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 STOCK MARKET DISCUSSION V150

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ZeroSOFInfinity
post Sep 11 2020, 08:57 AM

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Rakuten today.....

"Glove likely see technical rebound. Investors may take some position for rebound play".

In short - down down down today. Buy on dips.

(TG and Supermax sell queue REALLY doesnt make for good reading now.... ready for the fall in 3.....2.......1........)

This post has been edited by ZeroSOFInfinity: Sep 11 2020, 08:59 AM
ZeroSOFInfinity
post Sep 11 2020, 09:11 AM

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10 mins and we have a big see saw for gloves. Think we would know the answer by next 10.
ZeroSOFInfinity
post Sep 11 2020, 09:14 AM

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6.9 for TG.
ZeroSOFInfinity
post Sep 11 2020, 09:19 AM

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This is it guys. No more turning back. Either hold at loss today awaiting rebound next week..... or there is a rebound coming soon.
ZeroSOFInfinity
post Sep 11 2020, 09:32 AM

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A very great battle currently happening...... it seems that sharks and IBs are running out of bullets....?

Good sign..... most of TG warrants are in green, and in top 20.

This post has been edited by ZeroSOFInfinity: Sep 11 2020, 09:33 AM
ZeroSOFInfinity
post Sep 11 2020, 09:36 AM

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Finally for the first time in a week, I see TG in my portfolio in GREEN!
ZeroSOFInfinity
post Sep 11 2020, 09:37 AM

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QUOTE(kweil @ Sep 11 2020, 09:36 AM)
gloves gonna bring bursa back to green..
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Looks like it. See the list of most losses. Its blues.
ZeroSOFInfinity
post Sep 11 2020, 09:41 AM

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Rubberex, you wanna be king is it? Naik so much lol.
ZeroSOFInfinity
post Sep 11 2020, 09:43 AM

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We are the only one in green?
ZeroSOFInfinity
post Sep 11 2020, 09:44 AM

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QUOTE(Arvinaaaaa @ Sep 11 2020, 09:42 AM)
Congratz to those who buy glove stock yesterday
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Did Tan Sri asked you to come here and convince us? brows.gif
ZeroSOFInfinity
post Sep 11 2020, 09:53 AM

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QUOTE(triple02 @ Sep 11 2020, 09:49 AM)
Kena burn looking at the first hour of trading many times already..

I'll wait and see for the 10am and 11am show
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If gloves survive the first hour, usually it will be in green for whole day.
ZeroSOFInfinity
post Sep 11 2020, 09:55 AM

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Tenaga, Maybank falling... withdrawal for gloves?
ZeroSOFInfinity
post Sep 11 2020, 10:14 AM

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QUOTE(B@rt @ Sep 11 2020, 10:03 AM)
I am so tempted to go back into gloves today but what if good Vaccine news happen over the weekend then habis cerita...
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50:50.

The biggest catalyst to remain positive is TG results next Thursday. The one for negative is Vaccine. Take your pick.
ZeroSOFInfinity
post Sep 11 2020, 10:16 AM

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QUOTE(Vanguard 2015 @ Sep 11 2020, 10:05 AM)
Just to put things in perspective again. I posted this a few years ago and so did lowya recently.

Reproduced without permission from Bogleheads.

"With a loss of 10%, one needs a gain of about 11% to recover. (A market correction)

With a loss of 20%, one needs a gain of 25% to recover. (A bear market)

With a loss of 30%, one needs a gain of about 43% to recover.

With a loss of 40%, one needs a gain of about 67% to recover.

With a loss of 50%, one needs a gain of 100% to recover. (That's right, if you lose half your money you need to double what you have left to get back to even.)

With a loss of 100%, you are starting over from zero. And remember, anything multiplied by zero is still zero."

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10% currently. Therefore need 11% whistling.gif
ZeroSOFInfinity
post Sep 11 2020, 10:19 AM

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QUOTE(kembayang @ Sep 11 2020, 10:15 AM)
Is this a second dead cat bounce for gloves? Time will tell.
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1st leg - survive morning session today (continue in green)
2nd leg - survive evening session today (profit taking?)
3rd leg - survive weekend (good news, no shocking or bad ones)
4th leg - survive Mon and Tues (before Wed holiday).
5th leg - survive Thur (when TG announce results).

If pass all 5, then dead cat bounce is not. Even at 4th one, would be OK.
ZeroSOFInfinity
post Sep 11 2020, 10:20 AM

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Harta and Kossan not much support.... all going Top 2 and Rubberex....
ZeroSOFInfinity
post Sep 11 2020, 10:22 AM

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QUOTE(ComingBackSoon @ Sep 11 2020, 10:13 AM)
Dont feel like vaccine news impact that great anymore.

IMO the rebound is because severe bleed over last few days and due fore rebound. And alsofuelled by stock buyback and speculation on upcoming result next week, as well as what tan sri will say in his interview later this evening. Last round he made magic after EGM...
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Pharmas also got back in green. Think the dumping is all done.

Tonight if Tan Sri says "hey, US Customs issue is gonna resolve soon (or already resolved), and we're gonna give special dividends"........... brows.gif brows.gif brows.gif
ZeroSOFInfinity
post Sep 11 2020, 10:25 AM

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QUOTE(anakMY @ Sep 11 2020, 10:24 AM)
if it were to rebound, the big funds are really cunning, Im sure yesterday a lot of retailers already panic sell. Who are the one collecting Im not sure lol.
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Definately not we ikan bilis. Sharks and IBs. They have warchests we can only dream off.
ZeroSOFInfinity
post Sep 11 2020, 10:27 AM

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QUOTE(lauwenhan @ Sep 11 2020, 10:25 AM)
user posted image
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Your HLT loss is..... staggering to say the least.
ZeroSOFInfinity
post Sep 11 2020, 10:33 AM

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QUOTE(HereToLearn @ Sep 11 2020, 10:31 AM)
Strong rebound in gloves, top kek.

Also new update, foreign fund in 2 days in a row

Congrats those who entered yesterday
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Should have bought at the price at close yesterday. But you know lah.... fear and caution of next day possible drop. Still.... congrats those holding. thumbup.gif
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