The big money is always in the waiting..

Me think still OK la...

IMO I think it's just building itself up for the next leg up.

Are you in it to win it?

Buy more la.... at 153?

And of course the very scientific chart of the coming weeks....

August and September is coming...

Pong Pong Ssway sifoo says all gains will be given back by end Sept... and from where we are ... that should be a loss of over 190 pts and counting.

Why should TP set at 150?

I don't use TP la...

Ok I lied.
The TP I use is toilet paper.

Seriously... I am not one to use Target Prices.

And if I don't have... like I said... I might even buy at 153! LOL!

This one also getting whacked until out of shape hor.

Yesterday volume... err ...

On the other hand, this other tailou died earlier and it looks as if it's in the process of finding its feet.

Shiit... spammer.

This other tailou also can be considered died ealier jor..

Looks like it's also in the process of finding of finding its feet... but then some might ask if the *C is the current stabilizing factor?

Consolidating after announcing another decent set of earnings + *C ?
Or as some might say 'sell on news'?
Or should one continue to sit?

Consolidating after recent run with high at 32 sen.
Looks like 32 is the immediate R.

Correction.. not rajin la... was just very bored.

Forever up ones are good especially if you are patiently sitting in it.
To get big gains, you have to wait.
How to get 3x or 4x winners if you don't wait?
It's the same with investing or is the investing following the trading?
Investors don't pull the plants out upon seeing the first bloom of flowers, do they?

Those falling ones...

I know... you like cos .... you are drilled that buying something 'cheaper' is a good thing.
I know ... very hard to argue against that reasoning. Haha.
But in the stock market, I have seen incidents where all it takes is one bad falling cheap stock to whack you out of the game.
I saw it in Transmil last time.
Kaki thought when Tranmil fell kau-kau, it was opportunity of life time to buy something 'good' at a much 'cheaper' price.
How can it be bad? They argued.
Rich man Billionaire Kuok got big stake in the stock wor.
How can he let it die.
Kaki bought a lot when it limit down the second time.
When it rebounded a fair bit, he was convinced he was so right.
He bought more.
When Tranmil resumed falling.. he constantly bought more.
Still saying Kuok will not let Tranmil die.
He was wrong.
I am sure he lost at least 250k (maybe more) in that stock. He denied. Saying only 100+.

When the stock is in its initial falling stage, what would really hurt is buying and then to see the stock continue to fall and have no idea why the stock keeps falling and have no idea when it will stop falling.
If I want, I would rather wait a bit first.
Let the selling finish first and not do the risky thing of guessing where and when the stock will stop falling.

Waiting to buy is as important as waiting to sell.

At that time, Transmil was made to look nice cos of fake accounting. (fake account showed solid growth)
Kaki still bought once the news was announced.
Argued based on his buying price vs highest price
Argued even more kau-kau citing Kuok factor.

Yeah... stock game is sometime very weird one.
Sometimes buta-buta machine gun shoot, everything also can win big (as seen after GE. )
Sometimes think-think until brain juice spill all out... buy and then still can lose money.

Compare the early morning chart...



with this one just taken...



See the volume and the fall? Isn't it gathering momentum?

Take out the bigger zoom chart to see where we are at...



This post has been edited by Boon3: Jul 25 2013, 10:57 AM

Wait I call Uncle Pong direct line for consultation first......

Macha! I only know one and only one Uncle Pong lah!

Vincent Tan, Quek, Peter Lim.. all also dunno who I am.

Where you go?

This time your calculation is correct.
1600 by end Sept hor...

1700 count as Uncle Pong count wrong math hor..

Edit... attach Uncle Pong lengzhai chart.



This post has been edited by Boon3: Jul 25 2013, 12:06 PM

EPF?

What also you say one.

For the record..

Jan: 1627.55
Feb: 1,637.63 - up 10.08
March: 1,671.63 - up 34.00
Apr: 1,717.65 - up 46.02
May: 1,769.22 - up 52
June: 1773.54 - up 4.3

Now we are at 1810.

You no scare what Uncle Pong say meh?

Uncle Pong say we muntah everything back the next two months wor....