Hahaha GE rally in full swing.

I believe steel counters already had their turn, so did plantation which saw some profit taking today. Commerz and Maybank represent the financial side which has been boosted. Since when did Maybank ever go up so high in a day?

Construction like UEM, MRCB, GAMUDA also had their share of boosts.

Properties like EQUINE are the obvious ones linked to government, not sure about the rest of properties that didn't move as much.

Try to find GLCs that has yet to be touched or pushed up yet. SAPCRES seem like a good counter to bet on or maybe TIMECOM as well?? Don't take my word for it, make your own assumptions.

Have faith in the GE rally ladies and gentlemen, KLCI is now in it's own bubble unaffected by world events.

Though I prefer the market to crash and burn so I can pick up cheap shares.

wow good news for online traders indeed!

Hmmm maybe the pre-GE rally starts now hoping that the pre=CNY rally will follow up and then they announced the GE right after.

CNOOC is mainly upstream crude oil, while SINOPEC and PETROCHINA are downstream refiners. China is fixing the price of products from the refiners while upstream crude oil is still climbing according to market, so SINOPEC and PETROCHINA stand to lose more unless China increase the price of petrol again.

That article is just so opposite of what I think of KLCI at the moment.

HK-CW dropping badly. SINOPEC-CW affected badly after China froze petrol prices.

Don't worry, there never was a bull in the first place, just some boosting of the index. Have faith in the pre-GE rally, it will not be affected and KLCI will be pushed up again, although I couldn't say the same for other shares that aren't heavy weights of KLCI.

wah big drop today!

It seems the most of the counters that drop are those that has been pushed up by the recent rally. So most of other counters still not as badly affected.

Hang Seng open with -747

I smell panic selling soon, just like last year.

This post has been edited by skiddtrader: Jan 16 2008, 10:03 AM

It wasn't achieve on fundamentals in the first place pana, so it's obvious it wouldn't hold water when the tide is coming.

Wah you never see lasts years 100 point drop meh That one my shit also like want to come out sial hahaha

Phew, what an exciting 1st half of KLSE. -44 points or -2.96% of the KLCI which now stands at 1461.

I wonder if the 2nd half will rebound. Most likely will follow the other Asian exchanges, pre-GE rally fellas probably shat in their pants already so will most likely stay out of the 2nd half. Heh! And I thought KLCI will reach 1550.

This post has been edited by skiddtrader: Jan 16 2008, 12:38 PM

I believe it's to stimulate spending and reduce costs of loans to do business and buy stuff. But an interest rate cut will devalue the dollar which would spark inflation at the same time.

BDI dropped another 5.74%

World Stock Indices

The link above got BDI as well major stock exchanges across the world.

BDI graphs

This link is normally updated a day later has BDI graphs against some other indexes.


Sigh.... my OSK seems to be down.

This post has been edited by skiddtrader: Jan 17 2008, 09:41 AM

So OSK, RHB and M2U can't trade properly?? I'm not using streamyx leh...

OMG IT"S A CONSPIRACY!!!!

This post has been edited by skiddtrader: Jan 17 2008, 10:00 AM

From the way the stock moved, probably good news.