4:54 pm - KLCI finally broke new low !

Next we are looking below 900 for KLCI. Remember, prof sell at new low !

9:06 am - This is a buying opportunity once the COG is taken out !

Tomorrow wud be your entry ! This is a short term trade.

Here is a comment from a blog reader.

Anonymous said...
martin say cut loss knm at bottom. now knm strong rebound.

Martin said...
No regrets ! If you have to cut loss at your pre-defined level, you cut. When you see the market rebound, you get back in back, buy again whenever you see opportunities.Trading is not just hold onto your losses and try to guess the market.The current market environment is a trading mkt strategy.

You preserve your capital and dont want to be right. Else that is ego trading.

9:05 am - Let's see how much wud KLCI recover !

7:45 pm - Bill & Martin's Futures Workshop - 18 Oct 2008

5:39 am - KLCI has ultra volume !

That's good ! I am looking for reversal !

4:20 pm - Looking at KNM, this cud be the final wash before the market is ready for upmove !

From here onward, market may move sideway !

9:54 am - We are almost at the bottom now ! But not yet !

Looking at the monthly chart - here is KLCI.

But this is not the right time to buy yet ! It is almost futile to throw your share now unless you need the money. The market may hover at this range for the next year or two. I hope I am wrong !