First of all, glad to know u r also sun tze’s follower, congrats! fyi, I am also his follower ^V^ from yr comments, I think seng really learned a lot from yr sun tze art of war's strategy , but then horrr… I don’t think seng will agree with u, know y? Cos 2 him, English stuffs r d best, u know English means u know everything, all knowledge can only be obtained from English books, hence. Sun Tze is definitely out of his list! Cos sun tze is an English blind china man! How to convince seng that sun tze is good?
As known to u, America military's department has classified "Sun Tze art of war" as a must read book for all its high ranking officers, woww...china man's stuffs so good meh ? U tells me lah!
Hello sour seng, let me put some money in yr pocket... d most powerful weapon in this world is not “nuclear bomb “ but brain play ! In cantonese they called It as” eat brain =吃脑 !
“
K, back to serious biz ,read what has commented by maxforce in seng's blog :-
*************************************************************************************
14 Jan 09, 20:52
Seng: Hi Max. Long time no see. Yes, I'm very much at peace thanks. Your Sun Tzu advise is noted, although I feel misdirected - but thanks for your kind intentions.
14 Jan 09, 20:19
Maxforce: Anyway... back to seclusion... adios... take care
14 Jan 09, 20:19
Maxforce: He s using psycho tactic... once your emotions are imbalanced, you ll make mistakes... dont fall for it. Be at peace
14 Jan 09, 20:18
Maxforce: With his forces intact he will dispute the mastery of the Empire, and thus, without losing a man, his triumph will be complete.
14 Jan 09, 20:17
Maxforce: Therefore the skillful leader subdues the enemy's troops without any fighting; he captures their cities without laying siege to them; he overthrows their kingdom without lengthy operations in the field.
14 Jan 09, 20:17
Maxforce: The general, unable to control his irritation, will launch his men to the assault like swarming ants, with the result that one-third of his men are slain, while the town still remains untaken. Such are the disastrous effects of a seige.
14 Jan 09, 20:15
Maxforce: Lets not divert into something else... remain focused... as Sun Tzu says, The art of war is of vital importance to the State. It is a matter of life and death, a road either to safety or to ruin.
14 Jan 09, 20:11
Maxforce: Anyhow... at the end of the day, what do you stand to gain? Whats the point?
14 Jan 09, 20:03
Maxforce: Stock picking is a skill of which he will have more than all of us combined. But if its on another field - ie FKLI or FCPO, its a different ballgame altogether.
14 Jan 09, 20:02
Maxforce: Alternatively if you re still not in peace, one of the only way to beat his returns, is via FKLI/FCPO. And I can personally assure you that it is possible to have a return of 1500% pa over 16 yrs.
14 Jan 09, 20:01
Maxforce: You ve definitely came a long way since then, mixing FA and TA. But his experience in mixing the two is longer than yours. It is unlikely for you to beat him in this game. Be proud that you ve come a long way. Be at peace with that
14 Jan 09, 20:00
Maxforce: Thirdly, Sam is not a pure FA guy. He uses the most basic TA tool - price and volume quite well. Whereas you started off as a real hardcore FA guy - remember when you first started blogging around the time I started F Trader?
14 Jan 09, 19:58
Maxforce: Secondly, when we invest or trade, what matters most is our own bank account, not others
14 Jan 09, 19:57
Maxforce: First of all, you dont stand to gain anything by proving Sam is real or bogus.
14 Jan 09, 19:56
Maxforce: Seng, forget it la... friendly advice here.
14 Jan 09, 19:49
Maxforce: Gee... long time didnt blog and it seemed that I ve missed a whole lot of funny stuff
14 Jan 09, 17:02
ezi: So it does break its opening high.
***********************************************************************************
With due respect to Maxforce , d below r my views , pls don’t take it too personal..ok ?
Max says : , when we invest or trade, what matters most is our own bank account, not others
Sam says : Exactly Max , U r absolutely correct ! whether my result n passbook r fake or not , it doesn’t matter , most important is my bank ac keeps growing ! bukan ? But if seng wanna to cheat himself by saying mine r fake. Well, as long as seng feel happy...pls go ahead ^V^
Max says: Stock picking is a skill of which he will have more than all of us combined; he uses the most basic TA tool - price and volume quite well. : You ve definitely came a long way since then, mixing FA and TA. But his experience in mixing the two is longer than yours. It is unlikely for you to beat him in this game
Sam says: woww...this one will hurt seng badly, how can u say it is unlikely 4 seng 2 beat me?? Do u know seng is an oversea graduate? With his qualification n good command in English, what an insult u said he is unlikely to beat a talk engrand char kuey teow china man like me!!! “Grin”
Max says: Sam is not a pure FA guy. He uses the most basic TA tool - price and volume quite well. Whereas you started off as a real hardcore FA guy - remember when you first started blogging around the time I started F Trader?
Sam says: Oppp!! wait wait ! Sam is not a pure FA guy, sam is using TA tool – price n volume quite well? This one I think u r wrong! U r absolutely wrong!
First, let talk about price, well. Of course price is d main concern b4 I jump in to buy certain stock, u can’t expect me to buy KNM @ 1.75 (PE >20 ), Parkson @ 8.00 ( PE >25 ) ! Do u ? How can a sense FA investor not concern about price? If d price is far too high, obviously its PE would be high also! Not that? Come on…max come on ^V^
Second , talk about volume , once again , it is also simple common sense ^V^ u don’t need to be scientist to know rain is coming if u see thunder in sky, same goes to stock mkt, if u see vol picking up, obviously it must be something on , not necessary she will goes up it may come down also, 4 example “ Iris N KNM , they were traded with huge vol @ 0.12 n @ 1.08 two months ago ! How now? Up or down? See? Volume coming doesn’t mean buy! It can be sell also! D key success here is FA! So how? .still think that vol stand 4 TA tool? Come on max..Come on!
Not convince enuf ? k..give u another example, Seng 's favourite stock Gpacket !
When seng called to buy gpacket @ 4.50 last year , it was traded with huge volume ! if based on TA method, it is a sign of buy , right ? but if u based on FA method, it is definitely a sell ! cos @ 4.50, Gpacket was traded @ PE around 30+- ! only fool will buy at this price !
Well, let take another look at Gpacket @ 0.63 in Nov 2008 , it was hanging around @ 0.63+- with very tiny volume, once again..if based on volume , TA will tell u not to buy..but how come it shot up to as high as 1.20 !? y ?
See ? volume only tell u something is "ON" ! it doesnt tell u "Up' or "down" ! if u see a stock selling u @ PE < 10 ( esp blue chips like Sime ) with huge volume , u stand a very high chance of gaining profit in short term !
Max, is my reasoning acceptable to u ? believe or not , I hv never use any TA for my stock picking since day one !
***
2 Ah cow , sorry to say i hv rec'd another email from yr fan, he knows me thru yr blog, how ar ?
2 kakisaya , yr sifu cow said sam 's results r all fake ! y still want to follow me ? ^_^
Ah cow read d below>>
How to be a FA investorThursday, January 15, 2009 12:30 AM
From: This sender is DomainKeys verified "Kaki Saya" kakisaya@gmail.com Add sender to Contacts To: samltt88@yahoo.comHi Sam,
To me, I can see you are very genuine in sharing your knowledge on investing.
Therefore please accept me as another of your follower hehe
Actually I only got to know your blog through moolah's blog article about the heated "challenge"
on you. Anyway, I'm a neutral reader but I have to say you are the most damn confident
investment blogger I've ever seen. You are such an inspiration. (hey not trying to bodek here)
Just to let you know, you are being appreciated here.
Adios!
***
2 mike 2day,come let dance n sing our “yum” song說不出的快活
http://www.youtube.com/watch?v=zdR9KGCjb0w&feature=related&fmt=30
tit thek > 1 , 2..123
你看我 我看你
你看我几时我有这么高兴过
你看我 我看你
你看我几时我有这么得意过
你可不必问我 这么高兴 这么得意
这么快活 到底为什么
Ah cow n ah seng , u know 为什么 ?
I tell u 为什么 , It is bcos my fake ytlpwrwb n uemland ^V^
Guys.. sorry 4 being so lcly..this song is not dedicated to u guys, thousand apology !it is 4 sour seng n sour cow ^V^
Lastly , about my uemland , fyi, I hv disposed another 3 lots of UEM land @ 0.885 , balance left in hand is now 2 , i will sell d remaining 2 lots on d 3rd day of cny for some " 好彩头 "
Woww, so many hits from US , thanks Boon 4 showing interest on my blog ^V^
^V^
122 comments:
hello Sam,
just want to know 1 lot of citigroup is equal to how many shares?
what abt the cost of brokerage?
i heard it is abt rm 200 per lot.
is it correct?
thx bro
hi Sam,
Are you using RHB invest as well for your US and SG trades? how was the brokerage fee? mind to share?
2 bigbang, 1 lot = 1,000 shares, in this citigroup, 1 lot = USD3,380 x 3.5+- = RM11,800+, talk about dividend , my agent from HK will collect d dividend 4 me if there any ^V^
this one is from LBH :-
以前提到结婚，想到「天长地久」,
现在提到结婚，想到「能撑多久」。
当初会结婚，说是「看上眼」；
後来会离婚，说是「看走眼」。
婚前，爱情是「神话」；
婚後，爱情是「笑话」。
男人花钱，是为了让女人「高兴」；
女人花钱，是因为男人让她「不高兴」。
嫁入「豪门」，要懂得「理财」；
嫁入「寒门」，要懂得「生财」。
以前的人，视婚姻生活为「一辈子」；
现代的人，视婚姻生活为「一阵子」。
婚前，男人在「餐厅」等女人；
婚後，女人在「客厅」等男人。
婚前，男人经常找女人「讨论」；
婚後，男人只告诉女人「结论」。
婚前，男人对她那摹菇不埃?
婚後，男人对她「大声」讲话。
恋爱时，情话绵绵；
结婚後，谎话连连。
恋爱时的男人，喜欢「毛手毛脚」；
结婚後的男人，变成「没手没脚」。
婚前，情侣做什麽都是「浪漫」；
婚後，夫妻做什麽都是「浪费」。
想结婚，是自己已能独立；
想离婚，是子女已独立。
婚前的男人，大都很幽默。
婚后的男人，大都很沉默。
女人的记性，吵架时最好；
男人的耐性，结婚后最差。
恋爱时，一见面就「亲嘴」；
结婚後，一见面就「斗嘴」。
婚前，男人常给女人「空白支票」；
婚後，男人常给女人「空头支票」。
恋爱时，生活「妙不可言」；
结婚後，日子「苦不堪言」。
婚前，男人天天盯着女人；
婚後，女人天天盯着男人。
热恋时，总相许「下辈子」再结良缘；
结婚後，常怀疑「上辈子」造作孽缘。
大男人，会「作威作福」；
好男人，会「作牛作马」。
婚前，「谎话」都是「情话」；
婚後，「情话」都是「废话」。
婚前，「靠近」一点；
婚後，「闪开」一点。
婚前，没话找话说!
婚後，有话也不说。
成功：对男人的定义是指能「赚」很多的钱，
成功：对女人的定义是指能「花」很多的钱。
男人有钱就变坏，
女人变坏就花钱。
男人「入错行」，上班会很痛苦；
女人「嫁错郎」，下班会很痛苦。
好女人，养坏男人的胃口；
坏女人，吊足男人的胃口。
婚前，男人像「传令兵」；
婚後，男人像「指挥官」。
如意郎君何处觅？
有才华的长得丑，长得帅的挣钱少，!
&nb sp;
挣钱多的不顾家，顾了家的没出息，
有出息的不浪漫，会浪漫的靠不住，
靠得住的又太窝囊.........
男人呢?
漂亮的女人不下厨房，下厨房的不温柔，
会温柔的没主见，有主见的没女人味，
有女人味的乱花钱，不乱花钱的不时尚，
时尚的不放心，放心的没看头.........
失恋不见得是世界末日：
你的心也许会「泣血」，
你的荷包却可以不再「失血」。
Hi Sam,
Why target to sell Citi at USD4.5? It can easily shoot up to USD8 in the event Robert Rubin resigns.
Happy trading,
Alex.
Ha ha guys, read what cyt said :-
cyt: "有才华的长得丑，长得帅的挣钱少"... they say this because they haven't met cyt
GOS: Ha ha u r really thick skin !
GOS: k..let me post it in my blog
***
Anyone out there 有才华+长得帅+挣钱 ? Lin Chi Ling is waiting 4 u lah ^V^
Sifu Sam
haha....
nice post ya
enjoy it much !!
regards,
yk
2 bigbang,
If you use OSK is about RM 200 brokerage. If you use RHB is much cheaper then OSK BUT you can't trade live like how SAM is doing.
You need to order before 4.30 pm so that your remisier can put your order and queue for you for the day.
I think ah seng Gigi sure sakit today! Ouch... ^^
2 alexander, 8 dollars 4 Citi ar ?? woww $$$...ha ha anyway..I am not a greedy man... 30 to 40% enough oledii...well, may be i will sell one lot @ 4.30+ first..n d other one keep 4 further rise ^V^
2 caleb.. u can find my answer at my previous posting ^V^
2 Jason.. i saw yr msg in my ym..something wrong with yr line over there..cant go thru ^V^
Hi Sam,
Good to know that u making money and more to come in the year of Ox. OK back to what Max had said on using price and voloume, if I'm not wrong I think it is pointing towards using FA to identify the counters or industry to invest in and at the same time uses price and volume trends to try to estimate the timing of entry and exit. Sure this is anyone's guess and this guess can oso be wrong and it can be very wrong at times but this can still give you some guide and idea on timing ur entry and exit though. Just my two cents worth.
祝大家新年快乐！牛年更牛！
Dear Sam,
Thank you for posting my comments and your followup writeups on my comments on Seng's blog.
FYI, I scored distinction in 1119 English but not really proud of it. No big deal. English is not everything. Good in English does not mean anything at all. As a matter of fact, my sifu is not good in English but I hold him in the highest regard. There are times when ppl insult his level of English and I ll come very hard on them, VERY HARD...
I am also a big fan of Sun Tzu. Everytime I am free, I ll read it, over and over again... it never fail to teach me new things. Sad to say, that also mean that I have not fully understand the scripture yet. Hopefully someday I will. Hopefully.
I am actually not supposed to blog. I m actually in seclusion. My sifu will be upset seeing me posting here but anyway, hopefully he ll understand that I only mean to share not to brag or anything. I ll always remember his teachings... to be humble or be humbled by the market.
Both of us will not gain anything from this discussion in monetary terms, at least not directly. Whether at the end of the day, you are actually using TA or not, it does not really matter also. You ll still continue your methods that work and discard any that does not. Same here as me. At the end of the day, we ll both look at our own bank balance and be happy or upset about it. Does not matter to anyone else.
I read your blog silently for some time. I ve never commented previously because you are such anti-TA person. Same as your fans. For whatever reasons it may be that you hate TA so much, it does not really matter. If you give me a chance to talk about TA as like right now, perhaps your perception of TA will change.
Back in 2006 or 2007, I cannot recall, I started a blog called Fusion Trader. One week later, Seng started his blog naming himself Fusion Investor. Later we visited each other's blog and intense discussion ensued. He was a pure FA guy back then. I was a convert - I started off with FA then fully TA.
FYI, I am an accountant by profession, I know the numbers. At the same time, I m not a book keeper, I look at businesses at the larger picture, unlike many accountants who are just interested in the numbers. Hence, FA is not a strange thing to me. However, later I switched to TA due to its superior result.
Enough for the introductions... now to the actual discussion at hand.
1) Your reasoning of the price usage in FA terms is acceptable to me. Very true. A pure FA guy cannot disregard price - there is a need to compare the intrinsic value vs the share price to come to a conclusion as to whether it is overpriced or not.
2) For volume indeed it is common sense. But then again, TA is supposed to be common sense. TA is not about the fancy indicators, not about fancy patterns, or fancy waves. At the end of the day, TA should be as simple as this - Price, Volume and Time.
I ll explain more on this Price Volume and Time shortly.
3) GreenPacket recommendation at 4.50 - at that time, I still remember when I read that, I was shaking my head... remember I am a pure TA guy already. Thus if you say TA suggested a buy, I disagree. As a matter of fact, I remember posting that GPacket was a SELL at Boon's chatbox. (Among others which I posted a SELL at Boon's was Tenaga)
4) May 19 was when the recommendation was made. I say, have the chart. Just price and volume would suffice. No need fancy indicators. No need moving averages even. Just the basic price and volume. What do you see?
My observations:
a)Price went up previously.
b)Notable lows - 5.22, 5.33 and then 4.90.
c)Rebounded from the 4.90 low but the price movements and the volume spike suggested that downtrend is imminent or at least that the distribution is taking place.
d)Common sense and also TA suggested that when Downtrend imminent, its a SELL. When distribution, get ready to SELL.
Hence why I disagree that TA suggest to buy.
5)At 0.60 in Nov, TA did not suggest to buy. Neither did it suggest to sell. However, it did suggest that accumulation is taking place. Volume spike after a downtrend while prices remain stable - ie the down range is not that big anymore, suggests that selling momentum is decreasing. Accumulation will start to take place. Short term buy is possible, but not a strong buy suggestion from TA. As a matter of fact, till today, it is still in accumulation stage.
6)Indeed your understanding of volume significance is good. Volume NEVER say its going up or going down. It should NEVER be looked at alone. However with Price, it may suggest something.
7)Many people claim to use TA, but they do not understand TA. TA is one of the most misunderstood tool. TA is NOT about indicators. Indicators are in the end a manipulation of formulas - circling around Price, Volume and Time. Eg. Moving Averages are basically derived from Price and Time. RSI - is derived from Price and Time too. Dont believe me? Go to investopedia and check it out. I shall not go into other indicators. They re all the same.
Hence, if all indicators came from Price, VOlume and TIme, WHY USE THEM??? They may make it easier to read, but they ll HIDE some things... it ll be like reading a summary of Sun Tzu instead of reading it in its original text!!!
8)For me, a 100% TA guy, I say, TA is 100% common sense. It is and should be the simplest form as possible - Price Volume and Time. It should not be complicated. It should follow the concept of KISS - Keep It Simple, Stupid.
So why now TA become so complicated? Because of vanity and pride. Initially people appreciate the simplicity of the TA methods. Then people began to feel bored. They want to complicate things. They feel that they re more superior because they use more complicated tool. But they forgot the law of nature - Ren Fa Ti, Ti Fa Tian, Tian Fa Tao, Tao Fa Zi Ran.
Everything goes back to Nature. Its a cycle. We live then we die, then we live then we die. Everything goes back to Nature.
Stock rises, then falls then rises then falls. The more detailed process goes as simple as this -
1) Stock is accumulated. Price does not move much. Volume begin to pick up. Accumulation Stage
2) Stock already accumulated sufficiently. Supply dried out. Demand came. Stock is pushed up. UPtrend begins.
3) Stock rises to target of the operators. Now operators started to sell. Public absorbing the volume sold. Price does not move much anymore. Volume remains high. Distribution is at place.
4) Operator keeps selling. Public cannot absorb anymore. Demand dried up. Supply overflowed. Price goes down. Downtrend begins.
5) Later it will hit bottom and then goes through the accumulation process once again.
A wonderful cycle isnt it? Doesnt it reflect how our lives are? Doesnt it reflect how Nature works?
Is it TA? I say it is.
Is it FA? No, I dont look at PE. I dont look at accounts. I dont assess the business at all. Just looking at this cycle.
So I still say, Sam, your usage of price, I accept is NOT TA.
But your usage of Volume is TA.
And YES... its common sense. But TA is SUPPOSED TO BE COMMON SENSE!!! Its only humans due to their pride and vanity make it complicated.
And I still say I am a pure TA guy, though I dont use the fancy indicators and stuff.
How, Mr Sam, accept?
2 Samgoss,
No worries on that. ^^ Small matter Sifu. So this chinese new year we got jodoh to meet or not? ^^
Anyway to Maxforce, i have been following Sifu like for a few years already and trust me he's purely FA! ^^
Anyway Sifu, today hand a bit itchy, enter small small TM 1200 shares at 3.14! ^^ For fun...
Just now had dinner with my best friends dad, he ask me to buy Tebrau! Wakaka... I was like...Errr.. Sorry not my cup of tea... PE 300++ ^^ Tak main macam ini lagi lor.. ^^
Butt,
What you re referring to is also known as a mixture of TA and FA. It is also called as RA - Rational Analysis by John Bollinger.
Some prefer that method. For me, its pure TA. For others it may be pure FA. Whatever works!
Cheers!
my goodness!! can i take tuition classes from you? tutor or mentor..whatever u call it, haha...citi go up up up...wasted, no account to follow u la sifu ...opening one soon! dont forget us when u get back hunting in klse :D cheers!
seng must be hoping it can go up a bit more..oppss...a lot in fact..to cover up his good pick :D
Dear max..wowww..seems interesting..k..let me go n take my bath first cos just came back from badminton game..yupppie..just noticed my sell order of citigroup done @ 4.30 ! not bad not bad ^V^ balance is now 1 lot..
K..i will come back to u later..give me half an hour..ok ?
K..back..
Good Max , u know d key factor to success is brain play not language play ^V^ Sad to say there r ppl like seng still dont understand this ^_^
Come back to yr TA explaination .
Allow me to ask u few questions :-
First, u said TA is common sense ,k.. but then horr..y seng still made so many mistake ? such as buying gpacket @ 4.50, GS @ 85 , Oskv1 @ 2.50 n Citi @ 8.50? r u saying seng knows nut about TA ? or he doesnt hv any sense ?
Second , u said "Many people claim to use TA, but they do not understand TA ", is this statement refer to seng ?
Third: U said "Stock rises, then falls then rises then falls. The more detailed process goes as simple as this - "..perhaps u should tell me why shit stock like megan, union paper ,promet all falled until u dont see them in KLSE anymore ? where got falls then rises ? bcos they were in huge debt until they cannot repay d debt , that's y they gone with d wind ! is this not related to FA meh ?
fourth : yr "Stock rises to target of the operators. Now operators started to sell. Public absorbing the volume sold. Price does not move much anymore. Volume remains high. Distribution is at place."
Let me tell u y distribution took place here , when stock rises to its fair value , value investors hv made enough , y should they hold ? hence they start selling ! isn't it a FA factor ?
Fifth: u said " 1) Stock is accumulated. Price does not move much. Volume begin to pick up. Accumulation Stage
2) Stock already accumulated sufficiently. Supply dried out. Demand came. Stock is pushed up. UPtrend begins "
Let me show u one good example, KNM @ 1.02 ,she came down from 1.70 , it was hanging around this level with huge volume 4 quite some time , is it accumulated ? look at KNM today , how much she is ?
Max..d above knm is a good example , price came down, she does not move with huge volume does'nt mean it is accumulation, how do u define it is accumulation or distribution ? TA cannot tell ? common sense also cannot tell ? bukan ?
sixth : Look at sapcrest warrant , down from sky, u said, stock falls then rise , well..this one is definitely cannot rise due to out of money n time frame factors , are these not A FA factor also ? y ytlpowerwb is different ? cos she is in money + long time frame , mother's future earning is very promising , r these not FA factor ?
I dont agree with yr stock falls then rises, falls then rises ..not all stocks can falls then rises ! only mkt can falls then rises !
FYI, yr falls then rises cycle is due to FA factor,economy getting bad , earning decline , fair value drop, hence stock falls , after sometime, economy getting better , earning improved , fair value increase , stock rises ! this is d fact ! all these happened bcos of FA not TA !
Lastly, since u said TA is a common sense stuff , well.. y not u pick up a few counters n show us how it works ? so far what we seen from seng r all holland calls !
How about that ? will u ?
Max ..sincere advise , talk is easy than do , show u one good example..all of us know what is buy low sell high , buy at low then sell at high, wait for it to come down then buy again n sell at high ! so simple common sense isn't it ? ha ha..is that so simple ? reall so simple ?
As i said , u know it doesnt mean u understand it , u understand it , doesnt mean u know how to apply it ! talk is free ^V^
Like d cantonese saying :講就天下無敵 !做就有心無力 !
D saying sound familiar right ? Seng blog ? ha ha..
Max, 2 me , Although I dont agree with what u said but still I hv to thanks u 4 yr long explaination.
Lastly , u can choose to ignore my questions if u think I am talking nonsense.
Thanks Max ^V^
Woww almost 3 am oledi..
kow kow g time..
Gd nite max n all.
Thank you for the reply.
Let me clarify some of the comments
Your comments:
1) First, u said TA is common sense ,k.. but then horr..y seng still made so many mistake ? such as buying gpacket @ 4.50, GS @ 85 , Oskv1 @ 2.50 n Citi @ 8.50? r u saying seng knows nut about TA ? or he doesnt hv any sense ?
My reply:
I have no idea why Seng did what he did. It is not up to me to comment.
Lets just say this - got one teacher. The teacher teach one class 40 ppl. All teach using same method. Will everyone understand the same? Can you say that the teacher's method work or does not work based on one or two people?
And in that class is 40 ppl. The teacher in his lifetime will teach much more than 40 ppl. Sometimes, there will be more ppl who can understand, sometimes less ppl.
2) Second , u said "Many people claim to use TA, but they do not understand TA ", is this statement refer to seng ?
My reply:
It is a general statement. It does not refer to anyone specific.
3) Third: U said "Stock rises, then falls then rises then falls. The more detailed process goes as simple as this - "..perhaps u should tell me why shit stock like megan, union paper ,promet all falled until u dont see them in KLSE anymore ? where got falls then rises ? bcos they were in huge debt until they cannot repay d debt , that's y they gone with d wind ! is this not related to FA meh ?
My reply:
Yes, some shit stock drop then died. Never see them again. Maybe later they will relist. Who knows?
The cycle longer.
Or, lets use the reincarnation analogy - some live then die, then live but as animal then die. Some will live then die but then ascend to heaven.
There are some exceptions. But then the general idea is that there is a cycle where majority of us will live then die then live then die loh.
And, some shit stock later restructure and change name continue in KLSE. Example - Renong?
4)fourth : yr "Stock rises to target of the operators. Now operators started to sell. Public absorbing the volume sold. Price does not move much anymore. Volume remains high. Distribution is at place."
Let me tell u y distribution took place here , when stock rises to its fair value , value investors hv made enough , y should they hold ? hence they start selling ! isn't it a FA factor ?
My reply:
To me it does not matter why it rises and falls. What matters is knowing when it will rise and when it will fall.
5)Fifth: u said " 1) Stock is accumulated. Price does not move much. Volume begin to pick up. Accumulation Stage
2) Stock already accumulated sufficiently. Supply dried out. Demand came. Stock is pushed up. UPtrend begins "
Let me show u one good example, KNM @ 1.02 ,she came down from 1.70 , it was hanging around this level with huge volume 4 quite some time , is it accumulated ? look at KNM today , how much she is ?
Max..d above knm is a good example , price came down, she does not move with huge volume does'nt mean it is accumulation, how do u define it is accumulation or distribution ? TA cannot tell ? common sense also cannot tell ? bukan ?
My reply:
Well, my statement earlier refers to accumulation process to uptrend. Yours are referring to distribution then downtrend. Apamacam la?
For me, KNM distribution happened in Jan-Jun 2008. Later downtrend begun.
Its range in 1.02 level not too long. Not sufficient to be called accumulation. Normally sideway action in accumulation takes months.
Huge volume downward price action, is not accumulation. Earlier I mentioned accumulation is Price sideway action, higher volume (not huge volume)
6)sixth : Look at sapcrest warrant , down from sky, u said, stock falls then rise , well..this one is definitely cannot rise due to out of money n time frame factors , are these not A FA factor also ? y ytlpowerwb is different ? cos she is in money + long time frame , mother's future earning is very promising , r these not FA factor ?
My reply:
Well, same reply, to me it does not matter why. Because "why" doesnt help me make money.
But "when" can help me make money.
7)I dont agree with yr stock falls then rises, falls then rises ..not all stocks can falls then rises ! only mkt can falls then rises !
My reply:
OK. Not all stocks.
Thanks for the correction. Market falls then rises.
8)FYI, yr falls then rises cycle is due to FA factor,economy getting bad , earning decline , fair value drop, hence stock falls , after sometime, economy getting better , earning improved , fair value increase , stock rises ! this is d fact ! all these happened bcos of FA not TA !
My reply:
Can see our concepts is different because you re finding out why. I only interested in knowing when.
9)Lastly, since u said TA is a common sense stuff , well.. y not u pick up a few counters n show us how it works ? so far what we seen from seng r all holland calls !
How about that ? will u ?
My reply:
After I went full fledged into TA, I went into FKLI and FCPO. Later went into US Futures - DJI (YM), SP500 (ES) but timezone difficult, health issues a lot. Finally stopped after kena tembak from doctor. Played a bit of forex too.
Stock picking is something of which you re good at. Not something I am good at. Yes, can use TA to pick. But then I ll need to screen through so many stocks... and whats the point leh... in the end, its something you re good at not something I am good at.
But, maybe what you thinking is for me to prove my theory. OK. If that is so, why not you name me some counters. Lets limit to five counters. Good counters and bad counters mixed or just make it random.
Then we have a timeframe target. Up to you how long.
Then I ll comment. You ll comment on the same stock also.
Timeframe sampai... then we see jadi tak jadi... can?
10)Max ..sincere advise , talk is easy than do , show u one good example..all of us know what is buy low sell high , buy at low then sell at high, wait for it to come down then buy again n sell at high ! so simple common sense isn't it ? ha ha..is that so simple ? reall so simple ?
My reply:
Yes, simple things very hard to do. Ppl say buy low sell high but always end up buy high sell low.
My additional comments:
I used to be very concerned as to why a stock rise or fall. But no more. Why? Because some shit stock can also goreng until high high. Over valued liaw but still go up.
Renong, Hwa Tai, Promet, Kuchai even. The pre 97 prices all is overvalued but still price go up.
Of course then they came tumbling down.
But to say that once price goes up and down because of FA, I disagree. Initially price havent reach FA target, maybe we can say its because its undervalued. But if price reach FA target then keep going up how? FA tak jadi?
The recent one - just take Iris. How much the value in FA? Shoot to 1.40, PE that time how many thousand times.
So why go up? More ppl buy loh. Less ppl sell. So why ppl buy? Well.. kena goreng loh...
Of course later goreng too long, hangus loh...
Anyway... that one all cakap kosong... thanks Sam for the reply even its 3 am... much appreciated.
For practical can la... if you choose lima biji counter for both of us to comment, then set a time limit. I will comment to the best of my ability loh. Jadi tak jadi tarak tau lagi. But then thats the fun part mah. Tengok whose comment right when time limit up.
But that one is if you re free la.
Apamacam?
Anyway... now I go goreng bihun... goreng goreng...
Hello Sam:
First of all, thank u for uemland, made a big angpau money for CNY.
Can u tell us is Lin Chi Ling waiting for u? bcos u r 有才华+长得帅+挣钱.. ha ha
I have a good laugh on that.. what about these below? ha ha
男女关系新解：
女人有两个优点，但有一个漏洞；男人没有优点，却又一个长处。
男人经常抓住女人的两个优点用自己的长处弥补女人的漏洞，这叫天衣无缝。
男人为何聪明？因为有两个头。女人为何爱吃？因为有两张嘴。
男女为何结婚？男的想[通]了，女的想[开]
了。
又为何离婚？男人知道深浅了，女人知道长短了。
婚后男人发胖，因为每晚有两袋鲜奶，一个燕窝，两片鲍鱼；女人消瘦，因为每晚只有一根香肠加两粒鸟蛋？哈哈哈!
*****
女人就好比一个梨子，外甜内酸，吃梨的人不知道梨儿的心是酸的，因为吃到最后就把心给扔掉了，所以男人从来不懂得女人的心。
男人好比洋葱，想要看到男人的心，就需要一层一层去剥开，但是...当你在剥开的过程中会不断的流泪，剥到最后..“他妈的”才知道原来洋葱是没有心的...
Sam:
Do u know who is Max huh? Max came from http://www.bizfun.cc/forum/index.php . looks at how quiet the said forum and you will know how stubborn these peoples there on defending TA.
If I am not mistaken, you have been invited to join them once. Unfortunately, due to their stubbornness and 'closed' minded, you rejected to join in. At the end, there are two experts there getting trouble with these "closed" peoples there. Maxforce I think still consider a reasonable guys. But; others...... what can I said? Look at the quietness of the said forum and it shall explain all. In short, the said place is also the place for people to syiok sendiri. Ask the Malacca fella and he really knows how to enjoy himself there.
So; my final advice to you. Don't waste your time arguing with those who do not believe you are a pure FA. End of the day, it does not matter also. All of us here trust you. Look at how many response you have since the sorhai seng's case. At the same time, please have a peep on seng's comments and feedbacks. If not bacause of moo, I think he got nothing out of it. It's like that. Losers really like to syiok sendiri.
Keep up your goodwork, Sam. 人在做﹐天在看 ......
Dear Maxforce,
I have been following Uncle Sam's blog throughout many years but not a decades..
In reality, i'm still strongly agreed on FA approach practicing by Uncle Sam all the while. Instead of TA method (canddle stick, lead you to halland)..
In fact, if you carefully examine the business news in newspaper whether chinese or english.. Almost more than 50% of writer emphasis on EARNING DATA, BIZ PROSPECT comes to derive so call "PE RATIO"...
About your statement, everything has it's circle.. Fall and rise.. rise and fall.. I'm totally disagree on your concept in stock market..
Does it mean all Fund Manager are playing game??? Just goreng goreng in stock market?? The answer is no...
In fact, "brain play" come into most important parts to earn money.. nothing is free in this world!!!
Definately, they are doing their homework based on HISTORICAL DATA, FORECAST, BUDGET and BIZ ENVIRONMENT (MICRO OR MACRO Economic) to decide which are FUNDAMENTAL STOCK (gems) to invest..
So MAXforce, since you said TA are more powerful than FA??? Pls show me which blog has proven records with TA picks??? Pls do email me.. i felt very curious on this... Haha.. Or you maybe show me your forehand call on the counter that based on your TA principle?? Haha
Uncle Sam are using FA to earn money not TA.. If he is using TA?? Oh, i'm so sorry then.. wasting my time to type message in Uncle Sam blog..
Haha.. TA is trying to deceive people.. There is no fundamental data to support the explaination.. Fall and rise.. rise and fall???
If yes, i think all of us is playing the childish game in stock market..
Anyway, appreciated your reading my message.. No intentional offend on you.. Just want to tell you what is the fact!!! Fact is fact.. Nothing can change the fact.. unless the person trying to come out certain unreal statement to deceive himself.. well, since Seng Ko is happy with that.. just go ahead.. We can not force the cow (Ah Seng Cow) to drink water.. Hahaha...
Just joking.. Have a nice weekend ahead..
The other thing I left out; for seng / moo / whoever thinks they are that great in TA skill, please keep on hiding at your own place and not to disturb the FA peoples here.
You guys think Sam is a real good writer? That is the reason Sam's blog always flooded with followers? Come on lar, banana guys / accountant like you all have better writing skills. But, why your readers 小貓兩三只? For those who loves hiding in the 'closed' world, please ask somebody else to translate this if you dont know chinese. What a shame though! Sam have lots of readers and followers due to the facts that he have real skills in FA and everybody here believe how good is FA!
So, if you do not agreed with FA; please hide yourself in your so called "TA" home. Your TA skills at your home was superb. But, that is only the case at your 'closed' home!
"Alternatively if you re still not in peace, one of the only way to beat his returns, is via FKLI/FCPO. And I can personally assure you that it is possible to have a return of 1500% pa over 16 yrs."
"Rollover is just basically long one month, short another month. You have actually closed the position and then make new one. Thats all. Normally used by instituitions who go for longer term or hedging purposes. For us little fellas, realised or unrealised there is no difference. Unrealised if not enough margin, kena margin call. Sama with realised what."
Ha, sure or not you know the game of FKLI/FCPO??????
Woww max.. what a fast reply , thanks 4 taking my reply seriously ^V^
I like yr answer on seng knows nut about TA . well, no need to go one big round n then come to say, yes he knows nut about TA , yr answer Is as same as mine "y, d length of our fingers r not d same ? 十个手指有长短! ", too bad, seng is d shorter one.
Yr reply , Yes, some shit stock drop then died. Never see them again. Maybe later they will relist. Who knows?
Well, even they can get listed later, it is quite unlikely 4 u to recover yr losses after d restructuring n bail out .
Yr fourth reply , my reply is to tell u that stok rises n falls r due to FA not TA , not like what u claim that it is solely TA !
D fifth one :
U says : Well, my statement earlier refers to accumulation process to uptrend. Yours are referring to distribution then downtrend .
My reply is: I am asking u “ how u define it is accumulation or distribution ? it is just like, buy low sell high , how to define low is low, n high is high ? boleh ?
D sixth n eight : u keeps stressing on timing , timing is TA tool, I stressed on :why” , bcos why is FA tool ! only when one knows “why” then only he can make money ! not when ! give u one example, if u know “why” caused women to pregnant, then only u know how to avoid it by using condom , u cant avoid pregnancy by using when ? by calculate “when” her period over to avoid pregnancy is quite unsecured ^V^ bukan ?
D last one :
U says : After I went full fledged into TA, I went into FKLI and FCPO. Later went into US Futures - DJI (YM), SP500 (ES) but timezone difficult, health issues a lot. Finally stopped after kena tembak from doctor. Played a bit of forex too.
Stock picking is something of which you re good at. Not something I am good at. Yes, can use TA to pick. But then I ll need to screen through so many stocks... and whats the point leh... in the end, its something you re good at not something I am good at.
Sam says “ ok..since u said FKLI is something u r good at..k…perhaps u can show us yr TA talent in FKLI ^V^what is so difficult ? boleh ?
Come 2 yr additional comments , U r talking about manipulation , no one can make money if d said stock was manipulated , be it FA or TA , u can hv a best buy signal or best fundamental of it, they can still put u in deep shit whenever they want . But then horr…it is very unlikely to be happened in bluechips stock due to their proven earning records.
Cut it short , If u want ppl to believe that TA is workable , u must show it to us ! like Theng N Herbert said “ so far, we see none of d TA blogger can do that ! none ! I know u will tell me that u hv no obligation to prove it 2 us.. Well..if that’s d case,,then y u claim that u r not d “shorter finger” among d TA learners ? not that ?
2 Theng n all , as I said, there is nothing wrong of being a banana man , cos they didn’t choose to be banana , some r due to parent n environmental factors, hence, it is not right to lough at them ! fyi, most of my best friends r banana also , but then they r very humble n nice like maxforcen n TL ^V^ if u wanna to shames them , shames those who think they r one class above d others n also those who look down to their mother tongue n culture like sour seng ! 2 me , maxforce is a nice humble gentlemen , I hereby welcome maxforce to drop his comments in my blog whenever he wish to ^V^ max..u hv my assurance, as long as u r giving sense comments, no one can tembak u in my blog ^V^
U said “Sam:
Do u know who is Max huh? Max came from http://www.bizfun.cc/forum/index.php . looks at how quiet the said forum and you will know how stubborn these peoples there on defending TA.
If I am not mistaken, you have been invited to join them once. Unfortunately, due to their stubbornness and 'closed' minded, you rejected to join in. At the end, there are two experts there getting trouble with these "closed" peoples there. Maxforce I think still consider a reasonable guys. But; others...... what can I said? Look at the quietness of the said forum and it shall explain all. In short, the said place is also the place for people to syiok sendiri. Ask the Malacca fella and he really knows how to enjoy himself there. “
Yes, I still remember that , thanks 4 yr alert ^V^ fyi, I only visited bizfun once when I was asked to join them last year, since then.. ha ha..u know lah ^V^
like Theng said : 人在做﹐天在看 ...... ^V^
2 ET , yr "Can u tell us is Lin Chi Ling waiting for u? bcos u r 有才华+长得帅+挣钱.. ha ha "
I am definitely not ! may be u r referring to cyt i guess ha ha..right cyt ? ha ha
Hi sam,
i am one of your keen follower since 2007 which is the year i start investing into shares. You r the one who introduce me to FA and i always impressed with your stock selection.
i also been following maxforce's blog last time and learned a lot about TA from him.
So i have been switching sides from FA to TA then back to FA and then TA and finally try to combine TA and FA.
To me FA or TA, as long as can make money, then it is ok. But i do hope i can learn more FA from u as your result have proven FA is far more superior.
Hi, Sifus...
Let everyone makes it simple here. If everyone allows me to do so :). Undoubtedly, to let ur bank account loaded with full bullets you need to use SOME weapons as your tools to Hunt this. Through what way is NOT important. Some people can use a machine guns to kill a person, some only used a small knife will do. It depends who do you want to KILL and IN WHAT Circumstances and your abilities. In the end the results in your bank account is the only measurable values. Just make it simple.... Share goes up due to SOME Body wants it to go up. Share goes down also due to SOME Body wants it to go down. Some Body here can be a small group or a big group or a STRONG person. TA or FA is just the tools to JUDGE or evaluate the stock market in bla..bla... I do believe in year 1993 there were plenty of people making money in the stock market. Right? :). ha..ha.. Simply Because of WHAT? Good Economy? Low PE? High PE? High Volume? It doesn't matter... Just treat the whole situation Normal DISTRIBUTION level shifted up due to Some BIG Gang wanted the market situation to BE in THAT way. Fighting with the WAVE or with Some body is NOT advisable. Just follow the WAVE and some simple common sense WILL make you HAPPY in the market. Bad Company with SOME body stand behind can make money too~. Good Company with a group of GOOD person stand behind can make money too~.
Just treat the share market up or down simply because of SOME body wants it to.... Sound blur and NONSENSE. Nevermind then, just see the result of your bank account... Finally, We all must respect to the PERSON who earn their living from share market trading. Right??
Oops...how about the world economy now? Worst? FA or TA explains that? Make it simple Loh... SOME Body wants it to appear in 2008... doesn't matter purposely or NOT. Just keep it simple. Cheers :). Just don't spent too much of time on TA or FA anymore. Just tell us WHAT counter is in comfortable level to get along with the WAVE and grab some FOOD from their mouth. Thanks sifus ~
Haha lone TA fella here sure kena tembak... but thanks Sam for the defence. Much appreciated your gentleman style.
I too free nothing to do this weekend, so post a lot hehe but also your comments quite interesting, else I also wont reply :)
Dear Theng,
Thank you for highlighting where I came from. Not too sure what bizfun ppl did to you or what they say make you not happy. Hopefully it was not me. Haha.
Anyway, I owe the bizfun forum because I learnt a lot there. Maybe you didnt learn anything there but as I did, of course it is only natural I feel gratitude right?
Its like you feel gratitude towards Sam here. Same thing loh.
Dear Herbert,
I ve been silently reading this blog for some time as mentioned earlier. Sam post his buy and sell calls. But I have not read a more detailed analysis as like those in newspaper or magazines.
Maybe I am wrong, but I think Sam does not do so much homework like the fund managers, investment analysts etc and his results are superior than those fund managers/investment analysts right? So perhaps homework need to do, but not that much as those by the analysts?
As for the cycle, Sam corrected my wording used - I should have said Market rise and fall; instead of originally Stock rise and fall.
But the whole premise I was trying to say is that it is based on the economic theory of rise and fall due to supply and demand.
And TA is centered around this idea.
Yes, some good stocks can have strong fundamentals that is why demand is high then price go up.
But for some shit stocks also price can go up one woh... if not goreng, I dont know what that is.
Which blog show TA more superior? Actually, so far, I have yet to see any blog which are superior... no offense... I started off in the net visiting many many forums. Then visit many many blogs. Often I stay for a few days to a few months. Most initially look very good. Then found out its not so good. This blog I havent really track yet. Will track loh. Then see if really this blog is good. No offense ar, Sam. Just I belum tahu lagi.
No offense taken on my part. No worries. Van Tharp once said, Everyone of us will have a version of the truth of which may or may not be the truth. Or something to the effect la. Maybe you re right, maybe not. I dont know. Time will tell.
Dear Theng once more,
Correct me if I am wrong, but Moo guy is a strong advocate of FA no? I remember arguing once kaukau with him. Because I borrowed Buffett's idea of "Selling when the reason you buy is no longer there" into TA. - he not happy. Then he say because I used foul language. All I said was that I have bastardized Buffett's idea and put it into TA.
Yeahla... bastard is foul word la. But in that context, it merely mean I change it loh. But he cannot accept. What to do.
Btw, I m better at FKLI/FCPO than stocks... so well if you think I dont know FKLI/FCPO... aiyah... apa macam mau bikin... no need to challenge me in stocks also. Because my stock picking skills lousy mah. Right in the beginning already say loh.
Dear Sam,
OKla... Seng knows nuts about TA la. Happy? He started his blog that time was pure FA. I was the one introducing and convincing him TA can pakai. Then he started looking at TA and to learn TA. Until now how long only? In time la, he ll be better in TA.
Is like, how long you took to master FA? Dont tell me born with it one ar... hahahaha
Anyway, yeahla, I pusing pusing then say the same thing. This one call polite mah :P
Yes, shit stock if delisted then relist is unlikely to recoup losses if one bought earlier. But well, my point is just that they might come back - thus the cycle.
Anyway, as said above and earlier, I ll mention Market Rise and Fall from now onwards, instead of Stock.
Actually I didnt say stock rise because of TA. I merely mention I didnt bother with the why loh.
How to define accumulation and distribution? Well... earlier I did mention that in accumulation, price doesnt move much; got some volume. And accumulation happen AFTER downtrend.
Distribution happen AFTER Uptrend. Price moves in range, volatility quite high. Volume remain high. But the price is in range only. Dont go make new major highs etc liaw...
Aiyah... if I know when... then maybe I no need pakai condom leh? Then I use the withdrawal style loh... :P
Yes la... risk is higher. But rubber also not 100% mah. And more shiok without rubber.
Hahaha.
FKLI. Manyak senang. Short now until Aug. That ll be my position. I m not that active in blogging, so if you want me become like you to post before hand, then susah la.
You got followers. I dont have.
You enjoy posting then let others make. I dont care loh others make or not. Not my bank account also.
OKla, you can say me selfish. I accept one.
But if you like, you can assume I take one contract every month. Margin is RM4000 now. Dont count the CNY higher margin la. That one temporary only.
One point is RM50.
End of every month see the ROI is how much. Maybe negative also can hahahaha but ROI number is big. So thats why if you say you earned 1500% ROI, I wont disbelieve just based on the number 1500 one.
I am fine if you base this as my "performance".
Make money in the market? Due to FA or TA or our brain power strong? Actually I think its neither loh. I always think I make money not because I am smart. Just because the operator let me make only. I am such a small fish. If they want to kill me, anytime they can. Even PB Aneas with 400mil fund also mati... so if they dont want to let me make very easy for them to do only.
So now if you want practical, can be either the options below lo:
1) You choose 5 stocks. Then I comment. Then you comment. I comment first because I am outsider unproven fellow. You would not want me to follow your comments right? This blog is owned by you, so home ground advantage, you comment later lo.
2) You track my assumed ROI per month by assuming I short every first day of the month until Aug. Margin - the capital is RM4000 per lot. Then kautim loh. I already analysed and my analysis tell me should short until Aug. Maybe I am wrong. Maybe I am right. Dont know one ar... if right, make money lo. Wrong ma lose money lo. Simple ma.
So Sam, apa macam? Whichever also can.
Once again, I thank you for coming to my defence. Appreciate it a lot. If you do come to Klang, let me know. Bakuteh on me. :)
Haha lone TA fella here sure kena tembak... but thanks Sam for the defence. Much appreciated your gentleman style.
I too free nothing to do this weekend, so post a lot hehe but also your comments quite interesting, else I also wont reply :)
Dear Theng,
Thank you for highlighting where I came from. Not too sure what bizfun ppl did to you or what they say make you not happy. Hopefully it was not me. Haha.
Anyway, I owe the bizfun forum because I learnt a lot there. Maybe you didnt learn anything there but as I did, of course it is only natural I feel gratitude right?
Its like you feel gratitude towards Sam here. Same thing loh.
Dear Herbert,
I ve been silently reading this blog for some time as mentioned earlier. Sam post his buy and sell calls. But I have not read a more detailed analysis as like those in newspaper or magazines.
Maybe I am wrong, but I think Sam does not do so much homework like the fund managers, investment analysts etc and his results are superior than those fund managers/investment analysts right? So perhaps homework need to do, but not that much as those by the analysts?
As for the cycle, Sam corrected my wording used - I should have said Market rise and fall; instead of originally Stock rise and fall.
But the whole premise I was trying to say is that it is based on the economic theory of rise and fall due to supply and demand.
And TA is centered around this idea.
Yes, some good stocks can have strong fundamentals that is why demand is high then price go up.
But for some shit stocks also price can go up one woh... if not goreng, I dont know what that is.
Which blog show TA more superior? Actually, so far, I have yet to see any blog which are superior... no offense... I started off in the net visiting many many forums. Then visit many many blogs. Often I stay for a few days to a few months. Most initially look very good. Then found out its not so good. This blog I havent really track yet. Will track loh. Then see if really this blog is good. No offense ar, Sam. Just I belum tahu lagi.
No offense taken on my part. No worries. Van Tharp once said, Everyone of us will have a version of the truth of which may or may not be the truth. Or something to the effect la. Maybe you re right, maybe not. I dont know. Time will tell.
Dear Theng once more,
Correct me if I am wrong, but Moo guy is a strong advocate of FA no? I remember arguing once kaukau with him. Because I borrowed Buffett's idea of "Selling when the reason you buy is no longer there" into TA. - he not happy. Then he say because I used foul language. All I said was that I have bastardized Buffett's idea and put it into TA.
Yeahla... bastard is foul word la. But in that context, it merely mean I change it loh. But he cannot accept. What to do.
Btw, I m better at FKLI/FCPO than stocks... so well if you think I dont know FKLI/FCPO... aiyah... apa macam mau bikin... no need to challenge me in stocks also. Because my stock picking skills lousy mah. Right in the beginning already say loh.
Dear Sam,
OKla... Seng knows nuts about TA la. Happy? He started his blog that time was pure FA. I was the one introducing and convincing him TA can pakai. Then he started looking at TA and to learn TA. Until now how long only? In time la, he ll be better in TA.
Is like, how long you took to master FA? Dont tell me born with it one ar... hahahaha
Anyway, yeahla, I pusing pusing then say the same thing. This one call polite mah :P
Yes, shit stock if delisted then relist is unlikely to recoup losses if one bought earlier. But well, my point is just that they might come back - thus the cycle.
Anyway, as said above and earlier, I ll mention Market Rise and Fall from now onwards, instead of Stock.
Actually I didnt say stock rise because of TA. I merely mention I didnt bother with the why loh.
How to define accumulation and distribution? Well... earlier I did mention that in accumulation, price doesnt move much; got some volume. And accumulation happen AFTER downtrend.
Distribution happen AFTER Uptrend. Price moves in range, volatility quite high. Volume remain high. But the price is in range only. Dont go make new major highs etc liaw...
Aiyah... if I know when... then maybe I no need pakai condom leh? Then I use the withdrawal style loh... :P
Yes la... risk is higher. But rubber also not 100% mah. And more shiok without rubber.
Hahaha.
FKLI. Manyak senang. Short now until Aug. That ll be my position. I m not that active in blogging, so if you want me become like you to post before hand, then susah la.
You got followers. I dont have.
You enjoy posting then let others make. I dont care loh others make or not. Not my bank account also.
OKla, you can say me selfish. I accept one.
But if you like, you can assume I take one contract every month. Margin is RM4000 now. Dont count the CNY higher margin la. That one temporary only.
One point is RM50.
End of every month see the ROI is how much. Maybe negative also can hahahaha but ROI number is big. So thats why if you say you earned 1500% ROI, I wont disbelieve just based on the number 1500 one.
I am fine if you base this as my "performance".
Make money in the market? Due to FA or TA or our brain power strong? Actually I think its neither loh. I always think I make money not because I am smart. Just because the operator let me make only. I am such a small fish. If they want to kill me, anytime they can. Even PB Aneas with 400mil fund also mati... so if they dont want to let me make very easy for them to do only.
So now if you want practical, can be either the options below lo:
1) You choose 5 stocks. Then I comment. Then you comment. I comment first because I am outsider unproven fellow. You would not want me to follow your comments right? This blog is owned by you, so home ground advantage, you comment later lo.
2) You track my assumed ROI per month by assuming I short every first day of the month until Aug. Margin - the capital is RM4000 per lot. Then kautim loh. I already analysed and my analysis tell me should short until Aug. Maybe I am wrong. Maybe I am right. Dont know one ar... if right, make money lo. Wrong ma lose money lo. Simple ma.
So Sam, apa macam? Whichever also can.
Once again, I thank you for coming to my defence. Appreciate it a lot. If you do come to Klang, let me know. Bakuteh on me. :)
One thing, I d like to stress though... I am not a master of TA. I am a student of TA.
If say Sam agrees on the challenge and then I lose, it ll only mean one thing... my knowledge not enough.
Then I ll put in more efforts in learning :)
And if I win, then it ll only mean I must learn to remain humble.
Either case, it ll not mean FA or TA is more superior. Just that it mean we ll have to keep learning.
Happy learning!
^V^
Ha ha..k..deal...!
Let start with ytlpwrwb , actually i am eyeing to buy back ytlpwrwb @ price below my selling point , I think d chances for me to buy back @ < 0.55 is still very much intact , based on yr TA analysis , what say u max ?
D second stock is KNM , what is yr TA analysis max ?
D third one is SIME , how ?
Bear in mind max , i want u to tell us when to buy ? or it is a sell at current level !? we dont want to hear grand mother stories, can ?
Yes , rubber (FA)is not 100% safe but it is much much safer than withdrawal (TA)! bukan ?
Ha ha ..u said u r only a TA student, what make u think u r qualified to tell sour seng , he cant beat me with his TA ? ha ha..seng , see ? a TA student said u know nut about TA , if i were u, i will find a hole to hide my bloddy head inside liaooo..ha ha
2 Theng , about d FKLI part, i leave it to u , u monitor it 4 me ..k ?
Bizfun people did nothing as they are simply nothing to me! Like I said maxforce at least a reasonable guy. However, maxforce was with a group of foolish who believe TA is everything and TA is so important. I have nothing against those ‘closed minded’ people. It is just that I seen how a real expert and how a big fish being bullied when he tried to educate the entire close minded people there. maxforce, you do not belongs there and please do not waste your time being mislead by the so called FKLI/FCPO expert there.
What u wants me to learn? Believe it or not, I am a real ‘lao jiao’ in FKLI and FCPO. So, what do u wants me to learn from the idiots and small player there? Who are they, by the way? A real fund-manager was presented there while the idiots there do not know how to appreciate. So, what do u want me to learn there? I only comment in blogs / forum with qualities. Your gratitude theory is totally wrong on my side. I respect Sam, simple as that!
You owe them for learning from the FKLI expert there that makes u a better in FKLI/FCPO? Are u sure? Your latest comment on roll-over was a real great joke. Your sifu there teach you that? Hahahaha, like I said, you do not belong there. With your good attitude, you should seek for better sifu, ok?
“FKLI. Manyak senang. Short now until Aug. That ll be my position” - How are u going to roll-over until aug with your rolling skill in kindergarden stuff? A beginner also knows how to roll-over, ok? That is the basic in playing this game!
“Make money in the market? Due to FA or TA or our brain power strong? Actually I think its neither loh. I always think I make money not because I am smart. Just because the operator let me make only. I am such a small fish. If they want to kill me, anytime they can.” - Come on lar, just because you and your gangs there are purely small fish, who the hell do u guys think u are? Big fish wont have time to kill you all lar…. Your small lots contribution does not require big fish’s attention. So, please stop blaming big fish when u are losing, ok? You are losing simply because of your skill. Big fish wont have time to look at you, ok? Not believe ah? Ask me lor, big fish like me prefer to look at how you guys talk kok rather than looking at the few lots you have in hand! Besides, your sifu will be ashamed when u said you are neutral on this. Fyi, he’s looking at you now, ok?
“Ha ha ..u said u r only a TA student, what make u think u r qualified to tell sour seng , he cant beat me with his TA ? ha ha..seng , see ? a TA student said u know nut about TA , if i were u, i will find a hole to hide my bloddy head inside liaooo..ha ha” – this I seriously like it. sorhai seng is just another who hides in his own small world.
"Dont count the CNY higher margin la. That one temporary only." - Oh.... your sifu teach you no need to calculate temporary higher margin ah? like that ah? so, let's assume RM 4000 stuck for the rest of the year with once in a while a higher margin, how much you wanna reserve to trade 1 lot? max, you can refer to your sifus, then only answer us. I wanted to know how TA skills / your accounting stuff can help you on this.
Sam, the game is getting exciting. I bet sorhai seng wanted to get involved, but too bad; he's not invited as we rather face maxforce (a reasonable guy at least)then 'paying piano with the sorhai bull'对牛弹琴, right?
Wowww, never thought that we hv an "old bird Theng " in FKLI/FCPO ! woww! big player worrr ! ha ha..good good ! seems like lot of hidden tigers reading my blog silently..ha ha
2 Theng , u can comments whatever u like in my blog..but pls dont use vulgar words lah.. i am not pretend to be innocent , i did speak one or two vulgar words once in a blue moon , but pls give some respect to our lady readers here ..boleh ? if u feel " pei song " without these vulgar words , y not u put it in short form ? such as " S H " , " M F " .. boleh ? ha ha..
My Dear Theng , d fkli part..i leave it to u liaoooo.. u monitor 4 me ..ok u know lah..i dont trade future n cpo one mah... I know there r lot of loop hole there , we need ppl like u to monitor his call 4 us ^V^
Come back to max ..
Max said : At 0.60 in Nov, TA did not suggest to buy. Neither did it suggest to sell. However, it did suggest that accumulation is taking place. Volume spike after a downtrend while prices remain stable - ie the down range is not that big anymore, suggests that selling momentum is decreasing. Accumulation will start to take place. Short term buy is possible, but not a strong buy suggestion from TA. As a matter of fact, till today, it is still in accumulation stage.
*****
Wait ! u said till today @ 1.10+- , gpacket is still under accumulation stage ?? OMG ! from 0.63 to 1.10 , up almost 100% liaooo...she still under accumulation stage ? still not confirm uptrend yet ? then tell us when to confirm uptrend ? 1.30 ? if that's d case .. If those who jump in @ 1.30 after seeing confirmed buy signal, obviously they will take a higher risk ! what if d manipulators throw all to u guys @ 1.30 ? like that mati lohh !! no wonder seng get his fingers burnt so badly ! ha ha
See guys ? this is TA ! u need to wait 4 uptrend signal..by then it has already rose more than 80% liaooo ! Max..u see d weakness of TA here ?
OK here comes my comment:
1)YTLPwr-WB
As this is warrant, it depends on the mother share. But instead of looking at FA stuff, I m merely going to compare the mother chart and the baby chart.
Grandma story:
YTLPwr was in uptrend until end 2007. Thereafter we see a huge drop - downtrend. In Apr 2008 onwards, the price move in range signalling potential accumulation process begun. However, the recent weeks runup has met some resistance and currently unable to break the resistance.
Grandma story 2:
YTLPwr-WB begun and price dropped since. At end Nov, the price ran up. Recent weeks unable to break the high. The runup is in tandem with the runup in the mother share.
The resistance now also in tandem with the mother share.
Sam's Comment:
Sam's comment to buy YTLPwr at less than 0.55 looked very likely.
My recomendation:
Current moment: SELL
Potential buy price target:
When YTL Power is around 1.65 and YTLPwr WB is around 0.45.
If YTLPwr WB goes to 0.45 while YTL Power is higher than 1.65, this price target is invalidated.
2)KNM
Grandma story:
Runup from cents region to ringgit region begun in 2006.
In 2008, distribution took place. Uptrend line broke in Jul 2008 signalling downtrend stage begun.
High volume registered in Oct and price downward momentum decreased signalling potential accumulation begun.
My recommendations:
HOLD first. Potential to buy around 0.40 remains high. Price to run high high, belum lagi. Wait for two more months. For long term people, can accumulate around this 0.40 price target.
3)SIME
Grandma stories:
Runup begun late 2007. Late 2008 to beginning 2009 distribution took place. Super Gap (my own term, not TA :P) happenned in Mar 2009 signalling super downtrend.
Currently while price is at prior to runup, no signs of assumulation process begun.
My recommendations:
NO BUY. Wait until accumulation begun for long term buyers. For TA buyers, as usual, wait for uptrend signals.
Hehe, sorrila with the grandma stories... but at end also got to the point summary. Can accept?
So over to your comments Sam.
Sam, rubber more safe, but less shiok. If want really safe then ma no need to do, then sure safe! Hahaha. There ll always be risk of pregnancy even with rubber. Haha.
They say, Everytime we choose safety, we reinforce fear.
I d like to think now I graduated from primary and secondary TA school liaw. Of course, belum dapat diploma, degree, master, phd whatever lagi lo. But maybe I am wrong who knows... Time will tell. If not, I go study SPM again. Hahahahaha :)
Dear Theng,
OK, FKLI part, I challenge you, can? Look like you think my simple strategy very lousy. So here is my challenge:
My position will be as follows:
At opening bell tomorrow - 19 Jan 2009, I ll take short position; whatever the price. Then I ll hold until end of month - contract expiry. Look at the settlement price in newspaper, then thats the price close. Then calculate profit or loss for me there.
Margin 4K. Capital 10K per lot.
The temporary increase one nevermind one la. Sap sap sui. After 3 days they reduce loh. In between if margin call also, got T+3. Hahaha. So far, I never kena margin call love letters yet. Thank you for your concerns.
Thereafter every 1st day of the month, short whatever the price. Until Aug contract expiry.
Still I am not sure why you sound like you hate bizfun so much. If they are nothing to you, why so "kek tong"? Relaxla.
Bizfun forum taught me a lot of things. Helped me make money. So, thank you for your concerns but I dont feel that I am being misled there la.
OK, so you re old bird in FKLI and FCPO. Whats your approach then? If you re an old bird, my simple challenge above will be no problem to you right? Anytime can beat that. So accept my challenge?
Anyway, still got many fund managers there la at bizfun. I met some of them also. Namecard ada pun. Some I open account with them also. Some of them taught me how to play other markets. Shared with me their experiences also. Got a lot of nice ppl there too.
By the way, why my comment on rollover is a joke?
Big funds rollover, sure I know. But whats the point for small fellas like me? Roll or not roll also, it will be realized profit/loss. The question was raised by another forummer whether rollover can become unrealised or not. So, what did I comment wrong?
You say - How are u going to roll-over until aug with your rolling skill in kindergarden stuff? A beginner also knows how to roll-over, ok? That is the basic in playing this game!
I say - No need roll roll over la. Simple enough. Short current month contract. Keep until settlement.
Following month new contract, short again. Keep until settlement.
Simple right? I dont want to confuse ppl who dont play FKLI. Senang sikit for them to see this strategy also. If take into account of rollover, then need to track more things, susah. We keep simple simple for everybody lo.
I dont think you re big fish la btw. If really big fish, then why so kek tong reading my comments? You should be very happy mah. If I get it all wrong, then that means every month income for you I got contribute one...
For those who dont play FKLI, FKLI is what ppl call zero sum game. For one to win, another must lose. Therefore, for big fish to win, all the other small fish must lose. Or other big fish lose loh.
So Theng, apamacam? Accept my challenge to beat my ROI based on my simple strategy? (Maybe negative ROI I will get, who knows) hehe.
GPacket...
Well Sam, maybe you see it as weakness la. But the way I look at GPacket, it ll come down again.
Yes la, naik from bottom a lot liaw. If you use percentage like that, how? Cos u compare from bottom.
If compare from top, the percent very small only.
So lets add GPacket to our challenge.
My recommendations to those holding Gpacket now: SELL.
What is your recommendations, Sam?
By the way Sam, I am going for holiday later. Will be back on Wednesday.
If I can find internet access, then I ll come and comment. If not, dont think I hilang ar... haha
Whoa .. Samgoss
Hi, I am Leno ~ the Analabs King from Investlah.com ... whoa !
Me, a FA investor ... making a lot of money using Business valuation compare to price strategy which involve mainly of accounting, management,economic, math and psychology.
So far so good.
Cheers.
Don't forget to log on to Investlah.com ... to argue, fight and discuss once in a while okay. A lot of Investlah.com are your hardcore fan.
Whoa !!
2max, from your 1st posting, u looks like quite a pro of TA, but the more u talk later on FKLI / FCPO and Gpacket... sighhhhh
U see yourself...Gpacket @ 0.60 in Nov... NO buy signal??? And you are giving Sam to critic on TA again!
As i said, i'm both FA & TA. max, pls lahh
Haha. Sorryla Ivy for disappointing you. As said, I m not an expert. Just a student.
Perhaps then you could tell me where is the signal to buy at 0.60 based on TA?
Sam will be Sam one la. He ll always criticise TA.
At the end of the day, we ll all be who we are.
Wowww....Ivtac, Leno , max , ck5354 n... all d seng 's fans shifted their attention to sam blog liaoo.. thanks guys 4 showing interest on talk engrand char kuey teow china man blog !
2 Ivy ( ivtac) , max is telling truth.. u can's expect max to tell us nonsense just 4 d sake of defending d pride of TA !? right max ?
Max..I will tell u my views on gpacket n ytlpwrwb later..cos need to go 4 new year shopping liaooo..
btw, wish u hv a wonderful holiday ^V^
Say, Sam, is that Zhuge Liang's picture you using?
Mr Sam,
U thought i'm Ivtac from fusioninvestor? sorry and plz lah ...I'm not !!
Never like Seng's way.
2max, any of the TA trader can find and tell u where is the buy signal of a chart when u look at the left side of a chart. but it's really no point to look back since it was passed, it's nothing great to talk about after hand story.
4Gpacket, i really dun blieve u cant see that, a turning point on 21/11 (high was 0.64 & low was 0.60), and there were a few inside bar after that for not able to break its high and low, BB started contract after broke 0.64 means something is cooking. BB expanded again with price up & volume also follwed up. NO?
maybe max is big fish, u want a 200% for each entry? hehe, no offence!
Well...Sam vs Max! Tis will actually benefit all d investors in tis blog. Hope tis is going 2 b a healthy challenge or rather a debate in share market 2 prove whether FA or TA is more reliable as an investment tool.
Tis challenge reminds me of d movie "Ip Man"- d great sifu of Bruce Lee. Many sifus like 2 challenge him eventhough being humble as an undisputed Best martial art sifu.
树大招风, after Seng, here comes Max, after Max, many other TA Masters will or probably r ready 2 challenge $ifu Sam.
Anyway，i prefer Sam's method in share investment coz Sam usually explains WHY he picks d stock n WHEN he'll buy d stock, tis is more convincing 4 investors as compared 2 Max's method of juz interested 2 know WHEN 2 invest.
华山论剑，FA or TA ? Lets wait n c !
Oh btw Sam, dont forget Sime and KNM too.
Ciao!
Max: ok, your answer good enough. This answer already exposed your weakness. So, there is no point for me to attack you anymore. Instead, I will help you to promote it as I think your answer is real good. I am helping you, ok? Rolling over not necessary ah? Just let it expire and reenter your positions the next day? Haha, what a good strategy and it is a strategy for small players who always worried being eaten up by big taikor around. Small fella ONLY know to play like that. So, that’s the reason small players always a student in the market. Heng tai…… now you all know how he dit it all the while, ok? I did not force him to say it. he admit it himself. So, you guys know what to do next, ok?
You want to challenge me ah? Who are you, a small accountant to challenge me? No need to do that lar….. somebody besides you will challenge you later on. Check with your colleague and clients lar. Haha! End of the day, my objective achieved! that's it!
anyway, heng tai, mark on the big fish and small fish things, ok? This could turn out to be a better joke compares to roll-over. Ha!
I maybe a bit kek tong on you. Yes, I admit that. But, I think my kek tong worth it for the answers that I received! Ha!
Anyway, I apologized sincerely to Sam for using some stupid wording at your place. sorry, Sam!
Hi to everyone, to Sam, and to Maxforce. I'm a silent reader of this blog, and I've been popping in from time to time since beginning of last year. I'm here to make a very belated greetings, as well to thank Sam for sharing all these while with us readers ;-)
I trade using TA, solely. But I must state that I'm very much a baby, before anyone here shoot me with a AK-47.
So what am I doing here? And posting a comment somemore, must be waiting to be shot? haha
Actually I strongly feel that I can learn from FA as well, if not necessary I trade with it. Very much like how I read Seng's blog, or Dali's blog, or some other blog. To me its no difference from reading todays business news, knowledge is power right?
And we all read the news in a neutral stand. Why suppress someone's else opinion in favor of your owns? News is news. Its neutral if you take a neutral stand. We can form our opinion later.
Sometimes I cringe when I see some unnecessary attacks on one's opinion. And claiming to be superior than tho makes me cringe as well.
Honestly, some comments here do have that strange effect on me. Hmmm ... Maybe my skin is not thick enough.
I'm off and out. Once again thanks to Sam for the wonderful blog.
The friendly competition between you and Max should be interesting ;)
I'm lending my support to Maxforce if you don't mind .. hehee
Max, way to go!
Ok, bye and good night everyone!
Ha,theng ah! Your trick works!
Next; since maxforce now already a FKLI& FCPO "expert", let's move on! after a great success, I was informed that max now venturing into forex.
Max, would u like to share with us how you trade forex with your "excellent" TA skill?
Many are looking forward to hear your success story.
Sam, sorry to use your space without inform you. However, I think you will be keen on any TA story, especially those "keng" TA stories.
2 Max, yes it is my idol zhuge liang, d king of " eat brain "..y ? u also admire him ar !?
2 ivy...woww.. seems like u r more smarter than max in TA wor ?? ha ha..anyway..what u said r all after hand story..can show us some b4 hand call ar ? dont follow seng 's style..ok ? one of d reason y I always hantam sour seng is bcos he likes to fuyohhh here n there with all d after hand calls !
WOwww. suddenly so many TA blogger appeared in my blog liaoo.. ! why ar ? Ah seng " Pang ma " ar ?
2 Theng , i like yr word " heng Tai " ha ha...
2 all heng Tai out there , u r welcome to my blog , I hope u guys can show us esp those FA followers d beauty of TA , BUTTT make sure u dont give us all after hand fuyohh stories like what sour seng did ! ok ?
2 be very frank, so far I hv never seen any of d TA bloggers able to prove it 2 me with his b4 hand calls ! NEVER !
What I saw was..Jason , Moo Moo, Random , wealthmagnet, n Ezi , I hv shorted FKLI this morning with 5 digits profit taken in my pocket , fuyohh fuyohh! sound familiar right ? ha ha tak lain tak bukan..aka sour seng namanya !
I'm not anyone's follower sorry!
I'm just making a comment after seeing other comments, no offense!
I actually have a phobia on the fuyoh word. As well as for certain people. haha
"I hv shorted FKLI this morning with 5 digits profit taken in my pocket , fuyohh fuyohh!"
Sounds familiar and heard it always...... sien lar, Ha!
Constance,we got what we want and Sam will show these TA fella real lesson eventually.
Bro Sam, keep up your good work and we always have confidence with you! Cheers!
Theng and Constance,
Hahaha Great. Now I dont have to crap with you guys. Fai see choi lei ar...
Sam,
So, whats your comment on the 4 stocks?
Trap no trap is actually doesnt matter. Sam, borrow your dont say grandma story.
So to Sam,
Whats your comments?
To Theng,
Grandma stories a lot la. Whatever la. You big fish, I small fish loh.
Big deal.
Thing is this, talk so much, so something la. Short or long? When? What price? Simple thing can do?
If not mah you like what others you commented only lo - banyak cakap tarak practical oni.
But then you re big fish... hahahahahahaha
To others,
Great to know I am of some entertainment value. LOL
^V^
HA ha getting more excited now ^V^
K... Max has shorted fkli this morning at opening price..theng..u follow up 4 us ^V^
@ max.. my views on Ytlpowrwb, sime n Knm ,
FA wise ..ytlpwr + sime r definitely classified under solid FA 4 long term hold.. i hv few lots of sime @ 5.50 n zero lot 4 ytlpwrwb at this moment , as i said, d worst is not over yet..hence , i believe i can buy back ytlpwrwb @ < my selling price ! d question now is @ what price ? < 0.58 , <0.55? < 0.50 < or 0.45 ? as usual , I will make my forehand call b4 i go in..ok ? at time of my entry, u need to tell us yr views also , buy or sell ? boleh ?
as 4 knm.. price wise, @0.40 +- is quite attractive, FA wise.. 50/50 due to is gearing n tight cash flow ! this one is definitely not a FA buy..u can buy in 4 short term swing trade like what i did , i still hv 5 lots in hand @ 0.42+- after some profit taken @ 0.515+- last week.
Heng Tai, seng is watching us out there , let show yr real TA 4 him to know how short his finger is ! boleh ka ? Theng ? n all d TA bloggers ?
Once again.. mark this down n prove me wrong >> if u can catch Ytlpowrwb N GI @ my TP, if u dont make > 100% in 5 years time, call me uncle shit ! k ? old saying, it could be earlier than that.. look at my ytlpwrwb , from 0.49 to as high as 0.77 , almost 80% returns in less than 3 months time..bukan ?
Remember these 2 babies > YTLpwrwb n GI $$$$$$$$$
Theng,
you said "You owe them for learning from the FKLI expert there that makes u a better in FKLI/FCPO? Are u sure? Your latest comment on roll-over was a real great joke. Your sifu there teach you that? Hahahaha, like I said, you do not belong there. With your good attitude, you should seek for better sifu, ok?"
so are you saying that maxforce's strategy is crap? Eh man, I am a FKLI newbie, not expert like you and would like to know some method on how to make money in FKLI (other than the "stupid" roll-over method). Seems like you are a big fish, Theng, and if you know a better way of making $ in FKLI (than maxforce)
then share with us.
At the moment you are only insulting maxforce by saying his method is s*it. Anyone can say it's s*it but show us a method which is better. I'm sure Sam will be happy for his readers to pick up some extra skills and $ also.
So how, Theng, otherwise everyone who say maxforce is s*it is just releasing hot air. Also good that we have a FKLI vs FKLI "discussion" so hope you will take up maxforce's challenge and also teach us newbies a thing or two about making $ on FKLI.
Good that Sam and Max can have a TA vs FA "discussion" on different points without killing each other. Now Sam's blog got stock (fa, ta) and FKLI also, getting very interesting discussion issues.
Hi Sifu Sam,
Can I know what GI is?
Thanks.
Regards,
Eric
2 herbert.. cos too many vulgar words in that posting..cant post it up lah..ha ha guys, u read that just now right ?
2 Eric n those interested in GI, i hv posted GI in my previous psoting :-
It is genting International , singapore stock >>
http://sg.finance.yahoo.com/q?s=G13.SI&d=t?
still not d right time to go in now.. mt TP is around 0.40 then buy in stages ^V^...it may not drop to 0.40 also..so how ? ha ha..let see how lorrr ^V^
Hellow darlie .. feel sour like sour seng ar ? attention ? ha ha...do i need that ? i wonder y nobody respond to u after u post there yr papa need attention ! ha ha
Yahh..i almost forget to ask :-
2 Max n all D TA bloggers,last month when resorts was hanging around 2.23 , there is one gentlemen from seng blog , his name is dorraid , he called to sell resort @ 2.23+- saying if u draw d line down,, resorts is heading to 1.60 !! ha ha d best part was... this kaki bodek jason got that message , he quickly go n sell off all his resorts in hand , later on.. resorts shot up to as high as 2.46+- ..ha ha pity jason ! kena con by d lousy TA chart ! see ? Is T A works ?
My question is :-
Tell me , is resorts a buy or sell @ current level ? if it is buy..then @ what price n WHEN ?
n oso..is resorts heading 1.60 ?
forehand call PLEASE !
Sam
This healthy bet going on between YOU and MAX is going to benefit us the silent readers a lot. I am going to cheer for both of you.
Hello Ta bloggers , where r u ppl gone ? how resorts ? calling 1, calling 2 ..calling 3 !
or u ppl want to wait till resort break below 2.00 then only u make yr call ???
come on , come on ^V^
Max is on holdidays , how about others ?
Ivy , how about u ? since u claim u r so good in TA ..y keeping so quiet ? if u can make $$$ from gpacket, what is so difficult about resort s ?
Dont tell me u r also on holidays..k ?
k..I will give u guys another 2 days till Wednesday..if still got no reply.. that's means .... ha ha , is ok..we know it in heart ^V^
2 those who made from ytlpwrwb n uemland , cny approaching , dont 4get to do some charity ..k ? FYI, i hv been doing this since 1993 ^V^,
below is an email from mike..his reminder says :-
Hi Sam,
Go ahead. It is my honour indeed....but I hope you can also call upon your readers to give away some of their profit for charity. Donation is very much needed during this time when most companies are having tight budget and their allocation for charity is thin. While we celebrate this coming CNY festival, we shouldn't have forgotten those who are less fortunate (I don't mean Seng ...haha).
Dear Uncle Sam,
Is ok not to post my comment.. sorry for rude word..Ah Seng Cow's TA followers who anti me following Uncle Sam (FA) approach.. pls don't post rubbish comment on my blog..
By the way, if you want to show your finger is the longest one?? pls show us your forehand word.. dun talk like kids.. action more louder than word ok?? Show me your evident or facts that support your statement shown in your blog!!!! ok?? Need to resit primary school UPSR again is it?? haha..
bro, what happen to your blog's comment? All like writing thesis ... damn long!!
My advise to all the TA students or whatever, do not treat buying shares as art ... 8 out of 10 od those who think that and closely monitor share market are in fact losing money. Only those just treat investing as 平常心 make money. Don't believe? Try to ask around.
One classic example of 平常心, Sam. Ask yourself one thing, if you have 500k money in bank, will you keep the money and only invest 10% in share market while you are monitoring share market almost every day? I can tell you 9.5 out of 10 can't do that including myself. That is one of the reason I put high respect on Sam. TL, agree?
Hi Sifu Sam, kindly pls add me to your emailing list.I sold my uemland at RM0.81. As for ytlpower-WB, pls advise at what price to buy. Thank you Sifu Sam.
Mr Sam,
Pls dun hantam me for any late reply, not everyone free like u. Get that thru your head plz. :p
I wonder which of your eyes read i ever said i won money from Gpacket? Pls read again lar. Never look at Gpacket if not Max asked where is the buy signal @ Nov'08.
Did i ever offence FA?? as i said i'm both FA / TA!!
Resorts started to drop near end of Nov'08 due to bad qtr report and related party transaction which is hate by investors.
And it was the external factor that made Resorts have a rebounce.
Everybody knows that the worse is not over yet, when mkt come down, do u think Resorts can survive @ the price of 2.23+- ? And if u buy at that level, what's the % u made from it since u still holding ?
Nothing's wrong like Sam buy around that level since it's a good cash / FA wise company. Like what u always do, if things goes against u, hold loll.
But from TA, it's definately not a BUY level.
When & What price? My view > possible to buy @1.80+- in March or April 2009!
What happen if i'm wrong? Anyone pefect? Maybe Sam is perfect? Nvm lah, i will shut my TA mouth and hide in cave to polsih my skills again. LOL!!
TQ and Gd9.
2 ivy, d below is what u commented on max .. u hamtam max 4 giving me a chance 2 critic TA ..bukan ?
Ivy said :
2max, from your 1st posting, u looks like quite a pro of TA, but the more u talk later on FKLI / FCPO and Gpacket... sighhhhh
U see yourself...Gpacket @ 0.60 in Nov... NO buy signal??? And you are giving Sam to critic on TA again!
As i said, i'm both FA & TA. max, pls lahh
***
Since u said 0.60 in nov..no buy signal ? this means u saw there is a buy signal , u must have bot in n made $$$ from it lah , bukan ?
Since u said max cant see it a buy @ 0.60, means u saw it lah..bukan ?
Come back 2 resorts, u said :-
Everybody knows that the worse is not over yet, when mkt come down, do u think Resorts can survive @ the price of 2.23+- ?
***
This show,,yr reading is based on d economy FA n not TA indicators liaoo !
What i wanna to know is < based on yr TA reading ..y u said it is a sell ? volume increasing ? huge volume ? RSI ? which one ?
Based on FA , I also know d chances 4 it to come down is greater cos d worse is not over yet ! it is like telling ah cow's mom is a female ^V^
What is yr TA reading ?
Any TA bloger out there can answer my question ?
Theng, it's all talk of hot air.. if u r a big fish like u had claimed.. challenge Max.. we can all learn from the exercise..
like Sam and Max.. whatever the outcome, we get to benefit from it... thru learning.. agree ?
no guts gah ??? chicken.. cluckkkk.. :-)
So... Ivy..u said resorts is a sell n heading south, but then horrr..y rhb technical said it is buy ? which is which now ? buy or sell ?see guys.. same TA method but hving different views on resorts ? hence..can TA be trusted ? either one of u having short finger now ! who? rhb or ivy ?
:-
Resorts World
Possible Short-term Technical Recovery From RM2.20…
Buy on weakness
Resorts is likely to revisit the RM2.20 support level soon. After suffering a
steep selldown in Jun 2008, the share price of Resorts hit a support of RM2.44 and
triggered a technical rebound. However, the recovery lost steam when it approached
the RM2.96 resistance level. At a high of RM2.92, it started to retreat. Its share
price mingered in volatile trading and touched a new multi-year low of RM2.14 in
Dec 2008. Though sentiment had seemed weak for the past few weeks, it has
shown a great support near the RM2.20 region. Given Friday’s closing at RM2.24, it
is likely to revisit the level soon.
Return of bargain-hunting activities nearer to RM2.20. The stock ended last
Friday with another negative candle, suggesting a likelihood of follow-through selling
activities today. With the weakening readings on the momentum indicators, and the
reversing mode on the 10-day SMA, sentiment is also seen to be weaker for the
near term. However, as the stock inches nearer to the critical support level of
RM2.20, we turn slightly optimistic for a return of bargain-hunting activities. The
buying support, if appears, should lead a short-term technical recovery to the 10
and 40-day SMA near RM2.32 and even the RM2.44 support-turn-resistance level.
Technical Recommendation:
♦ Strategy: Buy on weakness nearer to RM2.20.
♦ Target: IR = RM2.32 R1 = RM2.44 R2 = RM2.68
♦ Support: IS = RM2.20 S1 = RM1.90 S2 = RM1.60
♦ Exit: Turn negative below RM2.14 and cut if it falls below RM2.05.
***
It is just like telling me..d unborn baby is either boy or girl !^_^
Not that ? ^V^
good mrng Mr Sam,
AGAIN,did u read that i'm both FA & TA? Both of them acted like air-bag to me. Why should i buy Gpacket since its FA cannot protect me? I would rather take risk to buy/sell futures than Gpacket lor.
I've my own reason to critic Max as he a bit misleaded ppl on FKLI part that i no need to explain to you cos u NEVER a FKLI trader that can understand. Ask Theng lar! But sori to critic Max at your blog.
Resorts buy @ 1.80 not based on TA? Sori to tell you that it's based on TA, i did not mention in details cos i doubt you can understand what i say on TA. You tot TA only those indicator like BB, MACD, RSI or STC only ar?
Well, come back to Resorts TA, from WEEKLY chart, there are 2 Bar Fractal on 7/11 & 21/11, both high=2.80. From what i know, 2 Bar Fractal is a strong reversal signal that could bring down the price around 34%, so 2.80 x 34% = 1.848. so far i did not see any reversal signal that support me to call for a BUY on Resorts.
Resorts did make a rebounce to 2.46, but i never believe all these buy low sell high story! And that candlestick on 9/1 is a reversal signal for Resorts to come down AGAIN.
So, this is consider TA? NO?
Grandma story is >> no matter FA / TA, we are trying to look top down, which is from 大环境到小环境!
Nevertheless, Resorts is FA wise, what i want is only better entry price from TA. Nothing's wrong if u bought it, as long as you got holding power.
TQ.
Gd morning 2 u too Ivy, read carefully what i posted there, i said :-
So... Ivy..u said resorts is a sell n heading south, but then horrr..y rhb technical said it is buy ? which is which now ? buy or sell ?see guys.. same TA method but hving different views on resorts ? hence..can TA be trusted ? either one of u having short finger now ! who? rhb or ivy ?
****
see ? both of u r using TA method , y one called buy d other called sell ? one of u must be short finger ^V^
Y, same TA method but 2 different views from both of u ? that's my question !
I dont use TA doesnt mean i dont know how 2 analyse what u guys said ^V^
hehe, did not realize your new posting, so hv to reply again b4 i go off or else Sam will again say i hiding lollll
wowwww, u r putting me to compare with RHB? HAHAHAHA.. I'm only a half past six trader that only 2yrs+ in mkt.. LOL!!
Surprisingly Sam blieve in all these recommendation from investment bank, even if they make call to buy/sell base on FA, Sam follow blindly???? and what investment bank comment on FA sure 'cun' one???? We hv to do our own homework rite?!
WHENEVER THERE IS A BUYER, THERE IS ALWAYS A SELLER AND BOTH THINK THEY ARE SMART. If you can figure this out then you've won half the battle already.
gtg, later lar if there is any question again. CAIO
V^
Ha ha..i listen 2 investment bank advise ? ha ha u must be kidding ..Heng Tai , let me tell u something lahh.. 3 motnhs ago..rhb sec's FA department calling a sell on ytlpower , what is my call on ytlpwr ? needless to tell lah..u gys know better right ?
I dont give a damn on what d broking hse 'call esp on TA part..i brought this up is to show 2 u guys how useless TA is ^V^
how come u TA guys got 2 different views based on d same indicators ?
Yes , there r always a willing buyer n willing seller , but then horr..it could be d FA is d buyer n d TA is d seller or vice versa ^V^
n one more thing horrr... how come i dont see any of d TA bloggers calling buy on uemland @ 0.57+- ? yr TA indicator doesnt work meh ? ha ha...
TA ohhh TA ^V^
^V^
Excellent, excellent thought of china man :-
**************
You do not need the Chinese votes,” my Chinese friend went on. “PAS is going to win big without the Chinese votes.”
This statement troubled me and I asked my Chinese friend who was facing great trouble tying to remain standing to explain what he meant.
“PAS is going to win big. The Malays will swing to PAS. You just watch. So you do not need the Chinese votes. The Chinese can vote BN.”
“Okay,” I replied. “But even if PAS can win with the Malay votes why can’t the Chinese also vote for PAS?”
“PAS is already going to win by at least 2,000 votes even if the Chinese vote BN. So why worry?”
Rosmah Mansor, the wife of the Deputy Prime Minister, made this very clear to the Kuala Terengganu voters on Saturday, one week before the by-election. “We know who you vote for,” said Rosmah. “If you vote for the opposition we will know.”
The message Rosmah was sending to the Kuala Terengganu voters is that your vote is not secret and the government will know if you voted for PAS or BN. That is not true, of course, but who would want to take that risk in case it is?
The Terengganu Menteri Besar, Ahmad Said, was more blunt when he told the Chinese. “If you are nice to me, then I will be nice to you. If you are not nice to me, then I can be ten times more not nice to you.”
I had to concede that the Chinese are going to ‘play safe’. “But just promise me one thing,” I told my Chinese friend. “If PAS can’t get the Malay swing will the Chinese then vote PAS?”
“If PAS can’t win without Malay votes then we Chinese will vote PAS. But PAS will win, you watch, so no need for the Chinese votes. Let us vote BN and then we can put the blame on the Malays when PAS wins.”
*******************
This is called one stone 2 birds , I get what i wanted at d same time u didnt get offended ^V^ what a superb strategy n perfect ending ^V^
That's y chinese can survive at every corner of d world ^V^
hi sam,
i was introduced to this game from my friend yesterday and i think your blog readers maybe interested to try
to those who think their TA skill is good, why dont try on this game
http://chartgame.com/
It is based on the previous historical chart and without knowing FA, the player can based on their TA to trade.
to those who TA skill lousy, why dont practice it there and see if it works?
Sam sifu,
Something out of topic here. I find that reading your blog when I'm feeling asleep at work can really wake me up with all these hot discussions!
Anyway, just wan to ask, what's ur current position now in the local market. Have u sold off everything prior to the CNY?
Sorry, but I find it hard to trackback on previous postings...
Sam,
you said "see ? both of u r using TA method , y one called buy d other called sell ? one of u must be short finger ^V^
Y, same TA method but 2 different views from both of u ? that's my question !"
to be fair, you can see many analyst report from brokerage based on FA but some say buy and some say sell (overvalue or undervalue). All use FA but different conclusion also, why? Plus, if FA is really all the same, how come only 1 Warren Buffet, should have many more "buffet" billionaires by now. Sam, if you teach 2 students probably get 2 different results also. Different size of the finger applies to everything, FA included.
But it is good to see a healthy discussion from a different perspective, and the parties are arguing from their own logical perspective. If everyone can continue a "gentleman" discussion, will be a very good thing for this investing website. But hope Sam will not write so much until he forget to give us his latest "forehand" smash call.
lastly, I hope Theng will take up max's challenge bcos I would like to learn from a big fish expert like Theng on how to make $ in FKLI, as i'm sure many readers here would support Theng educating us on the finer points of FKLI as well. Jochee, I'm sure Theng is not chicken (clucckkk, clucckk), maybe he just have not read the posting.
Dear Ivy,
My compliments to you. From your postings, can see you re highly intelligent. Things may not always be what it seemed.
Sure you may say or think my ideas on FKLI a bit misleading but you shall soon see the idea.
Laters.
Dear Sam,
Later I post my reply. See what time I balik yah. If not then tomorrow I reply.
Bingo ! good question from ccdev ! i am waiting 4 u guys to counter me with this question ! k..let me tell u what is d different ^V^
As known to u , MAcd , RSi , resistance , supporting all can be calculated n formulated , example... break at X price with huge volume is telling u a SELL, same goes to break above Y price with huge volume is telling u to buy ! all these can be formulated !
side line , price doesnt move at low with huge volume means accumulation , price side line @ low with thin vol means not much selling pressure..bla bla bla..all these r fixed indicators , TA blogger can make their buy/ sell call based on these indicator ..bukan ? y should they hv 2 different views ?
Come back 2 FA , FA is different ! besides its cash flow , nta , pe n BS ... d most important factor is future earning , future earning is solely a forecasting, it depends on yr foresight n estimation ! it can"t be formulated like TA ! that's y d views r different from FA investor !
Take an example , some called to buy KNM @ 0.40 4 long term hold some called not to touch , y ? simple ! PE wise..KNM is low enuf , Theme wise ..yes it is under O n G , EPF is buying in big bulk , but then y they r some FA analyst calling sell ? it is bcos of its high gearing n cash flow ! n oso d outlook of O N G , all these will hv great impact on its future earning , hence.. u can't hv same views in FA cos future earning is unpredictable ^V^
2 pharmalogik , based on what d TA author said " There is a whole field of study, known as "technical analysis" that focuses on trying to find clues as to whether a stock is likely to go up or down based on its past stock chart behaviour. In fact, there are companies, such as Recognia based solely on doing stock chart analysis. Nobody claims to be able to predict accurately or reliably. "..
u know y i am not interested on TA ^V^
sam,
ur sime go holland liao but i understand that u say hold if mkt go against you ^^
No need to argue which one is better either FA or TA or high IQ, EQ ,right /left brain thinking or some exotic sophisticated holy grail formula. Peter Lynch have some advice where he said dont listen too much to the so-called experts but to use your everyday common sense of your beloved brain to identify investment opportunities.U must comfortable,knowlegable & confident of the companies management & products. Use their products ,feel it yourself and also ask what other people opinion of their products !! Rule no.1 that must not be break :- dont ever ever ever invest anything u dont know very much !!
2 Gamelion, i think u got it wrong liaoo..how can u say I am comparing FA with TA ? how can one compare US (FA) with bangaladesh (TA ) , totally different class at all... I am using FA to show them that TA ia actually bangaladesh if u compare it with FA ( US ) ^V^
It is totally not level play at all ^V^
2 WS.. my cost 4 sime is 5.52 , holland level 4 sime is if she dropped to 5.00+_ (-10% ) then only we can say that mkt going against us n we need to hold 4 long term ^V^
Just like Ytlpwrwb, she drop to as low as 0.395 after my purchase of 0.49+ , is that u called holland liaoo ?Heng Tai , still too early to tell ^V^
Thanks for you (Kids, Ah seng's cow / TA follower) left such a kids statement in my blog.. I got other more important things to do rather spend time on this rubbish arguement..since you are very happy on my losses on YTLPOWER-WB huh?? Just Go ahead.. Pls don't disturb my blog again.. By the way, sorry that i making profit on UEMLAND huh?? jangan marah huh..
My time is for making future money.. not for you this otak cacat person always look behind things that has been passed.. what was passed has been done?? ok?? need to teach you again huh?? Ah Pek?? I will buy back YTLPOWER_WB again when Uncle Sam call to buy again.. Jangan marah huh?? Hahaha..
This is my last posting.. i will treat your posting on my blog is childish comment..
I really felt shame to visit your blog.. this is my last message for you. JAngan marah huh... (Grin).. from Herbert. Uncle Sam's follower...
P/s: thanks for releasing my comment in your blog for this TA follower read..
Wow!! Resort go up today!!! Fantastic..
Since now very free... too bored... so I ll reply some of the comments.
Hahaha, I am such a no life. Holiday also looking at market. Thinking about market and talking about market. No life betul!!! Hahahahaha
Ccdev,
Looked like you ve grown a lot since we last chatted. Congrats!!!
Sam,
Your comment - Come back 2 FA , FA is different ! besides its cash flow , nta , pe n BS ... d most important factor is future earning , future earning is solely a forecasting, it depends on yr foresight n estimation ! it can"t be formulated like TA ! that's y d views r different from FA investor !
Actually same one la. FA investor will come out with different projections. TA users will come out will different calls also loh.
As to why, some TA users based solely on indicators cannot work, well, many reasons la. Part of it, they dunno how to use volume. Your explanation of volume very good. In fact, there is a TA theory on volume called VSA - Volume Spread Analysis which will cover in depth about the volume use. However, whenever I mention VSA to TA users, most of them havent a clue what it is. So, apa macam? Thats why I say many claim they know TA but actually they dont la.
TA or FA really is a tool. US or Bangladesh, dunno yet one la.
You graduated top of the class in FA, then you compare with those who flunked in TA class. How la... fair ar this comparison? Like buli budak kecil only lar Sam...
My lousy TA, only secondary school level, that call for Monday opening SHORT WHATEVER the price, may seem like a stupid strategy. But where is it now?
Price now 877.5. I m closing position so I can relax and enjoy holiday else kena bantai.
Opening price yesterday 899.
Thats 899-877.5= 21.5
Less 1 pt for commission
thats 20.5
That means 20.5 x RM50 = RM1,050.
If dont want close position also can, up to the individual la. Long term still down, thats why I so confident with that stupid strategy. Scared big fish cannot fight with that strategy onli.
RM1050 over RM10,000 (my capital as suggested per lot) = slightly more than 10% in 2 days...
Now is that strategy so stupid still ar?
TA cannot use? ROI 10% in 2 days cannot pakai?
Aiyah... good cat, bad cat, my cat can catch the mouse... so is it bad cat?
Sam, seriously, is ROI 10% in 2 days time a Bangladesh method ar?
This one no grandmother story. I posted BEFOREHAND.
How?
But I agree one thing la... so far, all the TA buggers you met all dont understand TA one.
Even for me, I still veli lousy in TA.
As the chinese saying goes, One moutain high, another mountain higher...
I aim to learn more.
So Sam,
I sincerely hope that this gentlemen exchange of views can change your viewpoint of TA buggers.
Actually its not TA that is bad or lousy. Just many buggers dont understand TA then say stupid things make you think TA is lousy.
Maybe you think this one still not sufficient proof. If so, wait until Aug. Track my stupid strategy. See the ROI is how much.
Dear ivy,
Yes, that strategy sound stupid. And it may mislead ppl that think FKLI so easy when actually is not. But let me ask you one question - how do you track your performance? Just ROI per month? Or you compare with something?
For me, I compare with this stupid strategy. My performance per contract MUST be more than this stupid strategy. Else, that month I failed. Then I learn more.
Besides... this Big Fish Theng is probably a fraud. Just because he probably visited bizfun and kena from my sifu Theng then now he so bitter.
Yes, one of my sifu is Theng of Bizfun. BUT this Theng in this blog is not my sifu. He is just an imposter, testing my EQ level. Fortunately my EQ is not as low as last time when I first started trading.
About BB usage and other indicators, have you run a test on the Metastock system tester? Whats the result over a period of say 10 yrs? Is it more than 50%? GOt reach 90%?
I know whats the results actually because I did the testing before.
Now, its your turn if you have not.
1) Build a system for the Metastock System Test.
2) Run the test see the results over 10 yrs.
3) Segregate now the period of 10 yrs into 2 yrs each - 5 periods. Run the test again.
4) You ll see the 5 periods will have different results, depending on your system, some periods will be very profitable, some periods will be very lousy.
5) Now the question is WHY?
Ivy, you mentioned you only 2 yrs. But it seems like you know more than those who claim they know TA for 5-10 yrs. So it can only be that you re very smart person. If the above question you can answer, then ROI per month in FKLI 20% no problem for you.
Why I didnt mention about the buy signal etc? Because initially I dont want to answer so many questions. In fact, now I am answering the question which could have been raised with another question. Hehe. Malas want to tell outright. Normally ppl dont learn when you spoonfeed.
Anyway, if you already know the answer then my apologies for wasting your time and for underestimating your knowledge. My apologies once again. If my apologies not enough, then if you come to Klang, bakuteh on me too!
of course, if you didnt know it, then bakuteh on you!!! Hahahahahahahahahahaha
Rollover...
For those who do not know what is rollover, basically its very simple.
Say you have shorted FKLI Jan contract.
Then as Jan contract will expire end of Jan, but you think you want to short until Aug. So you rollover at end of the month.
What it means is basically you LONG Jan contract, SHORT Feb contract.
So it means you closed Jan contract and open a new one in Feb contract BEFORE Jan contract expire.
Does this knowledge means you are big fish?
I know this when I first open my account. My broker explained to me long time ago. No big deal.
In fact, whats the point?
For those who got visit a blog about crude oil. There is this one blogger, who say he long crude oil at average USD80 per barrel.
Then as we all know, price went up to as high as USD150.
Now its about USD30-40 per barrel.
What did the guy do? Well he ROLLOVER ROLLOVER and ROLLOVER.
Profit didnt take. Loss now he take as if not loss - probably consider unrealised kua.
I say that is STUPID.
Simple as that. Should be under his category - IDIOTIC MOMENTS. Probably should add in one new category also MAJOR IDIOTIC MOMENTS.
So rollover lagi???
I m very simple fella. Unrealised or realised, losses are losses. Gains are gains. Full stop.
Sam,
Your hengtai is fake one la.... he ll only tarnish your image onli.
Of course, to Herbert,
I am very sorry that there are ppl who kacau your blog in the name of TA.
Actually TA never asked ppl to kacau FA ppl. Hahahaha
Those ppl give TA a bad name. As a TA secondary school graduate, I condemn their actions.
Peace offerings from a TA guy.
Sifu Sam,
sometime if the share really go holland its good for us cos we cant get lower price to earn more $$$ right?
i hope SIME drop till RM 5.00 +- then i buy in some more.
ha ha ha...
regards,
yk
^V^ Well done well done Max..this is called forehand smash..but then hor.... it is still not convincing enough..know y ? cos everybody knows mkt shld be heading south when cny approaching , I even posted there 2 weeks ago..saying u shld sell on strength one week b4 cny..if i hv to play fkli oso..i will short d bugger , hence yr win does not tell us d beauty of TA , cos u r based on mkt sentiment n d fundamental of world economy ( whole world knows d worst is not over yet )
Anyway.. still hv to praise u 4 yr "chun" forehand call ^V^
K...since u hv closed yr short contract , tell us what is yr next move , short again ? if yes then @ FKLI ?
btw , about d fake heng tai , well... i hope u understand d great sun tze once said : my enemy's enemy is my heng tai ^V^
so.. D fake TA's enemy is also my heng Tai , get what i means ?
Playing FKLI is something like playing big n small with late uncle lim , one win doesn't stand 4 final victory , cos u will going to put yr bet again..d following could be a loss ^V^ agree ?
Just like what u commented on resorts @ 2.21 yesterday , u called a sell..today resorts rose 4cts despite d fall of KLCI, so how now ? can we said it is a bad call by TA max ?
anyway, max..pls carry on with yr fkli , I like yr style ^V^ u dares to say it b4 hand unlike sour seng
Mr Sam,
I think Max already answered u on why TA can have different view on a same stock.
Your comment> January 20, 2009 5:12PM :Just like what u commented on resorts @ 2.21 yesterday , u called a sell..today resorts rose 4cts despite d fall of KLCI, so how now ? can we said it is a bad call by TA max ?
If then, how abt SIME? Is it a bad call from FA Sam?
And Mr Sam, it’s maybe that your follower dare not to voice up when they have followed some of your lose $$ call bcos they rely on you.
Remember your call on Huaan that u mentioned low PE & promising out look of its future earning? Again you called to buy EPIC when there was a rumours on it but u mentioned not to worry even the rumours did not turn up bcos EPIC is FA wise. But then, you swapped both of them in lose $$ position to oth. counter. Why swap them? Their FA sudden change? FA only allowed for sudden change that NOT predictable????
2b honest, I respect your FA skills but never on your attitude that 一竹竿打死整船人.
It’s YOUR choice that not to look in TA but why insult ppl who apply in TA if they never offense you? Maybe some of them did but need to一竹竿打死整船人meh?
Pls be fair Mr Sam. FA sure win? I would say both FA / TA got weakness.
And 2Max, I have my own strategy on futures but embarrass to tell that it’s abt 80% win only. But I really dun agree what you comment on ROLLOVER… A Rollover only mean to rollover and rollover again? And I really LOL!!! There are some advantages in Rollover but of course with certain condition. Well, .....DIFFERENT STROKES FOR DIFFERENT FOLKS.. I juz suddenly ‘naik angin’ when I read you selling your strategy in some chatbox by a bit misleading ppl and again when I read you in Mr Sam’s blog. This is how and why you kena.. LOL!!
Happy Investing 2ALL.
Sam,
I baru aje balik. hehehe.
OK. true. You hit a good point - the win is no big deal. I as you know have mentioned earlier - the stupid strategy of just blindly shorting until Aug.
No big deal also as FA will also say world economy is bad. Msia economy bad, etc. So what does that leave us?
FA say bad, TA also say bad. Habixlah hahahaha. Anyway, the point is - WHY FA say bad AND TA say bad?
WHY both FA and TA come to the SAME conclusion?
WHY?
Because FA and TA is just a method. IF the method is right, it ll come to the same conclusion!!!
So whatever method you use, if its right, it ll come to the same conclusion!!!!
So FA better or TA better? SAME!!!!
But of course la, if a skilled FA fella (ie you, Sam), compare with a lousy TA fella (all the buggers you met previously) of course la, you win!
What if secondary TA fella (ie me) vs a lousy FA fella (dont want to mention name here), what happen? Of course I win la.
Big deal? No right?
I sincerely hope that my reasoning is good enough for you to see that you dislike TA not because TA is no good, just that you have not seen a good TA user.
Am I a good TA user? Unfortunately, only secondary school graduate here. I am still learning. But hopefully my current knowledge already sufficient for you to see its not TA that is bad. It is the ppl who give TA a bad name.
There are many ppl who are good in TA out there. Just many dont post. In fact, as a secondary school graduate, I should not be posting or blogging too.
To be good in TA, one must guard against many emotions. One of them is always to remain humble, ie no ego. And also to guard against vanity. The more one post, the more one will fall into the trap of vanity, of ego, of wanting to be right due to pressures from the readers. It is all detrimental to the trading performance and violation to the rule.
So far, my sifu havent screw me for posting so much yet. But later sure kena! Hahahahaha.
Come to Resorts.
You said:
"2 Max n all D TA bloggers,last month when resorts was hanging around 2.23 , there is one gentlemen from seng blog , his name is dorraid , he called to sell resort @ 2.23+- saying if u draw d line down,, resorts is heading to 1.60 !! ha ha d best part was... this kaki bodek jason got that message , he quickly go n sell off all his resorts in hand , later on.. resorts shot up to as high as 2.46+- ..ha ha pity jason ! kena con by d lousy TA chart ! see ? Is T A works ?"
My answer:
I tak kenal who is dorraid la. I lama tak blog liaw. So outdated la. So his trading call I have to answer ka?
Anyway, his sell call at 2.23 then resorts went up to 2.46. Because he say will go to 1.60.
OK. Just based on this - dont say TA or FA. If he think its going to 1.60, even if 2.00 also must sell loh.
Anyway Ivy already posted very good explanation - there was no buy signal, worst is not over yet.
Although, I must say, I havent a clue what is that 2 bar fractal that Ivy talked about. Is it from the Fractal Analysis one ar, Ivy? I not familiar with Fractal Analysis. Maybe you can teach me Fractal Analysis, hehe. :)
Or you take my FKLI position for example. I say short whatever the price. So happens to be 899. But it went up higher to 902.5, takkan u want to blast me for not being able to pick the highest point for sale meh?
Or today I posted say close position at 877. But low was 874. Takkan u want to blast me for not being able to pick the lowest point meh???
Habixla like that... I mana got the skill to pick the highest or the lowest point? Die die... where can like that, Sam. Mana got fair???
Or tomorrow say FKLI open lower summore. Then I kena blast? Mana boleh... I close because I on holiday. Mind not too clear asyik kena hantam for looking at market. But anyway generally, one should short until doomsday come as per my stupid strategy earlier mentioned. When doomsday come? Dunno. If know means I am God loh... human means cannot be 100%.
True, FKLI is riskier. Anyway, so track until Aug loh... you see its big or small. I am sure if you do your FA analysis, you ll come to the same conclusion as my TA analysis. Otherwise one of us may be wrong!!! Hahaha
Come to Sime.
Dear ws,
To be fair. Price closed at 5.40. Sam mentioned he got some lots at 5.50. How can that be Holland? If 4.00 then yes la. Now no loh. If it does go to 4.00 then onli comment it went to Holland mah.
To Sam,
Sime, YTLPwr and KNM. I understand your comments but I dont understand one thing. I ve always thought that FA is about value.
So based on the valuation then only compare with the price see whether under or over value. Then onli we buy or sell right?
If so, what is your valuation - ie fair value for Sime, YTLPwr-WB and KNM?
Or is it my understanding of FA is lacking? I would like to understand more also :) Please explain if it is my understanding that is lacking.
Then for YTLPwr-WB, when is the expiry?
OK. Tired la. Goodnite.
2 Ivy...sime is a bad FA call ? ha ha.. I was wondering whether u understand what is FA or not ? , FA is not like TA , buy now , sell or cut loss when it break below/above d TP ! sime down 10cts from my cost, is it a bad FA call ? it is still too early to tell, perhaps u shld look at my ytlpwrwb @ 0.49 , she down to as low as 0.395 after my purchase, do u consider that as bad call oso ?? I think u need to find out more more about FA !
Max alread answered y TA can hv different views ? OMG ! u called that a answer ? he talked about volume , volume can be counted n formulated, whatever thingys that can be counted can also be formulated ! since it can be formulated , d views shld be d same !
Just like maths , whether u use 2 times 3 or 3 times 2 , d answer is still d same !
FA can not be formulated due to unpredictable future earning ! that's y d views can be different ^V^ if u still dont understand this... i think god oso cant help u liaoo^V^
Talk about my epic, first pls look at my comment on epic, i said it is unconfirmed insider news , that's y i bot little bit only, n it turned up to be a false alarm , so cabut lah what to do ?
as for Huaan, cos commodities r all heading south , its future earning couldnt meet my forecast ( unpredictable future earning ) at d same time i found there is a better stock to swap to (ytlpwrwb ), hence i cut @0.575 n swap to ytlpwrwb , as simple as that lorr ^V^
4 me , TA is like gambling, as known to u all, out of ten gamblers , 9 will ended up in holland n d other one will die standing , since it is no good, y shld I keep quiet ? salah ka ?
Know y I 一竹竿打死整船人? find out yrself , which TA bloggers r doing well ? see yrself, how many of them still blogging now ? most of them r either half death ot gone with mr holland liaoo...am I not correct ? need me to name their TA blog out ?
2 max, ha ha macam ini pun boleh ar ?? FA n TA come to same conclusion ? ..u must be kidding ^V^.. recession is due to fundamental of d economy is coming down not bcos of TA lah.. dont simply call ppl mama if u see her wearing skirt..ok ?
besides d sour seng , R u saying all d TA bloggers out there r half tanker ? ha ha.. I like yr statement :-
To be good in TA, one must guard against many emotions. One of them is always to remain humble, ie no ego. And also to guard against vanity.
Hello max , by saying there r no good TA bloggers out there , do u think Max can still be humble n no ego ? ha ha ..what say u theng n ivy ? ha ha
Dear ivy,
I am not sure why you naik angin...
And if it is some ppl using my nickname - maxforce, I cannot do anything.
FYI, I got a private message by yy asking if I got chat in bursa chat box asking ppl how to trade fkli/fcpo...
I laughed like mad... gotta be kidding me! Newbie in FKLI meh... trade very long loh... ask ppl how to trade?
But aiyah... you must understand. Today, in internet, anyone can pretend to be anyone. As said, I was in seclusion. I havent posted in blogs for very long time. Its just the other day went to Seng's saw all this hoo-hah thought very funny. Then talk.
Then Sam posted it here. So I chat.
Thats about it loh. I dont chat elsewhere. Too many chatboxes out there. Dont know which one got ppl use my nick. Anyway, now also I dont chat in Seng's. Soon I wont chat here also. The only one I will always check and reply is bizfun where I visit everyday though its pretty much of a dead forum now. But hey then its good. No need chat so much. Hahahahaha
Anyway, like I mention earlier, one of my sifu is Theng - of bizfun. Then we see Theng of this blog. Two are different ppl.
AND... I do NOT sell my strategy. NEVER!!!
Rice bowl leh kawan... where got sell one... siau meh...
As for Sam's comment asking if there is good TA bloggers out there - I would like to expand it to is there any good bloggers out there about investment/trading... my answer is NONE!!!
Dont ask me what about who and who la... My sifu - Theng of Bizfun (not Theng of this blog) always say, there are no sifus in bizfun or in the internet - himself included. But I still regard him as my sifu.
As for you dont agree that TA and FA come to the same conclusion because you stress that it happen because of FA, I would say this -
Maybe it happen because of FA. But then maybe FA analyst already call for bottom. The recent rally lagila... a lot of FA analyst came out and say its bottom!!!
How?
Even if it happen because of FA, it doesnt matter. If one uses TA, then it must be able to read it!!! The conclusion MUST be the same else one is wrong.
As for me... am I totally humble and no ego? Unfortunately no... Sad to say no... thats why secondary school graduate only loh... sigh...
Max said "So far, my sifu havent screw me for posting so much yet. But later sure kena! Hahahahaha."
Hi Max, one thing i dun understand is y can't post/ share your understanding on TA.
^V^
Aiyah max..u always said yr sifu from bizfun forum, jgn jgn u r d "sifu : of bizfun forum ha ha..anyway it is ok.. until today, u still havent show us about yr TA skill wor ?? so far what u "TALK" is only theory , mana pratical ? when max when ? we r still waiting for it ^V^
As for d FA of my ytlpwrwd n sime pls refer 2 my previous posting if u interested ^V^
Guys, one of our darling is falling down slowly but surely.. bullets already loaded for her, come baby come..come to papa here ^V^
Ha ha..2 ivy , first of all.. u still dont understand d different btwn FA n TA..once again..sorry..god oso can't help u ^V^
it seems like u came here 4 "balas dendam" ..oppss.. sorry lah..I cant post up yr comments anymore from now onwards.
Talk about TA bloggers's view about me..ha ha..it is just like asking Mahatir , is Lee Kuan Yew a good leader ? is lee kuan Yew better than u ? ha ha..anyway is ok..who cares ? as long as my bank ac keeps growing everyday , who cares ? but then hor..i wonder y u show yr interest on samblog ? y ?ha ha..
One more thing ivy, popularity is not count by " Talk only ", it count by blog hits ..ok ?Pls ask yr TA friends , how many hits they hv in their blog ? old saying..results speak all..k ?
Jgn marah yah ?
Well, Sifu Sam back to US stock. Now Citigroup Inc 2.91 will you call buy in stage?
FEATURE-Feng shui masters see calmer markets in Year of the Ox
By Susan Fenton
HONG KONG, Jan 21 (Reuters) - Stock investors reeling from last year's market mayhem may take some solace from practitioners of the ancient Chinese art of feng shui, who predict a calmer, if subdued, performance in the coming Chinese Year of the Ox.
"This year of the Ox is an 'earth' year, when people will take a breather and reflect on what they should do after a turbulent 2008," said Hong Kong feng shui master Raymond Lo.
Practitioners of feng shui maintain the universe is made up of five elements -- earth, water, fire, wood and metal -- that define the collective mood in our environment.
Earth is the calmest of the elements and this year is a "yin earth" year as well as an Ox year, symbolising a more feminine energy, says Lo.
The Year of the Ox, which starts on Jan. 26, will be the most peaceful year globally since 2000, he says, but stock investors don't need to rush into the market yet.
"2009 will be a 'pure earth' year, which means fire will be missing so there will not be a lot of drive to push up the stock market," said Lo. The economic climate will still be tough and though stock markets might rise in the first half of this year, gains could peter out in the second half, Lo said.
"The market should still be quite low in the second half and that would be a good time to get in ahead of a recovery in 2010 (the Year of the Tiger)," he said.
The global outlook will be helped by the fact that incoming U.S. President Barack Obama was born in a "yin earth" year, like President Abraham Lincoln. French President Nicolas Sarkozy and Taiwan's President Ma Ying-jeou are also "yin earth" people.
"This is a new generation of leaders. They are more calm, humane and charismatic," Lo said.
Leonardo da Vinci, Michelangelo, Charles Darwin, Tchaikovsky and Sigmund Freud, were all born in "yin earth" years which symbolise harmony and a move to a new order.
The last "yin earth" year of the Ox, in 1949, saw the birth of NATO and the People's Republic of China.
A report this month by Japanese research company Daiwa Institute, however, warned that Ox years are usually disastrous for stocks and Japan's Nikkei stock index .N225 has fallen by an average 11.4 percent in each of the past five Years of the Ox.
Feng shui masters have a mixed record when it comes to market predictions. Lo forecast a stock market correction a year ago but also advised investors to put their money into property.
Prof. Charlie Chao, a leading feng shui expert in the Philippines, was quoted in a CLSA research note a year ago as warning of a possible global economic crisis in 2008.
But he also forecast a better performance for the Philippine stock market. That didn't happen. Manila stocks slumped 48 percent last year, reversing a 21 percent gain in 2007.
Chinese emperors put great faith in advice from feng shui masters as do many business tycoons and politicians in Chinese societies today. Apartment blocks and office buildings as well as furniture are often positioned according to feng shui principles to generate "wealth".
Banking giant HSBC's Hong Kong headquarters was built in accordance with feng shui guidelines and Hong Kong Disneyland changed the angle of its main entrance after consulting a feng shui expert.
As fewer people buy property or start businesses during the economic downturn, Michael Teo, a feng shui master at I-Ching Fengshui in recession-hit Singapore, is seeing a drop in business.
However, sales of auspicious feng shui jade carvings, which cost $2,000-$3,000 and are believed to bring wealth, are being snapped up every day, he says.
Koh compares feng shui with a reliable weather forecast, saying it can help us anticipate changes in our environment.
We cannot stop the rain, but knowing it is going to fall we can prevent ourselves from getting drenched," he says.
But getting wet may be a minor concern in the Year of the Ox. While financial markets should be calmer, Koh foresees the spread of disease and a spate of natural disasters, particularly in the northern hemisphere, with landslides, floods and earthquakes in store.
(Additional reporting by Kash Cheong in Singapore and Elaine Lies in Tokyo) (Editing by Megan Goldin)
****
HSBC n Disneyland oso believe Feng Shui , aka darlie still think it is feng my shui ? ^V^
2 Jensen , yes y not ? ..4 those who like to 4low me to buy citigroup in stages, pls read d below b4 u jump in ^V^
Samgoss said...
Dear max..wowww..seems interesting..k..let me go n take my bath first cos just came back from badminton game..yupppie..just noticed my sell order of citigroup done @ 4.30 ! not bad not bad ^V^ balance is now 1 lot..
K..i will come back to u later..give me half an hour..ok ?
January 17, 2009 1:32 AM
I bot 2 lots of citigroup @ USD3.38 last week, sold 1 lot @ USD 4.30 d following day , made about 3,200 ringgit , so my cost 4 d remaining lot is now stood at 3.38- 1.00= 2.38 ^V^
Yes , i will buy in stages again.d next level 4 entry would be ard 1.80+-. any one wanna 2 follow ?
I YM with cyt just now , know what cyt told me ? read d below:-
cyt: wow
cyt: cool, i;ll follow
cyt: sure got ppl FA and got ppl TA no matter how
cyt: else if everyone like u so smart FA method, then who will contribute to our win ? right ?
cyt: everything must have the Ying and Yang side
GOS:
GOS:
GOS: Well said
GOS: i think i need to borrow yr statement liao
***
Well said CYT !
I like this statement , if everyone uses FA like what we did , then who will contribute 2 our win ? ha ha ..
When there is a winner, there must be a loser ^V^
K.. 4 those who still think that FA is works.. pls go ahead to contribute , xie xie ni ^V^
Sifu, i today do what you always do during Chinese New Year. Do contribution to the needy people. ^^
Feel glad can help around a bit! ^&^
See ya soon Sifu. Got comeback ma this time? ^^
haha.....
of cos i will follow you C at USD 1.80
hope i can get 2 lots of it.
regards,
yk
FA and TA both depends on INFORMATION.
Information comes from the underlying company and also from the perception/formulation
of more information generated by market. In other words, price of a stock is a function
of both fundamentals and perception. Fundamentals being the more important because without it
there is no stock.
FA tries to acertain the accurracy of the information coming out from the company and
capitalize on the information discrepacy between the companies information and how the market evaluate
it.
TA however assumes that the company is doing its job of making money and staying in existence but focus on the perception
part of the price which is volatile. FA tries not to make such assumption but focus on ensuring the the company is doing so. If the company is doing its job then the price is long term bullish. If the company is not doing its job then the price is long term bearish.
But either one, along the way the price goes up and down(provided there is enuf vol) due to perception and TA tries to
profit from these movements.
TA depends on FA for security and movement.
FA depends on TA for maximum profit. FA takes advantage of TA.
Both depends on itself to work. Huh? Yes, this is the theory of reflexivity by Soros.
TA and FA information is both generated by humans and they themselves affect the price.
When(i say WHEN) FA fails, it is usually because of the inaccuracy of the companies information.
At these times, TA can be useful because it can pick up certain clues(due to action of insiders and related parties that knows these information beforehand). FA also fails in bear-ing market.
On astrology and markets. Astrological information may have certain truth in it. But the write up about it causes an affect greater than the real affect it actually has(In other words, mainly crap). The fact that many ppl believe in it causes it to be true.(You believe it is a bad year to buy, then you dont buy. If enuf ppl dont buy then the market
will be depress) This is also true for TA, the fact that many traders believe in TA also can cause the believe to manifest.
How true is the statement that astrological is played up more than it actually is true?
This is because when it comes to natural disasters(which cannot be affected by believe),
astrology always play backhand smash.
After it happens, a lot of crap comes out saying how astrology indicated that it will happen.
But never can astrology call a forehand, otherwise everybody can avoid natural disaster.
Hi Sam Sifu,
I am rewriting this comment again because something happened and I am not sure if my comment went through earlier.
I bought TOPGLOV yesterday 4.20. Even at the current price of 4.32, I think this stock is still a good buy because the valuation is not too high - PE 9x for annualized earning within 2009.
TOPGLOV stands to benefit with the current drop of raw material price, esp rubber which halves the price from last year. And as for its business dependant on export, with USD strengthing against MYR at around 3.5, should further raise her profitability. Also compared with last yr, the exchange rate was 3.1.
She is in recession proof business as the gloves is mainly made for health care industry. And with this I think it should carries higher valuation to 12-13x, which translate around RM5.3 This is roughly 20% from it's current price now.
I have bought 1 lot of this - will be forehand call too :)
What do you think on this?
Alala! I am here to see any tips from uncle Sam, why so much TA stuff oh! "V"
TA is trend follower! You TA guys un or not un? It MEANS when crude oil going down from USD147 to USD35, u keep shorting so now u r rich. TA Pro would have told you market is going down 1 year ago, so TA pro again did a lot of shorting.......If you missed that, your TA failed.
It's like D-.
This is what TA does. It is the purpose of TA. So now TA pro will tell you market is going down. Why i am hearing u guys having buy call?
For FA pro like Warren Buffett and Sifu Sam, this is a very exciting time as lots of cheap stocks available. Some house in US is selling for USD1,000 each and you can buy 1 chicken for HKD1.
Happy New Year, sifu Sam!
sam,
time to post new stuff. nothing to read liao.. haha.
2 Waih Ming... Based on current mkt sentiment n d worst is not over yet factor,at this price of 4.40+- ( it bounced back from 3.50) , u hv to take some opportunity loss , but if dont mind about it..well.. top Glove is definitely worth 4 long term hold ^V^
Same old saying.. lot of stocks r worth 4 long term hold , d question now is .. d chances 4 them to come down is much higher than go up from now till June 09 , opportunity cost arises here ^V^..if u guys dont mind about it..well..u can jump in n buy in stages ^V^
4 me, i am still waiting 4 d slump ^V^
2 Jason.. good ! trust me..d more charity u do d better 4 u n yr next generation.
2 WS , new posting ? ha ha..i will.. fyi, I will not simply come out any buy call just 4 d sake of stock calling, like what d great warrent said" when there is nothing to do, do nothing ^V^
Yah..one more thing ,pls dont put my name together with my idol warren buffet, i feel ashame for comparing me with him, i am not even 1/1000 of him ..really ! I am d lousiest among d FA bloggers , but proud to say i am definitely a genius if u put me 2gether with those TA buggers ! sorry 4 being so cocky , cant help it cos i am telling d truth ^V^
About feng shui , if u said it is baseless , well.. simple ! go n whack yr ancestor 's grave n let see what will happen 2 u after that !? alternatively , u can also relocate yr ancestor 's grave ^V^
I said it many times liaoo.. if u think Feng shui is senseless perhaps u need to explain to me y bible said Jesus came alive after death , is it not senseless also ? think a little ..ok ?
first,
FA vs TA;
then FKLI vs FKLI;
now Feng Shui vs Jesus.
wah lau weh....
Cool bro... no Feng shui vs Jesus !
My statement is direct 2 those Chrisitian / catholic/ buddhist / Muslim who think that feng shui is senseless ^V^
Cool bro..read my statement
carefully ^V^
I believe in Jesus, buddha n Allah.. same goes to Feng Shui, dont u think it is ridiculous if one believe in his god but not feng shui ?
Y they said FS is senseless ? cos it is not scientifically proven , well..yes u r right , then tell me if Jesus came alive after death , reincarnation n landed in heaven , r all these scientifically proven already ? if no , then what is d right 4 u 2 lough at those feng shui followers ?
bukan ?
Well said sam,
It's all a matter of faith - to each to his own..
Anyways Wishing you and family plus all here a great new year!
Cheers
MR
Hmm... perhaps my previous comment did not go through. Let me try again.
Sam,
OKla, my FKLI win is no big deal. But you cannot take away all the credits mah by saying I havent show you anything at all.
Furthermore, my comments on KNM, YTLPwr-WB and Sime - you also did not disagree.
Plus, you have not answer my question - what are the fair values for the stocks mentioned above?
And I dont think you commented on the next move for GPacket yet.
Dear Eric,
I dont get anything from posting. Bank account didnt grow. Time spent got la. Plus later if emotions get into play - ie vanity, ego and pride, then it will be detrimental to the health of my trading. Then habix loh.
Dear mindstorm,
WELL SAID! Couldnt agree more.
Dear Super Saiyan,
Which TA blogger said to long crude oil when it was falling? In fact, many FA reports came out to say oil is going to USD200 as I remember. And now many FA analysts say oil is going to USD20. Gee... very fast change. Of course, those FA fellas who came out with that report may have some hidden agenda.
Dear Sam
TA or FA ? Why Care?
Most important making money.
Think again.
no offense ya,
i'm not laughing at believes systems(believe systems are important to the human psyche even though if it is man created), but base on logic questions, there are many believes systems that are partly base on some truth and partly base on falsehood. Many infact are largely(not totally) based on falsehood for commercial purposes. I do think a lot, question a lot and test a lot too. I once believe in a God(deeply infact) and some other believe systems but no longer now after much seeking and understanding.
Sorri ya, din mean to touch such topics but was trying to touch on TA as a believe system itself. This is not a place to discuss other believe systems(unless sam himself wants to) but i'll be glad to discuss/debate via email/or another forum with anyone who is interested...not to belittle one another but to deepen/expand our understanding.
Yes, it is ridiculous if one believe in his god but not feng shui. That's why i believe in neither. But i think there is certain logical things in feng shui(but a lot of others stuff i think is false) and religion is important for ppl who needs it.
Citibank best investment in long term? All their asset r consist only of toilet paper where so many suckers believe it worth more than any world gold being held ! Look what happen to nation that love to print more toilet papers 4 everyday use !
2 gamelion, as long as citigroup still listed in nyse, i am confident u will get what u wanted in long term, if not bcos of this crisis, do u think we can buy it @ 3.00+ ??? think a little ^V^ Lehman bro is a very good lesson 2 US gov liaoo.. i doubt they dare 2 ignore citigroup ! know how many banks, broking hses will collapse if citigroup gone with d wind ?
2 Max , 4 ytlpwwb 's fair value, pls refer 2 my previous posting, damn sian 2 repeat it again ^V^
As 4 Sime , est EPS around 55cts , 55cts x PE 15= 8.25 , no need 2 be so greedy lah , 6.50 to 7.00 oledi enuf liaoo. ^V^
As 4 KNM, I said it is 50/50 , if she can overcome its gearing n cash flow problem , its FV= EPS 10cts x 15 = 1.50 , if she cant.. then <20cts is highly possible , if u guys willing 2 take d risk..go ahead ^V^ I wanna 2 play safe.. few lots 4 swing trade is ok..sailang all on her = NO WAY !
Ma x, u called to short FKLI is based on mkt sentiment n also d weak fundamental of world economy , u did not show us yr TA method y u short FKLI ! bukan ? so how now ? any new contract ? short or long ?
Talk about crude oil USD200 ! excuse me.. it is TA ( chartist ) that said she is heading USD200 not FA ! pls get yr fact right ^V^ now they r talking about USD 20 ! u believe them ? I wont ! my estimation is ard USD30+.. it is highly to bounce back 2 USD 55 to 60 within 18 months , hence once she reachs USD60.00 , bluechip cpo stock like sime will definitely follow along d rise ^V^
2 LAM , TA or FA as long as u make money ? ... pls show me which TA bloggers made money so far ? as 4 FA bloggers , I can name a few now ..such as investsmart , bullbear n ssinvesting .. TA mana ? show me if u can ^V^
FYI, based on FA, Bullbear called to buy PBB @ 8.80.. based on TA Seng called 2 buy Citigroup @ USD8.50 n GS @ USD 85.00 , pls check yrself..as at yesterday close , who is better ? seng or bullbear ?
last day working before CNY!!
Happy Chinese New Year to you sam,
and all the sam gang.
lets have a truce here, and enjoy our holiday. "her qi shen chai" ^^
wish all the gang and sam get big "ang bao" from mr.market after CNY. lol
Can we have a short break, Sam?
Ladies and gentlemen, all FA n TA followers, Sam gang, Seng gang n Cap-Barang gang, let's turn your speaker full blast and tune in to this channel together...ha ha....let's sing out loud, ok?
http://www.youtube.com/watch?v=Cy1cE-LWyRg
我恭喜你發財 我恭喜你精采
最好的請過來 不好的請走開 禮多人不怪
.
.
.
我祝 大家笑口常開 用心把愛去灌溉 明天呀我們更厲害
Happy Chinese New Year, everyone !!!
Sam,
Happy CNY! and Maxforce, safe holidays to you too!
Sam bro, i am cool. usually when i put "wah lau weh" I am not too serious. ha ha, I am not serious all the time, you know? Besides, I know that you respect other religions because we have had this conversation before. Cheers!
Btw, there is an error on the title of your blog dated 15 January 09.
Dear SAM, Heng Tai and Heah Ti,
Gong Xi Fa Cai, Happy Chinese New Year. All the best.
Also to TA friends, gamble less during new year :).
Vince
dont believe in God? or fengshui? how about ghost or satan? there is always a greater force around us, it's a matter of u know it or not...trust TA? my goodness...good luck then..
btw, if u trust that satan exist...then God exist...i dont know why u would trust TA more..haha..come, join the pack to FA!
aiyoh thread too long dee..
Sam pls start another new one..
haha no ghost and no satan too.
The only greater force i and everyone knows are the natural ones. FA has been tested and the results show it is true, same goes for any other believes, test it and u will know. (Btw i don't trust TA either).
Happy Chinese New Year!
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