My Trading Adventure
KLCI overbought
CP TEH
Publish date: Tue, 09 Jan 2018, 09:38 AM
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.
Morning with KLCI up another 7 points. OVERBOUGHT.
Trading breakouts ... and many going to new high.
Going north ... target the peak 1900.
I m getting out in total. All the best to all of those chasing.
note : Buying should be in mid-dec when KLCI oversold la ... now is sell.
TEH
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Be the first to like this. Showing 22 of 22 comments
You remind me of the self claimed top 5 fund manager in the world, mr cannon tan teng boo of icapital lol
2018-01-09 09:58
Quoting your article:'Going north ... target the peak 1900. '
Bro, I'm hoping that you meant 1900 as temporary peak before a mild correction.
If you are implying 1900 as ultimate peak and expect some sort of market crash thereafter, you will be dead wrong. Market will not crash in 2018 contrary to popular fantasies of doomsayers, it will be a very bullish year instead.
Just my two cents.
2018-01-09 10:48
FBMKLCI......will not crash this year 2018. It is now unfolding the last impulsive W5. Minor healthy pullbacks along the way is expected....:):):)
2018-01-09 10:55
note : Buying should be in mid-dec when KLCI oversold la ... now is sell.
TEH
If only u post this 3 to 4 weeks ago then u will no longer be a laughing stock in i3...
2018-01-09 10:58
CP teh IS overbought. market has never see this frenized volume > 7 billion. of course there is profit taking ( reminds me of Icapital )
market overbought for the last 2 years. local players cannot account for this type of volume. FDI also play their part. now market hitting above 1830 target by midyear >1900 another upwards revision
2018-01-09 11:00
FBMKLCI.......my 2c projection of the index will be at.....1955/1996. Let see if it can be reached.....
2018-01-09 11:01
Backside itchy cannot stand have to come to I3 seeking help from bad people here...
One day not getting fxxk not happy
2018-01-09 11:13
fkli spot started to move up ( thats when i started to long and cipet teh started to short ) at 1740 and i am still holding it. today fkli retraces few ticks (which i think the correction is long overdue) and i expect cipet teh will write waterfall and crash crash crash story again soon. mark my words.
2018-01-09 11:23
Originally Posted by boeing767:
I invested my life savings of RM26,000 in the stock market after the 2008 financial crisis, and then it ballooned up to like RM300,000+ in value, which at that time was valued at >US$100k. This was back in 2011.
After running away to the US, I "parked" my stock holdings with my mom. Unfortunately, she sold a bunch of stock away to pay for my lawyer fees (RM100,000) and bail. Also over the years, my stock portfolio isn't doing too well anymore, because Malaysia is going to hell under Najib.
However, I still managed to move over a significant amount of my money over to the US using Bitcoins. That's for emergencies only, which is why I never liquidated them, no matter how hard it was the first few months in the US.
2018-01-09 11:32
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Flintstones
Lmao. Horse behind cannon. Dont think you bought in mid december. All you did was sell sell sell and keep cash wait for crash
2018-01-09 09:52