I bet it is the lowest. 120 Peak, 60 is fair price, 45 is dirt cheap.

30 is totally insane cheap. : )

A great book to read this weekend. : )

Dt waste time bashing each other. Grab this technical rebound to make some CNY ang pow. : )

“This year is going to be a difficult year, and the balance is on the downside,” Soros said. “If you have a real bottom, it’s always retested.”

Billionaire investor George Soros said China’s economy is headed for a hard landing, a slump that will worsen global deflationary pressures, drag down stocks and boost U.S. government bonds.

"A hard landing is practically unavoidable," he said in an interview with Bloomberg Television’s Francine Lacqua from the World Economic Forum in Davos on Thursday. "I’m not expecting it, I’m observing it.”


http://www.bloomberg.com/news/articles/2016-01-21/george-soros-says-he-expects-hard-landing-for-chinese-economy

Ok. buka kedai. : )

ya loh...wait till below 200SMA, underwear also flush out. : )

expect more flushing. : )

Sell before too late. this rebound will only last a day.

why not you push up the price, better than keep writing and hoping other ppls push up the price for you. : )

狐狸啊！狐狸！您几时才和我们小投资一起分享利润呢？. Vincent did not eat you alive you already have to pray and thank his GOD loh. He is a christian, very generous and donate a parcel of land in bk jalil to build the convention centre.

cannot say lao beh counter, all drops mah.

kita semua ada duit, tapi bank tak ada duit yang buat kita risau.. : )

谈谈情就好，别爱上她. pandai ohh tt101.

it is very easy to teach anyone to buy or to sell.

Just flip the coin. 50% you will make money, 50% you will lose money.

: )

show me at least one week up bar, i show you my money.

: )

else, i keep my cash.

frankly, it isn't who is right or wrong here. uncle koon is top 30 shareholder, take time to accumulate his shares and hell take time to dispose. He can't get out in a day or in a week. So, whether the stock price going to correct another 30% is nothing to him.

but for us, ikan bilis investor/trader, we are more flexible. we can sell 1000 lots in a day and buy back 1000 lots in a day too.

But, no good to keep telling retailers that this is the best time to buy loh.

Tell ppls to buy and you also need to tell ppls to sell. thts the least you should do as a blogger.

: )

There will be a rebound as it is too oversold, if you have not exit you should do it. Or you can wait until it is below 200SMA loh. : )

It is very easy to proof that this is indeed a good buying opportunity . Just pump in back RM42B to the market. Master Sifu's in I3 easy job le.

: )

this is the one and only time i disagree with uncle koon. no offense. i do hope he will keep support all the shares he owned as many fund managers bought shares owned by uncle koon as they know with his wealth/ bullets he will support the share prices.

: )

ayoyo, it means lack of liquidity in the market. wht u mean by positive development? : )

.....speechless.

Bank Negara Malaysia (BNM) said today that it will cut the statutory reserve requirement (SRR) ratio to 3.5 percent from four percent, beginning Feb 1.

"The decision to reduce the SRR is undertaken as part of a comprehensive effort by BNM to ensure sufficient liquidity in the domestic financial system, and to support the orderly functioning of the domestic financial markets," the central bank said in a statement.

The central bank added it has relied on its monetary operations, including the reverse repo facility, to provide liquidity to the banking system as net external outflows reduced the amount of liquidity in the system. As of Jan 21, this amounted to RM40 billion, it noted.

The SRR is a monetary policy instrument to manage liquidity and credit creation in the banking system.

BNM held its key policy rate steady at 3.25 percent.

- Reuters



Read more: https://www.malaysiakini.com/news/327788#ixzz3xseK08Ks

ya lah. keep adding till 0.60. : )

dt worry, still above 200sma. : )

no lah, stock god still stock god. u wait until next bull market,they will still perform extremely well.

Yup, gogogo H25.

oops...wrong thread. : )

is it ? mohd so brave liked all famous bull market sifu's in i3.

: )

wah....looks liked count down : )

Don't worry lah, bull market sifu's in i3 say as long as above 200SMA no need to worry. : )

Don't worry all our famous bull market sifu in i3 say as long as above 200SMA no need worry lah. : )

hahaha....get used to it. tksw is active talker not trader. : )

wah....waiting 1.17.

vincent itu wolf susah to get angpow fr him one...but 18 yrs contract....with so big population....tempting.

Ya lah, where to find !! waiting 0.60. also your superln call of 2.86 till now nothing leh, fayetan?

Ya lah, where to find !! waiting 0.60. also your superln call of 2.86 till now nothing leh, fayetan?

come join me in H25. : )

yup. H5 is the cheapest, 7,5% OTM. : )

goreng baru start lu sudah cakap mau habis kah? : )

Sifu in I3 all ask ppls to keep as still above 200SMA leh.

after it drop below 200SMA only u start fear. When all are fearful then we can action loh. : )

Yup. Do not fear. : )

Don't worry, even Top glove management also sold 1M shares, they think they can buy it back at higher price. : )

waiting at 0.49.

can. collect at 0.89.

yup waiting at 1.

So why drop ahh? : )

dt worry, fund managers very good one,sure support this stock till end of the world : )

ya, cheap. u shd thank God it is going cheaper. : )

Any final comments?

Bear markets are nothing like bull markets. The buy-on-the-dip strategy that worked in a bull market does not work in bear markets. Bull markets are slow-moving and methodical, and you may get many days in a row that are green. Bear markets, however, are violent and volatile. You can short-sell almost every rally. Rallies are short-lived while the declines last longer. In a bear market, nearly every buy-on-the-dip purchase turns red. In a bear market, there is absolutely no stock or individual portfolio that is impervious to the pain of being long.

Investors have noticed that the stock market has gone through a radical change in the past few months.

Veteran investor Mark D. Cook, who pointed out red flags a year ago, feels vindicated. Finally, stock prices confirmed what he saw in 2014: We’re in a bear market and about to go over the cliff, he says. Here is a chat I had with Cook over the weekend.

Why do you still believe we’re in a bear market?


First, the oil and gas situation is a huge problem, and it will continue. We’re not getting bounces. Instead, oil investors just want to sell. The second problem, and it’s just getting started, is China. China is like an athlete that twisted his ankle and needs time to heal. If the ankle doesn’t heal, it will get worse, and that’s what is happening right now.

Is there anything technical that you are looking at?

Yes. First, every rally in a bear market has no traction. In a bull market, rallies will hold for days or weeks. Now we’re getting sharp “one-day wonders” that fail. Every hope is dashed. That is a strong characteristic of a bear market. Second, the NYSE Tick is registering no institutional activity on the buy side. Every rally is a chance for mutual funds to lighten positions. And this is only January. Wait until people look at their January statements. Many will be shocked.

If this is a bear market, how will investors react in the months ahead?

There are four psychological stages that people go through during a bear market. Right now, investors know the market is struggling but most believe it will come back. In fact, many see this as a buying opportunity. Here are the four stages:

Stage 1: Denial

Right now, we’re in the denial stage. Anyone who is bullish is too stubborn to change his or her view. Many people have their head in the sand, and some may not even look at their January statements. Many believe the market will come back. Right now, many are still buying the dips, which does not work in a bear market. This is similar to what has happened to oil.

Stage 2: High Anxiety

In this stage, many investors are like a deer in the headlights. They are frozen and nervous but don’t do anything. They are told by brokers and financial experts to stay calm and don’t panic. We haven’t reached this stage yet.

Stage 3: Fear

In this stage, the rampant bulls finally realize they are in trouble. If they have bought stocks on margin, they might be getting calls from their broker to add money to losing positions. In this stage, they are watching in fear as their portfolio burns. They reluctantly start to take action as fear increases. Often they say to themselves, “When my stock gets back to even, I will sell.”

Stage 4: Panic

This is what I call the “uncle” stage. This is when panicked investors throw in the towel and take action. They want to get out of the market while they still have something left. At this stage, there is huge downside volume and double-digit declines on the indexes. At the end of Stage 4, many people vow to never buy stocks again. We are not even close to this stage yet. Typically, we hit bottom when investors capitulate after losses of 20% to 50% in their stock portfolios.