Cautious week ahead!

Posted by fortunebullz > 2015-07-04 14:20 | Report Abuse

We had witness relief rally when Fitch upgrade Malaysia outlook to stable! However, volume suggest funds are not buying aggressively! Probably waiting after Raya or external outlook surrounding Greece and US interest rate hike! Having said that, I don't see much upside at the moment until funds push daily volume to 2 billion daily! Be cautious! Take profit if relief rally dies out! Probably traders will have their fun next week! Looking at China and Hong Kong major correction, it is timely to read about margin financing post by KC Chong! I suggest those who want to dive into margin financing to read KC Chong articles to avoid unnecessary stock debts due to speculation! Before some low brainers shouting their empty heads here, I didn't say bursa in bearish nor bullish! All I am saying is go with the tide! Without funds especially foreign funds, bursa will probably sideways! Probable it is timely for some to take a break from bursa and enjoy the coming Raya! Selamat Raya!

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5 comment(s). Last comment by Specialist 2015-07-05 16:12

fortunebullz

2,000 posts

Posted by fortunebullz > 2015-07-04 14:20 | Report Abuse

Oh, and forget Mahathir vs Najib! Once Najib pull Proton as sole taxi provider, Mahathir will hide in Proton and close shop! Don't give in to Mahathir lies through the Edge, WSJ and Sarawak Report! We had enough of 22 years of Mahathir deceive, do you want Mahathir to rule us through new PM via proxy! It's too obvious Mahathir wants Najib to bailout Proton via 2 billion so called R&D capital injection, and continue Proton as sole provider for both taxi and government vehicles, easy money via Mahathir cronies though energy IPP, mega projects, hidden services charges and many more!

ahjibincrisis

13 posts

Posted by ahjibincrisis > 2015-07-04 14:22 | Report Abuse

what happened to your KLCI sure reach 1900 end of June theory?

and your everyday shout "tomorrow KLCI up 20 pts?

fortunebullz

2,000 posts

Posted by fortunebullz > 2015-07-04 14:32 | Report Abuse

Ladies and gentlemen, here we have ahjibincrisis akak Singasong aka Optimus aka Talkcock who will shout berserk when Frontkn show in red but hide like mouse when Frontkn turn green. Empty vessel always like that, don't even dare to recommend what stock to buy but shout loudly when things turn a little bad! Go back to jungle where you belong!

Singasong aka Optimus aka Talkcock! Empty vessel always open mouth with nothing inside his brain! Can't contribute anything beside talking nonsense! Gave you chance to prove your worth! Why am i not surprise!

fortunebull 31.27%
talkcock 3.84%

Only know how to criticize using empty brain! Take a good look at your result before opening your mouth!

fortunebullz

2,000 posts

Posted by fortunebullz > 2015-07-05 16:05 | Report Abuse

So this week will be nothing but bad news!
1. Najibgate : Lame duck! Lame duck!
2. Greecegate : Knee jeck reaction, only to be forgotten in weeks!
3. China and Hong Kong : Experiencing major correction! No, it's not a bubble bursting! A cruel reminder how margin financing bought few to jump from high buildings, no joke!

I don't see much for the next 2 weeks, as Raya is approaching! Like I said, it's better to take a break from bursa and enjoy!

Specialist

79 posts

Posted by Specialist > 2015-07-05 16:12 |

Post removed.Why?

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