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Monday, September 26, 2011
rumours news and views 26/9
KLCI open 1357.74 down 8.20pts low now 1326.94 down 39pts,whole morning have been drifting down.
Nikkei-down 164pts
HangSeng-down 316pts
Straits-45pts
Gold also down,reason hedge funds selling to cover withdrawals.Basically l think is the only item they are holding with a profit.
I was wrong about the KLCI opening,it gap down.CIMB sold @ 673 with a loss,do not go against the trend,highest done was 674,the supply was there so i give to the buyer.Finance stock is being hit today,it is like a roller ball effect, are we going to experience an avalanche?At this point,i am not holding any stock,only can look see look see.I am going to feel bore again in the coming days,thinking of trading futures.Am I moving in the right direction.
Nikkei-down 164pts
HangSeng-down 316pts
Straits-45pts
Gold also down,reason hedge funds selling to cover withdrawals.Basically l think is the only item they are holding with a profit.
I was wrong about the KLCI opening,it gap down.CIMB sold @ 673 with a loss,do not go against the trend,highest done was 674,the supply was there so i give to the buyer.Finance stock is being hit today,it is like a roller ball effect, are we going to experience an avalanche?At this point,i am not holding any stock,only can look see look see.I am going to feel bore again in the coming days,thinking of trading futures.Am I moving in the right direction.
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