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 Stock market V16, Greed when people fear!

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fergie1100
post Oct 20 2008, 10:14 AM

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QUOTE(cherroy @ Oct 20 2008, 10:10 AM)
Should have some support at around this level.  biggrin.gif
*
Gosh, 888 gonna break soon sad.gif
any actions guys? tongue.gif
Singh_Kalan
post Oct 20 2008, 10:15 AM

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QUOTE(arthas @ Oct 19 2008, 10:24 PM)
Any strong support level for KLCI?  tongue.gif
*
350pts is the immediate strong support sweat.gif tongue.gif
darkknight81
post Oct 20 2008, 10:17 AM

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YTL POWER drop below RM 1.70 LIAW rclxms.gif
smile93
post Oct 20 2008, 10:22 AM

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COMPOSITE 888.42 -16.81

very nice number for chinese
keelim
post Oct 20 2008, 10:24 AM

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888 temporary support level found for superstitious investor tongue.gif

Regional countries are moving upwards. What is pulling KLCI?

This post has been edited by keelim: Oct 20 2008, 10:25 AM
hanif444
post Oct 20 2008, 10:38 AM

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KLCI...we believe adam say 870..haha
kingkong81
post Oct 20 2008, 10:42 AM

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GAMUDA is showing the same trend as KNM previously...kena goreng?

A lot of buying...hehe


Added on October 20, 2008, 10:43 amwooo...KLCI at -7 only!!
Power rebound!

This post has been edited by kingkong81: Oct 20 2008, 10:43 AM
hanif444
post Oct 20 2008, 10:45 AM

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Gamuda look like another foreign funds throw out...my target 1.08 for gamuda...

KNM look like over already...next target will be gamuda..haha
SUSDavid83
post Oct 20 2008, 11:23 AM

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But KNM is the most active counter with the highest volume. sweat.gif
cherroy
post Oct 20 2008, 11:31 AM

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LOL, market hit 888, then bounce up all the way. 888 is a good number! biggrin.gif
panasonic88
post Oct 20 2008, 11:32 AM

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yah me like 888 too. thus me using it on my nick & email uid tongue.gif
cherroy
post Oct 20 2008, 11:45 AM

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QUOTE(panasonic88 @ Oct 20 2008, 11:32 AM)
yah me like 888 too. thus me using it on my nick & email uid tongue.gif
*
Now only realise you nick also 88. biggrin.gif

SUSDavid83
post Oct 20 2008, 12:02 PM

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It's already rebounced. Above 900 level.
dreams_achiever
post Oct 20 2008, 12:09 PM

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QUOTE(cherroy @ Oct 20 2008, 11:45 AM)
Now only realise you nick also 88.  biggrin.gif
*
single 8 can served as 2 meaning:
as rich or "busybody". hehe.
Adviseable to use more than single digit. 88/888/8888...hehe biggrin.gif

Anyway, back to share market topic.
This week seem nothing much effects from DJ side. Temporary will rise due to next week FED's FOMC report.
How's today announcement from Najib side? Any economic boost announcement from him?

This post has been edited by dreams_achiever: Oct 20 2008, 12:10 PM
eltaria
post Oct 20 2008, 12:19 PM

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QUOTE(dreams_achiever @ Oct 20 2008, 12:09 PM)
single 8 can served as 2 meaning:
as rich or "busybody". hehe.
Adviseable to use more than single digit. 88/888/8888...hehe biggrin.gif

Anyway, back to share market topic.
This week seem nothing much effects from DJ side. Temporary will rise due to next week FED's FOMC report.
How's today announcement from Najib side? Any economic boost announcement from him?
*
Announcement postponed to Nov 4
AdamG1981
post Oct 20 2008, 12:29 PM

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FKLI shows a W bottom today, 890 might be short term support. However, i will sell on the rebound since APPLE and AXP are reporting earnings today.


Added on October 20, 2008, 12:30 pm
QUOTE(AdamG1981 @ Oct 19 2008, 09:29 PM)
FKLI shows a W bottom today, 890 might be short term support. However, i will sell on the rebound since APPLE and AXP are reporting earnings today.
*
Short strategy:

Short @ 930-940

Target: 890

SL: 950.




This post has been edited by AdamG1981: Oct 20 2008, 12:30 PM
Ya Rerd
post Oct 20 2008, 12:49 PM

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Anyone grabbing some KNM cake? Is this company good for long term play? With the low oil price, its shares should theoretically remain low right?
simplesmile
post Oct 20 2008, 12:50 PM

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QUOTE(dreams_achiever @ Oct 20 2008, 12:09 PM)
single 8 can served as 2 meaning:
as rich or "busybody". hehe.
Adviseable to use more than single digit. 88/888/8888...hehe biggrin.gif

Anyway, back to share market topic.
This week seem nothing much effects from DJ side. Temporary will rise due to next week FED's FOMC report.
How's today announcement from Najib side? Any economic boost announcement from him?
*
You mean his announcement about injecting RM5b into ValueCap S/B to buy up undervalued shares? I hate it when the government interferes. Like this how to bargain hunting? Does anyone have a feeling that the ValueCap thingy is used by buddies buddies to offload their shares at a high price at taxpayers' expense?
cherroy
post Oct 20 2008, 12:56 PM

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QUOTE(Ya Rerd @ Oct 20 2008, 12:49 PM)
Anyone grabbing some KNM cake? Is this company good for long term play? With the low oil price, its shares should theoretically remain low right?
*
Yes, basically right.

KNM is involving in O&G engineering side not oil producing company like Exxon or Petronas.
AdamG1981
post Oct 20 2008, 01:03 PM

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Oil will hit 60 around this month. Should see further pressure of commodity counters.

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