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 Stock market V23, New PM in the house

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sampool
post Apr 14 2009, 10:15 AM

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QUOTE(Grengo01 @ Apr 14 2009, 11:11 AM)
Prolly u are right.. the stocks I sold moved.. not much.. coz I kiasi.. I sold off.. stocks I hold.. more like eenie minie mo... also move but not much and I had good feeling.. seems like bad...SAAG (avg 18.5sen), Oilcorp (avg 25.5sen), L&G (avg 19.5sen)... I mean KNM when u average about 34sen.. what would you do at 45sen? Expect it to fly? E&O avg about 52.5sen.. at 60sen what would one do? LCL avg 50sen at 59-60sen?
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ur buy stock is try to catch the bottom as possible (by average down), but when sell stock ur not catch the highest as possible (by average up). But, all those trading skill ned some capital. hmm.gif
cherroy
post Apr 14 2009, 10:16 AM

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QUOTE(Grengo01 @ Apr 14 2009, 10:11 AM)
Prolly u are right.. the stocks I sold moved.. not much.. coz I kiasi.. I sold off.. stocks I hold.. more like eenie minie mo... also move but not much and I had good feeling.. seems like bad...SAAG (avg 18.5sen), Oilcorp (avg 25.5sen), L&G (avg 19.5sen)... I mean KNM when u average about 34sen.. what would you do at 45sen? Expect it to fly? E&O avg about 52.5sen.. at 60sen what would one do? LCL avg 50sen at 59-60sen?
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If I have KNM at 34, at 45, I will do nothing. I will set a floor price to protect the profit at around 42 or so.
As simple as that.
kitzai1981
post Apr 14 2009, 10:16 AM

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QUOTE(Soulsareworthless @ Apr 14 2009, 11:13 AM)
Damn it, Genting dropped, common go go Genting!
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shit, still drop today.... cry.gif
ABC2020
post Apr 14 2009, 10:16 AM

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all lose steam.... common, up more
Grengo01
post Apr 14 2009, 10:18 AM

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QUOTE(cherroy @ Apr 14 2009, 10:16 AM)
If I have KNM at 34, at 45, I will do nothing. I will set a floor price to protect the profit at around 42 or so.
As simple as that.
*
At the end... I route it down to greed.. smile.gif.

Sold all the way up.. 43sen to 45sen.... and it burst the top.. guess we can never catch the top... we should be happy with the little spoils of trade and enjoy a few luxuries from the gain.. smile.gif.
Junior83
post Apr 14 2009, 10:19 AM

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bolehland green while others red, trend cautiously
Soulsareworthless
post Apr 14 2009, 10:20 AM

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QUOTE(kitzai1981 @ Apr 14 2009, 10:16 AM)
shit, still drop today.... cry.gif
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Yup, red army has come for Genting.
SKY 1809
post Apr 14 2009, 10:20 AM

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QUOTE(cherroy @ Apr 14 2009, 10:16 AM)
If I have KNM at 34, at 45, I will do nothing. I will set a floor price to protect the profit at around 42 or so.
As simple as that.
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Very good thumbup.gif

trying to put it to practice.

By the way, can we do a program sell like that.

Let the computer decides, so that we do not fall in love with the stock.

Mind to share ? 10Q

This post has been edited by SKY 1809: Apr 14 2009, 10:25 AM
yeeeeko
post Apr 14 2009, 10:21 AM

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QUOTE(Junior83 @ Apr 14 2009, 10:19 AM)
bolehland green while others red, trend cautiously
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bolehland also following others soon. Red coming lo.
Grengo01
post Apr 14 2009, 10:21 AM

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QUOTE(sampool @ Apr 14 2009, 10:15 AM)
ur buy stock is try to catch the bottom as possible (by average down), but when sell stock ur not catch the highest as possible (by average up). But, all those trading skill ned some capital.  hmm.gif
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need loads of it.. LOL..

capital of course is paramount but being bitten in so many instances, I think now I kiasi... the moment the stocks dip.. I am very inclined to DITCH.. sigh... rclxub.gif
Soulsareworthless
post Apr 14 2009, 10:23 AM

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Genting just broke even again.
cherroy
post Apr 14 2009, 10:24 AM

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QUOTE(Grengo01 @ Apr 14 2009, 10:18 AM)
At the end... I route it down to greed.. smile.gif.

Sold all the way up.. 43sen to 45sen.... and it burst the top.. guess we can never catch the top... we should be happy with the little spoils of trade and enjoy a few luxuries from the gain.. smile.gif.
*
Don't always get over excited when the stock move or when it makes gain for you.
People tend to sell when seeing profit being made but in the end miss out bigger profit ahead, while stuck with losing counter, don't know how to cut loss.

Let profit run, while protect it. I find it is a very useful strategy through my experience. smile.gif
kitzai1981
post Apr 14 2009, 10:24 AM

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QUOTE(Soulsareworthless @ Apr 14 2009, 11:23 AM)
Genting just broke even again.
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yup, is green army turn soon...

civicminded
post Apr 14 2009, 10:24 AM

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QUOTE(cherroy @ Apr 13 2009, 07:44 PM)
Wrong wrong liao. It has nothing to do with call warrrant, CB.

He/she got Axiata-OR which is going to be listed later on 15th April.
Basically with 7 lots previously with 5:4 ratio, 8.75 lot being allocated which enable for one to buy at RM1.12.
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I want to buy the OR but do i need to do anything or just wait until the Axiata-OR being debited in my portfolio?
Thanks
sampool
post Apr 14 2009, 10:25 AM

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ci will try to break 960 and test the 980 by next week. hmm.gif sweat.gif
mo_meng
post Apr 14 2009, 10:26 AM

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RED RED RED
kitzai1981
post Apr 14 2009, 10:27 AM

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QUOTE(mo_meng @ Apr 14 2009, 11:26 AM)
RED RED RED
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green green green x 1000
cherroy
post Apr 14 2009, 10:27 AM

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QUOTE(civicminded @ Apr 14 2009, 10:24 AM)
I want to buy the OR but do i need to do anything or just wait until the Axiata-OR being debited in my portfolio?
Thanks
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OR is just a piece of form enable you to buy the right issue share at RM1.12.

It has no value after right issue subscription period ended.
AdamG1981
post Apr 14 2009, 10:27 AM

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Be careful of the mass euphoria. Usually means its time to sell soon.

As far as i can see, dow futures have not break 8000 effectively and convincingly even with all the good news in the financial sector. Expectations are priced in as for now. Might be a small/medium retracement coming soon if you look at the daily dow and weekly shanghai chart.



This post has been edited by AdamG1981: Apr 14 2009, 10:29 AM
kitzai1981
post Apr 14 2009, 10:27 AM

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KNM so strong...

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