I hope I could still have the 'energy' to write about so many waterfalls at the moment. VERY NICE.

Stock : RSI

AFG: 39.5
Affin : 30.7
Alam : 21.6
AnnJoo : 31.4
BJToto : 30.3
BStead : 30.3
Bursa : 20.6
CMSB : 24.6
Coastal : 18.7
Esso : 26.9
Gamuda : 16.7
GenM : 41.6
Genting : 30.5
HuaYang : 30.1
IJM : 20.0
IJMLand : 19.4
IOICorp : 10.1
KimLun: 20.5
KSL : 23.6
LionInd : 35.2
MHB : 14.4
MEGB : 23.0
MPHB : 22.1
MudaJaya: 12.2
Naim : 27.3
PChem : 26.4
Parkson : 22.1
QL : 33.7
QSR : 38.8
SPSetia : 32.7
Supermax : 24.3
Tenaga : 24.0
UEMLand : 17.6
UOADev : 20.9
WCT : 20.4
YTL : 28.2
YTLLand : 31.5
YTLPower : 18.7

Note : The above are those waterfalls I like very much now. These are taken from my stock list with the REDs. Many more in my list but these will be enough of work to be done. WHICH one I should short-list and wait for another dive tmr? As I said, I am busy and activated when market is tanking.



I could hope DOW down 700points tonight, Gold shoot higher and crude-oil to go below USD80. My wish came true today as I watched KLCI tanking and PANIC selling this morning. It is REALLY needed. Thanks.

10.30 pm : DOW down 350 points. BEARish.

GLD : Hitting the new high at USD166.12 moments ago. Way to go.

SLV : At 38.5, way to go to hit it high and go into new high. So, I grabbed SLV as it is lagging behind gold.

Downgrade report : OSK

OSK Research has lowered its Kuala Lumpur Composite Index year-end target from 1,680 points to 1,557 points and has downgraded its call on the Malaysian market to "neutral".

"With confidence already shaken as the European debt crisis spreads to Italy, the downgrade of the US' credit rating by the Standard and Poor's to AA+ could sufficiently rattle the markets to extend the sell-off and further damage the technical landscape.

"While there is still hope of a recovery of confidence if a concerted global response emerges, we believe markets may still find it difficult to reclaim their recent highs anytime soon.

"We've been cautious on the global economic outlook for 2012 and hoped that the Europe debt crisis could be contained in the interim as Greece has been excused from making any debt repayments until 2013.
"The European Union and the International Monetary Fund have also come to the rescue of Portugal.

"Over in the US, we had rightly assumed that the debt ceiling would be raised sooner than later to prevent the US government from becoming insolvent," it said in an investment note today.

Nonetheless, OSK cautions that more easing in the form of the third quantitative easing (QE3) would most likely simply delay the structural problems that need to be fixed, such as the US' fiscal deficit, which is being financed by the global demand for US Treasuries.

"As such, we advise buying defensive stocks like Axiata, Petronas Gas, AirAsia and Supermax to protect from further medium-term downside," OSK added. -- Bernama

TEH : Haha ... no more 1680. So, we wait for more downgrade from our local brokers to create more selling and please press the above button!!


TEH