My Trading Adventure

KLCI down :Bearish Day II

CP TEH
Publish date: Wed, 16 May 2012, 11:43 AM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Following Message

KLCI : Down another 15 points now ... don't know if it is Greece or Bersih. We will be checking KLCI again at 1525 level ... that will be big OUCH again for those already in market ... so, for this year ... "SELL in MAY and GO AWAY" words ringing well in our heads.

The 'M' clan

MAS : RSI at 25

Malton : RSI at 23

MHB : RSI at 21

MISC : RSI at 12

HSI down by 500 points ... opportunity aplenty. Time to do some shopping list ...


LionInd : Going below 1.20, back to 1.15 level(Sept 2011).  RSI below 20 now ... time to accumulate?

TEH
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Discussions
2 people like this. Showing 8 of 8 comments

lotsofmoney

wait for Greece to default and all hell break loose.

2012-05-16 13:15

jaafar daud

All MACDs: daily, weekly and monthly are telly. Trending downward. Good time for shopping will come. Happy shopping.

2012-05-16 14:13

bryan_su

good... going to have bearish day III, IV, VI, VII and .... until circuit breaker triggered...

2012-05-16 15:12

messiBarca

next week go megabuy.

2012-05-16 15:41

lotsofmoney

once a life time grand sale ! going going to 1200 then 800 ! then can buy wholesale.

2012-05-16 15:54

AL833D

Buy in May and go away.

2012-05-16 17:12

Ram Cheong

problem now is money all traped , no more bullets to shoot . .......... argggggggggggggggg

2012-05-16 18:00

alntm

where are the bounces and big swing backs...if any sifu wanna share reverse trend, rsi, etc etc, your TA is very welcoming, since nothing better is on...

2012-05-16 18:07

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