break 1400 liao.

I see. This Genting SG is not what entices me, but Resorts itself have potential capital gain at TP: 5.35

Hi OKK,

" KLCI Down 1.3%; May Extend Fall To 1381" as reported by a stock broker this morning. What is your opinion ?

When market going up, anybody can make money (mostly). But now,     

Hi OKK,

I have always regarded you as my " sifu" for sure.

I think the key to those good investors is knowing when to get out, and also have the discipline to get out when the market is high. When you see the market going up, it is too easy to keep thinking the market is going to go up and up, and forget about it coming down until it is too late...

OKK,

you heard of " Way of the Turtle" ? by Curtis Faith ( the secret methods that turned Ordinary people into Legendary Traders.

Markets are comprised of individuals, all with hopes, fears and foibles. As a trader, you are seeking out opportunities that  arise from these human emotions. Curtis Faith

It is a simple profit locking, just like you have bought a share at let say 5.00, fundamentally we know it max worth around let say 8.00, but due to the fact, no one knows where is the highest point that it can go in a bull market as sentiment took over the fundamental part in a hot market, we keep the shares and let it run in the bull market.
But we apply a 10% correction profit locking aka as long as the share doesn't drop below 10% from its peak, we keep it. Only when it drop over this line/target then we sell it. In this way you will see the peak but won't sell at the peak.

Just like like above case, instead you sell at 8.00 because you think it worth 8.00 only as your TP, in bull market it goes up more to 10, but you still keep it, but only it drop back to 9.00, you sell it. In this way you protect your profit while earning 1.00 more compare to a target set previously. If it drop to 9.50 then goes up to 12.00 then you still keep it, then set the locking price at 12.00 - 1.20 = 10.80.
In this way, you will avoid (although not 100%) sell too early, you sell it late but not at the peak. As through my experience, it is pointless to find the peak of the market or share price, you just can know market is toppish but cannot predict the exactly when is the peak, but roughly is considered very good already.

It is not a foolproof strategy, only good sometimes especially in the up or bull market, it can go wrong if market swing too volatile which trigger and affect this kind of strategy.
So judge your own, there is no foolproof strategy in the market.

I'm puzzled by this too. Wonder how our own market will react today? 

The current scenario is like market can 'force' Fed do whatever they wish do. They (market) want rate cut, then market 'threaten' with potential market crash (like last Monday), so if market is getting what they wish to (rate cut), then market has some rallies. 
Just some personal feeling about current market condition, no concrete evidence on it. Don't get me wrong on this.
The market is pricing in another 0.5% cut on this Wednesday.

The one it should be is that economy data showing good and resilience data rather than poor and weakening effect which prompt to more rate cut. As everyone knows rate rate alone won't solve the subprime and credit problem, it is the economy resilience and strength that will sail through this crisis, not rate cut. Japan is a better example to show rate cut can't solve all the problems, it only temporarily relief, not curing.

wah...how come my resorts suddenly go up so much one......tot just keep if for long term one....suddenly chiong......

though I'm not having this shares, contemplating to accumulate little by little coz eventually, slowly the DBI will go up

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Added on January 31, 2008, 1:04 pm

yes, price will be adjusted down according to the exact cents.
KLSE also auto adjust like NYSE but if you mention about those people who key in pre-dividend price(though already ex-price) will become waterfish, this depends on individual online portal. Mayban2u's system is able to secure for client's order to the nearest/latest traded price even keyed in few ticks higher. I understand that those non- nominee accounts , do not have such protection & it will be traded according to that high price.

I don't like bonus issue either, I like dividend $$$ in the pocket   
They will adjust the opening price means that if yesterday last closed (before ex-date) is 1.00. Then tomorrow the indicator opening price is 0.95 (for 5 cents dividend). So if the first trade is 0.96 will be treated as 'Green' +1 cent.

what happen to the market, like no movement only!!!

Hi OKK,

Look like the big fish is in town to play , for how long, i do not know.

Look at store and warrants .....the indication is there.

Happy New Year to you.

May this new  year a special for you.

Is this similar to myETF?

I believe the superbull is making a come back later part of year, also depending on the movements of US Markets.

2nd liners could be in rotational plays at this moment. The risk is still high so be careful and be in control.

You do any charting on SapuraCrest ?  Scomi ? or O & G  basically with fundamentals , but can go crazy at times. Got to wait for her turn,lot of patient needed, previously umno counter.

I got a feeling that palm oil counters could go crazy this year.

Trade with care. US market is not so stable at this moment.

if cannot support 1350, means lao-sai all the way?