market going unreasonable and crazy now..I think they just 'pump' the heavy weight counter to attract 'ikan bilis' come in before they 'dump'..
2012-10-29 12:31
`New Records', but this doesn't mean anything for many retail investors. The rises mostly involves the index-linked counters while second and third-liners aren't going anywhere. This is the pseudo-bull market - there is no breadth. But should the index-linked come down, the others will too even when they haven't gone up in the first place!
2012-10-29 13:01
Agree, that's why for long term investment of fundamentally sound 2nd or 3rd liners don't buy in the hurry best is wait for the correction first.
2012-10-29 13:21
well said!
GE coming, so bull also have to run albeit a pseudo one!
Need to show the general populance that our economy is "booming"! Note the pun intended.
2012-10-29 13:41
Glad good comments here by many of good contributors. Agreed. It is rotational, telco and now banking. So, it is logical to trade into index-linked counters or some in-play stocks(with some fundamental, please).
Many retailers might jump into some speculative stocks but will be trap when KLCI correcting(soon).
need to continue my writings. hehe
TEH
2012-10-29 14:57
Mr CP Teh: continue your writing and share your comment here. i personally appreciate it..
2012-10-29 15:46
Bro Lotsofmoney: they only buy the heavy weight counter also for Year end dressing.. so use the opportunity to go in to heavy weight counter if there are a 'correction'...(just my opinion..)
2012-10-29 16:51
chongkonghui
KLCI is high but my stocks are not, can't clear my positions....
2012-10-29 12:08