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Author: Nora18

Let's talk about the current market...

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Nora18 This user has been deleted
 Author| Post time 27-9-2003 12:20 PM | Show all posts
Originally posted by DARSITA at 2003-9-27 01:18 AM:



Not for the bull-bull thing la Dar... we did it for "what"...   
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Nora18 This user has been deleted
 Author| Post time 27-9-2003 12:23 PM | Show all posts
Originally posted by Nomad at 2003-9-27 12:20 PM:
Play for money laar, what else? oh yah, for the free food during agm/egm as well.

Anybody around using the wi-fi trading/online info yet?  If yes, care to share the cost involved? say compared t ...



Heyyy!! Never thought of that agm thingy....!! I usually just throw away those invitations... dummy mee!! :cf: :cf: :cf:

Should go to one of them agm one day....

About next week... don't be too sure aaa.... ;) ;) ;)
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Nomad This user has been deleted
Post time 27-9-2003 12:34 PM | Show all posts
This morning, the ahpek and nyonya at my kopitiam started talking about the market....it's been a while, they even give me tips, buy sumatec lar, awc lar....so ithink it is a good sign!

yesterday, the tape reading thing that you called bore some fruit (and steak at chilli's), bought some avenue, solely based on near perfect selling absorption and the quantum involved (hear no evil, see no evil), went for meeting for whole day, came back...and walllaaa....sikit lagi limit up.  Came back baru baca paper and saw all the huu haaa about the company...and still watching fbo, this is one solid counter.

on second thought...too many events happening at the moment...U.S. and neighboring looks bad, then the earthquake,.....but then again,...election drawing near, sure need money one....aiseh...now sudah worry, quite a hefty position left over the weekend...
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Nora18 This user has been deleted
 Author| Post time 28-9-2003 09:18 AM | Show all posts
Originally posted by Nomad at 2003-9-27 12:34 PM:
This morning, the ahpek and nyonya at my kopitiam started talking about the market....it's been a while, they even give me tips, buy sumatec lar, awc lar....so ithink it is a good sign!

yesterda ...



Hmmm.... definitely a good sign that the market already attract the sleepers. But as market was heavy on consolidate with wide High-Low range on Friday, I really can't see where the direction next week...

However, I still don't see any reason to liquidify last week, so like you, I am still holding all my positions... sigh!
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Nora18 This user has been deleted
 Author| Post time 28-9-2003 09:20 AM | Show all posts
Last 5 days of Nora Index (NI)

Date       Open    High    Low     Close   Vol     Note
======================================
20030922   2.203   2.236   2.181   2.211   10598   Upward -- major slide in CI due USD weakness ann
20030923   2.217   2.244   2.179   2.202   10264   Downward
20030924   2.211   2.272   2.188   2.254   13935   Upward
20030925   2.236   2.301   2.211   2.262   16695   Upward
20030926   2.255   2.300   2.211   2.251   20923   Consolidate

Friday 26/9 shows a fierce tussle between the bull and the bear, with no sight of definite winner. I think, KLSE players are getting cautious as the memory from last week抯 Monday/Tuesday decline still stings. While more new buyers coming into the market, those players took profit and went home enjoying good weekend. I wish I was one of them...

I think, a lack of news will be enough to encourage the market to resume its bullish direction. Otherwise, a smaller range for NI between High and Low with Close at around 2.24~2.26, and Volume not significantly reduced on this week抯 Monday & Tuesday trade would be a good sign towards the end of next week.

Keep a close watch on those stoploss again as market consolidating...

[ Last edited by Nora18 on 28-9-2003 at 09:27 AM ]
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gigi kuning This user has been deleted
Post time 30-9-2003 10:21 AM | Show all posts
TRY SCOMI !
DONT BE AFRAID........IT STILL CAN MOVE UP
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Nora18 This user has been deleted
 Author| Post time 30-9-2003 11:49 AM | Show all posts
Originally posted by gigi kuning at 2003-9-30 10:21 AM:
TRY SCOMI !
DONT BE AFRAID........IT STILL CAN MOVE UP



Hmmm.... it can go down too....
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Nora18 This user has been deleted
 Author| Post time 30-9-2003 11:46 PM | Show all posts
Last 5 days of Nora Index (NI)

Date       Open    High    Low     Close   Vol     Note
======================================
20030924   2.211   2.272   2.188   2.254   13935   Upward
20030925   2.236   2.301   2.211   2.262   16695   Upward
20030926   2.255   2.300   2.211   2.251   20923   Consolidate
20030929   2.265   2.290   2.196   2.222   13938   Consolidate->Bearish
20030930   2.231   2.256   2.189   2.212   11462   Consolidate->Bearish... Stop swinging, and find exits...


Signs of decline seem to get stronger. The only positive sign is that the volume is getting smaller as prices eroded, which means that the public are holding their stocks. Make careful decision at this junction.

My play will be, for a couple of counters that has surpassed their profit targets, I'll sell during the first 30 minutes of opening bell. The rest, I'll tigthen their stoplosses by one point and sell immediately if touched...

Another point that make my decision easier was that few counters in my watchlist have actually declined since a couple of days back. Meaning, if I'm all cash anytime soon, those counters will be the next buying targets if the market decide to be bullish in the immediate term...

Cheers!
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Nomad This user has been deleted
Post time 1-10-2003 08:39 AM | Show all posts
Cannot agree more...

As usual, thanks for your "community" service!  Keep'em coming!

Cheers!
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gigi kuning This user has been deleted
Post time 1-10-2003 09:41 AM | Show all posts
Originally posted by Nora18 at 2003-9-30 11:49 AM:
Hmmm.... it can go down too....



am i rite dude :cool:
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kelley This user has been deleted
Post time 1-10-2003 09:53 AM | Show all posts

yeah ...dude....

Originally posted by gigi kuning at 1-10-2003 09:41:
am i rite dude :cool:


and if everything is a okay.....come Nov...hit ze roof lor......
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gigi kuning This user has been deleted
Post time 1-10-2003 09:56 AM | Show all posts
Originally posted by kelley at 2003-10-1 09:53 AM:
and if everything is a okay.....come Nov...hit ze roof lor......



did u buy?
i've been collecting since $7
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kelley This user has been deleted
Post time 1-10-2003 10:00 AM | Show all posts

nope.....I was riding on petra then....hehe

Originally posted by gigi kuning at 1-10-2003 09:56:
did u buy?
i've been collecting since $7


Goodluck to u...I'm done with trading for this month.....
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gigi kuning This user has been deleted
Post time 1-10-2003 10:04 AM | Show all posts
Originally posted by kelley at 2003-10-1 10:00 AM:
Goodluck to u...I'm done with trading for this month.....



my source didnt tell me bout petra

this morning they told me to buy some more
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kelley This user has been deleted
Post time 1-10-2003 12:34 PM | Show all posts

ur source....

Originally posted by gigi kuning at 1-10-2003 10:04:
my source didnt tell me bout petra

this morning they told me to buy some more


quite chun......hehe....never say die.....
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gigi kuning This user has been deleted
Post time 2-10-2003 09:18 AM | Show all posts
Originally posted by kelley at 2003-10-1 12:34 PM:
quite chun......hehe....never say die.....



yeah dude.......never say die


whats good for today?
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Nora18 This user has been deleted
 Author| Post time 2-10-2003 09:38 AM | Show all posts
Hi all,

I liquidified all my positions yesterday, and I'm thinking of have a good weekend with no position opened   . Will be back on Monday...

Cheers!
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gigi kuning This user has been deleted
Post time 2-10-2003 09:42 AM | Show all posts
Originally posted by Nora18 at 2003-10-2 09:38 AM:
Hi all,

I liquidified all my positions yesterday, and I'm thinking of have a good weekend with no position opened   . Will be back on Monday...

Cheers!



enjoy our contra gain
next week we'll start all over again
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kelley This user has been deleted
Post time 2-10-2003 11:55 AM | Show all posts

now me only looksy.....

Originally posted by gigi kuning at 2-10-2003 09:18:
yeah dude.......never say die


whats good for today?


No hear ......like Nora .....I am clean......no positions......
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gigi kuning This user has been deleted
Post time 2-10-2003 11:57 AM | Show all posts
Originally posted by kelley at 2003-10-2 11:55 AM:
No hear ......like Nora .....I am clean......no positions......


I HEARD UMNO COUNTERS R GOOD BUY..............OR GOOD BYE???
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