SUPER RED tomolo; time to SHORT (index)

Stock mana bole short? LOL

Ya! Red Army is here!

Is it just me or has the edge's website been hacked into?

Looks ok from here..

http://www.theedgemalaysia.com/

They probably must have fixed it already.
Either that or I need a new pair of glasses.

You're right. Google cache says "Re0wn3d by: -=v4lc0m87=-" from Indonesia.
Merdeka Day Hack..

wow, RED army is really coming. Still waiting for my shares to be unload.

Just managed to unload SEALINK. the rest still pending..

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Added on August 31, 2009, 9:08 pmYou're were saying?

China SSE really tanks hard.. man, close to 7%. Price too high.. must go down.
China stock market is more volatile than NYSE now.


This post has been edited by danmooncake: Aug 31 2009, 09:09 PM

Can't imagine what will happen to MSPORTS and XINGQUAN tomorrow.

Finally the BEAR r out perhaps for a few months!! the BULL r out of breath already...

sadly, our gov decide to increase petrol price from MIDNITE tonite + the Electricity bill comeout higher as a Merdeka gift ....

it could be a sign to M'sian ppl for the next gen election.. (anyway Japan did it today)

Well petrol price is cheaper by 5 cents. It just that petrol quality is lower,RON95 instead of RON97
We just can minimise the BN majority but its hard to bring it down.
There many ppls out there greed with some small "gifts".
(ps: money politics)

the market will be getting heavy sell down in coming weeks, due to

1) political instability (mca case), N will hold election and delay as long as possible.
2) dj bad sentiment and correction to world stock markets.
3) trading volume low due to ppl need $$ for raya.
4) oil price increase to rm0.05 more compare to expected. ron95 unable replaced ron97 fully.
5) h1n1 and personal credit issue slowdown the expense in 2nd half of the year.

How about:
a) The govt hasn't told the true about unemployment or true GDP since we're not out yet from the worse yet.
b) Thousands more will be unemployed by year end, business will be down, crime goes up.
c) US/Europe continues to reduce orders from Malaysia- exports will continue downtrend.
d) China recovery isn't helping Malaysia as she hoping to do.

the chances is very high, september trading pattent will repeat the bottoming like wat happen in this march '09.

"V" (march - aug) and "V" (sep - ?) shape is likely to form tis year.

how low will CI fall? 1100 pt?

Looks like almost everyone's comp screen will be BLOODY tomorrow

1000 - 1050 >> if the worse is happen

When everyone is expecting the share market to drop 2morrow...it may end up, Green...especially in bolehland

We need for more blood for true correction.
This is not correction yet. Just a minor pullback @ NYSE.
But, Oil now pullback below 70.

In China, they truly has correction because already -21% since the high.
Whoa! Those traders there are getting slaughtered!
If they continue another downtrend tomorrow, they will fall through 2500 support level.

Do you have any concrete documentations to support this estimation?

Well, every recession takes time