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STOCK MARKET DISCUSSION V98, Celebrating KLCI breach 13xx point
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firett
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Sep 26 2011, 11:09 AM
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previously KLCI dropped the least .......others dropped like "ping-ping-pong-pong" whereas we were dripping down very slowly. However, having said that i'm inclined to believe we could break through 1300 pts but the bottom is quite near.......... watch the volumes..........if it free fall WITH volumes then BUY !! but if not much spike in volumes then keep to the sidelines. Remember this word.........in times of war prepare for peace, in times of peace prepare for war !! I guess we are about to go to war !!! So prepare your bullets !!! WATCH THE VOLUMES!!!
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firett
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Sep 26 2011, 02:59 PM
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Panic selling ? Looking at the volumes..............personally NOT the right time to enter the market yet ! Volumes haven't reached the "desirable" level yet .... to me still got some downside to go....... Timing ? Let the market finds its own level........ to me one of the best barometer to enter is when PRICES ARE FALLING LIKE THERE'S NO 2MORO AND THE VOLUMES SPIKE UP SO MUCH THAT LOOKS LIKE EVERYBODY IS THROWING !!! when u see the above "CLIMAX"/'ORGASM" (or whatever u want to called it) then it's the time to BUY remember......in this of war prepare for peace!! again....watch the VOLUMES !!!
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firett
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Sep 26 2011, 03:04 PM
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High volumes mean ..........NOT ORDINARY !!! if example lately daily there were around 1.3b....then suddenly market turned south with volumes like 2.6b........... then there's THAT TIME !!!
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firett
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Sep 26 2011, 03:16 PM
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yeah.....if there's margin call......the the volumes would spike up...... however.....how bad is the margin call? to me......it's still pretty tame if compared to "bad old days" watch the VOLUMES if u intend to buy..... if volumes still not TOO HIGH (compared to lately) then SELL on REBOUND !! If volumes very very high and prices falling like there's no 2moro then BUY BUY BUY AND KEEP !!!
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