An opinion piece....

start with color red ( u know why... hahaha)

Sometimes when the market gets rough ,when all seems lost...you might want to be a contrarian....after all if a spring is compressed hard enough it is bound to "rebound" such as TM, Axiata ( blue chips rebounding may tell a story for tomorrow ...)

a) heavily beaten down counters which were active recently

b ) counters which are resting on long term support

c ) counters which seems to defy the broad market downtrend

d) counters which are rumoured to have secured big contracts

e ) counters which are experiencing heavy contra selling...

f ) etc etc....

Just like no share will go up forever ,the reverse is equally true.

Few in my forum came & met me for lunch. We discussed few stocks that in play that we could make quick profit in this bearish market. Taught them how to read pattern in this bearish market. They are all very excited in this new teaching. Pretty sure they would profited handsomely as I saw the closing as we predicted. 

Will be on holidays from tmrow till next tuesday...

Wishing all readers you happy trading and have a good weekend (long weekend )

Thank you

Chris Choo

chrischoo007@gmail.com