DOW down 100 points ... I spelt quite late last night, reading and doing some analysis on some charts. It is interesting that we see it ... many stocks are retracing lower(due to fear of MAY, fear of GE ... fear of EURO ... fear of ... double dip?). Only some stocks in play are still running strong such as JCY or Padini. Under-valued or over-valued in stocks is seldom being considered by majority in markets!! The question is always "This one can buy arr? or Should sell or not?". Well, commonly found everywhere. Sometimes, I do wish I know(haha ... I don't, honestly) ... but those playing with speculative active penny stocks will tell you that they know certain stocks will SUREly goreng-up to certain levels. It is really amazing ... how do they actually know about it?

Insiders News : Yes, it is from the internal sources that hidden from the majority public. An unfair advantage, they called it. So, some dealers or remisiers might be trying to help their clients by giving 'hot tips'. And if the tips are right a few times, it is a SURE win tips ... otherwise, he/she will be condemned. Hmm ... do they really have the insider's tips? Actually, I do believe there is such thing ... because if you are working internally in a company, you may be alert to see some changes(in management, policies etc etc) and if you are the financial controller or accountant(or auditor), then you certainly have the unfair advantage!! You may want to 'help' your relatives, close trusted friends ... by 'leaking' some sensitive data/numbers. It is an insider tips. Once it is out, it is difficult to control ... and some spread like a fire in the dry bushes.

Rumours : This is another inportant information for punters alike ... the hear-say ... who and who ... what is what ... when is when. Today, anything related to RC(Raymond Chan) is being rumoured and spread wildly in forums. Yes, forums are the platform for rumours to be spread by certain parties(syndicates, directors, politicians, broker houses ... you name it, the SHARKS). It is meant to move the greedy uninformed public into buying a particular counters, rumours ... to lure some greedy get-rich quick mentality and gamblers in markets. They will be excited about the rumours they recived ... and gaining hugely overnight, making them to believe all the rumours from the similar resources are genuine? Mis-leading information being spread as rumours too ... rumours of privatisations and some take-over ... anything!! Anything you can think of to make normal traders/investors in market becoming greedy. Only those in markets long enough could comprehend the 'damage'(to our account and emotions) done ... to the extent that many quit markets after being 'conned'. That is how powerful rumours could be ... so, I never under-estimate rumours spreading ... and I always remind myself to be discipline enough not listening to any.

News : There is always news out there ... to entertain us. I am talking about biz-news, financial articles which could be found in many prints ... with the internet, such news could be spread in very fast pace, reaching out to general public. With the use of internet-trading too, many more trading constantly relating to news. They said .. buy into rumours, sell into news? I don't know ... I do read news whenever I am 'free', especially it is related to the the sectors I am looking into or some entertaining news(such as MAS at the current situation). Yes, take news with a pinch of salt. Errr ... a large pinch, I think. haha. Well, we have a choice ... either to read or not those news.

Reports : Well ... many of us do read broker reports. Or am I wrong to say that? Only few read annual reports? Or am I right to say that? Whether the reports is 'right' or 'wrong' in our prepective, it is up to us to interpret the broker houses calls(buy, hold, sell). At times, we have contradicting calls ... one say BUY and another say HOLD ... or SELL. What should we do? I mean, same counters trading at same prices but different point of view. There is no hard truth ... just evaluate it ourselves. Either we are trading or investing, there should be criteria we look into. If those criteria suit us well, then place it as our conditions in buying or selling. We all certainly have different risk appetite, different personalities ... some like it slow, some like it fast ... others don't like anything at all. Majority are confused(like me) ... can we trust those reports?

Blogs : Oh boy ... with the growing population moving into internet, the number of blogs could only increase. Whether they could sustain and still alive, it depends on the purpose of the person blogging. Well, my blog will be alive as long as I am trading. It is my trading adventure, anyway. It is certainly boring to many ... a good way to gauge, a recent 30-40% drop in my readership!! Hehe ... yeah, one of the few bloggers who do not wish to have too many readers(they are noises to me) but keeping those geniunely wanting to share, to watch and support. Anyway, reading blogs certainly could be just a past-time, edutainment purposes ... and do not take whatever written in blogs in total. This one ...certainly need to take a huge pinch of salt. haha ... read those good blogs ... leave mine as the last, please. These days, I do not write much, either. Wei-wei ... I am still alive and kicking. Just extract good pointers written by bloggers, ok?

Time to run ...

Happy trading. Will KLCI dive another 10 points, please?

TEH