Good evening everyone,
How was the bloodbath this morning.. you like it?
Well, if you like this one, you ain't see nothing yet.

Told you all to short, didn't I ? KLSE is full of sharks and this boat is sinking..
those holding on will be drown or eaten alive soon. Those who are smart, shorted would have made some.

Now time for me to make some more money trading over at the NYSE... opening soon.
Oil futures looks great! I love the smell of Oil!

This post has been edited by danmooncake: May 28 2009, 09:14 PM

KLSE turn from bolehland to tak bolehland.

buy stock also scare (afraid it will go down some more)
dont buy also scare it goes (miss the boat)

sell to early afraid it will go up further and dont have patient to wait and go in on the high side.
play contra

average also scare it will drop further
waiting for quarterly result ,dividen,capital repay etc also scare how many times it will go up and down in order to have profit or cut loss

whether to cut loss or breakeven or average more ??

plenty of if hidden news have not pops out yet eg GM motors, North and south korea war, GDP going down etc.

all this things will affect the market.

what is the investing plan when it goes up or down?
BUY / WAIT/ SELL /DONT BUY

if u think the market will go up hold all stocks
if u think the market will go down sell all the stocks. dont sell one and hold another bcos all shares will be red no exemption unless very lucky one, even blue chip

This post has been edited by lowyat888: May 28 2009, 09:21 PM

Actually I also duno why sitting at sideline for nearly 2 weeks and suddenly I jump in today

My remisers fault la, he say go for tgoffs, he also say mid term O&G counter looks bright, I ask him so high can go in he say go, warrant also you not scare this one is kacang putih for you

ur remiser think u can take high risks...

I love the smell of FEAR in the mornings...

this morning was not a bloodbath.
If -100 points down like in 2008 then can be accorded.

KLCI gapped down today.
The last time this happened, was on 3rd March 2009.
Hmmmm. Will have to see how KLCI opens up tomorrow.

I think its good to get TGoff instead of risky warrants.
O & G still is bright, as oil is a depleting item. You need to be patient to hold the stock.

my plan is take 20k out, now buy first batch and see if it drop, if drop 20% I avg down another 4 lot, I'll continue until I run out of bullet then I sit and stare at my notebook like a mad person

This is my first presentable share

This post has been edited by moorish: May 28 2009, 09:54 PM

Just out of curiosity, regardless of the amount that you have, what is percentile of your first batch
of the stock that you wish to purchase?

What O & G counter that still can enter now and can go up further?

KNM? SCOMI? OILCOPR? SAAG? TGoff? KENCANA? ALAM? SAPCR?? ....

Don't let any remisiers catch you saying it's your remisier's fault lol. They will tell you that if you're old enough to trade; you're old enough to take the loss as nobody forces you to buy/sell. Always take what your remisier says will a pinch of salt and of course never ever let them be the one to tell you how and when to trade.

the thing about depleting oil is that it doesnt deplete in our lifetime

tgoffs 1 lot 1.330 3 lot 1.340

true, but Malaysian oilwells are supposedly depleting within 10 years time, according to our goverment mentioned 1 year ago. That is just on our part, not sure about other countries' reserves

No, what I meant is.. is your strategy like this:

Buy 20% of the first batch
Buy 20% of the second batch when the price drops 20%
Buy 20% of the third batch.. when the price drops another 20%
.. so forth

like this, slowly accumulating till you hit your 100% max?

This post has been edited by danmooncake: May 28 2009, 10:28 PM

Interesting bit of news :
Malaysia heads for recession after 6.2% Q1 contraction

Not a surprise.. how can one not in recession when the economy is export based and there aren't no buyers?

The Second Finance Minister is who prouldly claimed Malaysia not in recession eating crow for breakfast, lunch and dinner..

moorish... i could not agree more with your remisier especially he quoted that "Warrant you also not scare and this one is kacang putih for you"

ahahahahahah