Posted by robbin123 > 2015-01-06 08:50 | Report Abuse

yes i agree with you

Posted by Wow123 > 2015-01-06 08:53 | Report Abuse

Even our property sector also drop 50% , and also if you want take loan at RM120k also difficult to approval.

Posted by rchi > 2015-01-06 08:57 | Report Abuse

good morning simon,seems your kopitiam is getting merrier...haha.

halo lollipot,how are u?

Posted by andychucky28 > 2015-01-06 09:06 | Report Abuse

The land is upside down! now drop 22 points.

Posted by simon84 > 2015-01-06 09:08 | Report Abuse

morning @rchi...haha...ya..my kopitiam getting crowded ..all also same objective..

Posted by andychucky28 > 2015-01-06 09:10 | Report Abuse

Waiting for it to drop to 1700 and see what happens!

Posted by simon84 > 2015-01-06 09:12 | Report Abuse

My forecast today KLCI may test 1700

Posted by simon84 > 2015-01-06 09:28 | Report Abuse

all huat liao mah?

Posted by KJ Cheah > 2015-01-06 09:29 | Report Abuse

boleh tahan :)

Posted by deepmarine > 2015-01-06 09:59 | Report Abuse

will push back afterward, oil bottom

Posted by region > 2015-01-06 10:19 | Report Abuse

FAt liew lu simon. but i expected klci drop further below 1660 since last month cutting point. heheh

Posted by simon84 > 2015-01-06 10:20 | Report Abuse

region u also fattttt ..haha

Posted by kawteongeng > 2015-01-06 10:42 | Report Abuse

Easy money larr..all panic sell already..now long klci larr..tonight dowjones rebound strong..klci rebound strong..tomorrow easy money in pocket larr

Posted by andychucky28 > 2015-01-06 11:03 | Report Abuse

Not to worry, the dow will rebound tonight. US currency going up mah.

Posted by simon84 > 2015-01-06 12:09 | Report Abuse

2nd Session KLCI will hit 1700 level

Posted by ozzie75 > 2015-01-06 12:20 | Report Abuse

@simon84: Latest PMI (China) was reported at 53.4 over forecast 52.8 (HSBC services). I think this is also one of your observing indicators. Cheers.

Posted by simon84 > 2015-01-06 12:30 | Report Abuse

hi ozzie.nice to meet you at here.. Yes the China PMI was reported positive but until now 3 hours after the report there is no any reaction even Hang Send and Shanghai index still heading south .This week theme global market will focusing on Oil and US data most likely.

Regarding KLCI more worse that Ringgit keep weakening after Crude Oil hitting new low below USD50 per barrel .Local Fund will not support the CI after Window Dressing just over.

More negative news compare with Positive..

Please correct me if i wrong..:)

Posted by metawong > 2015-01-06 12:43 | Report Abuse

China PMI 3 months high, positive news. 2nd session will be good.

Posted by ImCK > 2015-01-06 12:47 | Report Abuse

now the world is look on china

Posted by jocky99 > 2015-01-06 12:53 | Report Abuse

@imck
Alot of country was burning now... china one country to save all, seem like tough...

Posted by ozzie75 > 2015-01-06 12:56 | Report Abuse

@simon84: No problem. Just noticed that you had initiated a lead post here so I just popped by to say hi to a friend, and some friends here too. :)

China had made known their accelerated spending of some USD 1 trillion in key infrastructure projects in 2015, and this might help to maintain/sustain the going forward PMI.

It is foreseeable that weakening oil prices would add pressure to the DJ, as observations from the last few months conclude that there is a positive relationship between oil prices and the heavy weight energy stocks over at their part of the world.

Saudi Arabia had cut back their oil discounts to their Asian customers based on latest news. Their 2015 budget had came under fire from their royalties, and with all these in mind let's keep our fingers crossed that we see braking gestures from them to address the weakening Brent prices, and their due consideration of other OPEC members like Venezuela who had reportedly sought help directly from China recently. We might see (hopefully) cut-backs in the shale arena, as production becomes not economically viable in view of prevailing prices.

Overall, I would think that the market remain cautious to make commitments. I was told by my peers that BNM had initiated action collectively with the financial institutions to address the weakening ringgit, though not mentioned in specifics.

Hope everybody's ok. Unfortunately the 2 minyak kindergarten kids are still toying with one another...hope we see the cane soon, yeah?

Posted by simon84 > 2015-01-06 13:02 | Report Abuse

Haha..ozzie thanks for sharing your view ..you always said that is good has different view so that we can take as a reference.. I welcome you drop more about your opinion so that everybody can share and exchange the knowledge..

@imck i agree with you most of country now see China movement. But when we weight the current market sentiment is quite tough .

We may see BNM may do something action then we will wait what BNM will do .

:)

Posted by ozzie75 > 2015-01-06 13:07 | Report Abuse

@simon84: No prob. It is good to have healthy exchanges of info be it here or anywhere else. I learn much from you and everyone else so let's keep it going. Cheers.

Posted by Fardar Chye > 2015-01-06 13:19 | Report Abuse

@ozzie and simon, how bout for info learning purposes, am i welcome over here? very new to sharemarket here haha...

Posted by Lollipot Anison > 2015-01-06 13:59 | Report Abuse

@rchi I am doing fine, just come back from the long holiday. The first thing I do is to grab the FBM call warrant on first day of trade in 2015 - Jan 2.

What is your outlook on current sentiment? The rebound on oil seem on the corner but it maybe temporary. Anyway I don't hold any single share and I'm planning to enter some when the price is really low.

Posted by metawong > 2015-01-06 14:10 | Report Abuse

China rebounded on PMI news. time to buy

Posted by ozzie75 > 2015-01-06 14:17 | Report Abuse

@Fardar Chye: Simon84 is the legitimate starter of the lead post. I am just a passer-by saying hi to my virtual friends here.:)

I believe he welcomes active participation so all can learn and navigate ourselves better in the market.

The other reason on why I think you would be welcome is your nick, full of prosperity and all of us need it (Huat Ah!), literally.:)

Cheers.

Posted by rchi > 2015-01-06 14:31 | Report Abuse

lollipot,i am expecting a downtrending mkt for 1H2015,when klci rebounds will depend largely on the price of oil sustained rebound.

Posted by metawong > 2015-01-06 14:31 | Report Abuse

within seconds already show profit, hope rebound is good

Posted by godbless88 > 2015-01-06 14:33 | Report Abuse

oil is 50.11 as we speak. Very tempting to break 50 for the second time.

Posted by godbless88 > 2015-01-06 14:50 | Report Abuse

$50 broken.

Posted by simon84 > 2015-01-06 15:06 | Report Abuse

Future oil just hit yesterday low at USD49.70 ...

Posted by simon84 > 2015-01-06 15:13 | Report Abuse

Oil just break yesterday low and now trading at USD49.50 wow.

KLCI ...

Posted by jocky99 > 2015-01-06 15:14 | Report Abuse

@simon
tonight DJ still downtrend?

Posted by simon84 > 2015-01-06 15:15 | Report Abuse

Ya.DJ will still will fall..

Posted by simon84 > 2015-01-06 15:19 | Report Abuse

Later 4.00pm onwards KLCI will lau sai liao..

Posted by jocky99 > 2015-01-06 15:22 | Report Abuse

haha can lau untill break 1700 ?

Posted by Lollipot Anison > 2015-01-06 15:25 | Report Abuse

@rchi did you manage to buy some put warrant in the past few days.

Posted by paulthesotong > 2015-01-06 15:38 | Report Abuse

Tq to our Saudi bros, let exchange our Made in East Coast flood water for your heavy crude. Remember oil is thicker than water.

Posted by saifol > 2015-01-06 15:45 | Report Abuse

next week will rebound again..

Posted by region > 2015-01-06 15:59 | Report Abuse

ok oil cont slide as fail to rebound today mornign, haha Dj fall as tonite, and tomorrow we can coffee time again simon

Posted by simon84 > 2015-01-06 16:02 | Report Abuse

To9 DJ will continue falling..and oil already make a new low suggest oil will find next support around USD45

Posted by jocky99 > 2015-01-06 16:16 | Report Abuse

klci shoot up now haha....

Posted by region > 2015-01-06 16:18 | Report Abuse

klci shoot up cause ppl bet tonite rebound, and beside Pre market Dj mini show up 12 point ma. no worried for me as well. later almost 4.30pm klci will slide as well if oil keep sliding

Posted by SDR245 > 2015-01-06 16:20 | Report Abuse

klci rebound. it shd below 1700today. but holding well.

Posted by simon84 > 2015-01-06 16:21 | Report Abuse

haha...region pandai...

Posted by ozzie75 > 2015-01-06 16:21 | Report Abuse

http://www.bloomberg.com/news/2015-01-06/saudis-raise-price-of-main-oil-grade-for-asian-buyers.html

http://www.bloomberg.com/news/2015-01-05/deepening-oil-rout-seen-forcing-norges-bank-rate-cut.html

Posted by metawong > 2015-01-06 16:21 | Report Abuse

hope everybody make huge profit like i am today, tomorrow sell on big rebound

Posted by stickypoop > 2015-01-06 16:24 | Report Abuse

klci is setting UP trap now!later 4.45pm will spike down

Posted by simon84 > 2015-01-06 16:24 | Report Abuse

Future oil just make another new low at USD49.25