I agree, there is resistance pushing up because bankers have not seen a strong index movement downward. The exercise price is 1500, and this counter will move vigorously after breaching below 1700.
Very few people realize what is happening globally. Even with bad market sentiment, why Dow Jones up? The truth is, billionaires were not ready for a crash yet, most did not position hedging and China took off with a huge sale force months ago and people lost money. Index were pushed higher so that billionaires could exit stocks and position hedging. 2016 will be a correction market. We are yet to see a Stock Market Crash.
cashflow, thanks for your encouragement otherwise I would cut loss ...just imagine lowest 0.065 n TEN straight trading days KLCI uptrends...I almost give up on put ...once again a big thank u !!
King, congratz on your guts. Those positioned at 0.065 yesterday, made 61% profit today. The business sentiment is still high for investor. If you see all the major index has not bottomed yet, and theoretically they should land somewhat later after various aspects, Q3, Q4 performances, Fed interest rate and OPEC meeting.
today might retrace till 8.5/9..sindiket surely wont let h5 go up easily and let the retailer ikan bilis easy get money. who miss the train yesterday can que at 8.5/9 or wait until t4.
Depending on buying sentiment. At this stage, KLCI lost its resistance, and looking for direction. Company Q3 results are affecting the reality of the index. Hopefully Increasing 1MDB issue adds to the scene
Amoeba, my is 0.2 at this coming 28 oct. but have to see whether US Fed will hike rate or not. But the chance of hike rate are higher compare with september. but of course need to see whether Malaysia will sign the TTIP contract or not and the budget. But i know this budget not so good compare with last year. Debt getting higher perhaps. but that all is my assume. no ask u buy or sele anythings.
i think most people averaged between 0.12 to 0.15, therefore need a strong buy to push price when Index drop few points. Direction is still not clear on KLCI due to various news. Overall the political sentiment is still bad and that adds to the turbulence.
dragonfai, US will face another fund limit problem on coming 3rd. november. global share markets will slide again before that. hope that H5 can up closer to your buying price...
Er Ic, there is high possibilities KLCI will drop to 1600 support line before further dropping to 15XX Q1 next year. I personally think the index will retrace back mid next year.
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MQ Trader 3324 views | 3 d ago
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kingcobra
2,772 posts
Posted by kingcobra > 2015-10-20 09:59 | Report Abuse
index in RED but this counter still stagnant and if green for sure drop half or one sen....damn boring