Posted by countfind > 2014-04-29 20:27 | Report Abuse

what caused meltdown? jitters started yesterday after 2.30 pm. why

Posted by optimusx8888 > 2014-04-29 20:28 | Report Abuse

i know why, obama bring a lot of hedgefund here, they got nothing to do with obama go work, they sit down and short our mkt.

Posted by nicermannson > 2014-04-29 20:31 | Report Abuse

The melt down is due to investment banks planning to give remisiers no hedge to their clients to buy ace. This melt down is expected to continue.

Posted by optimusx8888 > 2014-04-29 20:33 | Report Abuse

many broker already capping ace counters. still think ace counter can play?dream la, the syndicate is washing out their shares on hand. but a big hit down and then pull up for u ppls to chase.

Posted by nsk82 > 2014-04-29 20:34 | Report Abuse

meltdown ? exagerated when the index merely slipped < 1 %

Posted by nicermannson > 2014-04-29 20:36 | Report Abuse

ace melt down is still a melt down

Posted by ohkns > 2014-04-29 20:42 | Report Abuse

Sifu, why start own thread only now?

Posted by ohkns > 2014-04-29 20:46 | Report Abuse

Buy in May and it will be hip hip hooray! Just kidding

Posted by koik88 > 2014-04-29 20:58 | Report Abuse

a rebound :D

Posted by newman > 2014-04-29 21:01 | Report Abuse

optimus. nice seeing you here. would there be a domino effect on other sector in bursa with this ace meltdown.

Posted by newman > 2014-04-29 21:02 | Report Abuse

koik88. how to rebound when brokerage capped your purchase.

Posted by newman > 2014-04-29 21:05 | Report Abuse

here we talk about views of what the likely scenario of market to be in a meltdown. not forum for buy/sell call.

Posted by mylegacy > 2014-04-29 21:20 | Report Abuse

Thanks for starting this thread. Am curious what triggered the sea of red. Have been away. So have not been following the markets.

Posted by optimusx8888 > 2014-04-29 21:26 | Report Abuse

newman. how r u. i think its ace meltdown. others r either gone up too much and has an excuse for others to take profit. mkt need a healthy correction before it can go higher. thanks god its ace melt down to provide some reality check to mkt.
i think ace is game over.
in medium term its healthy for the mkt as attention will shift to proper stocks with real business.
u and me donno what vis do but so many trading them to sky high p.e. infinity p.e bcos they r money losing company.

stocks like leweko also can go up, mkland also can go up means too much money chasing in mkts.

Posted by johnchong > 2014-04-29 21:27 | Report Abuse

Hi newman,
What about the rumors that KLSE has been attracting US money in last few weeks? Could this be preparation for to get red carpet treatment for Obama's visit. The moment he leaves, the SELL begins.
The conspiracy theory. Just kidding

Posted by newman > 2014-04-29 21:34 | Report Abuse

optimus. would you foresee a margin call from IB in the next 10days or so.

Posted by johnchong > 2014-04-29 21:34 | Report Abuse

The market have been showing the usual sings of a market running like a headless chicken in preparation of an upheaval. The fury of some small-caps run and every time some well known investor/trader produce an article, it immediately spikes up.
I won't call it a melt-down as yet, only time can tell.

Posted by ohkns > 2014-04-29 21:45 | Report Abuse

Too early to say meltdown. Unless big volume. Many ace counters down with low volume

Posted by optimusx8888 > 2014-04-29 21:48 | Report Abuse

newman. ace counter are not marginable in most case. only a few broker accept it as margin. the other bigger stocks r all very well behaved above their 30days moving average. dont see any margin call except Dsonic. hahaha.

dj is at record high again.

Posted by newman > 2014-04-29 21:48 | Report Abuse

johnchong. how are you lately? you in Bahrain or Singapore now.

Posted by optimusx8888 > 2014-04-29 21:50 | Report Abuse

top 10 active stocks all below 30c. and today ci up.b

Posted by newman > 2014-04-29 22:00 | Report Abuse

top volume 10 penny (7RED 2GREEN 1 UNCHANGE) link,banking counters supporting klci index.

Posted by ohkns > 2014-04-29 22:03 | Report Abuse

Some ace counters like Inari are no more penny stocks

Posted by optimusx8888 > 2014-04-29 22:06 | Report Abuse

these counters doesnt affect the stock market fundamental even if they all drop to zero. it only affect the sentiments for a few days. nothing to worry.

Posted by newman > 2014-04-29 22:10 | Report Abuse

optimus. do you have any counter for a fast killing tomorrow.

Posted by optimusx8888 > 2014-04-29 22:17 | Report Abuse

yesterday i recommend 17c buy jackpot stock ma, not everyday got jackpot one...

Posted by osw888 > 2014-04-29 22:25 | Report Abuse

Newman, wong can still go for another punt tmr? Today hand itchy itchy play another round and make some small money

Posted by newman > 2014-04-29 22:30 | Report Abuse

speedyboy. with the sudden falls in share price of penny; am sure some players cannot pay up losses on time. will this dampen the market sentiment.

Posted by koik88 > 2014-04-29 22:49 | Report Abuse

just realised that hepi regain ship link missing... not sure why.

http://klse.i3investor.com/servlets/forum/900608510.jsp

Posted by meena > 2014-04-29 22:55 | Report Abuse

April has been a tough month for investors, with the Nasdaq taking a sharp dive as investors soured on many tech and bio tech stocks. The S&P and Dow are up for the month, but only barely.
Attention is beginning to shift towards the Fed, which is set to wrap up a two-day policy meeting on Wednesday. The central bank is likely to dial back its bond buying program by another $10 billion in a bid to wean Wall Street off its easy money policies.
from cnn business news...

Posted by johnchong > 2014-04-30 02:07 | Report Abuse

newman, am still in Bahrain. Be back for vacation only in Sept'14

Market confidence has been dented and going forward what little profit traders will tend to take. So the last 2 week's type of performance unlikely.

sye & scgm look interesting
Morning punt candidates
Entry 0.735 & 1.53 must act fifo

Posted by newman > 2014-05-01 17:17 | Report Abuse

friday(2/5/14) first trading day of the month. will we see klci breaking new high with the buying of link,banking & blue chip counters by fund. what about those penny and speculative stock being held by retailers/punters. will it be another 'bloody' red day. good luck and happy trading.

Posted by newman > 2014-05-05 11:30 | Report Abuse

another bloody red red day. look like there will be a technical rebound coming soon.

Posted by newman > 2014-05-05 13:56 | Report Abuse

could it be sell in may go away and bet world cup. haha

Posted by miowmiowwowwow > 2014-05-05 13:57 | Report Abuse

Posted by optimusx8888 > Apr 29, 2014 08:33 PM | Report Abuse

many broker already capping ace counters. still think ace counter can play?dream la, the syndicate is washing out their shares on hand. but a big hit down and then pull up for u ppls to chase.




huhuhu. today I heard many brokers chopping ace counters...

Posted by newman > 2014-05-05 14:07 | Report Abuse

what after beheading penny stock.