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v-honda
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May 13 2009, 04:23 PM
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QUOTE(okw0809 @ May 13 2009, 04:20 PM) Vhonda.... still cannot come to gathering if it goes up RM 1.00?? Sorry to push u again but seems like everyone here wishes u could make it lah!! aiya .... really sorry to u all la .....  really can't make it leh ...
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cute_boboi
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May 13 2009, 04:23 PM
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How old ?  We organise gathering, see each other face, then we know
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simplesmile
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May 13 2009, 04:24 PM
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So... you guys think oil will hit above $60/barrel?
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teewan
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May 13 2009, 04:25 PM
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0.85!!!
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v-honda
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May 13 2009, 04:25 PM
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oh got to go 1st ..... bye guys ... good luck ...
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teewan
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May 13 2009, 04:25 PM
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Come 0.86!!!
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cute_boboi
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May 13 2009, 04:27 PM
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About this 5-10 years down-turn / up-turn cycle, I feel 2008-2009 is a good year to buy for medium/long term. Maybe 2010 also, not sure. Purely based on history, no fundamental/technical analysis at all. My philosophy is, any blind man jump in now, in 3-5-7 years, 99% will profit. 1% = bad luck, company bankrupt/merge/take-over, loss, die first before the company die, etc. Have to take risk lah. Cannot always park the money as cash reserve. Initial was planning to invest in property, but not enough capital.
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okw0809
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May 13 2009, 04:27 PM
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QUOTE(v-honda @ May 13 2009, 04:23 PM) aiya .... really sorry to u all la .....  really can't make it leh ... I am sorry too....  I'll not ask that again.....Let's hope our KNM Trade Club will change name to Millionaire Trade Club....Huhuhu.....
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cute_boboi
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May 13 2009, 04:27 PM
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Touch 0.850  Added on May 13, 2009, 4:29 pmokw0809, Thanks for supporting. Actually I'm quite new to Stock trading also. <12 months experience.  I have been at sidelines with friends trading in stock, FKLI and CPO. Brain wash me But I don't think it'll reach RM10 lah  RM3-5 also enough already and already unload most of it. This post has been edited by cute_boboi: May 13 2009, 04:29 PM
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teewan
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May 13 2009, 04:30 PM
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QUOTE(cute_boboi @ May 13 2009, 04:27 PM) About this 5-10 years down-turn / up-turn cycle, I feel 2008-2009 is a good year to buy for medium/long term. Maybe 2010 also, not sure. Purely based on history, no fundamental/technical analysis at all. My philosophy is, any blind man jump in now, in 3-5-7 years, 99% will profit. 1% = bad luck, company bankrupt/merge/take-over, loss, die first before the company die, etc. Have to take risk lah. Cannot always park the money as cash reserve. Initial was planning to invest in property, but not enough capital.  I understand your theory, but at 0.8x, there could be better stocks for long term...
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okw0809
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May 13 2009, 04:30 PM
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QUOTE(cute_boboi @ May 13 2009, 04:27 PM) About this 5-10 years down-turn / up-turn cycle, I feel 2008-2009 is a good year to buy for medium/long term. Maybe 2010 also, not sure. Purely based on history, no fundamental/technical analysis at all. My philosophy is, any blind man jump in now, in 3-5-7 years, 99% will profit. 1% = bad luck, company bankrupt/merge/take-over, loss, die first before the company die, etc. Have to take risk lah. Cannot always park the money as cash reserve. Initial was planning to invest in property, but not enough capital.  My opinion, property is slow and a lot of work involved... I did try property, profit ok but too much work.... Stock is faster and more gan-cheong....... But riskier too....no risk no gain.....
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cute_boboi
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May 13 2009, 04:30 PM
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I don't want to miss this 5-10 yrs cycle.  Next round, I may be heart-attack already.  Added on May 13, 2009, 4:32 pmteewan, I don't have enough bullets to diversify too far and to average down if needed.  Some penny stocks, a bit too risky.  Any stock to recommend me ? This post has been edited by cute_boboi: May 13 2009, 04:32 PM
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okw0809
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May 13 2009, 04:34 PM
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QUOTE(cute_boboi @ May 13 2009, 04:30 PM) I don't want to miss this 5-10 yrs cycle.  Next round, I may be heart-attack already.  Furthermore ppl compare this recession to 1930s depression....so if u jump in at right price and time now....return will be great. If next recession comes, perhaps the downturn will not be this big....profit might be lower now. I really think it's a golden opportunity.....hope i am right...
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cute_boboi
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May 13 2009, 04:34 PM
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QUOTE(okw0809 @ May 13 2009, 04:30 PM) My opinion, property is slow and a lot of work involved... I did try property, profit ok but too much work.... Stock is faster and more gan-cheong....... But riskier too....no risk no gain..... Yes, I tried once. Nearly fall asleep. No patience. Too much ground work. Lawyer sign here and there. Put up adverts, follow up with site visits, etc. Calls. In the end, quick quick make 2k profit and cabut
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okw0809
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May 13 2009, 04:35 PM
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Aiyah....oso got to work now or my boss will find out this....hei hei!!
Enjoy man....UP UP UP !!!
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cute_boboi
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May 13 2009, 04:36 PM
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QUOTE(okw0809 @ May 13 2009, 04:34 PM) Furthermore ppl compare this recession to 1930s depression....so if u jump in at right price and time now....return will be great. If next recession comes, perhaps the downturn will not be this big....profit might be lower now. I really think it's a golden opportunity.....hope i am right...  Me too. I hope it'll bounce back in <3 years.  I have never ever invested so much in stocks before. But is ok, I can sleep at night, as I'm trading with available cash/funds. I'm not on margin.
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YuNGSeNG
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May 13 2009, 04:39 PM
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KNM thread V2 will be over soon, TeeWan,Honda or OKW create a new thread ?
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cute_boboi
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May 13 2009, 04:41 PM
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Let CEO or COO create
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taikin
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May 13 2009, 04:42 PM
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LOL...
today my lots less than usual.. in case of anything need to average down.. so... conservative a bit today
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teewan
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May 13 2009, 04:52 PM
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Wah snap up 0.845
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