Thursday, February 02, 2006

20060203 3:48 pm. Expectatns were for a quiet market with few participants. Overseas markets were mostly weaker, but at this time, Bursa CI +9 pts, Gainers 544 Losers 213 Unchanged 215 Untraded 360 volume 676m shares worth RM1.122 billion. Oops what happened? Bursa is UP and with brisk trade from the above activity numbers. The round table in theEdge paper of experts were unanimously "not bullish". This is an example of how the smart money catch the unwary off guard, they move in when people all think there is no action, and when the masses do catch up and become overcome by greed and the feeling of 'not wanting to miss out' the smart $ is getting out and the masses are left holding the box when the music stops. Posted by Picasa

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