My Trading Adventure

Gold is losing its glitters

CP TEH
Publish date: Tue, 16 Apr 2013, 08:10 AM
CP TEH
0 2,918
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 down 265 points ... gold continued the sell-down. GLD trading at 131.31. So, I shall be watching gold and FKLI for today as I have exited KLSE.

ZhaoJin : A gold-mining counter which I traded last year when it came down to HKD10. Today, it might dive to HKD8, a cheaper price that last year. Be patient ... this is one opportunity for trading.

As HKSE's babes valuation is much cheaper than KLSE, I shared with my e-stock analysis group about HKSE last night in the e-meeting. Well, the risk is there ... and high if one does not know much about it. In general, do not touch what we don't know.



Chart taken from : http://stockcharts.com/

Privitisation : I got a few e-mail stating their intention to follow my blog and how to subscribe. Ok, I will NOT privitise it yet ... wait for August, the 5th anniversary of my blog ... and then, more analysis will be placed in a close page at www.tratles.net. Yes, I do need to move over there ... tho I am very comfortable using blogspot. This blog will still be there to update more of my blah-blah.

Public-talk : I will be giving a public-talk ... about general election and my personal view. It is free and just for sharing with those interested. I will invite my friends too, if they are interested. This Saturday noon 3pm. Those interested, do contact me.

Ok, I do have 8 hours of classes today. Need to reserve my energy for a long teaching day.

Have a nice time seeing market to correct.

TEH


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Discussions
Be the first to like this. Showing 9 of 9 comments

AlbertLim

there u go.... hahaha... told u all about him... he wont leave us ma... nie orang like vampire want to keep sucking our blood...
those who so stupid & gullible want to follow his blog... hahahaha

2013-04-16 09:04

lotsofmoney

It is OK to buy at USD 1200.

2013-04-16 10:27

benhctan

There will be short covering back to USD1,464 and hedge fund will hammer again.
Don't get fooled by this rebound.

2013-04-16 14:52

benhctan

Run..run..run!Gold is crashing again!
Sell In May and Go Away.
Dow is falling,gear up for tomorrow.

2013-05-01 21:39

kilrathi

Wah ... when go up no Buy Buy Buy ... but when go down, "Run Run Run and go away comes ... relaxs la .. dont pressure ppl ...

2013-05-01 21:47

nanoman

good time to collect some physical golds

aunties & uncles swarming goldsmith shops already recently, a lot more affordable now

2013-05-01 21:59

jm3525

where can we collect the golds.. beside the gold shop..

2013-05-02 00:21

andychucky28

Gold will go down more because DOW is going up. You check with you bank for for purchasing gold.

2013-05-02 02:20

zack_liza

yes..correct...i expect price gold (retail) will down below RM130 /gram...now price at RM155 to RM150.. price as at 30 April 2013.

Currency Buy Sell
MYR /gram 139.9100 150.0400

2013-05-02 08:43

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