Thursday, April 12, 2007

ECM - BUY!!!



Ladies and gentlemen, after reviewing the KLCI and tracking it seriously, i conclude that the bull run will persist for quite some time. The 50%-%50 bull-bear on heavy volume distribution turn out to be a bull run. KLCI is now hovering at psychological level of 1300 when many retailers, are thinking that it is too high. Partly, because too many factors that they think, or perceive as "dangerous" such as oil crisis, terrorism, election fund raising, prevent them from speculating confidently. However, after some detail study on the market, i found that these issues are indeed already been taken into account by most of the fund management company. They already factor in the risk into the market, else we are now already at 1350. Should the US goes into recession, we could be impacted, but by not much, because these "dangerous" issues are already been factored into the current prices. Market is almost efficient, we have to admit that. Today, i will introduce another finance stock, a money losing for some quarters last year, ECM! I believe it is a turnaround play and possible foreigner acquire target speculation. Based on charting, the price to volume reaction is positive and the stock just break the resistance line. Should there be no unexpected bad news, we shall see ECM at RM1.50 in near future.

1 comment:

Unknown said...

Their Standard reply - "You buy, sell or hold at your own risk absolutely."
Then the say "Never blame others for your own action."

I still caution everyone

BEWARE _ BE CAREFUL _ YOU MAY THINK THE INFORMATION HERE IS INFORMATIVE AND CAN MAKE YOU MONEY _ DON'T.

MANY SUCH BLOGS HAVE MADE PEOPLE POORER>
MAXFORCE - AND BURSAMASTER - THE SAME. READ THEIR CALLS IN BURSAMASTER's BLOG.

THEY CALL FOR A BUY AFTER THEY HAVE BOUGHT SO THAT YOU CAN HELP TO PUSH UP THE PRICE FOR THEM> THEY HARDLY EVER TELL YOU WHEN TO SELL UNLESS THEY WANT YOU TO SELL BACK TO THEM AT LOW PRICES > DO YOU KNOW WHY? BECAUSE WHILE YOU ARE BUYING THEY ARE SELLING> AFTER THAT WHEN PRICE COMES DOWN< THEY SAID MARKET CORRECTION-HEALTHY OR "OPERATOR" COLLECTING AND THE PUSH WILL COME SOON>

TYPICAL TRICKS.


SO BE CAREFUL BE WARY OF MAXFORCE