aiyo.. scary but im in already.. just hope for the best
-------------------------------------
You may just be lucky if CobraTamil start pushing on T+3: if you see Friday (T+3) morning a signal push (a quick tick-up) to 0.695-0.71, then try sell highest T+4 morning.....
Your difficult waiting time is next 2 days T+1 and T+2.......
See they just break the 10days support price of 0.67 and doing the 0.66 now,look like CobraTamil is following our track laid for him....
Pd u looking for used car?only know cars at paultan.org haha...my exp buying used car by a lot of survey and viewing the cars...i looked for so many dealer and its only by chance u can get a good 1
1 generic question pd (for newbie knowledge), when i on my screen between 8:30 - 9 am.. i will see a lot of extreme high/low price queued b4 9am. are those ppl with some specific intention or just some clown making fun of the system?
@Pdtan that Paperbag you referring to, is it me ah? Yes of course I'm still holding. Now looking for more cash from uncle, auntie, father, mother to collect more when the price go backs to the "usual" low. Considering of jual badan dy if still can't get any.
Eyeing to sell at the first 0.8x mark. Before it reaches there, collect first.
Anyways, you're from Klang? I'm kuli-ing around Meru area.
@pdtan, if I'm not mistaken, MACD golden cross today..shall try to hold until new price breakout if can overcome fear factor...will see how the future good/bad news unfold each day.
@pdtan, THANKS very much & really APPRECIATE it...will definitely take note/apply what u have mentioned....yes, after having encountered such drastic/scary sell-down/drop, have been burning some mid-nite oil...btw, yr 3 peaks/domed house was brillant :)
Sometimes I wonder if yr forecast has been read by them therefore no aggressive push/huge volume yet...happened before yr other forecasts came true after 1/2 days delay...anyway DJIA up 190.86pts so we'll see on Monday.
Please continue to guide and explain whenever you are free......THANKS again!!!!
pdtan Posted by pdtan > Jan 17, 2015 06:05 PM | Report Abuse X
Posted by pdtan > Jan 17, 2015 05:32 PM | Report Abuse X
Posted by seb5 > Jan 16, 2015 06:56 PM | Report Abuse
@pdtan, if I'm not mistaken, MACD golden cross today..shall try to hold until new price breakout
------------------------------------------------------- @seb5 : Re: the golden cross Well done,good job!!!!
You learned fast to notice this important (i wont say vital) technical signal, must have being burning midnight oil reading all the charting-book since we last met (must be last month?), i noticed u r diligent in digging up n contributed on the hidden-vital info (remember our exposure on EPFdisclosure (Msia's own mr soros) sellings off bluechips causing the KLCI crash (Nov3-Dec15 1855-1675=-180 roughly 10%).
As a reward, i am going to sharpen your skill further : keep your macd n rsi, but AUGMENT IT FURTHER with Slow Stot %K(14) %D(3) and use the daily and 30min Chart provided by osk or cimb. In practice I normally ignore MACD n RSI.
With these 3 indicators you can see WHICH ONE gives you earlier n clearer ,more sensitive or more amplified (or exaggerated) trend changes thereby giving you more confidence in spotting trend changes MUCH EARLIER (and this is crucial in avoiding shark's trap earlier) than other bilis, then u can save yourself plus warn others....that what i keep learning to do and tell others, remember our slogan "Dont Sleep!")
To elaborate on the superiority of SLOW STOT (14,3) over MACD/RSI in Malaysian situation:
(A)In Daily Chart : here you CLEARLY see the CROSS or cut-up in Stot (but not on MACD, it level-off,merged or stickdown-->>neutral,uncertain. RSI is a level of or flat ) on FriJan16 ,even though TamilBoys pulled back the closing price from 0.74 to 0.715. Further you can see the bottom-up AND reversal previous day Thur15Jan@0.65.
Also significantly on 29-30Dec STOT did a mighty jump from 30 to 70 much stronger and clearer than MACD & RSI.......signifying to us here that the lower price of 0.60 is no longer available from then on....
(B)In 30min Intra-day chart : This is even better and more useful than the daily chart above. i leave it to u (and others keen to learn up charting as a powerful tool for intra-day tracking and forecasting) to explore and discover
SO TO RECAP HERE:, i am not perturbed or scared by the friday's weak closing (pull-back),even though there was absence of aggressive push and without huge volume that i forecasted in fridays post, and even though there may be pullback and may even be another T+4 down as mentioned earlier posts to .??? previously....
#####seb5 @pdtan,.........................yes, after having encountered such drastic/scary sell-down/drop, ........................................................................................................ Sometimes I wonder if yr forecast has been read by them therefore no aggressive push/huge volume yet...happened before yr other forecasts came true after 1/2 days delay......................####
On this issue of SHARKS deliberately changing their pushing plan for fear of being cornered/impoverished by this forum's readers, we must persuade ourself that this mostly unlikely, reasons :
1) The classier SHARKS will never have time and attention for our activities and postings. Even their assistants/machai2 make so much monies,they don't normally have enough free time visiting massage parlours and nightclubs. Those that read forum view and push to avoid ARE SO LOW CLASS their counters are too low-class for us to play and we MUST avoid buying.
2) Remember our sayings mentioned previously : " Once they are riding on tiger's back, they can't get down/off/out, the tiger will most probably eat them up."
3) The market is filled with surprises and fraud with much unexpected developments both overseas and local, nobody can get it right perfectly, and all the time. So we are pretty good if we get it 7,8,9 out of 10 times. So readers here should avoid attacking others the moment they find something different or even wrong. So the joy of charting is when u can get right 7/8/9 out of 10. Forgive me saying : the joy exceed making love with MsMsia/MsWorld.....
The Sharks can modify but they cannot change the general trend, once they are up on the tiger's back. In our MEGB case (and i am going to make an important stand nestled in this post, based on my personal experience),with MEGB price plus KLCI trend so far,with the deal so far (conditional) announced, and on the SLOW STOT crossed, the MEGB price will most likely be pushed up NEXT 4 to 5 days i.e from Monday19Jan to and PEAK on Friday23Jan , and from 0.72 to 0.82. We monitor and see how it turn out.
pdtan pdtan pdtan pdtan pdtan pdtan pdtan 3.10 Starting now,nibbling 0.72 we are hoping for 3,30--4.00pm 0.72+0.06=0.78 (BULLISH PUSH) we want them to break 0.75 by today's closing... 4.45pm Bursa to FIX today 's ClosingPrice otherwise tomorrow morning must see high volume 150,000 wack through 0.75 to maintain bullish uptrend push
if 0.03+0.72=0.75 (Cautious Push T+4 may follow)
pdtan pdtan pdtan pdtan pdtan I will keep adding n amending as time passed :
MEGB has 2 POSSIBLE price directions today's afternoon : WATCH THE VOLUME or the Cobra's ferocity in whacking off the sellers,especially at major resistance 0.74-0.755
A) CAUTIOUS PUSH (to follow next 5-6 trading days) - afternoon b4 4pm QUIET SLOW Shrinking VOLUME means weak rebound to 0.735-0,74 tomorrow morning ----->>>>>>then Friday afternoon will go down to start the FINAL T+4 bottom 0.68(No FEAR!!!) then by next Thur/fri the real BIG-big push will start as in B) to hit a target of 1.20 30days from Jan12.
Why the delays (extra T+4)?....... there may be still some loose-ends, belum kautim....
I suspect the forgotten pioneer shareholder Edwin Santhara still has 6.3% of 25.8m share.....!!! Has Cobra tight up this loose-end? If kautim oredi,then major breakouts in price can happen from now...If NOT , Cobra maybe holding back the price advance/+ delays by extraT+4 to SQUEEZE Santhara to part the 25.8m shares at low2 price...
The other will be linked to the M&A listing requirements on regulatory approvals and the fact that at this stage SSA is still CONDITIONAL,and the E&E Tamilboys can still call it off or if any approving authorities (FIC/CIC/Bursa etcetc)and shareholders meeting disapprove (normally unlikely) . So Cobra may like to play it stage by stage,submission by submission,approval by approval......until kingdom come, otherwise it may attract UMAs like b4 (while authorities' approvals still pending).....
to be contd
B) BULLISH PUSH - (No time to loose) BIG VOLUME Start sfter 3.00-3.30-4.00 equal or double whole morning volume (i,e morning93,742 +90000=180000 by 4-4,30pm, to 0.75 and 180000+90000=270000 breakout 0.75 to 0.79/0.80 (today closing)
Posted by pdtan > Jan 19, 2015 12:06 AM | Report Abuse X
Posted by pdtan > Jan 18, 2015 03:44 PM | Report Abuse X
Posted by Fardar Chye > Jan 16, 2015 01:42 PM | Report Abuse
Pd u looking for used car?only know cars at paultan.org haha...my exp buying used car by a lot of survey and viewing the cars...i looked for so many dealer and its only by chance u can get a good 1
Posted by PaperBag > Jan 16, 2015 05:12 PM | Report Abuse
I am eyeing two used nissan cars from 2 Klang dealers (one at Bkt Tinngi area),was hoping for some assistance checking the physical conditions and maybe chatting the sellers whether they can allow inspection by Klang Nissan Service Centre(They will provide free a list of part replacement needed and pricings).
I was hoping to get the 2 and name them MEGB1 and MEGB2....what y think?
Posted by PaperBag > Jan 16, 2015 05:12 PM | Report Abuse
@Pdtan ........................................... Eyeing to sell at the first 0.8x mark....................
Try pre-queue your sell orders at 0.82 for 6 days until next monday 26Jan. BUT make sure you quickly buy back around 0.76 next 2 days SO THAT YOU CAN SELL 0.95 10-days later.
Belanja me big-big or kuat-kuat if both this 2 targets hit you happily without much sweat......ok?
@pdtan Yes sir! haha hit or not also can belanja laaaa. Whoa Nissan >_< Changing R35 dy? hahaha. I'm actually don't live around here eh, so don't know any credible dealers around. But I'm bringing the company's car to TCEAS Klang within this week la. Can help you ask if you want to haha
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Posted by MK123 > 2015-01-16 01:37 | Report Abuse
I always follow AT & pdtan since before. Many lesson learned.Really appreciate their view and comments. Look forward & stay alert!