contra ahh? go n sell off, if i were u lah.

2000 lots = 161K??

now 0.875 if sell u have profit of RM14,000. why wait, market can reverse anytime.

not contra...from 2 weeks ago when i thought 80 cents could tank...suddenly it breaks to 70 cents so i hold, wanted to average down if it goes 60 cents...now 87 cents...do you guys think it will break 90 cents...i saw 60k lots que at 89-90 cents...will break or not..hehe

*** Stop Trading ***

Ok.. guys! Please take a break now..

Wanting to let you all know.. the momentum we had last night @ NYSE may not last after the weekend or perhaps as early Friday. Most traders agree this is just short covering.. volume is a moderate only.

So, if you got chance to take some profits and your purchase is high at BB side. Do it NOW!

MM wants to take down the market after JPCM report to complete the Head and Double Shoulders.

hmm, volume's thinning jor.
looking forward to second round.

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Added on July 16, 2009, 12:48 pmgonna dump my sealink if it hits my TP today. forecasting the red army for Friday if not tomorrow.

This post has been edited by teehk_tee: Jul 16 2009, 12:48 PM

Oh yeah .... whopps.

I do agree to sell into rallies too. time for a retreat. it is not healthy for market to keep cheonging.

thanks for the heads up...

btw.. what is MM ??

MM sounds like Money Manager? Makan Makan?
Market Movers?

LOL

Market Manipulators aka the sharks.

Just guessing only

anyone know what is "The Next Lap Growth Strategy"?

My stock get halt second half pending for the announcement on "The Next Lap Growth Strategy"...

Midas?
Ok. I know already... Ezra...
Wild guess... Rights issues... to get more funding for projects...

This post has been edited by chyaw: Jul 16 2009, 01:10 PM

MM = Market Maker

Thanks for the info..

I'm prepared for the second fall

I guess they manipulate the markets too.

Now we have stabilisers too, legalised manipulators.

If the info is from Market Manipulators, then we should take the reverse action. That's how they manipulate mar.

'Buy' ratings for KNM, Kencana, Dialog

OSK Research Sdn Bhd said it has “buy� ratings on KNM Group Bhd, Kencana Petroleum Bhd and Dialog Group Bhd.

The three companies are the “likely beneficiaries� of a planned US$10 billion refinery in Malaysia, OSK said.

“Any additional new capital expenditure spending into the oil and gas industry will create more job opportunities for our local players,� OSK said in a report today.

KNM Group, Malaysia’s biggest listed oil and gas services provider, rose 5.4 per cent to 88 sen, set for the highest level since June 25.

Kencana Petroleum climbed 2.2 per cent to RM1.83 and Dialog Group added 4.5 per cent to RM1.16. -- Reuters

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Added on July 16, 2009, 1:26 pmthe rumour still hot!!!!!

This post has been edited by ABC2020: Jul 16 2009, 01:26 PM

The rumours that I mentioned yesterday on KNM might be this one...

SINGAPORE, July 16 — Singapore's central bank said today it posted a net loss of S$9.2 billion (RM22 billion) in its last financial year that ended March 2009, badly hurt by a decline in global markets.

MAS loss money?

Most likely due to US market... They burnt quite badly in US investment....
We should ask them to invest more in M'sia!

so the ball is still rolling?

upwards or down the hill?