My Trading Adventure

Bill's talk on ETFs

CP TEH
Publish date: Wed, 21 Sep 2011, 08:42 AM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
DOW flat as jittery in markets ... shivering ... it is cold. KLCI might test 1400 level. No more talking about 1700 level and slowly we might be talking about 1200 levels. What was your predictions by end of the year again? Those pointing to above 1600 might taking a twist in their views while those pointing below 1400 might be saying ... I TOLD YOU SO. Haha... whichever direction, we should not bother too much about predicting the levels. Yes, leave that to our friendly-brokers who employed many analysts to 'help' us(or them?) making a decision. Buy, hold or sell?

I will want to write about Bill's talk on last Sunday. It was raining heavily, I lost my voice and tired ... it is SUNDAY(my only off day) and I still travelled to KL to listen to his talk. Yes, to me ... these are my 'guru'. Honestly, I am the very few very early there, the very few who listened attentively, the very few who wrote a lot about what he said --- and guess what, most of what he mentioned, I do know about it(in depth too) and written in my blog before!! Just like Fred's talk the other day ... I do know about Peter Schiff''s discussion on Gold. When Fred asked : Do anyone know who Peter Schiff is? I raised my hand. Haha. Then, Bill asked that day : Do anyone of you know what ETF is? I raised my hand too. Haha.

If I know already, why attending their talks? Well ... let me tell you another thing(the difference between many and me). I m always in learning, and pointers I jotted down, I will be excited to do further 'study' on them. Simply put, I am still learning!! Manjority in markets DO NOT even know what is there to learn!! BUY a stock only ma .. hmm ...

Bill's ETFs : He mentioned many ETFs traded in US which given me many ideas besides GLD and SLV. I do check USO too. But, he given me good ETFs such as agri's ETFs and even basket of stocks traded in KLSE. Cool .. thanks, Bill. You are a nice by being frank.





9.15 am : KLCI flat ... ASX was in green just now but into red now.

SIME : At RM8 now ... buying at 7.65, 7.70 and 7.75 look as a good daring trade. This is SIME, babe. SIME is a heavy babe, not your DVM or even LionInd?

GenM : A low risk entry on Monday will be below RM3.40. Buying or selling is at your own risk.

In such a market, the firm advice is STAY OUT. But ... what if ... markets are at the bottom, and we are seeing another bull-rally till 2012? Well, then .. BUY BUY BUY la ... your call, please.

IJM : Going above RM5 and need to stay above RM5.

11.05 am : So, KLCI up 4 points.

Gamuda : Moving above RM2.80 now. Well, I sms-ed two of my turtles to check on Gamuda on Sunday. Yes, in my very busy schedule and lazy Sunday, I do not like to talk about stocks!! Haha.

I will also get a new handphone - set a bunch of turtles - send them my immediate thoughts about some stocks. Yup, that needs MONEY. So, I will collect some funds from them ... while they tag-along to learn. Hmm ... sending SMS needs money too, ok?

Gamuda-wd : Adding her to my warrants play.

IJM : I like her now ...

SIME : Still at RM8.05 ... waiting for more to rush in to rush in.

2.05 pm : KLCI up 10.5 points. Very bullish, thanks to SIME.

SIME : At 8.23 ... still attracting more buyers.

It is raining very heavy outside .... I stil got classes later.

So, I want to see how far SIME and E&O could go ... this marriage is not expected. SIME paying too high a dowry. We could not ask why? Some talking about CG ... hmm ... and SC ... hhmm ... smell fishy leh.

2.50 pm : KLCI up 10 points.

IJM : At 5.20 now ... yes, ... c'mon ... jump higher, will ya?



3.30 pm : Haha ... the coward-stalker is back and said I m bull-shit again. Haha ... by the way, the advice of taking profit is a good one. I am actually amazed that you still following my blog. It is kinda touching ... thanks for the joke.

HSI down by 200+ points now.

RHB's market talk in JB
Where?: Naza Talyya Hotel Johor Bahru

When?: 8:30am-1:00pm, Saturday, 1 October 2011

How much?: It's FREE with your pre-registration here !!

Expect more from your brokerage,

RHBInvest Team
RHBuINVESTMENT BANK (19663-P)

Note : If you are in JB, I will suggest that you make yourself FREE to listen to the talk. This is my personal opinion. I m not working for RHB or as if they pay me anything? Haha. Well, I believe many asking what is going on with markets, such talks by 'experts' will tell you some pointers. BE THERE. If I am in my break, I will drive down to JB. Serious. Sat is a no-no to me.


TEH
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