Next Master the Markets Foundation Course 1.5 days - Sept 14-15, 2009. Call Dolly 03 4252 4149 to register ! Bursa Malaysia (KLSE) :-) martin_tf_wong@hotmail.com

Thursday, October 16, 2008

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 !

9:49 am - KLCI is heading lower and DJIA fallen 7%


9:36 am - KNM going another carnage ! Sell Down again !


velan said...
how unlucky i am.. i bought KNM ofr 92 cents yesterday 14th.. and today it went down 25% exclude brokerage.. huh? i;m going crazy what i';m supposed to do.. .. will this share improve in near future? anyone know bout this share latest news..? please throw some lights..
Here is my reply to you !
Dear Velan,
I am sorry to hear that you too was "sucked" by the media and popular beliefs to buy as the market is heading lower.

As this point, I know it is difficult for you to cut losses. But you must. Remember Transmile, one of graduate of my seminar, average down this counter and he almost lose 100%.
Right now ! Get an education and come and attend my trading seminar. I am doing one trading seminar on Nov 3,4 2008. If you can come, I can share with you how you can be ready to buy when the market return back to bullish !

Wednesday, October 15, 2008

4:30 pm - KNM almost limit down !


I hope most of you have cut this counter !

12:05 am - KLCI tried to close yesterday gap !


If it closed below 950. This spell bad news for KLCI. Downtrend or sideway market is expected.

9:56 am - PB Bank is getting a hit from the US Banking crisis !


Time to get rid of your PB Bank. Erase some of them if you have them !

9:53 am - KLCI trend still look to move sideway to down !