My Trading Adventure

KLCI is correcting, right?

CP TEH
Publish date: Thu, 16 Feb 2012, 01:40 PM
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.
I am wearing red ... it is easier to choose the colour this morning as DOW down almost 100points and we have not seen such 'dip' in weeks now? Yup, many too bullish ... now KLCI down 11 points, they are asking around ... what happened? Hmm ... as if we supposed to know or predict. It is my view that we should be cautious when many rushing in ... huge volume(highest in years!!) that day registered showing everyone is happily inside the markets. That is the danger sign, actually. Next ... hmm ... The Edge sold-out in Mydin? What .... Mydin? If you noticed, I mentioned sold-out in Mydin USJ1 here for past 3 weeks? Do you get it? Yes? No? ... do you know the business segmentation of Mydin? Do you know that 'cheap' people like me will 'shop' at Mydin as it is CHEAP?!! Yes, how could cheap people like me buying The Edge ... costing me RM5 to read businesses and finances? Do you get the joke?

Joke aside, it is showing market slowly becoming HOT and irrational. People talking about JCY going to RM4 or NiCorp going to RM2. Perhaps if you check Genting targeted to RM13, that is much more reasonable but ... not this week? not next month? Perhaps next year? Gosh ... are we suppose to know?

Now ... I am going to take further break ... and letting KLCI to go lower, while learning more on short-ing FKLI. Yup, time to learn that in 2012 ... the year where the earth ends ... bye-bye to living!! Hmm ...

Do listen to songs ... enjoy more reading and time to get some education ... and come back to market again when we see SILENCE in forums ... still very noisy-la. Must get those uncles-aunties, newbies and yuppies ... force-selling and more ... SILENCE will be golden moment when I start analysing again. Even some short-punts I went in not doing good ...

Coldplay



ColdPlay = CP

TEH

p/s : I have so many un-read e-mail ... sorry, I am too busy. One of the indicator ... the noisier my e-mail flooded with stocks(even tho I said many times I will not reply), time to pack and go ...
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Discussions
Be the first to like this. Showing 4 of 4 comments

Weiyang Tan

stock world up about a month le..

2012-02-16 16:10

kclee

deng! my fav song on my guitar

2012-02-16 16:45

tansrihew

teh:good write up. totally agree with you.

2012-02-16 17:38

Jake

You've got to blank out all the noise and clutter and focus on your positions...when to sell and when to buy. Don't lose focus and be misguided.

2012-02-17 01:51

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