Scenario something like this. The Stock Market simply illustrated ...
Once upon a time, in a village a man appeared who announced to the villagers that he would buy monkeys for $10. The villagers seeing that there were many monkeys went out in the forest and started catching them.
The man bought thousands at $10 and as supply started to diminish and villagers started to stop their effort he announced that now he would buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms. The offer rate increased to $25 and the supply of monkeys became so that it was an effort to even see a monkey let alone catch it.
The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business his assistant would now buy on behalf of the man.
In the absence of the man, the assistant told the villagers. "Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man comes back, you can sell it to him for $50."
The villager squeezed up with all their savings to buy the monkeys.
Then they never saw the man nor his assistant, only monkeys everywhere!
anyhow still be watchful.. if can sell some off at 0.345 or 0.350 & keep the rest for 0.360 & above is also a good strategy.. nobody will know what happen next.. 0.350 maybe the TP for today.. of course we all hope the higher the better to recoup losses for those who bought at higher price..
Tomorrow friday...so it is safer to sell. Sell on strength. Buy on weakness. Don't keep chasing...the music will stop....and its back like yesterday. Massive selling...roller coaster. The buying is slowing down...don't chase and get trapped in a bear trap. Already up 6 sen which is ripe for profit taking.
good illustration by nanaour.....Do not led the technical rebound to misled u into buying frenzy coz come a day , all will disappear in thin air . Peoples r in deep illusion when it hit a very high TP thinking that the 2nd rebound may scale the first TP , in actual fact the imaginary TP never arrive later , so the waiting game started.
yah !!! thanks god ask KLSETA .. he said wintoni will rebound on panic selling .. I make some profit.. same goes to this esceram.. I follow his post closely most of time is making profit.. he just release about the blog on ESCERAM.. I think the 1st target should reach pretty soon... just sharing about the joy http://klse.i3investor.com/servlets/stk/chart/0100.jsp
YKW bought 14.77 mi shares during crash time..... so chances major shareholders bought when the share was down , not up... Time n time proved but small fishes thought they r smart by buying at the height....
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 592 views | 3 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 13237 views | 12 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
stainlyho37
2,270 posts
Posted by stainlyho37 > 2015-03-19 14:37 | Report Abuse
opps...wa & mother different by 6 cents...worth to look into wa...