I could not help but reading through all the good chats you guys & gals had last night...

Today will be another down day in CI. But that's what correction is all about. There were some who voiced that KLCI should be back up to about 1200 end of the year. I hope that will be right.

This correction was expected, I mean, we should all expect some correction when the market has already risen so much since March. I guess the uncertainty is the severity of the correction.

Hopefully end of the year, can see the price capital appreciation and the companies continue to give good returns, eventhough economic recovery looks slightly bleaker.

Hang Seng start! Wah....2.7% down -481

Now nearly 600 -3% or so already.....

Welcome to Super Duper Mega Sales

Target 1000 then only re-enter...Now stuck with mixed stocks, not all blue chips....Fundamentals good, so no reason to dump.

Can tahan see the loss figure? If can, then a viable consideration. Me, see loss figure, tend to make stupid decisions trying to make back the loss. Sell here, buy there. So I leave current stocks untouched and buy to average down.

Sapcres - 1.2
Sealink - 0.6
Tanjong - 12.40 (revised from 12.80)

See which one reach first...My targets or 1000...Hahaha

Yes, you are right. Its a bit diversify for me. I also already own Tanjong stock, so want to average down a bit. Want to average down to below 13.

Sapcres and Sealink are but just 2 of the counters for the OnG. I just realised that by saying I want to buy Sealink at 0.6 and Sapcres at 1.2, I still expect them to shed another 10%.

A few of you who have taste for dividends, a bit of risk and expect a rebound later in the year may want to look at Furnweb, 2nd Board counter, 38sen today, 3 sen div ex- on 8 July.

You can wait for it to drop further if it will, quite strong last few days, 38sen is price about 2 weeks back only. Company does webbing on primarily furniture, but also car upholstery and also for bandage webbing. 1 year high is 60sen. Its held up better than most counters probably because 2nd board, no one give a bother.

Average Buy Price? How much down already?

Ya....panic happen at 9-930....den slow slow now...Even Hang Seng open at 10am and now down 590-610 range, nothing happening in CI....Waiting for the next wave of junam...

If your option is to buy back Dialog after it drop, then you can consider. 20% is quite a large drop already, and normally in this stage I would not cut loss. Hold for recovery.

I would have cut loss at 10%, my normal range. BUT I found that after doing that, I pick up wrong stocks.
This round, I am seeing if average down is a better option that works for me.

Naz, you waiting for 1000 ah? or 950?

Everything will start to shake at this stage....except Teh Hong Piow company..
30sen off from previous 9.05 high. But not even 5% off the price high.

So considering that Uchitec has been steady 1.2x like that since the start of the junam, is quite good already. Now 1.19.

Hmmm....Now this is another target if drop to 1.10 before Friday.

During bull market....people got so much confidence will go from 1000 to 1100.....

Sure now during bear market, people should have as much confidence it can go from 1090 to 990...

I would say &*^%$ if it is true.....

Here is the proposed Bursa one from the site:

Price Range----------Current Tick-----Proposed Tick
Below RM1.00------------0.005------------0.005
RM1.00 to RM2.99--------0.01-------------0.01
RM3.00 to RM4.99--------0.02-------------0.01
RM5.00 to RM9.99--------0.05-------------0.01
RM10.00 to RM24.99------0.10-------------0.02
RM25.00 to RM99.99------0.25-------------0.02
RM100.00 and above------0.50-------------0.10

It may curb manipulation and speculation though, and this could be the Bursa reason for doing this if it is true.

We all learn someway or other
Learn now, and gain later...

Hahahaha....

Why Bursa need to recover? If it going to drop back down over the next few days, aiseh, might as well just stay where it is already lah.....

Now is -11.

This post has been edited by VyvernS: Jun 23 2009, 11:57 AM

Swing traders with high risk appetite...I scared swing also now... Hahaha

Suddenly......My all red counters show 2 green, 1 yellow....

This post has been edited by VyvernS: Jun 23 2009, 12:03 PM

I have a feeling your trade will pay off. Keywords are "Smashing", "Profit" & "Dividend"

Pana, you waiting <5.00? I am considering if lower than 5.00. I think 4D strong support at 5.00

Hai..Now only got limited bullets not like Naz taikor....with 100% cash now will sapu kao kao...

I will enter once reach target prices, or when CI hits 1000, whichever comes first. TP Tanjong 12.40 far away already as it is green, Sealink 0.6, Sapcres 1.2, 4D 4.9x.....Wait wait...