Car accident #1

On Monday 18/Feb/2013 around 7pm, I have a car accident. I was on my way to a farewell cum start work dinner. My car was in idle stage in a roundabout awaiting the front cars to move as there was a traffic police directing the traffic from the other side. Suddenly a car from behind ram into my car bumper. My car suffer quite a damage on the bumper, rear light, some dent on the side, exhaust, bonnet and etc. But her car only had some damage on the bumper maybe due to her car height.
She must be dreaming or "texting" while driving ?, as I cannot imagine how she can hit my car while we were in such a slow traffic. Well, I did try to avoid reporting to police, just want to settle it between us to avoid the hassle of reporting and claiming insurance (the documentations and waiting time would be troublesome). But after I checked with my repair shop, the cost is too high for her to pay. So we decided to report police to claim insurance.

Happy Chinese New Year !!!

 Tomorrow, trading will start, based on history, normally after CNY holiday, trading volume will be low but quite some shares will slowly move up. Lets see this year.

A breathtaking week in KLCI !

Is been a while we see a drop of >30 pt in our index in 1 day or 2 day . Those last one happened in 5/Sept where she drop 34 pts in 2 days while on 21/Jan/2013 drop 40pt in just a day. This is due to announcement of the GE announcement date to be 22/Feb ? So, expect a bigger drop on 22/Feb or the day it is announced where whatever short term or mid term TA or FA will fail. I would say that FEAR of whatever results of the outcoming election make every investor or trader not to hold too many shares in their portfolio. Hmm, so I'm also in my planning stage to trim down some long term investment stocks and buy back after the election.
I'm expecting the index will go sideway or the most climb towards 20MA and slide down further. You can see the weekly Stochastic and MACD line has bearish crossover which I do not expect to break any resistance in these 2 weeks. Initially, I intend to hold Paramon till 1.77 but seeing such jitters can happened in such a fast pace, I decided to take profit at 1.57. In this few weeks till election, I will intend to go for a very short term play (less than 1 week) if there is some stocks which I really like her chart .