BN and PAS have retracted their support for Dr Mahathir Mohamad, GPS declares support for Dr M

Bullshit at best! Just look at the wealth loss in Bursa!

In times of danger, ppl would forget their differences n band together to face the common adversary. But, there is no such spirit among the politicians here. In face of global slowdown, virus ... they pulled the rug n let the whole house collapse.

At first, ppl said virus is only fr China. Now, they realise we breathe the same air.

Read "Sarawak Report"

Azmin's coup failed

Read "Sarawak Report"

"It was on this land, where peninsular, Sabah and Sarawak brothers and sisters COME TOGETHER that we were reminded of the essential decency and dignity of the Msian people - where we came to believe that through this decent and dignified journey, we can build a more hopeful Malaysia for ANAK-ANAK Msia."

Thats great! But Masing wants to work with PAS.

Harapan gov't collapses but opponents have no clear majority either

This power struggle will bring the whole house down amidst a global slowdown. You can see how selfish politicians are.

Why is it so ? Pls share yr thoughts.

The seat at the top is so cosy. Anyone who is sitting there will never vacate it. Probably with new gomen, 1MDB cases will be dropped.

S'pore is rich. For M'sia, what do we expect ? In good times, we run deficit, in bad times we run deficit. The result is we are in big debt.

Keynes' idea is to run surplus during good times n deficit during the bad.

As long as it is not negative. M'sia 's debt shot up to near limits after Jibby splashed stimulus in the wake of 2009 GFC. Was this oversized big splash, which we could hardly afford, really necessary then ?

Now, we have even less room to manoeuvre due to debt ceiling. The saving grace is the national debt is mostly denominated in MYR.

The US stockmarts went up due to mostly share buybacks by the companies themselves instead of investing in R & D.

Posted by newbie2019 > Feb 6, 2020 7:11 AM | Report Abuse

Junichiro, what does the chart means? Mind to share? Can only enter at 4.4?

It means that the pattern will likely to end somewhere there n there will be harmonic support there. But markets have life on their own. Markets do not necessarily have to obey trend lines,....etc. We are dealing with probabilities.

Lanjuan Li, an expert at China's National Health Commission, announced that Arbidol (commonly available as Umifenovir) could effectively inhibit the novel coronavirus, proven by latest research findings, reported Global Times.

Lanjuan Li, an expert at China's National Health Commission, announced that Arbidol (commonly available as Umifenovir) could effectively inhibit the novel coronavirus, proven by latest research findings, reported Global Times.

Order amidst chaos

https://www.tradingview.com/x/ag0DMVZz

Kawan, u sudah out of date. China kini capitalist. China mempergunakan "komunis" sahaja. U ada pergi ke China Jalan-jalan ? CNN penuh dengan berita palsu. RT penuh berita benar.

It is foolish to lecture other countries when there are lots of shit here to be cleansed.

Gone are the days when Valuecap will mop up the shares to stabilize the market. It is no brainer that gomen does not have money.

That is how EPF make money. EPF have core holdings of Takaful which it does not touch. Only the portion EPF allocated for trading is now in play. It can sell first n buy back later.It does not have the problem of being caught for short selling.
By that time, a lot of retail players would have lost $$. Then it proceed to buy back. When the stock goes up, retail players will follow. In short, EPF buy at the lowest.
EPF needs profits to distribute dividends to EPF members.

All Gann support levels broken. It only means the down trend is very strong. We are now in unchartered territory. The next Gann support level is around 5.20

Buy only if u have deep pockets.

Gone are the days when the so-called Valucap will buy to stabilize the market. Gomen have no $$$$ now. Gomen debt all time high due to reckless spending during downturn in 2009 as though we have unlimited capability n the creation of 1MDB monster.

Freefall now.

2 lines of support of Pchem.
https://www.tradingview.com/x/LLHdOLNM

Takaful now in the start of its 5th Elliott wave down.

The daily chart. https://www.tradingview.com/x/ymp1SSId

The monthly chart : https://www.tradingview.com/x/cNgN9dmL
Takaful started its uptrend in 2011, almost 9 yrs to reach its top.
The 5 up waves having been completed, this correction is to correct its 9 years uptrend.

Posted by Up_down > Jan 21, 2020 2:32 PM | Report Abuse

Who preach about the myth of long term investment in Bursa? BAT share price has burned more than 80% in 5 years.

It is true. Keynes said "in the long term, we are all dead."

I do not think making wars to bring regime change is human. Mainland Chinese are free to study overseas, migrate overseas, marry foreigners .... I am sure this is the same "freedom" that the west is singing.

update

https://www.tradingview.com/x/3ZA2sgbi

This means that any official from any country (including USA) can be killed using the same excuse provided by Pom.

signs of further downside.

https://www.tradingview.com/x/bOWMnYx3

Do we need to speak English like a white man ? If u listen to white speaking English, I am sure many would have to focus to catch what he is trying to say.

According to Fung Shui, the Fire Element, which is the driving force behind the economy, will not return until the Year of the Snake in 2025

Most of the bankers I know simple lose money in the stockmart. One former branch manager of a local bank sold all this stocks in a fire sale when the KLSE crashed in 1987. He even sold off all the stocks of his wife in a fire sale. He even lined up to withdraw all his money when there was a run on Public Bank in the 1980s. A friend of mime phoned me up n asked why the bank branch manager participated in the run on Public Bank.

Another former manager of a local bank asked me why the stockmart can go up n down.

That is why a handful of economist got it right. There won't be a trade deal. Trump will make positive tweets whenever the Dow crash. He hope to keep the Dow up till 2020 election.

Unfortunately, he give false hopes to US farmers. The farmers should quit their farms n seek jobs in the city. They won't get their markets back. It is already long gone. When u shut yourself out of the supply chain, others will surely come in and take your place.

Trump will try to prevent the Dow from crashing by tweeting all his nonsense. He will try to maintain this till 2020 elections.

US opens new fronts in trade war, targeting Brazil, Argentina and France.
It is US against the whole world.

All telcos started their downtrend after Jibby raised spectrum fees years back. Having to borrow huge sums of $$$ for spectrum fees n capex, the question is could they at least maintain their dividend in the future.
I owned a lot of Maxis but I woke up when Jibby tried to milk the telcos. From $7 share, it dropped continuously to $5.60. I sold off all my holdings when it recovered to 6.40. I am happy to part with Maxis.

https://www.tradingview.com/x/tx7Wa934

We have come to fork of the road. The question is has KNM finished its wave 5 ? My view is KNM may have completed its wave 5 where its wave 5 is almost an equality of wave 1.

We are dealing with tendencies not guarantees. KNM may well be embarking on its ending diagonal to end higher. I would take this view only if KLSE is having a bull run but KLSE is bearish. Even with Elliott Waves, at times we do come to this fork of the road.

https://www.tradingview.com/x/jd3UZLYj

He is not a hero, but why did M'sia signed the Accords then ? Like the colonizer, UK alleged that China is not honouring the Sino-British Accord in 1997.

Posted by Junichiro > Nov 14, 2019 9:36 AM | Report Abuse X

a technical picture update

https://invst.ly/omp77

Target reached. But, I do not think the correction is over.

HK got cure? police arrest, British judges release, now those same British judges says anti mask law unconstitutional

During colonial times, no HK judge said it is unconstitutional. Suddenly, the same law is now unconstitutional. I smell a rat.

The numbskulls in HK should have reached out to PRC abt the future of HK after 2047. The Basic Law does not spell out what will happen after that. Instead, they destroyed all the trust n goodwill. It is no brainer that Hk will just be another PRC city after 2047.

As for Macao, there is a chance for the 2 systems to continue with some modifications after the transition period of 50 years ends.

"USA- a stolen land" by BBC

Maybe they should make a video n upload on Utube. The title : "Hong Kong, a stolen land"

I watch one on Utube : "-a stolen land" by BBC. I saw some comments from the whites that such video should not be made by BBC.

If the riots continues n business close down, sooner or later the HKD/USD peg will break. Those ppl there will eventually end up with RMB.
But if u ask the rioters, they will surely tell u it won't happen.

CIA. US NGOs in HK are fronts for CIA.

There is truth in it.

HSBC to close corporate account being used to support Hong Kong protesters through crowdfunding

Banking giant told holder of ‘The Prime Management Service Ltd’ account last month to clear the money within 30 days, source says
Account is being used to raise funds for Spark Alliance HK, which helps cover legal and medical fees for protesters
“This client only stated that the account was for a commercial purpose. But in reality it is being used as a platform for raising funds. This doesn’t match the account’s stated purpose,” the source said.

“There has been a large amount of money going through this account every day, and the bank may have money-laundering concerns.”


"legal and medical fees for protesters" is just a front for financing the riots.

These young protestors who preach human rights n freedom of speech but burnt another of their fellow citizens due to differences of opinion, are respecting rule of law ? fighting for democracy ? fighting for freedom ?
These youngsters are the future of Hong Kong ?

They are the future dictators or future fascists.