Market is slowing down.....

Today is the first day of looking at KLCI after one week of holidaying in Taiwan but it was a disappointing sight, in red and losing 1600 level.

The market is slowly pulling back after months of heavily traded. At this moment the KLCI is down from 1600 level, i think it will stay at 1500 level for awhile. Unless there are any surprise news to push the market momemtum to higher level.

With western markets having bad news one after another, chances for KLCI to hit higher level in short term is not easy.

Hopefully our election theme is still hot.......

What to do after selling NICORP

After selling NICORP, my plan is to buy in a few counters.

TRINITY, PJDEV-WC, PANTECH-WA, MPHB and Citigroup of US.

Mostly for long term except TRINITY. TRINITY is a high risk 'investment', the company is in red for long time eventhough there just exit from PN17 status a year ago.

Personally I like to allocate some 'extra' money for this type of high risk company. But buying high risk company required continuously monitoring and alert to the company news. Once the news is bad, be prepared to cut lost.

Just like NICORP, no risk no gain !

For PJDEV-WC and PANTECH-WA, will buy and keep for long term. Both matured in 2020. Both are close to their year low.

MPHB, will buy in if falls below RM2.50.

Citigroup, will continue to accumulate if it falls below USD25 again.

* The comments above do not represent a recommendation to buy or sell.

What a day for KLSE and Asian markets

Phew...... Finally the day is over. What a day in shares market, KLCI dropped another 21 points today to close at 1365.

If one jump in to buy just now, they may be catching the falling-knife instead of gold because Europe is falling now after opened higher during early trade which bringing hope to all markets.


The only hope now fall on US market, hopefully there will bring some good news to global market. Otherwise, another sickening day awaiting KLSE next Monday.

Come on US, come on DOW !

Shares Market is not going down BUT.......

P L U N G E !

Nowaday, shares markets are not going down but PLUNGE !

Plunge is the word being used for current ailing shares markets. Bad news everyway, last week it was from Greece and after Greece issue cooling off. It is back to USA again.

Next could be back to Europe, then US, then Europe,..... back and forth.

It was serious this time, oh well, all the new bad news are serious one after another. May be there are reason behind all these. Try to pull down global shares market.

Oh well, this is normal to stock markets. For every three to four years, there will be a huge correction. Its like a cycle. Afterall one cannot expect market to go up forever.

So next time, when your investment already making profit, TAKE IT.

Once the money goes into your pocket, its yours.

Are we seeing the bottom yet?

Every now and then, bad news from Greece, PIIGS or US economy will affect the stock markets, a huge dive for indexes.

Are we seeing the bottom yet? Hard to say or predict, as on and off there will be another bad news coming out from these country. Its like a never-ending story.

The problem faced by these country are not simple to be resolved, it is going to be a long road ahead for recovery.

We shall wait for company Q3 results next month onward. If there performed badly then bear is going to stay longer then the bull.

Negative months for shares market

August - October are the negative months for stock market.

In the past three decades of the KLCI memory, the 3Q of the year had typically been the weakest.

Sept and Oct is also known as historical crash-prone period.

That is why some investors shun the market from Aug to Oct.

Month-to-month returns from 1977 to 2009 show that the months with the highest risk are the worst performing. In these 32 years on month-to-month returns, there are a common trend for KLSE, Dow and Hang Seng indices.

All three markets are weak in the Aug to Oct months.

For that reason, investors are recommended to "SELL" over this period and "BUY" in December.

The Oct has been touted as a negative month, more so because many of the global negative events in the past, took place during these months.

Fortunately, Oct'10 has been good to shares market. There are no negative event happen this year, so will the market continue to climb and the bull exist until Chinese New Year?