Looks like a correction is underway. As I'm trading warrants mostly, I have no choice but to liquidate every warrant positions. Can't afford to wait for my call warrants to show positive or more profit. Time is not behind me. Every rebound towards 1300 only means liquidation action. Looking for the right time to get into put warrants. Currently, it is still too early to play bearish position. Market is making a correction and not making a big plunge like 2009....yet. I guess that there will be no ang pow for me this coming CNY.
Sector summary:
Malaysia | Monthly | Weekly | Daily |
FBM KLCI | Up | Neutral (-) | Down (-) |
Finance | Up | Neutral (-) | Neutral |
Construction | Up | Neutral (-) | Neutral |
Plantation | Up | Neutral | Down (-) |
Property | Up | Neutral | Neutral |
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