If you are thinking of making quick $$$, Genetec is not for you...

For those who do not know what dovish speech means, please check it out from CNBC. These are very important investment terms to understand for all traders and investors.

Asian markets(including KLCI) are mostly up today on Janet Yellen's dovish speech...

As I have always said, if things are so easy to see from the surface, operator will have to pack up and do another trade.

Sure or not? Do not just open your mouth to shout without verifying. For me, I am well hedged. If up, I can sell my existing holdings. If drop more, I can average down more for a better price to sell.

Ha! Ha!

My friend says he likes you. You are his promotor...but he will not share his profit with you...

My friend says almost anybody knows how to buy. But the real sifu is the one that knows when to sell....

The fact remains it is still above your purchase price of 1.38....

Keep for Christmas or next CNY or until the price drops??? My friend says all share prices move in cycles and waves...up wave do not sell, want to wait for down wave to sell???

The simplest reason I can think of is he wants to help my smart friend to sell high??? So nice of him. I will let my friend know..

That guy explained, "U really stupid. melayu said banggang. U cannot buy share at lowest and sell at highest price. Ini rezeki . Kalau rasa cukup patut bersyukur."

Lame excuse again!!! When that guy bought Airasia at RM 1.38, he never gave his buy call. But now, it is RM 180+, he starts to give his buy call. Why???

I think I have said enough for today. If he had not started attacking me, I also would not want to comment on his style. I always respect each other's style.

That guy only asked people to buy...but never teaches people how to buy cheap...

When does he intend to sell? Waiting for pp to chase high..

When did he buy it? When everyone else is so scared of a falling knife...

My smart friend bought Airasia below RM1, smarter than that guy...

That guy attacked me first. The forumers can be our witnesses. Later, he will tell u all his craps...

Go and check with his sifu...

Some stupid guy cannot even tell what accumulation and distribution are....

I am not a coward. Why should I meet u when we have totally different investment styles?

I do not see any need in meeting u. Pls respect each other's investment style. If u do not keep attacking my style, I will not even bother about yours.

I meant only opportunists/punters like u like to buy high and hopefully sell high(?)

U do not understand simple English??? Did I say I punt or chase after this counter? I only nibble or bottom fish(this may sound abstract to an old man like u). Only opportunists/punters like u like to buy and hopefully sell high?

Do not give excuses. The more you explain, the more truth I see in you.

I saw your previous postings. I recall you mentioned that you had bought big lots(1000 lots?) in this counter(when it was still heavily traded) and sold a few days later. Is this your so called real investment? Your action really betrays you.

I am not a fool. I know how to analyse people.

Say what you like. In the end, you are answerable to your own actions. I am not interested in Airasia. That is all.

My trading style is definitely different from yours. You liked to chase Airasia high and bought it at RM 1.38. For me, I only nibbled at Genetec Technology at current bargain price, with flexibility to average down at downtrodden prices, if more bad news is out(say below 10 sen, depending on circumstances). And I believe that business is cyclical and share prices should follow. Actually, I did not want to comment on your trading style. But you chose to make me react this way.

To each his own. I have never asked any forumers here to follow my style and even with a disclaimer clause. It is up to them to act whatever they deem fit, in their own best interest. Sell now if they are scared.

If you were smart enough, why did you not buy Airasia when it was trading near its recent low of 78 sen in last Aug? At the current price of 1.80+(more than double the price), you are still calling a buy. Are you working for the operator or yourself or ???.

Again, if you are so dead sure about its year-end target price of RM3, take the challenge. Give us your true identity and correspondence address so that whoever loses $$$ out of your buy call can claim damages from you. Like that, I will also sell my Genetec Technology to support your buy call.

Otherwise, why should we listen to you? And also, do not come back to claim credit even when it really goes up to RM 3 later if you have no guts to take the challenge NOW.

I am not interested in Airasia. I do not give a damn as to how high the price may go. It just does not meet my trade plan criteria.

Better spend time monitoring your own counters. Talk is cheap.

This counter, I have no worries and can sleep very well as it has been battered down so much due to your bad mouth. But for Airasia, I am more worried. Once the operator starts selling it down because of a stronger US$ or weaker travel demand, it could drop until your pants get wet.

All it takes is just a trigger by the local funds to get rid of short term opportunists like you. Ha! Ha!

Sky77, I cannot tell you too much of my trade plan. But you may
read my previous postings for part of my trade plan that I revealed earlier.

Do not follow my trading style wholesale. You must apply a trading style that best fits your risk profiles.

Spaghetti, you said your earliest sell call was above 20 sen. But after that, you continued to give your sell calls until the price dropped so badly to 12.5 sen. Even at this price, you did not stop giving your more scary sell call, without due consideration of how market works. Some forumers could have followed your sell call then(at 12.5 sen) and made realised more losses(instead of less losses now)

No doubt you can claim that you are a senior. But sadly, I can only conclude that you had no idea how the market works. Or rather, you had a hidden agenda?

Whatever it is, I had given you the benefit of the doubt initially by saying that you meant well for the other people. But your continued sell calls action really makes me question my hypothesis about you.

I have said enough. I do not wish to pursue any more argument with you on this. Let other forumers judge you by your actions.

I hope you are not giving us false info as based on my last experience with you on Aemulus Holdings, you had the tendency to exaggerate loss figures.

For me, I just trade according to my plan. I can use $$$ cost averaging to my advantage, if price drops further. Not a problem for me.

I trade much like the operator with a trade plan. Modify my plan as time goes by and according to circumstances. I could even exit this counter if I have absolute confidence in the counter.

So, do not follow me if you are risk averse and do not possess the necessary skills.

For a veteran trader like me, I have always been very humble.

Learning is a life-long process. I am still learning now.

Spaghetti, you have no guts to take up the challenge? I would have expected an opportunist like you to come back to claim credit if this counter drops below 12.5 sen.

And I am sure that some forumers here are more than ready to claim damages from you now out of your earlier sell call at 12.5 sen, if you had agreed to the challenge.

For this, I had tested how smart you were on giving out your sell calls.

I was a punter too some 20 years ago when I was a newie. I learnt my lessons too.

Now, I am fully aware of the risks involved.

Always stay prudent with a trade plan. Before we invest in a counter, think of the downside risk. Think of how much loss we can sustain if it goes down, and not always imagine how much $$$ we can make before investing.

Like that, we will have a totally new orientation in our investment.

Put yourself in the operator's shoes. Think out of the box.

If the selling pressure was indeed overwhelming, the operator would have surely pushed it down more.

I queued at 13 sen to test the market today. Also not done.

When there is selling pressure from contra players, would operator still push up for them to sell, esp when market turns cautious after the terrorist attacks? Of course, operator has to modify his game plan...

Sell if you are scared. This is still a better price to sell than previously at 12.5 sen.

T+3 today...most likely, got to wait for next week to see if there is any price action. This is a marathon affair. Operator will choose the right time to act.

KL penny stocks are mainly down today, caused in part by reaction to blasts at Brussels airport and subway hit...

Wow, I am probably sharing too much. Got to take a break for now. Guys, trade carefully. Good luck!

You can always have your own target price. But the operator will still pursue his game plan without you. After all, there are many punters out there. One more or one less of you does not make any difference to him.

Today, the play seems to be on Dufu Technology.

How do you tell market is bullish or not? Follow up on world's economic and financial news, eg CNBC. How long this bullishness will last is anybody's guess and operator's game plan.

Please take a close look at what prices the directors were selling. When market gets bullish, the operator will have his days in ramping up share prices. Only in a bearish market, everything will be back to basics.

It closed at 15.5 sen, the price level forecast by the chart, as stated below:

"Friday's chart looks good with a long white candlestick(bullish sign) and a healthy trading vol(could be masked too), after the first bounce from a deeply oversold situation. It looks set to test its immediate overhead resistance at 15.5 sen, created by the last gap-down."

So, who says chart is no use? Sometimes, it is useful too. But more useful for oversold and overbought situations....

Today, the play is on IFCA...