Most counters are technical crossroads.....implying either direction of up or down depending on the US bond yield next few days.

Saudi Arabia and Russia were playing Taichi with Trump on oil price. Indeed Trump also pretends to be worried about oil price.... tipu only Hippocrates face of Trump.
The fact is, oil price USD100 is almost certain and it will benefit American economy because Americans are largest oil exporters in the whole world now!!!
All these people pretend this pretend that....tipu only...playing politics.

You are right JJ Chan....correlation with oil price was low 30% only...however it is going to change very soon....
USD100 is hard to ignore...watch out!!!

The surging oil price with dropping Ringgit will eventually feed into our Malaysian economy and stock market, bond market and housing market....hot red bull market for FBM KLCI 2000 coming soon under Tun Mahathir!!!

There is no other time we see USD surging along with oil price in USD term...
Every time US treasury yield jumps across certain technical, there will be "Market Scare", which leads to correction and time to buy.....once the scare disappeared, market will resume climbing. Right now it feeds into a cycle of stronger USD, higher US treasury yield, tightening of US Fed....
This whole process will lead to repeats of higher high and higher low at US stock market and oil price...
Indeed no other time when we will witness despite Trump putting 25% tariffs on China imported goods, US consumers end up buying more and more overseas goods at higher and higher price---> Surge of shipments--> surge of oil price....
Nothing can stop this trend until Year 2020. Another 1-2 years of super hot bull year...

So far I see China Yuan still very calm...
In other words, conclusion is, this is the best time to buy shares on correction mode...

We also cannot rule out China government dumping US treasury causing the yield to jump. This one needs close monitoring because Yuan depreciation further mean worsening trade war into Currency war....

Right now we see oil price surging along with US dollar...this is also a very interesting finding....

Market temporarily got a shock after US bond price suddenly dropped due to speculators' short positioning.... this is likely to be temporary. Buy now, because the reverse will happen soon....this is high risk take...buy at own risk...

For high risk takers, can buy slowly and take risk for next leg up/down...

Market is weak now. In a weak market, better just stay sidelines. No action is advised.

Good morning! What are the trading ranges for today? Will Vincent Tan shark coming again with Shortkaukau?
Ikan bilis needs to be patient....

Former investment banker jailed, fined for insider trading
http://www.thestar.com.my/business/business-news/2018/10/03/former-investment-banker-jailed-fined-for-insider-trading/

Oh No! Uncle Lim has been charged of insider trading!!!

Today the ones earn the most were the shortsellers.
It is hard to buy at 0.41, it was hard to sell at 0.425, so I was only able to buy 0.415 then sold 0.42....
These sharks are hard to trade for even half a cent...
Therefore I don't mind to be Half-cent guy...
What is wrong being "Half cent guy"?

Oh Pmaster, just now bought 0.415 and sold 0.42, earning half cent profit is still ok...

0.415 weak closing....another down day tomorrow...

Now let us play the game of closing price again.
a) 0.41
b) 0.40
c) 0.39
d) 0.42
e) 0.43

Which one will you choose???

Dragonslayer I am referring to closing price today. 3months may be 33, today 33 is not the option.
Many counters are down today. Chow Pi Master said he invested over 50counters, see how is he going to trade...

Superbull you are right, technically Armada is going up, anybody wants to hit and run is ok. What I worry is the Kraken acceptance terms plus medium term notes access.
If fail, Rights Issue coming like Sapnrg....
Good luck

In this short selling team, it was led by Vincent Tan...Really interesting...

Interesting, RM18million traded today, RM6.4 million was due to short selling done in the morning, leading to another RM12million sold off by the ikan bilis. At the end of the day, Shortkaukau will again buy back RM6.4million.

Now let us play the game of closing price again.
a) 0.41
b) 0.40
c) 0.39
d) 0.42
e) 0.43

Which one will you choose???

Very good chance to enter....
Shortees will buy back....

The strategy now is to collect those shortselling volume before short sellers bought back....Short sellers sold first, then we collect at lower value than the selling price of short sellers.

Out of RM8million traded today, RM3.5million comes from shortselling volume pressing it down.

Shortkaukau is in control at the moment....short selling interest is quite high now...

That is why if PNB under Zeti takes over SAPNRg, Raja Shahril will lose his RM200,000 cash daily donation from ikan bilis, then he will be scared.
Raja Shahril everyday sembahyang kuat for ikan bilis donation to continue...

Dragonslayer are you referring to SKD 17? That rig is not used now because it will be retired soon....

News said that last week OMV engaged SAPNRG employees in townhall meeting last week. OMV OMV OMV chanting 10,000 times /day by all ikan bilis of Malaysia seems to be working....
So ikan bilis who have bought 40-60 cents, continue the good work! OMV OMV OMV!!!

The technical reading for sapnrg keeps improving....be patient to collect slowly.....
40-60 collect, keep some cash to subscribe rights issue for maximum profits.
Every 1 share we buy now, keep 15 cents for RCPi, and 50 cents for rights issue...

Luckily Tun Mahathir clears our debt problem...if not we could be in Ringgit crash like Venezuela.
Tun Mahathir saves us all from Corrupt BN Kleptocrats les by Najib.

Good morning Pmaster!
Emerging market currencies are low, but not going to trigger crisis.
Their currencies follow China big boss.
If those countries have high USD debt, they are in crisis: Venezuela Brazil Mexico
The rest are ok.

Pmaster, yes I am sure Jermyn is pretty lady, rich and powerful, got RM1.5million cash in hand....
Only rich people like Pmaster can match her with your sports car! Haha...
I also have RM10 sports car bought from McDonald....Hehehe....cannot compare with you...

Yes CIMB, you close to Anwar? Maybank pakat with Raja Shahril put up super high listing share price. Now Maybank also work with Raja Shahril issuing Rights Issues and mopping up Rights issues...

Superpanda, Jermyn is very pretty one wor! You plan to date her ah? Haha....
Lawyer girlfriend be careful....

Closing look like 0.425. Not going anywhere. See whether it will test the suppor 0.40 or not....
I think it is going to be very quiet soon...

Actually Jermyn is a born female trader....you see and you believe...
But at least Jermyn know Uncle Lim cannot be 100% trusted. So Jermyn decided to sell and take profit.
Uncle Lim just wanted to gain ikan bilis trust and then take all profits from ikan bilis and exit. There is no such thing as 60 cents as of now.
However, Jermyn's logic does make some sense. WHo knows Raja Shahril decides to push to 60 cents at some point of time within 2 months?

Previously Uncle Lim was around to ask the sharks to remove the sell queues so easier for Uncle Lim to push up. Right now without Uncle Lim, the sharks come back to put sell queues as blocks...

Final push will have to depend on Raja Shahril with announcement of contract wins or OMV contract signature.

Let's wait patiently.....no rush....

44-45 cents is the "Congestion Zone"....it is very hard to break...We need OMV good news to break this 44-45 "Congestion Zone".

Be patient Pmaster, the sharks are not planning to buy, keep and push up....
The sharks only play in small box....
And it is very hard to earn even half cent to 1 cent from these sharks...considering the high risk, don't trade is better than trading now.

Today few sharks are controlling the share price. Hwangdbs shark and Vincent Tan shark are moving actively all the time...
42-43 they collect, 43.5-44 they sell to ikan bilis.

Now let's play the closing price game.
I would suggest if today's closing price is 43 or 43.5, it is considered good already...still uptrend...
If close below 43 mean no more uptrend...
Any takers for the closing price???

Sapnrg looking good today. Uptrend continue...
Think something is brewing about OMV...

The shark who bought 0.43-0.44 at 10am sold off at 0.435 at 11am.....these sharks in this counter memang crazy one

The sharks in this counter are very cunning.....they buy sell every half cent to 1 cent....just be careful

The sharks in this counter, it is very hard to earn even 1 cent. Jermyn congratulations to you as you are able to earn 2.5 cents. That is marvelous achievement!

Remember ikan bilis, after you have bought 40-60 cents, must be prepared to subscribe for Right Issues and Praykaukau OMV OMV OMV MINIMUM 10,000 times everyday.

Good luck!

Opening seems to be very hot, now jumping up to 0.435

Opening at 0.43
Trading range?
Closing price?

Nobody can sell at the highest, as long as ikan bilis can recoup losses, or earn more than bank interest of 4% per annum, then it is ok to take profit out.
No need to be greedy....

Ikan bilis can use this running up to sell and take profit