Morning ... with KLCI flattish ... slightly red, below 1650 support. EXIT or AVOID.
Keep cash ... wait la to see what FED has to say ... cut-rate ke ... or shooting Trump. haha
Dayang : sold opening 1.49, it hit resistance 1.52 zzz ...resistance = sell la.
TM : bought on Friday, have to cutloss as it gap down ... no follow thru. sigh
AirAsia : ex-div 90cents, opening 1.95 (from 2.85) and surged to 2.15 ... due to craziness ... cheaper now ma, RM2 only ... those mentality ... hmm ... weird mentality due to ignorance?
so, it is crazy to chase AirAsia up today ... but that is how market works.
Amazingly, stock markets full with many kinda emotions in play ... from FEAR to GREED.
Fear of missing out ... FEAR controls us
Greed ... that is why we want sell higher and higher ... heck, market is a kinda place that no one want to talk about their LOSSES. Wish someone would sit down ... have coffee with me to talk about our losses ... a small group of us, checking on our stupidity? Anyone ....? come ... we sit down for an hour or two, only to share on our STUPIDITY ... and how we overcome that, plus getting smarter now ... wanna join me for coffee? call me then. haha
We all came into markets ... thinking is it easy to profits from markets ... no thanks stupid-majority telling us only their profits ... and keeping quiet with their losses. Heck ... that created GREED.
We should not blame others ..it is our own stupidity or ignorance, anyway. We THOUGHT ... it is an easy path ... buy then sell for profits la, what is so difficult about it? Hmm ...
time for early lunch ... taken profits well today. Good trades.
Be back after 3pm ... now, rest.
TEH
joekit
aiyo....tok bout losses....padini killed me....bought rm4.50...sigh
2019-07-29 11:56