market super hot, too fast, too soon!!!

not good, not good!!!

i still have 300k to shoot!!! my dreams are all gone!!!

i think better keep my 300k in that damn saving bond that give 5% interest

thanks cherroy.

i will be cautious... i just hope market come down back to max 880 point la..

if market up 10 point on monday, i also wanna get rid of RM20000k worth of share first, which is about 2%... my initial plan was to dispose when market at minimum reach 1000point..

i really think another 10 point, this market is unrealistic.. should sell liow..

20k la.. because i have about 980k in KLCI now.. so 20/980 = 2% lo

ok let me think it over the weekend.. however, i really do not need the money at the moment leh.. so if i dump too much also, i scared.

So best is dump all my dead duck first!!!

i'm Q-ing to sell MASTEEL @ 0.76
COASTAL 1.35

i sold MASTEEL 22800 unit @ RM0.757.. waiting to off load my COASTAL @ 1.36

i'm dumping 2% lo...

will dump another 2% when market goes to 950, another 2% when market up 960, another 2% when 970!!!

most of my stock high dividend stock leh.. very difficult to dispose off.. sim tia!!!

several factor i'm considering..

- i don't need money now.
- i'm happy with 7% return, 4% dividend + 3% capital appreciation
- i still have300k bullet to shoot. I allocated 20k each week
- since i dispose 20k, this week, i will have 40k to shoot.
- I will only buy when market goes back down minimum 920, even that, have to c certain counter.
- for each week, i'm not buying, money will be rolled over to next week.
- if i don't buy this , next week i got 60k to shoot

i hope i can hold on to this strategy

This post has been edited by Neo18: Apr 13 2009, 02:29 PM

if market hit 1000 point, i hope to liquidate at least 20% of my holding

not too much, not too less..

ok thanks for your advise..

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Added on April 13, 2009, 2:36 pmok thanks for your advise..



This post has been edited by Neo18: Apr 13 2009, 02:36 PM

market is so irrational lately la.. i feel greed coming in

copper is at USD 4700
CPO is at RM2300
Crude Oil @ USD 52

everything is too early in my opinion!!!

why is market moving up? i'm so confused!!!

sold another one of my super useless counter...

PERWAJA STEEL

bought 2000unit @ 2.45, sold 2000 unit@ 0.82 = 67% loss!!!

this stock, better get rid of fast!!! hahaha

Queing to sell SIME and ASIATIC now

copper was at 4750 and now 4620 in an hour!!!

today i sold ASIATIC 1300unit @ 4.82 = 6266 (made a loss of RM4284)
sold SIME 1600unit @ 6.35 = 10160 (made loss of RM 1200)

for the past 2 days, i've been disposing off my dead ducks. Namely:-

1. Perwaja
2. ASIATIC
3. SIME
4. MASTEEL

I'm keeping my crown jewels:-

1. GAMUDA @ 1.64
2. Wah Seong @ 1.16
3. MUHIBBAH @ 0.83
4. WCT @ 1.09
5. AXREIT @ 1.25

I foresee plantation to come down, my average CPO price is RM1900!!!, then i will consider buying

Steel sector, I'm targeting to enter MASTEEL @ 0.64