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 STOCK MARKET DISCUSSION V67, Alex's 1447 or 1388.....

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firett
post Nov 24 2010, 09:58 AM

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looking at the volumes, domestic n international issues, technical analysis, Ringgit strength, etc,,,,,,,,,
it's still SELL on strength !! (at least short term!)
firett
post Nov 24 2010, 10:11 AM

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i believe.....very soon .....
all in the -ve territory (RED RED !!)
of course,,,,.....not all lah
but those punters fav ones
firett
post Nov 24 2010, 04:13 PM

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Larrylow,
if that's the case.......withdraw the bal 200sh and sell it to the buyer
sell it on the same day.....if not the following day you'll be charged another commission
but remember, it all must be done before 4.45pm on the same day!!
thks

firett
post Nov 24 2010, 04:54 PM

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market breadth slightly better 5 to 3
volume over 1 billion
not impressed....esp the forced selling that's coming 2moro onwards !!
still SELL INTO STRENGTH !!
firett
post Nov 26 2010, 03:48 PM

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i believe nobody sell on strength the other day ?
i believe the weakness would be carried through next week
looking at the market breadth and the volumes for the past week,
market could weaken further next week......at least technically
so.....i still maintain my SELL ON STRENGTH !! (at least short term)
but long term.....market IS GOOD.....
firett
post Nov 26 2010, 04:37 PM

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honestly speaking....you won't make much on PChem (at least in the immediate term)
think this way......why would someone (read : M'sia govt) list this counter right now......
simple......Govt no money.......
long term.......perhaps ya......but with market now in uncertain mood....
why think long term ?
beside there are so much better counters out there !!
firett
post Dec 2 2010, 09:28 AM

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for KNM holders,
if yesterday u've 1000 shares
this means after consolidation, you got only 250shares
u can only sell 250 shares.....and not 1000shares
what if you oversold?
you would be subjected to "buying-in" penalty on T+3

firett
post Dec 2 2010, 10:21 AM

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wyt012,
buying-in is done on T+3 morning and not on T+4 !!!
under the Bursa rules, the buyer must have their purchases in their CDS ac
on T+3

firett
post Dec 2 2010, 10:29 AM

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teehk_tee,
short selling is an offence!!
buying in is for genuine mistakes (e.g you thought you have the shares but in fact you don't have or you sold 5000uts whereas your account has 2000uts only, etc)
everybody would definitely "sell" shares in a falling market and reap profits
even after the 10 bids penalty if your "theoretical arguments" are justified,
that's why "short selling" is a criminal offence !!
firett
post Dec 2 2010, 11:05 AM

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Buying in is done at T+3 morning and not T+4
firett
post Dec 2 2010, 03:54 PM

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Alex's 1447 bila mau datang?
overnight DJ up 250pts
right now KLSE market breadth about 2:1
volume also nothing to shout about
i'm betting on a lower figure of 1447.....
bila mau datang?
b4 you know it, i guess !!

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