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

Weekly B&B Counters (6 Feb 08)

What a short trading week. Had my reunion dinner. A bit tipsy as I have a low tolerance for alcohol. Luckily I always manage to keep my mouth shut when I'm in this condition (not like some people).

Even though the technicals are not good, I'm still hoping for a rally next week. Foreign reserves keeps increasing (hopefully they don't go to the bond market). Election coming. My strategy is to sell into this rally (if possible). Hopefully my October 07 luck can repeat cause I really need it.

The following are bullish counters (filtered using my weekly criteria) for the week ending 6 Feb 2008:
AJI ANNJOO ARREIT ASIABRN ASIABRN-WA ASTRO ATIS ATURMJU AXIS BAT BJTOTO BSDREIT CCMDBIO CHINTEK CRESBLD-WA DELLOYD DFZ-PC DISTECH DKLS DUTALND-LB DVM EDARAN EKIB ETITECH FAJAR FAREAST FCW FCW-WA FRB FTEC FUTUTEC GAMUDA GCORP GNEALY HSLEONG HUATLAI-WA HUMEIND IJMPLNT IMASPRO INIX IRCB IRETEX JAYCORP JETSON JMR JOBST JOHAN K1-WA KAWAN KINSTEL KINSTEL-WA KLK KMLOONG KMLOONG-WA KPS KULIM KULIM-WB LBICAP LCHEONG LIMAHSN LOH&LOH LPI MAGNUM MAHSING MAYBANK MBFHLDG-WA MFLOUR MHC MITHRIL-LB MNC MRCB MUDAJYA MWE MYEG NAKA NALURI NCB NESTLE NSOP NTPM PACMAS PADINI PARAGON PBBANK PBBANK-O1 PERISAI POLY PORTRAD PTGTIN RAMUNIA RAMUNIA-PA RAMUNIA-WA RAPID RAPID-WA REDTONE RESORTS REXIT RSAWIT RVIEW SAB SIME SOP SOP-WA SSTEEL STAMCOL-WA STAR SUNCRN TDM TM TMCLIFE TNLOGIS TOCEAN UBG UDSCAP-WA UMCCA UTDPLT WARISAN WCT WCTLAND YEELEE YNHPROP YTL ZA-OSKSB

Total: 123

The following are bearish counters (filtered using my weekly criteria) for the week ending 6 Feb 2008:
A&M A&M-WA ABRIC ACOSTEC ADVENTA ADVPKG AFFIN AFFIN-WC AFG AHEALTH AHP 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 ASUPREM AT ATRIUM AUTOAIR-WA AVENTUR AWC AXREIT BAHVEST BANENG BCB BCTTECH BGYEAR BIG BIG-WA BIMB BINAIK BINTAI BIPORT BKOON BOLTON BONIA BORNOIL BOXPAK BPURI BRDB BREM BREM-WA BRIGHT BSA BSDPROP BTECH CAMERLN CAMRES CANONE CARLAW CARLSBG CAROTEC CCB CCM CENTURY CENTURY-WA CHANG CHASE CHEETAH CHMOBIL-C1 CIMA CMSB CNLT COASTAL COMINTL COMMERZ COMPUGT CONNECT CRESNDO CVIEW CYL D&O DAIMAN DATAPRP DBE DEGEM DELEUM DENKO DGATE DIALOG DIGISTA DIJACOR DNP DOMINAN DPS DRBHCOM DUTALND DXN EBWORX ECM ECOFIRS EDEN EFFICEN EFORCE EFUTURE EKOVEST EKOWOOD EKRAN EMETALL EMICO-WA EMIVEST ENCORP ENG ENGKAH ENGLOTC ENGTEX ENVAIR EONCAP EPIC EPMB-WA EQUINE ESCERAM ESTETIC EUPE EUROSP EVERGRN EXTOL FABER FACBIND FARLIM FARMBES FAVCO FBO FITTERS FLONIC FOCAL FOCUS FPI FREIGHT FRONTKN GADANG GCE-WA GEFUNG GENTING GHLSYS GKENT-LA GLOBALC GLOSOFT GLOSOFT-WA GMUTUAL GOLDIS 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 HEKTAR HEXAGON HEXZA HICITY HIL HIRO HLBANK HLFG HLIND HOHUP HOOVER HOVID HPI HUAYANG HUBLINE HUPSENG HWATAI HWATAI-WA ICBC-C1 IDAMAN IE IJM IJM-WB ILB INCKEN INFOTEC INGENS INGRESS INSAS-LA INSBIO INTEGRA IOIPROP IQGROUP IREKA IRIS IRIS-PA IRIS-WA JADI JAVA JETSON-WA JLAND JMI JOTECH KAF KAMDAR KANNAL KASSETS KBES KBUNAI KELADI KEN KENANGA KENCANA KEURO KEYWEST KFC KFIMA KHEESAN KHSB KIANJOO KIMBLE KKB KLCCP KOMARK KOSMO KOTRA KPJ KPSCB KSL KTB KUB KUCHAI KURASIA L&G LATEXX LATEXX-WA LBALUM LBS LCHEONG-WA LCTH LDAUN LEADER LEESK LHH LIENHOE LINEAR-WA LIONCOR LIONCOR-WA LIONDIV LIONFIB LIQUA LIQUA-WA LITRAK LPF LTKM LUSTER M3NERGY M3TECH MAA MAEMODE MAEMODE-WA MAICA MALTON MANULFE MARCO MAS MAXBIZ MAYBULK MBMR MBSB MCMTECH MECHMAR MEDIA-WA MELEWAR MELEWAR-WA MEMS MENANG MENTIGA MERCES MESB METACOR METALR METECH METROD MEXTER MFCB MHOUSE MIECO MIECO-WA MIKRO MINHO MINPLY MISC MISC-O1 MITHRIL MITHRIL-WB MMM MMM-PA MMM-WB MMM-WC MMODE MMOSAIC MMSV MNRB MOBIF MPCORP-WA MPHB MQTECH MSC MTDACPI MTDINFR MTRONIC MUDA MUIIND MUIPROP MULPHA MULPHA-WA MULPHAL-WA MULTICO MUTIARA MVEST MYCRON NAIM NAMFATT NARRA NATWIDE NEXNEWS-WA NGIUKEE-WA NHFATT NICORP NIHSIN NIKKO NOVAMSC NSTP NYLEX OCTAGON OCTAGON-WA OGAWA OILCORP OLYMPIA OLYMPIA-WA ONASTEL OPCOM OPUS ORIENT OSK OSK-WB OSKPROP OSKPROP-WA PAHANCO-WA PALETTE PANTECH PAOS PARAMON PATIMAS PAXELNT PBA PDZ PECD PELIKAN PENSONI PENTA PERMAJU PERSTIM PETDAG PETGAS PETRA PETROCH-C1 PETROCH-C2 PILECON PILECON-LA PJBUMI PJDEV PJDEV-WB PJI PLB-WA PLENITU PMBTECH PMCAP PMCORP PMETAL PMETAL-WB PMHLDG PMIND PMIND-WA PNEPCB POLYTWR POS PRDUREN PREMIUM PRESTAR-WA PRIME PRTASCO PSIPTEK PTARAS PTGTIN-WA PWE PWORTH QSR QUALITY RANHILL RBLAND RCECAP REX RHBCAP RUBHD SAAG SAAG-WA SALCON SALCON-WA SANBUMI SAPCRES SAPCRES-WA SAPIND SAPRES SARAWAK SATANG SCIB SCIB-WA SCIENTX SCOMI SCOMIEN SCOMIMR SDKM SDRED SEACERA SEG SERNKOU SHCHAN SHL SINCHEW SINORA SKPRES SMI SMISCOR SMPC-WA SMRTECH SOLUTN SPK SRIDGE SRII STEMLFE SUCCESS SUIWAH SUMATEC SUNCITY SUNINFR-WA SUNRISE SUNWAY SUNWAY-WB SUPERLN SUPERMX SWEEJOO SYMPHNY SYMPHNY-WA TA-WB TAFI TAKASO TALAM TALAM-PA TALIWRK TALIWRK-WA TAMCORP TANCO TANJONG TDEX TECFAST TEKALA TEKSENG TGOFFS TGUAN TIME TIMECOM TITAN TMS TONGHER TOPGLOV TOYOCEM TOYOINK TPC TRIPLC TRIUMPL TSRCAP TSTORE TWRREIT TWSCORP UAC UCHITEC UDSCAP UEMBLDR UEMWRLD UMLAND UNISEM UOAREIT UPA VERSATL VINTAGE VIS VITROX VIZTEL VS WASEONG WEIDA WIJAYA WILLOW WOODLAN WWCABLE WWTKH XIANLNG YAHORNG YECHIU YHS YIKON YILAI YINSON YLI YOKO YSPSAH YTLE YTLLAND YTLLAND-PA ZECON ZECON-WA ZELAN

Total: 550

Take care of your cash in the Year of the Rat

Cut and paste from thestandard. According to the masters, this is not a good year for me. Should I go to Lilian Too's shop to buy something to change my prospect?

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Una So

Tuesday, February 05, 2008

Prudence is the watchword for investors in the Year of the Rat which begins on Thursday, according to fung shui masters.

However, one of them believes there could be a stock market boom in April following good news from the mainland - though he also cautions speculators to be wary of hiccups following the end of the Beijing Olympic Games.

Fung shui master So Man-fung said there will be some fluctuations in the stock market but without the fiery momentum that was seen over the past few months.

He said the Year of the Rat is dominated by the wood element meaning those working in wood- related industries such as paper, Chinese medicine and textiles will enjoy some good fortune.

However, this could also mean that the prices of agricultural products could soar in 2008.

Earth-based industries such as architecture, infrastructure, building and mining will also be profitable.

Fung shui master Alion Yeo Tim- ming also predicts the Year of the Rat will be a cooling-off period for the economy and that much financial prudence should be exercised.

Yeo, who is also a student of the Indian religion Tantra, advised people to save money and be very cautious about investments.

He expects the Chinese government to announce good news by spring, around March or April, and that this will elevate people's spirits and the stock and real estate market, but that the economy will slow down again after the Beijing Olympics.

However, it will not be a good year for Rats or Horses.

People born in the Year of the Rat are said to be Fan Tai Sui, or those who have offended the ancient grand duke of the planet Jupiter, and they can expect a rocky year ahead.

The Horse is said to be the Rat's nemesis, but those born in that year will also have a rough passage with many unwanted life alterations, such as changes of heart and money problems.

Those who were born in the Year of the Rabbit will be in the mood for love as their "star of the red phoenix" will be spreading its wings in 2008.

KLCI (31 Jan 2008)

KLCI Weekly Chart

Definitely no good. Dali and Sam both are bearish. I'm too. Looks like the chance of an election rally is diminishing. Maybe a election rebound based on current chart.

Weekly B&B Counters (31Jan 08)

The following are bullish counters (filtered using my weekly criteria) for the week ending 31 Jan 2008:
AJI ANALABS ANNJOO ARREIT ASIABRN ASIABRN-WA ASTRO ATIS ATURMJU AXIS BAT BERTAM BJLAND-LB BJTOTO BKAWAN BSDREIT CCMDBIO CHINTEK CYBERT DELLOYD DFZ-PC DKLS DUTALND-LB EDARAN EKIB ETITECH FAJAR FAREAST FCW FCW-WA FRB FTEC FUTUTEC GAMUDA GCORP HIGHTEC HUMEIND HYTEXIN IJMPLNT INIX IRCB JAYCORP JETSON JOBST JOHAN K1-WA KASSETS-WA KLK KMLOONG-WA KPOWER KPS KULIM KULIM-WB KWANTAS LBICAP LCHEONG LOH&LOH LPI MAGNUM MAYPAK MBFHLDG MBFHLDG-WA MFLOUR MHC MITHRIL-LA MMSV MNC MRCB MUDAJYA NAKA NESTLE NSOP NTPM NVMULTI PACMAS PADINI PARAGON PBBANK PBBANK-O1 PERISAI POHUAT PORTRAD PTB RAMUNIA RAMUNIA-PA RAMUNIA-WA RAPID RAPID-WA REXIT RSAWIT RVIEW SAB SCOPE SHANG SILVER-LA SIME SPRITZR SSTEEL SSTEEL-LA TM TMCLIFE TOCEAN UBG UMCCA UTDPLT WARISAN WCT WCTLAND YEELEE YNHPROP YONGTAI YTL ZA-OSKSB

Total: 113

The following are bearish counters (filtered using my weekly criteria) for the week ending 31 Jan 2008:
A&M ABRIC ACOSTEC ADVENTA ADVPKG AFFIN AFFIN-WC AFG AHEALTH AHP AHP2 AIRASIA AIRB AIRB-LA AJIYA AKN ALAM ALCOM AMDB AMFIRST AMMB AMMB-WB ANCOM ANCOM-WA APB APLAND APLI APOLLO ASAS ASB ASB-WA ASDION ASIAPAC ASUPREM AT ATRIUM AUTOAIR-WA AVENTUR AWC AXREIT BAHVEST BANENG BCB BCTTECH BDB BGYEAR BIG BIG-WA BIMB BINAIK BINTAI BIPORT BKOON BOLTON BORNOIL BPURI BRDB BREM BSA BSDPROP BTECH CAMERLN CAMRES CANONE CARLAW CARLSBG CAROTEC CCB CENBOND CENTURY-WA CFM CHANG CHASE CHASE-WA CHMOBIL-C1 CHUAN CIMA CMSB CNASIA CNLT COASTAL COMINTL COMMERZ COMPUGT CONNECT CRESNDO CYL DAIBOCI DAIMAN DAYA DBE DELEUM DENKO DGATE DIALOG DIGISTA DIGISTA-WA DIJACOR DKSH DNP DOLMITE DOMINAN DPS DRBHCOM DUTALND DUTALND-BA DUTALND-WA DXN EBWORX ECM ECOFIRS EDEN EFFICEN EFORCE EFUTURE EG-LA EKOVEST EKOVEST-WA EKOWOOD EKRAN ELSOFT EMETALL EMICO-WA EMIVEST ENCORP ENG ENGKAH ENGLOTC ENGTEX EONCAP EPIC EPMB EPMB-PA EPMB-PB EPMB-WA EQUINE EQUINE-LA ESSO ESTETIC EUPE EUROSP EVERGRN EXTOL FABER FACBIND FARLIM FARMBES FAVCO FBO FFHB FIAMMA FITTERS FLONIC FOCUS FPI FREIGHT FRONTKN FURNWEB GADANG GBRIDGE GCE-WA GEFUNG GENETEC GENTING GFB-WB GHLSYS GKENT GKENT-LA GLOBALC GLOSOFT GLOSOFT-WA GMUTUAL GOLDIS GOLSTA GOODWAY GOPENG GPERAK GPHAROS GPRO GRANFLO GREENYB GSB GTRONIC GUANCHG GUH GUINESS GUNUNG GUNUNG-WA GUOCO HALIFAX HALIFAX-WA HAPSENG HARBOUR HARISON HARNLEN-WA HARVEST HDBS HEKTAR HEXAGON HEXZA HICITY HIL HIRO HLBANK HLCAP HLFG HOHUP HOOVER HOVID HPI HUAYANG HUBLINE HUNZPTY HUNZPTY-WA HWATAI HWATAI-WA ICBC-C1 IDAMAN IDAMAN-LB IE IGB IJM IJM-WB ILB INCKEN INGENS INGRESS INSAS-LA INSBIO INTEGRA IOIPROP IPOWER IQGROUP IREKA IRIS IRIS-PA IRIS-WA IRMGRP ITRONIC JADI JAVA JAVA-WA JERASIA JETSON-LA JHM JLAND JMI JOHOTIN JOTECH KAF KAMDAR KANNAL KASSETS KAWAN KBES KBUNAI KELADI KEN KENANGA KENCANA KEURO KEYWEST KFC KFIMA KFM KHEESAN KHSB KIMBLE KIMBLE-WA KKB KLCCP KOMARK KOMARK-WA KONSORT KOSMO KOTRA KPJ KPSCB KSL KTB KUB KUCHAI KURASIA L&G LATEXX LATEXX-WA LAYHONG LBALUM LBS LCTH LDAUN LEADER LEESK LEWEKO LHH LIENHOE LINEAR LIONCOR LIONCOR-WA LIONFIB LIPO LIQUA LIQUA-WA LITRAK LPF LSTEEL LYSAGHT M3NERGY M3TECH MAA MAEMODE MAEMODE-WA MAHJAYA MAICA MALTON MANULFE MARCO MAS MAXBIZ MAXTRAL MAYBULK MBMR MBSB MCMTECH MECHMAR MEDAINC MEDIA MEDIA-LA MELEWAR MELEWAR-WA MEMS MENANG MENTIGA MERCES MERGE METACOR METALR METROD METROK MEXTER MFCB MHOUSE MIECO MIECO-WA MIKRO MINHO MINPLY MISC MISC-O1 MITHRIL MITHRIL-WB MITRA MKLAND MMM MMM-WB MMODE MMOSAIC MNRB MOBIF MQTECH MSC MTDACPI MTDINFR MTRONIC MUIIND MUIPROP MULTICO MUTIARA MVEST MYCRON N2N NAIM NAMFATT NARRA NATWIDE NEXNEWS NEXNEWS-WA NGIUKEE NHFATT NICORP NIHSIN NIKKO NSTP NYLEX OCTAGON OCTAGON-WA OGAWA OILCORP OKA OLYMPIA OLYMPIA-WA ONASTEL ONLINE OPCOM OPUS ORIENT ORNA OSK OSK-WB OSKPROP OSKPROP-WA OSKVI PALETTE PANTECH PAOS PARAMON PASDEC PAXELNT PBA PDZ PECD PELIKAN PENSONI PENSONI-WA PENTA PERMAJU PERSTIM PETDAG PETGAS PETRA PETROCH-C1 PHARMA PILECON PJBUMI PJDEV PJDEV-WB PJI PLENITU PMBTECH PMCORP PMETAL PMETAL-WB PMHLDG PMIND PMIND-WA PNEPCB POLYTWR POS PPHB PRDUREN PRESTAR PRIME PRKCORP PRLEXUS PRTASCO PSIPTEK PTARAS PWE QSR QUALITY RALCO RALCO-WA RANHILL RBLAND RCECAP REX RHBCAP RHYTHM-WA RUBHD SAAG SALCON SALCON-WA SAPCRES SAPCRES-WA SAPIND SAPRES SARAWAK SATANG SAUJANA SBCCORP SCIB SCIENTX SCOMI SCOMIMR SDKM SDRED SEACERA SEAL SEEHUP SEG SERNKOU SHCHAN SHCHAN-WA SHH SHL SINCHEW SINORA SJC SKPRES SMI SMI-LA SMISCOR SMPC-WA SMRTECH SPK SRII STEMLFE STSTEC SUCCESS SUIWAH SUMATEC SUNCITY SUNINFR-WA SUNRISE SUNWAY SUNWAY-WB SUPER SUPERLN SUPERMX SYMPHNY TA-WB TAFI TAHPS TAKASO TAKASO-WA TALAM TALAM-PA TALIWRK-WA TAMCORP TANJONG TAWIN TCUBES TDEX TECFAST TEKALA TGOFFS TGUAN TIME TIMECOM TIMWELL TMS TOMYPAK TONGHER TOYOCEM TOYOINK TPC TRIPLC TRIUMPL TSRCAP TSRCAP-WA TWSCORP UAC UBB UCHITEC UDSCAP UEMBLDR UEMWRLD UKB UMLAND UMS UMSNGB UNISEM UOAREIT UPA UTUSAN VINTAGE VIS VITROX VIZTEL VS WEIDA WIJAYA WILLOW WOODLAN WWCABLE XIANLNG YAHORNG YECHIU YHS YIKON YILAI YLI YOKO YSPSAH YTLE YTLLAND YTLLAND-PA ZECON ZECON-WA ZELAN

Total: 580

KLCI (25 Jan 2008)

KLCI Weekly Chart

Long shadow hammer gives hope for the continuation of uptrend. But MACD and stochastic is pointing down. I will bet that it is going up. Why? It's election year and foreign funds are in. Do you notice the increase in BNM international reserves. Furthermore, blue chips are highly traded. Let's hope that my bet is correct.

Hongkong & Shanghai

HSI Weekly Chart

Very long shadow candle. That could mean that the correction is over. Monthly chart still shows that the bulls are in control. Another weekly white candle should confirm the bottom of 21700. Does that mean that it is going for an Olympic rally? Will it be a marathon or a sprint? I'm stalking for possible trades. The problem is that many CW are deep out of the money. So have to wait for the next batch of new CW with lower exercise price.

HSCE Weekly Chart

A very long shadow doji. Another weekly white candle will be nice. No monthly chart reading because it is launch only in Dec 2006.

SSEC Weekly Chart

No reversal sign. The selling pressure is still strong. Why? Releasing funds for the cheaper Hongkong? Maybe the story will change by the end of week.

Weekly B&B Counters (25 Jan 08)

The following are bullish counters filtered using my weekly criteria for the week ending 25 Jan 2008:
AASIA AEON AIKBEE AJI ANNJOO ARREIT ASIABRN ASIABRN-WA ASIATIC ATIS ATURMJU AUTOAIR BAT BERNAS BERTAM BINAIK BJCORP BJCORP-LC BJLAND BJLAND-LB BJTOTO BKAWAN BLDPLNT BSDREIT CCMDBIO CEPAT CHINTEK CNLT DELLOYD DFZ-PB DISCOMP DKLS DLADY DUTALND-LB EDARAN EKIB ETITECH FAJAR FAREAST FCW FCW-WA FUTUTEC GAMUDA GCE GCORP GNEALY HIGHTEC HINGYAP HUMEIND HWGB HYTEXIN ICP IJMPLNT INIX IOICORP IRCB JAYCORP JOBST JOHAN K1-WA KENMARK KHIND KLK KLUANG KMLOONG KMLOONG-WA KNM KPS KULIM KULIM-WB KURNIA KWANTAS LBICAP LFECORP LPI MAGNA MAGNA-WA MAGNUM MAHSING MASTEEL MAYBANK MBFHLDG MBFHLDG-WA MFLOUR MHC MMCCORP MMSV MNC MRCB MUDAJYA MWE NAKA NCB NESTLE NPC NSOP OCTAGON-WA PACMAS PADINI PAOS PBBANK PCCS PERISAI PICORP POHKONG POHUAT POHUAT-WA POLY PORTRAD PPB PTB RAMUNIA RAMUNIA-PA RAMUNIA-WA RAPID REDTONE RSAWIT RVIEW SAB SBCCORP SERSOL SHANG SIME SOP SOP-WA SSTEEL SSTEEL-LA TASEK TDM THPLANT TM TMCLIFE TSH UBG UMCCA UNICO UTDPLT WARISAN WASEONG WCT WCTLAND YEELEE YNHPROP YONGTAI YTLCMT ZA-OSKSB

Total: 146

The following are bearish counters filtered using my weekly criteria for the week ending 25 Jan 2008:
ABRIC ABRIC-WA ACOSTEC ADVENTA ADVPKG AFFIN AFFIN-WC AHEALTH AHP AIRASIA AIRB AIRPORT AJIYA AKN ALAQAR ALCOM AMDB AMFIRST AMMB AMMB-WB ANCOM ANCOM-WA APB APLAND APLI APOLLO ASAS ASB ASB-WA ASDION ASIAPAC ASUPREM ATRIUM AUTOAIR-WA AVENTUR AWC AXREIT BAHVEST BANENG BASWELL BCB BCTTECH BDB BGYEAR BIG BIG-WA BIMB BINTAI BIPORT BKOON BOLTON BOXPAK BPURI BRDB BREM BSDPROP BTECH BTM CAMERLN CAMRES CANONE CARLAW CARLSBG CAROTEC CCB CENBOND CFM CHANG CHASE CHASE-WA CHUAN CICB CIMA CMSB CNASIA COASTAL COMINTL COMPUGT CONNECT CRESNDO CSCENIC CVIEW CYL D&O DAIBOCI DAIMAN DAYA DBE DELEUM DENKO-WA DGATE DIALOG DIGISTA DIGISTA-WA DKSH DNP DOLMITE DOMINAN DPS DRBHCOM DUTALND DUTALND-WA DXN EBWORX ECM ECOFIRS EDEN EDEN-WA EFFICEN EFORCE EG-LA EKOVEST EKOVEST-WA EKOWOOD ELSOFT EMICO-WA EMIVEST ENGKAH ENGLOTC ENGTEX EONCAP EPIC EPMB EPMB-PA EPMB-PB EQUINE ESSO ESTETIC EUPE EUROSP EVERGRN EXTOL FABER FACBIND FARLIM FARMBES FAVCO FBO FFHB FIAMMA FITTERS FLONIC FOCAL FPI FREIGHT FRONTKN FSBM FURNWEB GADANG GBRIDGE GCE-WA GEFUNG GENTING GESHEN GFB-WB GHLSYS GKENT GLOBALC GLOSOFT GLOSOFT-WA GMUTUAL GOLDIS GOODWAY GOPENG GPERAK-NA GPHAROS GPRO GRANFLO GREENYB GSB GTRONIC GUANCHG GUH GUNUNG GUNUNG-WA GUOCO HAISAN HAPSENG HARBOUR HARISON HARNLEN-WA HDBS HEKTAR HEXAGON HEXZA HICITY HIL HLCAP HLFG HOHUP HOOVER HOVID HPI HSL HUAYANG HUBLINE HUNZA HUNZPTY HUNZPTY-WA HWATAI-WA ICBC-C1 IDAMAN IDAMAN-LB IE ILB INCKEN INGENS INGRESS INSAS-LA INTEGRA IOIPROP IPOWER IQGROUP IREKA IRIS-PA IRIS-WA IRMGRP ISS ITRONIC JADI JAVA JAVA-WA JERASIA JETSON-LA JLAND JMI JOHOTIN JPK KAF KAMDAR KAMDAR-LA KANNAL KASSETS KAWAN KBES KBUNAI KELADI KEN KENANGA KENCANA KEURO KEYWEST KFC KFIMA KHEESAN KHSB KIMBLE KIMBLE-WA KKB KOMARK KOMARK-WA KOSMO KOTRA KPJ KPSCB KRAMAT KSL KUB KUCHAI KURASIA L&G LATEXX LAYHONG LBALUM LBALUM-WA LBS LCHEONG-WA LCTH LDAUN LEESK LEWEKO LIENHOE LINEAR LIONCOR LIONCOR-WA LIONFIB LIPO LIQUA LIQUA-WA LITRAK LPF LUSTER LYSAGHT M3NERGY M3TECH MAA MAEMODE-WA MAHJAYA MAICA MALTON MANULFE MAS MAXBIZ MAXTRAL MAYBULK MAYPAK MBMR MBSB MCMTECH MECHMAR MEDAINC MEDIA MEDIA-LA MEDIA-WA MELEWAR MELEWAR-WA MEMS MENANG MENTIGA MERCES MERGE METACOR METECH METROD METROK MEXTER MFCB MIECO MIECO-WA MIKRO MINETEC MINHO MINPLY MISC MISC-O1 MITHRIL MITRA MKLAND MLAB MMM MMM-WB MMODE MMOSAIC MNRB MOBIF MQTECH MSC MTDACPI MTDINFR MTEAM MTRONIC MUDA MUIPROP MULPHAL MULPHAL-WA MULTICO MUTIARA MYCRON N2N NAIM NAMFATT NARRA NATWIDE NEXNEWS-PA NEXNEWS-WA NGIUKEE NGIUKEE-WA NHFATT NIHSIN NIKKO NSTP NWP NYLEX OCB OCTAGON OFI OGAWA OILCORP OKA OLYMPIA OLYMPIA-WA ONASTEL ONLINE OPCOM ORIENT ORNA OSK OSK-WB OSKPROP OSKPROP-WA OSKVI P&O PALETTE PANTECH PARAMON PASDEC PBA PDZ PECD PELIKAN PENSONI PENSONI-WA PENTA PERMAJU PERSTIM PETDAG PETGAS PETRA PETROCH-C1 PHARMA PILECON PJDEV PJDEV-WB PLENITU PMCORP PMETAL PMETAL-WB PMIND PNEPCB POLYTWR POS PPHB PRDUREN PREMIUM PRESTAR PRKCORP PRLEXUS PRTASCO PSIPTEK PSPRING PTARAS PUC QUALITY RALCO RALCO-WA RANHILL RCECAP RCI RHBCAP RHYTHM-WA SAAG SALCON SAMUDRA SAPCRES SAPCRES-WA SAPIND SAPRES SARAWAK SATANG SAUJANA SCIENTX SCOMI SCOMIMR SCOPE SDRED SEACERA SEAL SEEHUP SEG SERNKOU SHH SHL SINORA SJC SKPRES SMI SMI-LA SMISCOR SMPC-WA SMRTECH SPK SRIDGE SRII STEMLFE SUCCESS SUIWAH SUNCITY SUNINFR-WA SUNRISE SUPER SUPERLN SUPERMX SYMPHNY TA-WB TAFI TAHPS TAKASO TAKASO-WA TALIWRK-WA TAMCORP TANCO-WA TANJONG TAWIN TCUBES TDEX TECFAST TEKALA TGOFFS TGUAN TIME TIMECOM TIMWELL TMS TONGHER TOYOCEM TOYOINK TPC TRIPLC TRIUMPL TSRCAP TSRCAP-WA TSTORE TWSCORP UAC UCHITEC UDSCAP UMLAND UMS UNISEM UOAREIT UPA VINTAGE VIS VITROX VIZTEL VS WANGZNG WEIDA WELLI WIDETEC WIDETEC-WA WIJAYA WILLOW WONG WOODLAN WWCABLE XIANLNG YAHORNG YECHIU YGL YHS YIKON YILAI YINSON YLI YOKO YOKO-WA YSPSAH YTLE YTLLAND YTLLAND-PA ZECON ZECON-WA ZELAN

Total: 544

Around the World in 80 seconds

Losses from one trade must be covered with profit from another. One selling leads to another, and the world sells together.

Looking at the monthly chart, there are still pockets of bulls here and there:
S&P 500: Bear
FTSE: Bear
DAX: Bear
Bovespa: Bull under correction.
Nikkei: Bear
Kospi: Going into bear.
Sensex: Bull under correction.
SSEC: Bull under correction.
HSI: Bull under severe correction which may turn into bear
KLCI: Bull under correction.

Where Are Thou, My Gomen?

Boy oh boy. Hopefully today is the final panic selling. Losers just overwhelm winners 10 to 1. Hopefully, you see big headlines in the major newspaper tomorrow. Then you know the selling may halt temporary. Any rebound is a good time to get out of the weak stocks first, then the stronger one. Looking on the other side of the coin, this could be a very profitable play for a rebound.

KLCI technicals reinforce the bearish divergence in the weekly chart. Are we going into the next 5 years of bear year. When will the authorities approve the issuing of put warrants?

Anyway, what's the probability of HSI and SSEC diving another 5% everyday for the rest of the week? If it happens, this is the black swan that kill the long-only fund while benefiting the hedge funds.

Where is the invincible hand, gomen?

KLCI

KLCI Weekly Chart

I was expecting a mild correction. But it was not to be. Long term trend is still up but RSI uptrend broken! A bad omen of things to come. I always used long term signals to enter, so it's natural to be caught like this. Sigh...profit vanish again.

Weekly B&B Counters (18 Jan 2008)

The following are bullish counters filtered using my weekly criteria for the week ending 18 Jan 2008:
AASIA AEON AFG AIKBEE AJI ANALABS ANNJOO APM ARREIT ASIABRN ASIATIC ATIS ATURMJU AUTOAIR BAT BERTAM BINAIK BJCORP BJCORP-LC BJLAND BJLAND-LB BJTOTO BKAWAN BLDPLNT BREM-WA BSDREIT BURSA CBIP CBSTECH CCMDBIO CEPAT CHEEWAH CHINTEK COMMERZ CONNECT CRESBLD CRESBLD-WA DELLOYD DFZ-PB DFZ-PC DISTECH DKLS DLADY DUTALND-LB DVM E&O-WA EDARAN EKIB ETITECH EURO F&N FABER FAJAR FAREAST FCW FCW-WA FIMACOR FUTUTEC GAMUDA GCE GCORP GNEALY GUANCHG HIAPTEK HIGHTEC HINGYAP HIRO HUMEIND HWGB HYTEXIN ICAP ICP IJM IJM-WB IJMPLNT INIX INSAS IOICORP IRCB JAYCORP JETSON-WA JMR JOBST JOHAN KASSETS-WA KHIND KINSTEL KINSTEL-WA KLK KLUANG KMLOONG KMLOONG-WA KNM KRETAM KRETAM-LA KRETAM-WA KSENG KULIM KULIM-WB KURNIA KWANTAS LBICAP LCHEONG LFECORP LIONIND LMCEMNT LPI MAEMODE-WA MAGNA MAGNA-WA MAGNUM MAHSING MAHSING-WA MALPAC MASTEEL MATRIX MAYBANK MBFHLDG MBFHLDG-WA MELATI MFLOUR MHC MHOUSE MITHRIL-LA MMCCORP MODULAR MPCORP MPHB MRCB MTD MTDACPI MUDA MUDAJYA MWE NAKA NCB NESTLE NPC NSOP NVMULTI OCNCASH OCTAGON-WA OPCOM PA PACMAS PADINI PANAMY PBBANK PERISAI PICORP PIE PLB POHKONG POHUAT POHUAT-WA POLY PORTRAD PPB PTB PTGTIN PTGTIN-WA PWE RAMUNIA RAMUNIA-PA RAMUNIA-WA REDTONE RESORTS RSAWIT RVIEW SAB SBAGAN SCIB-WA SCOMIEN SERSOL SHANG SIME SOP SOP-WA SSTEEL SSTEEL-LA STAR SUNCRN SYF-WA TAMADAM TANAMAS TANJONG TDM TECGUAN TENAGA-LA THGROUP THPLANT TM TMCLIFE TOMEI TRACOMA TRC TRC-WA TSH TSM TWS TWSPLNT UBG UDSCAP-WA UEMWRLD UMCCA UNICO UNIMECH UTDPLT UTUSAN VITROX WARISAN WCT WCTLAND WCTLAND-LA YNHPROP YONGTAI YTLCMT YTLCMT-LA YTLPOWR YTLPOWR-WA YUNKONG

Total: 221

The following are bearish counters filtered using my weekly criteria for the week ending 18 Jan 2008:
ABFMY1 ABRIC ABRIC-WA ACOSTEC ADVENTA ADVPKG AHEALTH AHP AIRASIA AKN ALAQAR ALCOM AMDB AMFIRST AMMB AMMB-WB AMTEK ANCOM ANCOM-WA APB APLAND APLI APOLLO ARK ASAS ASB ASB-WA ASDION ASIAPAC ASUPREM ATRIUM AUTOAIR-WA AVENTUR AWC BAHVEST BANENG BASWELL BCB BCTTECH BDB BGYEAR BIG BIG-WA BIMB BINTAI BIPORT BKOON BOLTON BOXPAK BRDB BRIGHT BSDPROP BTM CAMERLN CANONE CARLAW CARLSBG CAROTEC CCB CFM CHANG CHASE CHASE-WA CHUAN CICB CIMA CMSB CNASIA COASTAL COMINTL COMMERZ-LA COMPUGT CRESNDO CSCENIC CYL D&O DAIBOCI DAIMAN DBE DEGEM DELEUM DENKO-WA DGATE DIGISTA DIGISTA-WA DKSH DNP DOMINAN DPS DRBHCOM DUTALND DUTALND-WA DXN EBWORX ECOFIRS ECOFIRS-WB EDEN EDEN-WA EFFICEN EFORCE EFUTURE EG-WB EKOWOOD ELSOFT EMICO-WA EMIVEST ENGKAH ENGLOTC ENGTEX EONCAP EPIC EPMB EQUINE-LA ESCERAM ESSO ESTETIC EUPE EUROSP EVERGRN EXTOL FACBIND FARLIM FARMBES FAVCO FBO FFHB FIAMMA FITTERS FLONIC FOCUS FPI FRB FRONTKN FSBM FURNWEB GADANG GBRIDGE GCE-WA GEFUNG GENTING GHLSYS GKENT GLOBALC GLOSOFT GLOSOFT-WA GMUTUAL GOLDIS GOODWAY GPHAROS GREENYB GSB GUNUNG GUOCO HAPSENG HARBOUR HARVEST HEXZA HIL HLCAP HLFG HOHUP HOOVER HOVID HSL HSLEONG HUAAN HUAYANG HUBLINE HUNZA HUNZPTY HUNZPTY-WA HWATAI-WA IDAMAN IDAMAN-LB IE ILB INFOTEC INGENS INGRESS INTEGRA IPOWER IQGROUP IREKA IRIS-PA IRIS-WA IRMGRP ISS ITRONIC JADI JAVA JAVA-WA JERASIA JETSON-LA JHM JMI JOHOTIN KAMDAR KAMDAR-LA KAMDAR-WA KANNAL KAWAN KBES KBUNAI KELADI KEN KENANGA KEURO KEYWEST KFC KFIMA KHEESAN KIALIM KIMBLE KIMBLE-WA KIMHIN KOMARK KOMARK-WA KOSMO KOTRA KPSCB KRAMAT KSL KURASIA L&G LATEXX LAYHONG LBALUM-WA LBS LBS-LC LCHEONG-WA LCTH LDAUN LEWEKO LIENHOE LIIHEN LIMAHSN LINEAR LIONCOR-WA LIPO LIQUA LIQUA-WA LITRAK LPF LUSTER LYSAGHT M3NERGY M3TECH MAA MAICA MANULFE MAXBIZ MAXTRAL MAYBULK MAYPAK MBMR MBSB MCMTECH MECHMAR MEDIA MEDIA-LA MEDIA-WA MELEWAR MELEWAR-WA MEMS MENANG MENANG-WA METACOR METECH METROD METROK MEXTER MIECO MIECO-WA MIKRO MINETEC MINHO MINPLY MISC-O1 MITHRIL MITRA MITRA-WB MKLAND MLAB MMM MMODE MNRB MOBIF MQTECH MSC MTEAM MTRONIC MUIPROP MULPHAL MULPHAL-WA MULTICO MUTIARA N2N NAIM NAMFATT NANYANG NARRA NATWIDE NEPLINE NEPLINE-WA NEXNEWS NGIUKEE-WA NHFATT NIHSIN NIKKO NSTP NWP NYLEX OCTAGON OFI OGAWA OIB OILCORP OKA OLYMPIA-WA ONLINE OSK-WB OSKPROP OSKPROP-WA OSKVI PALETTE PANTECH PARAMON PASDEC PAXELNT PDZ PECD PENSONI PENTA PERMAJU PERSTIM PETGAS PHARMA PILECON PJDEV PJDEV-WB PJI PK PLENITU PMBTECH PMCORP PMETAL PMETAL-WB PMIND PNEPCB POS PPG PPHB PRDUREN PREMIUM PRESTAR PRKCORP PRLEXUS PROTON PRTASCO PSPRING PTARAS PWORTH QSR QUALITY RALCO RALCO-WA RANHILL RCECAP RHYTHM-LA RHYTHM-WA RPB SAMUDRA SAPCRES-WA SAPIND SAPRES SATANG SAUJANA SCIENTX SCOMIMR SCOPE SDRED SEAL SEEHUP SERNKOU SHH SHL SINORA SKPRES SMI SMISCOR SMPC SMPC-WA SPK SPRITZR SRIDGE SRII STAREIT STEMLFE STSTEC SUCCESS SUIWAH SUNCITY SUNRISE SUPERLN SUPERMX TAFI TAHPS TAKASO TAKASO-WA TAMADAM-WA TAMCORP TANCO-WA TAWIN TCUBES TDEX TECFAST TEKALA TEKSENG TGOFFS TGOFFS-WA TGUAN TIENWAH TIMECOM TIMWELL TMS TNLOGIS TONGHER TOYOCEM TOYOINK TPC TRIUMPL TSRCAP TSTORE TWSCORP UAC UCHITEC UEMBLDR UMLAND UMS UMSNGB UNISEM UOAREIT UPA VERSATL VINTAGE VIS VIZTEL WANGZNG WEIDA WELLI WIDETEC WIJAYA WILLOW WONG WOODLAN WWCABLE XIANLNG YECHIU YGL YHS YIKON YILAI YLI YOKO YOKO-WA YTLLAND YTLLAND-PA ZECON ZECON-WA ZELAN

Total: 470

Manipulation

Seems like certain quarters are complaining about the last minute push up or the force pushed of KLCI.

I read at their statements and I want to laugh. Since when the stock market is not manipulated? So what to complain? Jim Cramer has admitted of manipulation. Even the US government manipulate the stock market through their Plunge Protection Team. So what's wrong if our government manipulate the market? The invincible hand has been pushing the index since Christmas.

Trading in stocks always comes with a certain risk. We need to always beware of the big crocodiles. They manipulate the price, the volume and the news. They play with your emotion. That's why it is never easy to make money.

So either you dance along with them or you just sit at the sideline watching. It's ok to highlight the manipulative dangers to the young and innocent, but don't make it a political issue or complaint Aiyoh, politicians themselves are equally manipulative. But they act as if they are holier than thou. My point is manipulative push up or push down are all natural actions in a stock market.

My current reading of the KLCI:
Correction has set in (obvious statement). If uptrend to continue, the correction should not fall below around 1480. That's all I can interpret from the chart. It's it all over? It's only 2 days action, I can't conclude from just two days of data. One thing for sure, I don't see any euphoric volume yet (because many retailers are aware of the manipulation?).

Well, if the Ringgit continue to strengthen against the US dollar, I guess the foreigners will buy more of our stock. I'm still concentrating on the blue chips counters. If they want to manipulate, then it is easier to buy the largest weighting KLCI component to push up. Furthermore, foreigners will only buy large liquid stocks.

Some of by holdings have good buffer, some have gone back to square one. Some are near my stop loss. I will stay aside for now until the selling pressure subsides. When? I hope soon.