No, that's actually healthy!
A bit of pullback is expected..after 200+ points run up yesterday.
What u expect? Always up??

US housing construction last month data points towards negative territory..
a bit of disappointment, so time to take some profits off the table!



This post has been edited by danmooncake: May 19 2009, 09:19 PM

Oh uh... yes, insider selling usually isn't a good sign. They definitely must know something that outsider
doesn't know and if large amount of shares being dump by executives, investors better follow suit
otherwise they'll end up holding the bag if something really bad is coming up.

Short selling is selling stocks that you don't have.
The sale that you've described sound more like short position (1 day).. no short selling.

Usually Contra (aka. IntraDay) means within same day trade.
Buy and sell on same trading day..(not next day).

To me, anything that is over the next trading day is considered a short position.

I guess it is up to your broker if they allow you to borrow some shares to sell, right?

You're expecting the price to go down.. and after the price has gone down, you can buy back
to cover and gain the profits in the difference.

Yes, before settlement, you already sold it...
People who do this must love chasing stocks.. aka. day-traders.

Uncle/Auntie are also afraid of sharks!

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Added on May 20, 2009, 9:30 amI think you have to 'borrow' first from your broker.

This post has been edited by danmooncake: May 20 2009, 09:30 AM

Hmm...slow releases of news..perhaps they don't want to shock others or cause massive sell down of their stocks.

Insiders sell first.. early news got to retail investors..then, they sell.. then official news.. only followed by ikan bilis selling.

Bear trap again?

You can tell that UOB official, you'll take your money elsewhere. You're not applying for job.. you're opening a bank account and you're giving them money. That person must be stupid or something.

Boo!!

DJIA lost 50+ points today, looks like bulls running of stamina..

In that case don't be a 'trader' if you feel not good in trading. Fast trading is for goreng-goreng players... they tend to kill others or be killed.

Be 'investor', like Buffet - pure fundalmentalist, learn to read balance sheets and buy and hold long term.

Stay away from the technical mumbo-jumbo and charts watchers like those daytraders or 'goreng goreng' players.

This post has been edited by danmooncake: May 21 2009, 08:08 AM

USD going down fast... SELL SELL SELL!

10G is a lot already. Can one really consume 10G of bandwidth per month as a regular user?
Unless most of subscribers are p2p addicts?

For p2p addicts, they most likely will go with unlimited use like Streamyx or Jaring package. Right?

This post has been edited by danmooncake: May 26 2009, 09:57 PM

Penny stocks are very volatile and manipulated a lot by big boys and day traders.. not necessarily it shoots up but
downward trend big time too. You must play properly otherwise can lose shirts, pants and underwears too.

Over long term, better buy value blue chip stocks or just indexes if cannot afford individual stocks or know how to access those quality ones.

This post has been edited by danmooncake: May 26 2009, 11:59 PM

Nah...they all smoking home-grown pot and meth for now.
The rave party still going on.. everyone is drunk with money madness and buying euphoria now.
They all 'believe' the recession is going to be over soon.

I'm sure they feel hangover tomorrow.



This post has been edited by danmooncake: May 27 2009, 03:20 AM

Really? Malaysia GDP finally coming out??
Any whisper numbers? Down 2-3% last quarter?

What about unemployment numbers? Govt too afraid to publish those?

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Added on May 27, 2009, 6:57 amYeah.. here's your opportunity to sell into the rally and make some money, right??

This post has been edited by danmooncake: May 27 2009, 06:57 AM

Aiya.. didn't everyone already said thousand of times already.

KLCI is COMPLETELY and UTTERLY DISJOINT from the rest of the world market.

KLCI is played by local big boys, breeding sharks with huge jaws to eat those 'ikan bilis'.
If you're one of those 'ikan bilis', you got to learn to swim very very fast to outrun them otherwise
you'll be eaten.

HaHa! Mr.DJ can pummeled ahead yet, Mr. KLCI can always always go backwards. instead.
Mr.KLCI is like stuck into a time dilation zone.. like back into the '90s
everything slow down and sometimes go backwards. not real time anymore.
Your money may shrink instead of grow by investing in KLCI.

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Added on May 27, 2009, 9:42 pmThat's right.. but we do need to govt to stop feeding us lies, lies and more lies. Need to have more independent research,
market and economic data so that the market can be free instead of controlled and only those cronies get first hand information and they dump shares ahead of everyone else.




This post has been edited by danmooncake: May 27 2009, 09:42 PM

The latest US housing data has been released...the epic center of the economic issue,
inventory level is UP again.. therefore there's a 40 months oversupply.

So much for consumer confidence yesterday, DJ now going red..

Be prepared for blood bath tomorrow am at KLSE.