Bull balls with respect we are all here to make money. I just don't want you guys to throw money away when there is a selldown. Glove stock is holding pretty well but I think the bearish signal doesn't lie. Maybe next week is a good week. At the moment the trend is bearish.

I agree with Calvin pay up and hold but problem soany margin financing and contra kakis.

Jsoang yes once the trend reverse I go all in. For sure. Now its dangerous.

I am not sure what crystal you are using. All supports above rm8 broken. Next strong support is rm6. 70. Of course rm7.5 if can hold then good.

Trying to warn people form losing money also wrong?

Melting away as we speak. Monday will be the real meltdown. If you don't exit now

Dude trying to save some people from committing suicide

Next support at rm6. 70. It's very bearish.

You guys better sell. Last call. Monday cheaper

Sell signal bearish

Sell signal.

I told you guys the signs are there. Rm8. 50 and rm8. 20 plus the morning dip.

I just want to say I told you so. All the haters and all the ones who asked me to shut up. Now good luck. So many got stuck above rm8

It's bearish but with good support. Hopefully will reverse.

My aphorism of the day: margin finance is a double edge sword. It cuts both ways. You can double your winning and you can also double your losses.

The question is how to use margin finance safely and wisely. Since the interest rate for margin finance is only about 5% pa, experienced investor should use it to make more money. But you must remember that it is a double edge sword.

To avoid margin call, you must not use margin finance up to its limit all the time because when the price drops, you will be forced to sell. The more you sell, the more the price will drop-thus be creating more margin call. Forced selling is a vicious cycle.

To avoid margin call, you must sell some of the shares which you have bought with margin finance when the shares go up too fast.

For example: Both Comfort and Supermax have shot up more than 400% in the last 2 months. They have been dropping in the last few days rapidly due to forced selling. Many investors are forced to sell to meet margin call

Neeplayer modified the latest post by kyy

His conclusion :
Even Top Glove’s fantastic performance announcement could not help to lift up Comfort and Supermax. Many are expecting the rising tide can lift up all boats

Honestly think switching to topglove would be better.

@ididdontaskme you are welcome. I don't mind getting bash just want to help. Some of you send me private message to thank me. I appreciate that.

Uncle kyy just posted. Saying that margin financing is killing the shares for comfort and supermax. Force selling. So topglove rising tide won't lift supermax or comfort. Time to switch to topglove

Uncle posted. Said margin financing is forcing people to sell. Not even topglove can lift comfort anymore. Time to buy topglove.

It's a bull trap. And it is bearish. I warn people to sell since 2 days ago at Rm9. When it dropped to rm8.50 a few times I also told everyone to sell. But you guys just called me names. Some even curse me. Then below rm8. 20 some more say I am spoiling market. So when it went below rm8 this morning all the bearish prediction came true. I am no sifu. Just trying to save you guys some capital. But its OK I won't say anymore. Good luck trading.

IBs are selling and uncle and aunties collecting. 1st wave glove shares are cheap. 2nd wave people are prepared and glove shares are fairly priced. So I am not saying don't buy now. But prepare to hold that's all.

Support broken at rm8. 20. It's bearish.

Hi rr88 welcome back. I have been telling them the support at rm8. 20 has been breach so many times yesterday and today.

Bear trap. Good luck

It's a bear trap. Sell.

I am using cimb. Works OK for me

If you. Manage to make money on rebound be happy

Sell. Bearish will go below some more.

Support at rm6. 70

Look at the queue. It is going down. Good luck.

Look at the sell down

You guys wanna buy into the future is up to you guys but I am telling you all the signal points to a bearish trend. Don't get caught. Can always buy when it reverses. Or when the big boys are back again.

Those singing second wave third wave. Orders are at full capacity and priced in already. Unless you are prepared to hold until next year. Then yes be my guess and take the risk.

Orders are at full capacity. All priced in.

Today's support at rm8. 20. Once breach it will free fall.

Jsoang Ooi so you took profit a day before. That is smart.

Jsoang I am surprised you didn't get burn. What time did you buy? At what price?

Edinvestor probably looking for an exit. He wants you guys to buy his ticket so he can cut loss or even make a gain

When it goes up those bought at rm8. 50 will exit and let go. Those bought at Rm9 will also cut loss. Good luck.

Jsoang Ooi that's what everyone said yesterday and they got burned.

Just don't get burn because the risk and profits return is too risky. If you are gambling then stay away.

It will go down further don't catch falling knives. Wait for a solid reversal.

It will go down further. Don't catch falling knives.

The selldown will continue. Dow Jones - 1862. Let's not forget the crash back in March glove counters was still cheap. Now they are fully valued and profit taking will take place to protect profits because we do not know how far the Dow will plunge tonight. Plus today is margin call and Friday and we wouldn't want the uncertainty over the weekend.

It is not a matter of cheap or not. If a market needs a reason to take profit it will do. All glove counters are fairly valued at the moment. So no point taking the risk not knowing whether the Dow will plunge further tonight. It is about dodging a bullet.

Eatcoconut it is okay we all make mistakes. As long we learn from it. Just don't ignore the signals the market is trying to tell us.
Margin call and selldown today. It is going look bloody. Good luck guys.

Eat coconut did you manage to sell yesterday?

Back in March, glove counters were cheap. Now they are fully priced in and at full capacity. - 1862 for Dow. Bearish sell down today.

Dow -1872. Better sell. Everything will exit the market tomorrow.