CapitaLand: Too early to bottom fish

Hi Ak

So they may collect low just now and push it up later , rite?

AK opines that likely they will download most of their holding by today. 2 morrow,last trading day is not a good day for manipulating. Unless STI pm rebound greatly, but quite unlikely. But u may some feel by looking at EU market, after 4pm

Look out for the trading vol in Bull  n Sell, esp d blocking vol at both ways.

Beware of the total trading vol on both M n R. D vol should move up in tendum, as when BBs buy in d R, they grab Mother as well. Current standing M 22k n R 21k, healthy. Generally, u will see M a bit over d R, as some of d small retailers had released their rights when R listed at high. And if they hv no intention to keep the M, they will fire n forget liao.

Anyway, trade with care loh, dun greed is d word n suffering small pain is better to bleed heavily.

Now, holding level is not to allow it to dive below 60cts. So that BBs can slowly drain away those huge cheap R, 50over cts purchased earlier. Once they hv download almost all their holding, they will leave the market to d small retialers liao.

In fact, they are now laughing at those smaller investors who were chasing after them on Mother, high at 2.02 n R at 0.705. AK cought them at 0.70 to short n clear them when seeing them playing U turn ar 0.62, but only exit at 0.645 to hv Teh-sarabat $. Actually, I dun like shorting, esp after d new rule imposed on shorting. Got high blood pressure.

They will play ard until d small retailers exhausted. But we can tag along, but be careful be focus n alert. Cheers.

BBs know the word " Sell In Strength" very well. But they also know how to buy in dip as well.

At ds current market sentiment, if u see profit and hope for more, thats is d old day liao.

AK's worry comes now.