Oil below $50. Plantation stocks might get a beating today. I expect KLSE to be red today, at least marginally.

Looks like Maybank-OR under heavy selling pressure. Look at seller side Might grab some if it drops to about 90sen . Another 4 more days to go. Maybe the goreng traders will dump the shares if they cannot pick it up for conversion.

TMCLife also shot up so high!!

Market shooting upward without any solid fundamentals. Not sure how many small fishes going to get fried.

My bet price is artificially propped up for a massive sell when when the last quarter financial results are out later this month

This post has been edited by dsugums: Apr 10 2009, 03:08 PM

I already cleared my portfolio with RM1200 profits

Cool 40% gain in a week

I will wait for any corrections before buying in again

This post has been edited by dsugums: Apr 10 2009, 03:12 PM

get chartnexus software. its free

Agree with you. I see the same trend. Earnings season is on the way now. Be prepared for major correction. Before that, Dow will kaput slowly, dragging KLSE with it slowly. Once our company results are out, be prepared to parachute. I have already cash out 100% from the stocks. Now waiting for the correction to happen. In the meantime, I think there is still room for the 2nd board and Mesdaq counters to be fried (haven't seen any major frying yet).

market volume is not convincing yet for climbing up.

Volume is shrinking from day to day. Most of the volume are from goreng stocks. Once the volume drops below 500mil, than all shit will break lose.