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Tuesday, September 13, 2011

thats what HE said

rumours news and views 13/9

DJ closed 11061.12 up 68.99pts SnP closed 1162.27 up 8.04pts
KLCI open 1450.09 up 3.83pts high 1452.15 up 5.89pts low 1446.63 up 0.37pts creeping slowly up to the high level, will it break the morning high ??? DJ trades in a volatile fashion last nite,looks like shorties are covering their position.There was a stream of good news,right up to the last hour,rumours that china may extend help to Italy's problem.
As for our local front,market is soft,big time players are marking around,not much of a direction.There is no trend can only follow along with news, rumours and so froth.Stayed side line yesterday,today only looking @ ramunia n johotin,
From the look of the market looks like foreign is sellers,low 1446.11 down0.15pts marginal no doubt closed 1448 up 1.74pts only Euro n futures down, how will DJ play out????
Ramunia not moving,just wonder what's the outcome of today's EGM? As for Johotin,very low vol.

klci biz 12/9

Foreign nett sellers,surprisingly retailers are buying quite an amount 30% in a down market.The question is are this buyers,punters, aunties n uncles or syndicates.