SmartmoneyMY : The fundamental is not bad, just that previously buyers bought too fast that seller couldn’t have enough time to sell, now is time to give the sellers to fill up the buyer’s momentum, it take turns and there is no up only (I have explained this in my post). Let’s take an example like Tesla, does Tesla have bad fundamentals than YTLP? No, but still it drop as much as nearly 80%, and right now it bounce hard. So just to let you know what’s happen after filling up, we will see some good news to bounce or even all time high. This is just plain physiological. And also you should be happy to see if we get discounted price. Once we get RM 8, You’ll be thankful that you DCA at the low price like this.

SmartmoneyMY OP friso : Probably in few months, I’m expecting KLCI index to have a pull back from 1,600 to 1,400 and bounce. No confirmation signal of when to go back to 4 yet. Once I see some bullish signal I’ll post it here. Until then, stay tuned. Cheers.