Insas, UOADEV...

http://www.theedgemalaysia.com/index.php?option=com_content&task=view&id=282683&Itemid=77

Resteting the spike highs

Cahill: It's the end of an era | FourFourTwo

http://www.fourfourtwo.com/au/news/cahill-its-end-era

ESPNFC: Soccer Gamecast: Man Utd vs Man City

http://m.espn.go.com/soccer/gamecast?gameId=367232

Insas Bhd, Consolation turns into an avalanche....

In a football match, when you are down 3-1, this could count for a second consolation goal...

"When the majority are bearish, there is cause for the market to rise"

KGB, breaking out...

Can a dead horse come back to life?

Stanley Kroll, on what makes a winner or a loser,

"Analyse your markets and lay out your strategy and tactical moves in advance, and in privacy. Don't ask anyone's advice, and that includes' brokerage advisories, tips and even well-intentioned market gossip. And, don't offer your advice to anyone else. You shouldn't care if Shearson is buying ABC or if Salomon is selling XYZ. You should stick to your objective analysis and market projection based on whichever method or technique has proven viable for you; and you should revise that strategy only on the basis of pragmatic and objective technical evidence. Such evidence could be a signal from your chart analysis, your computer system or from the margin department, which reminds you that your position has moved adversely and that your account has become undermargined."

One of the trader next door is incessantly asking his trader friend his 'opinion of the market direction and where to buy or sell', while another trader is always blaming the system for being slow/delayed in the quotes due to the 'algos' jamming the system and targeting the traders.

Human nature is such that when things don't go right, the trader blames everyting except himself. He/she should be accountable for their own actions, otherwise that is a terrible way to live. When your strategies/tactics don't work out, stand up and be accountable to yourself. You will enjoy life better...

Risk sentiment improves after Putin speech By Investing.com

http://www.investing.com/news/economy-news/risk-sentiment-improves-after-putin-speech-272639

Daily FBM KLCI, downward bias?

Jakarta Stock Exchange Coposite

And this was the market that a few months ago, the majority were talking armageddon.

"When the market turns, the majority are looking the other way"

S & P 500.... When the market turns, the majority are looking the other way!

Was asked by one of the traders last Saturday on whether it was true that All who join as locals make BIG money. He cited one exchange employee pointing to one local participant saying, "That guy makes RM100k per month..."

The answer is yes and no. Yes, maybe out of 100 traders 5 may make extraordinary profits, due to their high risk taking. No, as out of the 100 traders 85 will lose all their money eventually, while 10 might make a living. These statistics are proven over a century, in terms of traders probability of success in leveraged futures markets.

You cannot blame the exchange employee, as that is his job, to market their product offerings.

ESPNFC: Soccer Gamecast: Hull vs Man City

http://m.espn.go.com/soccer/gamecast?gameId=367214

Formula 1 season starts

The stellar performers...

Air Pollution in Malaysia: Real-time Air Quality Index Visual Map

http://aqicn.org/map/malaysia/

Gaps up on opening...

POS and AIRPORT. Market prices do not go up forever...

Filling yesterday's gap...

5 min fcpo, divergence??

KGB

Investing in the stock market is something else. Most of the time it's plodding along picking up quality stocks with good earnings potential and collecting dividends. This is when the psychotic Mr Market gets extremely depressed and gives low prices to buy.

But every once in a while,even when one is not too bullish on the stock market the Mr Market throws up a pleasant surprise....

One must understand the market that one is involved in. The FKLI futures market is a thin, not well participated market with only the few locals, a few retail customers and a big manipulator, JP Morgan?? Kenanga?? playing. 

Case in point today, they artificially mark up the cash KLC at the close to 1828.55, up about 6 points. This after spending the whole day in negative territory. And the thing about this market is the players are always adamant to sell down the futures after 5:00 pm, due to their bias on the market going down faster than goes up.

Is this insight into this market useful for anyone treading their toes into this crocodile infested market. I hope my insight makes it useful... 

This morning theoretical opening price was pumped down to 1790. Every morning it seems the locals or some big trader is using big 'fake' orders (non bona fide orders with no intention to trade) to 'test' the market for stops. This is actually creating false and misleading market activity. I wonder why the trade surveillance is not clamping down on this sort of activity.

Anyway now that they created the 'watch out below' mentality on the market players, they now pump the price up, having caught some shorts (who expect the stop to be triggered)

So, to fill the gap up there? Time will tell.

The Soybean complex