Look at the sell queue at MEGB. 10,000 lots waiting.
Edit: OMG somebody just sapu 10,000 just as I was finished typing. And then another 10,000 queue again. hahahahaha. If dun sell today, then tomorrow will get a lower price. So the seller desparate to sell.

This post has been edited by simplesmile: Sep 20 2011, 04:55 PM

it could be a show for the ikan bilis to see. see whether the ikan bilis take the bait or not, thinking that there is shark buying.

No. They only spent brokerage, stamp duty and clearing fee.
The money they used to buy will go back to themselves, if they are selling from right pocket to the left pocket.

What I mean is, they could be trying to trick the ikan bilis into thinking that there is strong support at 1.12, when in fact it is themselves buying their own shares.

maybe tomorrow klci break 1400

I'm 100% cash now. waiting for klci to break 1,200. it'll come. europe recession is here.

Don't think so. People already learned that the stock market will bounce back from 800 to 1,600. The people standing on the sidelines will snap up the stocks before it even reaches 1200.

That's called a dead cat bounce.

I'll probably wait until the PIIGS default, or Europe comes up with a solid plan to solve the debt problem once and for all.

Finally... Public Bank falls.

Last year prices = 2010 prices.
Lets wait for 2009 prices.

PANAMY nearing 18.00. Think it can go lower due to the less profitable product mix and higher costs due to Japan supply chain disruption

PANAMY below 18.00

2008 lowest is 800 points...
Another 40% drop in the coming weeks?

I am going to be rich if KLCI really drops to 2xx points

This time may need more than 2 years to go to new highs. Because during 2008/2009, the Central Banks reduced interest rates. Governments like US and China pumped in money via stimulus plans. This time... the interest rates are near 0% and cannot reduce anymore. Governments also have so much debt, difficult to announce new stimulus plans also. It could take maybe many many many many years.... like Japan.

OSK asking ikan bilis to buy, because somebody wants to sell.

Your bear looks so hungry. Scared the shyt out of me.

Yea. Sold off all my MEGB. But forgot to sell AJI and Deleum. But is OK, only holding a bit here.