See My Butt! It's Bear Season!And so it came to pass. Dow went down and Bursa went down. There is logic here. Now Dow is up but Bursa goes down. No logic here.
There is just no more sciences in stock trading no more. Forget the charting theories; FA or TA. Bursa is an enigma; best avoided during the current spell. The bear is fast approaching, butt first as you can see from the picture above. So watch out or you will become mince-meat!
At the noon close, CI toppled another 6.9 points, flat on its face at 13634.69. Losers squeezed the balls off gainers 581 to 143. Volume is not okay at 482 million shares worth RM731 million. It means blue-chips are being thrown into the gutter. Likely investors are feeding Proton shares to the lions in the arena! Also, there is little play on pennies and second liners. That means the market is dry-few day-traders and speculators. The only punters are brokers, dealers and remisiers! Oh! it is one big crying shame.
Gainers were Magnum, leaving Bursaland for private hands through MPH and a third party. It rose 22 sen. Hap Seng climbed 21 sen while HSPlant and Batu Kawan each rose 10 sen. Falling big time was automotive manufacturer, Proton losing 58 sen;IOIProp, falling 40 sen while Digi and Bursa slided 30 sen each.
The portfolio has back slided as well. Genting and compadre, BJ Sports Toto both lost 10 sen to RM7.75 and RM4.88 respectively. Resorts lost all its gains; falling 6 sen to RM3.64 while KHSB slided 2.5 sen to 96.5 sen. Metronic was in the wax museum at 17 sen. Welli continued the big, long slide, losing another 2.5 sen to 71 sen. RCE lost a sen to 88.5 sen.
A day of woe, hammer blows and stock lynching. I think the market is approaching a comatose status. The bears are seen in the near-by jungles of Mount Kiara. Time to feed the bears with your blood,sweat and tears money!
Heartsong
There is just no more sciences in stock trading no more. Forget the charting theories; FA or TA. Bursa is an enigma; best avoided during the current spell. The bear is fast approaching, butt first as you can see from the picture above. So watch out or you will become mince-meat!
At the noon close, CI toppled another 6.9 points, flat on its face at 13634.69. Losers squeezed the balls off gainers 581 to 143. Volume is not okay at 482 million shares worth RM731 million. It means blue-chips are being thrown into the gutter. Likely investors are feeding Proton shares to the lions in the arena! Also, there is little play on pennies and second liners. That means the market is dry-few day-traders and speculators. The only punters are brokers, dealers and remisiers! Oh! it is one big crying shame.
Gainers were Magnum, leaving Bursaland for private hands through MPH and a third party. It rose 22 sen. Hap Seng climbed 21 sen while HSPlant and Batu Kawan each rose 10 sen. Falling big time was automotive manufacturer, Proton losing 58 sen;IOIProp, falling 40 sen while Digi and Bursa slided 30 sen each.
The portfolio has back slided as well. Genting and compadre, BJ Sports Toto both lost 10 sen to RM7.75 and RM4.88 respectively. Resorts lost all its gains; falling 6 sen to RM3.64 while KHSB slided 2.5 sen to 96.5 sen. Metronic was in the wax museum at 17 sen. Welli continued the big, long slide, losing another 2.5 sen to 71 sen. RCE lost a sen to 88.5 sen.
A day of woe, hammer blows and stock lynching. I think the market is approaching a comatose status. The bears are seen in the near-by jungles of Mount Kiara. Time to feed the bears with your blood,sweat and tears money!
Heartsong
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