KLCI losing steam?

Today we saw another episode of sudden 'u-turn' in our KLCI that wipes out plenty of gains from many investors particularly short term retail players as well as traders.
Have we forgotten that the bear is still very much alive? or we have gone too complacent with gains from the recent bull run that we fail to remind ourself that what goes up must come down? a quick look at the KLCI chart tells us it's likely that the KLCI will consolidate further tomorrow. how far could it go, it depends on the faith the people have in Malaysia's economy.
Remember to never turn a failed short term buy to long term investment just because you're caught by the bear. Cut lost when necessary and reposition your cash for a re-entry at a lower price. It's never too late to enter the market, as the market will always be here for us to trade.
All we need is to stay alive!