your goreng counter is not cheap enough

normally what i saw when people say goreng it goes to penny stock below rm 1

wahlao, like tat one ah?
My definition of goreng is gambling. First look at basic FA, then look at basic TA, cross check with major indices support & resistance level
so far, very few selection is below RM1, if it goes below tat, ie.peenis stock, then u hapi lo

Hi all sifus, may i know which is the best platform to trade in Malaysia?

thnx

Sama sama. Uh, isn't it wayyyy too soon to call the bottom? Could be dead cat bounce or bear market rally

I am sitting comfortably in the sidelines for now..... and certainly won't re-buy the stock that I sold. As I said, it's a value trap.

Heard you applied for Involuntary Investor Club membership? So soon? What happened?

Anyways, we'll know who's right only 1-2 years from now. Until then, let's hold our peace. Cheers

I vote upwards, if it breaks support line or earnings outlook really bad, then I cut loss, load more into puts & shorts
the IIVC membership is automatically given, due to tranche 1 goreng shares, but provided klse gap down & if all 9 goreng shares down >10%
so far, semuanya ok, so IIVC stil under consideration. but most of the lyn forumers r full member. guess they waiting me join them gua
2 years too long la, within 2 months, will know the impact


$4.52 boustead now $5.04
$1.63 coastal now $1.74
$2.3 hsplant now $2.45 (its not hap seng )
$1.52 mahsing now $1.77
$1.82 mudajaya now $1.97
$1.4 pmetal now $1.55


$0.495 sozo now $0.50
$4.29 taann now $4.30
$1.69 ytlpower now $1.7
http://books.google.com.my/books?id=6eyy4P...epage&q&f=false

This post has been edited by sulifeisgreat: Oct 1 2011, 12:59 AM

your buy move seems perfect timing and so far so good. bravo!
did you take partial profit yet?

regarding when will market pull back, i really
jupiter expects 1300 soon, rhb downgrade year end target to 11xx and next year to 13xx.
when bull market, everyone bull bull. when bear market, bear bear.
while rhbcap so very bearish on banking sector, they wants to buy osk.
when all IBs so very bearish on properties stocks, Sime wanna buy E&O with 57% premium, and PNB wanna buy Spsetia.
this is why rich gets richer, poor gets poorer.

i'm in 15% cash now after sold off all my spsetia today.

Congrats on ur sp setia IB/ analyst likes to murder ikan bilis, but sometime mus show wayang to attract ikan bilis
I not yet take partial profit since veda says its a value trap & could be dead cat bounce or bear market rally

Markets Update. Stocks Slide With Morgan Stanley Off 10%, But Dow Up For Week
Stocks opened in negative territory Friday, stayed there all day and closed near their lows for the session.

The Nasdaq shed 2.6%, the S&P 500 2.5% and the Dow Jones industrial average 2.2%. Unconfirmed data showed volume finished mixed, decreasing from Thursday's level on the Nasdaq, but increasing on the NYSE.

Morgan Stanley (MS) fell hard, sliding 10% in big turnover. Analysts said investors are worried about Morgan Stanley's exposure to European banks. The nation's No. 2 investment bank has lost more than half its value since hitting a high in February. It's well below its 50-day and 200-day moving averages.

For the week, the Nasdaq lost 2.7%, while the S&P 500 declined 0.4%. The Dow managed to gain ground, advancing 1.3%.

For the third quarter, the S&P 500 shed 14%, the Nasdaq 13% and the Dow 12%. It was the worst quarter since 2008 for the S&P 500.

In economic news Friday, the Chicago purchasing managers index unexpectedly rose to 60.4 for September, easily above views. The final figure for the Reuters/University of Michigan Consumer Sentiment Index was 59.4, above forecasts. Personal income dipped 0.1% and spending rose 0.2% in August. The income figure missed expectations, while spending matched views.

On Monday, Wolverine World Wide (WWW) is among the companies expected to report quarterly earnings. The day's economic news will include fresh readings for auto sales, a key manufacturing index and construction spending.

Sifu, any update? YTLpower is weakening? good time to buy in?

Today:
Takaful had dropped to 1.63 from ahigh of 2.23 in july but still making +20%
EBWORK is at its highest now at 0.580 making a good +32%

any new pick on other stock?

As for now the safest is to keep your cah in the bank... just wait the market will recover if not sooner later.
Why want to take the heavy risk now...

thanks.. that's why i am seeking ur advice haha. may i know which share are you holding now?

I always have for years a vey small holding in MAS, TM, AXIATA so that I can attend the AGM .. just to meet my friends there.

Now I have MBSB-WA ( already at a loss will only sell at around 0.80) and PFCE as I expect it to explode one day.
That all .....

thanks for sharing.. good luck with ur MBSB-WA! I only have few units in Public mutual fund

Please do your own due diligence the past 2 days was great time to buy more cheaply
klci support level at 1350, anything below that earlier, was to makan all those 'panic bears'. support stil holding
dog jones not yet below 10k, yesterday s&p momo also go shopping & makan those 'panic bears' below 1100
http://forum.lowyat.net/topic/2027841/+80 Post #91 refer spoiler I hav nothing to update liao guys/ gals
hav fun! popcorn time now, all I need to is 'auto cruise' & ride it
if SHTF unexpectedly, then buy puts options & I do shorts lah

$4.52 boustead now $4.88
$1.63 coastal now $1.76
$2.3 hsplant now $2.42
$1.52 mahsing now $1.80
$1.82 mudajaya now $2.20
$1.4 pmetal now $1.51


$0.495 sozo now $0.495
$4.29 taann now $4.24
$1.69 ytlpower now $1.66

yes of coz! haha. may i know which bank you use to trade? or direct through OKS/Kenaga?

The market is operating in future time. It has usually factored in current events
http://books.google.com.my/books?id=ldJiR5...epage&q&f=false

It is cuming to the year end & time to check my performance
simple 3 months calculation for early year 2011, return 185%
the current position, return 157%

$4.52 boustead now $5.46 +20% target exit around $5.51
$1.63 coastal now $1.84 +12% target exit around $2.01
$2.3 hsplant now $2.61 +13% started exiting around $2.61
$1.52 mahsing now $1.91 +25% target exit around $2.21
$1.82 mudajaya now $2.32 +27% target exit around $2.51
$1.4 pmetal now $1.73 +23% target exit around $1.81
$0.495 sozo now $0.595 +20% exited all around $0.595
$4.29 taann now $4.68 +9% target exit around $5.1
$1.69 ytlpower now $1.83 +8% started exiting around $1.91
fug them up all together via my f9 matematik calculator is 342% also benchmark it to compare performance

http://www.fundsupermart.com.my/main/fundi...formed=topFunds
Funds Returns (1 year)
Fund Name %
Kenanga Growth Fund 15.08
Kenanga Syariah Growth Fund 14.51
Prudential Dana Al-Islah 11.41
Prudential Bond Fund 10.53
AmDynamic Bond 9.24

Looks like most reaching your exit price. Congrats!

U-turn soon?


This post has been edited by simonc: Oct 23 2011, 08:46 PM

your timing is excellent. bravo!
are you still bullish currently?

look at the bull bear ratio, 41% investment advisors is bearish hav to goreng them kao kao, as they bring followers to holland
my stand stil the same, sit back & let it 'auto cruise' to resistance level for exit. since I buy low & sell high
of coz in meantime, there wil be fluctuations here & there, but overall, we can say sayonara to 1300 those who waits it, learns it now

Jesse Livermore timeless advise withstands the test of time
http://books.google.com.my/books?id=fvt8DU...epage&q&f=false

That is about all I had learned, to study general conditions, to take a position and stick to it. I can wait without a twinge of impatience. I can see a setback without being shaken, knowing that it is only temporary. I have been short one hundred thousand shares and I have seen a big rally coming. I have figured, and figured correctly, that such a rally as I felt was inevitable, and even wholesome, would make a difference of one million dollars in my paper profits.

And I nevertheless have stood pat and seen half my paper profit wiped out, without once considering the advisability of covering my shorts to put them out again on the rally, I knew that if I did, I might lose my position and with it the certainty of a big killing. It is the big swing that makes the big money for you. If I learned all this so slowly, it was because I learned by my mistakes, and some time always elapses between making a mistake and realizing it, and more time between realizing it and exactly determining it.

aisay, that hav to thank TA if look at their charts, can see my target exit price, is actually approaching resistance level
wan to know wat happens when it reaches there?
actually, it wont be easy to reach there, coz many sellers waiting at those prices all those IIVC

if I bought the below in goreng shopping list, then sure wait very long to break out better put the money to hard work elsewhere
mbsb still waiting above $1.80
sop still waiting above $4.8
ssteel still waiting above $2.8
tdm still waiting above $3.4
twsplant still waiting above $4.4