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 STOCK MARKET DISCUSSION V150

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AVFAN
post Mar 4 2021, 09:43 AM

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QUOTE(statikinetic @ Mar 4 2021, 09:37 AM)
Pinch of salt.
He is saying he sold all 3 weeks ago, but his articles written in support of SPMX was all the way up to last week. Just doesn't jive for me.
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he totally discredited and discounted himself with that write up.

thought he was half fake, now it is confirmed he is 100% fake, 100% bad news. biggrin.gif
skty
post Mar 4 2021, 09:46 AM

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wow. I thought gloves going to go quiet for few days after yesterday washing.

but seem the support keep coming.

QUOTE(statikinetic @ Mar 4 2021, 08:37 AM)
Thank you for the link.

I have the view that you are right. Sometimes the saying "FA is useless in Bursa" is done tongue in cheek, which is fine. But some folks seem to really believe it now, seems a red position can do wonders in converting followers to a cause. This affects mostly newer people in the pond, but some oldies may not be spared.

Almost everyone claims to be an investor but is actually a trader. Not by any deception on their part, but by a lack of understanding of the terms.
Most claim to do their FA, but then measure the results based on a short term trading timescale instead of an investor timescale. The surest sign to self check is to see when you buy a stock, it drops a week after and you feel jumpy. Price drops lower for 3 months and you feel "trapped". That's trading.

If your FA is done right and hoping you covered most scenarios, as an investor the thought at the back of your head will be "It'll come back".
But truth be told, investing is probably suited to the minority. As Warren once said, nobody wants to get rich slow. And a lot will be uncomfortable sitting in red.
*
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SUSlowya
post Mar 4 2021, 09:47 AM

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"I am ashamed to admit that I learned my most expensive lesson which is TA is more important than FA"

well according to TA, you would be buying glove lower maybe next week (chapter reversal play).

the thing is even TA has many branches of thoughts, just saying TA > FA doesn't even make any point.

Many TA genre conflicting each other too, classic example overbought in trending continue to stay ob as it trends higher.

actually going for tech stocks is actually a FA play, with semicon growth continues to stay strong churning in escalating eps q to q.

for me the FA is to let you choose the watchlist, the TA is for your risk and position size management and entry/exit management. Both play different part. FA should not be a signal to enter.

This post has been edited by lowya: Mar 4 2021, 09:57 AM
ChAOoz
post Mar 4 2021, 09:48 AM

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Midas touch gone liao. Plastic packaging is not flying as predicted. Is this old bursa coming back oh noooo....

But atleast both tguan and scientex is pretty resilient. If tguan hit <10 pe its a no brainer guys. Im waiting for that to add.
icemanfx
post Mar 4 2021, 09:49 AM

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QUOTE(lauwenhan @ Mar 4 2021, 09:31 AM)
Find a counter that most people are still bearish (hesitant to go in) and backed by fundamentals and trend/hype/momentum. You don't want counters like BAT that has dropped 50%. Find one with positive momentum and good thematic play. Steel/tech/glove/entertainment/logistics/aluminium. Most of technical analysis is just (Not letting people to cut loss and dump on you, and following the smart money). Uncle auntie in BAT stuck for years you think it is going to go up to RM60 again?

The famous "head and shoulder" technical pattern can literally be translated into "People chased high stuck at high floor. Sell first so these bagholders don't get to cut loss and stock price will go down".But this usually applies to garbage penny stocks with no fundamentals and intraday traders.
It is not going to be the next TG if everyone else thinks so. Everyone thought Mr DIY was going to crash hard after IPO. Didn't happen. Most people kept buying the dip in Supermax because "buy the fear, sell the greed". Didn't happen. For a more short term and recent example, people thought Ambank will limit down twice. Being a contrarian, I bought the dip yesterday because I think it was plain overreaction and irrational panic

If everyone has the same bullish thesis, it has a lower probability to happen because the momentum has already priced in. (All bulls have already bought in, no more external factors/bears turned bulls). Tesla, every shorts have been killed and no one else is bearish on Tesla, now it is finally having a correction.

Also, FOMO is a drug. Reading stuffs on i3 is fun occasionally and putting your hard-earned money on the line because some forumers hyping up a stock is not a cool idea.

TLDR; Jump in when everyone else is in doubt. Not when everyone is in celebration mode.

Again, for my daily dose of shitpost, Bursa tech is not dead. To 100 we go
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One could defy gravity temporary; long term economic equilibrium always prevail.

QUOTE(ChAOoz @ Mar 4 2021, 09:38 AM)
The i sold all blogpost is out. Cant say we are not expecting this right? In the end he still earn one la, probably selling all the way down while writing blogpost, so livermore market operator style haha.

His pattern always same sop, hype it up with fundamental to extraordinary level, the  sell it all the way down and let other pick up the broken pieces. Company will still stay intact but shareholder money get burn
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Kyy is a giant old croc.
skty
post Mar 4 2021, 09:52 AM

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QUOTE(skty @ Feb 19 2021, 03:59 PM)
Enter Greenyb, Karyon, Ifcamsc for TRADING.

Topped up SOLUTN for the 3rd time this morning on weakness.

Heart pain when decided not to go into CNI yesterday  wink.gif
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sold Greenyb for 31%. biggrin.gif
icemanfx
post Mar 4 2021, 09:53 AM

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QUOTE(skty @ Mar 4 2021, 09:46 AM)
wow. I thought gloves going to go quiet for few days after yesterday washing.

but seem the support keep coming.
:thumbsup:
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Many are vested, support will persist for a long time.
AVFAN
post Mar 4 2021, 09:54 AM

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QUOTE(HJebat @ Mar 4 2021, 09:30 AM)
Thanks for highlighting it.

Was just about to reach out to my remisier enquiring about stamp duty.

I kena charge when I sold Supermax this week, but it was not charged when I bought it last year.
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supermax exemption ended earlier, think it was 1 jan 2021.

others like comfort, careplus ended 1 mar 2021.

QUOTE(skty @ Mar 4 2021, 09:46 AM)
wow. I thought gloves going to go quiet for few days after yesterday washing.

but seem the support keep coming.
thumbsup.gif
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for a minute, i thought all gains from yesterday will be wiped out! laugh.gif
mujinkun
post Mar 4 2021, 09:55 AM

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Sifus.

What is the right time and moment to make any purchase on BursaMalaysia?

Tqs in advance
SUSlowya
post Mar 4 2021, 09:58 AM

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QUOTE(mujinkun @ Mar 4 2021, 09:55 AM)
Sifus.

What is the right time and moment to make any purchase on BursaMalaysia?

Tqs in advance
*
the time and moment you are clear and confident what you are going to do.
Boon3
post Mar 4 2021, 10:00 AM

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QUOTE(statikinetic @ Mar 4 2021, 09:37 AM)
Pinch of salt.
He is saying he sold all 3 weeks ago, but his articles written in support of SPMX was all the way up to last week. Just doesn't jive for me.
*
laugh.gif

And here we are yet once more.

Didn't I forewarn about all his shit since long ago.

Look at the 31st Dec 2020 post.... post #42236 and post #42262

read again .... these are the stuff he does.

And yes, SELLING all out 3 weeks ago only to update later, this has happened before. Many times.


Hope now more will understand why I despise him and the reposting of his articles.

By reposting his article, one is only amplifying his shenanigans.



Minum teh la ......................... thumbup.gif


icemanfx
post Mar 4 2021, 10:00 AM

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QUOTE(mujinkun @ Mar 4 2021, 09:55 AM)
Sifus.

What is the right time and moment to make any purchase on BursaMalaysia?

Tqs in advance
*
When blood is knee deep on the floor.
mujinkun
post Mar 4 2021, 10:03 AM

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QUOTE(icemanfx @ Mar 4 2021, 10:00 AM)
When blood is knee deep on the floor.
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Got its...Its Warren Buffet time...
icemanfx
post Mar 4 2021, 10:03 AM

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QUOTE(Boon3 @ Mar 4 2021, 10:00 AM)
laugh.gif

And here we are yet once more.

Didn't I forewarn about all his shit since long ago.

Look at the 31st Dec 2020 post.... post #42236 and  post #42262

read again .... these are the stuff he does.

And yes, SELLING all out 3 weeks ago only to update later, this has happened before. Many times.
Hope now more will understand why I despise him and the reposting of his articles.

By reposting his article, one is only amplifying his shenanigans.
Minum teh la ......................... thumbup.gif
*
When the herd is frenzy feeding, any contrary/different advise is noise.

This post has been edited by icemanfx: Mar 4 2021, 10:03 AM
qsrt1616
post Mar 4 2021, 10:03 AM

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QUOTE(mujinkun @ Mar 4 2021, 09:55 AM)
Sifus.

What is the right time and moment to make any purchase on BursaMalaysia?

Tqs in advance
*
I like to buy on Thursday and Friday. My best performing plays usually happen on these days

After 4pm is always fun to buy because I believe most contra settlement is around that time right? Anyone playing margin can explain what time you guys need to settle the funds?

This post has been edited by lauwenhan: Mar 4 2021, 10:04 AM
SUSlowya
post Mar 4 2021, 10:05 AM

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on KYY's "there are many more poor nations who cannot afford to buy the vaccine. "

1. vaccine is USD10 per dose is cheaper than glove in the long run.

2. HOWEVER, the current vaccines cannot prevent infection nor transmission, hence glove needed.

3. the virus losses it's potency as it spread wider.

4. HOWEVER, vaccinations can trigger more strains of virus.

so it's debatable 1 vs 2, and 3 vs 4, depending on which side of the coin you look at.

much like a TA vs FA issues.

This post has been edited by lowya: Mar 4 2021, 10:06 AM
ChAOoz
post Mar 4 2021, 10:07 AM

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QUOTE(Boon3 @ Mar 4 2021, 10:00 AM)
laugh.gif

And here we are yet once more.

Didn't I forewarn about all his shit since long ago.

Look at the 31st Dec 2020 post.... post #42236 and  post #42262

read again .... these are the stuff he does.

And yes, SELLING all out 3 weeks ago only to update later, this has happened before. Many times.
Hope now more will understand why I despise him and the reposting of his articles.

By reposting his article, one is only amplifying his shenanigans.
Minum teh la ......................... thumbup.gif
*
New blood get slaughter, thats why this market left all old bird only in the end, and not exciting already if this happen.

howyoulikethat
post Mar 4 2021, 10:07 AM

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QUOTE(lowya @ Mar 4 2021, 09:58 AM)
the time and moment you are clear and confident what you are going to do.
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Sounds superficial, but there is isi tersirat inside this.

When one is confident about buying a stock, he/she have done adequate research & able to hold the stock even when Mr Market bashes down the share price. One would have a trading plan b4 entering a trade. (admittedly planning my exit point is something I'm lacking)

One would also be able to spot an opportunity & pounce on it decisively, eg those who bought BursaMalaysia when it dipped to RM8.
SUSlowya
post Mar 4 2021, 10:11 AM

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on KYY's 27 Feb 2021 Supermax: My last sermon "For no logical reason, all the glove stocks have been dropping in the last 4 months while the companies are making more and more profit. It is so ridiculous and defies investment logic. "

this is the part i would say if u don't see any trend on your side, it's time to get out.

if he is talking about TA > FA, he should be talking about trend, which is a friend gloves stocks don't have.
icemanfx
post Mar 4 2021, 10:13 AM

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QUOTE(ChAOoz @ Mar 4 2021, 10:07 AM)
New blood get slaughter, thats why this market left all old bird only in the end, and not exciting already if this happen.
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Statistically, about 70% retailers lose money. For reasons, after bull run has ended, many retailers/investors retired from the market.

This post has been edited by icemanfx: Mar 4 2021, 10:17 AM

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