Monday, January 28, 2008

Bootlicker Bursa!

So tumbled the equities market. Give my regards to Broadway! Sheesh, talk about resilience-Valuecap etc..... bunkum propaganda. Jelly fish Bursa will not be able to stand up to the onslaught of foreign fund selling.

Malaysian retailers are very thankful to far sighted Nor, Yusily and Tzarina for keeping us away from dabbling with the RM40 shackle! Terima kasih, kami ucapkan!

So the CI capitulated and went skinny diving,losing 21.19 points. At last look, at the noon close, it was 1384.21. Losers were gloating over gainers 588 to 96. Volume shrunk to a dismal 330 million shares worth only 583 million ringgits.

The gainers were unseen counters such as Loh and Loh, rising 22 sen; unheard of ICP moving upwards by 18 sen; Narra improving 16.5 sen and Deleum ascending 13 sen. The losers saw the likes of BAT sliding 50 sen;IOICorp slipping 35 sen; losing 35 sen as well and ParksonBursa
surrendering 30 sen.

The portfolio was crying in need of solace! Genting lost a leg-dropping 25 sen to RM7.25;ResortsWorld declined 6 sen to RM3.66;KHSB slipped 2.5 sen to 85 sen while RCE gave in by 2 sen to 78.5 sen.BJ Sports Toto, Metronic and Welli remained unchanged at RM5.10,13 sen and 57 sen.

The afternoon is quite worrisome.

Heartsong

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