For ur info, EPF dun touch RESORT one, so is base on demand and supply

Resorts
not forgetting the intraday low of 1.84 today...

today's close 1.92 is 1 cent lower compared to previous friday's close of 1.93.

If it cannot sustain above 1.91, possibly new more new lows to come since its already breach 1.84 during intra day and consistently headed south. To be on the safe side i think it will continue to hit 1.7X, middle is 1.6X and lowest 1.5X before a turn around is in sight.

Worse case scenario to throw in some action is actually 1.2X (1997 low)

This post has been edited by aurora97: Mar 16 2009, 05:01 PM

I know, but overall market sentiment is lifted by EPF. Just imagine if EPF didn't intervine, KLCI might be 700+, then Resort may reach much lower now.

i like spore Reit....

I think Raffles Education is a good buy now due to Oriental Century. Too bad, no more bullet...

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Added on March 16, 2009, 5:21 pmBTW, any news on Resorts dividen? when is the ex date?

This post has been edited by chyaw: Mar 16 2009, 05:21 PM

Yeah... my remiser also said Resort broke its support at 2.00 dun go in 1st... next support is at 1.50.

Hmm... no share buy back from RESORT, who is buying big volumn today

If tomorrow open green more than 3%, sign of uptrend might be coming, else double bottom

today pray hard



This post has been edited by Junior83: Mar 16 2009, 09:12 PM

the trend is quite simply like this, investors are just no interested at the market at all...

if market go up in the morning, sure heavy selling will follow...
*very rare market follow through and go all the way up to 11- 20 pts gain in one day*

if market steep drop, at least still can see some buying, but than again with a 40 pt gap between 800 and 700 this will really be the starting pt of a downward spiral to possibly a black hole.

Djia doing pretty well ? Can KLSE take advantage for a tech rebound ? Or just like last week, ppl up we down ?

Major Asian bourses i.e. Nikkei, HSI, STI were green but we ended up red.

Europe now green and so do the US, hopefully KLSE rally a bit tomorrow.

DJIA is still green: 7,332.94 +108.96 +1.51%

NASDAQ fluctuates.

DJIA gave up early to close slightly lower: 7,216.97 -7.01 -0.10%

DOW green = KLSE red

Dow red = KLSE green

So, expect the market to be green today!

like that oso can

opps DJ no stim ah

today may mark the mini bull run.

This post has been edited by sampool: Mar 17 2009, 09:08 AM

So far, his theory is still correct. KLCI is green now!

.. and KNM up 2 sen but Resorts still in red down 2 sen so far.

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Added on March 17, 2009, 9:18 am
.. and KLSE decided to follow DJIA. Now red already.. haha..

This post has been edited by Freelancer: Mar 17 2009, 09:18 AM

RESORT should be green in d afternoon, else trade with extra cautious

This post has been edited by Junior83: Mar 17 2009, 09:21 AM

Probable. Noticed the sell queues are quite low in volume as compared to yesterday.