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Thus, it is much wiser for one to be a long-term trader...
Rather than a long-term investor...
Take note of this posting for those still holding tightly and refuse to let go.......
idesa168 ( Date: 03-Sep-2008 22:58) Posted:
I will not hesitate to cut loss in this kinda mkt condition. To buy and hold will only seeing your investment eroding in value day after day. I will buy and hold in a bull run not a bear. I will not buy and hold and hope for a reversal sometime soon. I will buy only when I see a reversal!
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AK needs to reiterate again that u must be experienced and vigilent in order to get involved in stock trading. Basing on hear-say to trade, sure u will regret in return.
u ought to do your own homework before u decide to do any action. Basically, read more, think more and feel more are the basic fundamentals for traders loh.
I will not hesitate to cut loss in this kinda mkt condition. To buy and hold will only seeing your investment eroding in value day after day. I will buy and hold in a bull run not a bear. I will not buy and hold and hope for a reversal sometime soon. I will buy only when I see a reversal!
Livermore bro ,
You are right that we're on paper loss now. Any good stocks that you think is worth considering to invest in ?
In this kind of market play dividend? If your share price come down and loss is greater than your dividend, there is no meaning.
I hear this phrase too often " Buy and keep now" One of my friend said the same thing to me. The main idea is if you are at a loss, get back into profitability faster in the future. If your loss gets bigger and bigger and you still say," buy and keep", then when market recovers, others would be already making a profit OR clearing their loss faster, but you would still be in the process of recovering your loss...........
aircraft ( Date: 03-Sep-2008 21:08) Posted:
lookcc bro , Check with you , how do know the divvy payout amount for next year ? pls share , newbie here , thanks.
lookcc ( Date: 03-Sep-2008 21:01) Posted:
uncle, px u bght [avg $5.02] shows tt u r an astute investor...divvy p.a. [$0.60] works out to 12% of ur outlay [if u hold till jan next yr for divvy 40cts n july next yr for divvy 20cts], cheers.
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lookcc bro ,
Check with you , how do know the divvy payout amount for next year ? pls share , newbie here , thanks.
lookcc ( Date: 03-Sep-2008 21:01) Posted:
uncle, px u bght [avg $5.02] shows tt u r an astute investor...divvy p.a. [$0.60] works out to 12% of ur outlay [if u hold till jan next yr for divvy 40cts n july next yr for divvy 20cts], cheers.
AK_Francis ( Date: 03-Sep-2008 17:26) Posted:
Good game, got it at 1618hrs at $4.98. but actually it shed to 4.96. let it be loh.
Today, the BBs were terrible, they blocked 5.01 with 537 lots at 16.02 while EU market opened.
QB since am, 5.06; 5.07;5.04;4.98 n last 4.90 b4 preclosed. No deal on 4.90, BBs saw my Q got angry liao.
Look at SIA, BBs thumbed it down 10 bids(20cts) during preclosed. The moral of the story is that not nec CO down SIA will up. Not holding any, dumped earlier liao. But may consider to keep few in Jan 09, anticipating helfty div in Mar. |
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uncle, px u bght [avg $5.02] shows tt u r an astute investor...divvy p.a. [$0.60] works out to 12% of ur outlay [if u hold till jan next yr for divvy 40cts n july next yr for divvy 20cts], cheers.
AK_Francis ( Date: 03-Sep-2008 17:26) Posted:
Good game, got it at 1618hrs at $4.98. but actually it shed to 4.96. let it be loh.
Today, the BBs were terrible, they blocked 5.01 with 537 lots at 16.02 while EU market opened.
QB since am, 5.06; 5.07;5.04;4.98 n last 4.90 b4 preclosed. No deal on 4.90, BBs saw my Q got angry liao.
Look at SIA, BBs thumbed it down 10 bids(20cts) during preclosed. The moral of the story is that not nec CO down SIA will up. Not holding any, dumped earlier liao. But may consider to keep few in Jan 09, anticipating helfty div in Mar.
AK_Francis ( Date: 03-Sep-2008 12:40) Posted:
gut feeling, by adjustment phase, it may break the palm. ha ha still Q at 4.98. |
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One needs to understand what is happening in refinery industry world before thinking of buying.
Hmm .. I also plan to buy and keep.. have some lots at $6 ++
idesa168 ( Date: 03-Sep-2008 16:37) Posted:
Yah, that was the game plan. But I realised I became a punter now more than an investor. I was a real solid investor, hold and die no let go type, but the volatility made me a punter instead...sigh! I am a gambler liao, without knowing. But well, at least I realised it, not after fingers burnt...LOL. OK lah, win some, lose some. Will start investing again sometime later. Need reat to recuperate...hehehe. Actually me not much of damage as compared to those held on and no let go since $8.00 time. Cheers folks....WIN MORE ok! I am one down...sad! |
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In my opinion, I just have 3 words for this counter - do not buy
Good game, got it at 1618hrs at $4.98. but actually it shed to 4.96. let it be loh.
Today, the BBs were terrible, they blocked 5.01 with 537 lots at 16.02 while EU market opened.
QB since am, 5.06; 5.07;5.04;4.98 n last 4.90 b4 preclosed. No deal on 4.90, BBs saw my Q got angry liao.
Look at SIA, BBs thumbed it down 10 bids(20cts) during preclosed. The moral of the story is that not nec CO down SIA will up. Not holding any, dumped earlier liao. But may consider to keep few in Jan 09, anticipating helfty div in Mar.
AK_Francis ( Date: 03-Sep-2008 12:40) Posted:
gut feeling, by adjustment phase, it may break the palm. ha ha still Q at 4.98. |
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Yah, that was the game plan. But I realised I became a punter now more than an investor. I was a real solid investor, hold and die no let go type, but the volatility made me a punter instead...sigh! I am a gambler liao, without knowing. But well, at least I realised it, not after fingers burnt...LOL. OK lah, win some, lose some. Will start investing again sometime later. Need reat to recuperate...hehehe. Actually me not much of damage as compared to those held on and no let go since $8.00 time. Cheers folks....WIN MORE ok! I am one down...sad!
Err.. 168 , thought it's good what , buy low and hold. Thought that's your plan ?
LOL....I out $4.96 bcos I can't take the heat. Now it rebound back to $5.00. I think it must be me who brought the bad luck to you guys, sorry man! So to save all of you, I out is also good...LOL! Cheers, good luck!
wah...beri bad! broke $5.00. I out liao, cannot take the heat! 3 days straight blackeye! Good luck folks!
drop like crazy now, got 1 more lot at $5.00
I just feel that SPC is now very interesting...50¢ drop in 3 days, that's about 10% drop. If the BBs is to press the price down so hard, it might just bounce back hard when they buy back. It's like a spring pressed hard when release...my view oni!.....just vested this morning, small small oni!
Hi guys,
Personally, I feel that crude oil has already shown signs of trend reversal.
It seems to show clearer signs of a downtrend now, at least for the near term.
Given the weak global economic outlook, I don't think there will be a surge in oil demand.
However, there might be some unexpected disruptions in supply.
Any comments?
I am sure it will bounce back sometime. When the BBs sell, they must buy also. Just dun know when they will buy back! Just invest within your means, should be able to sleep well!