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36 comment(s). Last comment by tikitaka 2014-05-06 09:15

Posted by stockoperator > 2014-05-02 21:39 | Report Abuse

Most people just study Warren investment methodology But ignore his belief/mentality/charisma/leadership which are more than the cornerstone of his success. Last but Not least, his winning mentality=" I know I will be rich". I owe somebody this explanation and skip his class.

jennylim

97 posts

Posted by jennylim > 2014-05-03 11:55 | Report Abuse

stocko, many just go buy his book and memorize some mantra like buy when ppls fear and sell when ppls greed, so they ended up buying a lot of cybert on the way crash from 2.00 . csl also crashed from 2.00, the seling was panic, and these warren buffet cult believer grab cybert and csl at 1.00 at lightning speed.

so is warren buffet is a saint or sinner?

jennylim

97 posts

Posted by jennylim > 2014-05-03 12:00 | Report Abuse

interested in your '" I know I will be rich". I owe somebody this explanation and skip his class.' story. pls elaborate

Posted by stockoperator > 2014-05-03 13:27 | Report Abuse

Ha, i post some comment on Apr 26 on blog: stock Trade Signal-Intra Day and Short term signal and did not get back to them.

To answer your question is Warren a saint or sinner, probably some of my previous posting will provide some clue to you. It is deep understanding of Business and its perspective.

jennylim

97 posts

Posted by jennylim > 2014-05-03 13:33 | Report Abuse

so i will check your previous posts, thanks.

Posted by stockoperator > 2014-05-03 13:46 | Report Abuse

Look at Magni Tech by KCchongz. He is making me crazy everyday. But i have to say No. It is like Pintaras in Construction.

Posted by stockoperator > 2014-05-03 14:05 | Report Abuse

5 year figures of Magni tech does not initiate a Buy call to me. Jenny, you be the judge.

jennylim

97 posts

Posted by jennylim > 2014-05-03 14:06 | Report Abuse

stocko, i m not a fan of kcchonz. dont waste my time with his fundamental stories. to me
stock mkt is not about the past earning but forward looking. and a good stock must be sexy, young, and vibrant.

Icon8888

18,659 posts

Posted by Icon8888 > 2014-05-03 14:18 | Report Abuse

Jenny for the first time in so many days I drop my suspicion that you are an agent for a syndicate

jennylim

97 posts

Posted by jennylim > 2014-05-03 14:20 | Report Abuse

cheers!

Icon8888

18,659 posts

Posted by Icon8888 > 2014-05-03 14:26 | Report Abuse

Can't blame me, anybody who approach me and tell me :

(1) stay above Pavillion (implying certain level of wealth); and

(2) can mobilize HK fund managers to push up share price

will automatically put me in high alert and not to be trusted

(9 out of 10 conmen I met boasted about their wealth and drop names)

But what u said above, and also what you told Alphabeta, has disarmed me

Only an educated and experienced investor will say something like that

In analyst term, I have just upgrade your rating to Outperform

jennylim

97 posts

Posted by jennylim > 2014-05-03 14:37 |

Post removed.Why?

kcchongnz

6,684 posts

Posted by kcchongnz > 2014-05-03 18:46 | Report Abuse

“The further backward you can look, the farther forward you are likely to see” Winston Churchill

"History doesn’t repeat but it does rhyme" Mark Twain

Posted by stockoperator > 2014-05-03 19:38 | Report Abuse

Jenny I would say KC is always young and vibrant. It is just me who is old fashioned.

Posted by stockoperator > 2014-05-03 19:45 | Report Abuse

KC you know there is need to look further backward as I always notice there is a trend of 5 good year of above average and then 5 bad year of below average. There is a need to study for at least 10 years.

Posted by stockoperator > 2014-05-03 19:53 | Report Abuse

Ha ha young and vibrant? KC you know how the girl nowadays right? You have daughter?

Posted by stockoperator > 2014-05-03 20:01 | Report Abuse

To very young and vibrant girl Ms j: Please go thru some of KC write up. You must ya if you want to learn.

Ooi Teik Bee

11,626 posts

Posted by Ooi Teik Bee > 2014-05-03 20:05 |

Post removed.Why?

Posted by stockoperator > 2014-05-03 23:43 | Report Abuse

Mr Ooi I like your trading ideas on Cup and handle. It is almost like Head/Shoulder/Waist line/Knee and Toe formation right? The Support is always at about waist line/cup formation and then the Break Out happens thereafter.

Posted by stockoperator > 2014-05-03 23:55 | Report Abuse

But i think double Bottom comes first right then Only Cup and handle? Is it a good strategy/winning probability of Buying at double Bottom then?

Posted by stockoperator > 2014-05-04 00:27 | Report Abuse

I notice The Invisible force is always seen at Double Bottom.

Ooi Teik Bee

11,626 posts

Posted by Ooi Teik Bee > 2014-05-04 09:18 | Report Abuse

Posted by stockoperator > May 3, 2014 11:55 PM | Report Abuse

But i think double Bottom comes first right then Only Cup and handle? Is it a good strategy/winning probability of Buying at double Bottom then?

Ans : I do not look at double bottom stock because this stock is either a down trending or side way stock. I am more keen on double top, it means a Cup is formed. It takes 2 weeks to form the Handle. Once the pivot line is crossed, the price will sky rocket up. Our slogan is "sky is the limit".
Thank you.

Posted by Laopeklang > 2014-05-04 09:34 | Report Abuse

Embrace ben graham & philip fischer theory.

Posted by stockoperator > 2014-05-04 12:23 | Report Abuse

Thanks Mr Ooi, Like this is Buying High Selling higher. I never try this out before.

I would prefer then Buying at the Bottom line of Uptrend line then which is your Ema20/Parabolic Line.

Posted by stockoperator > 2014-05-04 12:34 | Report Abuse

You know people like me Always wait for Good Business selling to me cheap cheap price preferably at double Bottom

For a case in study of your cup and handle, is my LPI forming cup and handle then????

Ooi Teik Bee

11,626 posts

Posted by Ooi Teik Bee > 2014-05-04 12:49 |

Post removed.Why?

Posted by stockoperator > 2014-05-04 12:51 | Report Abuse

Thank you. Now i know what is this Cup and handle.

Posted by stockoperator > 2014-05-04 16:03 | Report Abuse

Mr Ooi, i think there must be another example of cup and handle formation for Pintaras before breaking out on 9th April right??

Ooi Teik Bee

11,626 posts

Posted by Ooi Teik Bee > 2014-05-04 16:08 | Report Abuse

Posted by stockoperator > May 4, 2014 04:03 PM | Report Abuse

Mr Ooi, i think there must be another example of cup and handle formation for Pintaras before breaking out on 9th April right??

Ans : Yes. You know that Cup and Handle Chart is super bullish. My slogan is "Sky is the limit" especially the stock continue breaking new high like Ptaras. Please make full use of this chart pattern to win big in KLSE.
Thank you.

Posted by stockoperator > 2014-05-04 16:15 | Report Abuse

I have to thank you. You and KC are the cornerstone of this forum. God bless you all.

Posted by stockoperator > 2014-05-04 17:23 | Report Abuse

Let me summarize what I learn from the Master:

1. Rounding Bottom
2. Double Top
3. Formation of Handle
4. Break Out from Pivot Line

This is one of the Best formation.

I dont know technical can be so interesting.

Optimus15

48 posts

Posted by Optimus15 > 2014-05-04 17:27 |

Post removed.Why?

greatshark

144 posts

Posted by greatshark > 2014-05-05 15:01 |

Post removed.Why?

lmenwe

143 posts

Posted by lmenwe > 2014-05-06 03:45 | Report Abuse

come on! applying warren's philosophy on some highly speculative or stocks without fundamental and expecting the same output as his classical Geico/ Washington post are you serious? CSL doesn't have any tract record and Malaysia red chips are well known for suspicious book. You should blame yourself for picking some rubbish counter rather than blaming Warren. His philosophy only can be applied on intact companies! For those who blame kcchong do you analyze companies or businesses better than him? If not please keep your mouth shut!

countfind

1,701 posts

Posted by countfind > 2014-05-06 07:41 | Report Abuse

any present chart of any stock with this cup handle please. I would like to see how it looks

tikitaka

145 posts

Posted by tikitaka > 2014-05-06 09:15 | Report Abuse

warren is not a trader. he dont look at stock prices everyday. he doest even use much computers. moreover he is more of a bussinessman than an investor. you have to be rich in the first place to do what he did

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