Aiyaaa... didn't manage to get back Uchitec at RM 1.25!

Swing trade. Bought some at RM1.25 and sold at RM1.33. Supposed to be for long term (ya, my hand too itchy) so decided to buy back at RM1.25.... hopefully can get tomorrow....

My LCL cheong before I could swing trade!!!!

Any reason that it shot up today?

This post has been edited by kmarc: Aug 11 2009, 11:43 AM

Soooooo geram...... I just bought back my Uchitec to console myself (was going to swing trade Uchitech too) ...

LCL my baby.... come back to papa....

Bought at RM 0.675, sold at RM0.705 and wanted to buy back later for swing trade. Did the same thing to Uchitec, bought some at 1.25, sold at 1.33, today bought back at 1.26. I still have Uchitec at 0.89 so my ABP is around 1.04.....

I have considered LCL a laggard counter and was doing swing trade. Didn't expect it to cheong today!!!!

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Added on August 11, 2009, 12:08 pmWaaaaaaa......... don't remind me.... me sooo sooo sad....

This post has been edited by kmarc: Aug 11 2009, 12:08 PM

Then you better swing trade....

Where got awesome when I missed the rocket!!!!

I just thought there was no news so can still goreng.....

I think I will jump into LCL again today, since there's something cooking inside.... hopefully it falls a bit more before I grab it....

Errmmmm, you shouldn't follow people la. You have to make your own choices/decision ma.

I have made money from LCL previously as it is my favorite counter. As such, if I buy again and it falls, I am still ok with it.

Will wait this afternoon to see what happens..... I might or might not get it...... most probably I will....

No new reports. The last favourable report I have about LCL is in November 2008!!! The report indicated that LCL and KNM have the potential for great capital gains. It happened to KNM (somewhat) but not really to LCL yet. At that time, If I remember correctly, KNM was about 40 cents while LCL was still at around 70 cents (before it dropped suddenly to 30-40 cents).

Recent quarterly earnings were also not encouraging so future earnings are questionable. They also have high exposure to middle east countries.

At the moment, the main reason I am interested in this counter is because it was lagging behind it's cousins , the construction counters (although not really related as it's main work is IFO and not construction per se). I always thought it will cheong one day, and today seems to be the day... the day I didn't hold any LCL!!!!!

Wait till my wife hears about LCL. She's going to say "See, I told you not to sell!!" and ketuk my kepala..... ouch....

Ok, promise myself not to swing trade RCECAP....

Waw.... today is small- and mid-caps day.....

RCECAP's turn to be gorenged!

That's to shake off the ikan bilis only ler.... here it comes again!!!

If stock market like tat everyday, I would die a happy man.

LCL come down liao.... come come....

No la, I'm only 30% stocks. On and off cannot tahan so do some goreng lor... have to eat also ma.....

Dunno. I buy because I follow uncle sam.

Last time buy because I follow viper88....... dunno where he is now.... missing in action....

Too bad I didn't know much about warrants previously when the market was down. Would have bought blue chip warrants too.....

LCL start engine again....

Eh? Got system for warrant meh?

At the moment, I'm not touching any stocks. As such, warrant is even more out of the question. I will only buy stocks or warrants when I consider them low. At the moment, the stock market is too hot for me.

This post has been edited by kmarc: Aug 11 2009, 03:29 PM

As far as I can tell, he still believes the market can still go down. That's why he has not entered the market fully.

Once he is convinced that it is really the bull market and our economy has improved, I believe he will dump in more. At that time, I will follow like a blind rat....