After done so well in 2019 ... today, I managed to lose!! ouch.

cutloss all to be in full cash position as KLCI hitting 1700 level.

sold : Mitra, Frontkn and Supermax, all in small losses.  Others all sold last Friday. Harta went higher. haha

If one could understand WHY markets so volatile ... and also WHY so many spikes ... then, u will know WHY retailers stuck up there BIG time ... way before market crashing.

Simple as that ... no one want to ADMIT market is crashing and most sectors are not doing well , fundamentally and charts showing strong downtrending.  So ... the recent spikes in VS for example would be a good time to SELL/EXIT ... buy some stupid-naïve-greedy retailers jumped in at high 90cents or above , stuck ... today it closed below 80cents.


no ... I didn't take VS ... as it is too volatile for an old-man like me. haha

So ... I m focusing in SELLING and asked my group to reduce position or no taking anything this week as pullback expected.

we cant win all the time ... so, the rare losing day for me. And I m taking a pause for at least 3 days.

Be fearful when everyone is greedy? haha ... I shorted the FKLI. haha.

Night.

TEH