Dont worry be happy..Armada wont break 10sen lor..FBMKLCI wont break 1200..Dow Jones wont break 19000..last but not least..Brent Oil sure go up to USD 45 then USD 80..i am so optimistic..
later FBMKLCI 1300-1350-1400..people start chasing back..but then too late already..dont worry la..it wont break 1200 and go to 800 one..dont scared la..April just few more days only.....
I BUY already TAK1..my portfolio now 50% stocks..50% cash..
Tun Mahathir King of U TURN..when he said worst to come..it means GOOD TO COME..so BUY time..bukan Tun want to ask you to buy directly kot..Buy la..later Index will jump to 1300-1350-1400..then too late already...USD 45 is coming for Brent..why so scared about virus.we are tropical country..hot season all the time..not cold la..China also recovered already..April is just around the corner..now is the best season to buy stock because SUPER CHEAP..bukan nak tunggu Spinninglotus recommend ARMADA at 50sen kot..when he asked you to buy..thats mean time to sell la..hahahaah..:)
when us fed set rate to 0% it has been predicted that they will do that and when the approach taken, it has been said too it will not help market so they proceed with QE
its not the virus issue alone, the virus is the pin to the bubble that been build up for the last 9 years
the fundamental is on the problem with largest economic in the world when debt in trillions and printing money will not help then this time, it will collapse
keep cash.. keep cash.. keep cash.. long way to go
Based on the latest developments, it also means that our Black Pearl Armada battleships is at it's lowest pivoted point...
If you look at Armada's chart, our Battleship has started it's consolidation phase circa 30th December 2019. History has taught us that the lowest Armada has gone is circa 15-16 sen before it started to climb to 55 sen.
Last week panic sell off has triggered this Battleship to fall below the above threshold. So I recon those who managed to sailang last week managed to secure the ship at it's lowest point.
Today we can see clearly how resilient this ship is. It has able to withstand fierce thunderstorms while other Battleships continue to fall. Even my strongest P1 Battleship Serba Interceptor has been falling ever since last week panic sell off.
It is the uncertainty in the market that brings volatility. However if you do it right, it can also be an excellent opportunity to be a profitable adventure. Based on my last battle cycle, Armada has generated 3 Digits ROI with a very healthy margin.
With this success story, I actually looking forward to ride this 2nd wave. This time Armada will not be alone. She will be accompanied by her 12 other Battleships. With my latest accumulation this week, my Armada Fleets of 13 Battleships will be re enforced with Jet Fighters to fight this War on Terror..
oil producer now running on -ve margin, shale oil will be the first to suffer, big players will review contracts and cut expenditure budget, service provider once again will be back in trouble..
@apanama Tun Mahathir King of U TURN..when he said worst to come..it means GOOD TO COME..so BUY time..bukan Tun want to ask you to buy directly kot..Buy la..later Index will jump to 1300-1350-1400..then too late already...USD 45 is coming for Brent..why so scared about virus.we are tropical country..hot season all the time..not cold la..China also recovered already..April is just around the corner..now is the best season to buy stock because SUPER CHEAP..bukan nak tunggu Spinninglotus recommend ARMADA at 50sen kot..when he asked you to buy..thats mean time to sell la..hahahaah..:) 17/03/2020 4:37 PM
Apanama,
Once upon a time, you used to be a pain on a neck :)
Now you have completely changed. You have now become a Darling...
mabel so kaya.. everyweek sailang low price. but the shares are creating lower highs n lows every other day. i guess its true cats got 9 lives. woof woof
@Banditos mabel so kaya.. everyweek sailang low price. but the shares are creating lower highs n lows every other day. i guess its true cats got 9 lives. woof woof 17/03/2020 7:12 PM
Indeed Banditos!
Successful Investors lick their wounds, stand up and eventually succeed.
According to Bloomberg, there is a nice chart that shows the co-relation between how Oil and stock market moves in tandem. When Oil is up, market is up and vice versa.
Oil wise, we already knew about the horrific 33% plunge on last Monday, 9 Mar 20. Now, we have experts saying it would not see daylight until it hits below 20 dollars. Now, if both Oil and DJI are indeed co-related, does that mean we have more to fall for DJI?
It is less important if this theory is proven right or wrong. Or if it is just coincidental since there can be many relationships that can be extrapolated from the up or down of a market. What is important here is if it is right, what are you doing to your portfolio? How are you insulating it from further losses?
Do you have a backup plan? Are you dipping into your hard-earned savings to meet the margin call? How concentrated is your portfolio? Are they diversified?
Answering such questions in advance help you to structure a plan and act on it before the crisis hits, if it hits. In the words of Warren Buffet, never lose your capital.
Mind you, if you pay 16 sen for Armada and it went up to 55 sen but you did not sell. Now, it is back to 16 sen and if you sell. On a gross basis, it seems you are equal but you forgot you have to pay for commission to your broker. We are not even talking about the opportunity costs of holding during this period.
The one thing that is neutral is numbers and it does not lie. Profit is profit, loss is loss. If you have been chasing the high since last year, thinking the stock market is on a never-ending ride up to heaven, then you might be sorely disappointed that the music has stopped without much warning. Maybe, you are disappointed like many and frustrated that it has wreak havoc in your life, on top of the work now being affected by the coronavirus.
Try to compartmentalise things so that you don’t lump them altogether and get overly uptight or stressed about it. Like a runner who encounter muscle cramp, aches along his marathon, he can either gives up and call it quits. Or he can rest a while and pick himself up again to complete the race.
Investing in the market is like running a marathon. Your very own marathon. You are not out to compete with anyone. You are just trying to better yourself in each run, taking in the moments, learning from mistakes, getting better prepared each time, the gear, the warm-up, the practice, the amount of water, the shoe, etc.
“Either do not begin or, having begun, do not give up.”– Chinese Proverb
Oil prices could hit teens in coming weeks as markets crater over coronavirus and price war
(Published Tue, Mar 17 20207:36 AM EDTUpdated 3 hours ago)
~ Oil could fall below $20 a barrel and “stock markets could easily shed another 30-40% of their values,” one analyst said.
~ The biggest shocks will likely come after April 1, when Saudi Arabia and Russia ramp up their crude production after a previously-agreed OPEC+ deal expires.
~ “The last time there was a global surplus of this magnitude was never,” Jim Burkhard, head of oil markets at IHS Markit, wrote Monday.
I am closely watch DXY Index. Interesting to note that DXY Index already 'split correlation' with Brent Oil ..This is good for market. Its no longer swing upward and swing downward for DXY Index that effected Brent Oil. Looks like market is heading for 'something' especially for Brent Oil. Its either make or break after this. I am still optimistic Brent Oil will surprise everyone of us for heading towards USD 40 and above soon.
oil will be pressed down further and next month will be harder.. oil cant up when supply is high and demand is low..
if you want high oil price, you need to increase demand and cut the supply, this will not happen until most of high cost drillers out of business.. the first that go to bankrupt will be shale oil
the rest will be hold to its feet if it can meet their obligation in paying their debt, if not they will face risk of default
Arabs will back to negotiation table with Russia..they cant stand long for low oil price. I bet USD 45 soon. The dynamic of market can change in blink of eyes..:)
I stay in this forum so long time, IK actually is an idiot and keep reporting dow jone up or down how many percent? I think IK should be suffer a big loss previously in share market
Post a Comment
People who like this
New Topic
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.
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....
InvestorKING
5,931 posts
Posted by InvestorKING > 2020-03-17 12:31 | Report Abuse
EPF every single minute show signal of selling their shares