some stocks the support level is just so obvious. i guess it's local funds instead of retailers.
and they just support, not moving up further. so it stays at "cautiously neutral" stage i guess.

Kena condemn
Kasi chance sikit lah bang

Let's put it another way, any forecast/prediction will never be 100% dead on accurate, so allows some significant variance. Take the average slope of the rise from March till August and draw a normalized line.


Disclaimer: Am just fooling around, not trying to prove that the chart is accurate.

I still object.......................... *larik*

staind, this is reply to your last post

Bjcorp lines have not yet crossed. Still no good buy signal.
Be careful or you can get stuck in sideways or down move.
Better upside potentials in some oil and gas counters which have
started rebounds from temporary low levels. Not chasing prices now.
Monitoring for good buy signals to collect more.

Since the previous QE 1 and 2 did make gold up and raise inflation, many thought QE 3 will do the same. Surprisingly, it didn't. Until now, I still can't figure out why. Probably because when QE 3 happens, central banks across the world are much stronger with enough US$ to neutralize the effect?

Boon gor watch too much lawyer show in astro on demand ady nowadays...

HKSE rebounds 400 pts (2%) while SSE continues dropping another 0.5%.
So China now has "departed" ? I thought China companies start asking money from HK banks?

This post has been edited by yok70: Jun 26 2013, 03:15 PM

I also object...... HAHA!

Astro prices simply too ridiculous.

No ah?

I know i know..u must have downloaded it..

This post has been edited by Madbull: Jun 26 2013, 03:17 PM

So many discussion going on

Ah boon, do u have a crystal ball to predict future market?

Wah..IOIcorp strong le..no impact at all on the negative news..

U can have good " stable " rates in Malaysia , no doubt about it , but sooner or later the liquidity crunch would take its priority .

Businesses here have or less facing this impact now.

This post has been edited by SKY 1809: Jun 26 2013, 03:21 PM

maybe can open table take bets on whether the chart correct or not.
Anyway I think China is capable of handling US QE tapering so the odds are against me.

I object..... to this question.




Waa... market now hot a bit.... got tipsy ah?

I think the gold prices hike in the last few years was not caused by QE1 and QE2. Rather, investors sought 'safe haven' when economy was in bad shape. Now US economy is much better, so investors are eying riskier investments.

Other factors:
- profit taking after years of bull run
- fear of Cyprus Central Bank selling gold
- herd mentality

My 2 sen

This post has been edited by river.sand: Jun 26 2013, 03:24 PM

Properties stock drop down a lot, u got balls to enter?

Yes ada tips, KLCI heading back to 1770 by Friday.

Still object. LOL!

Chart was already wrong for April 2013.


ps: Wanna check or debate on month for month comparisons for CLSE Pong Sway Charts the past 2 years?

Despite the construction and property booms, very little money flows to the contractors .......

I hope it would not turn out something to be bad.........

This post has been edited by SKY 1809: Jun 26 2013, 03:31 PM

Actually, businesses already slow since May...

I don't think there will be a liquidity crunch, just many investors, hedge fund, speculators too addicted to the QE already, suddenly, said QE tapering, then it is like end of the world.

US economy is rather intact, from various economy data showing. Yes, not growing robust and rapidly, but at slow and steady pace. Not in recession, not depression.

China liquidity crunch is easier to solve as compared to US subprime mess.
PBOC can provide liquidity if situation turn worse, after all, China capital market and banking is not as open and free as US. So PBOC should able to solve it much easier than US subprime version.
After all, a minor liquidity crunch may be good for long term future, by killing off persistent high inflation in China, as well as taming the loan growth that spur the inflation.

If there is severe liquidity crunch like 2008 crisis, then it may provide a second life chance to buy dirt cheap stock again.
Seldom lottery hit twice one...