my personal opinion.......
market js grossly oversold.....
due for a strong (but rollercoaster type) technical rebound
however......immediate term....SELL ON STRENGTH !!!
imho....the worst is not over yet !!!
but could be quite near

as expected.......we've started a "yo-yo" technical rebound......
those bold-hearted or 'diehard' would nibble here n there
but at the first sign of "gostan" they would "kuat kuat lari"
actually.....this kind of market is a trader's heaven (they buy-sell,
sell-buy, buy-sell many many times!)
imho........the downside is still there but quite near
even if this rebound can rebound very strongly, at the most it could
last a couple of days.......
reason...........i'm still waiting for a "selling climax"
to me yesterday volumes cannot constitute as a climax yet !

our weak Ringgit is one of the culprit BUT not the main reason
too many to list..........
anyway....just "enjoy" the "rollercoaster" ride first
let it stabilize
like I've just mentioned......
this is a trader's heaven......
they "in-out" so many times and so many counters
to them this is "nirvana"

looking at the market, this technical rebound still got some "legs to kick"
unless later afterwards when the "kwai-lohs" (read : European and US)
woke up from their sleep they placed too many F4 orders !!
oh.....to some of the brokers.....F4 means SELL whereas F1 means BUY
still jittery but to be honest the technical rebound too slow n boring

Wah.......the mood so fast change.......
suddenly everybody seems to be overly exuberance !!
HaHa !
WELCOME TO THE STOCK MARKET !!

i agree the rebound would continue until tomorrow .......
unless of course DJ tonight gave back what was reaped yesterday!
Good Luck everybody

as expected market is jittery at the moment
if you feels uneasy..........locking in the "profits" of yesterday
might be a good idea
my personal opinion....this rebound still got some uplegs left
the choice is yours

sorry.....i don't wish to damper too much of your spirits
however........SELL ON STRENGTH is still my short term advice
but, having said that, there could still be a bit of legs left in this
TECHNICAL rebound !
i still believe this is just a technical rebound to adjust the grossly
oversold market
short term don't look too pretty (YET !) to me
it's your take.......

fyi, long term i'm very BULLISH
it's the immediate term that's not glowing...
too much worries and uncertainties....
GREECE!.........spain!.....US themselves....China overheating!....etc,etc
mountain of worries and problems
but all these are opportunities !!!
so if you can ride the short storm(s)
BY ALL MEANS.......BUY !
talking about China......imho there are no worries (at least to me!)
most of their so called problems I believed were due to the misgivings or the misperceptions of the "kwai-lohs"
they can take care of themselves !!
i've to give credits to the Chinese govt (they know how to "cool-down"
certain sectors of their economies as not to create any "bubbles"
furthermore.....you can say China would lead the world into the future!
so.......if you (or whoever) can ride all these mini-storms go ahead
INVEST......INVEST.........i mean invest....not speculate!
is the immediate term that's not so rosy...........yesterday and today
(or perhaps tomorrow) to me is just a rebound to "close the oversold gap"!
btw.....i'm not a trader and i'm NOT in the market...........
fyi........i've (inc my immediate family members) NOT owned a single
stock for the last ten years!!
i'm just giving advices.......
to me stock market is the BIGGEST CASINO !!
esp to all the youngsters DON'T BE TOO GREEDY !!
play play ok-lah............but DUN PLAY PLAY PLAY n PLAY !!
sometimes you cannot go against the trend!!
herd instinct !

Dun worry, they won't reach South Pole
at the most it would reach Down Under !!
anyway.....let the market find its own level
nobody can predict !!
Time machine or God cannot help !!
Only You can help yourself !!
immediate term i'm bearish
but long term VERY BULLISH !!

still maintaining my SELL ON STRENGTH preaching
this technical rebound look highly likely to fizzle out soon
sorry....but be careful.......

PNB did not announced much in the SPSetia case except the pricing, blah blah blah
they are leaving everybody speculating of their intentions and reasons
incl the Setia's board!
they are clever....but if you look at it at the moment...to me is a "hostile"
takeover considering the pricing
SPSetia is one of the better developer in the country !
previously Sunrise was another good one....also kena "walloped" in the end
Sigh.........

Current technical rebound's over !!
Period.
Have a feeling we could be revisiting the current "lows"
soon unless rest of the world can "bottom-ups"
GE13 ?
Do u all really think it could help to "shore up" the market ?