If you have missed this morning chance to LONG the market (when the high volume red DOJI bar is out), then this is the chance for SHORT. 1060 seems like a strong resistance point. Put your STOP LOSS above 1065 level. Ride your profit. The trend is still a down trend.

Ramunia has suffered the same fate as many big counters today. The sell down stopped at RM1.60. Our STOP LOSS is RM1.86.

Gamuda closed at RM2.78, below our STOP LOSS point of RM2.85. This is mainly due to the sell down of KLCI today. Many other counters like Ramunia also suffered from the same fate. I hope that you have respected your STOP LOSS and taken the necessary steps to closed out the trades when it [...]

Great follow thru of KLOFFE. It closed at 1063 with beautiful downtrend. More bearish market is anticipated in near future, especially when the mini election is coming up and BN is not looking good.

Short position was when the KLOFFE indicate no demand to go up (small up bar with very low volume). The upthrust behind revealed the weakness of the market. Shorted at 1083 and close trade at 1074 as more uncertainties kicked in. More weakness follow after that. It is hard (emotion) but should have hold on [...]