Our finance minister annouced that RM5 billion to save the under valued stocks ? Any more news about this ?

Any idea about Valuecap ? Government owned ? Which corp to save ?

BTW, US Nasdaq starts to see blood. ...

This post has been edited by rayloo: Oct 20 2008, 11:18 PM

IOI below RM2.50 is my buy in price.
As for Genting, not dare to touch now.

Mind sharing your points ?

I have gethered some infor about these 2 plantation counters. let's discuss in plantation thread.

I can't handle short...too stressing and risky, not my type. After few days of simulation I finally give up short, totally unpredictable.

But for long term I am sure my stocks can bring return. BTW, don't you all think long term can bring more fruitful profit and less stress ? As the stocks improve certain percentage of growth each year (My target is 15% minimum), as years go by you can imagine how great the return will become. Atleast 100% profit every 5 years.

At that time we just sit and wait for money drops from trees. But for speculation, we buy at higher and higher price, higher and higher risks for small gain. I think the successful rate is 4 out of 10 ?

Maybe experienced traders can minimize failing rate, but certainly not for me as a beginner.

Just share my opinion.

Want to ask your opinion, do you think the little bull is temporary ? I am considering whether should take this chance to offload my Resorts and buy it at lower price later.

I think no strong fundamental to support the bull, just some little good news...

Do you all think the worst is over ? Economy meltdown just suddenly disappear within few days of "good news" like interest cut and US election ? I already offload some of my stocks and watch.

Hmmm, I love bear trap.