PoHuat(code 7088) : Nicely at 20MA support ... can consider to take at RM2.30 level and cut-loss if 20MA broken. With MYR3.70 above now, we may see furniture-counters moving again next week.
Note : Trade at your own risk.
DOW up up and away ... hitting new high again soon. What is in my mind as I m still biased to bearish? Market doesn't make sense again ... oil down, MYR down ... 1MDB, GST .. but KLCI up? Hmm ... really a boleh-land.
If we have money, do buy property rather than gold. That is serious. I was thinking about the gold-story I wrote this noon ... property is certainly better in long-term(not gold).
http://auctions.com.my/http://ariffshah.com/kisah-bagaimana-pemuda-ini-mampu-memiliki-landed-property-bernilai-rm880k-pada-umur-26-tahun/ There ...If market is crashing, it is time to check on cheap-sales ... before that, we need to learn NOW how to buy cheap property ... where, what ... yeah, I m making all the preparation possible for the market crash. It will be my only crash-cycle as I m reaching 50 now. If I m too miss it(to profit hugely), I might need to see it again after I m in my 60s(assuming I m still around?)
Are we prepared for the market crash? It wont be 2015 ... but if in 2-4 yrs time, are we prepared? How?
It will be an interesting topic which I will bring up in next month tratles meeting (only for those came for my trading workshop and continue with me).
I need to rest ... blur-blur
Night
TEH
Kevin Wong
The crowd are on the bearish side, and only when the herd become bullish...all bull runs end never earlier than when the last buyer has bought...nothing else!
2015-03-23 12:05