
Dear Forumer,
Under such sudden,drastic and urgent situation ... I have let this 2 forumer to SKIP THE QUEUE .. apologize for those who have ask me question much earlier and I have not reply to you ... hope your don't mind ! After all, we need to be very flexible in this stock market game ... just like in the battle field fighting .. move and act accordingly as and when neccessary ! Then winning will be on our side !
Currently, the Dow, Nasdaq and Hang Seng are still on very WEAK GROUND ... still on the down sliding mode ... and fear factors still rules .... this will in turns affect all other indices and stocks around the world ...as such, it is advisable to temporary EXIT the market first ... till the dust settle down ... then we may then enter again !
Forumer Maxtwl --> In stock market, sometimes we win ... sometimes we lost ...never mind about that ! Your Fabchem is temporary loosing steam ... from $0.56 to current $0.505 ( dropped 10% ) ... it is actually quite stabilized already and infact going to up swing soon ... but due to this "Sudden Shanghai Waves" distrupted the whole up process ...! As a wise hunter, we will always access the situation as move according to real time situation... ! To paly safe, under such unstable and turbulence period ... I would suggest you to temporary EXIT the market first ... observe for the dust to settle ...wait for the next further low to go in again ... if you do your calculation ... wait after it dropped further and then you go in again ... the gain will still be more than what you lost previously .... so not to worry too much now...! Just exit first !
Forumer Yammay74 --> Due to the recent sudden stock market correction ... Jiu Tian currently is still on slidding ground ... and expected to go down further ... as such ... temporary exit the market first ... the house is CONFIRMED to be on fire ... just get out of the house first .. then think of what to do next ... when you exit now ... your cash will be with you ...fully preserved ... hold it first ... when the time is ripe again ... then we can go in for bargain hunting again ! Your future profit will be more as compared to what you hold back now !
Regards,
Simon Loh
Dear Simon Loh,
I still have jiutian at $2.25. Really worried that its price will dip further. How? wHAT would you suggest that i do?
Thank you.
Yammay
Hi Simon,
Good Day to you too!
You mentioned that now is not a good time to enter. Exit the Market!
I am still holding fabchem 4 lot at 0.56.
Shld I sell and exit or just wait. Thanks.
Hi Guys,
Good Day to all ... !
My computer have some minor problem on the internet ... I can't spend too much time here, I will keep my comment real short !
Forumer HuatChia --> you have a good point here !
Forumer iPunter --> very well said, you got most of the major ideas, practises and concepts correct ... indeed rather well trained and experience trader / investor, I give you 90% scored for that ... he he ...! ( Just one thing, I noticed you always have DOUBLE SENDING message, just wondering your computer have problem or you you extra click the mouse ... ha ha ... ).
Forumer tecky25 --> Yes ... now is not the time to enter ... EXIT THE MARKET ... take a rest and go holiday ... ! Even next week is still NOT the time to go in yet ! I still have not done a full and complete report / study of it yet ... I just roughly scan and look through ... according to the past many cases ... it seems to tell me an ave of 6 weeks ( 1.5 mths ) before the full and complete dust to settle down... I need to confirm this finding again !
Forumer Ed8ks --> ( yours most critical and important and I got most to say, hence I reply last ... he he ). It's still too early to go in now ... DO NOT be too hasty to enter or fish ... patience pays off ...! The full explaination is too long ... I will make it short & simple. Bear market or correction comes in WAVES, it can range from a min of 2 to 5 waves or even more ... , we are now just end of 1st wave ... still should have more waves to come ... ! Just watch out ! What you see the "green" is the DECIEVING EFFECT of end of 1st waves ... just as you are not aware and ready ... wave 2 hits you again ... after that ... green again ... then waves 3 begins ... you must know when is all these waves going to finish or complete ... now definately not finish yet !
The whole theory works something like the "Killer Surnami Waves" ...it has a few waves ... not just one ... because of the "Waves Ripple Effect Mechanism" ... it will have 2nd or 3rd waves comming on its way without you knowing it ... by then you see it ... it's too late to run ... In the stock market, it's also the same concept ... bottom line ... to understand all ... first you have to fullly understand how the Waves Internal Mechaism Works before you can effectively launch a counter attack against them ! Just wait & be patience ... it pays off ... Good Luck !
Regards
Simon Loh
Hi Simon,
What is the strategy to play on next week. Take a rest and go holiday? How long the correction will last?
BR
tc, your friend
Singapore Strategy - The world wakes up to a valuation scare
Singapore's economic fundamentals are sound, job creation is strong and corporate earnings have been decent. Everything is fine. The only exception is that the world has suddenly woken up to the recognition that the Shanghai A-share has doubled in seven months and is now trading at 30x forward P/Es. We think that the A-share could get worse before it steadies itself. We expect the flow through negative sentiment to knock the STI back for a while. Essentially, we are not concerned on fundamentals but see this as a long-needed valuation temperature check. Reviewing Singapore stocks, we are cautious on highly priced China stocks and Singapore property stocks. As shown in recent day's market reactions, priced to perfection also means large downside risks should the world wake up one day feeling less than perfect.
(To make money, one has to start a business and work hard).
So if we treat the stock market as a game, we need to know from the beginning that is not just about prices. It is about everything... but most of all, it is about psychology.
Many think that to benefit, one must read about prices, buy recommendations, speculations, etc.
But in reality, one can benefit most by postings relating more to the psychological and human aspects. This aspect is usually ignored.
Singaporegal...
As a pure technician (chart-reading), I won't be one who likes to 'own' any company... :).
When I enter a stock, I am ready to get out at a moment's notice, ie when the technicals show I am so wrong about it. And I am wrong so many times!.
To me, any stock is game as long as the charts show good promise of it's probabilty of rising. But as soon as the chart proves that I am wrong, I get out very quickly.
So you see, when I am wrong, I don't hold and hope for the price to rise... Hope you won't disagree with me about this, since I can see you started with TA... :)
As a pure technician (chart-reading), I won't be one who likes to 'own' any company... :).
When I enter a stock, I am ready to get out at a moemnt's notice, ie when the technicals show I am so wrong about it. And I am wrong so many times!.
To me, any stock is game as long as the charts show good promise of it's probabilty of rising. But as soon as the chart proves that I am wrong, I very quickly.
So you see, when I am wrong, I don't hold and hope for the price to rise... Hope you won't disagree with me about this, since I can see started with TA... :)
market in asia is almost all green now!!!! hopet he correction is over and let all make more big money... remember YEAR OF THE GREEDY PIG..... HAHA
ya. i come to this forum ev day to read and learn from the experienced pp here whether FA or TA. Think most of the pp here r very generous in dispensing of advice and views. we r all individual investors and here to help rally round for making $ as we cant fight against the BB.
So, ev one is entitled to their views and hence perhaps if view strongly against TA or FA views for that counter, to create another thread. Just my humble opinion.
What kind of business do you own?
"... [5) A quote from Oscar Wilde - "People know the price of everything, but the value of nothing". I believe this statement applies to people who study charts and choose to ignore that a share actually means part-ownership of a company.] "
-by musicwhiz5 in a previous post
I fully agree with that quote by Oscar Wilde (by the way I know absolutely nothing about Oscar Wilde)... but I don't know what point he's making.
Being a proud so-called 'part-owner' of a company does give one a sense of belonging, pride and comfort(?).
I am sure everyone invests in the stock market for one sole reason and that is, quite obviously, with the hope that the price will be higher than our purchase price. So assuming this is the sole reason, which in my opinion, must be, then other reasons must be secondary or even unimportant. The latter includes "love" for a company's solid value fundamentals, the greatness of it's existence, etc.
So, if one is really, really just concerned about it's price performance, then price, not 'value', perceived or otherwise, becomes the sole reason for one's involvement with any stock. So how can one ignore the price?
Even 'value investors' will not hesitate to admit that a stock has not value if it's price is much, much lower than the price one has paid.
This of course applies only to stocks ( as opposed to things which have true sentimental value, for example).
"... [5) A quote from Oscar Wilde - "People know the price of everything, but the value of nothing". I believe this statement applies to people who study charts and choose to ignore that a share actually means part-ownership of a company.] "
-by musicwhiz5 in a previous post
I fully agree with that quote by Oscar Wilde (by the way I know absolutely noting Oscar Wilde)... but I don't know what point he's making.
Being a proud so-called 'part-owner' of a company does give one a sense of belonging, pride and comfort(?).
I am sure everyone invests in the stock market for one sole reason and that is, quite obviously, with the hope that the price will be higher than our purchase price. So assuming this is the sole reason, which in my opinion, must be, then other reasons must be secondary or even unimportant. The latter includes "love" for a company's solid value fundamentals, the greatness of it's existence, etc.
So, if one is really, really just concerned about it's price performance, then price, not 'value', perceived or otherwise, becomes the sole reason for one's involvement with any stock. So how can one ignore to price?
Even 'value investors' will not hesitate to admit that a stock has not value if it's price is much, much lower than the price one has paid.
This of course applies only to stocks ( as opposed to things which have sentimental value, for example).
Dear Simonloh,
I have followed your good advice and started my own thread on value investing principles. Please do drop by when you are free to comment.
Thanks and have a great day !
Come on guy n gls, pls dont so heated up in here, every body have their own research or any TA points of view, it is up to u to trust or not.
All of us here is try to help each other n make $$$$.
No point say u r good, he is bad.
Lets us be harmony n look to our future n gain $$$$$ OK.
This is how Singaporean can survive.
Hey both....
Dun get so heated up inside here ya. To each he trade his own. and also to each he holds his own opinion. :) No point lambasting each other ... Just my own tots. I guess both of you mean well , but just be more tactful.