Now, something is in my mind right now ... I paused for a while, reading the Edge today about TTB's view that he began to be bearish in equities in FEB this year and increased his cash positions from 4% to 50%.

Latest by TTB : Click here ... the storm is over but it will be replaced by tsunami. Hmm ...

More videos by TTB : Click here

So, what is my concern? Hmm ... many of investors or traders are still hanging on to their stocks and will not be knowing what will hit them once stock dive further. WHY those broker-houses gave us such a BRIGHT SKY just merely 2 months ago? Are they asking retailers to buy, to push the KLCI up to the highest level only to sell it down? Why is there a SUDDEN change of bearish views? Can I question their credibilities?

Next, if the market REALLY rebound in coming weeks, they might come up to UPGRADE the markets again? And it continues to dive to lower levels, will they continue to down-grade the markets, sectors and stocks? DOES IT MAKE SENSE TO YOU?

Hence, the decision on whether to take profit/cut loss or HOLD ... is ultimately on ourselves. DO NOT blame the broker-houses reports(they are just working, writing WHAT YOU WANT TO HEAR), do not blame your remisier, please do not blame us bloggers, do not blame your dogs, do not blame anything or anyone. Nope ... it is not your un-lucky underwears you have been wearing for these few weeks. Take responsible when market or your stocks crashing. Then only we could be stronger to LEARN from our mistakes, lessons and hopefully, did not give up on markets.

The difference between the 10-20% who profitted from markets is their characters. If one has a strong character, they will survive. They will becoming stronger and more knowledgable in future as they UNDERSTAND that to be successful in anything, they need to learn ... lessons and it takes time. I am a believer of such. It is not flash-of-pan, one good trade doesnt make a good trader!!

To start with, MORE READERS started to click BEARISH in my poll for the past 5 days, where it started well with BULLISH initially. Now, what has happened? Where is the bull now? Why suddenly the outlook becoming BLEAK? Is it true?

If you are BEARISH, it is only logical to take every short-technical rebound to reduce your exposure or clear it off totally. I have little stocks left, no warrants or call-warrants(except SLV-c1, riding on silver-rally). I wll lilke to go defensive, looking at BJToto and such dividend stocks. Better still, stay in cash positions and WAIT for VALUATION to be stablised.

If you are BULLISH, this sharp correction is a time to bottom-fishing and to BUY. That is your view and it is yours, no one putting a gun in your head and asking you to buy next week or so. If one is bullish, BUY. Period.

Novice and Newbies : I will advise those dont even know anything much(like me) to stay sideline. WATCH the bull-bear fighting. Stay out while learning ... LEARN NOW as you could take advantage of the coming rebounds!! If you are STILL losing money, that is because you are ignorant. ADMIT mistakes ... and if you think I am a harsh teacher, then face the market!! . I will add some salt to the wounds so that one will learn!! If one dont wish to learn and improve, DO NOT trade. Current volatilities are NOT for novices like me, ok?

p/s : I m trying to be polite again. If I see myself as a novice, and if you think you donot  have my 'shallow' knowledge, you are a novice too. ADMIT that before you lose much more money into KLSE-hole...

I have made my decision - I am bearish and sold most of my counters, for small profits or losses. I have sold many 3 weeks ago, still stucked with some and sold more during recent short rebound.

DO NOT read my blog and sell your stocks tmr, please. Ask your remisier or those know-how.

Good luck next week. I will stay sideline UNLESS KLCI down more than 80points in panic-selling, I will be buying again(hope I dare enough) for short and fast technical rebound.

Your decisions to buy, sell or hold is fully up to you. IF you do not even know what to do, dont you think so it make sense you START to learn? If you could afford, attend those professional-training, ok? Many con-men out there, be aware, tho.

If you are novice/newbies and accept defeat and want to learn under me, do contact me. See how I could help. I will screw some loosen joints in your mind which causing you to GAMBLE and lose more in markets.

6th May 2010 crash in US


Do listen to the above clips. Do not listen to most of your friendly broker-houses. If u do not buy/sell, they will be out of business. WHY should we listen to them when all they want to do is buy or sell stocks? They are in winning end, you buy-sell ... profit-loss.

Be Weary of Stock Analysts



Got this one from a local blogger, Lee. Thanks.

TEH