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 Stock Market V36: Return of the Bull, Part IV, Bull defies Newton's Law of Gravity

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lsmpro80
post Aug 4 2009, 04:09 PM

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QUOTE(zamans98 @ Aug 4 2009, 04:06 PM)
wah, dropped again. fark.. die loh..

300 lots!
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Gosh.. looks like dropping bit by bit... now support line at 0.85
if this is broken .. i got to get the hell out of here too ..


Added on August 4, 2009, 4:10 pmGod damn it .. something must be wrong with the klse today..


Added on August 4, 2009, 4:12 pmguys.. the transactions from every green and red counter are selling down ..

This post has been edited by lsmpro80: Aug 4 2009, 04:12 PM
lsmpro80
post Aug 4 2009, 04:14 PM

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QUOTE(mopster @ Aug 4 2009, 04:13 PM)
Thanks for the tips Adam...  notworthy.gif
Edwardian Summer, the peaceful evening before World War I.....
--
However, this correction looks funny though, happens when KLCI is green  doh.gif
No one is dumping top30...
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i guess i miss it .. cause i didnt get the updated info..
anyway to get the latest updates ?
lsmpro80
post Aug 4 2009, 04:21 PM

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its really a short one.. ....


Added on August 4, 2009, 4:24 pm
QUOTE(AdamG1981 @ Aug 4 2009, 04:21 PM)
The cash market is not making a newer high, that's why prepare for a big retreat. When FBM 30 fails to close above 1180, the bullish momentum fades; combined with poor volume, the cash market will most LIKELY close lower today and will drag fkli down to mid 60 level.
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i see.. Adam ..


Added on August 4, 2009, 4:25 pm35 minutes more to go .. it looks like going to be a 50:50 bet for today...


Added on August 4, 2009, 4:29 pmzaman .. 100 lots by 100 lots .. throwing .. .. even retail investor also cabut..
10 lots by 10 lots.. killing slowly.. .what the heck ..

This post has been edited by lsmpro80: Aug 4 2009, 04:29 PM
lsmpro80
post Aug 4 2009, 04:36 PM

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lol... good good
lsmpro80
post Aug 4 2009, 04:39 PM

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QUOTE(mopster @ Aug 4 2009, 04:32 PM)
KNM got support at 0.85, i think rescue army lai liao....


Added on August 4, 2009, 4:34 pmDJ Future red, EU now red also...
will this Red extend to tomorrow ?
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QUOTE(simplesmile @ Aug 4 2009, 04:36 PM)
But with the AS1M money, wouldn't it cushion the KLCI from falling?
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not necessarily. more into the big boys pocket


Added on August 4, 2009, 4:41 pmShow down is drawing neaar... see BIG volume throwing for the final 15 minutes ..

This post has been edited by lsmpro80: Aug 4 2009, 04:41 PM
lsmpro80
post Aug 4 2009, 04:46 PM

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okay.. time has come.. asian palm oil MYR and USD is in the red region.. sharks.. decision made.. (button)
lsmpro80
post Aug 4 2009, 04:55 PM

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Adam .. do you consider today's vol and val low ?
lsmpro80
post Aug 4 2009, 11:23 PM

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QUOTE(AdamG1981 @ Aug 4 2009, 08:47 PM)
SELL SELL SELL!!!!!

Timebomb count down.
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Adam .. do you mean any counter ?
lsmpro80
post Aug 5 2009, 05:48 AM

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QUOTE(danmooncake @ Aug 5 2009, 02:21 AM)
Certainly looks like strong resistance at 0.90. Maybe it can break through when all the sellers are exhausted.

BTW, DJ, NAS and S&P500 closed up again today. The bulls have taken up another notch.
But the rate of ascend certainly has slowed down.  As expected, the pullback in the morning was filled by sideliners.

IMO, this market definitely big time overbought.  I'm not adding any new position at this time.
Just waiting to see how big this bubble can continue to inflate.
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as you say "big time overbought".. therefore .. already cabut
lsmpro80
post Aug 5 2009, 06:09 AM

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QUOTE(danmooncake @ Aug 5 2009, 06:02 AM)
I've taken some off the table for now.

The market it is definitely ripe to short but also dangerous too because of the mad bulls gap filler keep piling up.

The reality will sink in later, perhaps next month or so when people realised those "less bad" earnings
are not sustainable.  All we need is just one bad news, that should push those bulls over the cliff.
Panic selling or capitulation will set in.  rclxms.gif
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i am thinking the same too over here. Therefore, for counters that is currently in my green position will be selling out for regroup of capital. and be ready for that to happen .

Chances according to the vol and val in bursa trading seems laggard a lot.. yesterday no one even bother to push the klci up to break 1180 (just miss by 1 point)

in addition , with the latest board amendment, everybody are cautious and watchful of what could happen at it.
Master word - never greedy ... hehe


lsmpro80
post Aug 5 2009, 09:38 AM

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Dipping start to swamp the market now..
lsmpro80
post Aug 5 2009, 09:45 AM

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QUOTE(aurora97 @ Aug 5 2009, 09:41 AM)
Plan B going to steal some chicken at Jtinter believe thet are about to declare dividend soon...

lower down my ABP for the ciggies i smoke everyday.

Expected dividend date 8th Aug..

if i get it wrong lol ... this will be quite funny.
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how was the satnding of this little chick ? good to go in today ?


Added on August 5, 2009, 9:48 amACE is heading down !!!

This post has been edited by lsmpro80: Aug 5 2009, 09:48 AM
lsmpro80
post Aug 5 2009, 09:55 AM

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hahahaha... chicken soup early in the morning..
lsmpro80
post Aug 5 2009, 10:09 AM

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QUOTE(aurora97 @ Aug 5 2009, 10:03 AM)
While u sip on your hot latte and holding on to ur blueberry or IApple phones...

why not read up?

courtesy of MayBanK
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Soo Glad to have things like that to read.. Thank You so much aurora


lsmpro80
post Aug 5 2009, 10:27 AM

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QUOTE(chyaw @ Aug 5 2009, 10:20 AM)
M2U always give -ve view on O&G counter...
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each will have their own findings.. laugh.gif ...

lsmpro80
post Aug 5 2009, 10:38 PM

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QUOTE(AdamG1981 @ Aug 5 2009, 10:22 PM)
Right, that's why my analysis is different for long term holders. A few days back, i have mentioned, contra players should cut loss before a leg down. My pov only serves as an advise. So if my analysis differs from your investing strategy, feel free to ignore it. I'm just helping out.
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great !! cause i welcome a lot as the strategy is a little unique than others..


Added on August 5, 2009, 10:44 pm
QUOTE(zamans98 @ Aug 5 2009, 03:34 PM)
fark, all red.

Luckily I dumped all KNM, cut loss. If Sell now, sure nearing 1300!
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300 lots.. in one shot you dumped all ? why didnt average down later?
There wont be a fast climb back for knm ?



This post has been edited by lsmpro80: Aug 5 2009, 10:44 PM
lsmpro80
post Aug 5 2009, 10:45 PM

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darn.. DJIA is red carpeting the whole world now.. is going to be a tough journey for this week
lsmpro80
post Aug 5 2009, 11:01 PM

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QUOTE(jasontoh @ Aug 5 2009, 10:50 PM)
You just bought recently?
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nope.. smile.gif .. i dont know how to trade DJIA yet. besides those counters are based on US currency some more..
much complex than local bourse


Added on August 5, 2009, 11:03 pmAny good news pending for mmccorp ? seems to climb up fast ..

This post has been edited by lsmpro80: Aug 5 2009, 11:03 PM
lsmpro80
post Aug 5 2009, 11:18 PM

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QUOTE(danmooncake @ Aug 5 2009, 11:06 PM)
Actually, local bourses are more complicated that US stocks.  biggrin.gif

US got more choices. If you are bullish investors.. simply buy one of the Index Funds and keep for
long time.. sure winner when the economy recovers.  rclxms.gif

BAC is a sure buy from here, it can go to $20+ next year.  There's a LYN member who bought BAC at $11-$12.
He's laughing to the bank now.
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oh... but how do i begin.. i am a to-be fanatic investor.. any sites or place that describe i detail for better understanding ? or any topic in the forum is leading to investing DJIA ...

Coz for local bourses all i have to do is to setup the CDS account and start trading with a selected trading investment bank.. rclxub.gif


Added on August 5, 2009, 11:48 pm
QUOTE(cherroy @ Aug 5 2009, 11:16 PM)
I knew a lot of people (local banker help them to purchase) bought Citi during 1x.xx as well (after plunged from 40-50), but they are cursing now.

Choose the wrong stock, even though market recover, your stock might not. This is the classic example we need to choose the right stock. Even market super bull, your stocks doesn't, still at square one.
That's why don't look at indices, look at your own stock. Only look indices if intend to trade on it or buying ETF based on it.

Having said that, the whole world always look at indices to judge on.

Actually if no clue about individual stocks, it is better to invest in indices instead of blindly choose a few stock. You have much better chance of gaining than choosing stocks simply. I fully agfee if want to bet on recovery, buy the index, much simpler way.
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Affirmative !!!

This post has been edited by lsmpro80: Aug 5 2009, 11:48 PM
lsmpro80
post Aug 6 2009, 09:28 PM

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QUOTE(zamans98 @ Aug 6 2009, 09:22 PM)
in Malaysia, we have 3 animals who control the market.

The rest of the world will have either BULLs or BEARs, but we have extra players called MONKEYs

Bulls charged until it get tired and then rest. Bears on the other hand keep eating until full and go to sleep.

But monkeys are everywhere. Just give them banana and they will perform magic for ya!
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True True !!! hahaha.. so what say you for tomorrow prediction ?

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