KLCI 1500 level in the making!
YES, if fail to breakout from 168x in short term.
I expect a rebound from this level 161x as technically is oversold.
Recommended to sell stocks upon rebounding/reaching 168x-1700.
Watch for any breakout or failure is recommended before any buy entry.
Overall short term market is bearish as for now... :-(
Good Luck!
currency and crude oil prices drop like no tomorrow, foreign fund all cabut, the only way to stop this is to implement currency control like 1997
2015-08-12 15:11
according to chart 1525 is possible... but i wish it don't fall to tht level.. pity all uncle aunty kena... anyway, must thx jib gor's leadership and maslan 3.85... look at wht hv they done
2015-08-12 15:20
There seems to be nothing to say anything about free fall of our currency & stock market from our finance minister, and what is our government plan & measure to stop market crisis as this can lead to downtime of economic.
2015-08-12 15:24
Looking at the bright side, we will have a golden opportunity to make money from KLSE.
2015-08-12 16:21
our cabinet minister will say " our current currency so far still not affecting our economy " wtf is this....
2015-08-12 16:22
share prices of 2nd and 3rd liners are dropping like no tomorrow. It's still not cheap to collect dead chicken yet unless you want punt for short life rebound.
2015-08-12 16:28
Yes, I think it is still not the time yet for bargain hunting
http://financial-savvy.com/2015/08/12/klci-bearish-confirmed/
2015-08-12 16:41
US will not raise rates, basically they cant raise any rates. If they do they will just explode the debt bubble...QE4 soon for them.
2015-08-12 16:41
z U.S already comfirm hike rates la dude
dont tipu self if hike rates they can buy other country asset with low cost
2015-08-12 16:42
Wow market last min retrieve...64 loser all of sudden became neutral. so fake la
2015-08-12 17:02
It seems that FF keep throwing blue chips. More selling pressure is on the way. They don't have confident in Msia anymore. Boleh Land used to be claimed as political stable country.
2015-08-12 18:36
Oversold already. If you brave enough can buy some for technical rebound play. But of cos have to set your cut loss point.
2015-08-12 18:40
Mr JibbyBoy would U kindly briefly let me know how to short Bursa? To buy Put Warrant? Can list down some for my knowledge? Thank you.
2015-08-12 21:39
Hahahaha..sapu all HK, HG, HS tomorrow.. don't think, just buy. Short! Short!
Posted by saschl > Aug 12, 2015 09:39 PM | Report Abuse
Mr JibbyBoy would U kindly briefly let me know how to short Bursa? To buy Put Warrant? Can list down some for my knowledge? Thank you.
2015-08-12 23:51
Dont be so sure..:)..the USD is going to soften a bit..the index just drop steeply..be careful..the line of defense will be ring around 1600-1610-1620-1630 ..then will see..if the DXY INDEX manage to climb back to 97 level..then your 1,500 is materialise..as of now, my simple advise for NEW COMER TO JOIN PUT WARRANT N FKLI..dont try to enter if you dont have really exposure n experience. Its nice when you see all green..but all that green also sometimes can be A BLOODBATH..always must remember the MARKET DYNAMIC can change just like that EITHER TEMPORARY ADJUSTMENT OR PERMANENT ADJUSTMENT..my simple and honest analysis, the FBMKLCI will be tried to be defended at least at 1,550-1,600. As if it break 1,519, it will be a BEAR MARKET. As of now, the average still 1,730 level eventhough u look on screen at almost 1,600.. therefore...temporary some bargain hunting will be done especially at FBMKLCI counter..then rotational..for seniors ..u know what they did last summer..hehehe..so for newbies..dont mess with market..takut takut nanti..makan maggie n tinggal seluar dalam..hahaha..
2015-08-13 06:23
Apanama & SOP2 thank you very much for the feedback and investing advice, hope everybody a fruitful day!
2015-08-13 08:15
hissyu2
waterwhite, if fed rate increase, I will park my money at US bond... if US market is as bad as 2008, whole world got affected...
2015-08-12 14:52