^V^
Dow up, regional mkt almost all up except KLSE, what happening ? seems like KLSE is heading no way, now u should know why i posted there "stay a side ".
Remember that golden word by warren buffet :- when there is nothing to do, do nothing ^V^
To Mr annoy, my cash vs shares is now stood around 60 : 40, 70% of my holding r meant for mid towards long term hold such as Masteel,Planitude ,onastel n....I will not buy in anymore shares unless i see momentum with huge volume ^V^
We must know how to control our emotion n greed , mkt is always there, not necessary we hv to trades everyday, there r time we need to take a break n stay sideline.
To Mr Rookie, dont follow me, follow mr Market, coz mr market is never wrong..ha ha sound familiar ? of course lah..all these r theories mah.. who doesnt know ? but how many of them really know Mr Market ? talk is easier than do,, when we ask u to show us yr say b4 hand portfolio..no one dare except invest samrt! I like all these term" i may..n may not..all depends on mkt..it could be n could be not.. may be..may be not, i may take profit (in d first place, we never see him calling buy or say b4hand picks, how come suddenly he called for take profit ?? ) .. sound familiar ?
Time to take a nap.. Puasa month around d corner, bismilahhhh semoga allah memberi kami segala kuasa dan kebijaksanaan dalam dunia pelaburan ^V^
8 comments:
sam.. hard 2 control our greed.. tenaga @9.55, oilcorp@1.20, plenitude@2.96, bursa@9.65 and many more..cheap already???puasa mth, really boring, will follow u ..wait n see...thank 4 d advise.
Today cheap sale. Tomorrow super cheap sale. Next day mega sale. Next next day super mega sale :-)
Dear Uncle Sam,
Please advise whether it is a wise decision to dispose my shares (resorts, ytlpower, lionind)which is gaining profit at the moment and switch over to your picks like pworth, masteel and oilcorp? Is now a good price to buy?
Thanks.
Sifu Sam,
I enjoy reading your blog, cause I have learned alot from it.
Thank YOU for sharing your knowledge, wisdom and experience with your readers.
May I ask what do you need to see in the market before you decide to take action again?> Volumes at a certain level? Do you look at individual stock's volume or overall market? How much should it be?
When you say momentum, how do you measure this? What parameters would you look at?
Hope you don't mind sharing more of your exp and knowledge. It will be very helpful as we learn how to spot these things too..
Thanks again!
Ben
Sifu Sam,
I enjoy reading your blog, cause I have learned alot from it.
Thank YOU for sharing your knowledge, wisdom and experience with your readers.
May I ask what do you need to see in the market before you decide to take action again?> Volumes at a certain level? Do you look at individual stock's volume or overall market? How much should it be?
When you say momentum, how do you measure this? What parameters would you look at?
Hope you don't mind sharing more of your exp and knowledge. It will be very helpful as we learn how to spot these things too..
Thanks again!
Ben
To evergreen, u should take 1/2 of yr profit on resorts ,Ytlpwr n lionind n swap to masteel or plenitude ^V^ resorts is no longer cheap after split, ytlpwr is abit slow + its base is too big for her to rose, as for lionind.. play around 1.65 to 1.85 b4 she breaks 2.00.
ben,..when to re enter is very much depend on mkt volume, if mkt is bad with thin volume,dont expect miracle n make $$$$ even yr holding is damn solid FA n undervalue (most of d time ), when mkt bounce back with volume, that's d time to look at individual volume, always remember this :- during bull run, shit n un FA stocks will follow d rise also, same goes to bearish mkt, all will slump down whether it is FA or unFA stocks ^V^ what u should do is := allocate yr fund in to half or 1/3 for undervalue stock which u r prepared to hold for mid n long term, d rest of yr fund be prepared for crash n also for hit n run once mkt bounce back, ppl will says it is easy to talk than do, that's y i posted out all my trades n calls b4 hand in order to shut their mouth up, i dont believed in "say after hand picks n stories", what i want is proven track records, same in stock selection, i always go for its past earning records, coz that is their say b4 hand capability !hv u seen public bank n Ytl making losses in past 10 years ? they hv solid proven track records not just talk only, same goes to public mutual fund n i capital ^V^
Sifu Sam,
Just like what u advise ben to do,
I'll allocate 1/3 of my fund to buy back some stocks, the other 2/3 will wait n see. Today just bought Oilcorp 5 lots@1.21.
Hope 2nite Dow down as much as possible (I'm a bit "cik ark") so Monday could buy Plenitude n Masteel@ lower price.
Btw, who is Mr Market?
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