Wait 2 more days la, no FOMO

Gloves are semi-cyclical, every pandemic, share price spike. This spike this year was nothing like before because covid is nothing like before

This post has been edited by HereToLearn: Sep 9 2020, 03:07 PM

Will have to normalize, just a matter of time.

Buy counters that underperform now at their extremes, they will normalize too, just a matter of time

This post has been edited by HereToLearn: Sep 9 2020, 03:10 PM

Put warrants

High risk high return. Cannot take this kind of risk then invest in dividend counters with SUSTAINABLE business e.g. PANAMY. Then, you can count how many years do you need to get back all the capital invested.
SUSTAINABLE (e.g. NTA, profit doesnt keep dropping)

PS: I dont have any sakes in panamy, just using it as an example

This post has been edited by HereToLearn: Sep 9 2020, 03:15 PM

Double top + lower high lower low in healthcare sector

All b4 gloves neckline broken.

What else do traders need to cut loss?

Boss, my utc friend asking clients to move out of gloves and tech days ago into bonds. I tak tau sia. Maybe he waiting for signs in another sectors, then move the funds out back.

Most of the UT funds tak de plantation, so maybe he is asking ppl to stay in bonds/money market and wait 1st.

We wait 2mr see OPR decision and 11 sept on unemployment data, double +ve news only go in, but this cannot trade like gloves ah. This is for investment purpose

Bro, I am a value investor

If OPR decision 2mr good, can close index short position already. Be alert at 3pm

No more cuts as cutting is to spur economy recovery, no more cuts = economy recovery already going into the right direction
Then, it OPR no cut is supported by significant unemployment decline. You know that the economy recovery play is near.

If cut, just wait until BNM Nov MPC meeting

Some might want to put the money into work while waiting, you can put into money market fund (no fixed tenure), or bonds, or keep trading

This post has been edited by HereToLearn: Sep 9 2020, 04:15 PM

At least need to understand the basics for charts to complement investment decision after FA

Hahaha, follow pure FA can die man, I bought some banks follow pure long term FA ignoring market sentiment. In the long run, I think I will be fine, but in the short run, drop until laosai already
To me, market sentiment is as important as FA FOR SHORT TERM bottom fishing. With TA, it might be able to help to fish at a lower price instead of following FA and buy below intrinsic value

10/10

Follow FB sifu confirm die, just like follow property guru all bring to holland, stocks is still ok. wont bankrupt. Few who follow property gurus bankrupted already

Google AW, GC, u know la or just read lowyat Malaysia property guru. They made so many ppl suffer, yet they still living rich and ez life
https://forum.lowyat.net/topic/4759778/+1700
Read the whole thing when you have time

Good luck boys, if 2mr OPR cut futher, might bring back a little bit of liquidity back into the market

Rotational play already, cause gloves profit is not sustainable


*Took this from traders corner lowyat (giving Boon3 the credit)

CIMB analyst predict the earnings normalization come in 2022.

Now, we just need to know where will the fund go in after gloves and tech run

Not more than 90%? What I read online is 90% of traders lose money

Harta hitting support level now, if break below 12, we will see RM7 in the making