Investment Talk

[DeusExMachina]

hot tips have.

 

but i dont know how related it is to u because i have no clue what ure speculating in at all.

 

Heh heh. K will call ya then. Don't like discussing my investments or P/L in public.

[kzone]

wat u guys think of buying silver?

[kmax]

not to worry, the next boat will depart shortly, should be next fri.

dont miss this one if not i will tell u i told u so

 

CMYRS... you are scaring me....

[CMYRS]

CMYRS... you are scaring me....

 

dont be afraid, go forth, seek & u shall find.

 

 

best to hit & run in these mkts.

USD is weakening again, Euro is up to the 1.4 range.

Intel, JPM, Citigroup have reported better than expected earnings.

Except for GE.

 

I guess we were hit with the good news first.

But who knows whats happening this wk?

 

Buy on rumours, sell on the news.

[kmax]

well... will pray hard on sunday for next week start..

[mrlazy]

dont be afraid, go forth, seek & u shall find.

 

 

best to hit & run in these mkts.

USD is weakening again, Euro is up to the 1.4 range.

Intel, JPM, Citigroup have reported better than expected earnings.

Except for GE.

 

I guess we were hit with the good news first.

But who knows whats happening this wk?

 

Buy on rumours, sell on the news.

yeah agree, Buy first, investigate later

Edited July 20, 2009 by mrlazy

[Throttle]

sold my SPH at 3.39 today

[kzone]

Decided to be adventerous - i have decided to take a loan of 10K with an interest rate of 3%/pa for 6mths. $$ will be transferred this wed. My target will be to make at least $2K in 6 mths..

 

This am, since funds not in, can only buy up to $3K in stocks. So bought 2 lots of Cosco at $1.19. Any comments on this?

[Throttle]

Decided to be adventerous - i have decided to take a loan of 10K with an interest rate of 3%/pa for 6mths. $$ will be transferred this wed. My target will be to make at least $2K in 6 mths..

 

This am, since funds not in, can only buy up to $3K in stocks. So bought 2 lots of Cosco at $1.19. Any comments on this?

 

As long as you are ready to lose the money. no prob.

 

know your threshold...

 

all the best

[kzone]

Thanks Throttle!

 

wat are the other stocks worth looking into? Also, how should I divide the $10K? all to one stock or divide? Actually now got less than than 8K cos 2K+ spent on Cosco.

 

Also, in order to go for the $2K profit, should I hold on to the stocks for a few mths or enter/exit every few days?

[CMYRS]

yeah agree, Buy first, investigate later

 

sounds dangerous.

 

what i meant was, get a grasp or sense the direction that the mkts are going to take, either from pre-announced revenue declaration or new regulations,eg, then just go with it, ride it successfully till the news is confirmed, then get out.

 

alot of prices in the major mkts are sometimes already adjusted to the perceived levels tks to the major corps, like the 590 big hedge funds players with billions to throw around, just to name one.

[kzone]

dow was up yest... so today is the time to get out & take profit or stay vested?

[mrlazy]

i feel that investment/trading all about managing risk & probabilities

of coz it's not blindly "Buy First, Investigate later", play with companies with strong fundamentals are usually safer.

 

but if the directional sense proven wrong and it the drop exceed your risk level, just be prepared to cut lose and wait for another opportunity to go again

 

sounds dangerous.

 

what i meant was, get a grasp or sense the direction that the mkts are going to take, either from pre-announced revenue declaration or new regulations,eg, then just go with it, ride it successfully till the news is confirmed, then get out.

 

alot of prices in the major mkts are sometimes already adjusted to the perceived levels tks to the major corps, like the 590 big hedge funds players with billions to throw around, just to name one.

[Throttle]

dow was up yest... so today is the time to get out & take profit or stay vested?

 

Bro, you sound like you dont know much at all about what you are doing.

 

If lucky, you ride the wave up and make some money .

If unlucky, you lose it all and dont even know why.

 

you need to form your own opinion, levels and develop a feel over time.

and most importantly , put your money where your mouth is.

In that way even if you lose money, you wont feel too upset.

 

Problem now is that you are putting money where other people's mouths are.

 

be careful.

[Throttle]

M1 is 1.61...hehheh. coming closer and closer to my target price.

 

M1 is $1.71 today yippee.

 

target price reached.

order placed to take profit on first 30% holdings.

 

just nice to pay for my 6 mths car road tax

[Yongster]

dow was up yest... so today is the time to get out & take profit or stay vested?

Dow up last nite bt local market doesn't seem to react much...... on the contrary, slight downturn...... From what i see, u dun really know what u are doing..... Observe for a while if u are not too sure...... Dun just plunge into something that u are not sure of.....

[CMYRS]

dow was up yest... so today is the time to get out & take profit or stay vested?

 

News events over the wkend were supportive of risk appetite.

 

CIT getting a financing deal from holders to prevent bankruptcy

 

US indicators rose a solid .7% m/m for a 3rd successive gain.

 

HPI rose .6% yr on yr, 1st annual rise in 10mths.

 

EUR/USD up as high as 1.425

 

But it is still unlikely investor confidence is to be sustained.

 

Bernanke is to speak for the next 2 nites at 10pm but he is likely to steer clear of exit plan talks.

Not much policy actions are expected but qns on financial vulnerabilities will be brought forth.

 

If he sticks to FOMC agenda and reflect on 2nd qtr results since the last meeting, his testimony may have an upward tilt.

 

What do u think?

[kzone]

asking for opinions here cos I'm still new into this.. reading & learning as I go along & nothing beats trying out for real.. aware of the learning costs which I'm prepared to pay abit... currently my exit point will be when price drops 8% or increase 20%

 

I bought COSCO cos

- there was 500 lots insider trade at above current price so I'm thinking pr wud go up

- There was huge volume past few days so I'm presuming some house are buying them providing a resistance level at that price pt

- starting to learn technical analysis & its graph is showing possible pr break out (if I anlyse it correctly)

 

CMYRS, all those point to improved economic conditions but I feel selling is done when these actual results are out. It seems the market had already reacted to all these good news earlier so now waiting for something new to react to. Many small players took out profit today, coinciding with the 1+3 payment days since it broke 1.17 on 16/7 for those on margin trading.

 

I expect more $$ going into the market tomorrow since profit selling left the market almost untouched... I have just transferred 6K to my trading fund, but not sure whether to add on to COSCO or pursue my other targets - JAYA, EZRA & BEST WORLD

[kzone]

 

If lucky, you ride the wave up and make some money .

If unlucky, you lose it all and dont even know why.

 

how do i read & predict the waves?

[CMYRS]

asking for opinions here cos I'm still new into this.. reading & learning as I go along & nothing beats trying out for real.. aware of the learning costs which I'm prepared to pay abit... currently my exit point will be when price drops 8% or increase 20%

 

I bought COSCO cos

- there was 500 lots insider trade at above current price so I'm thinking pr wud go up

- There was huge volume past few days so I'm presuming some house are buying them providing a resistance level at that price pt

- starting to learn technical analysis & its graph is showing possible pr break out (if I anlyse it correctly)

 

CMYRS, all those point to improved economic conditions but I feel selling is done when these actual results are out. It seems the market had already reacted to all these good news earlier so now waiting for something new to react to. Many small players took out profit today, coinciding with the 1+3 payment days since it broke 1.17 on 16/7 for those on margin trading.

 

I expect more $$ going into the market tomorrow since profit selling left the market almost untouched... I have just transferred 6K to my trading fund, but not sure whether to add on to COSCO or pursue my other targets - JAYA, EZRA & BEST WORLD

 

well, we all start somewhere dont we?

 

some ppl swear solely by technical trading and they have got the garage of 7 figure cars to back that. their reasoning is because, the price is the final truth/outcome, using it as an indicator for the future as historic data has proven to repeat in cycles, most of the time.

 

but to each, his own.

 

my approach is a mixture of fundamental n technical.

using 3,5,10,30,60min macds, forest, rsi, stochastics, candlesticks to name a few.

 

At many times, the price u see already has the news factored in.

When the big boys make their moves, u wont find out until its done.

Then it may be too late.

Start small, dont let emotion consume yr decisions.

 

As mr throttle said, sometimes the best lessons are when u lose money.

U dont usually learn as much when u make.

 

US futures are up right now, a good indication for the rest of the evening.

[mrlazy]

DJ industrials & transports finally confirm Primary trend turn bullish

but i felt things are a little Overbought now, so some form of correction should follow soon.

 

can EURUSD break 1.4300 tonite?

 

wow ... how many investment bikers we got here?

[Throttle]

how do i read & predict the waves?

 

 

there are many things to digest.

macro, micro news, tech/charts, fundamentals, p/l, balance sheets etc etc....

 

but ultimately if you follow a name long enough, you will be able to build a "feel" for yourself. over and above the hard news and data, this feel is very important as it may likely lead your entry and exit points in time to come.

 

sometimes a very good stock may be neglected and then suddenly it roars when people start discovering. or a lousy company with losses every year may still get huge volume trading simply because it has always been so.

 

note that therein lies a sordid amount of self fulfilling prophecies and making money doesnt mean that one is right about the stock.

it just means one is right about how the majority thinks and reacts.

 

anyway for all that is said and done. enjoy it and dont be a slave.

 

cheers

[CMYRS]

its already 1.424+ now and the nite is young.

the way its its going, should not be too difficult.

[mrlazy]

you never know, btw 2 jun 09 high is 1.4331 and going sideways up till today

it been roller coaster ride for past few weeks.

[joekia]

Dow up last nite bt local market doesn't seem to react much...... on the contrary, slight downturn...... From what i see, u dun really know what u are doing..... Observe for a while if u are not too sure...... Dun just plunge into something that u are not sure of.....

 

That depends on what you look at.. My take is, the 2nd liners moved today actually.. Reits play especially. and of coz.. not to forget, Throttle's M1...