I'm holding a big parang ready to cut loss if Unker Benny fails to unleash QE3 or at least do the Twist. Darn, it's going to be painful, like that fella who cut off his arm in All Men Are Brothers.

On the bright side, I've already shortlisted my target property, and the mutual fund I want to buy with my EPF, and other targets, when and if the economic storm hits.

This post has been edited by Veda: Sep 21 2011, 11:18 PM

was that you then? pm lah. glomac has performed so well even now. now may be the time to pick stock.

This post has been edited by primepeng: Sep 21 2011, 11:20 PM

hi dude..how's ur share? doing good?

i really don't know how to garner the courage to cut loss..

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Added on September 21, 2011, 11:33 pmmaybe not me.. i was not active here when glomac was trading at 0.80.. but i do mentioned bout it when it was trading at 1.xx

This post has been edited by jy1905: Sep 21 2011, 11:33 PM

anyone can share with me about GENM dividend yield?

thanks

Depending on your entry level or your loss level, cutting loss can be painful. But, if you're comparing it like cutting arm off,
this must be pretty severe.

Over time, stock prices usually come back if it is because of the general market conditions unless that company that you bought went bankrupt. This is where diversification helps and those dividend stocks may help to buffer your pain.

This post has been edited by danmooncake: Sep 22 2011, 12:06 AM

Let's hope for a good tomorrow.

My picks
22 Sept picks

This post has been edited by Bonescythe: Sep 22 2011, 12:10 AM

But what to do when giant CIMB wants to kill Affin CD & possible CE. I cannot challenge a giant like CIMB, can I?. Yes, CIMB makes $7.5 million by just killing Affin CD, if Affin CE follow the same path, another $15 million will be added to their coffers. CIMB need not have to do too much but all they had to do is by putting or coming out 4 research reports with a SELL CALL within a period of 2 months & people follow blindly without a mind of their own Until now CIMB had NOT GIVEN 4 research reports within a period of 2 months with a SELL CALL for ANY SINGLE BSKL COUNTERS & Afffin is the ONLY ONE. .....so brother bursalchemy, when this giant CIMB does this, what can I do, NOW YOU TELL ME. Also added to this Affin downfall is the world market that is going from bad to worse & so brother bursalchemy, can I control the world market.


....so please brother, you do come research first before you open your BIG mouth to shoot at me. Yes, that's the trouble with some members here, makes plenty of money on my tips, you all keep very silently quiet, as they said elegant silence BUT WHEN YOU ALL LOSE SOME MONEY, YOU ALL START SHOOTING AT ME & BLAMING ME FOR EVERYTHING. Sometimes, I am really fed up with this type of attitude & mentality. Brother bursalchemy, you step into my shoes please.


Even after Affin makes about $240 million, CIMB is still not satisfied but came out with a research report IMMEDIATELY the very next day with a SELL CALL.....can you imagine this. Yes, brother bursalchemy, I had sold Affin at $3.60+ before & I know of Affin's strength. I just recommend Affin to you all but now after a few month you come out with your pistols fully loaded & shooting at me......next time, please don't look at my writings here & please don't even touch any of my tips.....most probably I may not be giving any more tips but simply trade on my own as I had always done since I started trading from 1991 & I am still surviving good for the past 20 years by just trading on my own. Yes, whether you buy or not on my tips, it you yourself that makes the decision.....you press the BUY BUTTON & you are fully responsible & not me as I didn't force you to push that BUY button, do I?

Yes, brother bursalchemy, do whatever you like with BSKL & do you own selection as I am the least bothered now with such sarcastic remarks.....so next time open you own eyes first, do some sincere research & do some real homework yourself as now I will just be a silent reader & no more contributing anymore here.......cause whatever I had done for members here I get condemned & even get cursed by David in Facebook too......now, please brother bursalchemy, step into my shoes please, you are most welcome to do this.


Cheers.

Bro Scythe... i scared touching penny stock... is your penny stock recommendation safe?

I dunno.. No one is forcing you to touch also.. I am sharing only.. Touch or not to touch, all your decision.

Yesterday recommend GPRO, Flonic, Wijaya, Denko + Malton.

Wijaya - Met TP 0.63
GPRO - Hoot up, unfinished yet
Flonic - Hoot up, unfinished yet

Denko - Open 0.495. My TP 0.50.. So no need to see already, don't need to play.

Malton - Laggard..

This post has been edited by Bonescythe: Sep 22 2011, 12:19 AM

I bought Stock A in June because it's one of the few quality stocks still trading in single digit PE. My stock, although battered, remains fundamentally sound. I'm thinking of cutting loss to free up capital for other stocks (in industries that I prefer) that are trading at bargain prices now, and may go lower. My fear is not of financial losses or the company going brankrupt, but of lost opportunities

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Added on September 22, 2011, 12:27 amJust think with a cool head and cold heart ...... then ..... just do it!

This post has been edited by Veda: Sep 22 2011, 12:27 AM

thanks bro.

Do you think I should get historical data from chart nexus or just use tradesignum? do u have any other recommendation?

Should be around 1-2% only.

Guys,

S&P500 fighting hard at 1190 level. If it can't hold,
there will be big puke fest coming.. get ready.

Yea, please do own research.. Don't blindly follow.
Tradesignum should be a good one i guess.. But historical data does not work quite well in this kind of stock. These are all goreng stock, small event can lead to big goreng.

If u want to compare result, probably on the big cap counter.. Fundamentally sound counter.. That could justify your action, because those counter are for long holding purposes. Looking back at those data can help u justify where to enter, where is long term support and resistance.

Here in this kind of goreng, use short term technical analysis.

+1

ok bro

yahoo may be a data laggard. I might not see the live figure, but now I hope it does not go below 1193.

This post has been edited by primepeng: Sep 22 2011, 12:40 AM

THanks alot anyway !!!

cause this is the support for the entire session. I am using any tool to guide me, just pure observation. So am I right about the lower support here?

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Added on September 22, 2011, 1:00 amtoday is the second and last day(21st) of the meeting. Whether the traders/investors are content or not with the final decision, it will be reflected in the index graph, ie DJ and S&P.

This post has been edited by primepeng: Sep 22 2011, 01:00 AM