QUOTE(Ree73 @ Jan 18 2008, 09:43 AM)
lol yes please, on PBBANK Stock Market In Malaysia V9
Stock Market In Malaysia V9
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Jan 18 2008, 09:50 AM
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#101
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37,028 posts Joined: Jan 2003 From: Petaling Jaya |
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Jan 18 2008, 09:57 AM
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#102
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Jan 18 2008, 09:59 AM
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#103
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Jan 18 2008, 10:21 AM
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#104
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QUOTE(cherroy @ Jan 18 2008, 10:19 AM) The market starts to price in a US economy recession. wow tough decision, where is my crystal ball 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. |
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Jan 18 2008, 10:23 AM
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#105
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Jan 18 2008, 10:28 AM
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#106
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QUOTE(cky80 @ Jan 18 2008, 10:22 AM) aik...what happened to the maybulk plan... i am dilemma, toodamnit la...reaching my original buying price at 3.88 d. i will BUY MAYBULK when it goes below my ori buying price!!!!! Dry bulk index is cyclical i tell u! 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 from 5.50 > 4.50 > now below 4 already 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) |
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Jan 18 2008, 10:30 AM
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#107
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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..... sorry mate, mind to explain more? But i believe it is going to be boring counter. This post has been edited by panasonic88: Jan 18 2008, 10:31 AM |
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Jan 18 2008, 11:10 AM
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#108
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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. appreciate your explanation, thanks mate Short term - do not expect much, may not move fast enough if you have high expectations. QUOTE(ts1 @ Jan 18 2008, 10:49 AM) yo, so what is your final decision? |
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Jan 18 2008, 11:27 AM
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#109
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Jan 18 2008, 11:30 AM
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#110
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Jan 18 2008, 11:37 AM
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#111
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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 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 atleast we are reminded from time to time. |
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Jan 18 2008, 12:05 PM
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#112
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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... "buy on rise" 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... |
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Jan 18 2008, 01:40 PM
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#113
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nikkei, seoul & taiwan are in green zone now
isn't similar as what happened on yesterday afternoon? |
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Jan 18 2008, 02:16 PM
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#114
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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 |
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Jan 18 2008, 02:48 PM
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#115
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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 hehe, as expected, hangseng turned green nownot buying anything, just doing a virtual playing BUY HSI-C1 - 0.420 @ 10000 shares see how much it close later and my virtual HSI-C1 jumped to 0.465 jor, can sell liao |
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Jan 18 2008, 02:51 PM
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#116
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Jan 18 2008, 02:53 PM
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#117
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Jan 18 2008, 02:59 PM
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#118
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QUOTE(okk @ Jan 18 2008, 02:53 PM) I have another experience to share with you guys on buying low. "buy on riseWell 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 buy on momentum" |
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Jan 18 2008, 03:00 PM
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#119
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@xtreme82
wow you made some money there already |
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Jan 18 2008, 03:08 PM
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#120
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QUOTE(okk @ Jan 18 2008, 03:03 PM) Yes, buy on rise and buy on momentum. yup, cut loss is an essential lesson to learnBe 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 When the momentum is back, only I re-enter the position.... better lose a pokok than sacrified your whole jungle i also learnt from my mistake p/s: okk, your 3% cut lost benchmark is good. i want to absorb that. |
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