Term of the Day :gamble

To engage in any activity in which money is put at risk for the purpose of making a profit, and which is characterized by some or most of the following (in approximately descending order of importance): little or no research has been conducted; the odds are unfavorable; the behavior is risk-seeking; an unsystematic approach is being taken; emotions such as greed and fear play a role; the activity is a discrete event or series of discrete events not done as part of a long-term plan; the activity is significantly motivated by entertainment or compulsion; ownership of something tangible is not involved; no net economic effect results.

taken from : http://www.investorword.com/


Parkson : Rangebound from 5.30 to 6.00. Technically it is a buy today at RM5.55, triple-5 effects. We shall check if I could gain 5% from this trade, ok? RM6? Doubt it could fly to RM6 with dark clouds ... it is still raining, the storm is over ...


Genting : No buying signal yet ... a white hammer formed but other than that, wait.

DOW up 120 points. GLD and SLV retracing a little.
TEH