but compare to previous days, todya US' boards are going down....straight down

1) Hell no, its good. Maybe need to add 1 or more FINANCE stock. When rally really takes off, FINANCE STOCK will fly first
2) No, it is not a waste. You buy based on your means
3) I sell as long I see profit. Because for me, I will never knows what it will be in future. Except YTL, IOI can hold long long term

Not bad, almost 31K capital, now almost 37K..
I envy your KNM, RCE

your return is a lot more than mine~~ congrats!   
you are inclined towards O&G, just my opinion

aiya, dun shoot him...

Well, if he is 100% correct, he will be the richest man in the world. Anyway, I just dun like the way he talk about certain stocks, but some of his principles are actually quite correct. To follow or not to follow him is our choice. I choose not to follow, because if market rally, everyone are actually making money, just how much we are actually gaining? 50%? 2x? 3x? etc...

Going straight down or not will not impact most of us, as Mr #1 is out there planning his way to green. Go green. 
Btw, 1.6B AS1B taken up, so it is just a matter of time before reinforcement will arrive    . So, soldiers....hang on tight

Wah....looking at your portfolio as of now, seems like losing a lot of money. Maybe a reset of portfolio, balance out with more stable and long term counters. I see that you bought SeaLink at quite high price also 

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Added on August 11, 2009, 11:47 pm
Maybe they are shorting the market. But in KLCI, if you want to short, have to ask Mr #1 man

1)wanted to buy pbbank but looks like a bit expensive for me. is it still worth buying?
2)phew...can relieve a bit..
3)is 20% margin a norm for those side liners? sometimes i feel a bit dilemma; to race like a turtle or like a rabbit. To turtle, buy and hold till KLCI reaches 1500. To rabbit, buy sell and buy sell, higher frequency = higher return?, but timing is hard to catch!
yaya..coz i dont know what else to buy..that's why i come here and curi-curi...
is axreit really good? dont shoot me pls as i havent studied it properly.

wow..glad to receive some many prompt feedback..all noted!
is time for me to do more studies again. thanks a lot !!
zzz time.

Oh...interesting news....
1. Was the 1.6billion figure published somewhere?
2. Which counters do you think they will <ahem>. "support"?

yes, im clearing off, once it hit the ABP, will lelong all. Stated with Sealink, sold 2/3 today. Next to clear is SCOMI and SAAG.

Im converting to cash slowly.. Eyeing only 1 stock, will shift to that stock only. So that I can sleep at peace.

I have narrow down to 3 stocks. 2 are FINANCE and 1 is CONSUMER (Trading/Services).

TARGET to clear all : MID NOV 09

CIMB, SIME, TENAGA, AXIATA? 

Never mind.....you are not alone...
Me too holding SAG, SCUMMY and LIONCRAP......
Dragging my average down something wicked.....
Think a few of us on here are on the same boat with you....

1)wanted to buy pbbank but looks like a bit expensive for me. is it still worth buying?
2)phew...can relieve a bit..
3)is 20% margin a norm for those side liners? sometimes i feel a bit dilemma; to race like a turtle or like a rabbit. To turtle, buy and hold till KLCI reaches 1500. To rabbit, buy sell and buy sell, higher frequency = higher return?, but timing is hard to catch!
yaya..coz i dont know what else to buy..that's why i come here and curi-curi...
is axreit really good? dont shoot me pls as i havent studied it properly.

wow..glad to receive some many prompt feedback..all noted!
is time for me to do more studies again. thanks a lot !!
zzz time.

For SHIAAG, it cost me nearly 10K to average down to 0.31 from 0.37..

Next week, planning to average SCUMMY. Wait for MONKEY to rescue cronies counter.

For SHIAAG, it cost me nearly 10K to average down to 0.31 from 0.37..

Next week, planning to average SCUMMY. Wait for MONKEY to rescue cronies counter.

Oh...interesting news....
1. Was the 1.6billion figure published somewhere?
2. Which counters do you think they will <ahem>. "support"?

Axiata, Maybank and TM

SCUMMY MARINE 2ND Quarter profit up 55%, will that help to push up SCUMMY ? They are independent in KLSE though.. 

David, what is ALLCRAP (3297) ? I cant find it on KLCI..

Most likely they'll dump the AS1M 1.6B into CIMB/MBB and soon to relist MAXIS 

As you can see, the NASDAQ recently hit an RSI of 75. This is the highest reading we've seen in nearly two years. In fact, the last time the NASDAQ had an RSI of 75 was October 10, 2007, right before stocks entered their first major leg down in the Financial Crisis, losing 55% in six months. As soon as I noticed this, I called up Ron Coby, a brilliant portfolio manager based in Medford, Oregon. Ron's one of the smartest guys I know and when it comes to trading short-term moves, he's one of the best in the business. What he had to say completely blew me away. Ron said, "Graham, you won't believe this, but I went back on the NASDAQ and made a note of every time it hit an RSI of 75. EVERY TIME, the market collapsed soon after. And I don't mean a "plain vanilla" correction, I mean a full blown CRASH." Ron then forwarded me the following chart. Suffice to say, I was floored. As you can see, the NASDAQ has hit an RSI of 75 or higher five times in the last 12 years. Every time, the market collapsed soon after with an average drop of -22%. In several cases, stocks suffered a full-blown CRASH. This is a very serious warning for the Bulls. A high RSI doesn't mean that stocks have to CRASH immediately. But it does indicate that the NASDAQ is more than ready for a serious correction. Again, an RSI of 75 or higher has only been hit FIVE times in the last 12 years. Two of those times were at massive historic bubble peaks. The others were all periods in which stocks were simply far too overbought. And ALL FIVE OF THEM PRECEDED SERIOUS CORRECTIONS.

since this month/sept could be the major turning point or what... i just give some posting which i found quite interesting to read
full article at http://www.kitco.com/ind/Summers/aug112009.html