Thursday, June 07, 2007

Bjtoto, MISC, KLK, Kretam, Ranhill, Commerz

Mix result for this week. Bjtoto and MISC refuse to break new high. Still waiting. KLK makes another attempt, so my KLK-CC is above water now. Kretam makes a surprise move today. Anymore to go? I got out of Ranhill as I have interpreted the price/volume action will lead to consolidation. I don't want to sit it out. Anyhow, I got back in Commerz-CC as Commerz looks strong indeed.

Looks like the market has decoupled from external events. The number of bullish counters based on my definition keeps increasing since 31 May. Is everyone feeling happy because Abdullah is getting married? Happiness means people are more willing spend, so more buying to come?

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