Wednesday, August 15, 2007


My bull vs bear chart is shown. From the daily numbers, the bear outnumber the bull by 27 to 1.

Too bad that in Bursa Malaysia, there is mostly one way play. That is to buy and sell higher. The other way, to sell and buy lower is not available to most of the people. Well, technically one can short, but I don't know the process well, furthermore, the cost of doing this is not cheap. An alternative is to play the KLCI futures. Hmm...I have done that a few years back, did badly, the psychological scar is still in me.

What can I do but to sit and watch. The "consolidation" is not yet completed.

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