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64981-65000 of 69565
is a 3400 cw. sub 30c warrents. anyway. sti ending is not pretty.
Here is one aspect which Professor Chan Yan Chong and Warren Buffet share.
One of Buffet's famous quotes :"You do not need to understand every listed firm. All you need is to concentrate on a few good stocks."
A small part from Professor Chan's book, 7 Pillars of Wisdom in Stock Investing :
"Attempts to understand every stock recommended by investment experts reflect a mistake notion. Doing so is not necessary and a waste of time. Invest the bulk of your funds in the few stocks you are familiar with. Research directions the related companies are taking and monitor their movement on a long term basis to decide whether if it is necessary to change your investment strategy. This is worth your effort more than paying attention to other companies in a bid to understand them all."
Thus focus your attention on a few stocks and acquire in depth knowledge of them
Professor Chan also gives his insight on technical analysis.He advocates the Dow Theory, Moving Averages and RSI. Here is what he has to say on some technical analysis,"Some of the more complex formulas and techniques can only be described as the mother of all rubbish. If you believe in them, you may end up with heavy financial losses."
Thanks Elfin, after yr msg not to touch, queue at 3.18, did not get it. Only 3 lots (somebody's) done at 3.18.
relax. all part of the game. market has to give up its recent gains first. cashiertan, which warrants are you in? mine aren't moving leh. *puzzled*
Tml most likely will be another bad day for STI, as tonight 90% of chance for DOW to trade lower
bad bad. sold with some lost, heng small trade.
enter a small trade to buy call warrents. was lucky to escape with small kopi $ yesterday as noble climb tank for me quite well. others losing. heng
caveat emptor: latin phrase meaning 'let the buyer beware'. ie, what i'm offering is my personal opinion, based on my tech reading of charts. i am not always right; so whoever follows havta take responsibility for their own trading decisions yea.
dow futures down. yl can still go down a bit more. wait and see. cosco going down too. actually, everything is. the calls are steady tho. 3450 = sti crucial support. watch and see. ok gotta get back to work. bad elf. >~<
hey elfinchilde, what do u mean by caveat emptor? pls adv..thanks !
hey sporeguy, don't touch yanlord yet. still tanking. fyi caveat emptor.
Wah.. So fast so furious..
Sit tight, watch your screen..
one short sentence to describe current situations: DOW's yesterday closing is "hanging by (a) thread"
Morgan Stanley "resident bull Mr. Berner "issues full recession alert till end 2008.
The dogged bull
Despite the day-to-day turmoil, the stock market damage has been limited, with the Dow and S&P 500 clinging to levels not far from record highs.
(Click here to read full story)...
Hmm.. wondering how will STI perform today..
The previous 'I love you, you love me' rattling session end up with 'I hate you, you hate me' moment.
so fast toking abt making money when dow is doing its 300+ points dip again today?
lol. sama sama. follow the wind.
Elfin... :)
My opinions are no good at all, since I am myself ever ready, at just a moment's notice, to disagree with my own opinion... hehehe...
heya sporeguy, no set target for yanlord. am more precisely waiting for williams to finish tanking, and for the busd to show large buy ups. they're currently still distributing leh. gotta be fast to catch this baby tho. ran it previous week in a two day trade from 3.3 to 3.54 (only to see the bleeping thing shoot up the next 15 min to 3.74. (&^!@#&*^@).
wait for vol to increase to >4 mil in a day, and williams to hit at least -80 turning up. lesser risk. its a volatile counter but more steady/predictable than yzj.
anw, the max range for yanlord is ~3.08 to 4.3.
caveat emptor ah.