Yeah....I hope its the last one too. While I now hold my counters to go for the long run, but the up down up down will cause my heart follow it too....

Current recovery from -19 to -8 may offer opportunities for those who bought this morning to lock in some gains, we may not see a green until tomorrow. Hopefully HSI keeps to the +300 it has locked up now and US shows green tonight.

I put a lot of hope on hope

Yup you are right. Lots of us entered last week thinking that's as bad as it could get. Still it went down today.

I suppose if folks are ok for holding on the long run, that will be fine. Don't play T+3 else will sure get burn. We may not see a recovery until all the T+3 traders/panic sellers have finished with it.

I've got Sealink too, bought for long run and average up. ABP now 0.71, want to eat the dividends too.

I think it close at 69 sen...So wait a while longer.....

I bought in too early to average up..... Now need to buy in to average down.
Will q 66sen later for 0.685 ABP.

Sapcres not immune to market drop also and oil price drop. Hold for longer. Set TP.

Note to self: Set TP....

I failed to do that with my Sealink, as i was too greedy and did not know what the fair price should be, and now punished every day....from 95 sen down to 66 sen.....This one really make me sad..

Now only can average average until pick up again.

Haha....Not lucky then

I entered Sapcres about 1.50 thinking good price, mana tahu today junam tak habis...For this counter, I have no problems with it. I am going in for the long haul. It went up to 1.57 last week, I held on because of its RM7billion book projects.

And then Sealink I bought it for average down to 0.71 only to see it now at 0.69 Actually my initial purchase price was 0.64! 1.5 month ago. My mistake was not letting go at 0.90 even on last Monday. This is my expensive lesson!

Still got bullet, a bit left, and need to make the right decisions. I am worried that the sell off is not finished yet.

We are down when others up. Nikkei up, Hang Seng up, every other Tom, d*** & Harry up 1% we down....Our correction will last longer, I suspect, until DJ can convincingly show +ve. If tonight down, tomorrow probably another down day.

That is also my understanding, we should be pretty closely linked to Hang Seng.

Hang Seng is up 2.52%, 452 points.....But where are we? Down, somewhere near 0.6%, and in the morning around near -1%. Are we decoupled from Hang Seng during this correction?

Perhaps afternoon session will see jump to +10? Hahah

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Added on June 22, 2009, 2:06 pmI noticed that the short form of Richard becomes d***. I think it is the system. I will henceforth use Tom, Rick and Harry.


This post has been edited by VyvernS: Jun 22 2009, 02:06 PM

I quote from Star: http://biz.thestar.com.my/news/story.asp?f...49&sec=business

It said the local bourse’s move into corrective mode was in line with the region’s performance given the recent strong performance.

At 12.30pm, the KLCI was down 0.73% to 1,051.75 while Singapore’s Straits Times Index was 0.73% higher at 2,289.71. Tokyo’s Nikkei 225 was up 0.77% to 9,861.98 while Hong Kong’s Hang Seng Index rose 2.52% to 18,373.08.

Shanghai’s A share index gained 0.91% to 2,906.62 and Seoul’s Kospi Index was 0.37% up at 1,388.44.

Everywhere up.

Hehe....Me too!...I figured out

A: Loss 2K on Ramunia sometimes back because chase stock. Up up then down. Secondary learning: Don't use margin hope to earn money.
B: This one if you wanna do quick trade. I trade many many times MKLand, Tebrau, Huaan, E&O, all this for quick 3-4 tick gain. But it will work only in up market. Down market, wish you good luck.
C: You sell, you loss. You did not sell, you paper loss only. I have formulated two plans on this -
i. If the price start to go up, wait, wait...sometimes the uptrend will signal stronger buying, so don't panic and take your profits slow then. This plan work only if you have TP and sell at your TP and don't be greedy.
ii. You buy 1000 shares, and it drop. If you scared the heart attack as it drop lower, you sell maybe 500, to avoid further losses. If the share go up, you wait it make your breakeven point then sell. Don't have to greedy earn.
D: I try avoid it after making umpteen stupid trades like that in the past...

Me too!

Hahahaha....This business will not run out of business one. But can be very competitive though...

Maybe the Stocks Exchange theme with the craft will be a crowd puller....

While i feel these are good blue chips, over the years I have come to the conclusion they are quite stingy at giving dividends versus the price per share.

Some (not speaking only on blue chips), like Uchitec, Tanjong, BJToto, for example, do give better dividends per share.

Shoduken....You buy now, let it drop. Then we all go into it.

There's sure dividend, so you can sell after the ex-date, neutralize the stock price drop. When it is up, we sell make profit, buy you a large pizza..

Hehehe....

Go here: http://announcements.bursamalaysia.com/EDM...07?OpenDocument

All those they buy months and months ago now slowly becoming paper loss.....EPF, Khazanah, PNB all will sell sell sell! Avoid more paper loss....
And we waiting them to buy....

Low buying volume may be the indicator to our EPF to buy.

As long as people buying hoping that the next day will be the green day for the quick profit, EPF or big funds will not buy. They are not going to sacrifice their money just for ikan bilis to earn profit. They will ensure that all those trying for quick profit is cleared away first.

Once the volume touches a new low, with very few buyers, this will indicate a slowdown in T+3 settlements. Then the EPF will start to buy.

http://money.cnn.com/2009/06/21/markets/su...ahead/index.htm

The week ahead for Wall Street and what may bring it up/down. Some of the highlights for the coming week.

Quote: After three months of rallying, the stock market seems to have hit the wall. But the week ahead brings a bevy of reports that could help get the market moving again. ---> Only if they point in the right direction....Hahaha Wrong direction, then we will have super mega sales....

This post has been edited by VyvernS: Jun 22 2009, 05:12 PM

Neo18, what is your take on Sapcres? Good company?

I got some at 1.5 and was looking to average down this morning, but was not sure on the market direction. The recent profitable announcement and orders still on hand for this company give me confidence that holding in the long run is a viable option.

Thanks!

Looks like a bear week ahead.... Dunno to be sad on my current counters or to be happy on the future mega sales

Susah for me.......Hold on, average down or cut loss.....

Hmmm.....I feel like hold on, close book, no eye see and open up 2 months from now, see what happened...

Lots of folks waiting for 1,000....Then i shall wait for 1,000 before average down again