World Indexes

Looks like many exchanges are in rebound mode. How many of them will change into a bull market? How many will continue going down? Indicators are still mix.

World	Longterm	Midterm	Shorterm
S&P500	Down	Down	Neutral (+)
DJI	Down	Down	Down
NasdaqComp	Down	Down	Neutral (+)
Nikkei 225	Down	Down	Neutral (+)
Kospi	Down	Down	Neutral (+)
SSECI	Down	Down	Neutral (+)
HSI	Down	Down	Neutral (+)
TWII	Down	Down	Neutral (+)
STI	Down	Down	Neutral (+)
SENSEX	Down	Down	Neutral (+)
FTSE	Down	Down	Neutral (+)
DAX	Down	Down	Neutral (+)

Stabilizing ?

Looks like the market has stabilized. The indicators are still mixed. From the daily chart, we could be heading to a dead-cat bounce. I will still wait at the sideline until the weekly signals say up.

Malaysia	Longterm	Midterm	Shorterm
KLCI	Down	Down	Neutral (+)
Finance	Down	Down	Neutral (+)
Construction	Down	Down	Neutral (+)
Plantation	Down	Down	Down
Property	Down	Down	Neutral (+)
Mesdaq	Down	Down	Neutral (+)
2nd Board	Down	Down	Neutral (+)

Anyway, let's have a good laugh with this video.

The serious message is when the crowd is against you, you can either follow them (trend trading) or go against them (contrarian investor). The important is not to run behind the crowd (i.e. you are the last person to follow the trend) or get trampled (catching a failling knife). Theory is easy. Practice is hard. You just got to practice practice practice until you get it right!

The Great American Nightmare

When I'm bullish, I'll tend to weight more on bullish articles. Conversely, when I'm bearish, I'll tend to pay more attention to the bearish news. How bad is the American economy, The Great American Nightmare is a good read. Shadow GDP, CPI, unemployment etc. If everything is doom, what can you do? The answer is in the article too.

Happy reading!

Phantom Shares

A video about naked short sales.

Suggestions for Bursa Malaysia

So, Bursa Malaysia's profit is down. What can I say? The market is not conductive for traders. We need to be able to make money when the market goes up or down. You need to implement an environment that encourages traders to be more active. Currently, many of your policies are not. You need to remember, with Internet, traders can trade any market in the world. The only thing stopping us is the time zone. You may ask why do you need to implement policies that favors traders? Because we dare to buy high and sell higher. Because we don't care the fundamental of any stock. We create activities that energize the market. Now, being a trader is not easy. Many of us starts from small. I can see that you and the brokerage industry got too greedy until you have kill the market itself. My suggestions are:

1. Lower down brokerage fees: We need from small before going to big time. The current fee structure is too expensive for us. You want more fees or no fees at all?
2. Free end-of-day data: Paying a year of subscription for new timers is too high. If we cannot learn the art of technical analysis, how are we going to trade?
3. More sector indexes: Currently, there is no sector index for oil and gas, utilities, shipping, banks, brokerage, steel, retail etc. We need these to determine the hot sector for play. And made it free. Currently your FTSE-BM indexes are so hard to get. I have to manually download it from yahoo everyday.
4. Allow put warrants: Yes, we want to play when the market goes down too. If you are scare of sell down on local stocks, then allow put warrants for foreign stock. What harm can we do on foreign stock?

So, either you innovate or perish. I don't understand how you all do business. So slow in providing new innovation. Do you have all yes man in your company?

Down Down Down

I have made a mistake on the weekly rating for the plantation sector last week. I should have put it as "down". The error was due to my mistake in interpreting the weekly EMA. Anyhow, all major sectors are down now. Where is the rebound? I don't know.

Malaysia	Longterm	Midterm	Shorterm
KLCI	Down	Down	Down
Finance	Down	Down	Down
Construction	Down	Down	Down
Plantation	Down	Down	Down
Property	Down	Down	Down
Mesdaq	Down	Down	Down
2nd Board	Down	Down	Down

Funny Video

Market still going down. Are you stress out? Then have some laugh. I'm sure it can release some of those stress.

Global Bull And Bear Markets

A list of markets around the world. 57% of the countries are in a bear phase.

Still Bearish

I'm still bearish on KLSE. As the KLCI index indicates that the market was pretty oversold, that is why we had a bounce in the week. However, based on the reading of the charts, it tells me that this is only a dead-cat bounce. KLCI may attempt to reach 1200 but I strongly believe that it will test 1050 soon. The trend is still down. This is because the plantation index has just broken it's first uptrend line (there is another one at around 6600).

Malaysia	Longterm	Midterm	Shorterm
KLCI	Down	Down	Down
Finance	Down	Down	Down
Construction	Down	Down	Down
Plantation	Down (-)	Neutral	Down
Property	Down	Down	Down
Mesdaq	Down	Down	Down
2nd Board	Down	Down	Down

Well, I'm not an economist but this is what I understand based on what is happening in the US and how it will affect the rest of the world:
High oil and the subprime crisis have affected the auto, airline and financial sectors. People are loosing jobs. Consumption has shifted from high end to lower end. Luxury goods are suffering. Whole sale retailer are seeing more businesses due to limited amount of disposable income. High end retailers will be hit and more jobs will be lost. Consumption will shrink again affecting other sectors. Stock market will go down, reducing the people's wealth. So, the vicious cycle become worse. When the Americans, who lives on borrowed money stop consuming, it will hit the rest of the world. Can the Chinese and Indians replaced the reduced demand? Hey, aren't they the one getting more wealthy because of the Americans?

Anyway, look at the bright side. People will get healthier as they must use more human power to get around. Maybe the percentage of overweight people will be reduced as everyone is eating less (me included). We don't need to spend so much on our health care system because less people are getting sick. Hey, experts are even predicting less road accidents due to high oil! Corruption will be wipe out because nobody has anymore money to bribe. Government development will become more efficient as there is less money to waste. Social order will be disrupted at the beginning to flush out the bad things, but at the end of this crisis, we will come out better.

The consequence of bottom fish

This is a video of Jim Cramer's flip-flop on bank and homebuilders (property in Malaysian lingo). I guess he thought that he can bottom fish especially the banks. From my experience, a reversal can only be known using long term charts. Daily charts only gives you all sort of noise that makes you flip-flop and all confused.

No trust for oneself?

In this article, a survey was done in the US asset management industry. It is found that 46% of domestic fund manager did not invest at all in the fund that they manage! Ok, maybe the fund that the manage does not fit into their financial plan but why so high percentage? No confident in ones ability? Maybe play other peoples' money is more fun than playing own money. Hmm...I wonder if the same survey is done for Malaysian fund, what will be the percentage? A good thesis for any economics student. Any takers for this research topic?

I have one crazy idea, why don't we have a law that requires any analyst that issue a buy call must in fact buy the stock after the report is published. It is easy to say the word buy, but when your money is involved, do you dare to act on it?

Summer Meltdown

KLCI Yearly Chart

It is summertime in the northern hemisphere. Stock exchange around the world are melting down. Malaysian politics are full of confusion, but there is no confusion in our stock exchange, a break of 1000-1050 will mean a complete meltdown of our stock market! This week, the plantation sector has started to weaken. I thought that can earn some money from plantation counters. No chance now.

Malaysia	Longterm	Midterm	Shorterm
KLCI	Down	Down	Down
Finance	Down	Down	Down
Construction	Down	Down	Down
Plantation	Neutral (-)	Neutral	Down (-)
Property	Down	Down	Down
Mesdaq	Down	Down	Down
2nd Board	Down	Down	Down

Don't listen to analyst that says that it is time to buy because our stocks are cheap. It can go cheaper. We should wait for the analyst to buy first to stabilize the market, then only we follow. As small investor/trader (like me) only has small capital, we can't afford to make mistakes. The objective is not to make the highest return. The objective is to make the surest return.

Bears Around The World

How much pain can you stomach? Have you stretch your time frame into long term now?

An overview of Bursa Malaysia indexes:

Malaysia	Longterm	Midterm	Shorterm
KLCI	Down	Down	Down
Finance	Down	Down	Down
Construction	Down	Down	Down
Plantation	Up	Neutral	Neutral (-)
Property	Down	Down	Down
Mesdaq	Down	Down	Down
2nd Board	Down	Down	Down

Well, don't worry, we are not alone:

World	Longterm	Midterm	Shorterm
S&P500	Down	Down	Down
DJI	Down	Down	Down
NasdaqComp	Down	Down	Down
Nikkei 225	Down	Down	Neutral
Kospi	Down	Down	Down
SSECI	Down	Down	Down
HSI	Down	Down	Down
TWII	Down	Down	Down
STI	Down	Down	Down
SENSEX	Down	Down	Down
FTSE	Down	Down	Down
DAX	Down	Down	Down

I'm expecting a bounce soon for the US, but then again, when fear grips everyone, it can be very nasty. If you have the facility to play the bear direction (short/put option/put warrant), then you will make money. If not, then keep your money in the bank. At least, you'll lose slowly (due to inflation) then eaten up by the bear.

Only Plantation Is Alive

Can the plantation sector go up when the rest of the market is going down? How long will the commodity bull last?

	Longterm	Midterm	Shorterm
KLCI	Down	Down	Down
Finance	Down	Down	Down
Construction	Down	Down	Down
Plantation	Up	Neutral	Up (+)
Property	Down	Down	Down
Mesdaq	Down	Down	Down
2nd Board	Down	Down	Down

Nothing to Blog

I'm still alive. The market is still not going up, nothing to trade, so nothing to blog. Anyway, just a quick overview of sector based on technical analysis.

	Longterm	Midterm	Shorterm
KLCI	Down	Down	Down
Finance	Down	Down	Down
Construction	Down	Down	Down
Plantation	Up	Neutral	Neutral
Property	Down	Down	Down
Mesdaq	Down	Down	Down
2nd Board	Down	Down	Down

For those that keep coming back, just enjoy Euro 2008. Maybe the market will become alive again after that. By the way, if you keep checking this blog every other day, why don't you use Google newsfeed reader. Just get a Google account and look for the reader link. The reader will inform you know when there is a new post. Easy. Saves you the time and trouble.

P.S. I hope that table comes out right.

Critical Area

KLCI Daily Chart

A double top? Or an oscillation between 1280 to 1305? A breakdown will be ugly. Which I think that this is the greater probability as all daily indicators are bearish.

KLCI Weekly Chart

A break down may mean that a revisit of 1150 and maybe 1000. The later is still too early to tell.

So watch out!

Bullish counters still up?!

Hmm....the weekly bullish counters is now at 205:
3A ADVPKG AEON AFG AHEALTH AISB AMFIRST AMMB AMWAY ANCOM ANNJOO APM APP ARREIT ASTINO ASTRO ASUPREM ATIS BAHVEST BIPORT BPPLAS BPURI BSDPROP CCB CEPAT CHANG CHINTEK CHOOBEE CIMA COASTAL COMINTL CUSCAPI CWORKS CYL DAIBOCI DAYA DIGI DKLS DUTALND-WA ECOFIRS ENG ENGTEX ESSO EVERGRN F&N FAJAR FAREAST FORMOST FPI FRB FRONTKN GNEALY GOPENG GPHAROS GPLUS GUINESS HAIO HALIM HAPSENG HARISON HEXZA HIAPTEK HINGYAP HLBANK HTPADU HUAAN HUMEIND HWGB IMASPRO INGENS INIX INSBIO IPMUDA JAVA JAVA-WA JERNEH JETSON JTIASA JTINTER KASSETS KENANGA KFC KFM KINSTEL KINSTEL-WA KKB KMLOONG KMLOONG-WA KNM KPJ KULIM KULIM-WB KURNIA KZEN LBALUM LCL LINEAR LINGUI LIONCOR LIONIND LITRAK LPF LPI LSTEEL LTKM LYSAGHT MAEMODE MAICA MANULFE MASTEEL MAYBULK MBSB METACOR METECH METROD MFLOUR MHC MISC MISC-O1 MMM-PA MNRB MSC MSNIAGA MTEAM MUDA MUTIARA MYCRON MYEG NCB NESTLE NHFATT NOMAD NSOP NTPM ONASTEL OPUS PAHANCO PANAMY PAOS PARAGON PARAMON PBBANK PBBANK-O1 PHARMA PICORP PIE PJBUMI PMETAL PMETAL-WB POLY PPB PRESTAR PW QL RAPID RAPID-WA RPB RUBEREX RUBEREX-LA RUBHD SAPCRES SAPIND SARAWAK SAUJANA SEAL SEQUOIA SINDORA SITATT SMPC SPRITZR SRII SSTEEL SSTEEL-LA STAMCOL STAR STSTEC SUCCESS SUNCRN SWKPLNT TAANN TANAMAS TASEK TCHONG TDEX TDM TEXCHEM THPLANT TIENWAH TIMWELL TM TMCLIFE TONGHER TOYOINK TSH TSM TWS TWSPLNT UPA UTDPLT VADS WTHORSE WTK YECHIU YOKO YUNKONG

The weekly bearish counters is now at 259.

I have reduced my holdings last week. Only holding Alam, Maybulk and Sapcres-WA. All are not working well.

Sell in May and go away?

Maybulk

Maybulk Weekly Chart

It gives me a buy signal. Good chance of going up. I have no position yet but planning to open one.

Tenaga, Maybank, Genting and TMI New CWs

New CWs to be issued on 22 May 2008: Tenaga-CK, Maybank-CI, Genting-CL and TMI-CA. My interpretations for the underlying share are:

	Tenaga	Maybank	Genting	TMI
Monthly	Bearish	Bearish	Bearish	-
Weekly	Bearish	Bearish	Bearish	-
Daily	Neutral	Neutral	Bearish	Neutral

So, at current conditions, the odds are not in our favor to play these CWs.

Bulls increased, Bears decreased

The number of weekly bulls is now at 196:
3A ADVPKG AEON AFG AHEALTH AISB AJI AMFIRST AMMB AMWAY ANCOM ANNJOO APEX APP ARANK ARREIT ASTINO ASUPREM ATIS BAHVEST BIPORT BPPLAS BSDPROP CCB CEPAT CHANG CHEEWAH CHOOBEE CIMA CWORKS DAIBOCI DAYA DELLOYD DENKO DIGI DKLS DOMINAN DUTALND-WA ECOFIRS ENG ENGTEX EPMB-PB ESSO EVERGRN F&N FAREAST FORMOST FPI FRB FRONTKN GNEALY GPHAROS GPLUS GUINESS HAIO HALIM HAPSENG HARISON HIAPTEK HLBANK HTPADU HUBLINE HUMEIND HWGB IMASPRO INIX INSBIO IPMUDA IRMGRP JAVA JETSON JTIASA JTINTER KASSETS KESM KFC KFM KINSTEL KINSTEL-WA KKB KLUANG KMLOONG KMLOONG-WA KNM KPJ KZEN LCL LINEAR LINGUI LIONCOR LIONIND LPF LPI LSTEEL MAEMODE MAGNUM MAICA MANULFE MASTEEL MAYBULK MBSB METACOR METECH MFLOUR MHC MHOUSE MINTYE MISC MISC-O1 MNRB MSC MSNIAGA MUDA MUIIND MUIIND-LA MUIIND-LB MUTIARA MYCRON NARRA NCB NESTLE NHFATT NOMAD NSOP NTPM ONASTEL OPENSYS OPUS PAHANCO PANAMY PAOS PARAGON PARAMON PBBANK PBBANK-O1 PHARMA PICORP PIE PMETAL POLY PPB PRESTAR PW QL RAPID RAPID-WA RPB RUBEREX RUBHD SAPCRES SAPIND SARAWAK SAUJANA SEQUOIA SHELL SINDORA SITATT SPRITZR SRII SSTEEL SSTEEL-LA STAMCOL STAR STSTEC SUCCESS SUNCRN SWKPLNT SYF-WA TAANN TAFI TANAMAS TASEK TCHONG TDEX TEXCHEM THPLANT TIENWAH TIMWELL TM TMCLIFE TONGHER TOYOINK TSH TSM TWS TWSPLNT UPA UTDPLT VADS WTHORSE WTK WWTKH WWTKH-LA YECHIU YOKO YUNKONG

The number of weekly bears is now at 260.

I'm having contrasting result for Bursa Malaysia and US Options. I'm losing here but winning there. I guess I got into the wrong sector here.

Bullish sectors for US are: bulk shipping, crude oil shipping, solar manufacturer, oil producer, oil service provider, gas producer, coal producer, steel, agriculture (machinery and fertilizer) and coming soon, technology (besides GOOG, RIMM, AAPL). That's the sectors I'm focusing for the US market.

Now, for Malaysia, I guess it is oil and gas, plantation and steel. I missed the first move in steel. Let's see whether is there any chance later. For oil and gas, I notice that KNM is the leader. Which counters will be the follower? For plantation, maybe KLK will become the leader.

So, the world is currently playing energy and food themes. As long as oil keeps rising, I will play these two themes.

Costly Mistakes

I'm making costly mistakes. I'm selling out so that I can reexamine what have I done wrong.

Range bound or continue rebound?

Weekly bulls have increased to 159 now:
3A ADVPKG AEON AFG AHEALTH AHP AMFIRST AMTEK AMWAY ANNJOO APEX APP ARREIT ASTINO ASUPREM ATIS BAHVEST BIPORT BPPLAS CCB CEPAT CHANG CHEEWAH CME CUSCAPI DAIBOCI DAYA DELLOYD DIGI DKLS DUTALND-WA DXN ECOFIRS EMICO-WA ENG ENGTEX ESSO F&N FAREAST FPI FRB GCE GPHAROS GPLUS GUINESS HAIO HALIM HAPSENG HARISON HLBANK HTPADU HUATLAI HUMEIND IMASPRO IMPRESS INIX INSBIO IRMGRP JERASIA JETSON JOHAN-LA JTIASA JTINTER KESM KFC KINSTEL KINSTEL-WA KKB KMLOONG KMLOONG-WA KPJ KPOWER KRETAM-LA KZEN LCL LINEAR LIONCOR LIONIND LPF LPI MAEMODE MAGNUM MALPAC MANULFE MASTEEL MAYBULK MBSB METACOR MINTYE MMM-PA MNRB MSC MSNIAGA MTEAM MUDA MUTIARA NALURI NCB NESTLE NTPM ONASTEL OPUS PAHANCO PANAMY PARAGON PBBANK PBBANK-O1 PHARMA PICORP PIE POLY PORTRAD PUC QL RAPID RAPID-WA RPB RUBEREX RUBHD SAPIND SARAWAK SAUJANA SEQUOIA SHELL SINDORA SITATT SPRITZR SRII SSTEEL SSTEEL-LA STAR SUCCESS SUNCRN SWKPLNT SYF-WA TAANN TAKASO-WA TAMCORP TASEK TDEX TECGUAN TEXCHEM THPLANT TIENWAH TIMWELL TM TMCLIFE TSM TWS UPA UTDPLT VADS WARISAN WTHORSE WTK WWTKH YECHIU YOKO YTLPOWR

Weekly bears have decreased to 335.

KLCI Weekly Chart

I thought that KLCI will dive last week, but it didn't. It's still holding on. I don't know whether it will continue to go up or stay range bound. The daily, weekly and monthly technical signals are all contradicting each other.

Oil is at USD125++. Will there be play in the oil & gas and plantation sector? I just notice that I missed out the steel sector play. I must admit that I'm not paying much attention to Bursa Malaysia now. Trading in two markets that are 12 hours apart is not easy stuff. I will have to make a decision soon whether to keep trading in Bursa Malaysia. Trends that I hope will be formed are not forming. Maybe there are not enough TA traders in this market.

Currently I'm holding Digi-CB, Choland-C1, Cnooc-C4, Wilmar-C1, Alam and Sapcres-WA.

Sapcres & Alam

Alam Weekly Chart

Downtrend broken, base building for 5 weeks and starting to move now??? I'm in.

Sapcres Weekly Chart

Downtrend broken. Base building kind of short. Start of new uptrend??? I'm in Sapcres-WA.

What Created The Subprime Mess

Funny video.


What Created The Subprime Mess - Watch more free videos

Wilmar

Wilmar Daily Chart

Looks good. To go above SGD5.00??? I'm in Wilmar-C1!

Rebound Over?

Weekly bulls have increased to 123:
AFG AJI AMWAY ANNJOO APEX APP ARANK ASUPREM ATIS BAHVEST BERNAS BIPORT BPPLAS BREM CHANG CHEEWAH CME CUSCAPI DAIBOCI DAYA DIGI DKLS DUTALND-WA DXN ECOFIRS ENGTEX F&N FAREAST FPI FRB GCE GPHAROS GPLUS GUINESS HAIO HARISON HLBANK HTPADU HYTEXIN IMASPRO INIX INSBIO IRMGRP JERASIA JETSON JOHAN-LA JTINTER KFC KIMHIN KINSTEL KINSTEL-WA KKB KZEN LBICAP LINEAR LIONIND LPF MAGNUM MALPAC MANULFE MAYBULK MBFHLDG-WA MBSB METACOR METECH MILUX MSC MSNIAGA MTEAM MUDA MUIIND-LA MUIIND-LB NALURI NESTLE NTPM OCB OPUS PAHANCO PANAMY PAOS PBBANK PBBANK-O1 PICORP PORTRAD PPHB PUC QL RAPID RAPID-WA RUBHD SAPIND SARAWAK SAUJANA SEQUOIA SHELL SITATT SRII STAR SUCCESS SUNCRN SWKPLNT TAANN TAKASO-WA TAMCORP TASEK TGUAN THPLANT TIMWELL TM TMCLIFE TRACOMA TSM TWS TWSPLNT UPA UTDPLT WARISAN WTHORSE WTK WWTKH YAHORNG YECHIU YOKO

Weekly bears have decreased to 365. Our rebound seems to halt halted. It troubles me when US goes up and we go down. What happens when US go down? We go down more?

Still not finding any good set up for serious trading. Still holding Digi-CB, Choland-C1, ICBC-C5, Cnooc-C4 and Exmobil-C1. Going to get off from Exmobil-C1. I thought XOM will make huge profit, apparently not. No luck.

Malaysian market cannot go up. No opportunity to trade. Currently, I'm active in US options market. You can read it in my other blog (link in sidebar).

Four New CW

KLCI-CE, HKEX-C8, SIME-CE and BURSA-CK will be listed on 28 Apr 08. All are in the money. Maybe a good trade for rebound play. Let's see how it opens this Monday morning. I'll wait for a few days of data before deciding. If I use moving average, I'll need at least 7 trading days to read the market sentiment. If I don't follow my technical readings, then I'll based the trade on my feelings, and most of the time, my feelings are bullish bias. That is not good.

KLCI Still In Rebound Mode

KLCI Weekly Chart

Rebound continues. Still too early to say that it will turn into an uptrend. Looking out for any sign of reversal into bearish mode when it touches 1300 to 1350.

The number of weekly bullish counters is now at 100:
ABFMY1 AHP AJI AMWAY APEX APP ARANK ASUPREM ATIS BAHVEST BERNAS BIPORT CHANG CHASE CHASE-PA CHEEWAH CME CUSCAPI DAIBOCI DAYA DELLOYD DKLS DUTALND-WA DXN ECOFIRS ENGTEX F&N FPI FRB GCE GPLUS HAIO HTPADU IMASPRO INIX INSBIO IRMGRP JETSON JETSON-LA JETSON-WA JOHAN-LA JTINTER KESM KKB KPOWER LBICAP LINEAR LIONIND LPF MAGNUM MAYBULK METACOR MFLOUR MSC MTDINFR MUDA MUIIND-LA MUIIND-LB NALURI NCB NESTLE NTPM OPUS PAHANCO PBBANK-O1 PICORP PLB-WA PORTRAD PSPRING PUC QL RAPID RAPID-WA SARAWAK SEQUOIA SHELL SITATT SPRITZR SRII STAR SUCCESS SUNCRN SWKPLNT TAANN TAKASO-WA TASEK TEXCHEM TGUAN THPLANT TIMWELL TMCLIFE TRACOMA TSM TWS TWSPLNT UPA UTDPLT WARISAN YAHORNG YOKO

The number of weekly bearish counters has reduced to 452.

I bought Digi-CB, but it seems like I may have to cut loss. Next week watchlist: YTL & MISC.

Hongkong Play List

Based on today's close, the following are considered bullish based on my weekly filter:
0688.HK 0883.HK 0939.HK 0941.HK 1398.HK 3328.HK 3988.HK

It will be my HK play watch list for next week.

Choland

Choland Weekly Chart

Hmmm....seems like Choland has broken out of the downtrend. Can it move up further? I hope so. Hopefully Shanghai will pull it up. Shanghai has a spectacular rise and a terrifying dive. Hopefully Shanghai is in rebound mode now.

Choland-C1 is in the money with 8% premium. Got 2 months of lifespan left. I'm in.

Old News

Hmmm...seems like my shipping watch news is old news. Tanker news was published in TheEdge already. Ok, I must admit I don't buy business news reading materials any more. Last time got, but I found out that I cannot translate news information to making money. Why? By the time you read the news, another 100,000 people have also read the news. Now imagine if everyone react to the news simultaneously. Chaos! So to prevent the media of draining my precious fund, I only read online version, not the full article but just the headline. Yes, just the headline, too much information is no good. I'll get confused. Information overload is bad to the brain.

Sex and Trading

Are you scare of losing money? No guts to buy? Well, looks like there is a cure for it. Sorry, it's only for guys. Read this.

Apparently some scientist found out that if men look at erotic pictures, they are more likely to take monetary gambles. Wow! No wonder I dare to play on those soon-to-expired CW. I wonder whether that is the reason why Dali has been putting sexy female pictures in his blog.

A warning: don't look at snakes or spiders picture. They will make you kecut :p

Shipping Watch

Shipping stocks may be on the move again. Maybulk looks like continuing the uptrend. Unfortunately, no warrant to play.

I'm more interested in MISC. Oil tanker rates are going up again. US oil tanker stocks has started to move. Will MISC follows? They have the 2nd largest fleet in the world. MISC has tricked me a few times, so I'm a little bit cautious in getting in.

Oil tanker market report can be obtained here.

Rebound Continues

The number of weekly bulls have increased to 81. They are:
ALAQAR APEX APP ARANK ASUPREM ATIS BAHVEST BAT BERNAS BIPORT CHANG CHASE CHASE-PA CHEEWAH CME DAIBOCI DELLOYD DKLS DUTALND-WA DXN ECOFIRS F&N FPI FRB GCE GFB GPLUS HAIO HOOVER INGENS INIX IRMGRP JERASIA JETSON JETSON-LA JOHAN-LA JTINTER KESM KKB KPOWER LBICAP LPF MAGNUM METACOR METECH MIKRO MSC MTDINFR MTEAM MUDA MUIIND-LA NALURI NCB NESTLE NTPM OPUS PARAGON PBBANK-O1 PICORP QL RAPID RAPID-WA SEACERA SEQUOIA SITATT SRII STAR SUNCRN SWKPLNT TASEK TECGUAN TEXCHEM TGUAN TIMWELL TMCLIFE TOCEAN TRACOMA TSM TWS UTDPLT WARISAN

The number of weekly bears have decreased to 571. Rebound continues. I think that the rebound target will be between 1300 to 1350.

Citibank analyst says buy now. Aiyah....depends on what type of player you are. Trend following? Swing? Fundamental?

For me, I still wait and watch.

My watch list: IOICorp, KLK, Kretam, Digi, PBBank, DBS, Capland, Wilmar, Chmobil.

I'm playing ICBC-C5, Exmobil-C1 and Cnooc-C4.

Cnooc

Cnooc Weekly Chart

US oil & gas counters rally. How about Cnooc? Chart shows that the consolidation is over. Can it challenge the old high? Two CWs are listed in Bursa: Cnooc-C2 & Cnooc-C4 (C3 doesn't exist). Only Cnooc-C4 is worth looking as it is in the money now and the deadline is in Nov 2008. The premium is quite high, but there will be a play if Cnooc is listed in Shanghai in this few months. Remember how Petroch runs in anticipation of its Shanghai listing? Well, it may and it may not repeat but I believe the risk is worth it.

Exxon Mobil

XOM Daily Chart

What pattern do you see? A symmetrical triangle or a rising wedge? It broke 90.00 yesterday. So it should challenge 95.00 again. That is why I have increased my position in Exmobil-C1.

Still in rebound mode

The index is still in rebound mode. The number of weekly bulls is now at 62, up from 51 last week. The 62 weekly bulls are:
AHP ALAQAR APEX ASUPREM ATIS BAHVEST BAT BIPORT CCK CHASE CHASE-PA DELLOYD DKLS DUTALND-WA FPI FRB GFB HOOVER INGENS INIX IRMGRP ITRONIC JERASIA JETSON KESM KKB LPF MAGNUM METACOR METECH MIKRO MILUX MSC MTDINFR MUDA NALURI NCB NESTLE NTPM OCB PAHANCO PARAGON PICORP PUC QL RAPID RAPID-WA SEQUOIA SITATT SMI-LA SPRITZR SRII SUNCRN TASEK TEXCHEM TIMWELL TMCLIFE TOCEAN TRACOMA TSM WARISAN YAHORNG

The number of weekly bears have reduced to 658 from last week's 718.

Didn't do any trade last week. Just holding up with ICBC and Exmobil CW. Oil is at USD110 now. The oil chart is still pointing upwards. So, O&G stocks will be played up? Looking at my O&G list, no buy signals from any of them. For the plantation stocks, looks like they (IOICorp & KLK) are building a base.

For this week, I'm watching IOICorp, KLK, Digi, PBBank, DBS, Capland and Chmobil.

Look East, Look South, Look West, Not Here

Number of weekly bulls still not much change. Currently at 51. They are:
AHP ASDION ASUPREM ATIS BAHVEST BTM CHASE DELLOYD DFZ-PC DKLS FRB GFB GOLSTA IBHD INGENS INIX IRMGRP JERASIA KKB LPF MAGNUM METACOR MILUX MITRA MLAB MSC MTDINFR MUDA NALURI NCB NESTLE NTPM PACMAS PAHANCO PARAGON PICORP PORTRAD PUC RAPID RAPID-WA SCOMAL SEQUOIA SITATT SRII TAKASO TEXCHEM TIENWAH TMCLIFE TRACOMA TSM WARISAN

From the list, looks like nothing is interesting at all. The number of weekly bears is currently at 718. The blue chips are not worth having now, the main indexes are still dropping.

Nothing much for KLSE stocks but there is a possibility for rebound play for foreign CW:
Looking east: Chmobil, ICBC
Looking south: Capland, DBS
Looking west: Exmobil
Some of these CW are in the money or almost in the money. Due to bad market sentiment, the premium is quite "cheap" but timing is the problem. Can it move up in 2-3 months time? I'm in ICBC and Exmobil CW. Still stalking the rest. I'll play small only to sharpen my skills. Dare not lose my trouser.

Stabilizing or window dressing?

The number of weekly bull counter doesn't change much. They are:
AHP ASDION ATIS BTM CHASE CHEEWAH DELLOYD DKLS FPI FRB GFB GPERAK-NA INGENS INIX IRCB JETSON-WA KKB MAGNUM METACOR MLAB MSC MTDINFR MUDA NALURI NCB NESTLE NTPM PACMAS PARAGON PICORP PORTRAD PSPRING PTB RAPID RAPID-WA SCOMAL SEQUOIA SITATT SRII SUNCRN TAMADAM-WA TCUBES TMCLIFE TOCEAN TRACOMA WARISAN

The number of weekly bear counter has drop to 759. Is the market stabilizing or just a window dressing for the end of 1st quarter?

I'm stalking Digi. Nothing else.

Bears still up

The number of weekly bears is now at 808. The number of weekly bulls increased a little bit to 48. The bulls are:
ABFMY1 AMTEK ASDION ATIS BINTAI BTM CHASE CHEEWAH CME CYBERT DAYA DELLOYD DFZ-PD DKLS EG-WB FPI FRB GOLSTA GPERAK-NA INIX IRCB JERASIA KKB LOH&LOH MAGNUM METACOR MLAB MSC MTDINFR NALURI NCB NVMULTI PACMAS PARAGON PICORP PORTRAD PPEDANA PTB RAPID RAPID-WA SEQUOIA SITATT SRII TMCLIFE TOCEAN TRACOMA UBG WARISAN

The boat is rocking harder. This political uncertainty will surely bring down the market more. Still staying out of the market. Looking at US market, my interpretation is that it is going for a rebound. Looking at KLCI chart, it is oversold too. Maybe it is time for a rebound too. How to play a rebound? I don't have a game plan at all.

Bulls still down

Bull counters continue to shrink:
AMWAY ASDION BTM CHASE CME DAYA DELLOYD DKLS DUTALND-LB FPI FRB GPERAK-NA IJMPLNT INIX ITRONIC JETSON-LA KKB LOH&LOH MAGNUM METACOR METECH MHOUSE MTDINFR NALURI NCB PACMAS PICORP PPEDANA PTB RAPID RAPID-WA SITATT SRII SUNCRN TIENWAH TMCLIFE TOCEAN TRACOMA UBG WARISAN WWTKH (Total = 41)

There are now 776 bearish securities. It is easier to buy a counter that is going down than up. HKSE and SGX warrants are all also down. How long will this continue?

Tsunami everywhere

First election tsunami. Then stock market tsunami. First time I see a 10%. First time for everyone. Now we know the circuit breaker has been tested and worked.

I guess from now onwards, political-linked counters are to be avoided. I did not dare to buy today. Dare not catch a falling knife, even for a rebound play.

If one is hoping for a bull market, from my chart reading, I estimate that it will take a least a year to repair the technicals (if it stops sliding).

With recession in the US, I guess that work competition will get tougher now. So, time to concentrate on my daily job and stop dreaming of making it in the stock market.

What's left for the bulls?

Only 72 counters left (7 Mar 08) that are considered to be in the bullish stage but many are in the process of dropping out:
AMWAY ANNJOO ATIS BAT BSDREIT CCK CCMDBIO CHASE CHASE-PA CME CYBERT DAYA DELLOYD DFZ-PC DFZ-PD DKLS DUTALND-LB ETITECH FCW FRB GNEALY GPERAK-NA HTPADU IJMPLNT IMASPRO INIX IRETEX ITRONIC JAYCORP KKB KMLOONG KMLOONG-WA KRETAM-LA KULIM KULIM-WB KURNIA KWANTAS LOH&LOH MAGNUM MFLOUR MHOUSE MTDINFR NALURI NCB NEPLINE NEXNEWS NVMULTI PACMAS PICORP PK PLB-WA PORTRAD PPEDANA RAMUNIA RAMUNIA-PA RAMUNIA-WA RAPID RAPID-WA SEQUOIA SITATT SOP SOP-WA SSTEEL STAR TOCEAN TRACOMA UBG UTDPLT VERSATL WARISAN WWTKH YEELEE

The bears? There are 731 of 'em. Too long to put in the blog. So, that's at 10 to 1 ratio for the bears.

It is definite that BN majority will be reduced this Saturday. Does that mean another round of selling come Monday?

Weekly B&B Counters (29 Feb 08)

The bullish counters based on my weekly criteria continue to decrease:
ABRIC-WA AIKBEE ANNJOO ASIATIC ASTRO BAT BJTOTO BSDREIT CCK CCMDBIO CHASE CHASE-PA CHOOBEE CHUAN CWORKS DAYA DELLOYD DFZ-PD DKLS DUTALND-LB ETITECH FCW FRB GNEALY GPERAK-NA HTPADU IJMPLNT IMASPRO INIX ITRONIC JETSON KLK KMLOONG KMLOONG-WA KRETAM-LA KULIM KULIM-WB KURNIA KWANTAS LOH&LOH MAGNUM MFLOUR MHC MWE NALURI NEPLINE NESTLE NEXNEWS NVMULTI PACMAS PADINI PICORP PORTRAD PPEDANA PTB PW RAMUNIA RAMUNIA-PA RAMUNIA-WA RAPID RAPID-WA RVIEW SITATT SJC SOP SOP-WA SSTEEL STAR SYF-WA TDM TM TMCLIFE TOCEAN UBG UMCCA UTDPLT VERSATL WARISAN WWTKH YEELEE YTL YTL-WB YTLCMT-LA

Total: 83

The bearish counters based on my weekly criteria continue to increase:
3A A&M ABRIC ACOSTEC ADVENTA AEM AEON AFFIN AFFIN-WC AFG AHEALTH AHP AIC AIM AIRASIA AIRB AIRB-LA AISB AJIYA AKN ALAM ALAQAR ALCOM ALLIANZ AMDB AMFIRST AMMB AMMB-WB ANALABS ANCOM ANCOM-WA APB APLAND APM APOLLO ASAS ASB ASB-WA ASCAP ASIAPAC ASTINO ASUPREM AT ATLAN-WA ATRIUM AUTOAIR-WA AVENTUR AWC AXREIT AZRB BAHVEST BANENG BASWELL BCB BCTTECH BDB BERNAS BGYEAR BIG BIG-WA BIMB BINAIK BIPORT BKOON BOLTON BONIA BONIA-WA BORNOIL BORNOIL-WA BOXPAK BPPLAS BPURI BRDB BREM BREM-WA BRIGHT BSA BSDPROP BSTEAD BTECH BURSA CAB CAELY CAMERLN CAMRES CANONE CARLAW CARLSBG CAROTEC CBIP CBSTECH CCB CCM CENBOND CENTURY CENTURY-WA CEPCO CFM CHASE-WA CHEETAH CIHLDG-WA CIMA CMSB CNI CNLT COASTAL COMINTL COMMERZ COMMERZ-LA COMPUGT CONNECT CRESNDO CYL D&O DAIMAN DATAPRP DBE DBHD DENKO DGATE DIALOG DIGISTA DIGISTA-WA DIJACOR DISTECH DKSH DNP DOLMITE DOMINAN DPS DRBHCOM DUTALND DUTALND-LA DUTALND-WA DVM DXN E&O E&O-WA E&OPROP EBWORX ECOFIRS ECOFIRS-WB EDEN EFFICEN EFORCE EFUTURE EG EKOVEST EKOVEST-WA EKRAN EKSONS ELSOFT EMETALL EMIVEST ENCORP ENGKAH ENGLOTC ENGTEX ENVAIR EON EONCAP EPIC EPMB EQUINE ESTETIC EUPE EURO EUROSP EVERGRN EXTOL FABER FACBIND FAJAR FARLIM FARMBES FAVCO FBO FFHB FIAMMA FIMACOR FITTERS FOCUS FONICS FORMOST FREIGHT FRONTKN FTEC GADANG GAMUDA GCE GEFUNG GENTING GHLSYS GLOBALC GLOMAC GLOSOFT GLOSOFT-WA GMUTUAL GOLDIS GOLSTA GOODWAY GOPENG GPERAK GPHAROS GPLUS GPRO GRANFLO GREENYB GSB GTRONIC GUANCHG GUH GUINESS GUNUNG GUNUNG-WA GUOCO HALIFAX HALIFAX-WA HALIM HAPSENG HARBOUR HARISON HARNLEN-WA HARVEST HDBS HDISPLY HEKTAR HEXAGON HEXZA HIAPTEK HICITY HIL HINGYAP HLBANK HLCAP HLFG HLIND HOHUP HOVID HPI HSL HUATLAI-WA HUAYANG HUBLINE HUNZPTY HUNZPTY-WA HUPSENG HWATAI HWATAI-WA HYTEXIN IBHD ICBC-C1 IDAMAN IDAMAN-LB IE IFCAMSC IGB IJM IJM-WB ILB INCKEN INFOTEC INGENS INSAS INSAS-LA INSAS-WA INSBIO INTEGRA IOIPROP IRCB IREKA IRIS IRIS-PA IRIS-WA IRMGRP JADI JAKS JASKITA JERASIA JETSON-WA JLAND JMI JMR JOHAN JOHOTIN JOTECH K1 K1-WA KAF KAMDAR KARYON KASSETS KASSETS-WA KBB KBES KBUNAI KEINHIN KELADI KEN KENANGA KENCANA KENMARK KEYWEST KFC KFIMA KFM KHEESAN KHSB KIALIM KIANJOO KIMBLE KIMBLE-WA KKB KLCCP KOMARK KOMARK-WA KONSORT KOSMO KOTRA KPJ KPSCB KSENG KSL KTB KUB KUCHAI KURASIA L&G LANDMRK LATEXX LATEXX-WA LBALUM LBALUM-WA LBS LCHEONG LCTH LDAUN LEADER LEWEKO LHH LIENHOE LIMAHSN LINEAR-WA LIONCOR LIONCOR-WA LIONDIV LIONFIB LIONIND LIQUA LIQUA-WA LMCEMNT LPF LTKM LUSTER M3NERGY M3TECH MAA MAEMODE MAEMODE-WA MAICA MALPAC MALTON MANULFE MARCO MARCO-WA MAS MATRIX MAXTRAL MAYBULK MBFHLDG-WA MBMR MBSB MCMTECH MECHMAR MEDAINC MEDIA MEDIA-LA MEDIA-WA MELATI MELEWAR MELEWAR-WA MENANG MENTIGA MERCES MESB METROD MFCB MICROLN MIECO MIECO-WA MIKRO MILUX MINHO MINPLY MISC MISC-O1 MITHRIL MITHRIL-LA MITHRIL-LB MITHRIL-WB MJPERAK MMCCORP MMM MMM-PA MMM-WB MMODE MMOSAIC MMSV MNRB MOBIF MODULAR MPCORP MPCORP-WA MPHB MPHB-WB MRCB MTDACPI MTOUCHE MTRONIC MUDA MUH MUHIBAH MUIIND MUIIND-LA MUIPROP MULPHA MULPHA-WA MULPHAL-WA MULTICO MUTIARA MVEST MYCRON NAIM NAMFATT NAMFATT-LB NARRA NATWIDE NEXNEWS-WA NGIUKEE NGIUKEE-WA NHFATT NICORP NIHSIN NIKKO NOTION NOVAMSC NSTP NTPM NYLEX OCB OCNCASH OCTAGON OCTAGON-WA OGAWA OIB OILCORP OLYMPIA OLYMPIA-WA ONASTEL ONLINE OPCOM OPENSYS OPUS ORIENT OSK OSK-WB OSKPROP OSKPROP-WA OSKVI PA PAHANCO PALETTE PANTECH PAOS PARAMON PARKSON PASDEC PATIMAS PATIMAS-WA PAXELNT PBA PCCS PDZ PECD PELIKAN PENSONI PENSONI-WA PENTA PERISAI PERMAJU PERSTIM PETDAG PETGAS PETRA PETROCH-C1 PILECON PILECON-LA PJDEV PJI PLENITU PLS PLUS PMBTECH PMCAP PMCORP PMETAL PMETAL-WB PMHLDG PMIND PMIND-WA PNEPCB POHUAT-WA POS PPG PRDUREN PREMIUM PRESTAR PRESTAR-WA PRIME PRKCORP PRTASCO PSIPTEK PTARAS PTGTIN PUC PUNCAK PUTERA PWE PWORTH QSR QUALITY RANHILL RBLAND RCECAP RESINTC REX REXIT RHBCAP RHYTHM RHYTHM-LA RHYTHM-WA RPB RUBHD SAAG SAAG-WA SALCON SALCON-WA SANBUMI SAPCRES SAPCRES-WA SAPRES SARAWAK SATANG SAUJANA SBAGAN SBCCORP SCIB SCIENTX SCOMI SCOMIEN SCOMIMR SDKM SDRED SEACERA SEAL SEEHUP SERNKOU SERSOL SHCHAN SHH SINCHEW SINORA SKBSHUT SKPRES SMI SMISCOR SMPC-WA SMRTECH SPK SRIDGE STAMCOL STEMLFE STONE SUCCESS SUIWAH SUMATEC SUNCITY SUNINFR SUNINFR-WA SUNRISE SUNWAY SUNWAY-WB SUPER SUPERLN SUPERMX SURIA SWEEJOO SYF SYMPHNY SYMPHNY-WA TA TA-WB TAFI TAKAFUL TAKASO-WA TALAM TALAM-PA TALIWRK TAMADAM-WA TAMCORP TANCO TANJONG TCHONG TCUBES TDEX TEBRAU TECFAST TECGUAN TECHVEN TEKALA TEKSENG TEXCYCL TGOFFS TGUAN THGROUP THPLANT TIENWAH TIME TIMECOM TITAN TNLOGIS TOMEI TONGHER TOPGLOV TOYOCEM TOYOINK TRC TRC-LA TRC-WA TRIPLC TSM TSRCAP TSRCAP-WA TSTORE TWS TWSCORP UCHITEC UDSCAP UEMWRLD UKB UMLAND UMS UMW UNISEM UOAREIT UPA UTUSAN VINTAGE VIS VITROX VIZTEL VS WASEONG WEIDA WIJAYA WILLOW WONG WOODLAN WWE XIANLNG YGL YHS YIKON YILAI YINSON YLI YOKO YONGTAI YSPSAH YTLCMT YTLE YTLLAND YTLLAND-PA YTLLAND-PB YUNKONG ZECON-WA ZELAN

Total: 687

To proxyclub, I have to presume you work in a brokerage based on your "advice". Why? By following your suggestion, one would have to pay a minimum of RM28,000 for all the counters in KLSE (ok...I'm not sure the number, but I guess it is around 1000 excluding the warrants). Why not just invest in an ETF?

Weekly B&B Counters (22 Feb 08)

Remaining bullish counters based on my weekly criteria:
AIKBEE ANNJOO ASTRO ATIS ATURMJU BAT BJTOTO BSDREIT CCMDBIO CRESBLD-WA CWORKS DAYA DFZ-PD DKLS DUTALND-LB EG-WB ETITECH FCW FRB FUTUTEC GCORP GNEALY GPERAK-NA HIGHTEC IJMPLNT IMASPRO INIX ITRONIC JETSON JETSON-LA KLK KMLOONG KMLOONG-WA KPS KULIM KULIM-WB KZEN LIIHEN LOH&LOH MAGNUM MAYBANK MFLOUR MHC MILUX MITRA-WB MNC MYEG NAKA NALURI NEPLINE NESTLE PACMAS PADINI PARAGON PBBANK PBBANK-O1 PICORP PORTRAD PPEDANA RAMUNIA RAMUNIA-PA RAMUNIA-WA RAPID RAPID-WA RESORTS RPB RVIEW SOP SSTEEL SSTEEL-LA STAR STSTEC SUNCRN TDM TM TMCLIFE TOCEAN UBG UMCCA UMSNGB UTDPLT WARISAN WASEONG-LA WWTKH YEELEE YTL YTL-WB ZA-OSKSB

Total: 88

Expanded bearish counters based on my weekly criteria:
A&M A&M-WA ABRIC ACOSTEC ADVENTA AEM AEON AFFIN AFFIN-WC AFG AHEALTH AHP2 AIM AIRASIA AIRB AJIYA AKN ALAM ALCOM ALLIANZ AMDB AMFIRST AMMB AMMB-WB ANALABS ANCOM ANCOM-WA APB APLAND APLI APM APOLLO ASAS ASB ASB-WA ASDION ASIAPAC ASUPREM AT ATLAN-PA ATRIUM AUTOAIR-WA AVENTUR AWC AXREIT AZRB BAHVEST BANENG BASWELL BCB BCTTECH BDB BERNAS BGYEAR BIG BIG-WA BIMB BINAIK BINTAI BIPORT BKOON BOLTON BONIA BONIA-WA BORNOIL BORNOIL-WA BOXPAK BPPLAS BPURI BRDB BREM BREM-WA BRIGHT BSA BSDPROP BSTEAD BURSA CAELY CAMERLN CAMRES CANONE CARLAW CAROTEC CBIP CCB CENBOND CENTURY CENTURY-WA CEPCO CFM CHANG CHASE CHASE-WA CHEETAH CHEEWAH CHMOBIL-C1 CICB CIHLDG-WA CIMA CMSB CNASIA CNLT COASTAL COMINTL COMMERZ COMPUGT CRESNDO CYL D&O DAIBOCI DAIMAN DATAPRP DBE DBHD DENKO DGATE DIALOG DIGISTA DIGISTA-WA DIJACOR DKSH DNP DOLMITE DOMINAN DPS DRBHCOM DUTALND DUTALND-BA DUTALND-LA DUTALND-WA DXN E&O E&O-WA E&OPROP EBWORX ECOFIRS EDEN EFFICEN EFORCE EFUTURE EKOVEST EKOVEST-WA EKRAN EKSONS ELSOFT EMETALL EMIVEST ENCORP ENGKAH ENGLOTC ENGTEX ENVAIR EONCAP EPIC EPMB EQUINE ESTETIC EUPE EURO EUROSP EVERGRN EXTOL FABER FACBIND FAJAR FARLIM FARMBES FAVCO FBO FFHB FFHB-WB FITTERS FOCUS FONICS FREIGHT FRONTKN FTEC GADANG GCE GCE-WA GEFUNG GENETEC GENTING GFB GHLSYS GKENT-LA GLOBALC GLOMAC GLOSOFT GMUTUAL GOLDIS GOODWAY GOPENG GPA GPERAK GPHAROS GPLUS GPRO GRANFLO GREENYB GSB GTRONIC GUH GUINESS GUNUNG GUNUNG-WA GUOCO HALIFAX HALIFAX-WA HALIM HAPSENG HARBOUR HARISON HARNLEN HARNLEN-WA HARVEST HDBS HEKTAR HEXAGON HEXZA HICITY HIL HINGYAP HLBANK HLCAP HLFG HLIND HOHUP HOVID HPI HSL HTPADU HUAYANG HUBLINE HUNZPTY HUNZPTY-WA HUPSENG HWATAI HWATAI-WA IBHD ICBC-C1 IDAMAN IE IFCAMSC IGB IJM IJM-WB ILB INCKEN INGENS INGRESS INSAS INSAS-LA INSAS-WA INSBIO INTEGRA IOIPROP IRCB IREKA IRIS IRIS-PA IRIS-WA IRMGRP JADI JASKITA JAVA JETSON-WA JLAND JMI JMR JOHOTIN JOTECH K1-WA KAF KAMDAR KASSETS KAWAN KBES KBUNAI KELADI KEN KENANGA KENCANA KENMARK KEURO KEYWEST KFC KFIMA KFM KHEESAN KHSB KIANJOO KIMBLE KIMBLE-WA KKB KLCCP KNUSFOR KOBAY KOMARK KOMARK-WA KONSORT KOSMO KOTRA KPJ KPSCB KSENG KSL KTB KUB KUCHAI KURASIA KYM L&G LATEXX LATEXX-WA LAYHONG LBALUM LBALUM-WA LBS LCTH LDAUN LEADER LEESK LEWEKO LHH LIENHOE LIMAHSN LINEAR LINEAR-WA LIONCOR LIONCOR-WA LIONDIV LIONFIB LIONIND LIPO LIQUA LIQUA-WA LPF LTKM LUSTER LYSAGHT M3NERGY M3TECH MAA MAEMODE MAEMODE-WA MAHJAYA MAICA MALPAC MALTON MANULFE MARCO MARCO-WA MAS MATRIX MAXBIZ MAXTRAL MAYBULK MBFHLDG-WA MBMR MBSB MCMTECH MECHMAR MEDAINC MEDIA MEDIA-LA MEDIA-WA MELEWAR MELEWAR-WA MEMS MENANG MENTIGA MERCES MESB METACOR METROD MFCB MICROLN MIECO MIECO-WA MIKRO MINHO MINPLY MINTYE MISC MISC-O1 MITHRIL MMCCORP MMM MMM-WB MMODE MMOSAIC MMSV MNRB MOBIF MODULAR MPCORP MPCORP-WA MPHB MPHB-WB MRCB MSC MTDACPI MTDINFR MTEAM MTRONIC MUDA MUH MUHIBAH MUIIND MUIIND-LA MUIPROP MULPHA MULPHA-WA MULPHAL MULPHAL-WA MULTICO MUTIARA MVEST MYCRON NAIM NAMFATT NAMFATT-LB NARRA NATWIDE NEXNEWS-PA NEXNEWS-WA NGIUKEE NGIUKEE-WA NHFATT NICORP NIHSIN NIKKO NOTION NOVAMSC NSTP NTPM NYLEX OCB OCTAGON OCTAGON-WA OGAWA OILCORP OKA OLYMPIA OLYMPIA-WA ONASTEL ONLINE OPCOM OPUS ORIENT OSK OSK-WB OSKPROP OSKPROP-WA OSKVI PA PAHANCO PALETTE PANTECH PARAMON PARKSON PASDEC PATIMAS PATIMAS-WA PAXELNT PBA PCCS PDZ PECD PELIKAN PENSONI PENSONI-WA PENTA PERMAJU PERSTIM PETDAG PETGAS PETRA PETROCH-C1 PETROCH-C2 PILECON PILECON-LA PJDEV PJI PLENITU PLS PLUS PMBTECH PMCAP PMCORP PMETAL PMETAL-WB PMHLDG PMIND PMIND-WA PNEPCB POHUAT-WA POS PPG PPHB PRDUREN PREMIUM PRESTAR PRESTAR-WA PRIME PRKCORP PRTASCO PSIPTEK PTARAS PTGTIN-WA PUC PWE PWORTH QSR QUALITY RANHILL RBLAND RCECAP RESINTC REX RHBCAP RHYTHM RHYTHM-LA RHYTHM-WA RUBHD SAAG SAAG-WA SALCON SALCON-WA SANBUMI SAPCRES SAPCRES-WA SAPIND SAPRES SARAWAK SATANG SAUJANA SBAGAN SBCCORP SCIB SCIENTX SCOMI SCOMIEN SCOMIMR SDKM SDRED SEACERA SEAL SEEHUP SERSOL SHCHAN SHH SHL SINCHEW SKPRES SMI SMISCOR SMPC-WA SMRTECH SPK SRII STAMCOL STEMLFE SUCCESS SUIWAH SUMATEC SUNCITY SUNINFR SUNINFR-WA SUNRISE SUNWAY SUNWAY-WB SUPER SUPERLN SUPERMX SURIA SWEEJOO SYMPHNY SYMPHNY-WA TA TA-WB TAFI TAKAFUL TALAM TALAM-PA TALIWRK TAMADAM-WA TAMCORP TANCO TANJONG TAWIN TCUBES TDEX TECFAST TECGUAN TECHVEN TEKALA TEKSENG TEXCHEM TEXCYCL TGOFFS TGUAN THPLANT TIENWAH TIME TIMECOM TITAN TNLOGIS TOMYPAK TONGHER TOPGLOV TOYOCEM TOYOINK TPC TRIPLC TRIUMPL TSRCAP TSRCAP-WA TSTORE TWRREIT TWS TWSCORP UBB UCHITEC UDSCAP UEMWRLD UKB UMLAND UMS UMW UNISEM UOAREIT UPA UTUSAN VINTAGE VIS VITROX VIZTEL VS WASEONG WATTA WEIDA WELLCAL WIDETEC-WA WIJAYA WILLOW WONG WOODLAN WWCABLE WWE XIANLNG YECHIU YHS YIKON YILAI YINSON YLI YOKO YOKO-WA YONGTAI YSPSAH YTLCMT YTLCMT-LA YTLE YTLLAND YTLLAND-PA YTLLAND-PB ZECON-WA ZELAN

Total: 670

No CNY rally. No election rally. More than half of the counters are bearish. No point to buy for the long term. Maybe good play for day traders or contra traders. Otherwise, I think that one should just stay out. With commission so high, it's tougher for the ikan bilis like me to survive now.

Weekly B&B Counters (15 Feb 08)

The following are bullish counters (filtered using my weekly criteria) for the week ending 15 Feb 2008:
ANNJOO ARREIT ASIABRN ASIABRN-WA ASIATIC ASTRO ATIS ATURMJU BAT BJTOTO BKAWAN BSDREIT CHINTEK CRESBLD-WA DAYA DELLOYD DFZ-PC DFZ-PD DISCOMP DISTECH DKLS DUTALND-LB DVM EKIB ETITECH FAJAR FCW FCW-WA FRB FUTUTEC GAMUDA GCORP GNEALY HIGHTEC HUATLAI HUMEIND HYTEXIN IJMPLNT IMASPRO INIX ITRONIC JAYCORP JERASIA JETSON JOHAN K1-WA KHIND KLK KMLOONG KMLOONG-WA KPS KULIM KULIM-WB KZEN LBICAP LCHEONG-WA LOH&LOH LPI MAGNUM MAYBANK MELATI MFLOUR MHC MITRA-WB MMSV MNC MRCB MUDAJYA MWE MYEG NAKA NALURI NCB NESTLE NSOP NTPM OIB PACMAS PADINI PARAGON PBBANK PBBANK-O1 PICORP PORTRAD PPEDANA PTGTIN RAMUNIA RAMUNIA-PA RAMUNIA-WA RAPID RAPID-WA RESORTS REXIT RSAWIT RVIEW SAB SHELL SIME SJC SMPC SOP SOP-WA SPRITZR SSTEEL STAR SUNCRN SYF-WA TAMADAM-WA TDM TM TNLOGIS TOCEAN UBG UMCCA UMSNGB UTDPLT WARISAN WCTLAND WWTKH YNHPROP YTL YTL-WB ZA-OSKSB

Total: 123

The following are bearish counters (filtered using my weekly criteria) for the week ending 15 Feb 2008:
A&M A&M-WA ABRIC ACOSTEC ADVENTA AEM AEON AFFIN AFFIN-WC AFG AHEALTH AHP2 AIM AIRASIA AIRB AIRB-LA AJIYA AKN ALAM ALCOM ALLIANZ AMDB AMFIRST AMMB AMMB-WB ANCOM ANCOM-WA APB APLAND APLI APM APOLLO ASAS ASB ASB-WA ASDION ASIAPAC ASTINO ASUPREM AT ATLAN-PA ATRIUM AUTOAIR-WA AVENTUR AWC AXREIT BAHVEST BANENG BASWELL BCB BCTTECH BDB BERNAS BGYEAR BIG BIG-WA BIMB BINAIK BINTAI BIPORT BKOON BOLTON BONIA BORNOIL BORNOIL-WA BPPLAS BPURI BRDB BREM BREM-WA BRIGHT BSA BSDPROP BTECH CAMERLN CAMRES CANONE CARLAW CAROTEC CBIP CCB CCM CENBOND CENTURY CENTURY-WA CEPCO CFM CHANG CHASE CHASE-WA CHEETAH CHMOBIL-C1 CIMA CMSB CNLT COASTAL COMINTL COMMERZ COMPUGT CRESNDO CVIEW CYL DAIBOCI DAIMAN DATAPRP DBE DEGEM DENKO DENKO-WA DGATE DIALOG DIGISTA DIGISTA-WA DIJACOR DKSH DNP DOMINAN DPS DRBHCOM DUTALND DUTALND-WA DXN E&O-WA E&OPROP EBWORX ECOFIRS EDEN EFFICEN EFORCE EFUTURE EKOVEST EKOVEST-WA EKOWOOD EKRAN EKSONS ELSOFT EMETALL EMICO-WA EMIVEST ENCORP ENGKAH ENGLOTC ENGTEX ENVAIR EONCAP EPIC EPMB-WA EQUINE ESTETIC EUPE EURO EUROSP EVERGRN EXTOL FABER FACBIND FARLIM FARMBES FAVCO FBO FFHB FITTERS FOCAL FOCUS FPI FREIGHT FRONTKN FTEC GADANG GCE-WA GEFUNG GENETEC GENTING GESHEN GFB-WB GHLSYS GLOBALC GLOSOFT GLOSOFT-WA GMUTUAL GOLDIS GOLSTA GOODWAY GOPENG GPERAK GPHAROS GPLUS GPRO GRANFLO GREENYB GSB GTRONIC GUANCHG GUH GUNUNG GUNUNG-WA GUOCO HALIFAX HALIFAX-WA HALIM HAPSENG HARBOUR HARISON HARNLEN-WA HARVEST HDBS HEXAGON HEXZA HICITY HIL HLBANK HLCAP HLFG HLIND HOHUP HOOVER HOVID HPI HSL HUAYANG HUBLINE HUNZA HUNZPTY HUNZPTY-WA HUPSENG HWATAI HWATAI-WA ICBC-C1 IDAMAN IE IGB IJM IJM-WB ILB INCKEN INGENS INSAS-LA INTEGRA IQGROUP IREKA IRIS IRIS-PA IRIS-WA IRMGRP JADI JASKITA JAVA JLAND JMI JOHOTIN JOTECH KAF KAMDAR KASSETS KBES KBUNAI KEINHIN KELADI KEN KENANGA KENCANA KENMARK KEURO KEYWEST KFC KFIMA KHEESAN KHSB KIANJOO KIMBLE KIMBLE-WA KKB KLCCP KOBAY KOMARK KOMARK-WA KOSMO KOTRA KPJ KPSCB KSENG KSL KUB KUCHAI KURASIA L&G LATEXX LATEXX-WA LAYHONG LBALUM LBS LCTH LDAUN LEADER LEWEKO LHH LIENHOE LIMAHSN LINEAR LINEAR-WA LIONCOR LIONCOR-WA LIONDIV LIONFIB LIPO LIQUA LIQUA-WA LITRAK LPF LTKM LUSTER LYSAGHT M3NERGY M3TECH MAA MAEMODE MAEMODE-WA MAICA MALTON MANULFE MARCO MAS MAXTRAL MAYBULK MBMR MBSB MCMTECH MECHMAR MEDIA MEDIA-WA MELEWAR MELEWAR-WA MEMS MENANG MENTIGA MERCES MESB METACOR METECH METROD MFCB MIECO MIECO-WA MIKRO MILUX MINHO MINPLY MISC MISC-O1 MITHRIL MITHRIL-WB MITRA MJPERAK MMM MMM-WB MMODE MMOSAIC MNRB MOBIF MODULAR MPCORP-WA MPHB MPHB-WB MQTECH MSC MTDACPI MTDINFR MTRONIC MUDA MUHIBAH MUIIND MUIPROP MULPHA MULPHA-WA MULPHAL MULPHAL-WA MULTICO MUTIARA MYCRON NAIM NAMFATT NAMFATT-LB NARRA NATWIDE NGIUKEE NGIUKEE-WA NHFATT NIHSIN NIKKO NOTION NOVAMSC NSTP NYLEX OCTAGON OCTAGON-WA OGAWA OILCORP OKA OLYMPIA OLYMPIA-WA ONASTEL ONLINE OPCOM OPUS ORIENT OSK OSK-WB OSKPROP PAHANCO-WA PALETTE PANTECH PARAMON PARKSON PASDEC PATIMAS PCCS PDZ PELIKAN PENSONI PENTA PERMAJU PERSTIM PETDAG PETGAS PETRA PETROCH-C1 PILECON PILECON-LA PJBUMI PJDEV PJI PLB-WA PLENITU PLS PMBTECH PMCAP PMCORP PMETAL PMETAL-WB PMHLDG PMIND PMIND-WA PNEPCB POHUAT-WA POS PPG PPHB PRESTAR-WA PRIME PRKCORP PRTASCO PSIPTEK PTARAS PTGTIN-WA PWE PWORTH QSR QUALITY RANHILL RBLAND RCECAP RESINTC REX RHBCAP RHYTHM RHYTHM-WA RUBHD SAAG SAAG-WA SALCON SALCON-WA SANBUMI SAPCRES SAPCRES-WA SAPIND SAPRES SARAWAK SATANG SAUJANA SBCCORP SCIB SCIB-WA SCIENTX SCOMI SCOMIEN SCOMIMR SDKM SDRED SEACERA SEAL SEEHUP SHCHAN SHH SHL SINCHEW SKPRES SMI SMISCOR SMRTECH SPK SRII STAMCOL STEMLFE SUCCESS SUIWAH SUMATEC SUNCITY SUNINFR-WA SUNRISE SUNWAY SUNWAY-WB SUPER SUPERLN SUPERMX SURIA SWEEJOO SYMPHNY SYMPHNY-WA TA-WB TAANN TAFI TAHPS TAKASO TALAM TALAM-PA TALIWRK TAMCORP TANCO TANJONG TAWIN TCUBES TDEX TECFAST TECGUAN TEKALA TEKSENG TEXCYCL TGOFFS TGUAN TIENWAH TIME TIMECOM TITAN TONGHER TOPGLOV TOYOCEM TOYOINK TPC TRACOMA TRIPLC TRIUMPL TSM TSRCAP TSRCAP-WA TSTORE TWRREIT TWSCORP UAC UBB UCHITEC UDSCAP UMLAND UMS UNISEM UOAREIT UPA VINTAGE VIS VITROX VIZTEL VS WASEONG WEIDA WIDETEC-WA WIJAYA WILLOW WONG WOODLAN WWCABLE WWE XIANLNG YECHIU YHS YIKON YILAI YINSON YLI YOKO YSPSAH YTLE YTLLAND YTLLAND-PA ZECON-WA ZELAN

Total: 594