FBMKLCI

As expected the Index is in a very bearish mode.

Most of the blue chips continued trading more downtrend now.

Stay clear of blue chips for the time being (for traders).

P/S : There are still some bullish stocks in the market...if you know how to spot them....

         I have a few in my private blog (for members only ).

         I am about to collect more( bullish stock)...in a couple of days from now.


Happy Trading...

What is Opportunity ?

There is no free lunch in the world.

Even if there is,you should take the initiative to be the first and grab it before others do.

Opportunities are given only to those people who dare to take to it.

Those who wait or procrastinate are always left behind.....

( Just a thought )

Why there is FEAR for this coming GE 13?

Everyone knows about the coming General Election as far back as few months ago.

BN will wins this Election, maybe with lesser votes.

The FEAR` is created by the Big Boys ( foreign funds,syndicates ).Since SHORT SELLING

is not allowed in Malaysia (Sell first buy back later).They sell their holdings( blue chips) now,

and buy back later at their targeted price,thereby creating a chain reaction.The general crowd

(herd instinct) will follows.It is more dramatic when the date of the GE 13 is to be  announced.

Stay clear of blue chips for the time being.(for traders)

For investors maybe its time to look for bargains.


( My 2 cent opinion )

FBMKLCI ( The way I look at it )

The market is jittery now due to the GE 13 fears.

The technical rebound is weak,more bias towards downtrend.

Stay away from Index Link stocks for the time being.

Only go for short trade now.

If the counter show u profits,take it n run.

This morning there is a big sell down due to GE13 fears.

I am still holding on to my stocks.

Will ride out of this storm soon.

Time to shop around for some good stocks.

WHEN THERE IS A CRISIS,THERE IS AN OPPORTUNITY.


Happy Shopping N Good Luck!!

Please refer to my TODAY COMMENTARY :

ALAM

MYEG

 

CANONE

 

DAIBOCI

GTRONIC