Fund managers don't care. They already finish their set-up. October 10 10/10/2021 Bursa Technology index 100.

No need technical/fundamental analysis. All about creating a growth story for retailers to FOMO. And this time everyone will want to FOMO. A lot of people hate me for being perma bull on this Lowyat forum but it is fine. As long as it is making money. We will see the biggest tech FOMO after 2000

Btw how do I buy 10x leverage calls on Bursa tech index next week?

This post has been edited by qsrt1616: Sep 18 2021, 09:57 PM

Haha no but it is alright

i thought you took profit already?

yeah lol told u to buy since last year. tech is like this one. If it is up, you hold for a long time. If it starts going down, you wait forever and dont do anything. The tech cycle reverses over a very long time horizon. Meaning you need to wait years for another correction or rebound. Basically any reversal

This post has been edited by qsrt1616: Sep 20 2021, 12:12 PM

Already have Baba and Apple puts ready lol. Go down go down la. Just another non-event because a lot of investors made a lot of money since March 2020. Naturally people want to take profits and find any excuse for the market to go down afterwards.

No need to make 24 September so mysterious la.
Let me tell what will happen on that day:

Normal stuffs. Evergrande bond possible default on Thursday. Fed decision. Interest rate decision. Taper announcement. That's it lol. The market has been talking about it every day since April 2021. Go down please. Let's get it over with.

*Remind me if I've missed any events

This post has been edited by qsrt1616: Sep 20 2021, 12:19 PM

I still think glove will be small blip in the long run. Well, my tech gains FAR surpass my losses in glove anyways. Because I still believe that there are only two things Malaysia can be proud of: Gloves and our strong connection with Chinese semiconductor industry. It used to be plantation though.

Should've put more money in Baba puts. I am up 300% on 150 strike on a 2000$

It is printing like crazy. Expiration October meaning I still have a lot of time to wait. This is one of my best trades this year. Finally one. Not going to get greedy and sold half of the contracts

This post has been edited by qsrt1616: Sep 21 2021, 12:52 AM

Being bullish on Bursa tech and Chinese tech is different. And yeah so? I was right and made money both sides. Long on Bursa short on China. Double home run, I am sorry you missed out on the best trades this year.

This post has been edited by qsrt1616: Sep 21 2021, 07:42 AM

If on October 10, Bursa tech index I don't see 100, I dump almost all and keep MPI only

Haha

This post has been edited by qsrt1616: Oct 6 2021, 04:30 PM

Wait until Friday and buy the dip. Selling on news especially in November (literally the best trading month) is the worst thing you can do.

One-off tax blah blah blah. So what. One financial quarter and it is all gone.

Buy the dip in tech/healthcare/cyclical. Everything. I am sick of local media pushing the same narrative again. But uncles are going to sell so what can we do. Today is probably icemanfx's dream.

This post has been edited by qsrt1616: Nov 1 2021, 08:12 AM

Dump tech companies before December lol

This post has been edited by qsrt1616: Nov 12 2021, 07:01 PM

x

This post has been edited by qsrt1616: Nov 17 2021, 03:33 PM

What a terrible day for the market. Holy shit everything is tanking. It's not like we had a great year for Malaysian equities either. Didn't even make a lot of money yet when the entire market tanks, it doesn't just drop, it freaking plummets*

Waterfall style. At least when Tesla dropped, it literally went up 100%. Unlucky for Bursa investors. Bursa is like a shorting heaven for foreign institutional investor. Don't even think of foreign investors as saviours/heroes. They can short Bursa too, remember. Foreign investor is one of the biggest FIFO customers of KL Stock Exchange. AKA Shark day trader

This post has been edited by qsrt1616: Nov 17 2021, 03:25 PM

Usually the deep red stocks you see today. Yeah, most of them won't do very well for this quarter. But since you are a long term holder, just BUY THE DIP

x

This post has been edited by qsrt1616: Nov 17 2021, 03:45 PM

2% is nothing

-

This post has been edited by qsrt1616: Nov 17 2021, 03:45 PM

Lending companies, consumer discretionary will do well for sure. Tech companies will trade flat next year lol but it won't crash like most people wish. It will stay high for a looonnng time. Properties suck

This post has been edited by qsrt1616: Nov 17 2021, 03:37 PM

To be honest, not really excited about stocks anymore now. Time to sell and spend your hard-earned war spoils instead of being hammered by institutional investor every day. Sell it all and take your family to a nice restaurant

This post has been edited by qsrt1616: Nov 17 2021, 03:46 PM