strong support by local boys showed in the klci charts. doesn't seem to move a bit.

the interest rate reduction by 25 basis point was a good move by BNM (not 2 much and better than not moving at all), expect another rate cut and this time if the support is not enuf, it will free fall. but considering so many aunties and uncle took the money below their bed and "invest" in ASW and ASN. we might just see the free fall by the 3rd rate cut.

cross all your fingers....

any stock being quote by bursa as below, should treat as gambling stock. I never buy or will quickly sell off the stock on the day of this kind of announcement. this is from my observation so far in this few years.

Unusual Market Activity ("UMA") query by Bursa Securities



This post has been edited by sampoo: Dec 9 2008, 11:47 AM

where u can c that?

in ur trading portal or bursa website.

.... PA continue to surge .... Sold too early.

PA surged 10% wow

Other regional markets already taken off 2-3 times..in the last week, our
bulls at KLCI.. so sleepy... zzz zzz. zzzz... might as well call in the bears instead.

KNN to close by 0.40?

knm .. no eyes c liao

for gambling stock i will recommend iris. this stock is good for gambler rathan than knm. bcos change to guess the price is higher by propability.



This post has been edited by sampoo: Dec 9 2008, 12:28 PM

wah I never notice this stock, u lucky anyway earn more than 10% oredy no greedy as no one can predict nowadays stock

now i m eying knm to fall further down below 0.40

This post has been edited by aoisky: Dec 9 2008, 12:39 PM

People are using this rebound to offload their stocks or cut losses. If i were u, i would not jump into the market thinking there's a rally. There's no clear indication yet in US economy although Congress will approve the $15 billion rescue for automakers this week.

As long as 4th quarterly reports are not out(somwhere march09 or april 09), the market is still very weak. Any bad news can hurt the market badly. We need to study the impact of the 4th quarters, especially finance and automobile industry.

This post has been edited by Ranny: Dec 9 2008, 12:47 PM

PA is what stock

I'm not sure about what is the business nature of PA. Last friday i found it at the most active share n saw that many ppl bought in early morning n very little sell transaction done. And the share price stable at 0.350 even though people keep buying at 0.350 as on n off ppl Q to sell at 0.350. So i start off by putting a Buy Q at 0.355 wiht 2000lots, n only managed to get 1500 (x 100units) lots, thereafter, the price never came down but continue to surge.

sifu

no la, not a sifu at all. Just try my luck. :-p

I think it has been approved, never bothered to read the content, but the headlines indicated that is has been approved.
http://www.ritholtz.com/blog/2008/12/15b-d...ilout-approved/

resort 2.19

wow... KNM nearly touch 0.40,,,,,

should i buy back????

KNM = goreng kaw kaw.....

This post has been edited by jvcpcv55: Dec 9 2008, 02:43 PM

u sold all ur knm?