I heard rumour had it - General Election after CNY. Any one care to comment ?
Watch out for the annoucement of the news. KLCI will react to it. If it goes up, the market mood is good. Else, the market mood is bad.
Wednesday, January 9, 2008
5:44 pm - My favourite counter - Public Bank
I bought some of it at around RM9-RM10 and holding it till now. Is this a chance to add some more ?
5:40 pm - Too many people is reading my blog. Look at Astro
I presented Astro in our US market session onMon Jan 5, 2008 and it is moving nicely. Maybe traders will taking actions now.
5:34 pm - KLCI closed respectable ! The EOD chart is beautiful
The only thing I do not like is the high volume -> 1.6 bil . I like to see more vol on Fri. Tomorrow is public holiday. DJIA and regional markets are moving without us. On Friday, our KLCI will react either to the good or bad news.
2:37 pm - Astro is in my target radar again. Look at it go !
Wait for it to cross 200MA and the institutions will be interested !
12:47 pm - KLCI closed decently high - 1492.6
This is a beautiful up trend chart. Maybank +0.10 , PBB + 0.20
10:32 am - Wow ! Bursa is being pushed !
It is going for its last high @ RM 16.00. Here is a 18 L/C !
10:21 am - Another counter TRC Synergy in my radar. This is nice counter
That is all I am going to say !
5:24 pm - Plantation counters is out of favour but TMT is back
The plantations dipped below as crude oil is lower. However, the institutions are pushing the other counters, TM, Tenaga, Bursa .
If KLCI were to hit 1500, either TMT or plantation counters will move up.
3:50 pm - Some activities going on for Bursa
Watch this counter ! Bursa has been accumulating and moving sideway for a while and ready for some action.
If they are going for 1500 for KLCI, Bursa has to go up !
10:19 am - Deleum : Volume is just too small to trade at all !
There is no interest from the professional if the volume is small.
10:10 am - Astro gap up and trending nicely
Again, this counter was discussed in our US market session by Tom Williams. Watch out for it.
9:54 am - Astral Asia is destined to go up as per their plantation peers !
Last nite in our US Markets sessions, Tradeguider scans and filters a reasonable price plantation counter called Astral Asia. The volume is little but it had broken through.
9:41 am - KLCI decides to break to new high, seeing DJIA has a support at 12800
The big players are smart too. When DJIA is not dropping much, they push our cash market. It is much easier this way.
All TMT are up. Maybank is up +0.40, TM & Tenaga are up too. Not forgetting the plantation counters too.
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