Oh newbiestock, I forgot from the yesteryear, you start howling around midnight! You are really good pooch! Now where is your fat but retarded cat? LoL
There are basically two key strategic future catalysing factors that have an impact on future direction of equity prices in BURSA: - No 1: What is the effect of FED tapering on growth in worldwide money supply. If worldwide money supply contracts, then there will be big financial chaos. The powers that be in the global arena will make sure that this scenario will not happen suddenly and in the event that if it happens , it will be extremely gradual as they already have the benefit of going through the learning curves in 2008 financial contagion and be rest assured that in the event of any future situation of financial distress, there will be much better Global Central Bank coordination to minimize distress on the financial markets globally - No 2: What will be the impending budget for Malaysia be and will it be investor friendly and who gets elected at the forthcoming UMNO elections as currently there is lack of clarity on these two important issues and my take is that the catalysing factor that resulted in Gap Up of BURSA arising of BN forming the government has inadvertently vaporised into uncertainty due to lack of clarity of these issues. When these two issues offers clarity in due course , BURSA will respond accordingly
The emerging stock markets and currencies had suffered severe correction recently and on a medium term basis their currencies and stock markets are relatively much cheaper and consequently offer opportunities to equity investors and the export driven economies/companies in the emerging markets
Tsurukame, the issue of debt ceiling is also not resolved to be honest! America still has many gambits to weaken China by farking up their economy to depress others! Think about it!
Tsurukame, if the Feds do it too quickly, US may have to declare recession again prematurely. Since recession is technically measured , US will also taper easy money technically . This mean they will look see look see with each taper lor.....
KC Loh, The key determinant of further upward or downward movement in equity prices worldwide is rate of increase or decrease of global money supply. The details is not so important.What is material is whether there will be an increase or decrease in global money supply.
Don't forget recession is measured 2 quarters......they cannot implement too much in first quarter.......so if tapering happens in sept, we will see results in December report
That is correct in the current scenario! Not necessarily all the way because japan did the same and lead to nowhere! IMF and world bank is suppose to regulate that, but nobody heard anything about them for a while now!
Zeti mentioned about this shift rather than supply in the global economy, of which I think it makes sense.
Charan das, To bottom fish , you must be very clear of what is your risk profile....Are you a speculator/gambler or are you a fundamental investor?? Each company has its own personality whether it is a speculative counter of fundamental counter.....Whatever the case maybe and whatever your risk profile is....You will be on much stronger footing if you focus on companies where the last traded prices after the recent correction is above the 200 days Moving average or better still above the 100 days or 50 days moving average and the last traded price displays a hammer pattern
Avoid bearish counters where the last traded price is way below or way below the 200 days moving average price.
KC Loh, We are now living in the world of FIAT currencies and nations are engaged in currency wars with nations depreciating their currencies to boost export competitiveness. Don't fight the trend and moreover you cannot do anything to influence the outcome....just ride on the trend and profit from it
We can be academic about it but what function does it serve....It only clouds our decision making by introducing biasness in our thinking...Approach this investment opportunity with a clear mind by Understanding the rules that is being played and profiting from the same rules that are being played now.
Has anybody not heard of rogue????......when IRA in Northern Ireland supposedly disbanded in 97 they became the "Real IRA" after that till today. Their mission supposedly less violent......IMF, world bank...? What is world bank when today's trend is the bank follow u. Take for instance ICBC to support loan and etc of Chinese businessman outside china......
Many of you guys been around in the stock market, some maybe over 20 years. While at it, I bet some of you made a lot of money and become rich while some breakeven and some still lost overall. Despite such market knowlegde, winnings/losings and experiences, I have come across almost 9/10 regrets - that have long term effect until old age. I had known people who was worth $20 million reduced to practically nothing.
I have a friend who opted for early retirement, had quite a lot of money as he was and is still a bachelor and also careful with his money. He used to be short term traders for years and pretty much full time in stock market, KLSE and SGX. Every time I asked, he always say "very good". Lately he said he doesn't trade too often but only on selective counters. Also now saying good time to buy after crash due to SARS, Irag War, etc..I wonder what happen to his trading passions; but I do undetstand, despite all the goodies stories, the zero sum gain formula had probably forced itself in.
In the current KLSE, me, being a low risk investor, and had been waiting for major market crashes won't think twice to join the bandwagon of the prophets of doom..:). Maybe this is the time...the sign...that it is coming...hahaha.
Now when we the prophets of doom tell you to buy after the crash next time (provided that you survive the major falls to come), do follow because it will give you the opportunity to earn multiple profits, more than what some may make during their entire trading months or years.
Trade few times only is the rule but do it and win...buy low, sell high.buy 1 million of Maybank or any blue chip when it is rock bottom price...wait and sell to make 2 millions. Enough, right? Because you could trade for years, how many make 2 million profit?
Now time is money, since I am out of the market...let me continue selling my pisang goreng...small business but guarantee profit :))))
Market is always 6 months ahead of everything.... so market is actually rather late already... even if QE tapering is postponed to OCT DEC.... result is a disorderly crash.... vs a controlled soft landing...
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....
Posted by newbiestock > 2013-08-27 23:50 | Report Abuse
get ready if not ready guys. good luck