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 Stock Market In Malaysia V9

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TSpanasonic88
post Jan 18 2008, 09:50 AM

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QUOTE(Ree73 @ Jan 18 2008, 09:43 AM)
got discount la...

U want 50% discount?
*
lol yes please, on PBBANK biggrin.gif
TSpanasonic88
post Jan 18 2008, 09:57 AM

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QUOTE(Hee @ Jan 18 2008, 09:53 AM)
please, US live stock link , please  unsure.gif
*
here you go : http://finance.yahoo.com/intlindices?e=asia
TSpanasonic88
post Jan 18 2008, 09:59 AM

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QUOTE(SKY 1809 @ Jan 18 2008, 09:55 AM)
If u buy half a lot, then you need to pay 50% less than  1 lot. smile.gif
*
oh yeah this is so true! tongue.gif
anyway, i queue to buy PBBANK again at 10.70
TSpanasonic88
post Jan 18 2008, 10:21 AM

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QUOTE(cherroy @ Jan 18 2008, 10:19 AM)
The market starts to price in a US economy recession.

So if US does fall into recession, stocks are not that cheap at current situation (got some room for more downside), but if US does escape with recession (just a mild slow growth or brief touch the recession then bounce back) then stocks are bargain buy at the moment.

So judge your own.
*
wow tough decision, where is my crystal ball sweat.gif
TSpanasonic88
post Jan 18 2008, 10:23 AM

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QUOTE(Ninjitsu @ Jan 18 2008, 10:20 AM)
Pana, you got your PBB at 10.70 ady?
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i am buying PBBANK, not PBB smile.gif

i noticed PBB price flactuate a lot as compared to PBBANK
but before this, PBB price was higher than PBBANK
TSpanasonic88
post Jan 18 2008, 10:28 AM

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QUOTE(cky80 @ Jan 18 2008, 10:22 AM)
aik...what happened to the maybulk plan... brows.gif
damnit la...reaching my original buying price at 3.88 d. sweat.gif

i will BUY MAYBULK when it goes below my ori buying price!!!!!

Dry bulk index is cyclical i tell u! laugh.gif
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i am dilemma, too
the dropping of MAYBULK is like never end
i don't sense any "buy" signal, as today buy might be cheap, but tomorrow might be cheaper sweat.gif

from 5.50 > 4.50 > now below 4 already sweat.gif

i choose to play safe, i buy something atleast i can see the future and not affected by any outsider circumstances (eg. we have to look at BDI in the case of MAYBULK)
TSpanasonic88
post Jan 18 2008, 10:30 AM

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QUOTE(SKY 1809 @ Jan 18 2008, 10:24 AM)
Insider Information> PM  is going to increase the agents no. to 50,000 from about 25,000. Maths while, you know how to calculate the sales.....

But i believe it is going to be boring counter.
*
sorry mate, mind to explain more? unsure.gif

This post has been edited by panasonic88: Jan 18 2008, 10:31 AM
TSpanasonic88
post Jan 18 2008, 11:10 AM

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QUOTE(SKY 1809 @ Jan 18 2008, 10:41 AM)
Longterm - very good, have branches in Vietnam, Hk etc ( expect better profits in time to come ). PM got potential but can also see more results in future.

Short term - do not expect much, may not move fast enough if you have high expectations.
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appreciate your explanation, thanks mate thumbup.gif


QUOTE(ts1 @ Jan 18 2008, 10:49 AM)
good bye maybulk sad.gif
hello ta-w smile.gif
*
yo, so what is your final decision?
TSpanasonic88
post Jan 18 2008, 11:27 AM

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QUOTE(ts1 @ Jan 18 2008, 11:11 AM)
soldl now...in feb buy back for dividend
*
i support you smile.gif

update us when you are buying again.
TSpanasonic88
post Jan 18 2008, 11:30 AM

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QUOTE(okk @ Jan 18 2008, 11:18 AM)
I still believe the index will drop to 1350-1370 level, so trade with caution...there is always a lower low....
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QUOTE(SKY 1809 @ Jan 18 2008, 11:26 AM)
Please take his words seriously.
*
make a record here : current composite at 1434 level
TSpanasonic88
post Jan 18 2008, 11:37 AM

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QUOTE(okk @ Jan 18 2008, 11:33 AM)
Based on 2 previous corrections, 1350-1370 is the heavy support, if the index still drops below that, I will be extra defensive on market
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QUOTE(SKY 1809 @ Jan 18 2008, 11:33 AM)
Hi Mate, our intentions are good> just making sure people do not travel to Holland ( out of control ).
*
it is nice to have forumers like you two smile.gif
atleast we are reminded from time to time.
TSpanasonic88
post Jan 18 2008, 12:05 PM

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QUOTE(okk @ Jan 18 2008, 11:51 AM)
One lesson I learnt when I got burnt teruk, never buy on dip...
The reason is very simple, will u catch a falling dagger?

What's the basis that we think the market will rebound when it's dropping? it's dropping now, tis is the fact, so if we analyze rationally, we should be more prone to that it will drop more, not it will rise tomorrow...

Everything has to be data driven, and not Hope driven, I learnt to buy on rise after that and believe it or not, my records prove a lot better....

Just my humble opinion...
*
"buy on rise" nod.gif
TSpanasonic88
post Jan 18 2008, 01:40 PM

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nikkei, seoul & taiwan are in green zone now

isn't similar as what happened on yesterday afternoon? rolleyes.gif
TSpanasonic88
post Jan 18 2008, 02:16 PM

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very likely we will be repeating the same thing as per what happened on yesterday afternoon

not buying anything, just doing a virtual playing

BUY HSI-C1 - 0.420 @ 10000 shares

see how much it close later biggrin.gif
TSpanasonic88
post Jan 18 2008, 02:48 PM

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QUOTE(panasonic88 @ Jan 18 2008, 02:16 PM)
very likely we will be repeating the same thing as per what happened on yesterday afternoon

not buying anything, just doing a virtual playing

BUY HSI-C1 - 0.420 @ 10000 shares

see how much it close later biggrin.gif
*
hehe, as expected, hangseng turned green now

and my virtual HSI-C1 jumped to 0.465 jor, can sell liao tongue.gif
TSpanasonic88
post Jan 18 2008, 02:51 PM

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QUOTE(kapitan @ Jan 18 2008, 02:49 PM)
HSI-C1 not attractive liao...
Premium very high now...
*
quick in, quick out
to me, hkcw doesnt worth a cent to keep in my portfolio
TSpanasonic88
post Jan 18 2008, 02:53 PM

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QUOTE(kinwawa @ Jan 18 2008, 02:50 PM)
then u can belanja virtual food liao!  rclxms.gif  rclxms.gif
*
apa u mau makan? tongue.gif


QUOTE(xtreme82 @ Jan 18 2008, 02:51 PM)
LOL wish me luck i just bought

HSI-C1 300 lot at 0.465
*
wow mate, so daring you shocking.gif
hsi in red again, it is see-sawing, very uncertain
TSpanasonic88
post Jan 18 2008, 02:59 PM

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QUOTE(okk @ Jan 18 2008, 02:53 PM)
I have another experience to share with you guys on buying low.
Well this is my preference, I dare not say it's right, but I am sharing my experience.

Ssome people including one of my friends like to buy shares at 52 weeks low. And he kena many times that the shares go lower.

After all these learnings, I bought MASTEEL at 52 years high, and believe it, it keeps going higher....
So our psychology might tell us that "why buy such an expensive stock which is already at 52 weeks high?", but for me, reality is different. There must be a reason why a stock grow to all time high. So you just ride on the momentum and set a very small cut loss price in case you get it wrongly. This is how I do my risk management now.
When it reaches my target profit price, I will set a profit lock price, for example 75%. So if the momentum stops and comes down, once it goes back down to the profit lock price, I will sell it, in that case I still make 75% of the profit.

I always believe in buy with momentum, rather than bottom fishing. I am not against bottom fishing but there must be a reason why a stock bottoms out, remember we must know the REASON....

With this trading plan., nowadays I trade with no emotions. I don't feel stressed as well coz everything is planned out. I am just following the plan smile.gif
*
"buy on rise
buy on momentum"

TSpanasonic88
post Jan 18 2008, 03:00 PM

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@xtreme82

wow you made some money there already rclxms.gif
TSpanasonic88
post Jan 18 2008, 03:08 PM

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QUOTE(okk @ Jan 18 2008, 03:03 PM)
Yes, buy on rise and buy on momentum.
Be very strict with cut loss price, minimal loss, coz when you buy a stock today, you don't expect it to drop the next few days. If that happens, that means you get the stock wrong, so you must sell it immediately with smallest loss.

I always set my cut loss price to 3% only from purchase price.
For example, I bought Kencana at 2.500, it dropped to 2.430, I sold it at loss because already breach 3% and this is not wat I expected from it. So now Kencana is less than 2.400, this plan has reduced my loss smile.gif

When the momentum is back, only I re-enter the position....
*
yup, cut loss is an essential lesson to learn
better lose a pokok than sacrified your whole jungle
i also learnt from my mistake sad.gif

p/s: okk, your 3% cut lost benchmark is good. i want to absorb that.

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