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 STOCK MARKET DISCUSSION V150

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ZeroSOFInfinity
post Jun 30 2020, 10:51 AM

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QUOTE(AVFAN @ Jun 30 2020, 10:37 AM)
what counters r u watching?

want to sell to buy more of them?
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I am waiting to offload HLBB, but currently needs a quick rise in next 2 weeks before selling them. Then, the amount I got to put in RCE Cap, before ex-date. The rest I will put in MBB.
AVFAN
post Jun 30 2020, 10:53 AM

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QUOTE(theberry @ Jun 29 2020, 06:44 PM)
tomorrow k1 ...
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super high volume but RED.

QUOTE(ZeroSOFInfinity @ Jun 30 2020, 10:51 AM)
I am waiting to offload HLBB, but currently needs a quick rise in next 2 weeks before selling them. Then, the amount I got to put in RCE Cap, before ex-date. The rest I will put in MBB.
*
those... will take a lot to move them, up or down.
ZeroSOFInfinity
post Jun 30 2020, 10:54 AM

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QUOTE(AVFAN @ Jun 30 2020, 10:53 AM)
super high volume but RED.
those... will take a lot to move them, up or down.
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Yeah, but still.... if worse come to worse, I just take some money and buy first, then wait for HLBB to reach my target before selling.

BTW, dodged a bullet there in K1.....

This post has been edited by ZeroSOFInfinity: Jun 30 2020, 10:55 AM
theberry
post Jun 30 2020, 11:17 AM

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local retailer by end of the year maybe will run out of cash
all in shares already

This post has been edited by theberry: Jun 30 2020, 11:17 AM
infested_ysy
post Jun 30 2020, 11:18 AM

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What's going on with AT? I hear got people manipulate and causing the price to never go up?
AVFAN
post Jun 30 2020, 11:20 AM

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QUOTE(ZeroSOFInfinity @ Jun 30 2020, 10:54 AM)
Yeah, but still.... if worse come to worse, I just take some money and buy first, then wait for HLBB to reach my target before selling.

BTW, dodged a bullet there in K1.....
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i maintain my view... the only highly profitable sector/subsector in bursa now is gloves.

if u want to place some new money, look at gloves again.

the technicals are now showing big bull, will run up more for some time.

but nothing moves up or down in a straight line... gotta watch, buy at dips.

supermax hv now crossed 8.00, topglove 16.00.

harta will cross 13.00.

just the big 3 will do, no need to look at others. tongue.gif

ZeroSOFInfinity
post Jun 30 2020, 11:32 AM

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QUOTE(AVFAN @ Jun 30 2020, 11:20 AM)
i maintain my view... the only highly profitable sector/subsector in bursa now is gloves.

if u want to place some new money, look at gloves again.

the technicals are now showing big bull, will run up more for some time.

but nothing moves up or down in a straight line... gotta watch, buy at dips.

supermax hv now crossed 8.00, topglove 16.00.

harta will cross 13.00.

just the big 3 will do, no need to look at others. tongue.gif
*
Nah, after calculating the risks involved, amount of money required and got burned before, I will stay away from them. Too much hassle to buy and chase.

Decided that dividends are the way to go currently.
theberry
post Jun 30 2020, 12:02 PM

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greedy retailer chase high and higher will not be pity!
ZeroSOFInfinity
post Jun 30 2020, 12:11 PM

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Lol.... we really depend on gloves now.... the top 6 ranking now, 3 are the gloves (TG, Harta, Supermax). The other 3? Panasonic, Nestle and Dutch Lady.
icemanfx
post Jun 30 2020, 12:57 PM

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QUOTE(theberry @ Jun 30 2020, 11:17 AM)
local retailer by end of the year maybe will run out of cash
all in shares already
*
QUOTE(AVFAN @ Jun 30 2020, 11:20 AM)
i maintain my view... the only highly profitable sector/subsector in bursa now is gloves.

if u want to place some new money, look at gloves again.

the technicals are now showing big bull, will run up more for some time.

but nothing moves up or down in a straight line... gotta watch, buy at dips.

supermax hv now crossed 8.00, topglove 16.00.

harta will cross 13.00.

just the big 3 will do, no need to look at others. tongue.gif
*
QUOTE(theberry @ Jun 30 2020, 12:02 PM)
greedy retailer chase high and higher will not be pity!
*
Retail traders prefer to chase trend, buy high and sell higher. until fresh money is exhausted, price continue to rise and likely to set new record.

This post has been edited by icemanfx: Jun 30 2020, 12:58 PM
HereToLearn
post Jun 30 2020, 01:58 PM

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QUOTE(icemanfx @ Jun 30 2020, 12:57 PM)
Retail traders prefer to chase trend, buy high and sell higher. until fresh money is exhausted, price continue to rise and likely to set new record.
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Once retail traders come to a realization that the funds are exhausted, all will start cutting loss and the share prices will plunge. Better go with long term dividends now, too much risk for too little reward.
Just my 2 cents
icemanfx
post Jun 30 2020, 02:10 PM

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QUOTE(HereToLearn @ Jun 30 2020, 01:58 PM)
Once retail traders come to a realization that the funds are exhausted, all will start cutting loss and the share prices will plunge. Better go with long term dividends now, too much risk for too little reward.
Just my 2 cents
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Uncontrolled share price drop is normally caused by massive margin call selling.

This post has been edited by icemanfx: Jun 30 2020, 02:19 PM
theberry
post Jun 30 2020, 02:23 PM

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dow jones in red already
ZeroSOFInfinity
post Jun 30 2020, 02:43 PM

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QUOTE(theberry @ Jun 30 2020, 02:23 PM)
dow jones in red already
*
Where you saw that? It's still green on my side.

But I noted the share price of gloves are falling rapidly now....
theberry
post Jun 30 2020, 02:46 PM

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QUOTE(ZeroSOFInfinity @ Jun 30 2020, 02:43 PM)
Where you saw that? It's still green on my side.

But I noted the share price of gloves are falling rapidly now....
*
future is red console.gif
shi_jewelz P
post Jun 30 2020, 02:46 PM

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AT still sit back n relax.... hopefully anzo will bullish soon.
zstan
post Jun 30 2020, 02:56 PM

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QUOTE(theberry @ Jun 30 2020, 02:23 PM)
dow jones in red already
*
QUOTE(theberry @ Jun 30 2020, 02:46 PM)
future is  red  console.gif
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- 50 points only. still got hope.
SUSlowya
post Jun 30 2020, 03:11 PM

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ZeroSOFInfinity
post Jun 30 2020, 03:14 PM

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Whoever have profited from this morning in gloves area, better think of selling now.... it begins to fall.
AVFAN
post Jun 30 2020, 03:52 PM

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QUOTE(zstan @ Jun 30 2020, 02:56 PM)
- 50 points only. still got hope.
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-50 futures is nothing.

-500, u start to sweat. biggrin.gif

really, many "experts" expect dow to go for a 8-10% correction soon.

bursa has little foreign funds, may suffer less if that happens...??

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