Desmond Goh, you got the right observation. I can say many seasoned traders and institution investors hoping to time the market have left the market long ago, even people like TTB, the Oracle of icap, holding huge amount of cash years ago, fear of the general election. But see how the market rises the last few years and recently. The thing is this type of thing is very hard to predict one. I am not saying the market is not going to drop when election date is getting nearer. But it may spring future surprises also. Too many variables in the stock market. Very difficult to time the market. I still think the best is to be a true investor.
Hi kcchongnz, I m of the opinion that no matter how strong the fundamental of that company is, its price will definately be shaken by the environment which consists of many type of people who investors & traders. But nobody knows actually how many % are from investors & traders? The current impact is GE & we dont know our future yet ...
Desmond, you could be right. You notice that the US market, Tokyo, Hong Kong, Taiwan markets have been going up buy Bursa is lagging. This is mainly because of the election fear. Investors don't like uncertainties. This fear has probably been incorporated in the market.
So if you are the risk averse type, may be it is better to avoid the market now. The more important thing is not how much you can make, but how much you could lose. You can sleep better too. Other people may be different, they may think that the market is undervalued now because of the election fear and once this uncertainty has been removed, the market may jump abruptly and they are afraid to miss the boat.
This round election is totally different from the past elections we have had,,, majority scare bcos of 变天,,sky change.. hahaha,, dont know how many points will it plunge? 200 or more than that? U got idea? kcchong
no matter how, trade safe and sleep tight every night. you can still trade in future, no harm to give yourself a break and just watch show, or you may trade with 25% of your fund depends on your risk level. Do remember the first thing to remember before make any money is to protect our fund. :)
disclaimer: I'm not saying this stock not worth to hold, but you have to trade on your own risk since you know investor and institutional investor hate uncertainty. I have confidence in this stock that's why i keep free share still, the reason why i prefer to keep more cash now is due to cash is the king, if the share price drop i might collect more at lower price. If i can't catch it then at least i've free shares.
True.. Wtv stock it is, during this period i wud suggest, take the profit n wait.. Dun wry there is still chance of going bak in peeps.. I doubt it'll go below 80sen this GE.. So collect along the way..
Don't be too rational for share. Now u see, now u dont.... past experience just a history, now is the truth and nearest point to future, what happen now is directly impact to future.. u see now we into future already..hahahh
if anyone watch glomac counter as well, this morning +5%, now -3%. open - RM1, highest RM1.05, current price 0.97. if you're day trader, please be cautious.
My avg 93 and still holding cuz I'm at very comfortable zone now. Buy at your own risk, but even d tp rm1 is true, u will not gain much. Better to stay out and buy when it's lower after GE.
Dont worry Tambun is a long term sure win stock.. With penang 2nd bridge done in 3rd quarter.., their land value in mainland will shoot like EFF.. RM1.50 by Dec, hell, maybe RM2 who knows..
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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....
millionaire
655 posts
Posted by millionaire > 2013-03-20 10:21 | Report Abuse
sold all at 0.905 cts, thanks