My Trading Adventure

End of May : Go away

CP TEH
Publish date: Thu, 31 May 2012, 07:55 AM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
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"Sell in May ... and go away" is true this year. So, it is end of May now ... it is time to go away. It is a summer holiday, school holiday ... time to go away and come back around August? Perhaps, we should hibernate till Sept ... and only to ''Wake me up when September ends"? I am not sure if I buyings in May is a good idea. I have to wait to see what is next in June ...

DOW closed 160 points lower this morning. We could expect another sell-down in HKSE ... so, I will check to see if I want to buy another counter there.

Facebook : Plunged to USD28 levels now .... and I will check her at USD 20. We could never understand why would anyone interested with the IPO or buying into the stories. Those crooks... the bankers, they are known to be crooks ... treating investors as suckers ... using media to create the hype. I do think good investors will avoid this hype and won't buy into these stocks!!

Brace yourself for anonther sell-down ... or else, cut loss ... and go away.

Got to go ...

TEH
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Discussions
Be the first to like this. Showing 5 of 5 comments

carries

As a long term investor, it is impossible for me to "sell and go away", as i am still adhering to my "buy and hold" philosophy.

(I am aware that although this strategy has worked very well for me in the past, it may not continue to do so for me in the future. However, i just do not have the skill or mindset to become a "trader".)

Anyway, the months of May and June is the time for me to be collecting my dividends, treasury shares and maybe subscribing to some warrant entitlements etc

I think everyone should be aware of their strengths and weaknesses and invest accordingly.

The biggest mistake we can make is to allow others to influence our decisions or just follow the crowd mindlessly like sheep .....

2012-05-31 10:19

Yuzuki

for these months our funds are scalp trading daily on active stocks while collecting good dividends for stocks like AMway, wellcall etc bought during the 2008 downturn, no worries hehehe

2012-05-31 10:34

Yuzuki

for these months our funds are scalp trading daily on active stocks while collecting good dividends for stocks like AMway, wellcall etc bought during the 2008 downturn, no worries hehehe

2012-05-31 10:34

Yuzuki

like uncle Koon said, we never put our funds in FD or Bonds hehehe

2012-05-31 10:39

tkleng

we sell to get more fund...not for FD or bond
if market drop can buy more undervalue stock

2012-05-31 10:58

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