i also smell burnt dollar.

Actually KLSE quite stable.
Can you imagine if we dropped 5% or 6%?
Where would that put us on an index basis?

with EPF, PNB, Tabung Haji, Tabung Tentera, controlling most of KLCI, it is less volatile imo..
i think by 3% they will Halt trading liao... LOL

dow future -77

Indeed.
On a happier note - we have some nice divvy cheques to come from DIALOG I think.

2.4 sens iiam.

See anything worth buying??

not low enough as compared to monday.

Yeah!
Better than a kick in the pants...

I quite agree with Mopster...Hahaha

We have powerful people holding lots of interests here....So, i think dropping 5-7% would be prevented by our own Agensi Pam Perlindungan.

Aiyah....this from Bloomberg....What a lousy Iron & Steel company in China....Cause worldwide & regional sell off. But if give us opportunity to BUY.
Hahah

Quote from Bloomberg:

European and U.S. stock-index futures fell and Asian shares retreated as China’s Maanshan Iron & Steel Co. posted a second straight half-year loss and copper dropped. The Shanghai Composite Index entered a bear market.

Maanshan fell 7.7 percent after announcing a 795.4 million yuan ($116 million) net loss for the first half. BHP Billiton Ltd. slid 1.5 percent in Australia as lead, tin and nickel slipped on the London Metal Exchange. Telekom Austria AG will probably move as profit at the country’s biggest phone company trailed analysts’ estimates for the second quarter.

Futures on the Euro Stoxx 50 Index slid 0.7 percent at 7:52 a.m. in London. The U.K.’s FTSE 100 Index is set to open 24 points lower, according to inter-dealer broker BGC Partners. Standard & Poor’s 500 Index futures expiring in September slipped 1 percent, while the MSCI Asia Pacific Index decreased 0.7 percent.

China’s Shanghai Composite Index fell as much as 5.1 percent, a 20.5 percent retreat from this year’s high on Aug. 4. Maanshan dropped 7.7 percent to 4.80 yuan. A slump of at least 20 percent on an index is commonly defined as a bear market.

Worst Drop

U.S. and European stocks rose yesterday, helping global equities rebound from the worst drop since April, following better-than-estimated earnings at Home Depot Inc. and Target Corp. and an increase in German investor confidence.

BHP slid 1.5 percent to A$36.71. Copper retreated 2.3 percent on the LME.

Telekom Austria may move. Net income dropped to 82.3 million euros ($116.5 million), missing the 84.1 million euros estimated by analysts surveyed by Bloomberg.

Everyone gone very quiet...wonder if half the forum in Gleneagles with heart attack......

busy buying

ytl power keep droping, why

This post has been edited by espree: Aug 19 2009, 03:31 PM

I'm waiting for Latexx to drop more... Then I'll switch my Mulpha to Latexx.

i wanna buy Latexx too! maybe tomolo.

Why not, I can sell Tanjong at 14.30 as well still getting decent profit out of it which just bought last month or so one, not to mentioned 20+ cents dividend already in the bag already.

So there are still lot of people can sell if they wish to or scare one.

Yes, there is little chance for KLCI to drop this kind of level, as local taikor will come to cushion the drop. Only fierce selling by foreign investors (like 308 last year), by then they only cannot cushion it.

Still Gleneagles meh? Oni can afford General Hospital la like dat

No action liao! my M2U system can't buy/sell now

i thought thursday shud be up haha

308 ....

beh tahan seeing RED everywhere.

I'm calculating : either to Cut Lose or HOLD.. Hold must comes with CASH $$$