I hope FED meeting not much affect the stock market...
The Fed is set to meet this Tuesday and Wednesday to mull over the latest economic data, issue new forecasts and re-evaluate its plan for winding down its stimulus program. Here are the top things to look for: 1) Tapering will continue: 2) The goalposts will change: The Fed has kept its key short-term interest rate near zero since 2008, also as a way to stimulate more spending. 3) Weather puts the Fed in wait-and-see mode: Severe winter storms throughout much of the country weighed on economic data over the last few months, making it hard to get a clean reading on the recovery. Retail sales, job growth, housing and manufacturing all seem to have been impacted, but it's unclear whether the slowdown was temporary. 4) Yellen is still focused on jobs, jobs, jobs: Following the Fed's meeting, Yellen will take questions from reporters in a press conference Wednesday afternoon. She's likely to emphasize that she remains deeply concerned about ongoing weakness in the labor market. from CNN Money.....
mikekong: Good see ur posting bro. U must be busy today I presume. Picked up my 100k Inariw @ 1.76; disposed off TAKAFUL for the funds. Got to go bro. Will chat later. Cheers
swong76. you still holding high cost gpacket, karex you have to pick up. you holding a lot of 'trapped' counters loh. felt sorry for you . joking lah don't put it to heart. haha
Sifu sifu cn I ask yr advise ka? If I cut loss my eah average @0.19 (loss few hundreds) then jump in gpacket ok bo?? U tink cn cover back my losses? But I see strange oh eah today price ard 0.18 only but alot buying also @_@
hepitrade. why must cut eah will cross 0.20 with rights/free warrants just hold lah. scare you buy gpacket high tomorrow for you like chasing price.very dangerous loh.
mike-Ya,hopefully it's not a 'cry wolf' again. Will see price momentum tomorrow for gpacket. Again, thanks for the yeelee call. Today gap up and sell early morning. Small profit but I'm happy with it :)
All forum viewer please don't chase price....if you miss the boat never mind.... Wait for another opportunity......market is there.... For new in trading and forum viewer please read all old postings here... One day one counter to concentrate to trade otherwise you are a expert then you know when to in and out...... Hihi....all the best..... Happy trading
changlk03. very hard lah.that day I bought ock @ 0.93/0.935 and inform here;then price hold 30 minute @ 0.920/0.25. no people here follow. when shoot up,0.95 everyone chase. same as yeelee all buy 1.56/1.58 and when pullback got my 1.55 40k. luckily above 1.60 today closed.tomorrow opening 3/5 cents up have to come out.scared cannot get gpacket @ 0.475/0.48
All here, for your reference (courtesy of Matrixcool): GPACKET—Stage 3 of the cycle and price can be volatile, Rectangle trading now from $0.405 to $0.50. If break above $0.50 will find next resistance at $0.52/$0.57 and very strong resistance at $0.64. Suport adjusts to $0.43 and $0.405. Very strong support is at $0.37. Exit if $0.37 is violated.For rectangle trading traders will normally try to buy near support and sell near the resistance.
Bro butter, I also don't believe in myself. My broker alerted me today. But still didnt go in. haha.
Another to watch, FITTERS. what do you think?
Bro mike, ya I saw your OCK pick yest. Then Hepi posted, bought 0.955. Can only say it's psychology, anything down, dont dare to buy. Only grab when it's up.
changlk03 & hepi: Persistence and perseverance is needed to do well in this crazy BURSA, sometimes we also lose. The headache, sleepless nights and stress is another factor. Try always to find the right entry price for a stock and invest at least near term; or as directed by our sifu. He knows best. Don't chase, let it go. Like sifu mike said the market is always there and there is always a winning stock at the right entry level. Good luck and Cheers.
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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....
Posted by hepitrade > 2014-01-02 18:04 | Report Abuse
What say you, bro & sis ?