Stockman blogs

Don't know about You...but I have turned bullish.

stockmanmy
Publish date: Fri, 12 Feb 2016, 05:12 PM
Trade at your own risk. I am here only to vomit out my feelings

Don't know about You...but  I  have turned bullish. 

Yen is strengthening, Euro strengthening, US $ strengthening......developing courrencies weakening. 

Don't buy when all around you is losing their heads, when you want to buy?

Shanghai market is expected to limit down when it reopens on Monday. More chaos, more time to buy. 

But no matter how you look at it...from psychology, from technical,  from fundamental angle, ...I would be buying, not selling. 

 

There is this reversion to mean meaning at least a technical rebound is imminent. 

Japan is crashing . That is because the banks will suffer from the negative interest rates.  But, against all expectations from the government, the yen went  the other direction and strengthened...whatever problems Japan has is very internal and will be reversed soon. 

 

As you can see from the fund flows., foreign investors are net buyers this week and will continue next week to be net buyers...the local funds who have been selling this week will also stop selling next week. 

 

Net net....don't know about you, but I have turned bullish ( for the time being) 

Discussions
3 people like this. Showing 17 of 17 comments

stockmanmy

any rebound will be led by blue chips, if not no strength la. That is why the puts are down.

2016-02-12 17:29

soros228

What are your picks ?? Share with me la.

2016-02-12 17:32

Starplus

My picks are export counters. They are grossly oversold and rebounds are imminent. Export counters will still outperform at least in their next few quarters

2016-02-12 21:11

Desa20201956

Is it possible that after the selling all export shares become strong buys.......?

Hear on Bloomberg , Goldman Sachs predict ringgit at $4.70 by year end.

2016-02-12 21:51

Desa20201956

Goldman Lowers Yuan Forecast To 7, But Says Won And Ringgit Are Better Shorts

2016-02-13 01:57

Tom

became top article liao xD

2016-02-13 02:27

Butcher

The people usually can predict will not play stock market because they play TOTO.

2016-02-13 02:35

mamatede

I believe ringgit will remain intact this year.. the most at $4.15 ..

2016-02-13 02:49

Desa20201956

Goldman Sachs woh?

They got thousands of PHDs.

2016-02-13 02:55

Butcher

PHD only do research and analysis, they can't predict. The only people can predict is fortune teller.

How you predict disaster, politic and etc?

2016-02-13 03:29

Smart Investor

Stockmanmy...share ur picks, we help u goreng ur picks....sure huat

2016-02-13 09:07

Ven Felix

Better focus on stock selection to profit one self with this round Monkey King run.

2016-02-13 09:58

Desa20201956

Monkey King is very naughty, but Monkey King main virtue is Justice.....that means lousy companies will be punished, good companies will be rewarded.

2016-02-13 11:38

Desa20201956

theme for 2016 from me.............


its exports stocks or no stocks for me.

don't you enjoy the wild rides?

2016-02-13 13:23

Desa20201956

why not just high beta export stocks?

you control your own risk/ reward by buying and selling but at least these high beta export stocks gives you the volatility and the reasons for holding these shares.

its a warrant on the KLSE.

2016-02-13 15:19

Kevin Wong

short term and trend investors will always have to deal with the every inevitable mkt major ups and downs. they have to time, predict and /or outsmart mart...
Longer term investors ignore all these mkt/cyclical swings, they stay fully invested or at least almost fully invested throughout all the good and bad times...only reshuffle portfolio during major greed and fear...

So long one happy, make $$ and harm none...then your method/strategy is sound/correct/right.
Good luck to all traders, timers, investors, hold forevers...!

2016-02-13 19:40

stockmanmy

When there is market recovery the probability is that people sell too early.

Give yourself a chance to make some real money

Don't trade in and out.



If you take small profits now, you are committed to trade in and out and end up having nothing to show for the market recovery

Take profits only when you say to yourself you will quit the market for a while.

2016-02-16 12:49

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