DJIA RALLIES!!!!! 3 days in row!!!

Bears are nowhere to be seen!!

Wow another whopping +239.66 (3.46%)... but I'm afraid there will be a lot profit taking tonight at DJIA, somemore it is what...Friday the 13th?! Omg...

KLSE should be green also today!

DOW 7170 +239

Bear is in short hibernation

If today open higher, will it be another trap again? up 1 day, then fall 3 days?

Probably not, that day was because of the bad economy data that pull the data down, Recently wont have any economy data so I believe it should have a solid technical rebound, it should follow DJIA this time. Just my 2 cents.

Basically KLSE market detached from other global market already.
I can see 2 major events that affect it:
1)Najib takeover Abdullah as the fifth PM. (some ppl said after PM takeover, KLSE gonna drop :S)
2)3 state elections that coming in next few weeks.

So beware, it may be a bear trap for KLSE but bear rally are coming for US and Asia markets

This post has been edited by dreams_achiever: Mar 13 2009, 08:48 AM

green day today

basically, the uptend cycle is not completed yet. there should be rally on the selective counter with good fundamental and the stock already at its bottom line. just sit down and wait for durian to fall down.

KLSE gonna be green. Enjoy the ride.. hmm.. at least for a while.

Well the normal trend is, market goes green up 8 pts 8-10am .. by 11pm profit taking and needless to say market will slump. Yesterday's heavily selling today people r picking up the pieces.

unless of course there is some really good news that can really push the market all the way through beyond the 8 pts during opening... otherwise closing would be either 0.XX or 1.00 pt up or down depending.

Gd luck trading!

Here's more details on the Zero Strike Call Warrant for Berkshire Hathaway as the underlying.Those interested may check out the link below and contact me via pm or e-mail.

http://lklatmy.blogspot.com/

lcl shoot up but still far below my entry price haha

It's always like that le. Similar story. whole go down, will crash. When go up only a bit.

i see no strength at all..
The market(currently up 7.22) is more like looking and waiting for a signal or excuse for another selldown. Any negative news from external will definitely send the KLSE down.

Thanks for the information, somewhere quite interest in it. New toy investment product in the local market which at least give us more option.

min RM100/1 lot of investment...not bad wor.......we can now follow WB's footstep

if got more details lets discuss more

wah, the exercise ratio for this berkshire call warrant gonna be amazing.. 1:10000 if we look at the BRK.B price on NYSE.

http://www.google.com/finance?q=NYSE%3ABRK.B

on related news, berkshire just got a ratings downgrade too

Stop dreaming it, even it bankrupt, liquidator will chase after your debt as well. So die or not die won't make a difference on your debt.

Locally, KLSE is weak in sentiment, it somehow again detached from worldwide market. Remember, KLCI was down, when DJ rally 380 points?

DJ rally is more about technical rebound and short covering, as DJ dropped from 79xx to 6500 without any rebound ay all, it is now a 50% technical rebound. It is not yet a breakthrough of its previous down trend based on longer term chart.

STI, HSI and Nikkei green quite strong at more than 2%, 3% and 4% respectively.

Ours.. not even 0.9%.