shares for the next six months in a bid to halt a plunge in stock prices that is starting to roil global financial markets. The China Securities Regulatory Commission (CSRC) said on its website late on Wednesday that it would deal severely with any shareholders who violated the rule. Separately, major shareholders of top Chinese banks including ICBC (1398.HK) and companies including Sinopec (SNP.N) pledged to either maintain their holdings or increase their stakes in the listed companies.
hahahah market up market down market sideways itu lah biasa cycle. then there are three groups at the marketplace .. one is the pessimist every downside would made him jittery and turn everything into doomday .. this group how? want to associate? too stressful to be with.. the other opposite is the optimist for him every dark cloud there is a silver lining.. for him a ripe time for some stock pickings. this group how? good for company always positive always searching for winners here the gains made would be substantial then the neutral so called the middle path guy. market down and perhaps sideways stay out. market up take a long position. for him there is a time and place for everything. safe and sound play. whatever it is, dont worry be happy like greatman wish all the good people here heng heng too
robz3 true, if you put it that way.. here the difference is syndicate maneuvering a single stock which is so so much simple and involving a known estimated sum of capital to do so vis a vis shangai the entire market with practical not knowing the right amount of capital required to prop or halt the slide.
rugi premium 96 aeh dk .... u kira u know :).. tat apatu write in chinese news paper aeh is talk army in paper nia ...see happen liau baru say so ...ask him buy now see...kikikikiiiiiiiiiiiiii
bro scjm , wait to catch HK & HG at lower price. the profit taking is too heavy liao , even CI has slightly turn abit the price drop so much , maybe due to the high premium la .. hehehe
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Posted by tjhldg > 2014-03-08 22:27 | Report Abuse
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