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 Stock Market V37: Return of the Bull, Part V, Bull vs. Bear

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debbieyss
post Aug 13 2009, 11:10 AM

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QUOTE(AdamG1981 @ Aug 13 2009, 11:05 AM)
I'm looking for a massive sell down to complete the correction, so far i see yesterday's volume lesser than Tuesday's volume which i think many of the ah mas still holding their stocks and not willing to let go despite the huge drop.

But judging from Shanghai intraday performance, i see another leg down. There's massive selling when China reaches positive territory, hinting maybe its previous support has now turned resistance.

Technical , and fundamental wise, capitulation will occur pretty soon. Panic selling is just a click away.
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So, am i right to say, the remaining weeks of this month isn't gonna reach 1189, which was the highest to date?
AdamG1981
post Aug 13 2009, 11:10 AM

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QUOTE(panasonic88 @ Aug 12 2009, 08:08 PM)
Adam,

how's your gf's KNM? average down or set stop loss?
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She contra off three times with all in the black. I have told her to only intraday.
SKY 1809
post Aug 13 2009, 11:11 AM

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MK Land is set to report better than expected results.

Just do not know when.
AdamG1981
post Aug 13 2009, 11:11 AM

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QUOTE(debbieyss @ Aug 12 2009, 08:10 PM)
So, am i right to say, the remaining weeks of this month isn't gonna reach 1189, which was the highest to date?
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Possible, right now FBM looks like a descending triangle, with the high getting lower daily.
David_Brent
post Aug 13 2009, 11:15 AM

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My MUDAJAYA +0.52 rclxm9.gif


Added on August 13, 2009, 11:16 am
QUOTE(SKY 1809 @ Aug 13 2009, 11:11 AM)
MK Land is set to report better than expected results.

Just do not know when.
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The fair market value of MKLand is 1.80 per share IMHO

This post has been edited by David_Brent: Aug 13 2009, 11:16 AM
SKY 1809
post Aug 13 2009, 11:16 AM

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QUOTE(David_Brent @ Aug 13 2009, 11:15 AM)
My MUDAJAYA +0.52 rclxm9.gif
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What is the news or tip ?
espree
post Aug 13 2009, 11:17 AM

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QUOTE(David_Brent @ Aug 13 2009, 11:15 AM)
My MUDAJAYA +0.52 rclxm9.gif


Added on August 13, 2009, 11:16 am
The fair market value of MKLand is 1.80 per share IMHO
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congratz rclxms.gif rclxms.gif
David_Brent
post Aug 13 2009, 11:21 AM

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QUOTE(SKY 1809 @ Aug 13 2009, 11:16 AM)
What is the news or tip ?
*
I was hugely oversold yesterday - down to 2.78. So yesterday was a good day to buy drool.gif

Wah! Now +0.66 rclxm9.gif

Now +0.71 thumbup.gif

This post has been edited by David_Brent: Aug 13 2009, 11:23 AM
panasonic88
post Aug 13 2009, 11:22 AM

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QUOTE(AdamG1981 @ Aug 13 2009, 11:10 AM)
She contra off three times with all in the black. I  have told her to only intraday.
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poor thing. but she should be glad to have you as her mentor. smile.gif

QUOTE(SKY 1809 @ Aug 13 2009, 11:11 AM)
MK Land is set to report better than expected results.

Just do not know when.
*
i put Mkland in my radar too, if market is coming down. < 40 sens.

MK Land: Confident of achieving RM1bn sales

CODE
MK Land Holdings Bhd expects to hit RM1bn in sales in the near term as it grows double-digit annually over the next five years. It expects sales to breach RM600m next year, buoyed by the Armanee Terrace condominiums and Rafflesia, two core products within its Damansara Perdana township in Selangor. The 3 major projects there, i.e. the Armanee Terrace, Rafflesia and Metropolitan Square, will generate sales of about RM3.5bn over 5 years. (Business Times)

SKY 1809
post Aug 13 2009, 11:23 AM

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QUOTE(David_Brent @ Aug 13 2009, 11:21 AM)
I was hugely oversold yesterday - down to 2.78. So yesterday was a good day to buy drool.gif

Wah! Now +0.66 rclxm9.gif
*
Strike First Prize- limit up soon
panasonic88
post Aug 13 2009, 11:24 AM

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MUDAJAYA +80 sens, wow!

p/s: should change name to "MUDAKAYA" liao tongue.gif

This post has been edited by panasonic88: Aug 13 2009, 11:25 AM
David_Brent
post Aug 13 2009, 11:24 AM

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QUOTE(SKY 1809 @ Aug 13 2009, 11:23 AM)
Strike First Prize- limit up soon
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Yup!

Looks that way.
Totally crazy..... hmm.gif
AdamG1981
post Aug 13 2009, 11:25 AM

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QUOTE(panasonic88 @ Aug 12 2009, 08:22 PM)
poor thing. but she should be glad to have you as her mentor. smile.gif
i put Mkland in my radar too, if market is coming down. < 40 sens.

MK Land: Confident of achieving RM1bn sales

CODE
MK Land Holdings Bhd expects to hit RM1bn in sales in the near term as it grows double-digit annually over the next five years. It expects sales to breach RM600m next year, buoyed by the Armanee Terrace condominiums and Rafflesia, two core products within its Damansara Perdana township in Selangor. The 3 major projects there, i.e. the Armanee Terrace, Rafflesia and Metropolitan Square, will generate sales of about RM3.5bn over 5 years. (Business Times)

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Actually, she made off with profits for knm.

Now more on fx though. Malaysian market way too slow.

David_Brent
post Aug 13 2009, 11:25 AM

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QUOTE(panasonic88 @ Aug 13 2009, 11:24 AM)
MUDAJAYA +80 sens, wow!
*
Can't keep up with it - every time I look it's gone up 5 cents brows.gif

Dropping back sharply now....that's what you call a goreng session!

This post has been edited by David_Brent: Aug 13 2009, 11:27 AM
panasonic88
post Aug 13 2009, 11:27 AM

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QUOTE(David_Brent @ Aug 13 2009, 11:25 AM)
Can't keep up with it - every time I look it's gone up 5 cents brows.gif
*
crazy liao~!

what triggered you to buy Mudakaya Mudajaya few days ago btw?

David_Brent
post Aug 13 2009, 11:28 AM

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QUOTE(panasonic88 @ Aug 13 2009, 11:27 AM)
crazy liao~!

what triggered you to buy Mudakaya Mudajaya few days ago btw?
*
Greed - pure, simple GREED! laugh.gif
VyvernS
post Aug 13 2009, 11:30 AM

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QUOTE(panasonic88 @ Aug 13 2009, 11:27 AM)
crazy liao~!

what triggered you to buy Mudakaya Mudajaya few days ago btw?
*
Lots of contracts...Bright future...

Here is a write up from CIMB.

Is TM suddenly moving?

This post has been edited by VyvernS: Aug 13 2009, 11:31 AM


Attached File(s)
Attached File  CIMB_Trader_AM_13Aug09.pdf ( 267.52k ) Number of downloads: 22
jasontoh
post Aug 13 2009, 11:30 AM

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QUOTE(David_Brent @ Aug 13 2009, 11:28 AM)
Greed - pure, simple GREED! laugh.gif
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Next time when you have this feeling on certain counter, pls post up as well, so that all of us can push the price up tongue.gif
SKY 1809
post Aug 13 2009, 11:31 AM

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QUOTE(panasonic88 @ Aug 13 2009, 11:22 AM)
poor thing. but she should be glad to have you as her mentor. smile.gif
i put Mkland in my radar too, if market is coming down. < 40 sens.

MK Land: Confident of achieving RM1bn sales

CODE
MK Land Holdings Bhd expects to hit RM1bn in sales in the near term as it grows double-digit annually over the next five years. It expects sales to breach RM600m next year, buoyed by the Armanee Terrace condominiums and Rafflesia, two core products within its Damansara Perdana township in Selangor. The 3 major projects there, i.e. the Armanee Terrace, Rafflesia and Metropolitan Square, will generate sales of about RM3.5bn over 5 years. (Business Times)

*
Thanks for the update.

Penny stock goreng could be soon back in town.
jasontoh
post Aug 13 2009, 11:33 AM

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QUOTE(VyvernS @ Aug 13 2009, 11:30 AM)
Lots of contracts...Bright future...

Here is a write up from CIMB.
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I learn not to follow the research house write up as they only follow wind. Market bullish, everything is good- more contracts, business expanding etc, market bearish, good FA counters also say bad - business might be stagnant, when company is expanding etc.


Added on August 13, 2009, 11:35 am
QUOTE(VyvernS @ Aug 13 2009, 11:30 AM)
Lots of contracts...Bright future...

Here is a write up from CIMB.

Is TM suddenly moving?
*
Don't make me happy la. When I see, only 4 cents up. I was sooo... rclxm9.gif until become doh.gif
laugh.gif

This post has been edited by jasontoh: Aug 13 2009, 11:35 AM

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