My Trading Adventure

Selldown in KLSE

CP TEH
Publish date: Fri, 13 May 2016, 03:43 PM
CP TEH
0 2,918
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

3.10pm : KLCI at 1620 level again. The weekly chart will not be good if it didn't rebound later before market closing.

http://www.thestar.com.my/business/business-news/2016/05/13/asian-markets-slide-as-klci-falls-nearly-24-pts/

"Selling pressure could be due to MSCI Malaysia Index being reduced to 3.09% from 3.43%, analysts."
Note : Do google search for MSCI to know more.

The selldown could be due to this piece of news. As I m reporting now ... everyone is wondering what is hitting them as the nervousness is clearly shown in forums.

Frankly, I could not really feel the actual FEAR to buy as much ... yet. So, start to buy in stages ... look into oversold blue-chips and whatever stocks we like ... to buy in mid-May and go away.

One of the step to prepare for market crashing : FUNDS ... will be discussed tonight 8.30pm (if wish to join me ... contact me at 012-821 0129 ... it is free but one needs to buy a coffee-drink). Limited space.

Participants are expected to share opinions and ideas too. Let's prepare together!

Venue : Tonight meeting  at SS15 Subang Jaya.

See you.

TEH
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Discussions
Be the first to like this. Showing 10 of 10 comments

Pakarsakitgila

Klee. Are okay? You need to seek medicl help

2016-05-13 17:15

Hiu Chee Keong

Bargain hunting time

2016-05-13 18:39

Apollo Ang

u lose until no money buy coffee ar? hehe

2016-05-13 20:11

michaelwong

Why suddenly talk of market crashing and what makes you feel that the market is crashing .

2016-05-13 20:39

king36

CP Teh - can u let us know what transpired in yr discussion? We are far away from Subang but very eager to know what would be the next move.
Give us a few counters including sell-down blue chips to consider. We promise not to hold u responsible even if we have lost in our decision to follow your picks.
My friends and I have lost $$. Hope u can help us to win back some.
Thank you.

2016-05-13 20:57

Erhern Ooi

The US Commerce Department said retail sales jumped 1.3% last month, the largest gain since March 2015 and beating expectations of a rise of 0.8%.

2016-05-13 21:11

mking77

Dear King 36 I think nobody can help you to win back your money except
Money God.

2016-05-13 22:01

Probability

muscle... recently he gained confidence after seeing superinvestor himself kena blasted....so that's why he came out again with his BS!

2016-05-13 23:36

Tom

ranjiaoteh BS again.......

2016-05-13 23:40

lazycat

...

2016-05-13 23:41

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