Market very very slow...

Waiting for Najib announcement of new cabinet line-up

i think today is most likely just the last legs of the rally before it starts going down again. Trap for all the people who are picking up coz they are afraid to miss out. The volume is not convincing at all.

Unless we close near the highs on Monday, then that might be a different story.

Should be a good opportunity to clear all the stock and reload your bullets

i feel that the rally is dying based on my analysis of the yen exchange rate. If you look at the Yen/Usd exchange rate, it correlates quite well to activity in the emerging markets. When the yen drop, there will be many foreign money going into the small markets, when it goes up, money dries up.

During the last 3 weeks mini-bull, yen was dropping, fast. Since monday,  the yen in reversing the down trend and gaining again, and this coincides with the lower and lower volume in klse. So thats why i think this is just a last desperate push before turning back.

Of course i might be completely wrong. just my 2 cents.

something is wrong in the market i still cant figure it out.....

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i thought i read it somewhere.. that the highest predicted for the rally may bound between 925 - 875.

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Added on April 9, 2009, 4:04 pm4.04pm. looks like the entire market been quiet down and slowly the klci index sliding down d..

93x level is crucial for KLCI, break it, we have a new trend, if not still stuck with the range, 93x is the previous high for near term.

sold all my sapcres@0.90.....yahooo......will buy back when market drop again...

At least you get 1 egg out of it and some goose meat.
Although you lose the chance of getting 8 eggs, better than others lose the goose (loss for those buy last year one) and get nothing.

i don't think we're out of the woods quite yet, still stuck at 930 resistance.

i also sold everything yesterday for about 8% trading profit overall over the last month.

will re-enter if we break 930 convincingly. or if we drop back to 8xx

You don't time the market for long term investment especially those can still give constant dividend one, (sold first then hope buy back later at lower price), this strategy a lot of time backfired. I have fair share of experience on it, that's why I don't intend to sell Panamy and Shell which has been years as well as Axreit now, unless have to sell because of poor fundamental or any other reason.

But please don't sell long term investment target for the sake hope it come down little afterward then you can buy back. By doing this way, when bull come time, you lose the opportunity of getting banana only. Just my experience.

Why you sell off your Bstead? Previously before the bull, I bought Bstead at 1.5x, then sell it at 4.5x. But after that I cannot get it back    

There are few more plantation counters that give good return. Buy some of those and keep, I think when the plantation counters started to party, then we can gain few times more

R-E-S-U-R-R-E-C-T    them!!!!!

highest 929.55 only rite?  m i getting a slower connection here?