My Trading Adventure

Selldown : Bear in KLSE

CP TEH
Publish date: Mon, 03 Oct 2011, 08:59 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.
Good morning ... KLCI expecting a red-opening.

10.05 am : KLCI down 25 points ... interesting.

CS : I do have MANY comments from this coward-stalker. A real born-loser, so I have to ignore him. And I have to take heed that he wont be nice or repent or ... in fact, he must be losing a lot following some of the stocks written here. Too bad. Do remind me to ignore him. Otherwise, this blog will continue to give him too much of attention he craves for.

HLFG, SIME, KLK, PChem and HLBank are top-losers in the index-linked counters, dragging KLCI down more than 20 points.

I told PL thru sms this morning that we should be looking at KLCI(if free la) to see if it could dive 20 or 30 points lower to BUY. Well, she told me she shut-off the pc as KLCI down 10 points in early stage. I have classes, then. So ... it is nice to be here, waiting for KLCI to be down 25 points or more!

HSI down 660 points at the opening.

Geely : Dropping 10% now, back to strong support HKD1.55

KLCI reaching negative 30 points now.

SIME : Nice ... time to buy-back?

10.50 am : HSI down 700+ points now.

Tencent : Down by more than 5% today.

CNOOC : Down almost 7% now.

I am watching HKSE now and thinking of buying into these stocks!!

11.30 am : KLCI still down 30 points ... MISC and IOI joining the group to pull KLCI lower. Watching ...

Latexx and Supermax : These are few in green this mornng as KLCI down 30+ points. USD up, Latex price down ... time to collect glove-stocks?

TenCent : At new 52-week low ... 148.50 now, down by almost 10%.

2.10 pm : So busy today ... with many students looking for me and also HKSE down 777 points now. I am so spoilt with choices. Arrghhh ...

Gold at 1635 level ... and MYR vs USD above 3.20 level now.

5.10 pm : KLCI closed 20 points lower with HSI down 770 points today.

MHB : Closed at RM5.17, down 6%

Supermax : Flying today ... might be due to strong-USD and lower latex price.

Dialog and PChem coming back to my cost price. Hmm ...

e-mail seeking advices
Example : hey, can you give me some advise about some stock that i bought. cause i make around rm400 losses. in my hand now i got 500 unit bjfood buy at @0.695 and 1000unit oldtown at @1.36 and sunway 200 unit @2.05 and now what should i do? and i no cash on hand right now..thanks

TEH : I dislike the 'beginning' ... hey! Like he is calling his friend or such. No one could give you the advice on your stocks, for sure. Since you only losing RM400(many losing more than RM40k, ok?), you may just cut it off and collect more bullets ... till market crashes, then come in and buy only ONE stock, please. The only good one is Sunway. Wait ... can I ask, if you bought only 200units of Sunway ... err ... how much is that? How much do you need to gain to cover your broker-fees? You are kidding me?

So, there you are ... cut off everything and collect bullets. Wait for market to crash, otherwise exit market totally until you are much older, working liao ... and still HARDWORKING to learn. Whatever decision you are going to make is YOUR OWN RISK. Good luck.


TEH
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