PUNCAK has a last support at 2.88.
It has to arrest the selling around this level or something is going sour.

Dare to lend your support here.

Mkt's on selective penny run..

R we approaching the end of the tunnel or the road ?

.... DOW had a daily macd gc. If base on past reversal pt/trend, yes mkt is high chance on early uptrend.

Icahn played NFLX, HLF n now aapl. He loves good stocks that r sold down for quite awhile.
n he will enter after seeing reversal in trend. AAPL is in bull zone, any strong sell down is a BUY.

Now KLCI is too bullish edi.

Malaysia Boleh is magical.
2 days of strong program buying has caught the FKLI shortists niceely.

Prepare for market panic: Jim Rogers loudly said.
Can we trust his critical view this time ?
n r we approaching the crossroad to buying 'CASH' ?

http://www.ifre.com/prepare-for-market-panic-jim-rogers/21104386.article

Quite a respectable bounce up to near my level of sold prices.
Will focus on searching the new great winners for the next up wave, something like last favco, myeg...
might be good to sell into strength 1st then buy back later.
it's a better order sequence of entry this way.
for daredevil, good buying was ysterday = a down day n to complete a round trip with sell on up day/s.

It could take weeks to see a KLCI trend reversal.
If u must trade, very Short term dealing for now. Index down days means buy some, index up day/s means sell.

Dear Frank Soweto, It is perfectly ok to 'hantam' me kuat kuat for that mistake.
Or I am about to physically abuse n slap my own face really hard again, so that I can remember this mkt reversal pt forever. I had seen this many times over in my investment career.
To remember well n take appropriate action like this time, I must pray for it. Nobody else can help to highlight the critical pts.

Dear Frank Soweto, Thanks for rubbing in the salt.
I have overstayed by 1 week. Last Mon 19th Aug KLCI was confirmed turn turtle with a vacuum gap down. Tue 20th Aug was the last chance to get out fastest possible at best of prices.
I was overly confident n neglected looking at the KLCI hour real time chart then.
Like most others, I pray n hope n mkt just turned these 2 words to a big 4 letter word. A mistake that has cost me all the profits n some casualty.
I have high fighting spirit. Just hope, will not lose this job for too long.

Dear iafx, u r the true # 1 in i3 forum.
Do keep us all posted at all times...

In a crash-like continuous fire sale scenario,
TA n FA 'sudah terpakai or tak boleh pakai'.

F-E-A-R has 2 meanings :
i. Forget Everything And Ran.
ii. Face Everything And Rise.

The choice is yours.
This is food for thought from RATAN TATA, the Indian Billionaire.

KLCI is being hit by 'financial accident' led by attack on our Ringgit.
In all accidents there r sure people coming to help. Yet to see people offer to help in this 'financial accident', more so from the opposition.
It is so ironic that they r running down our country n economy in times like this n causing many to dump away their stocks for cheap.

Dear JTFX, Will continue to stay fully invested with some rebalancing to strong stocks.

R u seeing blood or money everywhere ?

Wall street Warren B. bank is 1st to chop 2,300 heads/jobs.

http://www.bloomberg.com/news/2013-08-21/wells-fargo-said-to-eliminate-2-300-mortgage-jobs.html

... leading to bankruptcy of some PLC in wall street.

Dear Hafiz Millip, Pandainya..
US stock mkt culture is based solely on daily news flow.
All the reporters n journalists of free internet news portals r controlled n salaried by the prominent hedge funds. Either way, they will dramatized the news to the easy benefit of the funds.
And lots of highly educated readers with good englan always r being taken to the 'cleaners' following those free news essay.

Importantly, all of us have to make a stand whether these r noises or a real start of new world damaging event.

When purebear matures, pureBull has to take over the driver's seat.
We could be very close to that pt.
With due respect, DOW still holds the trump card.
Hope it behaves well in next immediate day/s !

So much stock has been sold.
The only thing that could happen, the same sellers will turn buyers...

QE 1, 2, 3 is FED's repeated syndicated buying high in old T-bills n selling low of brand new T-bills to top biggest banks in the US, thus making these 'zombie' banks very profitable.
A simple number entering process to these banks resulting in organic gain in their books.
These big paper money never enters the mkt ! Rightfully Nothing much to
worry about, except those 'zombie' banks' earnings will be deadly impacted n many of their workers could end up on the chopping board.

The imminent QE tapering news strengthen the USD n thus gave the leading
hedge funds to whack havoc on the forex mkt which in turn hit hard on the
stock mkt n set the investment clock in motion.
It was reported that G Soros long AAPL n HLF but hold huge short position
on S&P 500 spider etf. He did again n the cult following continues...

KLCI at around 1739 - + 10 pts, buyers must be seen to appear in this zone or might hv to seriously take action to ran...

DOW is at critical level. close monitoring this few days, n pray for reversal.
our neighbours in indon n thai r under fierce attack.

Just ystday n today, every thing turns turtle. another 2 days later might just turn back up n hit the ground running...

Yes, the Last straw is determined by the close of KLCI of the day n then the week.
Hope n pray it is the case of kneel down to jump much higher later...

WHY every year after a festive season 1 big fund must do a sell down on reopening to work of its festive year ?
Do they know what is corporate investment citizenship n its responsibility ?
Or is there such a thing in corporate Msia ?

That seems a perfect Right Timing switch.

O n G theme is ever on. Another theme play is on Low PE stocks.
Once it begins to move it will continue up charging,,,

Anytime next early ptaras I bet.
Switch from ptaras for super quick $$$...

The return of old time favorite stocks.
The value play is well n continuing...

QE 1, 2, 3 is FED's repeated syndicated buying high in old T-bills n selling low of new T-bills to top biggest banks in the US, thus making these 'zombie' banks very profitable.
A simple number entering process to these banks resulting in organic gain in their books.
The money never enters the mkt ! Nothing much to worry about, except those 'zombie' banks.

These 3 rules have re-made OTB a millionaire many times over !

It is the most sincere sharing of a nice gentleman like OTB who have
gone thru the extreme torturous primary cycles of KLSE.
A man who fought this endless 'financial war' n re-invent himself
financially back to the mainstream of stock mkt.

If he can make it, U too !

" Selamat Hari Raya & Bull returns "

Next week onwards, all the high rollers r expected to be back in action
full time.

The 'kwailor' took the opportune time to downgrade our country knowing
very well that our powerful high roller fund managers r away in the
festive season. Only by doing so, their voice can be effective to plunge
our stocks momentarily. Not to worry, these rating agencies r known
to be always looking at the rear mirror. They r completely blind n will miss the bright future ahead.

Ronald, well done.
go ahead, buy a public hedge fund.
make it tick all the way...
show to the world, oriental pple can make it too in stocks.

2 more weeks to RAYA.
There will be more sparks of excitement coming soon...
High rollers will be back in action.

yungshen1, Be honest, I know u loss tons of money in kan nee ma n taken to holand by lee baba.
u must see otb. he can help u for a small fee compares to the tons of ur losses.
many around in i3 should just do the same !
Be Happy Trading forever...

Mkt is slow but steady. Might be a good time to do rebalancing = sell the not so promising for better ones since all stocks r at the same low stage.

We saw a very explosive 1st big step post GE 13. With this lull, we would expect the general mkt to continue to the next higher 2nd step in the coming days, after witnessing KLCI trending niceely above 1775 ...

I would believe syndicates r having it tough to operate in this not too lukewarm mkt. Recently we saw them using the big names in the infamous teh soonseng with ajib's son. It was reported this pair pushed up eastland for just 3 good days to see it crashed faster than it moved up to infinity down days everyday...
Sell all speculative pennies fast. GO for stocks with nice Elliott wave formation = higher high targeting the 3rd wave = longest up wave.

$ $ $ stock selection.

REDTONE, SCOMI, SCOMIES r coming soon.
SUPERMX, above 208 to close monitoring.

I guess there r too many 'langsi' pple holding small amount of this stock.
Can some1 advise them to humble down fast with loving kindness ?
When that happens, SCOMI certainly will fly to the new blue skies ...

KLCI above 1775 is uptrending again.
Today's gap up opening is encouraging...
Is this the real Mccoy ?

R u all fully well position for the good times yet ?
Or more than half load thru.

rm5 billion contract/order book is with scomies n not scomi.
i knew it only yesterday. nobody not even the FA guys here to shed the light, bang the wrong balls.
daily chart scanning keeps telling me scomies is the great winner.

This young man has done it RIGHT on the trending mkt.

Be sensitive to all things RIGHT n Simple.
Making money must be easy, if not it's wrong way !

His way is encouraging n empowering in this endless 'financial war'.
Far much simpler than the most confusing complicated complex financial #s
wanted by most 'educated' people who always never thought there exists a simpler way.

Well done William. Go on to impact the investing community...
http://purebull-bursatrader.blogspot.ca/
http://klse.i3investor.com/servlets/cube/post/purebull.jsp

PureBULL . > Jul 5, 2013 03:07 PM | Report Abuse X

Bought TA, MYEG, JOBST yesterday, THOUGH AT HIGH PRICES.
Today, buying into CANONE, PRESBHD
NOW MONITORING:
ENGTEX, KEURO, MAGNUM, SCOMIES, REDTONE, YINSON

Dearest kcchongnz, kcloh n all,
Master ahbuf or ahfet taught us all the very complicated ways to stock selection.
He has a simplest way but he's keeping it a top secret.

HKTAN: FBMKLCI & FBMEMAS STO & MACD are at the Over-sold. RSI shows sign of reversal.
If China recovers, market will recover in next 2 days.

PureBULL:
Mkt at two minus definitely looks cheap n at oversold condition.
2 ways can happen :

1. strong reversal from here means smart money is caught by the pandai retailers. n they must push up fast to sell back to retailer or it can go all ways to new record highs.

2. a range rebound from low prices of two minus level for few days to see it going into three minus = ( one minus + two minus quantum ). Ultimately Dow holds the trump card to dictate where n how much to go.

SE Ng: can explain what is 2 minus?
PureBULL: Minus = down steps of "staircase" , Plus = up steps

For now, at any strength aim to SELL for the highest prices. This corrective wave will take some time to taper off. Smart money always plan to buy/accumulate big n at good prices. That takes time to achieve.

I am very very worried for the mkt now, though I have none..............

Sun Tzu said, mata-lai choww... I am a good student of this words.
In my investment career, I had great escapes at the onset of deadly crashes like,
Asean Currency Crisis on Mar 1997 - Sep 1998
Y2K on Mar 2000 - Mar 2003
US subprime Crisis on Oct 2007 - Mar 2009
What's next ? FED knows.

We all go down from 1st step to 2nd step n all the way down to ground floor n at times to the basement.
Mkt's now at two minus. It can whipsaw in a range for awhile.
Do not wish to meet three minus = wealth destruction.

Dear andychucky28,
U dare to speak n shout loud. That's a very strong point.
Will suggest u start a blog n document your mkt views n observation chronologically. U can impact many lives hence giving back to this community.
This way u will definitely excel further ever laughter...
Same applies to many others here.

I had Over confident on KLSE n Over stayed by 2 good days even after seeing a Clear two minus on DOW's Thu closing.

Very sorry for not shouting get out of stocks fast on last Fri. Ever unlearn n relearn on stock mkt. Speed wins...

New chapter to master on the psychology n the next likely mkt reaction on FOMC contents.

100 % naked of all stocks
no black 505 no support for mkt.

100 % naked of all stocks

Everybody says mkt in volatile mood. Couldn't agree more.
Means any stock that spikes up all of a sudden = rush in to sell on strength.
U can buy them back on weakness. It's tough time out there till US mkt stables.

Dear BC475654,

Let's start with the most inspiring n simplest ebook to read, ie.
" How I made $2 million in the Stock Mkt " by Nicholas Darvas.

The rest shall follow on time release mode.

Please just forward to the whole list who requested n more r forth coming too.

Happy reading n prospering,

PureBULL
NB: Arrived in your mail now.