My guess?

I don't think election is the 'main' issue la...
Main issue is a lot of stocks have really gone up far too much and far too long without a meaningful correction and for us to have this correction now, is very good moment.
So I have turned very positive about our market over the long term.
As usual, there is no rush to buy.
Be patient.
Wait for our comfort zone... and then ....

Yeah.. the share market is forever a waiting game.

Me think black swan(s) effects are so over used and over rated.

Indonesia is doing really well but I am not sure if I want to get 'in' there cos I think the 'timing' is past jor. ( I could be wrong lah, just my opinion on this issue)



What you want to learn about charting?

Start the basics lah...
Drawing of the trend lines..
Knowing where possible support and resistance..
Basic chart patterns..
Your lilins...
Then only start to learn your wonderful ABC soup indicators in charting...
like Bollinger Bands, Moving Averages lah.. the RSI la... etc etc...

If you post a chart..
I am sure we can always get a good discussion going... ( hopefully ) ...

And yeah... charting is always like a roadmap...
A roadmap assist you to go where you boldly want to go...
And try not to use a roadmap tell you where to go leh...




Oh yeah... I want more tips saham.

If the stock price remain yo-yo for quite some time, it means that the stock is stuck within a trading range.
Breaking out of this range still has many possibilities.
1. A real, strong and meaningful breakout of course is everyone's wet dream.
The stock erupts and a violent surge follows, causing the stock price to move drastically higher.
2. Bluff you breakouts.
Many small time traders can easily discover a stock stuck in a trading range.
After accumulating some shares, they act big, they think they can be the stock pipe piper.
These small timers then eat the stock causing the breakout..
Initially some traders will follow...
but once the buying momentum fades...
oh oh... the tipu breakout alarms starts to ring out loud..
and very soon the stock will falls back inside the trading range.
3. A stock could always still fall back to it's breakout point after breaking out...

I am not good or neither am I comfortable employing such tactics in my trading.
LOL! Maybe I am lousy.
And I don't like the waiting...
Waiting for a stock to breakout from its trading range is like trading a 9 month option...
everyday sitting and waiting.....
like waiting for a woman to give birth.. hehe
It can be very frustrating one...
and then when it breakouts...
we also have to pray that it breakout upwards... and not downwards...

Shit! After typing so long, I realise this is not your question. LOL!
A bollinger breakout is when the stock price closes above the bollinger band.
Yes, sometimes when a stock breakout from its trading range, depending on how strong the breakout, it could also break above the bollinger band.

The speed of decline in earnings is scary.
Next bad news?
JCY could start reporting losses once again...

Any other interesting stocks?

Need more stuff to look at.

Guilty!

Just itchy to expand my stock watch horizon.

---

Added on November 22, 2012, 5:14 pmI watching this one also..

Not sure if my eyes are seeing it straight ... LOL!
but it looks like the lows are getting higher..

Problem is... not sure how to enter...



This post has been edited by Boon3: Nov 22 2012, 05:14 PM

Forgot all about this thread.

Being a noob is never an excuse.
Can't see the tradesignum chart.
Apparently I guess you cannot link the chart url.
Instead you have to save the chart as a picture file, then load the picture onto lowyat.

I like to see the bigger picture.
The most significant thing you can see is the EXTREMELY strong trend that started Sep 2011.
Draw THIS trend line out.
Where is the stock trading now?
What does this suggest to you?
Does it look like that CURRENTLY Padini is not just consolidating but it has broken that strong uptrend of 2011?
And does it not look as if Padini has been trading on a new downtrend a couple of months already?
And if you agree that this is a downtrend, should you and do you want to be in a stock that this trending downwards?
Is it wise?
Where do you think the next support line?
So many questions and so little answers from me.

Ahhh Padini's hai...
Yes, many Xilai and chey-chey and tai kar chey do likes their Vinci hai...
But Padini is not only a hai store.
It sells clothes and in the fashion retail industry, Padini is facing severe competition.
The stuff Padini sells and the stuff their competitors sells, where can compare.
I would say for every 6 shopper, five would rather be in shops like Uniglo or HM.
It's a tough industry really.
Look at retailer like Parkson.
Business has slowed down and competition is tough.
And .... ho ho ho ... thanks to the BOOOOOOMing REITS industry, shopping malls rentals are more likely to increase than decrease.
Also consider this other implication.
Hai sells good.
Clothings no good.
But in fashion clothings inventory, the inventory should have a limited 'life-span'.
If the fashion goes out, what good is the left-over inventory?
Does this sound like a strong booming sector to be in long term?

Which reminds me of Teng Boo's ICAP. 2 out of 5 of the fund's biggest holding is in Parkson and Padini.
Both faces a huge wall of concern and uncertainty..
Can ICAP deliver as promised by Ah Boo come 2020?

But Ah Boo got plenty of diehard fanci.
They will note that ICAP owns a lot of Padini shares (IINM the value is more than 40 million) and because of this factor, you might see some wannabe long term investor wanting to buy Padini... all because Ah Boo's fund own shares in it.

Haiyah!

Cannot say no mood one.

Maybe you can try flickr.com.

Interesting! Arigato!

I am just watching for now...

Chef, good mah?

Ah Tan, how are you?
Make good money this round?

Chef Looooooooooooooooooooooong!!!