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 Stock market V19, Chit chat in the market

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mindstorm
post Jan 11 2009, 07:46 PM

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Haha, the clash of the titans makes an interesting discussion about the psychology behind a person's desire to succeed.

Even if it is sam's intention to "show off" out of ego, i think it is nothing wrong. Different ppl have different motivation for achieving a goal. It looks like sam's motivation is to bring down TA principles. Seng became his target could be because last time seng's critisized him( I don't know) or hurt him(through words) in some ways. So it could be a motivation out of revenge and also a show off of mental superiority. Who knows? Watever it is, i'm sure a lot of ppl benefited from both parties for their willingness to share their views! Thanks to both.

I think showing off wealth is pretty common and comes in many forms. Scanning bank book may not be a popular way to do it, but riding in an expensive car or wearing an expensive watch sure is! To me it is not much different. That's why there is such thing called "branded". On top of wat ppl think as "quality", it is really the price tag that they want to show off! Branded clothes, big house in up class location etc etc.
The fact that the whole world knows about Buffett contribution of billions to Gate's foundation is also showing off. "I am so rich that i can afford to give so much away!" Otherwise we wont know about it. I believe there are many large charities that go unheard of.

The ppl that show off the most are also the ones we enjoy seeing and reading the most. All those famous actors/actresses.

Underneath the desire to show off is actually the need to gain respect. I think this need reside in every human, to be acknowledged and be respected by another human. I don't think Sam "forcefully" show off. He doesn't have a gun pointing at anyone to read his blog.

Watever the 2 of them has against each other, i hope both gurus continue to blog as i have learned a lot from them.

This post has been edited by mindstorm: Jan 11 2009, 07:50 PM
AdamG1981
post Jan 11 2009, 07:53 PM

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QUOTE(mindstorm @ Jan 11 2009, 04:46 AM)
Haha, the clash of the titans makes an interesting discussion about the psychology behind a person's desire to succeed.

Even if it is sam's intention to "show off" out of ego, i think it is nothing wrong. Different ppl have different motivation for achieving a goal. It looks like sam's motivation is to bring down TA principles. Seng became his target could be because last time seng's critisized him( I don't know) or hurt him(through words) in some ways. So it could be a motivation out of revenge and also a show off of mental superiority. Who knows? Watever it is, i'm sure a lot of ppl benefited from both parties for their willingness to share their views! Thanks to both.

I think showing off wealth is pretty common and comes in many forms. Scanning bank book may not be a popular way to do it, but riding in an expensive car or wearing an expensive watch sure is! To me it is not much different. That's why there is such thing called "branded". On top of wat ppl think as "quality", it is really the price tag that they want to show off! Branded clothes, big house in up class location etc etc.
The fact that the whole world knows about Buffett contribution of billions to Gate's foundation is also showing off. "I am so rich that i can afford to give so much away!" Otherwise we wont know about it. I believe there are many large charities that go unheard of.

The ppl that show off the most are also the ones we enjoy seeing and reading the most. All those famous actors/actresses.

Underneath the desire to show off is actually the need to gain respect. I think this need reside in every human, to be acknowledged and be respected by another human. I don't think Sam "forcefully" show off. He doesn't have a gun pointing at anyone to read his blog.
*
If you have a public BLOG, you already have a DESIRE to seek attention. Doesn't matter who benefits from reading the blog, or weather the readers have a choice not to read or to read.

That's why you have girls with BLOGS everywhere talking about their personal life etc.



SKY 1809
post Jan 11 2009, 08:09 PM

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QUOTE(mindstorm @ Jan 11 2009, 07:46 PM)
Haha, the clash of the titans makes an interesting discussion about the psychology behind a person's desire to succeed.

Even if it is sam's intention to "show off" out of ego, i think it is nothing wrong. Different ppl have different motivation for achieving a goal. It looks like sam's motivation is to bring down TA principles. Seng became his target could be because last time seng's critisized him( I don't know) or hurt him(through words) in some ways. So it could be a motivation out of revenge and also a show off of mental superiority. Who knows? Watever it is, i'm sure a lot of ppl benefited from both parties for their willingness to share their views! Thanks to both.

I think showing off wealth is pretty common and comes in many forms. Scanning bank book may not be a popular way to do it, but riding in an expensive car or wearing an expensive watch sure is! To me it is not much different. That's why there is such thing called "branded". On top of wat ppl think as "quality", it is really the price tag that they want to show off! Branded clothes, big house in up class location etc etc.
The fact that the whole world knows about Buffett contribution of billions to Gate's foundation is also showing off. "I am so rich that i can afford to give so much away!" Otherwise we wont know about it. I believe there are many large charities that go unheard of.

The ppl that show off the most are also the ones we enjoy seeing and reading the most. All those famous actors/actresses.

Underneath the desire to show off is actually the need to gain respect. I think this need reside in every human, to be acknowledged and be respected by another human. I don't think Sam "forcefully" show off. He doesn't have a gun pointing at anyone to read his blog.

Watever the 2 of them has against each other, i hope both gurus continue to blog as i have learned a lot from them.
*
Well, just OT a bit. Let set aside Ego first.

Sam does give me the impression that Fundamental Analysis actually works . I believe many forumers could have agreed. . The book does speak for itself. And since there are many new babies in our forums, they would not listen unless there is a proof , right ? Otherwise, they just learn through expensive DIY method. It is a form of motivation , positive thinker I mean.

In any cos, the top producers are also the motivational force for others, the Possible way, not the Holland one.

I would not say TA is not good, but perhaps the combination of two are even better.

Sam does show me the path, i.e through Fundamental Analysis is the right and correct way.

How I am supposed to know, well that so called EGO passbook says it.

The Chinese say a picture meant a thousand words put together. Windows and internet are on that track too.

Peace to all.

This post has been edited by SKY 1809: Jan 11 2009, 08:21 PM
darkknight81
post Jan 11 2009, 08:45 PM

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QUOTE(AdamG1981 @ Jan 11 2009, 02:57 PM)
Yup Cherroy,

He might buy the particular counter first and then his "sheeps, followers" will buy it later. Thus, gorengin is made easier for him and he makes a profit by recommending the stock to the public.


Added on January 11, 2009, 2:00 pmHere's the thing, unless you are working within the financial industry, you won't be able to get first hand information. Do you guys really trust Malaysian accounting standards?

Look at the biggest bank in the world, Citigroup also having problems with its balance sheet and risk management. Look at Lehmann, look at Wachovia. And now look at Satyam?

Do you guys really trust the Malaysian auditors that's auditing the Malaysian corporations? If not, how do you know that the particular company is FUNDAMENTALLY sound?

Just my 2 cents.
Ahem, T R A N S M I L E  ring a bell?


Added on January 11, 2009, 2:43 pmPurchasing 100,000 HUAAN tomorrow, watching Lion Ind.
*
Yup both TA and FA are not 100% accurate. Depends on which analysis you prefer or you may use both.
I beliv all the CEO, DIRECTOR got "makan duit" of the company for sure. For example, i give you this contract you give me this sum of money bla bla .....
All these sure we cannot see in the annual report.

For FA, i will chose those companies which is predictable and stable earnings and finally dividends of course i will make sure that company continue to pay dividend every year and don have any records of negative EPS.

This post has been edited by darkknight81: Jan 11 2009, 08:49 PM
SKY 1809
post Jan 11 2009, 08:52 PM

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QUOTE(darkknight81 @ Jan 11 2009, 08:45 PM)
Yup both TA and FA are not 100% accurate. Depends on which analysis you prefer or you may use both.
I beliv all the CEO, DIRECTOR got "makan duit" of the company for sure. For example, i give you this contract you give me this sum of money bla bla .....
All these sure we cannot see in the annual report.

For FA, i will chose those companies which is predictable and stable earnings and finally dividends of course i will make sure that company continue to pay dividend every year and don have any records of negative EPS.
*
Are you saying so long cos pay you dividends, you do not care there is "makan duit" ?

So cos would like to "bribe" you with slightly better dividends, hopefully you close both the eyes for the next 5 years. biggrin.gif
darkknight81
post Jan 11 2009, 10:58 PM

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QUOTE(SKY 1809 @ Jan 11 2009, 09:52 PM)
Are you saying so long cos pay you dividends, you do not care there is  "makan duit" ?

So cos would like to "bribe"  you with slightly better dividends, hopefully you close both the eyes for the next 5 years. biggrin.gif
*
Nope. what i mean is that there are no companies in this world which are "clean" .
viper88
post Jan 11 2009, 11:22 PM

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Well said. rclxms.gif

Actually if we follow sam's blog website since few years back.. we will know know why Sam hate some of the hardcore TA guys.
This is not the 1st time they challenged SAM .. it happened few times before. laugh.gif Sam alwys have a much better results to show and prove not like
those TA guys that try to beat around the bushes when their calls get hit badly.


icon_rolleyes.gif Cheers, icon_rolleyes.gif
v_viper88

QUOTE(mindstorm @ Jan 11 2009, 07:46 PM)
Haha, the clash of the titans makes an interesting discussion about the psychology behind a person's desire to succeed.

Even if it is sam's intention to "show off" out of ego, i think it is nothing wrong. Different ppl have different motivation for achieving a goal. It looks like sam's motivation is to bring down TA principles. Seng became his target could be because last time seng's critisized him( I don't know) or hurt him(through words) in some ways. So it could be a motivation out of revenge and also a show off of mental superiority. Who knows? Watever it is, i'm sure a lot of ppl benefited from both parties for their willingness to share their views! Thanks to both.

I think showing off wealth is pretty common and comes in many forms. Scanning bank book may not be a popular way to do it, but riding in an expensive car or wearing an expensive watch sure is! To me it is not much different. That's why there is such thing called "branded". On top of wat ppl think as "quality", it is really the price tag that they want to show off! Branded clothes, big house in up class location etc etc.
The fact that the whole world knows about Buffett contribution of billions to Gate's foundation is also showing off. "I am so rich that i can afford to give so much away!" Otherwise we wont know about it. I believe there are many large charities that go unheard of.

The ppl that show off the most are also the ones we enjoy seeing and reading the most. All those famous actors/actresses.

Underneath the desire to show off is actually the need to gain respect. I think this need reside in every human, to be acknowledged and be respected by another human. I don't think Sam "forcefully" show off. He doesn't have a gun pointing at anyone to read his blog.

Watever the 2 of them has against each other, i hope both gurus continue to blog as i have learned a lot from them.
*
This post has been edited by viper88: Jan 11 2009, 11:22 PM
mphpopular
post Jan 11 2009, 11:43 PM

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Target of the Breakout on the Head and Shoulder on 2008 Dec (the vertical line on chart).

Currently, if the price manage to close above the downtrend Trendline, we will heading fibo23.6 as first Target

If you look on daily chart. market have stopped making LOWER LOW. Indicating there is a reversal of trend or maybe consolidation.

This post has been edited by mphpopular: Jan 11 2009, 11:44 PM


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AdamG1981
post Jan 11 2009, 11:45 PM

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QUOTE(mphpopular @ Jan 11 2009, 08:43 AM)
Target of the Breakout on the Head and Shoulder on 2008 Dec (the vertical line on chart).

Currently, if the price manage to close above the downtrend Trendline, we will heading fibo23.6 as first Target

If you look on daily chart. market have stopped making LOWER LOW. Indicating there is a reversal of trend or maybe consolidation.
*
Thanks bro for the clean chart. We will hit FIB 23.6% soon.


viper88
post Jan 11 2009, 11:47 PM

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I spoke with my OSK remiser this evening, he predict next week our KLSE most likely will go up again.. tongue.gif Prediction only k... tongue.gif
He also says can grab OSK if price close to RM1,, giving out dividen 5sen.. better than FD.. OSK wont bungkus.
IOICorp might drop back to rm3.50 dun chase at current 4,,.. can grab slowly.

My strategy? Told before rolleyes.gif ..
Set 3-5 lvl of averaging down stock if price drop for good counters.
Go for defence stocks counter

Zelan?
===========================
^V^

Based on zelan's FA , EPS 0.25 NTA 1.35 , EPF buying in , PE 5 , looks good.. year low 0.755, current price 0.85..shld be quite safe 4 short term trade..d only thing i dont like is she is under construction sector. construction will hit d most in recession.

hit n run if u interested.


SAMGOSS
===========================

I 'll reduce total unit shares i have, will take some profit next week for my earlier purchased at 0.79... the other remaining units i'll see how Zelan will perform.
See how market will react after Obama take over and how the financial stimulus can hlp boost the market mid and early FEb. If not so encouraging, will keep for its dividen.
If drop till 0.75...average down abit.. Zelan have about 9% shares in IJM -> IJM Plantations. IJM Plantation is doing quite well. EPF still haven't unload any of its shares yet in Zelan.
See wats MMC plan for Zelan after they take over end of Jan.. add Zelan to Power plant player will be good.

icon_rolleyes.gif Cheers, icon_rolleyes.gif
v_viper88


QUOTE(kmarc @ Jan 11 2009, 01:45 PM)
That's why I'm thinking about counters that may go up during the pump-priming....

Now, mana mana shares TAK boleh beli, dunno what shares to buy....  doh.gif

@viper88 - any new strategies or are you still targeting ZELAN?  hmm.gif
*
This post has been edited by viper88: Jan 12 2009, 12:02 AM
AdamG1981
post Jan 11 2009, 11:53 PM

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This is daily chart for TWSCORP.

Right now we are making higher lows, and higher highs and we will soon touch the multi months DT.

Looks like a potential reversal.


Added on January 11, 2009, 11:57 pm
QUOTE(viper88 @ Jan 11 2009, 08:47 AM)
I spoke with my OSK remiser this evening, he predict next week our KLSE most likely will go up again.. tongue.gif Prediction only k...  tongue.gif
He also says can grab OSK if price close to RM1,, giving out dividen 5sen.. better than FD.. OSK wont bungkus.
IOICorp might drop back to rm3.50 dun chase at current 4,,.. can grab slowly.
Your remiser is right. Base on the chart, it has broken the multimonths DT (from 1500) A potential reversal, or a mild bear market rally to 1000 points is highly possible.

This post has been edited by AdamG1981: Jan 11 2009, 11:58 PM


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sampoo
post Jan 12 2009, 12:26 AM

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QUOTE(mphpopular @ Jan 12 2009, 12:43 AM)
Target of the Breakout on the Head and Shoulder on 2008 Dec (the vertical line on chart).

Currently, if the price manage to close above the downtrend Trendline, we will heading fibo23.6 as first Target

If you look on daily chart. market have stopped making LOWER LOW. Indicating there is a reversal of trend or maybe consolidation.
how about LCL as today research house said target price is rm1.09. smile.gif
mphpopular
post Jan 12 2009, 12:42 AM

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QUOTE(sampoo @ Jan 12 2009, 12:26 AM)
how about LCL as today research house said target price is rm1.09. smile.gif
*
I'm not sure about 1.09 or not. But as far as I concern. We breakout the Downtrend channel. Since that day. The price is making higher high, but in the same time, the market bounces back and holding above 0.70. 0.70 acting as a strong support currently. As long as it doesn't break down 0.70, the chances of going to 1.09 always there. But if 0.70 broke, then who know?


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mphpopular
post Jan 12 2009, 12:55 AM

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KLCI

I on bullish side as well, G.

In daily chart, I on believe market wil still retracement to 890 (in my own opinion),then the market will shoot UP.




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AdamG1981
post Jan 12 2009, 12:58 AM

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QUOTE(mphpopular @ Jan 11 2009, 09:42 AM)
I'm not sure about 1.09 or not. But as far as I concern. We breakout the Downtrend channel. Since that day. The price is making higher high, but in the same time, the market bounces back and holding above 0.70. 0.70 acting as a strong support currently. As long as it doesn't break down 0.70, the chances of going to 1.09 always there. But if 0.70 broke, then who know?
*
Most likely congestion.


Added on January 12, 2009, 2:09 amLADIES AND GENTS,

ITS THE TIME OF THE MONTH!!!!!

U.S CORPORATE EARNINGS REPORT!!! WOOHOO....


This post has been edited by AdamG1981: Jan 12 2009, 02:09 AM
SUSgogo2
post Jan 12 2009, 08:50 AM

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the buying of KNM is so strong. i think it'll shoot up today...haha


Added on January 12, 2009, 8:51 ambut got 31,600 sell at 0.5... hmm.gif


Added on January 12, 2009, 8:52 amHi all, if buy and sell queue in the morning same, does it have uptrend?


Added on January 12, 2009, 8:58 amoh no. I see reversal of trend. sad.gif I think KNM will fall today.


Added on January 12, 2009, 8:59 amin just few seconds, almost all 0.495 seller gone... tongue.gif


Added on January 12, 2009, 9:00 amso much support level for KNM...

This post has been edited by gogo2: Jan 12 2009, 09:00 AM
mo_meng
post Jan 12 2009, 09:03 AM

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suddenly all knm seller gone .. buyers coming in
AdamG1981
post Jan 12 2009, 09:18 AM

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TWSCORP moving, get in while its hot.

alivecmh
post Jan 12 2009, 09:21 AM

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what's happening to tamcorp.. Normally very silent but today volume surge so much, The price always near historical low but today rebound so much. Any insider info ?
kinwawa
post Jan 12 2009, 09:22 AM

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walauyeh.........so low volume.....all can go gao gao g liao tongue.gif

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