Stock market crashes n corrections have long history n happen every few years. In Oct 1987 it crashed 33%, in Oct 2002 it crashed 49% n in Mar 2009, 56%. Plus some corrections of 10% to 15% in between. What"s that to panic or fear! D main reasons is your temperament not intellect. Buy low sell high, but many do the opposite. D blueprint is we should buy wonderful business at fair price Not fair business at wonderful price.
don't anyhow brag, some wolves are pulling it down with low volume selling at 1.38 1.39. KSL at least will be 1.55 end of this week, check volume bro don't simply say
@Alex Lee, that is KSL mgmt style, they wont simply goreng up..they only want long term investor with them..it is the same ways like 3 years ago when price stagnant at 1.5-2(before bonus issue), then suddenly used few months to fly to 4+ then bonus issue, then price now 1.5 around (after bonus issue).. I believe the history will repeat..mgmt cannot hold the price at low level for too long, when their recurring income and normal income keep rising, at the end fund house will enter this stock again, and price will burse to 3-4 again when mgmt cant control the price anymore
everyday morning seeing KSL share is my hobby, u will see some wolve selling at 1.35 to 1.38 at super low volume trying to pull down price but failed, retailer all ciao d la
Chart shows property on the steady uptrend for the last 8 trading sessions, but KSL likely to go down next week as tomb-stone candle formed at its present peak at 1.44. But the candle has a short tail, so downtrend may not materialise.
kind of agree with upsidedown, always tot it will break 1.5 then shoot, but resist at 1.46, might go down before strong rebound. possible touch down 1.3 (pessimistic view)
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....
geary
6,384 posts
Posted by geary > 2015-08-31 12:09 | Report Abuse
Stock market crashes n corrections have long history n happen every few years. In Oct 1987 it crashed 33%, in Oct 2002 it crashed 49% n in Mar 2009, 56%. Plus some corrections of 10% to 15% in between. What"s that to panic or fear! D main reasons is your temperament not intellect. Buy low sell high, but many do the opposite. D blueprint is we should buy wonderful business at fair price Not fair business at wonderful price.