LPTan68 一个地基打得稳,就不怕大风大雨,当股市不好的时候,危机就是时机,时机就是转机。。 28/06/2017 09:04 When the foundation is solid, there is no fear of strong wind or heavy rain. When the market is not favourable, crisis is a timely opportunity and a timely opportunity is an opportunity for a turning point.
Unfortunately,not to sound pessimistic the price downtrend will continue for awhile basing on the Technical Price Charts_MA,MACD and RSI which do not look positive.Hopefully,stronger buying support to arrest the trend in the next few market days.
gcke: Firstly welcome to the alcom forum. Are u also on the trip to ALCOM GOLDEN PALACE? From your comments I believe that u based your investment entry point on tech charts. That is a very good starting pt. I wouldn't say u r being pessimistic when u commented that it WILL PROBABLY continue it's downward trend. That's what the chart indicated n that's how r presenting it to us. The only difference is that DON'T expect it to continue for AWHILE. My take is that the longest duration for this correction will b by the end of the week due to the following factors ( which I may b proven wrong): 1) The previous week's T+2, 3 n 4 traders would have been wipe out by the end of this week. 2) If the price correction were to continue till the end of the week, the correction would b quite severe enough for investors to ponder over the weekend. Once the realization has struck that the correction was overly drastic, legit investors would come back in droves to drive up the share price at a discounted price. 3) The tech charts r still showing that counter IS STILL V MUCH on the UPTREND. NO trend reversal has taken place nor is it likely to b affected even if it were to decline for the next 2-3 days of trading! If trend reversal were to happen over the next few days of trading, then the rsi would revert to a "drastically oversold" position which again would entice a lot of legit investors to come n have a gala time scooping up the shares at a BIG BIG BARGAIN.........MEGA SALES as yuanlong57 puts it. So the ALCOM GOLDEN PALACE destination will b kept intact!! 4) Having said all these I would still remind all ALCOMATES to tread veeery carefully indeed n b mindful that the correction has not subside yet. There r always opportunities in any corrections and I shall certainly take advantage of them through observations of the daily trading trend. For those brave n daring people be a cautious and SMART daredevil. The question of when to enter is the $6 million question. This u guys will have to decide as no one can safely say that that's the end of the correction. 5) Besides this I wouldn't think the majority shareholders would want to see their shares drop below a certain reasonable level. All responsible management would want to hold it to a reasonable value for many reasons which I would not get into....... 6) So to all ALCOMATES I WOULD SAY THIS. There is light at the end of the short tunnel so cheer up! All comments made above are my personal opinion and it's not meant to be a recommendation to buy or sell. Use infos only as u see it. All Alcomates should do their own due diligence b4 sticking your head into the ring always bearing this quote in mind: " The stock market is a device for transferring of wealth from the IMPATIENT TO THE PATIENT"
Clarification: I need to highlight that the correction that I think would b over by end of this week is this "major correction" that v r going through at the mmt. I forsee the Upward trend to continue on it's course after this and there will also b some other corrections along the way which hopefully will b v mild ones most likely to b sideways and within a small range bound. Comment is not meant as a recommendation to buy or sell. Use infos only as u see fit.
[RJ87 If sell at RM2.20 last friday and buy back today. That's 40c savings without losing the opportunity for 0.32sen cash repayment.] Sorry RJ87. That's not a 40 sen savings. It's (2.20-1.79-0.205) = 20.5 sen savings since u get the div cos sell after ex.
RJ87: And that is provided u buy back at 1.79. It may b more or less depending on the price u buy back at. ( of course i.e assuming u buy back all that u sold)
LPTan68: I am real glad that you r in this forum. I feel u have really good insights as to how our market behaves. Of course u r referring to the ALCOM counter since the play on each and every counter have their own uniqueness. You truly must have plenty of experience to b able to put forth such profound insights. You truly enrich my own experiences. Tq.
[Ahead1268 Already informed this counter over valued lots to beyond resonable level, so normal. Got to come down. Ahead1268: can u pls enlightened us on your reasons for saying that ALCOM is over valued? And may u pls let us know what is a reasonable level for the price of this counter SO THAT all of us can quickly dispose of our shares beyond the "reasonable value" and quickly jump in to buy back at below the "reasonable value". Then all of us would b able to make a bundle without any headaches!!! I m sure everyone here is looking forward to your comments.
yuanlong57: Tq for translating comments from LPTan68. I tried downloading pleco from playstore but I couldn't get it to work!.Don't know why. I may try to fiddle around with it more n see whether it works the next time!
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....
LPTan68
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Posted by LPTan68 > 2017-07-04 16:23 | Report Abuse
今天量过多,又出现小锤子。。。