Profit Taking on Friday.

KLSE's Friday usually is Taking Profit day. For those contranians, it's T+4.  Dropped -2.44 today. I was expecting of -10 anyway.

I took profit YTLPOWR today @ 1.78 so it's a +9 cents for me. Well, I am not a shark or something, just a tiny anchovies aka ikan bilis. I took profit BERNAS too @ 3.25 and 3.21 respectively due to volume decreasing. I was told that BERNAS is a defensive stock, as you can keep for long term to 5.00+.. I passed the argument. I might be wrong here but every time when election is coming, the market will boom and right after that, it will drop like there's no tomorrow.

Trust me, I just started trading for8 months. Currently I am still making losses, roughly around 15% and that sucks. Well, nobody wants to lose money. No complain.

Here was what I my mind this morning..

MALTON: Still up. For those who are investing MALTON for long term.. Congrats. It broke 60 cents as resistance yesterday and it was a technical buy. Somehow, my mind told me that it is somewhat skeptical. This stock really proves me wrong. Sorry, but I gonna pass this one until it drops back to 60 cents

MBSB: This stock kills me and slap me on the face. I make a huge losses on MBSB-WA close to 25% and I cut loss around 0.65. Now it's 0.765. Some of my friends scolded me for being so stupid to cut loss a stock, might as well just put it into freezer or something. I beg your pardon. I rather cut loss and fight for another day. If I am not a TA (Technical Analysis) person, yeah, maybe I will keep it. But hey, for a TA person, you don't really care what kind of stock is that, everything is based on charts. If I don't cut loss, how to 'invest' another stock? For me, I think it's a right move. For them, it's not... "See! I told you not to cut loss MBSB, now 0.70+ aldy". Well, if I don't try to contra, I won't lose that much money probably a few hundred. It's so happened that that day I contra-ed and I got burned. I lost that battle. Period.

MAS: Volume was very poor. It still went up. I think it's gonna drop back to 1.46 support unless there's a volume on the next trading day.

OSK: Merging with RHBCap? Hmm.. it's in talk now.

RAMUNIA: Volume drop. Went up. MACD shows buy and RSI shows oversold. Is it a bad thing? Hmm..

BIMB: Dropped to 2.01, broke MACD shows 4G1R. Resistance at 1.96. I think it's a bearish for BIMB now.

DIGISTA: I still holding this. I feel like selling it. Feel like no more umph.

SMARTAG: Wanted to sell. Couldn't match.

Hopefully there will be a better trading day.

Good luck.