Posted by optimuss > 2014-10-08 11:44 | Report Abuse

mkt seems to be capitulated with huge volume sell down and ci broke all important support of 1830, hold your ticket. too late to sell.

1 person likes this.

63 comment(s). Last comment by roguetrader 2014-10-10 15:09

Posted by optimusx8888 > 2014-10-08 15:18 | Report Abuse

shanghai index today close at 18months high. at the highest closed, how bearish the world can get?

Posted by optimusx8888 > 2014-10-08 15:19 | Report Abuse

Shanghai 0.8% higher

China's benchmark Shanghai Composite index rose to a new 18-month peak following a choppy morning session. The index has hit 18-month highs in the past six consecutive trading days. Investors brushed off data showing HSBC's China services Purchasing Manager's Index (PMI) weakening from a 17-month high in August.

Real-estate developers rallied after Beijing announced new stimulus measures to boost property demand last week; Vanke and Shanghai Shimao rallied 3 percent each.

zu1967

3,791 posts

Posted by zu1967 > 2014-10-08 15:21 | Report Abuse

Dow jone. Up 200 points tonight. Kijijikikiju

lee9fold

4,730 posts

Posted by lee9fold > 2014-10-08 15:31 | Report Abuse

U SURE?

Conned99

135 posts

Posted by Conned99 > 2014-10-08 15:32 | Report Abuse

Wakaka got hand burnt till abnormal.

Optimus has my respect actually. He always tells the truth but no one listen.

Posted by optimusx8888 > 2014-10-08 15:35 | Report Abuse

hsi only drop 60 pts now. u figure out

keepcoming

154 posts

Posted by keepcoming > 2014-10-08 15:37 | Report Abuse

-rm4k in my protfolio now, i can die liao

Conned99

135 posts

Posted by Conned99 > 2014-10-08 15:38 | Report Abuse

1829!!!!!!

Rebounding !!!

Posted by optimusx8888 > 2014-10-08 15:40 | Report Abuse

when break 1830, all buying suddenly appear! stay tuned.
1829.4 now

Conned99

135 posts

Posted by Conned99 > 2014-10-08 16:53 | Report Abuse

Hmm, ci suddenly drop 4pts.

Posted by optimusx8888 > 2014-10-08 16:55 | Report Abuse

europe turn bad.... see tonite dj.

Posted by optimusx8888 > 2014-10-08 17:01 | Report Abuse

the reward of catching a bottom is far better than your average mkt situation. albeit risky. definately not the time to sell into panic.

Posted by optimusx8888 > 2014-10-08 17:02 | Report Abuse

it all boils down to, does the govt want to have a bear mkt going into GST implementation year? i doubt so.

Posted by optimusx8888 > 2014-10-08 17:04 | Report Abuse

breaching 1830 and unable to close above means 1800 is coming, but thats only 20pts and it can be done with in an early morning selling down.

expect tomorrow morning to continue sell down irrationally.

Posted by optimusx8888 > 2014-10-08 17:16 | Report Abuse

dont sell into this type of market. u will regrets.

jester

852 posts

Posted by jester > 2014-10-08 17:24 | Report Abuse

Bro Optimus. I highly commend your brave acts in stating your opinion. As you said it, a lot of so-called sifu now hiding but you are still bold in stating your opinion.

Whether you are right or wrong, you have my respect.

Thanks~

Posted by optimusx8888 > 2014-10-08 17:49 | Report Abuse

thanks jester bro.


Posted by jester > Oct 8, 2014 05:24 PM | Report Abuse

Bro Optimus. I highly commend your brave acts in stating your opinion. As you said it, a lot of so-called sifu now hiding but you are still bold in stating your opinion.

Whether you are right or wrong, you have my respect.

Thanks~

Posted by optimusx8888 > 2014-10-08 17:55 | Report Abuse

some stocks as i have stated earlier is pump n dump shares or game over shares, they would not rebound even if mkt rebound.

pmetal, dsonic, mpay, iris, pasukgb, ktb kbes etc .

pang72

51,533 posts

Posted by pang72 > 2014-10-08 18:06 | Report Abuse

Optimus always talk the real thing...so nobody like but I support him telling truth story ....salute sir

Posted by optimusx8888 > 2014-10-08 18:23 | Report Abuse

Posted by pang72 > Oct 8, 2014 06:06 PM | Report Abuse

Optimus always talk the real thing...so nobody like but I support him telling truth story ....salute sir


thanks for your compliment bro Pang72.

do u realised when mkt counter small drop everyone shouting buy when ppls most fearful and sell when ppls most greedy.
yet we have today, everyone is very fearful. including me. we have 1000 share listed in bursa, and 970 counters drop. on no apparent bad news.

yet nobody is shouting buy?????

sunztzhe

2,248 posts

Posted by sunztzhe > 2014-10-08 18:48 | Report Abuse

Optimuss & Optimusx8888,
We don't really know what will happen in this October 2014. Will there be a crash or just correction? The odds are in favour of a correction say a max 10% correction from all time high of DOW and S&P 500.

The Dow in 64 Octobers since 1950 had been up 38 times(59%) and down 26 times(41%)and October month in USA is a "BEAR KILLER". This year being mid term election year in Nov 4, 2014 October is particularly MORE BULLISH SINCE 1950. In the past 16 mid term elections in USA, the DJI rose 3.4% versus its 64 year average of 0.51% and The S&P rose 3.4% versus its 64 year average of 0.8%.

So based on past statistically significant evidence , October is an advantageous time to BUY ON WEAKNESS as the BEAR WILL BE KILLED in OCTOBER 2014.

Lets look at the facts:
USA economic growth is gaining more strength. Oil price is down because the supply exceed the demand due to the significant production of UNCONVENTIONAL OIL & GAS (from Shale)in USA. FED will raise interest rate and the uncertainty is the timing and quantum of interest rate( most likely nominal amount) . Market don't like uncertainty. Europe , China economies are sluggish but Europe, China had already decided to QE. The uncertainty is when will Europe and China QE.

Once these uncertainties are known, the market will likely resume its upward climb.

Posted by optimusx8888 > 2014-10-08 18:52 | Report Abuse

sunztzhe, all major bull start from mid to end october.
go ask all hedgefund mgr. they will agreed.

i tend to look at the current bear around the globe as a major flush out before they embark on a new uptrend.

global equities mkt is still in bulltrend.

there have been so many times dj-250 pts and we are basically shielded. by the govt support. and this time is different. we donno why.

how could a drop of a few points of index bring down 97% of stocks ranging from 5% to 20% losses? its irrational.

Posted by little_snake > 2014-10-08 18:54 | Report Abuse

i wanted to know y too... can you explain this? mr optimuss

_________________________________________________________________

how could a drop of a few points of index bring down 97% of stocks ranging from 5% to 20% losses? its irrational.

Posted by optimusx8888 > 2014-10-08 19:00 | Report Abuse

i cant explain with evidence. however, i view it as a major flush out of weak market participants before mkt embark on another uptrend.

having said that, some stocks that is dying was long overdue, they have been just dragging their feet refusing to enter coffin.

those make up less than 10% of 1000 shares listed, how about another 870 stocks? why they also behave want to go into coffin?

we look into the possible factor, dj? drop 270pts only. not 500 pts.
bank negara? no interest hike this month.
regional? drop normal, shanghai 18month high.

so u figure out. is this not a good bargain time? or selling time?

sunztzhe

2,248 posts

Posted by sunztzhe > 2014-10-08 19:02 | Report Abuse

Optimusx888,
The US FED had been very aggressive in past QEs whereas the ECB under Draghi is reluctant to QE aggressively ala FED QE style. So the market expressed its disappointment.

Posted by optimusx8888 > 2014-10-08 19:03 | Report Abuse

draghi has no choice now, German stats has drop to 5 yr low. he need to agressively printing money or the whole europe is gone.

sunztzhe

2,248 posts

Posted by sunztzhe > 2014-10-08 19:08 | Report Abuse

Well lets see what Draghi will do in due course. The market had already sent a strong signal to him already.

Posted by optimusx8888 > 2014-10-08 19:08 | Report Abuse

also, look at Dax index, major support at 9000. it is not broken, 4 times it tested it it rebound immediately to almost 10,000.
yesterday dj big hit down may be the works of hedgefund to bring it down prior to FED meet. so as to delay the rate hike which is not in their interest.

pang72

51,533 posts

Posted by pang72 > 2014-10-08 19:09 | Report Abuse

optimuss...something make me fearful is klse index only drop few points but 900 counters drop like hell!! It is strange...
I am most worrying Ebola has landed US and Spain...
Expect said by end-Oct will land to UK....What if Asia-Pacific? It is just time........

Posted by optimusx8888 > 2014-10-08 19:11 | Report Abuse

Posted by pang72 > Oct 8, 2014 07:09 PM | Report Abuse

optimuss...something make me fearful is klse index only drop few points but 900 counters drop like hell!! It is strange...
I am most worrying Ebola has landed US and Spain...
Expect said by end-Oct will land to UK....What if Asia-Pacific? It is just time........


bro pang72. yes, it is precisely when ci drop only 5 pts most of the day and we see bloodbath in every single counters.

as for ebola arriving, i think nothing to fear, if they do arrive. we all die. so money or stocks has no meaning anymore. what does a ebola patient want money for?

sunztzhe

2,248 posts

Posted by sunztzhe > 2014-10-08 19:12 | Report Abuse

These are all orchestrated by the powers that be!! There will be corrections along the way..

Alpha Trader

1,983 posts

Posted by Alpha Trader > 2014-10-08 19:14 | Report Abuse

Further to the announcement dated 6 June 2014, the Board of Directors wishes to announce that submission to prequalify to bid for the Proposed Warisan Merdeka Project made by the Parties is successful and the Parties are invited to participate in the tendering process to construct the tower structure comprising of reinforced raft foundation, concrete core walls and mega columns, inclusive of multi story basement car park and also responsible for management of nominated subcontractors (“Main Contractor Works”) for the Proposed Warisan Merdeka Project located in Kuala Lumpur, Malaysia.


This announcement is dated 8 October 2014.

Monitor Seacera tomorrow for potential limit up play

Posted by optimusx8888 > 2014-10-08 19:16 | Report Abuse

alpha, thanks for the news.

sunztzhe

2,248 posts

Posted by sunztzhe > 2014-10-08 19:17 | Report Abuse

Thanks alpha trader for the news.

Posted by OptimusprimeV > 2014-10-08 20:35 | Report Abuse

Tomorrow strong rebound expected

Posted by optimusx8888 > 2014-10-08 20:36 | Report Abuse

another copycat....zzzzz

Posted by OptimusprimeV > Oct 8, 2014 08:35 PM | Report Abuse

Tomorrow strong rebound expected

Posted by OptimusprimeV > 2014-10-08 20:38 | Report Abuse

what a copycat..zzzzzzzz

Posted by optimusx8888 > Oct 8, 2014 08:36 PM | Report Abuse

another copycat....zzzzz

Posted by OptimusprimeV > Oct 8, 2014 08:35 PM | Report Abuse

Tomorrow strong rebound expected

Conned99

135 posts

Posted by Conned99 > 2014-10-08 21:20 | Report Abuse

Optimus fighting!!!! This thread is much more informative.


Hahaha

sengkee

2,060 posts

Posted by sengkee > 2014-10-08 21:21 | Report Abuse

So funny

Posted by optimusx8888 > 2014-10-09 04:05 | Report Abuse

Posted by wakakaka > Oct 8, 2014 03:02 PM | Report Abuse

Wakakakaka.....sure all transformers laugh die this time.....wakakakaka



see what the clown will say today. i bet he say Expected lah, everyone also know tomorow will rebound after today drop. hahahah.

Posted by optimusx8888 > 2014-10-09 04:07 | Report Abuse

thursday prediction.

all sifus come out from batu caves, make prediction, saying mkt bull still intact, bullish tone to continue until year end. expect ci to close above 1900 bla bla bla. while still wearing wet pant.

Posted by Prosperity2888 > 2014-10-09 07:11 | Report Abuse

Good morning bro optimus.... thank you so much for the sharing and asking people to be calm, not to sell.....

All the sifus may come out today but you are the HERO!!!!

Good Luck with today's trading (hehe no need luck, stock will be flying today) and may god bless you.....

Posted by roguetrader > 2014-10-09 07:19 | Report Abuse

Only denials and losers claim that they are making money in such bearish market. Otherwise, there would be thousands of millionaire and billionaire here.

Posted by satvinder883821 > 2014-10-09 07:25 | Report Abuse

There r plenty of millionairs in the country..wake up u rougetrader..dont be a sour grape.
If u cant see an opportunity in downtrend i bet u know nothing about stocks n shares.
ur just a piece of shit.

Posted by optimusx8888 > 2014-10-09 09:57 | Report Abuse

Posted by Prosperity2888 > Oct 9, 2014 07:11 AM | Report Abuse

Good morning bro optimus.... thank you so much for the sharing and asking people to be calm, not to sell.....

All the sifus may come out today but you are the HERO!!!!

Good Luck with today's trading (hehe no need luck, stock will be flying today) and may god bless you.....



prosperity2888, thanks so much for your courage to write to me, many wont dare afraid of offending the masses.

few hundreds counters up! i said it!

Posted by OptimusprimeV > 2014-10-09 11:08 | Report Abuse

Afternoon big falling knife. i already tell you.

Posted by optimusx8888 > 2014-10-09 11:10 | Report Abuse

kcloh=optimusprimeV

Posted by optimusx8888 > 2014-10-09 18:40 | Report Abuse

u got take medicine or not today?

Posted by roguetrader > 2014-10-10 15:09 | Report Abuse

satvinder883821 i never call people shit in here. it shows how mediocre the level of education that you had. thus, i can conclude that you are not one of the millionaire.

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