Seems like quite a big drop in the morning, sell off in banks are high. But there's hope that it will not be that deep into red in the afternoon.

Opportunities galore... But these are only for those who are prepared with bullets...

NCB
Final Divy 10cent
Special Divy 20cent

I'm with teehk on staying at the sidelines.

I read some news the BNM planning to increase banks SRR rate another 1% from the current 1%. I think banking stocks are gonna drag KLCI down to deep longkang this morning.

then may reach 1490

more red

Sheet, im panic now

Haizh.. Reaching 5% paper loss
Big time for me now..

Me, I just keep what ever at paper lost, Only cut lost when the company is really in bad shape.

1380 coming

Sorry what I wrote only applies to CIMB . Trading value at RM 5M, 5 mins into the day. The other banks dropped due to trading made at lower price.

If you bought into good company, you dont have to panic.

today's technical support should be 1499.4 based on 120d SMA.

last time when i say sell on rebound, i remember someone say i am stupid, hehehe

any reason using the 120 days MA ? why not the standard 50,100,200 ?

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Added on February 23, 2011, 9:15 amyour (5)% for penny stocks is be damn good lio.

This post has been edited by GregPG01: Feb 23 2011, 09:15 AM

I am with you too.. Not much bullets left is the reason...

5% is dam good? Lolz...
The leader of the loss-> Ramunia, Scomi, Scomien.. Haizh..

This post has been edited by Bonescythe: Feb 23 2011, 09:20 AM

oh i use 120 instead of 100. i think its just a slight tweak that better explains the trend. how to put it.. uhhh, its like some times they trend with the 200d, sometimes when bullish they trend with 20d, etc.

like slowly climbing back, please stabilize

you play penny stocks? why so worry?