Regional green...bursa red!

haha..wanna see proofs how syndicate manipulate stocks?...just see today's close...our neigbouring Asian bourses closed red...bursa also closed red....but funny..today other bourses closed green...bursa decided to closed in red...haha...what a joke...

one more..this morning tertengok 1 funny trade....KKB...haha...since open 9a.m trade just around price range 2.06 to 2.07...11.18am at 2.06...suddenly next trade at 11.20am...one joker jumped buy queue....that fella bought 3427 mini lot...aka 342,700 unit (342 big lot) at...rm2.50 per unit!!! crazy!!! tak kan salah tekan order kot?!....cuba kira brapa nilai transanction?...lebih drpd rm856k...in one go....jump drpd 2.06 ke 2.50....perghh!!! lompat 44 sen...tp lepas tu..trade gradually turun balik till closed at 2.08...

mgkin kah...this is insider trading?....somebody who know something good is waiting around the corner?...or...look at KKB chart ari ni....you'll see...a long inverted white hammer!...kesan ke atas TA...

1. broke resistance at 2.24 ~>bullish
2. MACD...forming round bottom ~> bullish
3. MACD line...blue line reversing up...~>bullish
4. ADIX...+DI pointing north...-DI pointing south....possible new uptrend ~> bullish

....haha..dont misjudge me...i do have KKB...so if price climb afterwards...me untung too...this is just to drive a point....any stocks is opened to syndicate manipulation...it's just so happen that KKB has fundamental strength...KKB price currently at future PE of only 4.89...with minimum tgt eps at 5 sen (discounted for 4qtr FY2010, due in feb 2011)...KKB has Fair value of rm4.29...heck, give further discount to a TP of 3.oo...watdayaget? at current price of 2.08...still got room almost rm1.00..or upside of 50%...simple math... perhaps, KKB just needs some electric jolts to push it up....

which brings us to driving the main point....sometimes, manipulation is good...at other times, manipulation is destructively misleading...most importantly, every Dick, Tom and Harry knows...that our bursa malaysia is being manipulated...so why do we still stubbonly stay invested in bursa?...simple: high risk equals to high gain...otherwise, we have to park our money in FD or ASB...

enjoy this weekend...