1 person likes this.

25 comment(s). Last comment by Haw Liao 2018-12-28 06:22

qqq3

13,202 posts

Posted by qqq3 > 2018-12-24 09:58 | Report Abuse

A lot of people, young people mostly....who think let me learn about the stock market, read a few books, learn some accounting terminology, attend a few seminars, get a few sifus...and be rich like their heroes....and these are intelligent and smart people.

well.....stock market got cycles, got changes, stuffs happen, people make money, people lose money......and smartness don't determine every thing......

qqq3

13,202 posts

Posted by qqq3 > 2018-12-24 09:59 | Report Abuse

KYY is not an analyst. This statement is neither an insult nor a complement. KYY is a stock market player who takes the good and the bad just like everyone else.....


Did analysts do well in 2018, do better than KYY in 2018? Not according to their work throughout the year...and not according to what I have of inside information of analysts personally investments......

Did I do well in 2018? Yes, I can say I did pretty well in 2018....But I am a trader....I am not a buy and hold guy.


Buy and hold guys did not do well in 2018....No sector is spared.

America even worse....America had a year of increasing profits and rapidly declining forward PE multiples.......And major indexes at year low , meaning, on average, all buy and holds all lost money in an environment of rapidly declining PE multiples....what value investors take as their ultimate test of value investing..........

What are the lessons here?....U think about it yourself.......

qqq3

13,202 posts

Posted by qqq3 > 2018-12-24 10:00 | Report Abuse

kc...

2018 all buy and holds all die...almost no exceptions......not just Sendai and Jaks......in i3 competion 2018, the winner is John Lu who lost only 38%...turns out the winner is my wife who invests in IGB reits and Pavilion reits....still do....She says...not all reits , only IGB reits and Pavillion reits sure got full rentals.....She in her own way got business sense......


u see,.....business sense remains the final arbiter the final unquantifiable quality..............


2018 again shows risk and rewards are just opposite sides of the same coin....that u cannot get extraordinary rewards without risk........

and that is what happened to the buy and holds and value investors ...those who enjoyed the most from previous years small cap index rally lost the most this year.....

CharlesT

14,605 posts

Posted by CharlesT > 2018-12-24 10:02 | Report Abuse

Exception is on Glove Co

qqq3

13,202 posts

Posted by qqq3 > 2018-12-24 10:18 | Report Abuse

glove cos not forced selling....first to make money...all the forced selling shares......

qqq3

13,202 posts

Posted by qqq3 > 2018-12-24 10:41 | Report Abuse

all forced selling shares are the best buys.....everyone knows that...but how many act on their knowledge?

I make money on this knowledge.....but stock market.....it is about habits, character and practise....not just book knowledge.

qqq3

13,202 posts

Posted by qqq3 > 2018-12-24 11:10 | Report Abuse

no other suggestions?

qqq3

13,202 posts

Posted by qqq3 > 2018-12-24 12:39 | Report Abuse

why no one interested to contribute?

Icon8888

18,658 posts

Posted by Icon8888 > 2018-12-24 12:40 | Report Abuse

I am with you bro

merry xmas

CharlesT

14,605 posts

Posted by CharlesT > 2018-12-24 12:45 | Report Abuse

Go eat curry mee..reunion of koon bee

qqq3

13,202 posts

Posted by qqq3 > 2018-12-24 12:46 | Report Abuse

charles....no curry mee......I see u lost money on curry mee....too illiquid for Koon.....

CharlesT

14,605 posts

Posted by CharlesT > 2018-12-24 12:46 | Report Abuse

I lost money in curry mee?? U knew my cost meh?

CharlesT

14,605 posts

Posted by CharlesT > 2018-12-24 12:47 | Report Abuse

I m so happy it drops back last few days....but shit it went up today

Ayoyo

379 posts

Posted by Ayoyo > 2018-12-24 12:53 | Report Abuse

Good observation qqq... Many stocks have bombed out and when bad news can't mow it down, the next level is up... Was already taking sporadic positions since Thursday.. An excellent traders market

Can it sustain? I don't know but as long as one doesn't show signs of weakness, just ride if for awhile... Though volume in general is low, the bombed out stocks are showing good reversal volume buildup.. This is the time the smart money are averaging up slowly in anticipation.. Just be careful of abnormal price spikes and volumes.. Good luck and happy trading

qqq3

13,202 posts

Posted by qqq3 > 2018-12-24 16:47 | Report Abuse

what shares to buy on the forced selling thesis?

Jaks, Sendai, Myeg, Prestariang, FGV, Pos,

Other recommended shares...Supermax, Gkent, VS

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2018-12-24 16:47 | Report Abuse

Pos not bad=)

UnicornP

2,759 posts

Posted by UnicornP > 2018-12-24 16:56 | Report Abuse

Theory is easy.. Panic sellers all really gone.

Posted by Nicholasming91 > 2018-12-24 17:15 | Report Abuse

All sellers gone... left Unicorns.. over the rainbow..

UnicornP

2,759 posts

Posted by UnicornP > 2018-12-24 17:25 | Report Abuse

haha good one Nic

Goh Kim Hock

3,024 posts

Posted by Goh Kim Hock > 2018-12-24 21:22 | Report Abuse

market panic enter late stages, sharp rebound coming soon..likely in 2019

hollandking

3,694 posts

Posted by hollandking > 2018-12-24 22:44 | Report Abuse

not necessary lvl up, it may stay stagnant

qqq3

13,202 posts

Posted by qqq3 > 2018-12-25 15:41 | Report Abuse

wed will test your convictions.....will I sell my jaks at 50 sen? No I will not.

apolloang

18,163 posts

Posted by apolloang > 2018-12-25 18:26 | Report Abuse

I got some jaks-wb,wed how much can sell?

qqq3

13,202 posts

Posted by qqq3 > 2018-12-25 19:11 | Report Abuse

If want to gamble, I feel this is the best time to gamble..
Not on blue chips but on shares previously oversold
Those forced selling shares

to gamble or not to gamble is a personal decision.....will the contagion spread to malaysia down so long already? ....not from local funds.....but will foreign funds sell on redemption fears ? That is the risk and the news we have to look out for.

Haw Liao

1,152 posts

Posted by Haw Liao > 2018-12-28 06:22 | Report Abuse

want to gamble go genting...

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