That's All You Need

All you need is to push these two stocks (PetGas, PLUS) to keep the cash market in the green. Especially on PetGas which traded on such a low volume and carry pretty high market capitalization. Easily manipulated market, I agree. Does it mean the market won't fall with all these efforts? Think of this:

"Say, we fund managers want to turn short due to ... So, we build our shorts in FKLI (Futures Kuala Lumpur Index), So, we begin our short sell adventure and the whole idea is to sell from a price as high as possible. So, we begin by buying these PETGAS, BAT and etc. for 100 units (or maybe higher at times) at anytime of the market, especially during 4.50pm. in order to create the idea of a strong cash market thus lifting FKLI. Then the moment we build enough shorts, we let go of those PETGAS and BAT even at a loss, and sell the others which we really intend to sell like CIMB, Maybank, Sime and etc. (the more liquid ones). After all, the 'investment' in those PETGAS and BAT aren't a lot. And when the cash market tumbles due to our selling, futures will follow, in which we may plan to take profit from our previous short selling."

What I can say is that, it's damn easy to manipulate the cash market up ... yet, it does not mean they don't have plans and tools to stage a fall too.