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Stocks Correction Mid September to Early October

is it a correction or bear bear come?

any sifu any advice?

thanks....





 

 

Wow maxcity, emm i thk better not talk abt those over rally. Very sensitive. Later, their guardian will come cross talk with us...hahaha.

Which counter, emm got a few.

Abterra is one of them. China FT, haven't realise its full potential. N i believe got somemore to go.

Btw got one china stock also not bad. But the FA is ok ok only. N til now its movement not much up. Still quite near its 52 weeks low.

Shall PM you which one. As it is not outstanding one thus does not intend to publish out. Btw, check on it n decide yrself

Cheers.

 

maxcty      ( Date: 31-Aug-2009 20:48) Posted: what counter are just awaken not long ago that you refer?? Penny that rally alot...i guess is mermaid right.....any others? dealer0168      ( Date: 31-Aug-2009 20:39) Posted: Quite agreed. Those penny that has rally alot, will slow down or even back track (if they over-rally). Those that just awaken not long ago, its time fr them to shine.

 

what counter are just awaken not long ago that you refer??

Penny that rally alot...i guess is mermaid right.....any others?

dealer0168      ( Date: 31-Aug-2009 20:39) Posted: Quite agreed. Those penny that has rally alot, will slow down or even back track (if they over-rally). Those that just awaken not long ago, its time fr them to shine.   smartrader      ( Date: 31-Aug-2009 20:25) Posted: Many good penny stocks have not even rallied (although those with good management team had rallied) .. many merely rebound technically from their lows... So take the opportunity to buy those good penny stocks with more upside  (but unlikely you can get them at previous lows).

 

Quite agreed. Those penny that has rally alot, will slow down or even back track (if they over-rally).

Those that just awaken not long ago, its time fr them to shine.

 

smartrader      ( Date: 31-Aug-2009 20:25) Posted: Many good penny stocks have not even rallied (although those with good management team had rallied) .. many merely rebound technically from their lows... So take the opportunity to buy those good penny stocks with more upside  (but unlikely you can get them at previous lows).

 

Many good penny stocks have not even rallied (although those with good management team had rallied) .. many merely rebound technically from their lows... So take the opportunity to buy those good penny stocks with more upside  (but unlikely you can get them at previous lows).

 

So wonderful your advice. I 'll act accordingly, releasing Blue-chips and accumulating several selective Penny stocks. Thank you.

AK_Francis      ( Date: 31-Aug-2009 00:16) Posted: Sifu, good advices, though AK dun really understand them all how they derived, but I presume u hv some basis to churn out the below, in red, d eyes catching stock trading statements. In a healthy correction. Most counters will experience a 5-30 % sell down, however there are still few counters will rise especially those penny stocks. At this instance the market are overbought,  the market is to far ahead of reality. So this Correction will most likely bring us back to reality or closer to reality.  Q3 results release during Oct/Nov are gonna be extremely critical. Ref to 534 below concern, I also presume u hv downloaded All your blues, as u dun want to keep them in Sep, u deemed as correction mth, except those u mentioned, dun know which penny, u still holding them to get further profit in Sep. Above AK rough guesses only lah, jangan tension. Nonetheless, US economy is still d driving force for d global market tracks, though China is its assistance to provide some steroid for the momentum of the global economy. Cheers.     risktaker      ( Date: 30-Aug-2009 20:42) Posted: In a healthy correction. Most counters will experience a 5-30 % sell down, however there are still few counters will rise especially those penny stocks. At this instance the market are overbought,  the market is to far ahead of reality. So this Correction will most likely bring us back to reality or closer to reality.  Q3 results release during Oct/Nov are gonna be extremely critical. Good luck guys.

 

thanks AK & risktaker for your precious advice... will keep eyes, ears open lor...very challenging task

AK_Francis      ( Date: 31-Aug-2009 00:16) Posted: Sifu, good advices, though AK dun really understand them all how they derived, but I presume u hv some basis to churn out the below, in red, d eyes catching stock trading statements. In a healthy correction. Most counters will experience a 5-30 % sell down, however there are still few counters will rise especially those penny stocks. At this instance the market are overbought,  the market is to far ahead of reality. So this Correction will most likely bring us back to reality or closer to reality.  Q3 results release during Oct/Nov are gonna be extremely critical. Ref to 534 below concern, I also presume u hv downloaded All your blues, as u dun want to keep them in Sep, u deemed as correction mth, except those u mentioned, dun know which penny, u still holding them to get further profit in Sep. Above AK rough guesses only lah, jangan tension. Nonetheless, US economy is still d driving force for d global market tracks, though China is its assistance to provide some steroid for the momentum of the global economy. Cheers.     risktaker      ( Date: 30-Aug-2009 20:42) Posted: In a healthy correction. Most counters will experience a 5-30 % sell down, however there are still few counters will rise especially those penny stocks. At this instance the market are overbought,  the market is to far ahead of reality. So this Correction will most likely bring us back to reality or closer to reality.  Q3 results release during Oct/Nov are gonna be extremely critical. Good luck guys.

 

I quote "everyone is talking about a correction", i asked many many aunties uncles, they are still very scared of buying yet. They still keep asking me, "can buy Genting? Can buy Genting?"

When most of them say " I bought Genting, it will go to how much?", that would be my sell signal.

 

"We're up sharply from the lows, moving into the seasonally weak September through October period and everyone is talking about a correction," said Rick Campagna, chief investment officer at 300 North Capital. "And that's why it won't happen."

from cnn

 

Bro Leong, AK salutes. All your holdings r Component Stocks listed in SGX. Best, u diverisified your portfolios as well.

BTW, u hv relative working in d Exchange ah? Or u reference to some of the Emerging Trust Funds. Another way to steal kanghu fr others loh. Cheers.

cheongwee      ( Date: 31-Aug-2009 00:53) Posted: you are wise to hold blues...that is the way...gd luck. leong3k      ( Date: 31-Aug-2009 00:44) Posted: Since correction coming is that time for me to unload all the blue chip's like dbs , ocbc , starhub, genting sp , sph , wilmar , sembcomp marine , f&n, keppel corp , sgx  and capitaland. Need sifu advise...

 

and there are likelyhood that the rally may have slight correction of a few % and rally till end 1st quater 2010...if big bad news are delay..

 

you are wise to hold blues...that is the way...gd luck.

leong3k      ( Date: 31-Aug-2009 00:44) Posted: Since correction coming is that time for me to unload all the blue chip's like dbs , ocbc , starhub, genting sp , sph , wilmar , sembcomp marine , f&n, keppel corp , sgx  and capitaland. Need sifu advise...

 

Nobody know when will be the correction? so dont anyhow believe what u read!!!

to stay out , u risk missing big profit , if the so call big correction did not come, or ait did, but a small correction...

i suggest stay, but hold less conter so u can sell easily when the correction is real...sell on big bad news...the most a few % profit less..

to sell out and stay sideline , like some guy did, they are shouting sell...they sell too early...so miss big $$$...dont be cow to sell by anyone...

the better option is to stay nimble, sell on bad news cost you a few % of profit only...

to stay out totally will miss $$$...u regret hearing ppl say to sell..

i believe rally still got leg...correction only likely in late summer....

 

 

Since correction coming is that time for me to unload all the blue chip's like dbs , ocbc , starhub, genting sp , sph , wilmar , sembcomp marine , f&n, keppel corp , sgx  and capitaland. Need sifu advise...

 

Sifu, good advices, though AK dun really understand them all how they derived, but I presume u hv some basis to churn out the below, in red, d eyes catching stock trading statements.

In a healthy correction. Most counters will experience a 5-30 % sell down, however there are still few counters will rise especially those penny stocks. At this instance the market are overbought,  the market is to far ahead of reality. So this Correction will most likely bring us back to reality or closer to reality.  Q3 results release during Oct/Nov are gonna be extremely critical.

Ref to 534 below concern, I also presume u hv downloaded All your blues, as u dun want to keep them in Sep, u deemed as correction mth, except those u mentioned, dun know which penny, u still holding them to get further profit in Sep.

Above AK rough guesses only lah, jangan tension. Nonetheless, US economy is still d driving force for d global market tracks, though China is its assistance to provide some steroid for the momentum of the global economy. Cheers.

 

 

risktaker      ( Date: 30-Aug-2009 20:42) Posted: In a healthy correction. Most counters will experience a 5-30 % sell down, however there are still few counters will rise especially those penny stocks. At this instance the market are overbought,  the market is to far ahead of reality. So this Correction will most likely bring us back to reality or closer to reality.  Q3 results release during Oct/Nov are gonna be extremely critical. Good luck guys. 534hjb1      ( Date: 30-Aug-2009 20:19) Posted: Are you hinting that one should stop buying & off-load ALL COUNTERS?Pls advise...thanks!

 

In a healthy correction. Most counters will experience a 5-30 % sell down, however there are still few counters will rise especially those penny stocks. At this instance the market are overbought,  the market is to far ahead of reality. So this Correction will most likely bring us back to reality or closer to reality.  Q3 results release during Oct/Nov are gonna be extremely critical.

Good luck guys.

534hjb1      ( Date: 30-Aug-2009 20:19) Posted: Are you hinting that one should stop buying & off-load ALL COUNTERS?Pls advise...thanks!

 

Are you hinting that one should stop buying & off-load ALL COUNTERS?Pls advise...thanks!

 

以进为退，以退为进，斗转星移，天下第一。

 

Correction is on its way.

Good luck guys.  Oct will be good to enter.