http://www.theedgemarkets.com/my/article/oil-slips-month-highs-glut-weighs

http://www.theedgemarkets.com/my/article/oil-slips-month-highs-glut-weighs

Ya, Charles...I think HV is out of money too if not mistaken...

Wei Jie, I think I know you...u work in Watson right?

I just have a feeling we will see KLSE at 1730 this month

HV, HW, H25, H27 ... longer maturity date but H25, H27 out of money ya

duitkwsp..haha...betul2, bull masih kecik, biar main main dulu...lepas main, rehat kejap, terus masuk sawah padi

mainbesar, tikam HU besar?

bila parliament seating?

wei, come down below 1700 la...climb so high for wat

most likely we going to see 1740 this month, then its putties in Nov.

if crude oil naik, put warrant pasti suffer

this month the bull will fight hard and ride on the global uptrend...they will push as high as possible. Also take note net buyers are foreign funds and net sellers are our institutional and retailers...so, its a net net...meaning our institutional are taking this opportunity to sell off from all the buying the did when KLSE at 1605...

But if we hold until next month, bear will be stronger

Putties still holding strong. HW, HV, H25, H27 .... HK a bit tricky cos maturing on 26th Jan 2016. Already less than 100 days.

Putties will dance in coming weeks.

The feds dovish report is nonsense. DJI just react as they want and use it as a excuse to pump up DJI. Job data still solid, unemployment rate keep on dropping. Worst case, fed will raise interest rate early next year. So, buy put warrant that expire from April - July 2016. otherwise, if fed did not raise interest this year, then warrant that expire in Dec or Jan will be susah, cos Dec and Jan usually is window dressing time.

Putties still holding strong. HW, HV, H25, H27 .... HK a bit tricky cos maturing on 26th Jan 2016. Already less than 100 days.

Putties will dance in coming weeks.

The feds dovish report is nonsense. DJI just react as they want and use it as a excuse to pump up DJI. Job data still solid, unemployment rate keep on dropping. Worst case, fed will raise interest rate early next year. So, buy put warrant that expire from April - July 2016. otherwise, if fed did not raise interest this year, then warrant that expire in Dec or Jan will be susah, cos Dec and Jan usually is window dressing time.

Going to test 1700...time to go into putties

DJI will be looking at earnings report next week I think...banking will be under scrutiny. So, prepare for reaction

apanama,,,,you might be right on KLSE will have maximum 1750 only. Most analyst says that.
Do you think it will drop back to 1600-1620? It seems Friday have a weak closing, 1720 drop to 1706.

any thoughts where klse will head? 1740? or break below 1700?

http://www.theedgemarkets.com/my/article/bnm-seeks-1mdb-repatriate-us183b-m%E2%80%99sia-after-revoking-permissions

Might be good news? USD1.83 bil to come back to malaysia

Many had positioned at 1710 for put warrants... I am one of them... if KLSe goes up to 1740, then putties will incur loss...otherwise, 1710-1720 not much difference.

Take note of Put H25 and H27, new issue from CIMB

by the way luoli, pls remove ur fake photo

LuiLo, means many people are buying put...betting KLSE will drop. The put price is higher at 1710 than 1690. Imagine that...

Taiping bear, what is ur buying price? Mine is at 0.245

Yes, they might march to 1740. Just gut feelings they going to push KLSE as high as possible in Oct. Then after that, the put will dance

taiping bear, you sold HK? I bought into puts yesterday...did not sell yet. Feds story had been so old. Every month feds story. Even if they raise interest, its not going to be that significant
Secondly, whether they raise or not, market will make excuse to move.

1. If they raise, market will drop cos say impact emerging market
2. If they did not raise, market will drop also cos say global economy not good, so fed did not raise.

Bull shit noises...Im holding put still until something significant happen (MYR <4 against USD or oil price hit USD70 or KLSE hit >1720)

cut loss HK? what price u bought at? why so fast cut HK? cos we still not sure if KLSE will trend up or down 1700

haha...night guys !

so tense right now....1700...haha...I think I will even dream of 1700
Anyway, all the best everyone...

and jobless claim already down to 42 year low...so, the interest rate hike talk begin again? endless cycle...just get over with the hike and let emerging market adjust itself

Everybody so nervous at 1700 ya...not sure go up or down....obviously the market wants to move up..and it just need 20 points to hit 1710
At the same time, so many ppl already start betting on put. Put warrant increase >10% just because of this herd mentality...
So, I am suspecting they will probably want to flush out put players first before they really put it

http://www.theedgemarkets.com/my/article/equity-rally-stalls-german-data-casts-cloud-over-global-growth

http://www.theedgemarkets.com/my/article/equity-rally-stalls-german-data-casts-cloud-over-global-growth

The key is 1700...KLSE hit 1700 and went down. But close above 1690. So, KLSE is going to try second time tomorrow to breach 1700..... If breach, then we will be seeing 1700-1740.
Otherwise, 1670.
A lot of analyst says we will never hit pass 1751. and most predict KLSE will hit 1500 by November.

So.......how how?

1700 formidable resistance.....already rise 200 points from 1503 low in Aug. Might see south for KLSE

Banking sector represents about 40% of KLSE weight. Therefore, whether can break 1700 lies in the banking sector. O&G also does impact.
Public bank is reaching its resistant at 18.5
CIMB also almost reaching RM5 resistance
MAybank might still have room to go up to 8.8

Notice that Put warrants already marching strong even when KLSE is positive, a lot of ppl are hedging KLSE to go south pretty soon. 1700 for KLSE and 17000 for DJI proof to be formidable resistance ya

Or roughly where the market is heading

Thank you Apanama. Good write up.
Fund manager, tell us what is your KLSE prediction next week?

Kamloontai, support is not looking at warrant price, it is looking at FKLI. 0.305 means nothing. You need to look at FKLI

I believe we are into bull era.

1. China start to trade again tomorrow and they will play catch up
2. Oil continue to rebound and US stockpile dropped.
3. Fed most likely not to increase rate this year
4. RM and rupiah and regional currency rebound strong
5. Not to forget valuecap RM20bil. For the whole of 2015 until now, total foreign outflow is about 14bil I think. If you do the maths, RM20bil can eat up all foreign outflow for 1 year base on worst case scenario.

if KLSE break 1700 tomorrow, 1740 might be coming. Just my thoughts ya

I believe we are into bull era.

1. China start to trade again tomorrow and they will play catch up
2. Oil continue to rebound and US stockpile dropped.
3. Fed most likely not to increase rate this year
4. RM and rupiah and regional currency rebound strong
5. Not to forget valuecap RM20bil. For the whole of 2015 until now, total foreign outflow is about 14bil I think. If you do the maths, RM20bil can eat up all foreign outflow for 1 year base on worst case scenario.

if KLSE break 1700 tomorrow, 1740 might be coming. Just my thoughts ya

Apanama, any advice going on from here?

I cant read mandarin...so too bad. But a lot of other materials that are similar.
My net profit after 4 years of trading is only +10k. I make huge losses last month
Now hoping to ride the bull

Ivan, you have cold eyes...haha...good for u

KAQ, esok boleh makan KFC + Old town white coffee...

China is trading tomorrow, so they expect them to catch up with their peers...so, tomorrow I am betting a bull...lets see how DJI closes today, if above 17000, then very nice position d.

There is a report last week to SOS (Sell into Strength) when KLSE hit near to 1690-1700. To sell position into strength. So, what u guys think?

Tomorrow I am betting KLSE to touch 1710. Any bets?

Hang Seng and Nikkei....RM and oil rebound.. not to mention rupiah rebound... Very strong. 1690 already. Who would expect. only 11 points tomorrow to Break 1700.
Budget also coming out soon.
1700-1740 range coming.

By the way, I missed to ride C12. Nvm, learn from mistake again.

Malaysia’s currency, Asia’s worst performer this year, is rebounding as higher oil prices shore up revenue for the region’s only major oil exporter. Brent crude rose 0.6%, adding to a 5.4% advance on Tuesday, and data on Wednesday showed the nation’s trade surplus climbed to a nine-month high in August.

An Indonesian policy package to be announced as soon as Wednesday will seek to lower fuel costs and boost bank lending, said President Joko Widodo

"We’d always expected a turnaround for emerging currencies sooner or later, but never of this speed or scale," said Trian Fatria, treasury research analyst at state-owned PT Bank Negara Indonesia in Jakarta. "We keep revising our estimates and charts, but the rupiah has breached all its technical levels."

http://www.theedgemarkets.com/my/article/ringgit-jumps-most-17-years-rupiah-surges-stock-inflows

i think will still touch 1700 before a pull back...just my thoughts ya... DJI last night did not rally. If tonight rally, then KLSE will most likely touch 1700 tomorrow. So far good news continue to flow in, so the momentum will continue to build.

For Airasia, sure got news on privatization but MAybank says it is not probable and AA deny the rumours. So, its really had to catch.

DAX german also up 100 points ++ to 10000 points d.

mainbesar, what price u bought AAC25? Air asia just deny the rumours on privatization, that's why after lunch the price start to drop. Not sure which is true now

Apanama, yes, we are moving into a bit tricky position going into 1690. But I think we will briefly breach 1700 in this month.
Yes, I believe in the almighty God.

apanama, I missed this.... nvm, continue to provide us your experience and skill ya...good to have you in the forum. I can sense that you talk different from the first few conversation already...haha
Nonetheless, lets see how KLSE close...if above 1670, then we can look forward to 1700

I really miss this rally :((
Nonetheless, happy for u guys.... all indicator is showing positive, yet ppl still try to carry the bear around...