Monday, September 28, 2015

MYR weakening further

Monday morning .... KLCI red. Still hazy ... schools in Selangor closed today.



1USD hitting MYR4.40 zzzz ... what sectors are moving?

Besides the over-played furniture stocks (I traded Evergreen, Hevea, Sign, Homeriz) ... glove/rubber sector are in play too. I recommended Kossan and Wellcall to buy at dip and hold. Today ...both going to breakout into new high soon. Last Friday, I took Harta (treasure, in Malay).


Breakout from RM4.50 ... so, I took at RM4.50 level. Hold till reversal candle-stick and sell(again).

Nothing much to trade except short-terms ... earn some peanuts and dinners.

GenM : Bought at 3.86 and sold 3.93 moments ago ... for a burger kaw-kaw lunch. Then, I changed to CIMB ... now about at 4.55 ... perhaps selling above 4.60 if rebound.

KLCI is red ... a bad SEPT month.

Time to rest ... and read books.

TEH

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