Punters usually like to chase high and could end up selling low during a correction.

In fact, a good investor should do the reverse - to buy low during a correction. Of course, we can space out our purchases to capitalise on the beauty of dollar cost averaging.

Mkt operator loves to use the buy and sell queues and trading vol to influence our thinking and investment decisions.

This counter has experienced a selldown of 5.5 sen(3.5 sen yesterday and 2 sen today) within these 2 days, correcting a grossly overbought condition.

Like most glove counters, a technical rebound is expected soon.

Supermax and Hartalega Holdings are among the glove counters up today, in a generally depressed broader market..

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Glove counters are off the day's low, suggesting some bargain hunting....

Not recommended for contra. Do it at your own risks...

Glove counters are off the day's low, suggesting some bargain hunting....

Yes. From previously "overbought" condition to "oversold" now. Technical traders have bailed out and shares are supposedly in stronger hands.

Seriously if we look at the chart, the rally for this counter started around 77.5 sen with the initial onset of the virus. So, the price premium for this virus is theoretically the difference between current mkt price and 77.5 sen.

I have reserved more funds to top up if the operator is kind enough to press it to 80 sen or below, assuming virus condition has not materially improved.

Once the average holding cost is above the mkt price, you can decide if you want to sell for a profit...

Buy and sell at own risks.

Nobody can tell exactly how low the operator can press it to flush out weak selling. A more scientific approach for this counter will be to do dollar cost averaging whenever it drops 5 to 8% from your last purchase price..

I am queuing at 84 sen now.

Invest only with your spare cash and if u are still bullish about this counter. Not recommended for contra play.

Banker is not stupid. After selling out, he is pushing down the price hard to collect back his cheaper tickets.

This is how he makes profit. Life goes on. I wait to top up at lower prices too.

Wow, the operator got greedier today to close above 40 sen, assisted in large part by speculative demand.

Yesterday, the operator collected at 38 sen. This morning, doing distributions between 38.5 sen to 40 sen.

Very good "operating" profit, lol.

Do not be too happy yet. The operator could be trading between 38 sen and 39 sen for an "operating" profit....

Much will depend on the quarterly report due to release - any good news?

Well said. I am queuing to top up some at 88 sen...

We can expect higher demand of gloves to tackle the current Wuhan virus outbreak. The share price has corrected some 15% from its recent high. Time to accumulate this on weakness for short-term play.

Haha! Ask the operator lah...

On the other hand, somebody shouted, "Money flows in", when Prestariang Berhad was ramped up every now and then. Really?

To me, this is just part of the tactical moves for the mkt operator in his daily operations.

I am not greedy. Sold first today on cheaper tickets and wait for re-entry.

27 sen - 1st entry point...

IFCA has dropped below 30 sen again. It is back to my radar screen. I can start working on a strictly-followed trade plan to accumulate on weakness, with an option for dollar cost averaging.

Not for the novice investors...

Mkt operators are everywhere. Look at Ekovest, it drops below the support line after the mkt operator removes his support at a higher price.

Someone shouts, "Money flows out". Really?

Some may say this is a con or rubbish company. But the fact remains it is still well supported by the mkt operator at 10.5 sen and above. I cannot get it at 10.5 sen now, after I detected the last buying signal. Lol.

Of course, share price is dynamic. Let's see when the mkt operator takes away the support. Then, someone will say, "money flows out".

The readings can be "distorted" by deliberate actions from the mkt operator. More reliable source - let the QR report speak for itself within days, either good or bad...

I did say on 15 Aug that it was well supported at 10.5 sen. I wonder how many have seriously followed this buy signal....

I queued, but missed the opportunity to top up more this morning...

Wow, 11.5 sen now. I missed my 10.5 sen buy today... Lol...

Tested. I am right. 11/11.5 sen now. Never trust what u see. U must test it to know the truth.

Early in the morning, mkt operator pretended to throw down at 10.5 sen. But when I queued to buy at 10.5 sen, he started to stack up buyers instead. Lol...

The price action today seems to suggest that it's well supported at 10.5 sen, despite Dow's overnight crash.

Share price is attractive, but mkt is weak. Even rebound is at most a technical rebound. More will depend on the release of last quarter's result later this month to see its performance and prospects...

Buy only with your spare cash....

Selling dries up. So, operator can stack up buyers queue at 11 sen to churn vol...lol

Mkt is weak. So, operator likes to push lower to collect from weak holders...

Done. To keep as my treasury shares...

Seeing that the mkt operator churns down today, I queue lower at 11.5 sen instead...

Not done... Mkt operator is still absorbing selling at 12 sen...

I am queuing at 12 sen to top up...

Bought at 15 sen. Can keep it as a FD placement for 6 months, hopefully to generate a ROI higher than FD rate, lol....

I am queuing to buy some at 15 sen, with an option to do more top-ups when price drops more.

Mestron has fallen below its listed IPO price of 16 sen on continued pushing down by the operator. I view this as a good buying opportunity to buy and accumulate on weakness if the company can demonstrate its ability to grow its operating profit on regional plans and will benefit on the expected full swing of the 5G network in due course.

Global mkts have enjoyed a good run in recent weeks on improved macro outlook. Most mkts are currently trading near resistance levels, with lots of the good news already factored into the mkts for the near term.

US and China will resume their 2nd round of trade talk, along with the coming Jan 19 FOMC meeting, around end of January. Generally, mkts will be more cautious going into these dates. This is likely to attract some profit taking activities, after recent strong gains.

According to Bursa filing, Mr Brahmal sold 22m shares on 16/1/19. The price range on that day was between 34 sen to 39 sen. I do not think ikan bilis could absorb the huge vol of the selling. Some might end up with the mkt operator.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6040981

Well, if we just look at its price movement recently in isolation, I would agree that it has done well. But let's not forget that overall, mkt sentiments have improved a lot recently. So, how much of this price rise is due to better mkt sentiments as opposed to Mr Andrew Khoo's personal attribute is still a matter of great debate.

Let's hope that Mr Andrew Khoo will not let you guys down...

It looks interesting again as it falls back near to its NTA per share of 32.87 sen(as at last quarter's report).

A lot will depend on the outcome of the re-negotiation with the govt on the compensation amount/package.

The macro picture has improved a lot and the mkt operators start to play up counters to reflect this positive development.

While mkts are getting more optimistic going forward, some of the side effects from the on-going US-China trade war could show up in the coming quarterly results. Be prepared.

Just a word of caution.

Mkt is very hot now and even pp in the cave can also feel the heat....

My earlier prediction of a mkt rally has come true. As always, I am not greedy. I will take profits in batches, as and when necessary. In order not to affect other players, I will not announce it.

Wow, closed at 20 sen....amazing...

Today, I made a good profit selling my HSI call warrant, bought when it was thrown like toilet paper on the street.

Again, I am not greedy...

I thought the operator would press down at closing. But he only queued about 2m shares to sell at matching time.

Perhaps he knew he was not able to induce more selling at 10 sen. Lol.

I think the operator is trying to collect back the shares offloaded at 12 sen to 13.5 sen last week. I also queued buys at 10 sen and 9.5 sen today. But nothing done. lol.

While waiting for Hua An to move higher, I sold my Ucrest for a good profit at 29.5 sen today....

I am not greedy. Let other pp have a chance to chase higher....

What to do? Even Prestariang, My EG Services and VS Industry are also consolidating at the moment...

No clear mkt leaders to follow.....