Sunday, August 5, 2007
^V^Oilcorp Contra Done ! Profit 880+ ^V^
^V^
Sold 31 lots of Oilcorp @ 1.56 this morning n bought back at 1.53 ^V^
Profit RM880+, will play around d range to make some week end pocket money ^V^
Look at DPS, look at its volume,only 46 lots done with buyers more than sellers in order queue, this show that there is no panic selling in this counter, She only incurred a little drop despite d 80 over points plunged by KLSE from 1,385 to 1,305 ^V^
KLSE is heading to 1,300, can KLSE sustains above 1,300 ? my mom is a female theory " saying it is very much depends on DOW , if DOW tumble another 100 over points tonight, Mr KLSE, see u at 1,280 2molo ^V^
Conclusion, SHORT TERM bearish is imminent,due to Merdeka n election factors, i believed there still lot of opportunities buy n value picks after this correction, as for me, i will not catch d falling knife for d time being until i see much clearer picture from regional mkt esp DOW JONES ^V^
Happy Trading in bearish mkt ^V^
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