US and Euro Drop (about 2.8%)

After the recovery of 3rd quarter of GDP report registered 3.5%. US market had a good rally on Thursday. It could not stand long and continues its rally on Friday. After absorbed the positive news. There is no more hope for investors. They had started worry the positive could not stand it at this level as well as do not give any better result on the coming quarter. They started sell off.

In the event of speculating, that become worst and challenge. Hardly to predict the external issue affected the rally. Because every purchase depend on several issues. Like badly economic report and over purchase in certain market. Speculators must careful external factor impact on internal market. Every good news in country/domestic may erase by heavy adjustment on others countries.

Gpacket in the Malaysia market continues its rally. Every adjustment give an opportunity to buy in and sell it at better price. But it can be last in the coming weeks. On this rally, I had never gain but has been sold everything on the last friday. Now, just a observer.

Penny Stocks Rally

When yesterday night DJ index hit up 199points. Help KLCI open at good but in the evening only gain minor. After 4 days adjustment, that is some good sign on that. So, penny stocks start move wildly and give good return to player.

Holder may scare because last 4 days hit them badly. Maybe holder claimed or blame themselves why never take profit in last friday. So, they won't buy in and may stay away watch these penny stocks rally. So, who is playing?

I guess most of the player are day trader. Because they take profit fast and cut lose also within a day. If you are holder, this morning was a good chance to lock up yours profit.

Better or Worst

No one have good scanner to obtain the accurate prediction on daily move of the shares price in the equity market. I am always wrong. The wrong projection on it did not kill me but bring some hazard in my life.

Recently my immediate boss received a lot of complaint on me. He personally does not happy on that and told me I did such things are trying adopt some inrespect on him. Some how, that was wrong prediction on me. Similar like me predict a share movement. Actually my intention is allow him to select a best worker for him. I do not want to holding such documents as weapon. Surrender out the documents give him a good opportunity make a good decision.

So, in the shares market. You must know to release some stocks in hand. It just give you a new bargain power to select some stocks. If you are always holding some stocks with negative return. Finally you can only someone enjoy the good return and you are sitting behind have some regret and feel sadness.

No more Positive

After DJ closed at down about 119 points on yesterday. Equity market in the world mostly starting their down trend. Malaysia market news now focus to politic and budget 2010. The Malaysia notes stronger and foreign funds bought in equity market not more give any incentive on it.

Now, starting a heavy adjustment on every day until it can obatian some support. Yesterday in Malaysia market GPacket -WA started with good and finally closed at gain 1 cent. So, that is a signal of adjustment on this stock.

The recent hottise penny stocks give everyone a good return but now, most of them under consolidation.

A man who walking on the street could found some valuable things. But is it can absorbed or use it for long period of time. Its hard to estimated. Like, you bought it a valuable stocks at cuurent price with current good status of the company. But that is no guarantee in the future.

DJ better

DJ opened at negative and sucessful stood above yesterday. It was up about 14 points. Malaysia Market still remain negative with volume traded at penny stocks. So, if you have choose the lucky penny stocks, you are still gain.

Wilson Tan stocks yesterday gave investors some festival angpow. Such angpow deliver after Deepavali and Hari Raya. Based the move analysis, if BJcorp-LC does not hit down below 53.5, it may hit until 60.

Remember, last time it was gave big return in Year 2006 and 2007. So, after rest about a year, maybe it has some activities.

Stocks price always create surprise. Some face bankruptcy and forever disappear. Some climb to another better position and give super gain to long term supporter. No investors, is supporter.