as market go down in may do pay attention to saprnng cw, hibiscus cw, vs cw, krono, tecfast and ucrest of course top glove cw also falling back....... take your time................... hopefully gkent will issue new cw
I AM WAITING BABY..... It's clear the market is telling us there is a problem up ahead The market's biggest leaders, the so-called "FANG' stocks, are getting defanged on a nearly daily basis, despite delivering extraordinarily strong profits. Indeed, among the S&P 500 companies reporting profits for the first quarter, 83 percent have beaten expectations and yet their stocks are plunging. Unless and until the market suggests otherwise, there is accident somewhere down the road. Ron Insana | @rinsana Published 4:05 PM ET Tue, 24 April 2018 CNBC.com S&P stock index options traders Getty Images If, like me, you've ever been stuck in a serious traffic jam and didn't know why, then I think you know what it's like to be in this market.
At first glance, when you got on the highway, all was clear. You could see a mile or two ahead, but you couldn't see the problem down the road.
Then, you see a sign above you that says, "Accident ahead, expect delays."
Now you know why you are jammed, but you can't tell if it's a fender-bender or a 10-car pile up.
And that's where we are in this market.
It's clear there is some kind of problem ahead, whether its peak economic growth, peak profits, a looming trade war, political upheaval at home or a geopolitical event abroad.
To me, the market appears to be signaling trouble, with all of the above being possible culprits, either individually, or in combination.
Hence, I have been suggesting that this is a market in which one sells the rallies, rather than buys the dips.
Steve Shobin, a Wall Street veteran and astute technical analyst, often talked about the "news response syndrome." This was a technician's way of saying that markets know more than we do at any point in time.
If the market rises on bad news, it is climbing a "wall of worry."
If it rises on good news, the world must be alright.
But if it sells off on good news, such as strong economic numbers, record profits and possible break-throughs on global issues, that "message of the markets" (my version of the "news response syndrome,") might just be ominous.
Oct' 1987 Black Monday - First sign of crash : BOJ signaled the possibility of tightening the monetary policy at the end of August 1987.
97/98 Asian Financial Crisis - First sign of crash : In May 1997, Finance One, largest Thai finance company, collapses.
2008 subprime crisis - First sign of crash : In Sep 2007, U.K. mortgage lender Northern Rock suffers liquidity problems, then a bank run.
Quite obvious every ten years there will be a crash. But for now, just 'not yet' as there are still no signs of real troubles in banking. Maybe 1 or 2 years later. So don't panic first.
Unicorn P Every Year of Ox will crash 2009, 1997, 1985. 2018 will be a down year with intermittent rebounds. Hope to profit from these sharp drops and rebounds in 2018. Year 2020-21 will be the mother of all bear market
If Tun win market will badly hit for one day then will more strong like what happen to Trump. Cash in hand is better for now and collect after GE. I sold all my Ucrest and free now. If going up also I don't care consider not my luck.
Charts and ta are basically used to predict future price direction. Prediction....this is where the danger lies. If you use charts and ta be prepared to pay a very heavy penalty.....and i am not saying they are useless....maybe....sometimes. Take care.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Cyphuell Azm
41 posts
Posted by Cyphuell Azm > 2018-04-25 19:44 | Report Abuse
Bull88, RM10.143mil profit for 9 month, no short term or long term loan is a is 0 fundamental company?