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 Stock Market V28, YI FATT = easy rich!!

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simplesmile
post May 28 2009, 02:23 PM

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Yea, checking in spot #6
I hope to break even in V28

This post has been edited by simplesmile: May 28 2009, 02:24 PM
simplesmile
post May 28 2009, 03:40 PM

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Want to ask people who use technical analysis.
Is candlestick charting effective in predicting futures and individual stock prices? Or its more effective in futures? Or its more effective in individual stocks? Or same effectiveness for both?
simplesmile
post May 28 2009, 03:42 PM

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QUOTE(AdamG1981 @ May 28 2009, 03:40 PM)
My clients are bearish. If CI doesnt close above 40, the bearish momentum should continue


Added on May 28, 2009, 3:40 pm

Need to use more than just candle.
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For now.. I only know candle.
So, I'm wondering if it's useful or not to use candlesticks for buying stocks... because the book I'm reading, almost all the candlecharts refer to commodities, futures and forex.
simplesmile
post May 28 2009, 03:53 PM

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huaan, either the sharks no more bullets to grab this counter, or they have already unloaded and left. Which is more likely?
simplesmile
post May 28 2009, 04:17 PM

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QUOTE(cliffang83 @ May 28 2009, 04:14 PM)
What if tomorrow N.Korea declare war on S.Korea?
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Then the US will rally and out of recession, because they are a war economy.
simplesmile
post May 28 2009, 04:31 PM

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QUOTE(AdamG1981 @ May 28 2009, 04:26 PM)
force selling coming..
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Means what?
Everyday at 4:30pm will have force selling?
simplesmile
post May 28 2009, 05:13 PM

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QUOTE(cherroy @ May 28 2009, 04:59 PM)
Yup, but this is something I heard before back 15 years ago, when TM was at around 15+.  whistling.gif
Something like that
Must go for long term
Monopoly business
Surely profit
blar blar.

Long term shareholders still suffering after 15 years or so. May be not long enough, need to hold 30 years. Joking only.

Not mean it is not a good stock or not or good for long term or not. Just some word familiar recall my memory.
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I want to share my opinion about TM from the viewpoint of an investor, and a consumer since so many people like TM here.
I feel that TM business, though is near monopoly at the moment, but it is still a commodity business. And commodity businesses don't enjoy huge margins. True they are near monopoly in the fixed line business, but they are nowhere near the leaders in the mobile and wireless arena.

As a consumer, if not because of streamyx, I would not even bother subscribing the fixed line. I believe when it comes to voice communication, majority of us use the mobile phone instead of picking up the telephone.

As mobile arena gets more competitive, and the wireless internet improves, I cannot find a reason for keeping streamyx and the fixed line subscription.

I won't touch TM & Maybank. IMHO Tenaga & PLUS are better monopolies. Sorry if I offended anybody. Just want to share my opinion.

This post has been edited by simplesmile: May 28 2009, 05:13 PM
simplesmile
post May 28 2009, 09:43 PM

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QUOTE(danmooncake @ May 28 2009, 09:13 PM)
Good evening everyone,
How was the bloodbath this morning.. you like it?  tongue.gif
Well, if you like this one, you ain't see nothing yet.  biggrin.gif

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!  drool.gif
*
KLCI gapped down today.
The last time this happened, was on 3rd March 2009.
Hmmmm. Will have to see how KLCI opens up tomorrow.
simplesmile
post May 29 2009, 12:46 PM

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Bought Huaan RM0.490. I've got 35,000 shares waiting to unload. Anybody in the same boat with me?
simplesmile
post May 29 2009, 01:45 PM

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HEY EVERYBODY,
The STOCK PERFORMANCE GUIDE edition MARCH 2009 is out. I just saw it at MPH Mid Valley. But I'm only buying it next Sunday, cos can get 10% rebate on my CIMB credit card.


QUOTE(shoduken @ May 29 2009, 12:53 PM)
you plan to unload at what price?
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Depends on momentum. My guess is around RM0.500
simplesmile
post May 29 2009, 03:01 PM

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It's selling for RM70 at MPH

QUOTE(protonw @ May 29 2009, 02:15 PM)
Do you know the price? Do they have it at Popular Ikano?
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QUOTE(cliffang83 @ May 29 2009, 02:16 PM)
How much is it?
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simplesmile
post May 29 2009, 05:12 PM

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OMG... Huaan red again.
No foreign buying this counter? China,.. where's your stimulus money? Pump more into stock market la, like over govt with Valucap and ASW
simplesmile
post May 29 2009, 05:15 PM

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QUOTE(omores @ May 29 2009, 05:08 PM)
Hope none of you got caught. smile.gif
*
You know, after 6 months of investing in the stock market, I can confidently say that I am caught more times than being not caught.
cry.gif
simplesmile
post May 29 2009, 06:30 PM

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QUOTE(omores @ May 29 2009, 06:25 PM)
Huaan losing money. If you look at earnings report, they have higher trade receivables compared to last year which is calculated as current asset. (This means customers owe them money and they havent been able to collect). This is same thing with Parkson, which is even worse.

Cash balance is high, but it is deceiving because trade payables still high. Meaning they haven't paid their creditors yet. Next month or next two month, you'll see the cash balance shrink.

I  suggest you wait till its much much lower like 38 cents before buying to ave down if thats your intention. Or sell at profit as soon as you can.


Added on May 29, 2009, 6:27 pm

Please read former posts for answer...
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I'm too scared to avg down on this stock, and my buying price is too high to sell at profits.
Why huaan cannot rally like knm? both also commodity stock.
simplesmile
post May 29 2009, 07:24 PM

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Why oil up, but steel no up?
simplesmile
post May 29 2009, 08:30 PM

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QUOTE(lowyat888 @ May 29 2009, 08:18 PM)
so many stage of stimulas package, gdp also contract so much, the big boys already know b4 hand. controlling the market when to go up or down.

technical recession already still malaysia boleh smile.gif recovery in 2nd quarter or 3rd quarter if cannot will see. what kind of prediction is this anyone also can predict.

big boys already dispose there shares and then only announce the bad news. perfect timing as plan smile.gif

market goes down just profit taking or technical correction. when market go up recovery/windows dress/ month end dress to make the books look nicer and alot of news pop out eg takeovers,got contracts,bonus issue,capital repayment/dividend/quarterly result etc.
the mini bull just run for afew minutes and have became bear run already. rushing for time
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So... means what? Should we cut loss and hold 100% cash?
simplesmile
post May 29 2009, 09:11 PM

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QUOTE(viper88 @ May 29 2009, 09:02 PM)
I'm on 100% cash. Already clear my OSK stock today.

Here's current Jupiter acct status..

[attachmentid=993723]

drool.gif
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Wah... just curious, so... are you still an ikan bilis?
simplesmile
post May 29 2009, 09:15 PM

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Where's Neo? I wished he'd also give me the same advice to hold 100% cash. Then I'll be more confident selling into rally.
simplesmile
post May 30 2009, 12:09 AM

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QUOTE(danmooncake @ May 29 2009, 11:55 PM)
Quite true, KLCI is directionless.. even though KLCI opens ahead by next week, it is always lagging, most of time go reverse direction of DJIA and other major regional markets.

Sometimes, I wonder, how come you guys so brave to play at KLSE.  The water here is full of sharks, more sharks than Wall Street,  small 'Ikan Bilis' don't even get the chance to become full grown yet, it already become meal for them.  sad.gif

Also, most of you seems to like to feed on economic news from US and yet, many don't realise it may or may not affect the local stock market here.  The economic data from US mainly useful if you play the US stock market, isn't it better if you invest directly there?    nod.gif
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What's the tax implications trading in these different countries? Do you have to pay tax on dividends and capital gains from these other countries?
simplesmile
post May 30 2009, 08:08 PM

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QUOTE(viper88 @ May 30 2009, 08:01 PM)
Go check your Jupiter acct status, see whether your trust fund and available trading limit updated yet?
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What the... yesterday I had 1 million in my account. Now only left 2 KFC meals.

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