hang on mates..looks like going back to pre election levels to fill the gap at 1700-1720..FBMCI index stocks taking the brunt.. will weigh on the mid n small caps.. those wit gud fundamentals n prospects will fare better thru this storm.. prepare ur bullets like arv18 says..
bear bear bear coming out ... definitely.. market which runs for few months needs to breath. It might takes a few months to breath. Just that our KLSE second and third liners dont even have the chance to run. All thanks to BARANG nAIK.
For the time being Bursa wil be very much effected by US and regional market. Japan has when into BULL now. US QE taper is a concern now. I thik it take a few days to setter down the uncertainty. Struggle between cut loss or hold.
Funds have overpriced in that Fed will end the tapering in the Fed’s $85 billion-a-month asset-purchasing program in Sep. What is the big deal if the amount is reduced from 85B to lets 65B. This is a gradual process. As world's inflation is easing and not escalating, so I don't think Fed will start the tapering so soon in Sep. Anyway we will know more on Jun 19 for some clues from Fed. Hope Nikkie will start rebounce between 12,000 and 12,500.
Its the buggero kanasai Abenomics..kamikaze crap.. screwing the yen n Nikkei .upside down.unwinding back to their prev levels of 0.95 yen and Nikkei below 12500... Fed tapering?? with the DOW tanking..n poor jobs number, it wont happen for another 6 months...
if SP500 and DJ30 go into bear i.e drop more than 20%, it means QE to continue(then market can not drop). if German DAX to tank, aunty Merkel may loss Sept 22nd election. These are not the plan.US market sufferred the most in 2009, Europe sufferred the most in 2011,it is Asia turn now.
Fed has said repeatedly he'll be forced to tighten monetary policy if inflation exceeds 2% and/or the unemployment rate drops below 6.5%. But current levels for inflation and unemployment are roughly 2% and 7.6%, respectively. So I think the Fed isn't going to stop the 85B monthly bond purchase now that Japan is dropping into a sinkhole.
we only just had a major crash in 2008. Our market only started moving last year. why all this fear? do you seriously think that we are near a market top like 1996, or 2007???
since 2009 klci has up 100%, key markets hit all time high merely in 4 years plus. correction will set in although not necessary a big slump. fed did the right thing to "pass" message that qe is not forever, stock market must eventually go back to basis
that right. corrections are normal and healthy part of a bull market.
@iafx - yes, 100% from all-time-low, only recently (2011) punched through the previous all-time-high in KLCI (set in January 2008, KLCI high 1524.69 points). therefore the "big one" still some time off.
you are right in saying fed is doing the right thing. if they announced end of qe tomorrow, one helluva market "correction" will happen.
Well, it looks like it has broke a support at 1750 with heavy selldown at end eg. maybank took a selldown of about RM26mil to force down 6sen(1pt index)
no lah. you take profit now, then where to buy back. think about it. its much easier to just add to your positions then to sell all and buy back later. creates much more hassles. of course, if you have no more bullets, then is a different story.
i hope Mr TTB if iCap fame is reading, and goes on a buying spree instead of holding onto all that cash.
qe will not stop but gradually reduce. along the scale down, many factors kick in... some expected some surprises. note there r equal number of speculators vs true investors. v can expect plenty of yoyo'ing ahead
yoyo till the traders get back from the Hamptons. my sources are whispering that these are just jitters ahead of the German constitutional court decision.
japan is a sideshow. whether or not Abe or Kuroda have lost the plot has yet to be seen
yeah, I went to one of his talk in KLCC convo Apparently Mr Tan say that market will crash when market was like 1400~1500. Claims to hold many cash XD Got went to that talk? I think was end of 2011
After that, market was bullish & never can get 1500 anymore with higher low oh, right after election day, 1800 say hi
yeah. don't be a dumb dumb and buy TIGER, CSL, CAP and all that other crap in Bursa. buy a nice clean new white shirt. something that will attract the sexy ladies! :)
the greatest fear for klci apart from global trend, is the so call foreign funds that bought a substantial amount of bluechips, v just don't know how long they intend to stay, how much local funds willing to fill in the gap
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....
Posted by joseph hii > 2013-06-13 14:55 | Report Abuse
A lot stock are in red color? Buy in for super sales or more mega sales in few days later