jackjames,

See lah that time(sph at $3.14 at that time, u posted in a snobbish & rude  manner by mocking others if don't buy now at $3.13-3.15, later on don't cry father, cry mother when sph surge to $3.80), I said you are wrong to post in a snobbish manner by mocking others, I said one ought to post/shout buy calls politely.

Do you see the price today? It's $2.71! Down a whopping 43 cents from yr time of post($3.14).!

Anyway, I sold all at $3.13 instead & shifted to other blue chips then 

I was looking at shareinvestor as I'm quite interested in the distribution volume chart. Apparently, I think they are the only one who has it.

Blogging at moneytalk.sg on the stock market, ETF and anything to do with money. 

personally, i am using POEMS account..

but this chart is from shareinvestor account, that you need to pay $$$ per month, using my colleague account to do "further analysis" if needed... only on some counters that I vested in.

learnt sth ? wow.. i don't know what i can give .. hee..

anyway, don't say i don't know TA, ha ha... here is the graph, an ang pow for SPH beloved..... heee..

i did it last time while i bought it at $3.12 ...

by looking at the Times and Sales today, it is not happening yet today, but last few days, yes... >100 lots sell down are pretty strong.. what I could think of is... SPH did not correct so much as compared to others, so, if funds want to liquidate their equity and get some cash, i think SPH is a good target for them to throw.. anyway, the price now almost back to 1999..

Hahaha... :)


Things would be easy if one can tell what is 'low' and what is 'high'...
Or where is the 'bottom' or where is the 'top'... 

No matter what strategy is used to tackle the market, the hard reality is this:-
No one can tell at what stage the market (or economy) is at any moment in time  !

The TA charts are only a map of what has already happened.
No one can tell it's next move until its next move has happened ie. only after the event!

yeah, i do think those "many investor" are stupid to waste money and time to go and learn TA or charting..

of course, i know some basic TA analysis, but to that extent that everyday point 2 points, draw a line, see the pattern, come on, get a life la.. you think this line can tell you when is the subprime and when is the next SARS outbreak? be realistic , TA is not everything..

do you think Temasek and GIC has no one understand what is TA ? you must be kidding..

bh704428, I am not saying you, my message is to those who always think they are TA experts and what conduct courses, tell you how to earn 1 million in few months, option trading, what forex trading, blar blar blar... sorry hoh... i rather just put money into counters that i know well, and that's it man... when discount comes, my account got free cash, just buy more... everything single days glue your eyeballs to the TA chart, d*u.. life sucks man.

Your reply brings a lot of issues to my mind. Perhaps I didn't make myself clear. It is true that all investors hope to buy shares that are near its bottom but I believe only a minority of investors can overcome their fear of buying given the pessimism about the economy which surrounds them.

The reason why I said it is a fantastic buy is because SPH is both fundamentally sound and undervalued at its current price. One cannot do without the other. If a company is fundamentally weak but undervalued, one is just buying into a company that will sink soon. On the other hand, if a company is fundamentally sound but overvalued i.e. too expensive, the stock of the company will have limited upside.

Timing is definitely important but no one can time the market accurately. It's true indeed that it is a bad decision to buy a stock regardless of timing and just keep it for many years. It is better to buy a stock based on fundamentals and undervaluation and even better if you know when it will bottom. However, it often take a few years for the market to overvalue the stock thus that's why I said one should hold it for a few years for the price gain to the upside.

Blogging at moneytalk.sg on the stock market, ETF and anything to do with money. 

Currently, it is not so much of fundamental, but of confident...and market is lack of confident...cos the px get cheaper...so everybody waiting on the side, dare not buy, cos once bought it get cheaper the next day..so it is self feeding down spiral throughout.

But i think u be doing fine by buying in trenches..and of course no small cap..only blues count..in the worse case scenario, and the market only bottom in end 2010..alot of coy will go under...never buy penny at current situation...JMO..

You are wrong. All investors including both very rich or just working class , in their right mind will hope to buy shares that are near it's bottom(note I never say at it's bottom, I said near).

Very bad decision to just buy a stock regardless of it's timing & just keep it for many years. Or else, wat for many investors wanna waste money & time to go learn TA or charting?? Might as well just buy into any good counter regardless of timing & just keep it for many years.

I remembered I had 1 financial anaylst friend 2 yrs ago he also advised me to buy sph & uob to keep for long-term, he said won't go wrong. But at that time, sph $4plus & UOB abt $20, & you see their prices now. Luckily I ignored his advice back then

If you have the patience and the funds to hold it for a few years, it is not a issue if the price plunge. In fact, investors should be happier if the price plunges even more since it makes SPH even cheaper to own. Another thing is you should not put all your capital in at one shot. You should split your capital into different portions and use each portion to buy in as it gets cheaper since no one knows where the bottom is. Of course, it would help if you know some technical analysis as you can roughly gauge on the point of entry.

Blogging at moneytalk.sg on the stock market, ETF and anything to do with money.