My Trading Adventure

KLCI bearish day #2

CP TEH
Publish date: Thu, 11 Oct 2018, 11:00 AM
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.





shared here a nice Malay song I have in my playlist, start liking it a lot.

10.45 am : KLCI minus 47points, at 1688 now. 1700 broken beautifully.

Average down : If you still averaging down all your funds in your losing stock, think again what will happen to your stocks when crisis here. This week selldown is just a hiccup, short term correction and we shall see rebound.Do be too confident whenever it is red = buy. You will be stuck MUCH MORE. Don't be naïve to catch knives.

HSI : minus 940 at the moment.

FCPO : gap down ... minus 30 now.


Property : the index is a strong downtrend ... with many properties-stocks in new low. AVOID.



SPSetia : long black yesterday ...pulling the index down.

tonight see got mood ... if DOW minus another 800, then only have e-meeting. Let all retailers killed first , then only talk about buying. Let them average down.

TEH


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