Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME .
It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality.
Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME.
Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick .
FOR CHARTS, PLS VIEW OUR BLOG
http://chrissyconn.blogspot.com/
Region kor... the oil has been dropping a long time... from the peak of USD140+ to now just below USD30/bbls... but yet year after year, I still see many company reported record high profit. How come neh? I have been involved in the share market and has observed that everytime when commodity crash, that is when the equity market start the bullish trend. Go check back the 2 super bullrun in the past and you will understand what I mean.
To me, this is a cycle. If one has... say RM1m and you put RM800k into commodity, that will only leave you RM200k for equity. If you do not exit from commodity, how else would you be able to invest more in equity? So, the collapse of crude is not necessary be a bad thing fir the share market and I am still hopeful that the market would be very good this 2 years until the TPPA or next election come in. That is my personal view based on historical facts.
And again, based on historical movement, the initial kick start of another bullrun would be... focusing on good fundamental and good divident payout counters... then sector by sector... and ending would be frantic buying into any garbage counters. We are currently in the phase of buying good fundamental counters which is the earliest phase of a bullrun. My thought for 2016 would be focusing on fundamental and M&A for 2016. Now is not the time for goreng-goreng yet. When you see everyone on the street talk about share market, that is the time to be extra careful and have an exit plan. LOL!!!
Also, if oil dropping is so bad, the very last person I would expect to get involve in this sector would be Warran Buffett but he is currently buying heavily into Phillip66 or more known as Conoco which is in the business of refining oil. So yeah... not all is gloom and doom.
One thing I noticed is everytime 90% of the people are doom and gloom (remember august 2015?), the market will rebound. When everyone is in the state of euphoria (remember March/April 2015?), market will correct. And the bull will always come when everyone is still feeling indecisive/unsure. Eventually when everyone has confirmation that the bull has arrived, it will end.
EVEL....tis one for U....Luxchem( another cny ang pow ) is expected to continue its uptrend next wk.Get in b4 it leaves u behind...do hv ur trading plan n to act on it.:):):) Huat Arrrrrrrr !!!!!!!!!!!!!
many say bull many say drop....but no on could give us a clear date exactly date when drop...so i also not able. haha no one could...as a investor self decide...
but so far i see tomoro drop ...that y i hug putty....i near near could see clear clear ...no need wait and see long long time...
kekeke
who dare bet with me here who dare say tomoro is up trend. kekeke iran just lifted oil sanction yesterday.....monday no drop meh lol
if some ask me buy now better i wait picture more clear first rather locked...
self decide all lolx
if rebound i can see is neaby by Fed meeting that moment might can see rebound for cny rally...cos as ppl in mind corporate report ...all await....soooo now current price ...is consider high or not? why dont we wait more little longer until signal rebound on...rather than blind blind rush in die n lock fund n kena trap.,...play smart guys
who want game just do this....fast in fast out game....which counter stock olide slump 10% in one day trade u can do some fast in fast out "fifo" to rob....is a safe tactic.....no matter how big the bear....a stock coutner wont drop below 10% if it is a good counter....so your guys hint is fifo...rob when day low...sell when reboudn -3 bid...earn safe n u avoid risky market ...best luck....monday i not just will hug putty still but i also will do alot fifo when saw bottomize daily
kekek rchi....must fast hand and leg ma....on friday i also saw unusual ....that y go rob putty..ekkekeke....tomoro alot counter cheap i go rob to cover losses cutting kekeke
Twobits... old old story lah. Let's say I have gone through some very interesting time like holdging about 80lots of Gadang below RM2.00 and sold at RM15. Bought 120lots of Scomi at one go minutes before it got suspended at RM12.80 and sold it at RM14.20 right after suspension lifted, which is still within contra period. Bought in Tanamas about 80lots at RM3.46 when that counter hit limit down in the morning and sold at RM4.28 in the afternoon within the same day. Yeah... that is some example of what I have went through. Not all the counter up loh... experience book loss overnight of more than RM200k when 911 hit but recovered within a week or so above the amount loss. Exciting? Yes, it was but also very tiring as well. Haha.
There are many more... also some very bad call. One thing I learn is... when come to money, trust no one. Because most of the time, you will be betrayed in the end. That is why I said... act mechanical, not emotional when playing the market.
If you remembered, a few weeks or more than a month ago, I posted that I will be buying Komark and then it was sold down? If you have monitored that counter, when it hit below RM0.50, there was some aggresive buying? That was me... when the warrant was traded at RM0.25 to RM0.27... that was me buying all the way. I guess that old man playing that counter was pretty pissed off at me for whacking all the shares that he queue thinking that may frightenoff the people into selling. Have to say sorry to him for messing up his game. LOL!!!
When the salted fish was trading above RM1, I have issue warning that the rebound may not happen. I was in the selling phase and the last thing I wanted is to sell to anyone here. I have also advise to collect Micromb when it was trading around RM0.40 and I have not even sold anything yet. Will it retract? It might but the chances of it going up is higher than going down. Is it a good trade now? That would depend on how high risk you are willing to take... wakakaka. At the moment, gua mau raya but will raya come to me? With the current sentiment, I would not know as I am not familar with the group playing it. We will just need to sit and watch. Just hope for the best.
hmmm datuk .. i got a question ! the unconditional take over offer is at 0.80 which is lower than current price now ... so, short-term no booster to explode yet ???
it will fly after the offer date or maybe sooner :)
Posted by connie > Jan 18, 2016 08:43 AM | Report Abuse
hmmm datuk .. i got a question ! the unconditional take over offer is at 0.80 which is lower than current price now ... so, short-term no booster to explode yet ???
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 Christine Goh > 2014-03-11 21:40 | Report Abuse
Dear frens and forummers, i set up CHRISSYCONN to share our trading and investing ideas. We shall start afresh in this new place WE proudly call HOME . It is our dream to become a Successful Trader as well as a Super Investor. To make our dream comes true, we embrace TA, FA and a business mentality. Yes, we will be stressful pursuing our dream .... so ps feel free to share your humour with us so long as IT IS not offensive to anyone in this HOME. Lastly, we would like to remind everyone to trade / invest at own risk should u choose to buy our stock pick . FOR CHARTS, PLS VIEW OUR BLOG http://chrissyconn.blogspot.com/