think of selling all this afternoon. LOL... i wonder if I should sell defensive stock like TM, GENM, MAXIS...

dancing to your drum and fireworks now....

waiting for 1350 ....

i got money in USD. Meaning keep it first there lol... since I want to go hong kong next year.. probably I should use USD to hedge against MYR to HKD.

oh you miss the trap yesterday...

I did too.

I believe Indonesia stock also overvalued.

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Added on September 22, 2011, 10:20 amhttp://nexttrade.blogspot.com/

Genting broke its long-term uptrend line in August
Genting touched a low of RM9.02 this morning. However, it must be noted that Genting has broken below its recent strong horizontal support of RM9.40 just two days ago. In fact, Genting broke its long-term uptrend line at RM9.70 in late August. All in all, the chart for Genting is bearish.


Chart 1: Genting's daily chart as at September 22, 2011_9.30am (Source: Quickcharts)


Chart 2: Genting's weekly chart as at September 19, 2011 (Source: Tradesignum)

Note: I am posting on this bearish signal on Genting because a few readers wrote to me about it. A few clients are also very keen on buying and I advised them to hold back or go slow on the buying. I will not post on every bearish chart because I feel it is poor sportsmanship to beat up a dying horse. In the early days when the market was breaking down, I need to post on some bearish breakdown to get the message across. Now, I don't see the need to continue doing so.

This post has been edited by gogo2: Sep 22 2011, 10:20 AM

omg, HSI lausai like crazy:

18,164.28
-659.89 -3.51%

Sound like easy to play. Got any tactic that will not lose money on FOREX?

aiya, even if tonight technical rebound, next day or next week will go down some more with Greece news. Its almost end of September. October bleakest month for stock market is coming.

HIDE! HIDE! HIDE!

no need to tremble. Monkeyking sifu is here. Anything find Monkeyking can liao.

p/s : monkeyking bro, i just joking ya.

especially our stupid government do nothing to prop up the economy. They just use money and money to rebrand themselves to the world and then catch all opposition leader.

BUY BUY BUY

HOLY MOLLY..

LAUSAI TO THE EXTREME:

18,101.36
-722.81 -3.84%

bear coming attacking

come come buy 4d lottery

just now GENTING broke 9 psychology level. 8.91 now. Reaching RM8 soon.

Updated front page to reflect our celebration.

Syndicate push down price so that they can buy back at lower price.

Means FA no good. TA the best?

With all this Greece, Italy and Spain debt problem, Malaysia got debt also. Got problem or not ar?

Debt - external: $72.6 billion (31 December 2010 est.)
$67.4 billion (31 December 2009 est.)

This post has been edited by gogo2: Sep 22 2011, 01:49 PM