Friday, April 6, 2007

^V^ Is TA analyst = Trader =Shares mkt contributor? ^V^

^V^

For me they r not only trader but also speculator (which is slightly better than gambler ) if u believed in d great benjamin graham n warren buffet, may be u should read what they said >>>

If you are a trader ... sad to say Graham doesn't think too highly of traders ... during his time (he first wrote the book in 1949, and updated it several times in the 60s and until his death in 1976), he has yet to meet a trader who consistently beat the market in the long term. (Another interesting character in the early 1900s which Graham is certain to be aware of is Jesse Livermore, who is probably the world's greatest trader from that era - unfortunately, he lost nearly all his fortunes gained from trading, and eventually committed suicide ... ). Buffett and Graham who are purely Fundamental investors and claimed they don't use charts.

If u r purely TA trader, is time for u to change ^V^ noone can make u change if u choose to be KLSE contributor. !I dont use TA for my stock picks at all! insyaallah, I am still doing quite well in my share investment, FYI, i am a fried kuey teow man (Hawker) at Gurney drive, if uneducated man like me can do it with FA way, I am 100% sure u also can do it ^V^

For Ah Pek n Ah Soh whose dont even know what is gearing, nta,future earning , pe ..one simple way for u to make money, follow capable man like Robert kwok, Teh hong piow , Francis yeoh n.... buy their counters when mkt down till nobody want to talk about shares anymore ..sweep all d blue chips n keep it,u will definately make$$$in long term ! One proven example, an uneducated old lady in HK did that , she bought all d bluechips like HSBC,CLP,Cheongkong,Sanghongkei during down time where nobody talk about shares, she is now a billionaire n staying in repulse bay road ! ( ask yr HK friend where is repulse bay road n who r those ppl staying there ? ).

Hv a nice weekend ^V^

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