I noticed that the current mkt trend is quite weak with daily average seller more than buyer n uptrend chance is very limited.
Furthermore, the Fed Res Open Mkt Committee meeting is getting nearer, so I decided to cut loss by selling @0.77 which I've bought @0.795 earlier on.
Unluckily my 'hit & run' formulae was caught in the crossfire immediately when I took position due to price going downtrend for a few days n does not provide me the slightest opportunity to run.
My losses is very minimal compare with others n I'll never give up n shall wait for the next opportunity to recover my losses plus interest. God bless & good luck to all investors
there is more than 70 pct chance to c 0.795 tested soon..latest coming tuesday...i believe,from my chart analysis,anything lower 0.77 is a good bet to buy.Wud it go above 0.795 soon(50/50 pct chance)for 0.825 is left to be ssen over a period of 1 week from now.
55880955 It seems that u r quite confidence that MALTON will test the resistance level of 0.795 on Tues & over a period of 1 week @0.825.
But do u take into consideration the possibility of US military war against Syria & most importantly the effect of Fed Res Open Mkt Committee meeting on 17/9 & 18/9 respectively for tapering of stimulus policy. Maybe u might think that the tapering news hv already been absorbed n shall not hv any impact on the equity mkt.
Just to share with yr opinion whether is there any risk to enter the mkt within this period of uncertainties.
Today I've sold GOB & MALTON incurring a relatively small fraction of losses. But luckily I managed to make some profit fr MTDACPI which I've bought at a low price to offset my losses for GOB & MALTON.
lol...don't touch this counter liao...market yoyo now...buy more defensive counters such as reit, tobacco, medical,....if you still want to play shares
The highly expected increase in RPGT during the coming Budget 2014 in Oct will definitely hv an adverse effect on property related stocks. Equity investors & property speculator r advised to be cautious on the coming Budget 2014.
55880955 I'm already on the sideline but still holding PANTECH only. How about u ? Did u accumulate MALTON which u hv predicted that it will reach 0.795 & 0.82 by this week.
hiddengem..no n not even puncak or pantech.I have my limits n discipline esp at this time.Still alot of uncertainties out there but definitely,if i c any knee-jerk reaction at any time,depending on what causes it,wud consider seriously.
hiddengem....i ate alot of salmon when i was in USA,not once when i since came back...like to eat shark's meat...nice....buy the small sharks,v tasty cooking it with salted vege...
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....
Marcus Beh
2,483 posts
Posted by Marcus Beh > 2013-09-05 09:19 | Report Abuse
Lai haut ar