I did too.

FIXED.
Malaysia boleh except fundamentals!
Kerana Ti ade Audit! Semua nya OK!

This post has been edited by DarkNite: Sep 22 2011, 10:15 AM

Oh my Genting...

let's pray for the best...

Bro, how's forex?
Play KLSE eat air and blow bubbles these days!

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

The beauty about forex is we can short it, sell first even though we don't have that currency pair. So, forex is fine, in fact I did better because of the current sentiment that drives the volatility. Like the past 12 hours, EUR/USD went up to 1.374x before southing all the way to 1.357x, about 180 pips differences, which is very good. So take the money to save my stocks, keep averaging down. So I have a mixed feelings during current market sentiment.

omg, HSI lausai like crazy:

18,164.28
-659.89 -3.51%

Fed meeting tonight at 2 something am at our time. Might turn out to be a nice play. Some sharp move is expected. Either it is long or short USD depends on how's the outcome of the meeting lo....

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Added on September 22, 2011, 10:23 amDon't forget EUR/CHF yesterday. 100+ pips within an hour.

This post has been edited by ivan1128: Sep 22 2011, 10:23 AM

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

Thanks for the reminder on Genting. Actually this is a good counter to pick ...err...invest long term like decades.

Indonesia have more favorable conditions for business and growth, which is why it is also attracting lots of foreign investment. If their gomen seriously control corruptions and improve infrastructure, they will fly to the moon and we will be sending Malaysian there as maids and construction workers!

yesterday os 2nd day meeting? so no more chance tonight?

KLSE still looks very expensive.

Bila cheap sale? 1200? 1100?

boh liao~~ unless Uncle Ben sifat itchy make special annoucement... which i think is not happening..
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~Today HSBC Cheena PMI!!! gimme a bad number plz! hohoho.. China manufacturing survey preliminary results fall to 49.4 vs. August's 49.9: HSBC
~EU will selldown on open..
so together bad flash PMI + eu selldown.. we can easily guess what's gonna happen in 2nd session later

This post has been edited by mopster: Sep 22 2011, 10:37 AM

Genting break RM9.00...............no QE3, FF keep pulling back

KLCI will break 1400????

tonight holland again?

all are question mark

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Added on September 22, 2011, 10:36 am lol, no only 2nd session................maybe will keep bearish quite sometime

This post has been edited by StupidGuyPlayComp: Sep 22 2011, 10:36 AM

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!

not much to expect bro....just hang on....

it's not easy at all. Haha. Can die faster than stocks if you simply play.
Tactic that wiill not loose money? Haha. U got remember to teach me ya.

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Added on September 22, 2011, 10:37 amYalo. really no mood nowadays.
Wait my dear smartag to shoot up nia. then can treat myself some KFC.

This post has been edited by ivan1128: Sep 22 2011, 10:37 AM

Low get lower.