Aiya, missed 1.10..i personallt feel 1.10 would be the next support...since it just bounce off that..but iwould prefer a second bounce...anyway...better see closing price..
Yesterday's comment: "At a glance, trading volume past 2 days versus today indicates people are holding on to what believe could be of higher value. Though RSI has fallen below 70%, shares often falls until the next temporarily support at 1.10 -1.11 which might incur small spike before it trends further downwards."
Today's scenario: As expected, shares fell until 1.10-1.11 where temporarily support which uphold shares upwards. Current movement hovers at 1.12 with possibility of price trends further downwards.
sell on news.. and one more factor is UMNO AGM this week.. many investor are side line to wait either Najib will announce 13 GE or postpone to next year.. so i think this week also a down trend week for our share market.. just my 2 sents
Prime Minister Najib Abdul Razak said the 13th general election can be held in December, even though the country will be facing the monsoon at that time
aiya... those analysts dogs got many reason to talk when market drop....... if to nite Dow Jone up 300 point.... tomorrow KLSE still down they still got reason to talk why market klse down ..... or if to nite Dow down 300 point ... tomorrow KLSE up 5 point .... this dogs also can find a reason to talk why market go up......
100% agreed with chung......one day before crash of october 1987 our share analyst says market is going to reach all time high on the KLSE and advise aggresive buying !!!
sold all at 1.17 aredi. Waiting to buy back at 1.00 next week when ah jib dissolve parliment next week. He finalised most the things last week when he was oversea....buat mcm his sifu -dr m dulu.
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....
buybackma
790 posts
Posted by buybackma > 2012-11-23 10:16 | Report Abuse
nx support 1.10 then 1.06 ...is it guys?