Gperak?? i won't touch at all

DJ MARKET TALK: KLCI +2.3% At New '09 High; 936-950 Range Eyed
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0447 GMT [Dow Jones] KLCI +2.3% at 938.54, off new 2009 high of 939.21, in heavy volume of 635.7 million shares as investors cheer new cabinet line-up from PM Najib Razak, say dealers. Market breadth positive with gainers trouncing decliners 449 to 74. Expects KLCI to trade within 936-950 range for rest of day. "On the domestic front, political uncertainty has been removed and the focus now seems to be on execution and delivery of what has been promised by the law makers. External newsflow is also fairly bullish with on lower jobless claims in the U.S., lifting optimism that the recession is abating," says dealer. Firmer MYR also indicative of inflow of foreign portfolio funds, says another dealer at bank-backed brokerage, noting particular interest in gaming, plantation, construction and finance stocks. USD/MYR last at 3.6100 from 3.6350 earlier in the week. Among gainers, Genting (3182.KU) +2.3% at MYR4.52, IOI Corp (1961.KU) +2.9% at MYR4.32, Bumiputra-Commerce (1023.KU) +2.7% at MYR7.70, IJM (3336.KU) +2.7% at MYR4.64. (VGB)



This post has been edited by Junior83: Apr 10 2009, 01:05 PM

SAD LA!
I'm standing on the sidelines watching this bull run.
Should I show hand now??!?!

i'm looking at YTLPower, charts looks like its ready for a breakout, bought some of the warrants.

Palm oil stocks dropped to 20 month low.

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Added on April 10, 2009, 1:32 pmChina rallying, now up 2.1 %

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Added on April 10, 2009, 1:36 pmNow SSEC up 2.71%


This post has been edited by AdamG1981: Apr 10 2009, 01:36 PM

Ain't you just "sai lang" days ago or week ago?

Show hand again?

I sold all my stocks yesterday. Q lower to buy back but didn't match.

Anyone bought Tenaga? going to hit 6.90 per analyst TP?

oic, sell first buy back later a lot of time backfired.

Anyway, Resort price movement is a bit worry, seem very toppish at around 2.35, and become heavy to move at around this level.

My broker cause me to lose 400 in minutes today.. .

I key in SAAG 19sen when I see movement... he went to toilet... KNN!!!!! within minutes went up to 20.5.. even sell at 20 sen, I make my weekend pocket money with 50k intra hour trx...

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Added on April 10, 2009, 1:50 pmAnd my Kinstel... lagi sakit hati... yesterday I switch to Johan @ 29.50 sen today Kinstel fly... mafulat.... make a princely profit of RM3.25 when I could have made 800/- just a day later... . This is bad sign..

This post has been edited by Grengo01: Apr 10 2009, 01:50 PM

Errr... your bought LCL right? Already sold off everything ka? I thought I got kaki aledi....

All LCL sifus... can go somemore ah? I got only 20k @ 55sen... tot of throwing liao like cannot start up like tat...

Err... throw lah. Seems like you bad luck today. Once you throw, sure fly and we can sell Then we treat you teh tarik

Don't remind me of that ler.. it happens all the time.. whole day ding dong.. the moment you throw if fly... kns happen to my E&O early this week... throw at 59.. fly up to 61... curse like mad.. came back down to 57.. I buy then it drop like deadweight to 54...

Okay at opening I throw ah.. u all treat me teh tarik.. see 20k sold at opening.. 59.5 kekekeke...

This post has been edited by Grengo01: Apr 10 2009, 02:00 PM

Nobody knows. However, LCL was hovering around 70 cents before it dropped when the news about WCT's contract got terminated in the middle east. Even though LCL was not directly involved, traders found that piece of news unfavourable for companies that have projects in the middle east. Hence the drop. Now that LCL are getting some small projects here and there, coupled with the improved sentiments in the stock market, I feel that LCL will gradually go up. How high is anybody's guess..... My 1.8 cent rounded up to 2 cent opinion....

Thanks... was actually seeking more fundamental reasons.. LOL... anyway, today is a day to dump... next week start again..

Copper futures limit up in shanghai (5%)

We have a lastest casualty locally on borrowing/bond issue.
Ingress, auto part maker.
http://biz.thestar.com.my/news/story.asp?f...57&sec=business

That's the primary risk on some stocks, as said before, it is not about market or economy recovery, sometimes it is about individual company getting through this difficult period of time.
Economy and stock market surely will recover one day, but individual stock might not.

Look at Citi, even DJ managed to climb back 8000 level, Citi's share still at around 3 only.

KLSE challenge 940

When M'sia company will release the Q1 report??

This post has been edited by Junior83: Apr 10 2009, 02:30 PM

Futures 940.0
last done,

aih.... index going up.. futures going up.. my portfolio went to sleep.