haha at least this writer made it clear to u with his simple layman term findings instead of gogogog or 1/2" b sub par below blah3 Good job and thanks :)
thanks ahtan and lotsofmoney. Most importants aspect is that we small investors share our knowledge to gain some profit from those big investment institute :)
It is great to know u r back and in here too. Yes, I m glad as many of here could benefit from your analysis.
I will clear some at 3.15-3.20 and let others to run but resistance at 3.30 must be respected, taking profit point if needed too. When more retailers pushing in, it is a SELL to me.
Do trade as planned. If u dont know how to plan, you many want to join my tratles group and we could share opinions on stocks.
Well i believe they business will be affected by Malindo and they announced that they are rethinking twice about the $80 Billion purchase of Batavia in Indonesia.
It is just so happen that QE3 was approved on Thursday night which aid the temporary recovery of Air Asia. We might not know whether this is a strong dead cat bounce from KLCC TOWER compared to double storey house. The height might must be too high to cause a high chain rebounce on this counter.
Just keep say and monitor intraday for any shooting star during the last 20 minutes...
Yes, I used technical for the trade. Basically, it is technical analysis. Gapped down with hammer/spinning top/doji with strong volume is a strong buy to me.
Those without experiences of catching a knife SHOULD NOT be buying but wait for reversal to confirm, for example the confirmation in hammer or perhaps, MACD in green. Buying at 3.10 above could be a 'safer' buy rather than a crazy buying at 2.85 or below.
I bought hugely due to Malindo news, actually. Without bad news, it could not create panic-selling. Without that, many will not cut-loss or selling it at deep discount. Without these noisy forums(and many more) making those noises, we could not gauge the FEAR level in markets. I thought they said ... be greedy when market is fear? No?
Anyway, I explained to my whole group about my trades as I do not want them to follow blindly and caught a knife, wounded and do not know how to get out.
Yes, it a shooting star or even a doji to form nearing to my resistance level, I will sell. Shooting star, or hanging man, sell ALL. Doji ... well, sell half or more.
I have given my whole groups 7(I could name 12, actually) why one should not be buying AA at 3.50 when a report came out to BUY with target RM4+. Sigh ... so much about contrarian.
Anyway, we shall watch together how I exited(I shown all my entry ... and may bought lower than me!!) and many could learn, if they appreciate my postings.
Miss my old pals of e-meetings mates which we did last year together with you but I won't have much time as last time since I promoted to a husband status haha :)
E-meeting with a team is excellent as you can save times to compile the data and news to check which stock to monitor instead of scanning 100 over stock even with the xpert trader filtering system
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Frank Soweto
3,425 posts
Posted by Frank Soweto > 2012-09-14 23:34 | Report Abuse
haha at least this writer made it clear to u with his simple layman term findings instead of gogogog or 1/2" b sub par below blah3 Good job and thanks :)