It is Sunday ... time to rest with family. I do have a 3-hour gold talk today. Will report about it tonight or whenever I am free.

I was re-reading some of the broker reports yesterday, particularly those reports related to property and construction. With those ETP(MRT) news and optimism, many construction/property counters has been doing well since last year. The music seems to be abruptly stopped!! Most of the constructions and property stocks are in downtrending now, breaking many supports along the way. So, I shall watch them ....

While KLSE still have some time to go lower, with rebounds possibly seen next week or so, one should not catch falling knives. Not constructions or property sectors. Not building materials such as steel-sectors too. Not banking or IT-sectors. Perhaps, having a more defensive views and going for telco(TM, Axiata, Maxis, Digi) or Consumer-stocks.

HKSE : Yes, I will be glad to have my 'turtles' sharing my workloads in searching for some 'cheap' stocks listed in HKSE. Once we could find a good platform to trade HKSE, I shall move more into that. KLSE is is not cheap. There are many good counters in HKSE which reaching 2008 low and some traded below 2008 low!! I dont see that in KLSE yet, and I doubt KLSE will go below 1000 level. In fact, if KLSE going down to 1200 level, time to really consider to BUY some good chips in KLSE too. HKSE is the place for trading ... hence, I will guide them there and I will write more of HKSE's stocks rather than KLSE.

Yup, once we have the meeting on, for those who wish to join our group, learning to buy into cheap HKSE's stocks, you may want to contact me. At the moment, my group meetings will only be for those few who attending my trading classes. My classes is NOT a stock picking class and our intended meetings will be looking into the stocks we should be picking-up.

I will also want to teach them to do homework ... gosh, at times I feel they are 'lucky'. Haha ... I was looking for someone to guide me 4 years ago but I was in Sabah then. One of the reason I am back to KL is to attend more trainings, more seminars, more courses and talks, and get to know more like-minded people who interested in trading. Yes ... how I wish I could attend a simple trading-class teaching me what homework to be done, what indicators to be used, what data to extracted and so on ... I am providing my 'turtles' with that. Yup, some of them do appreciate my efforts ... yet, I still feel it is a loooong journey.

Here I will introduce some of my turtles who attended my Friday's class(in alphabetical order)

BL : A young turtle with science background and only less than half year in KLSE. Extremely hard-working and motivated to learn from me. He could do very well if I could guide him correctly. One of the person to be 'used' by me to help others in his group. Very diligent in his readings and asking for more homeworks to be given. Patience need to be cultivated in him.

CT : A veteran in KLSE but traded without charts. In learning to kick his old habits of punting and I do think he could do well in that aspect. Still very raw in charts and terms.

MS : An older turtle but with good character of learning. That will do him well as I do think that is one of the character needed to be a good trader. Slow(patience), discipline and continous learning attitudes. Will get the younger ones to help him in his charting.

PL : She is the a vibrant aunty-turtle.(haha). With her around, the chat becoming so interesting!! Yes, kicking her old habits of listening to her many aunties-uncles stock-kaki who buy stocks through rumours and all those cheapest-active stocks in town. Old-habits die hard ... but with us around to remind her, guess she is listening. Need to help her in her charting too. Her vast experiences in listening to many talks will help those younger ones.

RR : A more quiet and preserve person but started to show interests in our conversations. Do need help in charting too as KLSE is considered new to him.

SP : A veteran in KLSE too ... and being a senior(age wise) in our group, he could share many stories about other courses he heard of and attended. Older people do need help in chartings. Wiht his vast experiences of attended courses, talks and such ... we could gain from his knowledge on that.

Yes, all with different background, different levels of learning ... and I am still trying to check on strengths and weaknesses. We should amplify someone's strength and complement that into our learning and to check on our weaknesses. With these learning-turtles, I do hope I could slowly get them together to help each other. It takes some time for us to know each other.

I do remember my first class with them ... most of them are very quiet and I was slightly nervous too. I am much more relax last Friday!! Phew ... learning becoming more interesting rather than stressful. In team, we could see things much better.

Ah-ha ... this could be the beginning of my teaching adventure ... in my trading adventure.

10.05 pm : Liverpool 1 - 0 down, tired after out for whole day since 7.30am!! I went to Bill's ETF's talk but he done that briefly ... some ETFs which many could buy - namely GLD and SLV for gold and silver. ETFs is not popular in Malaysia punters circle. I am too tired to write ... but trying to check on few stocks to BUY tmr. At the moment, I bought SP-wb on Thu.

Jim Cramer - U need to dislike such human entertaining many about financial and equity markets. I still dont understand that CNBC making it a 'show' which involve millions of dollars from the naive investors in US listening to these garbage from the rubbish man.





Cramer Admits He Was Wrong on Bear Stearns



Cramer Screws Up Again, Viewers to Buy Wachovia 2 Weeks Ago



Night.

TEH