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

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David_Brent
post Jul 29 2009, 02:58 PM

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QUOTE(teehk_tee @ Jul 29 2009, 02:53 PM)
ok, i've changed my outlook, market sentiment's gone really south. there's a lot of volume dumping today. my best guess is retail investors and contra traders all dumping. conspiracy theories suggest EPF's dumping to revise their positions.

speculate speculate brows.gif
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Do you think the cavalry will come riding over the hill around 3.45 to save us or are we all DOOMED? shakehead.gif
teehk_tee
post Jul 29 2009, 02:58 PM

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QUOTE(jasontoh @ Jul 29 2009, 02:54 PM)
Ei....it seems to me like every Wednesday-Thursday timeframe, we will see people throwing.
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but usually volume's quite thin.
jasontoh
post Jul 29 2009, 02:59 PM

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QUOTE(zamans98 @ Jul 29 2009, 02:56 PM)
wow, heavy reddish on my portfolio.

SCOMY, SEASUNK. LIONCURAP all down..
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Seems like your portfolio is all high risk
chyaw
post Jul 29 2009, 02:59 PM

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You just need to wait for the shark to dump its shares. Currently, it is still not in action yet...

QUOTE(mo_meng @ Jul 29 2009, 02:57 PM)
im waiting alam to come down .. sorry david happy.gif


Added on July 29, 2009, 2:58 pmif drop than drop more so i can accumulate more ..
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protonw
post Jul 29 2009, 02:59 PM

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QUOTE(mo_meng @ Jul 29 2009, 02:57 PM)
im waiting alam to come down .. sorry david happy.gif


Added on July 29, 2009, 2:58 pmif drop than drop more so i can accumulate more ..
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Me too. When go close to 1.50. hmm.gif

Dont know whether is a right move to buy back Genm now at 2.89.


fergie1100
post Jul 29 2009, 02:59 PM

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crude oil dropped pretty bad as well...... still i think it's just sum healthy correction... after all the market has been up & up smile.gif
David_Brent
post Jul 29 2009, 02:59 PM

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QUOTE(mo_meng @ Jul 29 2009, 02:57 PM)
im waiting alam to come down .. sorry david happy.gif


Added on July 29, 2009, 2:58 pmif drop than drop more so i can accumulate more ..
*
That's OK! tongue.gif

I'll join you if it does.... brows.gif
teehk_tee
post Jul 29 2009, 03:00 PM

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QUOTE(David_Brent @ Jul 29 2009, 02:58 PM)
Do you think the cavalry will come riding over the hill around 3.45 to save us or are we all DOOMED? shakehead.gif
*
can't say for now. HSI's really gone off a cliff.

best guess is to let it retrace around its fibonacci levels for now.
jasontoh
post Jul 29 2009, 03:00 PM

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QUOTE(teehk_tee @ Jul 29 2009, 02:58 PM)
but usually volume's quite thin.
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EPF throwing as well ma, after supporting so long. Amanah also going to be deployed soon
teehk_tee
post Jul 29 2009, 03:02 PM

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QUOTE(jasontoh @ Jul 29 2009, 03:00 PM)
EPF throwing as well ma, after supporting so long. Amanah also going to be deployed soon
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yeah, you're right. i'm gonna buy in when it falls to my TP.
kroegand
post Jul 29 2009, 03:03 PM

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QUOTE(zamans98 @ Jul 29 2009, 02:56 PM)
wow, heavy reddish on my portfolio.

SCOMY, SEASUNK. LIONCURAP all down..
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the counters name make me laugh.... laugh.gif laugh.gif
protonw
post Jul 29 2009, 03:03 PM

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Maybank still as stubborn. Nothing much move............


teehk_tee
post Jul 29 2009, 03:03 PM

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lol the top 20 active stocks are all fast losing their ground.
tessei
post Jul 29 2009, 03:04 PM

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QUOTE(teehk_tee @ Jul 29 2009, 03:00 PM)
can't say for now. HSI's really gone off a cliff.

best guess is to let it retrace around its fibonacci levels for now.
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go and do FIBO level at FKLI....previously b4 FTSE quite accurate lor....


jasontoh
post Jul 29 2009, 03:04 PM

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QUOTE(teehk_tee @ Jul 29 2009, 03:02 PM)
yeah, you're right. i'm gonna buy in when it falls to my TP.
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Too bad I did not cash in last few days. Looks like I can just see while waiting for cheque to be delivered to my house
AdamG1981
post Jul 29 2009, 03:05 PM

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Anyone want to sell me kinsteel?
teehk_tee
post Jul 29 2009, 03:05 PM

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gonna buy in Sealink at 70 sens. i believe that'll be the crucial support. after all this stock hasn't risen much during this 2 week rally.
TSaurora97
post Jul 29 2009, 03:07 PM

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QUOTE(jasontoh @ Jul 29 2009, 02:51 PM)
Suddenly turn bearish sentiment


Added on July 29, 2009, 2:52 pm
Now you must be relief that your counters are holding up well
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my estimate was the KLCI was going to be volatile throughout May till Dec 09, i didnt expect July 09 for the KLCI to rally... caught me totally by suprise.

If there is to be a significant correction to the KLCI than i will be in a position of advantage... due to the fact my counters hardly move or stay where they are, of course low ABP also helps.

... lets see whether may gamble pays off..

Defensive line up
Axreit
TM
Bjtoto..

Portfolio, Paper Gain 3.0%, this morning was 4.0%

lets see what tricks KLCI gonna pull out this time.

This post has been edited by aurora97: Jul 29 2009, 03:09 PM
chyaw
post Jul 29 2009, 03:07 PM

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Are you hinting time to buy? brows.gif

QUOTE(AdamG1981 @ Jul 29 2009, 03:05 PM)
Anyone want to sell me kinsteel?
*
kroegand
post Jul 29 2009, 03:08 PM

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lionind looks juicy drool.gif drool.gif but bullet not enugh sweat.gif sweat.gif

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