On the Disaster Trail...........Bursa is dying. Volume has shrunk today for the first time in many months.The CI has been declining patently falling another 6.73 points to 1379.91. Losers trounced gainers 568 to 257. Volume has declined by at least 500 million shares worth RM1.28 billion. This only means less speculative stocks are being traded.
The gainers continued to be the same favourites like Digi up 75 sen;IOIProp up another 60 sen;Parkson gaining 25 sen and Maybank topping up 20 sen. Losers were Tanjong and Petgas; down 50 sen each. MMCCorp down 45 sen and Kulim losing 25 sen.
The portfolio is pathetic. Only KHSB managed to gain a sen to 98 sen. All the rest registered loses from 0.5 sen to 5 sen. Genting lost 5 sen to RM7.80; Welli took another hit losing 3.5 sen to 76 sen while BJ Sports Toto and Resorts lost 2 sen to RM4.88 and RM3.66 sen. Metronic and RCE lost 0.5 sen to 17 sen and 90 sen.
Stop-loss action will have to be undertaken soon as well as share swaps for those who have been following my postings.
Hope Dow is positive tonight.
Heartsong
The gainers continued to be the same favourites like Digi up 75 sen;IOIProp up another 60 sen;Parkson gaining 25 sen and Maybank topping up 20 sen. Losers were Tanjong and Petgas; down 50 sen each. MMCCorp down 45 sen and Kulim losing 25 sen.
The portfolio is pathetic. Only KHSB managed to gain a sen to 98 sen. All the rest registered loses from 0.5 sen to 5 sen. Genting lost 5 sen to RM7.80; Welli took another hit losing 3.5 sen to 76 sen while BJ Sports Toto and Resorts lost 2 sen to RM4.88 and RM3.66 sen. Metronic and RCE lost 0.5 sen to 17 sen and 90 sen.
Stop-loss action will have to be undertaken soon as well as share swaps for those who have been following my postings.
Hope Dow is positive tonight.
Heartsong
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