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/
MicroMB and quite a number of the counters. For Micromb, I will consider to re-enter if it goes down below 0.45. The operator has not exit yet which is a good sign.
Keep off CWorks. Dangerous counter. No matter how good the news are, I would not go in after the stunt I made previously. Just a caution statement nia.
With the last few days on how the market sold down, I am pretty please with how the force selling is being absorb by the market. Pretty good considering all the negative elements going round.
Salted fish... haha. This is one bloody counter that I could not read. Everytime I gave up hope, it shoot up. When I am very hopeful, it sold down. Kudos to the player. Damn good.
Stingray, thank you very much for the wonderful insight. Just curious, how do we know if operator is still in? For eg, in Komark-WB case, there was ultra high volume on Jan 14 and 15..for amateurs like me, i would have thought that operator is selling down and exiting...haha
As for margin call / force selling, is it because the counters got sold down heavily after 330pm or 4pm?
StingRay, how can we see from volume that the operator is supporting? May I know which counters that you are referring to?
Posted by StingRay
Based on the volume, the operator is supporting it. No panic selling or minor force selling. Should be quite save at this level.
EG
MicroMB and quite a number of the counters. For Micromb, I will consider to re-enter if it goes down below 0.45. The operator has not exit yet which is a good sign.
Vijay... sold down from 4pm. Komark, I checked the volume and the operator is still holding quote a lot. The end february dateline gives you an idea that the play is not over yet. And based on the volume pattern, I would say those players going for the big buck.
Jonathan, of course they are cunning, else they woukd not be the banker. Haha. We just tumpang their play and if lucky, we make some profit. If not, then we make a loss. Part and parcel of the game in any stock market.
Stingray, u r one of the crouching tiger hidden dragons in CC house here...lol...i aspire to be a full time trader like u all one day...veli veli veli long way to go for me...presently still being played by operator...hahaha =)
for eg, i have been following Connect, seems bottoming out and my gut feel is operator still there base on the counter's activity before this current market meltdown...sumore past 3 quarters result very good which provide the goreng story...but now i starting to doubt myself if operator still there onot...wait till neck long oledi...lol
Loklokzhai... I don't play supermax as when I notice it, it was traded quite high chor. As for ewein, I took it off my watchlist after I have sold it. Don't want that counter to give me nightmare knowing many will get burnt at the level I exited. :p
good morning stingray ... tppa thingy eh ??? well pm absolved from all 'wrongdoings' ... tppa bill passed ... in short, whatever pm wants he gets it ... untouchable => political stability => confidence => foreign funds coming back :)
Good morning. Till now I'm still finding way to watch market. Should say restraining to find time for that.
Drop by to remind next Thursday is the Lunar LIP CHUN(立春)(Lap Chun) (lovely ah coo0000n's Lap Cheong) so u guys may go out to step grass to pick up earth energy for ur Fire Monkey year investment.... Sure boleh!
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/