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 STOCK MARKET DISCUSSION V150

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HereToLearn
post Sep 8 2020, 11:24 AM

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QUOTE(crystalclearlah @ Sep 8 2020, 11:20 AM)
Where can I find real time data for volume of retailers vs funds?
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You cant, they only give the data with 1 day delay.

Here to mention again
When we have bearish trends in trading counters, dont die die hold. Wait for trend reversal, only re-enter if you still want to trade .
Always use stop loss function
HereToLearn
post Sep 8 2020, 11:25 AM

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QUOTE(lauwenhan @ Sep 8 2020, 11:22 AM)
Thanks for the input. already started looking into it.
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Very risky ah, just saying
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post Sep 8 2020, 11:35 AM

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QUOTE(brokenbomb @ Sep 8 2020, 11:32 AM)
What happen to GCB
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Everything also drops, nothing special happened to all counters
HereToLearn
post Sep 8 2020, 11:44 AM

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QUOTE(Duckies @ Sep 8 2020, 11:37 AM)
But down sampai limit down..something unusual hmm..
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Gcb got limit down? which gcb is this?
HereToLearn
post Sep 8 2020, 11:47 AM

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where got limit down, not +/- 30% only limit?
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post Sep 8 2020, 11:55 AM

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QUOTE(Duckies @ Sep 8 2020, 11:52 AM)
It's down 23% at 2.7 now..7% more limit down. I thought GCB is relatively stable? Why sudden huge down hmm.gif

EDIT: Wow super recovery back to 3.2 as of this post!
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Just read on i3 lol, wah it did have a huge drop

This post has been edited by HereToLearn: Sep 8 2020, 11:56 AM
HereToLearn
post Sep 8 2020, 12:40 PM

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Head and shoulder pattern: Harta and Kossan
Double top patterm: Topglov and Supermax

Neckline
- Topglove: RM22.42 (RM7.47 after BI)
- Harta: RM15.56
- Supermax: RM 16.7 (RM8.35 after BI)
- Kossan: RM13.68 (RM6.84 after BI)

https://www.thestar.com.my/business/busines...etail-investors
Party over for Harta and Kossan

SUPERMAX almost broke the neckline, stay alert guys
HereToLearn
post Sep 8 2020, 12:45 PM

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QUOTE(ben3003 @ Sep 8 2020, 12:41 PM)
what will happen if break neckline
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Traders who follow technical analysis will sell, bear in mind that there are more traders than investors in most bursa counters now. Especially for the retailers-fall-in-love stocks
HereToLearn
post Sep 8 2020, 01:10 PM

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QUOTE(theberry @ Sep 8 2020, 01:06 PM)
Quickly renew to longer term before opr revision lol
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We have one old fox here. Smart move.

2 more days, no point speculating on opr decision. Just wait
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post Sep 8 2020, 01:12 PM

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QUOTE(skty @ Sep 8 2020, 01:10 PM)
today Bursa red red.

Winter discount! Big sale big sale!  biggrin.gif
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U been saying that for a long time, whn harta was still very very high.

Rebuy IF there is a trend reversal is much much more safer
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post Sep 8 2020, 01:48 PM

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QUOTE(Krv23490 @ Sep 8 2020, 01:45 PM)
am i right in assuming that this wont be the last cut this year
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Another MPC meeting in Nov, maximum 2 more cuts this year
HereToLearn
post Sep 8 2020, 01:57 PM

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QUOTE(ZeroSOFInfinity @ Sep 8 2020, 01:53 PM)
If next 2 days cut, and Nov cut again....................  sweat.gif  sweat.gif  sweat.gif  sweat.gif
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Thats why, just hold your horses and dont buy banks yet.
Wait for OPR decision and employment data.

If you dont want to put into FDs, buying bonds might be a god idea. Much better than buying downtrending counters, and hold. Lose money, lose opportunity cost.
If you are also scared of bonds, and dont want to lock money in FD, just put into money market funds
HereToLearn
post Sep 8 2020, 02:01 PM

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QUOTE(HereToLearn @ Sep 7 2020, 03:05 PM)
My friend (a unit trust consultant) is spooked by the gloves recent drop, now calling his clients to realize the gain (switching from the funds that are heavily invested in gloves counters to other non glove/tech funds).

When you buy any counters, make sure that the PE is justifiable for the expected/speculated EPS growth. It is even better/safer if that EPS growth is sustainable (wont turn into significant negative EPS growth e.g. profit margin compression in the near future)

Malaysia 'Tech/semicon' and gloves PEs are extremely high, be extra careful and study well before making your investment decisions.
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PS: he told his clients to move them into bonds. Not I recommend buying bonds one ah. He recommends one.
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post Sep 8 2020, 02:10 PM

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QUOTE(Krv23490 @ Sep 8 2020, 02:07 PM)
my asnita and nomura iincome fund is happy
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Glad to know that you have diversified portfolio of equities, bonds and cash funds.
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post Sep 8 2020, 02:15 PM

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QUOTE(AVFAN @ Sep 8 2020, 02:14 PM)
if they cut OPR another 3 times... print billions more new money to buy back bonds, give away billions of new free money to jobless...

and crude price keep dropping, RM keeps falling.

will u still keep your RM in FD or even RM bonds?! biggrin.gif
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You can go for gold or silver then
HereToLearn
post Sep 8 2020, 04:55 PM

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QUOTE(bronkos @ Sep 8 2020, 04:47 PM)
Wtf what’s wrong with kossan
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I already stated so many times, broke support line already, then run as traders will not buy.

Told you guys not to buy gloves, wait for trend reversal only go in. Die die dont want listen.
Told you guys not to buy banks yet, wait die die for MPC meeting and unemployment data, dont want listen - this luckily didnt drop as much after you went in

Hard...


Head and shoulder pattern: Harta and Kossan
Double top patterm: Topglov and Supermax

Neckline
- Topglove: RM22.42 (RM7.47 after BI)
- Harta: RM15.56
- Supermax: RM 16.7 (RM8.35 after BI)
- Kossan: RM13.68 (RM6.84 after BI)

https://www.thestar.com.my/business/busines...etail-investors
Party over for Harta and Kossan

SUPERMAX almost broke the neckline, stay alert guys
HereToLearn
post Sep 8 2020, 05:05 PM

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QUOTE(Krv23490 @ Sep 8 2020, 04:58 PM)
this is what happens why you try to short the index.. imagine those who short it.. suddenly shoot up in an instant..
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QUOTE(lowya @ Sep 8 2020, 05:00 PM)
rule #1 don't go against big brothers.
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LOL, luckily I did not short, no time to monitor

QUOTE(zstan @ Sep 8 2020, 04:59 PM)
well one week plus of declinen Maybank recovered back in 5 minutes...? ok good day today biggrin.gif
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Start with HLB, now maybank, whats next?
So fishy... But for now, I will play it safe and wait for BNM MPC meeting on Sept 10 and unemployment data on Sept 11
HereToLearn
post Sep 8 2020, 05:11 PM

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QUOTE(zstan @ Sep 8 2020, 05:10 PM)
not just maybank yo. tenaga, petdagang and pchem also high flyers. the real blue chips comeback?  rclxm9.gif  bruce.gif
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Maybe the rotational play is real, epf also seeing the trading hype is dying already

Not expecting so soon though, moratorium is like 20 days away and loan repayment deadline is like 50 days

This post has been edited by HereToLearn: Sep 8 2020, 05:12 PM
HereToLearn
post Sep 8 2020, 05:13 PM

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Why are u guys so sure thats epf? not foreign inflow?

If foreign fund starts coming back, blue chip only got chance rally all time high

This post has been edited by HereToLearn: Sep 8 2020, 05:14 PM
HereToLearn
post Sep 8 2020, 05:27 PM

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QUOTE(kembayang @ Sep 8 2020, 05:25 PM)
How you guys so certain that blue stocks supported by EPF on last minute move?
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2mr, we will know from market participant stats

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