ah that explains.

When will short sell resume? Then market will tumble when allow?

Negligible foreign fund participation.

Bursa is already near dead before covid, honestly not much room to go down anymore.

We have been in decline since 2014.

not really. 2017 was good

Enter a bit.

Last buy was in end March. Now wait for end of this month or more likely May to buy into the market again.

What weed are you smoking? KLCI hit its highest levels and we were on our longest bull streak before PH took over in may 2018.

whats the percentage of probability of happening a 19th March dive again?

The % is quite low if there is no extra-ordinary news or event occuring.

The Covid issue is more and less baked into the market already.

Market fear the most of uncertainty and unknown, typically early March, total in dark, how Covid issue would be unfolding, and unknown how various gov will react, and unknown how impact the economy.

Once the massive stimulus injected with more and less Covid issue being known, market rebound from the bottom, likely flattish for sometimes.

Once market has better clear picture, normally it calms down.


This post has been edited by cherroy: Apr 16 2020, 02:56 PM

well said. Just that i miss the sale, didnt invest any. Of course I hope the market will be calm and smooth sailing.

You ask why is our index green, so i reply we have been trading sideways for a long time, hence not much room to drop.

Are you sure its highest before may 2018 ? I was sure there was a time we were looking at breaching 1.9k level. After that period, the hope for 1.9 is gone.

When you say longest bull streak it's cause we din't summon the bull with a 20% drop from peak. But lets not forget it drop 19% from peak during 2015, 1% shy of bear territory during the oil crisis.

I think you might have confuse the overall index with construction counter which are performing well prior to PH. But overall index has been disappointing since 2015.

What is with the sudden rally/increase?

Now the analysts say the rally is because of the China stimulus.

At the end of the day, nobody really knows anything. A random walk down KLSE street.

Well you're right,

all these analyst keep saying things then u-turn

last I heard was a bigger drop compared to the march drop, now analyst say rally?

Why pump? Because more buyers than sellers.
Why dump? Because more sellers than buyers.

These 2 are the most certain reasons haha

This is basic analogy haha, we want to hear analyst POV.

I think klci peaked at 1886 in April 2018, a few days before the GE

We can still have a more gradual decline.. A one step forward two step back kind of thing.

Hello sifus,
I'm new in this trading world. Can you please recommend some good websites for stock screening (i want to be able to plot my graphs and boxes). If there are any free platforms would be awesome! Thanks in advance

Tradingview
Can use for free with limited indicators and only 1 saved graph.

To search klse stocks, type MYX: followed by stock code.
Example MYX:HARTA