30
Aug
08

KLCI naik 30 points

WTF?! This is crazy. Like a freak of nature.
Is this a bull trap, or is this for real?

I can’t believe it. By noon, it was already up 20+ points. At the end of the day, dah naik 30+ points. I had expected the market to react positively toward Budget 2009, especially so after so much negativity for quite some time. Tak sangka naik so much in anticipation of a so-so budget. Seriously, our bourse is so ‘Malaysia Boleh’. I guess people expect Pak Lah to give out lots of goodies to ampu the rakyat.

Let me hazard a prediction…
KLCI will hold around the same level on Tuesday with lots of profit taking. On Wednesday, drop around 10 points. After that, market behaves as usual.

I bought YTLPOWR-WB at 0.470. Seeing that it naik to 0.525… a bit tak boleh tahan. So I put in my order to sell at 0.555. I d@mn greedy wei. Highest it went was 0.540. If I can sell for 0.555, then can makan Dragon-i, aye? Let’s hope I get to sell it at my greedy price on Tuesday. Then hope it jatuh gila-gila so that I can bottom fish. Nyek nyek nyek!

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