Bursa...glimmer of hope?

on wednesday morning (2 feb 2011)...the reddest day since peak..i've taken some measure to protect profit...

_________AVP______SOLD_________CALL
1. DRB..........1.718.............1.83......................Protect Profit (2nd round)
2. KKB..........2.01..............2.06.....................Protect Profit (2nd round)
3. TWS..........7.74.............8.08.......................Protect Profit


and...re-accumulate on thursday...

1. DRB......AVP1.74

i think...tomoro and next week will be a good week to accumulate fundamental stocks at a good discount...

but need to be careful...as bearish sentiment still around....

my 2011 portfolio of rm97K...now at RM98K...realised gain in january is down to rm1K...staring unrealised paper loss of rm3.5K....invested capital at rm44K and now cash at hand at RM54K...

DRBHicom...on downtrend...

Yesterday was a lucky escape...during morning session at around 11 am...throw DRB at 1.83 (the last 8 big lot) ...reason being sensed negative sentiment plus DRB broke support at 1.90...

good news...fundamental still intact...so can re-start accumulate once solid base is formed later...

now, rm1.90 becomes the resistance..while support is as low as rm1.34...i'm thinking that area between 1.70 down to 1.50 is good area to start accumulate slowly...