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Finally,they decide to wake up for my 1 counter..otherwise no$$$ for them..as market down.
Talk about CLOB...make my blood boils.
Today i think market is sleeping..so are the BB..those counter they are suppose to push not pushing..
Jerry, 2 reasons why KLSE is not so affected (but sometimes still affected) are 1, very difficult for foreign to play as there is currency control, 2nd, election coming.
geez...thanks for tt swift explaination...at the moment can see the Shanghai Composite turning red to green
cyjjerry, two words: closed market.
KLSE isn't so easily tradeable; quite a lot of rules for foreigners--don't kwno the exact details. plus, currency limit on what you can bring out. so funds don't like to play bursa malaysia cos you need to keep the $ inthe country for a lock in period. not worth for traders. plus, they have a history of just changing the rules (remember CLOB?); so bad rep amongst funds.
u noe...i have always pondered over something for a very long time...why is it tt most of the time the DOW is affected...most of Asia will be affected except for a 1 particular country who goes against the trend in the sea of red...noticed quite a few times already...Malaysia's KLSE...anyone can explain tt?
| ^AORD | All Ordinaries | Australia | 6,243.800 10:30AM SGT |  141.600 (2.22%) | Components, More |
| ^SSEC | Shanghai Composite | China | 5,361.53 10:00AM SGT | 0.044 (0.00%) | Components, More |
| ^HSI | Hang Seng | Hong Kong | 26,904.52 10:15AM SGT | 615.17 (2.24%) | Components, More |
| ^BSESN | BSE 30 | India | 20,686.89 Jan 4 | 0.00 (0.00%) | More |
| ^JKSE | Jakarta Composite | Indonesia | 2,737.5581 10:30AM SGT | 27.6318 (1.00%) | Components, More |
| ^KLSE | KLSE Composite | Malaysia | 1,466.67 Jan 4 |  31.29 (2.18%) | Components, More |
| ^N225 | Nikkei 225 | Japan | 14,544.12 10:00AM SGT | 147.29 (1.00%) | More |
| ^NZ50 | NZX 50 | New Zealand | 3,959.738 10:06AM SGT | 51.084 (1.27%) | Components, More |
| ^STI | Straits Times | Singapore | 3,357.01 10:30AM SGT | 80.78 (2.35%) | Components, More |
| ^KS11 | Seoul Composite | South Korea | 1,828.8 10:30AM SGT | 35.1 (1.88%) | Components, More |
| ^TWII | Taiwan Weighted | Taiwan | 7,948.21 10:30AM SGT | 272.89 (3.32%) | More |
may be a better idea not to jump in yet. europe opens in the afternoon; likely to drag sti down further as the managers from there sell asia. plus, dow futures are starting to dip.
drop today shd be ~100 pts by my count.
i really really wonder if we will be hitting the 3300 mark this week...seems likely at the moment
When the screen all red, it's buying time, saying goes buy on weakness ,sell on strength .....S'pore is a lousy mrkt ,once up means no buying coz dangerous...gd luck
definitely a red dead sea today and probably the rest of the week....
what a disappointment after a fine rebound last friday.
good luck.
I don't even want to look at my trading screen later at 9am..... sure all red
Now just gotta see whether 12710 for DJIA will hold. It was the Aug and Nov correction support levels. It if breaks, we are looking at a lower low already. U can see the chart
here @ my blog.
This may or may not be the right (profitable) thing to do...
Though the
masses seem to be doing exactly this...
any rebound is an opportunity to clear position
Will cut my stocks and UTs positions on monday and close all by next week (if US indexes break their major support). With nasdaq support broken, i have shifted to more bearish bias. maybe will leave some profitable counters open but have to depend on each stock movement next week.
VIX broke the mid of bollinger band and thus give it a bullish touch, hench stock market is bear inclined with watching more on short trade and put options.
DOW managed to stay at 12800pts. Any rebound will be short live and heading south to 12500pts.
Stocks Sink on Jobs Data; Tech Plummets
http://www.freewebs.com/henryhts
Depend on DOW, now testing 12800 support
On Monday, ASX dip, Nikkei fall, STI gap down, HSI drop, STI bleed further to test 3300
Fear is the ruler as bad news continue to pouring in
US Jobless Rate Hits 5 Percent, 2-Year High Fanning Recession Fears. What is STI next move?
http://www.freewebs.com/henryhts
