Monday, August 29, 2011

Selamat Hari Raya

Selamat Hari Raya To All My Muslimin Friends.

Wednesday, August 24, 2011

Was It A Good Time To Accumulate ?????

Was it a good time to buy now? That was the question my friends were asking. My advice to them is to stay out for a while because we don't have any clear indicator or signal that allow us to go in. At theses moments if we take a look on how the Dow Jones Industrial Average fares, they seem to be facing some uncertainties. Right now if we ever try to trade, it might be a short lived market so we might be facing more risk than reward (hope I was wrong).

Looking at the Dow Jones Industrial Average chart, we might be having some up and down market sentiments with the current trend showing a downtrend market. Any more sharp drop will be minimal in these few days toward end of August. My current assumption was based on the chart.

If we take a closer look, we might use previous data (happen in 2007) before the financial turmoil that happen in Aug 2008. The meltdown of sub-prime in America. It's all begin during the year of 2007. The chart that I have posted shows that there is a similarity in between the two big blue circles that I have posted on the chart. One happen in 2007 and another one in 2011.

We might take it as guidance for us in our future trade. We cannot assume that it might be following the same pattern but we need something to guide us in order to protect our investment. Basically we know that the Dow Jones Industrial Average is heading towards the downtrend, hence we need to be more careful and alert all the times. Any trade at these moments will be short lived (holding for short period) ...... from my point of views.

Any more sharp drop will be treat as an opportunity to accumulate and during the rebound periods we can unload any of the shares we accumulate. As I use to mention any accumulations will based on the right timing. Not every falls can create an opportunity.

Wednesday, August 17, 2011

Technical Rebound In The Process. When Will It End ????

Technically the FBM-KLCI is in the technical rebound process and it is moving from their lows. Anyone who manage to accumulate during recently sell down will be able to make some handsome gains. The timing was very important and indeed last week was the perfect time to accumulate.

Basically using a technique "Catching A Falling Knife" would eventually comes with not only technical readings but also with the guts and believe that the share market will rebound from recently sell off. I don't know how to explain that senses (share market to rebound), many will disagrees with my senses but because of my 20 years of monitoring the share market movement, I just know that a rebound was just around the corner. I have been using this technique for quite sometime and every time it did brings great opportunity to trade and made some gains out from huge sell down.

At these moments I will consider any accumulation done right now was not the perfect timing. The share market might be experiencing some up and down and we can't really know where they are heading to. Chances of making some gains still there but with limited counters to choose from. Based on the chart maybe the FBM-KLCI might be moving towards 1,530 points before the index facing a big hurdle around those points. Still I will lay off for a while after recently technical rebound. We will have to wait for a clearer indicator appear before any decision can be made.

Friday, August 12, 2011

Technical Rebound Might Be Happening Soon ???

Well yesterday share market performance was actually an opportunity to accumulate some of the shares at cheaper price. Based on yesterday sentiments the share market looks quite strong in their overall performance. No doubts the Dow Jones Industrial Average was down about -500 points, it didn't jeopardized the overall sentiments in the FBM-KLCI.

If we take a closer look on most of the counters traded during the opening session in the morning, most of the counters were down just a little bit only. It shows that the share market might make a turn around anytime soon. The selling pressure is getting lesser. Basically the timing of buying and accumulation was the last two days. It was a perfect moments. Accumulation should be done when the share market was weak. Buying on weakness would be the perfect way to accumulate.

Maybe it was about time that a rebound might be happening in these short terms. Who knows, anything can happen in this share market especially during this kind of uncertainties happened lately in world financial market. If the technical rebounds do take place, it might not be a long run. Just be careful whenever we trade during this uncertainty. This is just one of the my points of view and we cannot treat it as it might happen.

Wednesday, August 10, 2011

Might Be A Trend Reversal ? Time To Buy ?

FBM-KLCI still close around it strongest supporting level of 1,476.00 points. Basically if we examine the chart and the trend, it seems that there might be an indication that the share market is in the process of turning into Trend Reversal.

It seems that yesterday transaction was the turning points that the few days of decline in most of the good quality stock might turn into gains for this coming few days.

Indicator like Japanese Candlestick suggests that the trend reversal is happening. How sure we are on this indicator signal, it would depends on how the world equities market react but most of the time they are always 70 percent to 80 percent accurate.

These two days market transaction we have to use a technique call ""Catching A Falling Knife"". It is not easy to learn but for those who can stand the pressure of it will eventually win this Battle. Basically I will rate this market as a one time opportunity and they seldom appear with sharp drops in few months to come. It might happen again but when was it ???

It is just my points of views and we cannot assume that this article can be treated as accurate. It is just some of my knowledge that I have gather for so many years and I just want to share it with my readers.

Monday, August 8, 2011

Market Crash !!! Can This Level 1,476 Points Hold On For FBM-KLCI ???

It is quite difficult to determine whether this level 1,476 will hold on for the FBM-KLCI as the selling pressure looks quite intensify.

If we take a look on the share market movement today, it was a MARKET CRASH. At these moments monitoring the high quality counters would be the best option. Chances of making some profit from this downturn might arise because most of the good quality counters move down sharply.

I will treat this timing as CATCHING A FALLING KNIFE. "" TIMING "" is very important to determine how good our skill is or how good our profit will be. Just be careful ..... a slight wrong timing would eventually make us lose our chances of making any opportunity arises. Remember "" TIMING "" play a very important role to make a gain from the share market.

Friday, August 5, 2011

World Equities Looks Very Unstable !!! Stay At Sideline !!!

The Dow Jones Industrial Average seems to be moving into a new territory of unpleasant moments for most of the investors around the world with the index have fallen around 1,100 points. Was it an opportunity to buy any shares right now??? Maybe for the U.S equities market but not our Malaysian share market. Right at these moments our share market behaved quite unpredictable with more potential of losing money rather than gaining anything from any trade.

We might make some trading profit from one or two counters we have spotted but we can't stand from the losses that might occur just from one counter alone. Sometimes with only one counter it can wipe out the whole profit that we make and sometimes we even have to pay out more than we gain.

Our share market looks quite dull but because there was on going rumour saying that this year General Election that would probably be held before end of the year. Maybe that is the reason why our share market still look so strong in terms of the price and index movements.

If we check on the recently charts on FBM-KLCI, the index already breaks its strong supporting level. Basically it will looks not nice as the FBM-KLCI have broken that level. The next level of FBM-KLCI might be moving is toward the 1,515.00 points from current 1,547.00 point.

At these moments any trading opportunities arise from current sharp falls will be treat as an opportunity to buy at cheaper price. From my points of views, current sentiment was not a good time to trade. Stay out from the current sentiment would be the best option.

Monday, August 1, 2011

Selamat Berpuasa To All Muslimin Friends.

Selamat Berpuasa Kepada Kawan Kawan Yang Berugama Islam.