Game over. Mkt sentiment have changed to flat from bullish.See some major player exit already. Mara sold pdz, brahmin sold ifcmsc, directors sold shares ... etc
read this... ________________________________________________________________________ Posted by Victor Valdez > Sep 9, 2014 12:16 AM | Report Abuse
Im quoting from Dr.Nazri Khan posting ..
"Quote Here are my Top FIVE reasons why the MARKET IS UNLIKELY TO CRASH : 1. No recession in sight. Bear markets often occur around severe economic downturns. The 1998 currency crisis. 2008 credit crisis. 2001 the dot-com meltdown. The oil shock of the 1978. The Vietnam War of the 1969. And of course, the most devastating of bank run in the Great Depression of 1929. We dont see any economic threat now. In fact, we see two speed of solid recovery. The USA fast recovery and the Europe slow patchy recovery. I called this the barbecue global economic recovery 2. The Central Banks are still your best friend and 'Dollar printing' are still the best cure. The risk of the Federal Reserve crashing the stock market with huge interest rate hikes is virtually zero. The Fed's key rate has been near zero since December 2008. So even if the Fed pushes it back towards 1% next year and Bank Negara raised to 4%, that is not cripplingly high. Further, the European Central Bank and Bank Of Japan are set to flood their system with lots and lots and lots of money next few weeks... 3. Fundamentals are solid. Okay, market is not cheap but is not crazy overvalued either. The Bursa KLCI and USA S&P 500 are currently trading at 16 times and 15 times 2015 earnings estimates. Roughly in my analyst view as fair value for the market. 4. Corrections have happened in this bull market. One of the biggest arguments the bears make about this market is in a long rising wedge and that there hasn't been a big pullback in a while. They are wrong. Rising Wedge can be a bullish pattern. In fact, we have two good correction over the last five years. July-Sep 2011 and May-August 2013. KLCI corrected by 18% and 9% respectively. Remember the Flash Crash on fears about Greece leaving the Eurozone fears and then flash crash on Standard & Poor's stripping the USA of its triple-A credit rating. Everybody say it is going to crash and yes they are wrong. 5. Bulls normally last TEN year and Sentiment is amazingly strong. This bull is only five plus years old. Last week, we see Triple Barrel, meaning Dow Jones, S&P 500 and Nasdaq hit simultaneously all-time high. In other words, the whole world is back in the Greed mode. Sure, we may see temporary pull back after an overbought market. Pull back is 'pull back' and therefore is not Crash. All in all. I think we are seeing the stock market being a Superman now over the last five years and will continue to be a Superman (or shall I say Iron Man) over the next five years. My last advice to my all dearest Malaysian traders whether Swing Traders, Momentum Traders, Scalpers or Rempiters : go shopping and go shopping and go shopping as early as next week.
Yes collect now............ Old news..valid news :) Nexgram, Protasco: To partner for RM400m Cyberjaya project. Nexgram Holdings is set to make its foray into property development by partnering Protasco for an estimated RM400m proposed mixed development project in Cyberjaya. A source familiar with the proposed development said that the project, sited on 2.4ha, would comprise residential, office and retail units as well as a data centre, subject to the approval of the relevant authorities. An announcement on the joint venture between the companies’ subsidiaries – Nextnation Datacity SB and Protasco Development SB
everyone being fooled by the market. yes, at the time the market is open, the price of the share is 0.135. but if look at the volume, u can see all of them are buyers, not sellers.
Sang-Jero. Why dont u reveal all the news that you have. Share with the people here. Bila u berkias-kias macam ni, people will assume that u will only make such statement in order for u to dispose what you have bought. Come on bro. be gentleman.
Bro...Please read all my comments in this forum...I hinted...but I cannot say it directly.....As far as I am concern I am very positive with NG......Your money you decide......Good Luck..... _____________________________________________________________________________ awesomestylo Sang-Jero. Why dont u reveal all the news that you have. Share with the people here. Bila u berkias-kias macam ni, people will assume that u will only make such statement in order for u to dispose what you have bought. Come on bro. be gentleman. 10/09/2014 09:43
asiabio?i buy ab at 8 cent wa at 4 cent..sold at 0.145 and 9 cent..when i said ab will fly, nobody believe me..when i told wintoni will fly..also no one believe...Ng will hav 60% chance to fly in dis month..next counter to fly in 3 to 5 month, dvm, dps, nice and biosis(if bursa approves regulation plan)..
ya loh... stuck here for too long... then no need to play other counter meh... but now we know 13.5 6.5 and 6.5 is the new base for nexgem.... ready to fly anytime....
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....
bravoUp
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Posted by bravoUp > 2014-09-09 13:05 | Report Abuse
Game over. Mkt sentiment have changed to flat from bullish.See some major player exit already. Mara sold pdz, brahmin sold ifcmsc, directors sold shares ... etc