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TScherroy
post Mar 4 2008, 01:42 PM

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QUOTE(panasonic88 @ Mar 4 2008, 01:39 PM)
eh yah kah? i see wrongly huh...

should be 130 lot (not 100 lot), at 12.29pm
*
100 only. Total done for the morning section at Rm6.50 is only 110 lots, another 10 lots done earlier one.
TScherroy
post Mar 4 2008, 03:33 PM

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QUOTE(panasonic88 @ Mar 4 2008, 03:23 PM)
the market is pretty "peaceful" isnt

the selling has stopped, it seems rolleyes.gif
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May be temporarily, just personally feel the bottom hasn't reached yet.

Normally, market find temporarily bottom with capitulation aka panic selling and lost hope selling.

Just my opinion though. Now queueing for Axreit.
TScherroy
post Mar 4 2008, 03:57 PM

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QUOTE(skiddtrader @ Mar 4 2008, 03:44 PM)
Wah I love the feeling of touching 1300 again. Kind of like a recurring sale.
*
1300?
I am waiting for 1100! tongue.gif cool2.gif

Just some blank/baseless expectation. Don't flame me on that. smile.gif

This post has been edited by cherroy: Mar 4 2008, 03:57 PM
TScherroy
post Mar 4 2008, 04:08 PM

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QUOTE(skiddtrader @ Mar 4 2008, 04:01 PM)
Haha, for so long I've been waiting for the market to crash cheeroy. I only hope for the lowest, though I doubt the day we see prices go into deep discounts unlike last time when prices of PBBANK can go so low. But I do remember in Singapore the last time the prices of blue chips reach shocking lows was during the SARS period. Very good time to buy stocks then, but in Singapore everybody thought it is the end of the world.
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The bolded part is what I meant for capitulation to happen, then it is the time to buy for long term with significant portion of a personal portfolio.

I don't hope to buy at lowest, nor hope for market to crash, just waiting how market will turn out to be.

I am a bit wary of potential stagflation to happen which make me most of the time (although still nipping some reit stocks) staying sideline since last year end.

You never know what will happen in the market, just hope for the best and prepare for the worst.
TScherroy
post Mar 4 2008, 04:09 PM

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QUOTE(skiddtrader @ Mar 4 2008, 04:07 PM)
Cheeroy, I think no need queue for Genting at RM6.50 already. I wanted to queue as well but looking at the lines, 39k lots queuing at RM6.50, I rather buy at RM6.55. What do you think?
*
There are people that can sell 30-40k lot in one shot if they really want to dispose.
Wait to see how it goes then.


Added on March 4, 2008, 4:10 pm
QUOTE(SKY 1809 @ Mar 4 2008, 04:05 PM)
CLSA's downgrade on Malaysia market late Monday prompted selling by foreign funds.
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Then there are potential more downside.

This post has been edited by cherroy: Mar 4 2008, 04:11 PM
TScherroy
post Mar 4 2008, 04:14 PM

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QUOTE(panasonic88 @ Mar 4 2008, 04:11 PM)
lol he mean uemwrld
if uembldr went up to 3.xx (unlikely kua..), i'd be cursing at that counter too laugh.gif
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If UEMBuilder is 3.xx. Then UEMBuilder shareholders already laugh until their teeth come off.
TScherroy
post Mar 4 2008, 04:19 PM

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QUOTE(panasonic88 @ Mar 4 2008, 04:16 PM)
yala, and those who sold off their uembldr (like me) will drop our jaws  doh.gif
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You still solf off at a price much higher than current price, if not mistaken.
TScherroy
post Mar 4 2008, 04:37 PM

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QUOTE(panasonic88 @ Mar 4 2008, 04:24 PM)
i am not monitoring UEMBLDR anymore from the day i sold it
i'll never never buy that again!
and papa taught me : dun look back tongue.gif
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That's good. Always look forwards, only learn the past.


Added on March 4, 2008, 4:37 pm
QUOTE(ante5k @ Mar 4 2008, 04:22 PM)
what price are you queueing axreit at? thinking of getting it also today.
*
1.64 & 1.65. icon_rolleyes.gif

This post has been edited by cherroy: Mar 4 2008, 04:39 PM
TScherroy
post Mar 4 2008, 05:58 PM

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QUOTE(alivecmh @ Mar 4 2008, 05:13 PM)
yup, pana, I afraid not enough buyer to buy from me. biggrin.gif The volume still very thin.
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Salute you, even though CWs fever is over and plenty of dead body around, still you are quite keen on it. notworthy.gif
TScherroy
post Mar 5 2008, 11:37 AM

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QUOTE(panasonic88 @ Mar 5 2008, 10:08 AM)
cherroy says he will buy 10 lot nia laugh.gif
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Ha, Ha, still not buying. Just come in office and log in to see the price. Will see how afternoon going, no rush to buy. Yup, will only take 10 lots at each time. Me, small player only nia. icon_rolleyes.gif
PS: Yesterday did queue at 6.50 but didn't get, so let see how today movement, may be queue cheaper 10 cents. Now, it is a buyer market. Buyers dictate the price liao.

QUOTE(SKY 1809 @ Mar 5 2008, 10:11 AM)
Buying Genting could be risky bcos it is artificially supported for some reasons and it creates a temp bottom.

Just hope that the support is strong. In case it rebounds from rm 6.55, then it is profitable . Now at 6.45
Just 2 sen opinion.
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I aim for trading buy, not keen on long term (yet).

QUOTE(pasqualle @ Mar 5 2008, 10:49 AM)
but if i got the holding power...like 3-4 month..do you guys think is wise to buy..?
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Talking of holding power, 3-4 months is too short. At least 1-2 years time.

This post has been edited by cherroy: Mar 5 2008, 11:40 AM
TScherroy
post Mar 5 2008, 11:52 AM

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MISC-O1 is trading at 8.15.
MISC is trading at 8.65.

It summed up the foreign funds wish to get out of this market.

With CPO plunging heavily after previous bubble, all plantation stocks are affected which make KLCI worst.

That's why plantation previously don't care about FCPO rising as they saw it is not sustainable.

This post has been edited by cherroy: Mar 5 2008, 11:54 AM
TScherroy
post Mar 5 2008, 02:31 PM

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QUOTE(chinkw1 @ Mar 5 2008, 01:30 PM)
Cherroy,

KLK announce some news, but dunno what it meant. After the news announce, KLK is down.
Whats the meaning of the news ah??
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The announcement is regarding of KLK taking LPF into private at Rm4.20.

It is down mainly because of general market condition and CPO plunging. It is being suspended yesterday (when everyone also down) so just taking 2 days drop into 1 day drop.
TScherroy
post Mar 5 2008, 03:00 PM

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QUOTE(panasonic88 @ Mar 5 2008, 02:56 PM)
cherroy, you are smart that you aint buying GENTING at 6.50 biggrin.gif
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A bit of luck only, yesterday did queue, but sellers don't want to give. So today don't want 6.50, (tiaw keh liao, in Hokkien) haha. biggrin.gif

Intend to buy for short term trading for the technical rebound only. May be wait the selling pressure recede then only jump in.

No need to rush in this kind of market. Slowly see and take. There are plenty sellers up there, so no rush, like Genting 20K are queueing at 6.45, so don't need to rush. If trend changes, then take 6.45 staight away.

This post has been edited by cherroy: Mar 5 2008, 03:04 PM
TScherroy
post Mar 5 2008, 03:36 PM

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QUOTE(panasonic88 @ Mar 5 2008, 03:28 PM)
ohhhh. looks like tonight DJIA gonna go below 12,000 sweat.gif

*
Actually the faster the DJ or KLCI goes down, the better for market future upside. Slowly die is more harmful to investors confidence, better plunge severely in short time then rebound strongly afterwards.
TScherroy
post Mar 5 2008, 03:56 PM

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QUOTE(kinwawa @ Mar 5 2008, 03:51 PM)
hahhaha...at least now they got 'alasan' to drag KLCI lower...saying "in line with regional downturn" then later......push it up saying..."our economy is robust" smile.gif
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Now KLCI is the worst performance in the region. Everyone just down a bit, but KLCI drop more than 2%.

The market tell us the GE result?
TScherroy
post Mar 5 2008, 04:12 PM

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QUOTE(alivecmh @ Mar 5 2008, 03:58 PM)
Maybe this is one of the strategy from BN. If BN win in this election, they will push the market up and proof to everyone that "BN win in the election n push the market up"  biggrin.gif
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If market goes down, then already lose some votes because of severe market down turn then how?

Doesn't sound quite logic.

This post has been edited by cherroy: Mar 5 2008, 04:12 PM
TScherroy
post Mar 5 2008, 04:13 PM

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QUOTE(panasonic88 @ Mar 5 2008, 04:03 PM)
so hard to guess tongue.gif

whatever is the outcome, as long as i stay sideline, not pouring money in
whether who win, who lose
market up or down
i lose nothing, still a winner, right biggrin.gif
*
As long as your stocks are giving out more than 3.7%, you are actually a winner already!


Added on March 5, 2008, 4:15 pm
QUOTE(panasonic88 @ Mar 5 2008, 04:13 PM)
i thought lowest was 0.05? can buy at 0.01 ka?

wow this is truely small knife cut big tree laugh.gif
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Yup, small knife but bug tree. But with the force of selling (high volume across the blue chips), I don't think it will turn back up so soon so quickly before April. Longer term may be, April seems too short of the distance.

I might be wrong.

Judge your own.

This post has been edited by cherroy: Mar 5 2008, 04:15 PM
TScherroy
post Mar 5 2008, 04:17 PM

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Genting sellers withdraw their queue at 6.45 and 6.50, to sell at 6.40. <--- symptom of almost done with today selling properly and keen to 'clear stock'.

This post has been edited by cherroy: Mar 5 2008, 04:19 PM
TScherroy
post Mar 5 2008, 04:26 PM

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QUOTE(kinwawa @ Mar 5 2008, 04:21 PM)
genting hit 6.35 just now! getting more xciting! hehehehe

cherroy....."su zou kor hao mou deng tap" hehehehe
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Haha, don't tease me, I got plenty of patient one. cool2.gif

TScherroy
post Mar 5 2008, 04:38 PM

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QUOTE(skiddtrader @ Mar 5 2008, 04:28 PM)
Well I bought my normal ones already. But since I want a piece of Genting's action but can't really play the mother share. So I look around, the 0.01 per unit CW is very tempting lo. 50k shares only RM500 only mah right biggrin.gif If Genting really rebound within this month to RM7.50. The CW confirm will make at least 5 times as much. Only thing against us is time since it can hardly go lower. (RM0.005 is the lowest but long queue.)

But I do admit this is more of gambling rather than investment. So please bear with me ^^ Expected rebound to reach RM7.60 if it does rebound after a few days of sliding.
*
Yup, just like Pana said, if don't mind losing the Rm500, then it is your choice,

It is more like a gambling at Genting, you take Rm500 bet on roulette on 1 number out of 37 number.

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