just my viewpoint on trading of puts and calls.. it depends much on the stage of the ci is into... at the beginning stage of the run in (either up or down) it is the issuing house that is calling the shot so there would not be much movement..the guideline of the number of points equate the number of sen does not work then come the second stage when more traders step in building up the volume along the way then puts and calls begin to trade like equities where the support and resistance becomes more applicable.
so for now, nothing much is expected it kind of just hanging there going neither here nor there so for CR for example the support is at 6 and the resistance is at 7 so if ci hits 1580 and starts climbing then breaking that 7 could mean a retest at 10 sen (profit taking at 8.5/9) then 11.5 then if crazy 13.. stop loss at 5.

ehw bro, lu cakap macam bo lat this morning... i am waiting for 1580 then it would be happy hours MerDeKa...come on bursa we could make it on our own just need to run in accordance to our trading cycle... those bloody foreigners, the majority is exiting in any case so they should be watching their backs not us at bursa... we are the world we are the people so lets make it a happy national day for all malaysians... happy birthday MerDeKa...huat ar

a lunatic on the loose again...he was alright a short while ago...forgotten to take his medicines kut...henceforth would make sure he takes his pills on time...gossip sikit...tell you all a secret once he told me he got millions of dollar stuffed in his pocket and he would burn some whenever he is in the mood i said woah so rich showed me the money...true enough when he pulled out just two pieces of the notes...yes you are right it was in million denomination each... psst dun tell him that if not the pills he took would not work...
so bo pian in this case we have to be understanding and bear with his abnormal behaviour

wat has happened? a pin dropped could be clearly heard...

want to convey a very special thank you to our local institutions, the banking sector, telco guys and everyone for keeping our klci flag flying up...MerDeKa! MerDeka! MerDeka!

in any case we are going to brace the harsh weather ahead soon, so give us a few days more of joy please (trying to bargain with god) thank you wish one and all GOOD LUCK, we are going to need it
peace

good morning kawan kawan
taiko dows did not want to pick up the cauldron finding it too hot to handle and has passed the job over to er ko china shanghai to do.
so how? would he......? what we know is -- he has plans in place to revive the fire within their bellies to fight and hopefully turn up a winner in a most volatile and hostile situation (and the bloody ang mo instead of helping the cause , tokkok with disparaging remarks betui betui knn) er ko we are relying on you now... god bless you
so inadvertently this has placed bursa malaysia in a spot as to what it ought to do...gua pun blur blur and only hope, as we all do that the preparations for national day celebration stayed on course and not spoilt by this...god also bless bursa malaysia
we also got blessings from god

i say general rchi heloo there...GU LAI LIAO THEN HOSAI LIAO... then tomolo two for you and one for me k bo

i also happy for you duit...hari ini gua hanya dapat telor to makan
so sad

so happy for you ehw bro but please do not overlook the intermediate term which is bearish with the predicted bottom at the region 1506 then thereafter we would have to see the prevailing condition if a trend reversal would occur or the slide continues ...now we really hope bursa is on the beginning of the short term bull (mild) run that we all yearn for.
good luck ehw on your Cs.

ehw which C you beli can disclose bo

so to recap the levels that bursa would be chipping away are 1530-1535, 1547, 1567-1571 then 1594

greatman baru pagi pagi put up a no entry tiang... so now bursa is going to revisit all the previous support levels now resistance...you are exciteable one so kan cheong kikiki... we have time bro...hoot at the second stage is safer...so we ikut taiko new york and er ko shangai

morning 1915 it is still early days to say, but good that bursa is climbing back up tentatively so if shanghai starts its upturn then cantik...it would not be a surprise to see 1567 going up to the meaty 1594...may god bless usa

connie, may the force be with us...life would be dull without bursa entertainment...usa got to be gracious to lead the world market out of this rout beginning tonight then chinese pension funds would proceed with their equities purchases , a development that would have a positive snowballing impact on bursa and then a few days of rejoice to celebrate national day. then after that, it would be another day another story.

i am with you connie, sayang ... may 1506 douse bursa ring of fire.

good morning kawan kawan
lets hope the new york dow and china shanghai would stop the challenge to the race to first reach the bottomless pit... us, being the taiko and the no 1 economy in the world must be gracious enough to take the lead to calm the nerve that is now tormenting the markets across the globe...
want to make a wish, i wish it happened tonight then that would encourage the pension funds to nibble away at the chinese market which her people are clamouring for...and that development would have a positive snowballing effect on our bursa coming just in good time for us to at least for a few days to rejoice in celebration of our national day.
today a no entry sign had been erected at the entrance to the marketplace...so if masuk lu langgar the laws outright lu kena fine kaw kaw so no play play
inwest will do...much appreciated
have a good day

1530-1535 support level to be followed by the next strong horizontal 1526 support standing the way confirmation of continued slide is the BB lower band breakout at 1500... the 1493 support is a weakling so any rebound has to come from 1530's level or 1526...henceforth the best course of action is to keep your fingers tied and bandaged as all indicators are negative so dont play play we just sit tight and watch the show with no drinks and pop corn because our fingers semua kena ikat ketat.
good night.

this bursa could be turning into a green eyed monster... below is for your perusal
... after 1530-1535, the next strong horizontal support standing the way of the downfall is 1526 and confirmation of its continued slide is the BB lower band breakout at 1500...the support thereafter at 1493 for instance is a weakling...
lets look at the daily chart 1. the candlestick, it is a big bearish one 2. though on oversold area the rsi continues to nosedive, 3. macd curving down with the histogram turned red after three green days, 4.money is flowing out as per obv and 5. the most scary part is the adx it is sloping upwards to close at 43.9 and 6. today's volume said it all
dont want to sound like an alarmist
but please please please be extremely cautious watch these levels and the price movements please
wishing all the very best

happy to see you catch and win HiV big time... huat arrrrrrrrrrrr

re coastal there would be a reaction at this huge rectangle between 148 and 218...i see it as being at C correction with a five wave structure and is now on wave 4... so the intermediate term is still on the downtrend but the short term it should be up with strong support at 1.77 / 161 and resistance at 1.92. daily chart showed a reversal at 161 (doji) whilst weekly chart an inverted hammer where breaking the 192 would see an upwards move... so nothing is decisive yet at this stage... heng heng trading

resistance is at 77.5 then 82...so die die also must be cautious

ehw wish you well... marilah C, mariiii lahhhhh C

yongyou belum just watching that marker 1530-1535 and the support prices of both these warrants...we got time

whilst the candle sticks suggest a possible reversal, all the other indications do not show that this possibility is about to happen...so greatman we have to be patient and just wait for it to come... the lower it goes down the better it is as the uptick would be meatier...

am anticipating the rout to stop at 1530 to 1535...peace to all...
cheerio
heng heng trading

in the meanwhile please note much precautionary trading advices on H had been issued by bursa
C3 strong support at 4.5 sen and 6 sen for CR

connie, tell me what the host should do to an unruly guest? alright saw the side of viewpoint shall delve no more on this... heng heng trading

aitelyuah, it is ok to share one's view and happiness but please doan tokkok and be the ackshun type lah... we are mindful of the objective that this blog was set up and that is inviting people to sharing their views.

wah greatman you are good... eatech shall now be in my watchlist... suggest we wait for a confirmed reversal first... safer that way in this turbulent market

connie sayang hahaha thank for a good laugh yah those who already owned ferarri long time ago as opposed to one wishful thinking of owning a fararri(correct spelling) soon. kikiki

hahaha syf yup rsi rose above the oversold territory with other indicators like macd and cci making a nice curve up thus far so if this position is maintained that 45 sen could be taken down, albeit a longer time to do so because of the bad bad marketplace.
so may the majority trader stay resilient on this one for this time at least because the biggest gain to make is the start of the V shape which seemed to be taking shape so lets not put a dent to that belief
heng heng trading

with that note, i am now watching closely C3 (4 sen) with very strong support at 4.5 and CR (5 sen) with very strong support at 6

so the 1570's level could not withstand the onslaught of the storm gushing and whirring around the global market, ours is not excluded lets now hope that at 1530 to 1535, we would see a turnaround, something to celebrate our national day.

hello inwest nice to see you i know the other day did not provide you a comprehensive view on lbs because it is so hard to read a complex correction which is excerbated by the dim global/local market sentiment... would try to do so later

good morning kawan kawan
gentlemen take it easy ...thanks for sharing your views i am sure each of you have your devoted fans
intermediate term its the bear that would rule and short term its the bull that would have the say in bursa
peace to all
heng heng trading

good morning greatman your syf is still looking good with several positive indicators and a buy signal from rsi remained flashing, so that is the reason for my searching for you high and low to alert you on the likelihood of more kopi duit adding to your coffer.
how i wish bursa is in better shape then, an unhesitantly aggressive long position could have be taken on syf.

twobits dont be so worked up... relax... i thought a good and i mean really good one could have bought HV at 9 sen if not at least not more than 15 sen, knowing very well that the downtrending of bursa is an intense depressing one...surely not at 22 sen. (the reasons for this severe down trend are no secrets they are being widely reported) i bought HV at 9 sen and sold at 41.5 sen last friday.
there is still a technical rebound to come and i suspect it would be within the last week of the month before our national day. then we could always get back to enjoying the ride with the H counters once again.
besides, one would have thought it is easy to distinguish the difference between a trader and an investor... NO
we are more than happy with our gains..we know what we are doing so no thanks to you as we do not need your advice...we would be most pleased if you just take it to somewhere else.

hi thanks bro ehw you too have a fabulous weekend

inadvertently left out derina, my thousand apologies to her

connie sayang, i am close to the perfect happiest person today, if only our dear christine and zac were to join us on this cheerful occasion too;
now who dared to say you are not decisive. jolly good for you. congrats.

NOPE nothing is confirmed so next week then to see how as the whole exercise would take one to three days to finalise.

twobits thank you...all is well and fine... you too... our buddies also received some goodies too from hk.

the conditions for a reversal had been met thus far all we need is the closing to confirm then study this weekends which C to buy. at this stage it is unlikely to see any spark flying wild at the C camp the market maker would ensure that. so relax
mana greatman? pipopipo

greatman good morning mana lu

hk i kissed her goodbye early this morning wishing her bon voyage... would await eagerly for her return back home

inwest it would first depend on your purchase price in the near term it is so hard to read becuase this wave 4 seemed like eternity macam taiwanese tv drama developing into a complex correction phase and the boss appeared not in favour of a price appreciation currently and tried to please the minority shareholders by giving free warrants as a compensation instead. at the moment it is near the support level 136 and i suspect when the technical rally comes we are likely going to see a price increase then . when? before us price hike in late september or hopefully nearing national day
notwithstanding this, we know there is still a guarantee 6 sen dividend for another year or two (lupa exact one)

so we have to watch 1562 see if itu could hold up or the trendline or 1585/1594/1605 ada kena pecah so today next monday akan dapat sah we wait and see then thus far no sign and it could fail just like the previous piercing
heng heng trading

good morning kawan kawan
yesterday a hammer was formed at the bottom of down trend indicating a possible technical rally at bursa; confirmation is required and we would know by today or the next day.
could not elaborate much got to go out for awhile
heng heng trading

you were sadly missed though you were away for a short time...what took you such a long time to check in
duit gua ala baik, u?
kikiki kita dua really chiat pa bo tai chi cho knn
see you