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 Q&A, General question on stock market

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georgechang79
post Jun 13 2008, 08:40 AM

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From: Penang


QUOTE(YuNGSeNG @ Jun 12 2008, 10:52 AM)
I'm beginner and trading using OSK188 , everytimes after I buy share , after few day , the bank remiser will ask me want "pick up" the share or not .

May i know what is the meaning of "pick up" ? What different between "pick up" and no "pick up" ?

Thank you
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I think what you mean by pick up is buying right??
georgechang79
post Aug 6 2008, 11:30 PM

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From: Penang


QUOTE(shahmh @ Aug 6 2008, 08:56 PM)

sorry to interup...actually how to buy an IPO with CDS and trading account.? I heard that we can buy an IPO 1 day before it close and get our money (in the account) back the next day if it is not sellected.
I bought Perwaja Steel from CIMB Clicks using OSK CDS account. I heard somewhere you can also use ATM to buy too.
georgechang79
post Aug 8 2008, 12:30 AM

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From: Penang


QUOTE(andrekua @ Aug 7 2008, 12:29 AM)
You not scare aa?
Those people bought cheap with Kinstel share sure dump like hell as they bought RM0.60 cheaper than market price wor.
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Long term investment not as trading. If go down. Then i average down. Everything have risk but i come from steel industry and i have seen the Perwaja plant with my eyes so i know what i am sure what i am buying into.

Building structures will always need steel and with Penang 2nd Bridge coming along, where you think they will get their supply from? Ann Joo Steel is mainly catering the deform bar 12 to 44mm Diameter and 5.5mm Wirerod. While southern steel is mainly on special steel for export market. The next logical choice will be Perwaja Steel in Gurun.
In my own humble opinion, steel company is good investment in the next few years unless our goverment decideds to put steel bars into control item again. sad.gif


Disclaimer.. Above is just my justification based on my own opinion. I am not from Perwaja or Kinsteel and not promoting their share. Just my own two cents.
georgechang79
post Oct 28 2008, 12:06 AM

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From: Penang


QUOTE(Kinitos @ Oct 27 2008, 10:03 PM)
It's the point where the price temporary/permanently change direction.
In AIRASIA case around 80sen

OR

at the level where the price is likely to bounce off/remains
e.g RESORT 2.50, this support level have since been broken.

Fortune tellers might want to offer some magic numbers here.

TA will dig further back in time to find where was the last lower low.

Investment trainers will teach you things like Fibonacci retracement levels or
to some extents Candlesticks Bullish Reversal patterns.
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Kinitos,

I find that some charts responds to Fibonacci more while others are more based on past support/resistance level.

There is no right or wrong way to interpret the best target price to enter. So i always put a safety factor of -10% to -15% to the magic number. hmm.gif biggrin.gif

This post has been edited by georgechang79: Oct 28 2008, 12:07 AM

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