Heavy selling queue for genting at 5.50, 5.55, 5.60. better not to go in yet.
even would go up also not much

even resort is at free float price at 2.92

Today belongs to 'Lion' day, LionDiv, LionCor, LionInd, all are being 'goreng' but volume is so so only.
Something brewing behind?

liondiv yeah yeah yeah.....!!!!

sigh, how low can Resorts go? $2 kah?

Tomrw petrol price hike protest. Get ready to get wet in KL and ur pants this Friday in KLSE

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Added on June 11, 2008, 5:06 pmLSteel not much goreng though

This post has been edited by dsugums: Jun 11 2008, 05:06 PM

liondiv vol should be considered high liao rite if compare to its normal trading vol....
who know the story behind?

as well as story behind resorts... the price go so low... reli privitise tis time?

lion rulez ......

yahlor, my LIONDIV roars!

and poor thing RESORTS, 2.90 only

Hope the lion does not meow tmrw. When up too much last 2 days

Anyway, me already cabut at 1.50 If tmorw still lion dance, can go in somemore

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Added on June 11, 2008, 5:21 pmResorts need to cut lost yesterday at 3.00 frm 3.04 Maybe a very wise decision, only lost about RM500 If waited, maximum koyak today

This post has been edited by dsugums: Jun 11 2008, 05:22 PM

awww, either lion meow or lion dance, tomolo we see la

p/s: me see with one eye closed, not expecting anything tomolo

Liondiv heavy resistance at 1.60. Still can play until 1.60. If can break, then all the way to 2.00, but I doubt Malaysian politician will keep their blady mouth shut to keep the stocks rising. The stock showing a very long white candle which is not good at all. Tmorw might jerk up to 1.60 before tumbling down.

Now change strategy day trade or at most overnight. Too risky to keep the stocks overnight nowadays. Better earn peanuts then lose the pants next day.

This post has been edited by dsugums: Jun 11 2008, 05:38 PM

keep for long term also scare for blue chip. have to take years or a miracle rebound in order to recover back.

every level break even even also koyak. reserve also cannot tahan. go in drop some more go in drop

Wonder how those with margin accounts holding on.. Shares keep coming down like nothing only.

any1 buying genting-CJ??
closing 0.010

today lowest 0.005

buy 100,000 lots oso RM500++ only, anytime can make double and triple, tempting

The Fed Beige book is being released at 2 am tonight.. (while i be waiting for Portugal vs Czech) and the words will be scrutinized closely by investors. Right now, investors think the US economy might dodge the recession bullet, but with signs of stagflation looming, many are scared to invest their money in US equities. Also, on another note, the crude inventories is going to be released at 10:35 pm tonight, i am expecting a fall in inventories of 2 million bpd. anything highter than that, we might see a rapid spike in crude prices again.

IF both reports are indeed "scary" for the investors, we might see a fall of 200-300 points. To avoid a big drop, the FED has to convince investors that they are not planning to raise rates soon but there have been huge bets pointing to a 75 basis points increase.

Take a look at US Treasury 2 year, its now 2.09%; and US dollar has rallied to 1.54 against the Euro after Ben's gungho speech. I am afraid Malaysia will have to follow suit; as UK, US, China, Australia had all reported acclerated CPI/PPI.

US CPI / PPI this friday. FRIDAY 13TH !!!!!!!



This post has been edited by AdamG1981: Jun 11 2008, 08:04 PM

lol, was queuing for it , but not successful. Me got the airasia-cd for 0.005 , hoping to triple soon, i felt it is pretty secure cause still got 100+ days and no more price to down

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Added on June 11, 2008, 9:16 pmlol, also pick up some bjcorp and ioicorp-ch. Shopping mode today

This post has been edited by chen9wei: Jun 11 2008, 09:16 PM

Well describe! Good...
Looking at DJ chart, seem it is heading south/downtrend.
If u didn't mentioned Friday 13th, i almost totally ignored of it. Now, it increase my bet that this Friday will be BLACK FRIDAY.
Tomolo and day after will have plenty of reports coming out. Main report: Retail sales data(tomorrow) and CPI(this Friday)
Waiting DJ to drop till below 11900. Strong supported at 800MA.

Is it ? I should postponed my shopping spree.

Is there any possibility the US government will intervent and limiting the people to buy oil futures?