cuttin rate is not a good solution...

if d market go up, i will use this opportunity to reduce my losses..

btw, if u see klci chart price, there is many gaps... these gap most probably will be cover sooner or later...

ya, i do agree with u with this cut rate. More rate -> inflation risks will be high which is not good to economy in long term.
But market need temporary boost so that it will rebound. Too many drops in all markets recently which not good to small retailers like me.
yah, me too. Plan to sell on strength before bull lose its strength.

Means KLCI will rebound and fill the gap inbetween? Sorry for noob question since im still learning TA.

there r few kinds of gaps... some will b refill n some will not...some need longer time n some vry fast.. i think u shud read book of Encyclopedia of Chart Patterns... a vry good book i must say


edit: i''ll glance through the book when i hav time

This post has been edited by low yat 82: Jan 22 2008, 10:22 PM

Thanks for the book recommendation. Still downloading...
Btw, for those who interested to read this book. Here is the link

Enjoy the reading. Hope we can become expert like lowyat82..

im not expert.. >.<" still learnin... i still cant foolow my rules yet... celakak... act need cut loss, but still holdin... guess im jus normal human

edited: u sure d book is inside? its a book by thomas bulkowski... 2nd edition is better

This post has been edited by low yat 82: Jan 22 2008, 10:48 PM

Yah, sometime we know the theory but in live environment, we cant practise it accurately.
Human does make mistakes. Hope can learn from it and minimise it.

Well, im still downloading...

As saw from its description. Ebooks inside rar file:
Dow.pdf
Economics - How The Stock Market Works.pdf
Eday - Trading In Mind.pdf
Elder Alexander - Come Into My Trading Room - A Complete Guide To Trading.pdf
Elder Alexander - Trading For A Living.pdf
Electronic Trading Systems In Europe And Development Potentialities For Russia.pdf
Eleswarapu And Venkataraman-The Impact Of Legal And Political Institutions On Equity Trading Costs A Cross-Country Analysis.pdf
Eleswarapu, Thompson And Venkataraman-The Impact Of Regulation Fair Disclosure Trading Costs And Information Asymmetry.pdf
Emotion Free Trading Book.pdf
Encyclopedia Of Chart Patterns, 2nd Edition [2005 Isbn0471668265].pdf

Im not sure whether this is the book that mentioned by u.

Will confirm with u once i finish download it.

omg...i still got ICBC-C5 in hand...cannot run leh...cham...cham

for from view they will be a further drop, if a drop this way is a good market. many people cannot afford to buy high price.
i am wating drop till 1000point in malaysia.

me too..still keeping HSI-C1. bought at 30cents..now dropping..
HSI please rebound tomolo and day after so that i can sell it off. And hibernate for few weeks (maybe after CNY)

If my memory does serve me well, once after FED cut rate -> it would be risk for inflation, ppl will sell off just like last Dec ago
but well, different case apply to different scenarios. Hope this time cut rate will be different story and bring bull for at least 1 week.

---

Added on January 22, 2008, 11:49 pmlowyat82:
Finally finish downloading..
Confirm that book that u referring to is inside the .rar file by Thomas N.Bulkowski second edition.

wah, inside got 1035pages..will take time to digest it.
Btw, currently im reading "Candlesticks, Fibonacci amd Chart Pattern Trading Tools" by Robert Fischer. It is good in the sense that it describe what is hammer, hanging man, etc....
Importantly, it contain 273pages only..hehe..


This post has been edited by dreams_achiever: Jan 22 2008, 11:49 PM

yar.. i also read d that book... IMHO, d important in that book, is onli ab no 3 n retracement of 61.8%. d thingy ab phi is crap lar... persuade people to buy their software..

no no no, you guys misunderstand me

i am currently holding 1500 shares of PBBANK
the one that i am going to dispose is the 1000 shares which i bought two days ago (not intend to keep as i thought i could intra the share since PBBANK announced its financial report on monday evening)
but i calculated wrongly, the shares doesn't go up, but going down due to the recession fear

do not worry, i am more gan cheong than you, i will sleep with my remaining PBBANK shares for atleast until end of the year

This post has been edited by panasonic88: Jan 23 2008, 07:31 AM

Finish download liao, but got password

try use pass word static... not too sure though..

Opps..sorry. forgot to mention password to extract it.
yah, password is "static". Actually, got this link from LYN. Thanks to contributor here..

today HK up...hope tmr thursday can sell of my ICBC-C5...
what about u dreams_achiever??

Yup its static...Thanks...

yup...hardly wait to sell my HSI-C1. many analysts said it is just temporary rebound. Better sell while u still can.
Not sure what next will awaiting u...Market too volatile recently.
Me nearly heart attack when its drop more than 50% in just 2 days.

Hope tonight DJ will perform well. cheers...

hk up 10% today

if today klse open, the one who has hsi-cx will laugh

This post has been edited by panasonic88: Jan 23 2008, 07:14 PM

yeah...need to sell off earlier liao...
really heart attack when HK drop 2k that time...
pray tmr green, then can sell off asap....ICBC-C5 at 0.040...