A penny for your thoughts, please?

[BlackCat]

With the current global [and of course local] economic health, either with solid facts or merely your own gut feel and perspective: are you planning to be in the market [or are you already in the market since NOV/DEC 2008?] or just waiting to go out when the right opportunity comes along? Yeah, I got myself some foreign energy stocks and I might say its looking good now, very good in fact. And, I have been cost averaging my local EPF mutual funds investments in the last 8 months.This question have been playing on my mind the past six or so months ago.Should I be going into the local mutual funds market with cash? I am talking a very short term here: six to maybe 12 months with max to 18. What's your feel on this?Some of these funds are really looking very very good [that means still very very cheap: with only approx

 

[astroboy]

Market movement is a random direction when short terms are concerned and no different than going to Genting and place your bet in "BIG".. its 50% chance just like market, either up or down.

Now where's my penny?!

 

[BlackCat]

Market movement is a random direction when short terms are concerned and no different than going to Genting and place your bet in "BIG".. its 50% chance just like market, either up or down.

Now where's my penny?!

Hmmmm... there's a perspective.

But unlike taking a 50% chance at Genting, there is more to it than that. Its not just a random combination of 52 cards.

Your penny? TT on me the next time we meet bro. Thanks for sharing


BlackCat

 

[Hellraiser]

spoke to someone the other day, new inventory has been ordered recently for semi conductor products which means they are pulling thru till year end

 

[astroboy]

I used to be a broker, punter in both stocks and futures. I have learned and practice trend analysis which include charting and even Fibonacci forecast on market trends.

For your info, even with 52 cards, on the big/small table, there are also trends i.e. continuously 3 rounds of big, so the trend is big, so placing your bet on big will stand a higher chance of winning. Same with the Banker/Player game. I have seen 8 rounds of Bankers game, players are all cheering with chips piling up!

Ok, let's talk about fundamentals. Stock prices generally is 6 months ahead of the market and by saying that, whatever u saw happening to businesses now, it has all been factored into their stocks. U jump in when realising businesses showing sign of recovery, many will say thank you because to them, they are cashing out the profit.

I always tell others that picking the right time of entry is not as important as picking the right exit time. I have seen many investors proud of their paper profit but as long as the profits are not realised, its just paper talk. So what?!

Sorry if I confused u... I'm a confuse and greedy investor, so its better for me to stay away from the market and enjoy my little 4-potter..

 

[BlackCat]

I used to be a broker, punter in both stocks and futures. I have learned and practice trend analysis which include charting and even Fibonacci forecast on market trends.

For your info, even with 52 cards, on the big/small table, there are also trends i.e. continuously 3 rounds of big, so the trend is big, so placing your bet on big will stand a higher chance of winning. Same with the Banker/Player game. I have seen 8 rounds of Bankers game, players are all cheering with chips piling up!

Ok, let's talk about fundamentals. Stock prices generally is 6 months ahead of the market and by saying that, whatever u saw happening to businesses now, it has all been factored into their stocks. U jump in when realising businesses showing sign of recovery, many will say thank you because to them, they are cashing out the profit.

I always tell others that picking the right time of entry is not as important as picking the right exit time. I have seen many investors proud of their paper profit but as long as the profits are not realised, its just paper talk. So what?!

Sorry if I confused u... I'm a confuse and greedy investor, so its better for me to stay away from the market and enjoy my little 4-potter..

That was why I was seriously 'charting' the last 6 or so months...

And like I said earlier, its more like a 6 to 18 months term... But I have some that would be played 'long', esp in the energy sector. That, I can wait for 36 to 60 months and even longer. This cycle would see the light of day way before that period. Upside >300%! Downside 100% How much lower can the Brent go? If it does go lower, than thats good so I can buy more n avg down my cost waiting for that up swing! When it was first said that crude would be >USD100/bbl, the poor guy got 'shot' down! Do you seriously think the price would stay at USD45/bbl for another 3 years and that we still pay RM1.80/lt of premium till 2013? Dream on... I am not even surprised if we end up paying in access of RM3.0/lt by then.

Having said that, I am not a 'sentimental' investor. I can throw my stocks 'on-the-run', been there and done that... No regrets, let some other people make the extra bit as long as I've locked mine.


BlackCat

 

[astroboy]

...Having said that, I am not a 'sentimental' investor. I can throw my stocks 'on-the-run', been there and done that... No regrets, let some other people make the extra bit as long as I've locked mine...

Good discipline there.. you can never get to sell at the peak because only God knows where the peak is and continue chasing is where you get slap by the market when it turn.

Average down is also another deadly method if wrongly used, more so with stocks that do not have fundamentals. Not all stocks can average down where cut lost is more appropriate. You should know which are those.. :listen:

 

[BlackCat]

Good discipline there.. you can never get to sell at the peak because only God knows where the peak is and continue chasing is where you get slap by the market when it turn.

Average down is also another deadly method if wrongly used, more so with stocks that do not have fundamentals. Not all stocks can average down where cut lost is more appropriate. You should know which are those.. :listen:

Yup, couldn't agree with you more... Thanks for sharing your thoughts on this.

Am just wondering what other people are doing out there these days...???

Last I heard is that KL is low on physical gold stock!!! But I know nuts on metals

So I do not go near those.


BlackCat

 

[3CI]

Now what you see is feel good, but inside nobody know.. (Market cash is rich, but only keeping their self)

Foreign market for me short term margin play should be okay .. maybe 3/6 months ..
Long term no consider .. as now market status..
Im really miss the chance of the us market rate 0.50 last three months ...

 

[BlackCat]

Now what you see is feel good, but inside nobody know.. (Market cash is rich, but only keeping their self)

Foreign market for me short term margin play should be okay .. maybe 3/6 months ..
Long term no consider .. as now market status..
Im really miss the chance of the us market rate 0.50 last three months ...

Hei thanks dude... Will keep that in mind

You are into short term forex I presume?

 

[AlexNg]

Don't think so much... hehe...

i am only 24 and got a puny sum of savings (like RM6k) from 2 years of working like a donkey. i invested them all, and got over 30% profit... so i can buy my iPhone

 

[ICEMAN 68]

any good fx trader here ..perhaps can share some good techniques ??

 

[ALBundy]

http://www2.themalaysianinsider.com/lite/articles.php?id=26175

Perhaps, the situation is improving.

Cheers

 

[XXX]

Wei Blackcat no need to headachelah on whether make money or loose money, just go get the blardy E92 ...at least that wan straight away you know you going to loose 20% once you drive it out of the showroom...ok now you owe me 2 penis..ooops! sorry 2 Penny's....

 

[BlackCat]

When it was first said that crude would be >USD100/bbl, the poor guy got 'shot' down! Do you seriously think the price would stay at USD45/bbl for another 3 years and that we still pay RM1.80/lt of premium till 2013? Dream on... I am not even surprised if we end up paying in access of RM3.0/lt by then.

Looks like Xmas is coming early... its not even year-end and its goona be 2 bucks/lt by this SEPT!!! What's more Brent is just trading at USD57.60 last. LOLs

Wei Blackcat no need to headachelah on whether make money or loose money, just go get the blardy E92 ...at least that wan straight away you know you going to loose 20% once you drive it out of the showroom...ok now you owe me 2 penis..ooops! sorry 2 Penny's....

How to get the E92 la bro... Everything also going up... from one penny to 2 penis... Oooops... I mean pennys! Sumore, out the door and 20% depreciation! Beh tahan leh...


BlackCat