Had a good look at the leaders board today.... didn't like what I saw. The market leaders were filled with failed, failing, falling, finished, flatulating... companies... This is a pretty bad sign that the market will correct a bit when these derelicts come out to play.
The Iffy Ones: Iris, Scomi
The WTF Ones: Patimas, Tejari, PDZ, Mobif
The "I Can't Believe We Are In The Top Volume Page" Ones: PJ Bumi, Keladi
When you have friends like these, it tells you a lot about the state of the market. Its tired, the good operators have gone to take a rest. Take profit and await to re-enter, but in good trading counters, not the ones I just mentioned above.
p/s photos: Keiko Kitagawa