Posted by TESSA > 2013-11-30 21:59 | Report Abuse

What? where...where

Posted by ooi1955 > 2013-11-30 22:00 | Report Abuse

Hi! Tessa... small town in Kerian District. I know you are from Perak too.

Posted by TESSA > 2013-11-30 22:02 | Report Abuse

Oh I see :)

Posted by ooi1955 > 2013-11-30 22:08 | Report Abuse

Bro Sj3, what indicator am I suppose to look for? I'm so blurr... I fail lesson 1.

Posted by Ooi Teik Bee > 2013-11-30 22:11 | Report Abuse

I just want to add, I hope this information will be useful to everyone.
A stock is trending 30% of the time, 70% of the time is trending sideway or no trend. Hence it is very important to catch it trending. It is also very important to catch it at the beginning of the trend.
Using Elliot wave theory, you can ignore Wave 1 but not miss out Wave 3 which is the most impulsive wave.
Thank you.

Posted by CityTrader > 2013-11-30 22:13 | Report Abuse

Noted with thanks again, Mr Ooi & kind of your imparting TA knowledges.

Posted by DLuckyGuy > 2013-11-30 22:38 | Report Abuse

is this stock good.thanks

Posted by ooi1955 > 2013-12-01 00:15 | Report Abuse

I won’t give up, Bro Sj3. Never say die until you really try.
I made a copy of your posting so that I can refer later.
See..I told you that your skill is in your blood... you'll never forget. This is just refreshing your memory ... you kill 2 birds with one stone. Help people in need (mainly ME) & rekindle your memory.
Well, with Lesson 1... Bro Sj3 you should know where I stand. I'm just like a baby learning how to crawl. I'll most probably give you shocking answers but with every painstaking explanation from you I crawl a step nearer to my goal....
Bro Sj3, thanks for taking the effort & time to prepare the write ups..
Good night....

Posted by ooi1955 > 2013-12-01 08:27 | Report Abuse

Good Morning, Bro Sj3. You had a late Saturday night.
The above noted. Looking forward to your next chapter. No hurry take your time.
I’m off to Sunday market. Lots of things to see… like pasar pagi. Village people will come out to sell their home grown veggies or home made goods.
See you later.

Posted by ooi1955 > 2013-12-01 15:26 | Report Abuse

Bro Sj3,
“so may i ask you once more, please how do you tell it is in stage 1 and stage 3? “
Answer :-
Stage 1 is when a stock has come DOWN and moves in a straight line/sideways with no significant ups or downs for some time.
Stage 3 is after the stock had moved UPWARDS than will rest and trade side way again with no major ups and downs.
Bro Sj3 are you testing me to see if I catch what you wrote in Lesson 1? I like it… at least you can correct me if I misinterpret. … but extra work for you loh.
“ cannot determine without data that is for sure. so where to look for it? this thread although info provided is over a short time period.”
Answer: I found this site on historical prices. http://www.klse.info/counters/historical-prices/stock/5789 I have MBB trading account so I kind of depend on the charts available there.
Can chit chat now…
Yes, you are right, I am a typical kampong lady. No much exposed to the outside world. That’s why I’m a bit donggoi (stupid) at times. Hence, family is very protective of me. I was also busy this morning after my fruitful pasar pagi outing.

Bro Sj3, glad to hear that you are having a wonderful time with your grandchildren.
We are taking a free & easy trip with our lessons … remember no deadlines……….. so no worries
Enjoy your wedding dinner & I’ll see you tomorrow.

Posted by ooi1955 > 2013-12-02 09:14 | Report Abuse

Oooo... Bro Sj3.. thank you for making the sky seems so bright & shiny this morning... can go and kapor in inwest's home now & monitor Hexza which I just bought 29/11/13 at 0.665. See you later...

Posted by ooi1955 > 2013-12-02 11:51 | Report Abuse

Bro Sj3… got it, you can delete. I’ll recall your memory if I don’t understand at any point and need to ask you for clarification. So no worries.
My free time is normally after lunch about 2PM… than at night after 9PM, unless there is any family outings or visitors. But I do pop in now & than (when time permits) to check on my counters & the postings here (especially 932 & LBS thread) .
I was in the midst of cooking tom-yam… while waiting for it to simmer to extract the full aroma and here I am again.
OK.. now back to my tom yam….. enjoy your newspaper.

Posted by FreeThink > 2013-12-02 11:56 | Report Abuse

ooi, i have got some TA ebooks downloaded but i lazy to read...hehe...i could share those with you if you want

Posted by FreeThink > 2013-12-02 12:23 | Report Abuse

huh...how can u say like that? ooi is my buddy...

Posted by ooi1955 > 2013-12-02 12:37 | Report Abuse

FreeThink... thanks would appreciate that very much. I can try but I believe with Sj3's explanation I can understand and absorb better. I also did download some books but sad to say my standard of understanding is very poor. With someone kind enough to pin point your mistakes and guide you along... it sure makes one hell of a difference as compared to me struggling alone....but with Sj3 as my mentor, I have confidence that I can improve.
Thanks again buddy!

Posted by FreeThink > 2013-12-02 12:37 | Report Abuse

i was just kidding...hehe
it's ok, i leave the space for u and ooi...: )

Posted by ooi1955 > 2013-12-02 12:40 | Report Abuse

Bro Sj3, I'm fine with whichever way you prefer to proceed.... either here or there. Thanks.

Posted by twobits > 2013-12-02 12:46 | Report Abuse

scjm3: appreciate if you can continue your lesson here. thanks!

Posted by twobits > 2013-12-02 13:28 | Report Abuse

sjcjm3: on LBS 2 years chart...

I would say...
Stage 1 dec 2011 to May 2013
Stage 2 may 2013 to Aug 2013
Stage 3 aug 2013 till now..

I cant quite confirm stage 3 and 4 whether the cycle is completed already.

Posted by ooi1955 > 2013-12-02 13:31 | Report Abuse

Bro Sj3, I concur with your opinion of learning from text… I’m a living example.

Posted by TESSA > 2013-12-02 13:51 | Report Abuse

:)

Posted by ooi1955 > 2013-12-02 16:27 | Report Abuse

Yes... I'm here, Bro Sj3...
I think your virus kacau you again.
Nevermind take your time, I can wait.

Posted by ooi1955 > 2013-12-02 16:40 | Report Abuse

Ha!ha!ha!... I dont think I can ever be near Inwest but being able to identify the trading pattern of a stock, knowing when to enter & exit and can make some pocket money (dont be greedy)is more than good enough for me. And I'm learning to that now, thanks to Bro Sj3.

Posted by ooi1955 > 2013-12-02 16:50 | Report Abuse

No... Bro Sj3... its good to comment on LBS too.
Are you look at the intrachart in i3 here, 6mths chart.
Your stronger resistance of 1.70 and support rests of 1.64 is it from trading day 27/11/2013, where the highest & lowest is as per mentioned.
Bro Sj3, I'm just getting the feel of it.. dont mean to move ahead of my lesson.

Posted by scjm3 > 2013-12-02 17:04 | Report Abuse

001 my earleir posting not complete.
your competitors will want to have an edge over you and others by trying to keep one step, better still two steps ahead in the market. your competitors are :-
1. people in the same category like you. have a knowledge about trading. try to interpret the charts and indicators to make a prediction of price movements.
your competitors would use all technical indicators or select a few preferred indicators to determine the sentiment. also use all parameters on the charts and preferred selected few for the same purpose. here, people here has different skill levels to do the interpretations.
2. uncles and aunties who follow blind (rumours, herd instinct) and tikam tikam(akin to gambling). but in gambling, also got win sometimes but 90% wrong. human being is a strange creature. when win, play small, small. when lose (got emotional, hot hot), play big, big. so you might hear of story i like this one use by a contributer in this forum "got burnt real bad and warded into icu." this person has a great sense of humour. i like. you know in the 90's, these resulted in some people jumping out of buildings. at that time everything anything goes no ceiling/floor price.
now to cap the financial loss and prevent serious harm bursa malaysia implemented the 30% limits (either direction up or down).
3. people using softwares developed by trading houses. each software different using different indicators and parameters. in addition, everything is intrepreted. all these people see in the screen is the buy/sell signals. so if like, press buttons on computer to carry out transactions.
4. people from the funds. these are the biggies. big bucks, sophisiticated programmes, many staff(each given several counters to trade) engaged to do trading. same here sell/buy signals automatically flashes on the screen.
winning chance for group 2 sorry lah very low. group 4 stands to gain the most from the stock markets because analyses come out right most time.

Posted by ooi1955 > 2013-12-02 21:53 | Report Abuse

Inwest, thank you very much. You are most welcome here, you know.
Bro Sj3 has very high regards for you.

Posted by inwest88 > 2013-12-02 22:01 | Report Abuse

# ooi - yes, I know, In fact I have the same, if not higher, level of respect for sjcm.

Posted by ooi1955 > 2013-12-03 12:50 | Report Abuse

Appreciate your tots. Thanks, Inwest.

Bro Sj3... this morning was abit risky but it does make a very good example for your 'bungling' student. Picture speaks a thousand words!
Yes... Bro family time... see you at 2PM.

Posted by miketyu > 2013-12-04 09:36 | Report Abuse

It amazed me that LBS bought back share at 1.66 and 1.67 level. As if the company thinks that the share is still not expensive at this level? Jupiter securities just gave a buy call at 1.66 as target price is 2.33 to 50% discount at 4.66 RNAV

Posted by yipman > 2013-12-04 10:25 | Report Abuse

Boot it into safe mode if your windows do not start normally and back up all documents

Posted by Christine Goh > 2013-12-04 15:44 | Report Abuse

thanks bro scjm3 & ooi.....

Posted by fabregas88 > 2013-12-04 16:22 | Report Abuse

cheers scjm3..

Posted by miketyu > 2013-12-05 09:11 | Report Abuse

Volume has increased and buy rate about 60%. Does this means that uptrend is coming? I saw some ppl queue for 1.76 before market open. lol

Posted by derrickinvestor > 2013-12-05 12:23 | Report Abuse

looks like LBS lost its grip

Posted by Muadzam Muzafar > 2013-12-05 15:16 | Report Abuse

slow

Posted by miketyu > 2013-12-05 15:41 | Report Abuse

can i follow the lessons u guys are having as well?

Posted by miketyu > 2013-12-06 23:46 | Report Abuse

Director has been accumulating from range 1.5 to 1.68 range

Posted by derrickinvestor > 2013-12-09 10:59 | Report Abuse

why the LBS son cant move?

Posted by miketyu > 2013-12-12 21:57 | Report Abuse

Mr OTB can you advise on your once recommended stock? Directors has been accumulating for few continuous weeks. Would u advise buy agian on this stock?

Posted by Ooi Teik Bee > 2013-12-12 23:08 | Report Abuse

Technical chart is very weak, I am giving out hope on this stock. There is no interest on this stock. Directors play themselves only. Very difficult to earn their money. Ten cents is bigger than lorry tyre.
Thank you.

Posted by miketyu > 2013-12-12 23:20 | Report Abuse

ok. Thanks for your prompt reply.

Posted by euscilyn > 2013-12-13 07:32 | Report Abuse

Is a very traditional company.

Posted by smalltimer > 2013-12-13 16:18 | Report Abuse

company sold of land in china....started payout this year in 8% dividend on top of normal div. But next year is lower payout i think 6% on top of normal div.

Posted by nocallme2001 > 2013-12-13 18:21 | Report Abuse

why these 2 days got huge volume sell after closing? any intention? i am beginner, dont know how to read this signal
eg: today LBS 5376 lots sold at 5:37pm, LBS-WA 3411 lots sold at 5:36pm

Posted by sl0901 > 2013-12-13 22:18 | Report Abuse

Target price $3.03?? I think not possible. $2.00 also have to wait till bila!!

Posted by derrickinvestor > 2013-12-13 22:46 | Report Abuse

I think this company has lost their fundamental

Posted by spongebob > 2013-12-14 15:08 | Report Abuse

Hopeless la...

Posted by miketyu > 2013-12-17 12:17 | Report Abuse

What is the implication of reselling treasury shares?

Posted by smalltimer > 2013-12-17 14:39 | Report Abuse

director Lim Hock San hv been accumulating this share. Wonder why?

Posted by smalltimer > 2013-12-17 14:40 | Report Abuse

Selling treasury share to increase liquidation? Add profit to P&L?