My Trading Adventure

KLCI to rebound today?

CP TEH
Publish date: Tue, 29 Nov 2011, 09:36 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 up by 300 points and Euro up 5% as fear of Euro crisis deminishing.

We are expecting a green opening and I am wearing a long-sleeve green shirt today. That should 'help' the KLCI to go higher? Haha. I was buying last week ... selling this week? KLCI's RSI at 42 level

Blogsphere

I have respect for most of bloggers ... like me, they just write what they think about stocks or anything. I could not understand why a person will HIDE behind so many nicks or usernames, and trying to create some imbalances in our otherwise peaceful blogsphere.

Recently I have this comment, bad one, and I do believe he is from the same trouble-maker group which being ruining the peace we treasured in our blogging-community. As I was checking the i3 page, I found another one bragging there and suspected that he is up to it again. Yes, I have high respect to many around as they are much better than me(in many ways ... when it comes to investing or trading). But, by not being constructive ... by CONFUSING many newbies ... and to gain popularity, this is just a not a way we want to see it.

It takes TIME to understand markets and such. I will want to see myself get-out of this senseless arguements and muddling with muds. We get ourselves dirty and nothing constructive will be out of that. Besides, we do have better things to do.

Having said that, let us bloggers and readers respect each other so that we could have 'peace' in our blogsphere. Care to share and share to care.

9.40 am : KLCI up 7.65 points. Most of our stocks in green now!! yeah ...

AMMB : At the level of RM5.74 ... a level I am watching to clear. Not yet ... soon.

KNM : Rebound ... at 1.01 level now. Watch.

Glove-stocks : Up today ... TopGlove back to RM4.50 and Latexx above RM2. Watching.

HKSE : Yes, I bought two HK's babes last week ... and I was thinking of having a blog(another?) just to share about HKSE's trades. Well, I will be sharing more about HK's stocks with my current tratles. Yup, better valuation over there.

10.25 am : KLCI up 10 points. So, it is time to sell stocks or hold for a while?

AMMB : I have two tratles(EK and Jus) followed my buying(the risk is fully theirs) at RM5.50 level. At RM5.80 today, it will be used for discussion once I cleared mine around RM5.90. When it reaches RM5.90, dont worry ... there will someone without knowledge and greedy(late comers) will come in and buy. We should sell to them when they(the herds) coming in, ok?

MudaJaya : At 2.26 today ... not much of movements yet. Slow and steady moving higher. Wait.

Harvest : At 80cents level now. What is next? The volumes might slow-down ... more fear seeping into those greedy gamblers and ... cutting losses could be the only choice. BUT .. the hope for another round of high-rallying(back to RM2 or higher) is still there ... averaging down in not a choice. Hmm ... blame on LUCK is running out as it is do-or-die stock, anyway. You WONT be able to understand some boastfully telling everyone he gained hugely from Harvest ... and that could lure more of greedy gamblers into such activities. Will it go back to RM2 or 20cents? We shall check.

e-learning : I am surprised that I have 5 enquiries this morning. That is a lot. Cool. Ok, will reply their mails first.

11.20 am : AMMB cleared at RM5.88 done moments ago. A good trade on her but simply dislike those stocks shooting higher too fast. Reaching RM6, do sell. Good luck.

UOADev : Grabbed at 1.45 today.

YTLLand : Grabbed at 1.05 done too.

I posted 4 stocks to watch in our facebook last week. AMMB, UOA, YTLLand and YTL. I mentioned that I like AMMB the most, so I grabbed AMMB and 2 of them(of I knew of) grabbed too. One taken YTLLand at 1.01 ... and I dont know what others doing ... perhaps watching as I asked them to learn --- watching ---. So, it is NOT random. I told them one week ahead ... but many more in my head which I did not share with my newbies/novices, afraid that they do not know when to cut-loss if the trade goes against them.

MudaJaya : Still moving up slowly .. at RM2.27 now. Should I clear her for profits and release more of my finds today?

KLCI up 20 points now.

3.50 pm : KLCI still up 20+ points.

AMMB : Went beyond RM5.90, all in a few days from RM5.50. So, technical-trading still applies, right?

Malton-wb : Grabbed back at 0.34-0.345 today.

MudaJaya : Taken small profits to release my funds.

It is a selling day with AMMB and MudaJaya released and bought into property-counters like YTLLand, UOA and Malton.
TEH
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