It is Sunday ... I am extremely tired. Nice time with family here as tmr will be back to crazy teaching. I did not read charts over the weekend as there will be nothing to buy tmr UNLESS KLCI drop off the cliff, diving and losing 50 points or more. Even that I will be too busy in the morning ...


CyPark : Might be forming a descending tringle. So, do check its resistance, SELL. Support at 1.76, once broken ... another leg-down seen. Very risky trade with little upside seen.

I have off-load Tenaga and Puncak. With Supermax(and TopGlove) in mind, I shall be watching MEGB too. But this post is for CyPark as I will watching if it reversing. I will want to check Puncak too as boss denied the rumour of privitisation.

Too bad, DOW down 300 points and we might see more selling, pressing any hopes of reversals. So, again ... NO BUYINGS and if anything to buy, grab some blue chips DIVING more than 10%. No need to know charts ... if GenM drops 10% or 20% tmr morning in the opening, go for short rebound. That is my plan ... otherwise, no buying. Hmm ... I am repeating myself ... so cheong-hei.

Is Technical Analysis rubbish? Interesting blog there Michael. I am delighted to be in-touch with you and certainly could learn more pointers from you.  Thanks

http://malaysiapersonalfinance.blogspot.com/2009/07/technical-analysis-is-rubbish.html

9-11 : It is a black day for many. I was searching for 9-11 charts when the next day, markets experienced a panic-selling ... and aviation sectors badly affected.

feel sorry for so many innocent lives abruptly taken. This is insanity ... and it started they stupidity of tracking down Osama due to revernge. The plotted crashes were out of anger and revenge, anyway. These are endless as HUMAN ... only HUMAN will do such killings.

TEH