Market has been flooded with blood and dead body anyway. Most of the people has disappointed with the market and blame on US on the subprime lending & Yen Vs dollar issue. Retailer start to leave the market with huge paperloss .
The issue here are force selling and margin call is the key factor to slump the world stock market and no doubt is triggered by US subprime and yen .
And Now, I SEE THE OPPURTUNITY, i can buy the good counter with cheaper price .
technical re-bound is at the corner , 1170 will be the support.
I have started to go in market to do collection on Gamuda, Bursa and etc...
17Aug07 1230hrs market closing price;
KLCI:1177.48
Gamuda closed at RM6.05
Bursa closed at RM8.55
The high of the index for this year will be on December.i still believe with my point and market will do it.(Market Boleh)
3 comments:
Market has been re-bound and back to bullish trend , KLCI has gone up to 1273.52(24/8/07 closing) from lowest 1141.56 (17/8/07) and Bursa gone up to 10.50 (24/8/07 closing)from lowest 8.00(17/8/07).
What has actually happened in this world stock market with the sudden big fluactuation?
My answer is fear and the human factor to influence . Stock market is a human games and the history is keep repeated by itself,this round of correction is nothing difference with the past correction ,fear and human factor was also reflected inside the price and index.
The Subprime and yen of cause is the main reason to trigger the correction, but the execution is by human being .The price and index will be the victim of the fear .
What will happen in next few month market?
The big trend of World stock market for this year is at the bull run, of cause the trend will keep going up .
With the recent gain on the blue chip and took some profit . I have re-aligned my porfolio to some small cap counter , such as Insas (24/8/07 close at 0.625 nad its warrant at 0.205) ,Kenanga at 1.13 and others stock broking house counter.
Good luck and happy trading.
嗨，ＳＡＧＩＬ您好，小弟对您的分析技术深感钦佩，不知您有否开班教授有关技术？有的话可别忘了通知我哦。顺便请问ＳＡＮＢＵＭＩ这只股的潜能如何？
hi boon leong,
i enjoying on what i am doing now, temperory not thinking on conducting any class.i will put your e-mail in my e-mail list, any new update will post to you and hope you will benefit from there.
Thanks for your support
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