i like ur frank sharing, thanks for the sharing. dont bother of those that can't take it. many ppl can't swallow bitter medicine. refer Neoh Soon Kean book :- Stock market investment , pg 84-85 is interesting that he did mentioned of what is call "greater fool theory" which is similar as what u hv mentioned on why ppl cant accept when u advise to sell. :)
we cannot guess what the market direction but we try to anticipate & react to the changes. KLCI is hit by the FD selling and GE13 (?) anxiety (worries) on the outcome.
better stay out till a clearer picture emerge. this is my personal assessment
market drop sharply but volume low, however, i think the market is oversold and the current fundamental is still healthy. top pick in defensive and good dividend stock.
Yup.. the correction is healthy same as what Nor Mohamed yaacob always said whenever the market tumble last few years.... ''don't worry, our economy is good and our leader manage economy well and fundamental is strong..'' long time not heard his comments. Hope this afternoon TV3 will approach him for a comments..hehehe
for conservative way better to invest dividend stock have declared dividend in each quater, like Digi, Maxis, Biport, Tomypack, Amway and Engkah. dividend yield also acceptable...
''don't worry, our economy is good and our leader manage economy well and fundamental is strong, also we are not affected by external factors, we have strong internal demand'' HEHE
Glad to clear so many of my holdings as technical bearish-biased being shown last week.
I will go for technical rebound tmr, when local funds coming in to support. 1600 level will be in view. Trade at your own risk or else stay sideline.
The election rumours will be in play, thus creating more fear in markets. Downgrading of Malaysia etc etc will fuel the fear. Margin-calls, flushing off contra-players ... cutting losses by newbies/novices to create a panic selling bringing us to Sept 2011, yet again. But this time might be more severe and exodus of foreign-funds will be substantial.
Hence, avoid AirAsia, Genting, CIMB and those with high foreign holders. I am just pointing out and NOT making a sell call, please. Do contact your autorised dealers for consultation and remember to trade at your own risk.
Thanks and I am out of here.
Note : Yes, traders get excited when market corrected. More homework to be done.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ahtan
241 posts
Posted by ahtan > 2012-09-05 22:07 | Report Abuse
i like ur frank sharing, thanks for the sharing. dont bother of those that can't take it. many ppl can't swallow bitter medicine. refer Neoh Soon Kean book :- Stock market investment , pg 84-85 is interesting that he did mentioned of what is call "greater fool theory" which is similar as what u hv mentioned on why ppl cant accept when u advise to sell. :)