I have just gotten out as well, i do what feels right to my heart and my gut. You know when a car goes too fast you get scare as well of the possibility of an accident.

If market cannot agree now, i shall wait and see if it agree with me on a later date or perhaps we were wrong

Was being grumpy.... missing my morning lim kopi sessions.....

Ya... no complains ... and I won't be looking for re-entry.... not one that goes for 2nd helpings....

MI, Inari and Uchi all had nice moves this morning.... and MPI .....
MPI can't really complain ... cos I chose UW ..... but man, the momentum is really solid. What a pity.

IKR.

So missing .... the morning lim kopi .............

Missing a life

I think tech sector in bursa has reach it's peak based on today movement

I think only. No rewards by guessing correct or wrong

soo peak I also chicken leg to scale

It’s been rising for so long already, time for correction.

Many people have been buying into the sector based on “promised” return and future demand. Anything that is “tech” related gets pushed for no reason lol. So margin of safety is really small. Any QR that doesn’t deliver up to expectation will cause a drop in share price...by right la..





This post has been edited by MedElite23: Feb 4 2021, 12:40 PM

Tech has reach 100 - 150x PE for some companies locally.
Apple and Microsoft are at around 40 - 50. Netflix and Amazon is 80 - 90. And these are the biggest global companies.

Even if Tech explodes and realizes that PE, I would absolutely not have any FOMO because of how it looks at this point in time.

Need to develop your own selling setups.

It's much better than .... 'i think' .....

I feel a precious coconut about to fall from the tree!
Need to shake a bit more.

Huh.......

Sounds like you about to drop a tip-sy for us.

The other day, you yourself gave the scream tipsy..... ;w

confirmation of set up will be determined on tomorrow closing

frontken is likely to report it's QR on tomorrow lunch

Not all tech stocks are the same... but if one or two of the big leaders starts declining.... ahem...

Here's the current live chart of MPI as of midday...



Those blue lines were posted in Sep...




For MPI, I would place it on the 'ready to sell' list.... yup... if I have ... I better squat by the screen and if it goes below 36, it would be time for me to bugger off.
Yes, there are some signs that perhaps it's a good time time to sell for a really nice profit...
not 100% conclusive.... but .............



statikinetic



This post has been edited by Boon3: Feb 4 2021, 01:20 PM

frontken is from the goreng family .... so I dunno anything on it...............

what do you mean by goreng family?

it's subsidiary in taiwan is one of the vendor for TSMC

from what i see, it's a company with strong fundamental minus it's over hype valuation

This post has been edited by squarepilot: Feb 4 2021, 01:24 PM

Definitely good enough, the current valuation makes me dizzy.
While the music is still play, may be a good time to secure a chair.

I agree with by sell-buy relationship in learning when to sell and secure your profit is important.
Like poker players say, don't count your money while still sitting at the table.

Selling is a window. The worse your buying position, the smaller the sell window. The worst buying position means there is no sell window at all.
The best buying position means the sell window is permanently open for you.

Few years back, it was just a stock in the frying pan.............