My Trading Adventure

KLCI to retrace

CP TEH
Publish date: Tue, 29 Oct 2013, 11:42 PM
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.
I am seeing retracement for KLCI before it hit 1826(and beyond??).

GAB sold at RM17 was good, missed Carlsberg, tho. UMW bought at RM11.60 ... today hitting RM13(I asked the group to sell at Rm12.80). These are few no-brainer much of profitting from the technical rebound.



Property-stocks : Last week I sold many property counters, including Malton. It is bearish now ... UEMS ... SPSetia ... leading many property-counters to retrace sharply now. Well ... the bad news is out, the budget-day last Friday and it took market one-two days to digest the impact. Being a contrarian, I will be moving back into oversold property-counters.

It will be NOV soon ... raining season again ... CPO hitting RM2500 again, and we could see some bullishness in some plantation counters(which I mentioned a month ago). Do look at them to profits from the recovery. Avoid glove-counters as MYR appreciating vs USD.

I am glad to know that my Stock-Watch group is doing good. That is my accomplishment and great satisfaction there. Many committed to continue for 2014 ... and I feel motivated to work better on these ... their support is greatly appreciated. Many are my blog readers ... thanks again for giving me the chance to improve myself, to serve and benefiting many. Thanks.

Do join my stock-watch for NOV-DEC, open for registrations.

contact me at cpteh@yahoo.com

Night.

TEH



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Discussions
Be the first to like this. Showing 1 of 1 comments

AlbertLim

hahaha… keep on promoting his stock watch… dear readers, he took many to holland with his call which he will NEVER admit one… i know la…. waste of your money & time to join his stock watch….

2013-10-31 00:42

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