Tuesday, February 24, 2009
Monday, February 23, 2009
Most stocks are in correction mode. Now, we have to select the best stock at a lowest support level and hoping for a bearish rally or "Dead Cat Bounce". In other words, we can still make money in the bad market sentiment.
So, what is the support level for MRCB ? Support level 1 = RM0.85 , support level 2 = RM0.84 and support level 3 = RM0.80.
Friday, February 20, 2009
Thursday, February 19, 2009
Tuesday, February 17, 2009
WCT, what is the best decision on this stock if we have position for the past few weeks? Before that, we have to check on the current market sentiment. Is it bad or good? Is it right if I say, sell for the profit or cut the loss? And then, buy again if the price of the stock go down to RM1.02.
Sunday, February 15, 2009
Last Friday, the market was closed with better price. That was a time for us to sell on strength. Do not put a big hope the stock price will go up further. As we all saw, most top gainers are from plantation and some were from construction and property. However, we still need to see the mini budget soon. Will it have a positive impact to the market? What you think?
My opinion is, yes, it will have a positive impact but it will not sustain. I will take this chance to sell on strength and to cut the loss.
Friday, February 13, 2009
Thursday, February 12, 2009
Friday, February 6, 2009
The pattern is remain the same. Less market volume, early session has a technical rebound but in the second session has some profit taking. The stock prices will not go up consistantly. Most are still cautious to trade.
IOICORP is a stock that probably can give a chance to make a quick money after a sharp drop yesterday.
Wednesday, February 4, 2009
The composite index is heading south this month. But, today it is a temporary technical rebound and it gives us a chance to sell. Keep this strategy " Sell on Strength". Hopefully, we can minimize our losses.
We still have time to buy a good stock at a lowest price. What do you think about UEMLAND.
Tuesday, February 3, 2009
Monday, February 2, 2009
This week, we will see more selling in Bursa Malaysia. Regional indices already gave a selling signal. This is because of the bad financial results (4Q2008) for companies.
For those who had position last week, better get ready to get profit or to cut loss.