Here’s another pattern to take note.
In bull markets higher prices are supported by higher volume, as is the case for the KLSE lately. This can go on for sometime. But since nothing travels in a straight line forever, we have to be vigilant for when things start to turn. But how do we know? One [...]
Archive for the 'KLSE Views' Category
Here’s a pretty good construction of the KLSE story from late last year to next year which describes which counters are behaving the way they do and why. It’s interesting reading and provides simple themes to grasp. But be careful because (altogether now) “we are not economists but traders!”. That means that the ultimate source [...]
I’m getting a lot of press this week about how the mood on KLSE street is still ‘cautious’ - a sentiment which can’t have been helped by our CEO of Bursa Malaysia’s berating of everyone being so negative (which you can read here). However, I can still detect some stirrings in the market which are [...]
There's a lot in the blogosphere about why things are going down and which things are going down, but not a lot on when this is all going to end. My motto is that when things get bad, they tend to get worse worse worse. That is what I call the "House of Pain". At [...]
In LOTR:The Two Towers, King Theoden leads his people into Helms Deep to face Saruman's forces and to protect his people. On nightfall, Saruman's forces arrive and try to scale its walls with all kinds of siege devices. Then they try to break through its doors but had a hard time because of Legolas and [...]
In order to encourage more comment and debate I have decided to include my portfolio in the sidebar!
As you can see, I am currently 100% in cash. This is because I'm still looking for good entry points on the stocks I follow on my watchlist and also because my TA indicators are turning south. I [...]