im not sure about that but i do think it could be true since quite a number are taking unpaid leave and some are even quitting their job for a month just for it

wow, quite job 1 month unpaid just for world cup? need meh?

but well, I ain't pro but .. if there's some spoiler match I can safely say the market is gonna be quite active AFTER the world cup ..

lose bet, forced to sell stocks cheap to cover, then stalkers will be seizing opportunity to buy buy buy.

just a plain guess.

paper say 1 ah and i think its true la

I don't think that the market is affected by World Cup.

Analysts can come up all kind of reason to explain a market phenomena otherwise they won't have a job to do. When market up time, they said the index will shoot over 1000 (also few said 1200! simply hit a number one) by year end, now market more subdue time then said WC coming:stars:

A number of local analysts are unproffesional at all, talk like 'kopitiam', don't have some sense of responsible at all.

All shares price is based on their valuation, when company is doing good and making good profit then surely people love to have it and buy it that's why it goes up. While when company is not doing good (like MAS and Proton) then there is no reason for investor to buy up their share. So whether the index will go up to 1200 or whatever level, it must be looking back how the index linked company are doing and their future as well.

Indeed, many did say it will surpass 1000 and even more by year end... Didn't we hear that last year? So yeah agree with cherroy on this.

However, somehow, I do believe sentiment will be affected during the WC.
I did not look into it much but historically my clients tell me that during WC, market would be very quiet and the index usually seen sliding. Did a check on year 2002 WC month and market did come down. We'll just see how it goes. Guess this'll be a good experience for me

Another thing is the new FTSE. Any ideas how it works? Also, anyone knows how does DAX works? Anyone trades overseas market?

no matter what i still believe in 1 thing that there is a very high possibility that the CI will hit new high next year

forget about the future,if CI cant at least break the 951 level within this week,i think the chances of an upward trend is very small.

Technically the KLCI upward trend (5-6 months) has been breached. Also the market is not so optimistic for its short term trend whereby futures for next month (jun) is trading at a huge discount of about 20 points.

Once again the Dow took a dip erasing its previous days' gains. Massive selling are seen worldwide.

Bourses around Japan, Singapore, Indonesia and India are seen crumbling. As for HK and Korea.... Public Holiday...

Scary... June's futures massive discount.

so after all.. wat kind of investment is recommended for limited modal?

contra trading

wah can die one leh having the impression of "dun need to spend money to buy/sell stocks" is dangerous, for me lah at least

what if contra loss?

run away? lol

ugh..bloody CI,was dropping almost 10 points in the morning and afternoon.Then all of a sudden shot back up making dropping 2 points only lol

This post has been edited by mobiusone: May 31 2006, 05:18 PM

i love to do contra trading

where need to run 1 just pay up lo.... btw never done a contra loss before

At the end of the day, it's still a DOWN day for KLCI.

WTH is contra trading and contra loss?

i want to ask something.... is it relevent to use S&P 500 index here at KLSE? is there any connection between S&P 500 and KLCI? one more thing about this phrase what is it mean? can someone elaborate it for me

Contra trading is buying stocks but selling it before the day u have to pay for the stocks. No monetary transaction involved in Contra trading except for the profit ppl pay u and the loss u pay ppl at the T+3 day.

In Contra trading, if u can sell the stocks with a higher price than ur buying price, then u dun need to pay anything, u'll just be paid the profit, and the otherway around for the loss

So, the risky part is when greed steps in.. co's it's giving false image that no upfront money is involved, u can buy like .. a lot more stocks (more than u can actually afford with ur available cash) and sell them at higher price and make bucks, but also could lose so much that u cannot afford to pay back the loss.

pls correct me if I'm wrong

p/s: Darkmage12, not everyone is allowed to do Contra trading right? that's what I heard, is it true? If so what's the condition?

This post has been edited by LanEvo7: May 31 2006, 06:28 PM

issit so? i not sure about that wo....i go find out and see