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Thursday, December 13, 2007

Whipsawed

Aiyah....got whipsawed again. The trends that I was hoping to be strong crumbled. The profit that I had vanished. Some turned into losses.

The correction in HK is still continuing. I was hoping that it will built a base at 28k but now it seems that it is going to 25.5k. I wonder why HK always have a sudden drop after lunch time. Is it because the people over there had a heavy lunch and felt drowsy? Is it because the Europeans just woke up and started selling? I wonder why.

Shanghai looks like it is going to break 4.9k, well if that happens, there is no more uptrendline to support it!

For KLCI, I think that as long as it is above 1380, we can still hope for some rally (CNY? Election?) Can we?

2 comments:

Anonymous said...

Market start tumbling after lunch because our PM issued ISA lunch time. 13/12/07 the darkest day of modern Malaysia. 13/12/07 the day our PM became dictator.

Anonymous said...

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