tag:blogger.com,1999:blog-7944902213075756335.post2684957953785703764..comments2024-03-28T23:00:40.055+08:00Comments on A Singaporean Stocks Investor (ASSI): What are investors to do in a downtrend?AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-7944902213075756335.post-51547079644415577532010-10-10T21:01:12.180+08:002010-10-10T21:01:12.180+08:00Hi Hyruga,
China Hongxing was purely a trade for ...Hi Hyruga,<br /><br />China Hongxing was purely a trade for me. No intention of holding.<br /><br />As for CMA, its fundamentals are sound. Technically, it looks like it has bottomed. Should be safe to hold. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-76659319597518391922010-10-10T20:23:52.158+08:002010-10-10T20:23:52.158+08:00China HX has reborn. And so has Capitamalls Asia. ...China HX has reborn. And so has Capitamalls Asia. True is if you like the company's fundamentals. Its in net cash position, you should probably hold on to it.Empowered Lifehttps://www.blogger.com/profile/16449511833088693288noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-27232924562078902452010-05-10T23:36:16.656+08:002010-05-10T23:36:16.656+08:00Hi Charlesming,
China Hongxing was cut once the r...Hi Charlesming,<br /><br />China Hongxing was cut once the reversal failed. Pure TA, that one. Lost a few k but a trade is a trade unlike my investments. ;)<br /><br />You praise me too much, bro. Haha.. I feel the pressure now. Haha... I always have a big picture in my mind and I just plan accordingly. TA is definitely a very helpful tool when it comes to the execution. No arguments there. As AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-30706927077251505992010-05-10T19:29:03.439+08:002010-05-10T19:29:03.439+08:00AK - yeh like i said u did hongx as a trade, and h...AK - yeh like i said u did hongx as a trade, and hence u cut (i hope u did?). I am very proud of u. No TA turn FA. I have always been a distant (and near) admirer of your techniques and guts. A true veteran, knows what he is doing, and what he needs to do, and does it. It is fine that trading is not your cup, the point is you tried it ,so you know. AND.. you can cut. This is something I do not Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-29371872469706989882010-05-09T22:29:00.873+08:002010-05-09T22:29:00.873+08:00Hi ezinvest,
I guess you are looking for safety i...Hi ezinvest,<br /><br />I guess you are looking for safety in confirmation of a reversal. :)<br /><br />Of course, there would be a whole host of signs to look out for. A higher low is one of them.<br /><br />In addition, we want to see volume expanding as price moves up as well to ensure sustainability. We want to see MFI forming higher lows too. OBV should turn up. Well, the usual technicals. AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-76448726246224074062010-05-09T22:19:29.734+08:002010-05-09T22:19:29.734+08:00Hi Drizzt,
Well, there is only so much TA can sho...Hi Drizzt,<br /><br />Well, there is only so much TA can show us. After all, it is just a tool. The rest is up to us. :)<br /><br />If Starhub goes under $2.00 and displays signs of bottoming, I might buy some. Would be the first time I am buying shares of this company then. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-79401469336645635742010-05-09T21:19:02.492+08:002010-05-09T21:19:02.492+08:00how about using gmma to time entry instead? rather...how about using gmma to time entry instead? rather than buying at the very bottom, try buying it when a) bounce and come back to same support or b) at a higher low.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-75523183082055301992010-05-09T21:00:43.715+08:002010-05-09T21:00:43.715+08:00the problem is that if its based on TA every damn ...the problem is that if its based on TA every damn shit is starting to turn below the 200day ma. to minimise drawdowns we should be clearing all our positions lol.<br /><br />a look at starhub shows that the sweet spot is below 2.14 but when its below there a safe place to look for support is at 1.90 which is a long term support.Kyithhttps://www.blogger.com/profile/07617228143744544821noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-56649980068570082772010-05-09T19:06:47.382+08:002010-05-09T19:06:47.382+08:00Hi Raelynn,
Before I picked up TA, I used to do t...Hi Raelynn,<br /><br />Before I picked up TA, I used to do the same thing when markets went down. If only I had known how to cut my losses in the initial stages, I could have preserved capital and bottom fished. Having said this, I am still a student of TA and very experimental. So, I could be wrong. ;)<br /><br />As for how prices don't drop a lot or quickly, it might just be that the AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-32073844513077122362010-05-09T18:09:39.943+08:002010-05-09T18:09:39.943+08:00I agree with royston, when there's a downtrend...I agree with royston, when there's a downtrend, i look at the stocks that i am keen on buying and those that i have. <br /><br />if the prices dont drop a lot and very quickly, i might consider buying even if it's more than my purchase price (because it shows some form of resillience??). for those who take a big dip (usually the ones that i am keen on buying i noticed o.o) , i tend to Raelynnnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-58607532708185888772010-05-09T13:51:07.424+08:002010-05-09T13:51:07.424+08:00Hi Dou,
Yes, I am primarily an investor. If the F...Hi Dou,<br /><br />Yes, I am primarily an investor. If the FA is good, I use TA to make decisions on entry prices.<br /><br />I dabbled a bit in trading based purely on TA as well from time to time. Not really my cuppa tea. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-4227985828856227822010-05-09T13:43:37.575+08:002010-05-09T13:43:37.575+08:00lol AK71 i know u would say average down is good.
...lol AK71 i know u would say average down is good.<br /><br />In fact Warren buffet average down as well. If he is very sure of the fundamental of the company and thus believe the market has yet to see its potential, he would buy more since "cheaper".<br /><br />"When you buy stock, think of its that the next time the market opens, it is 5 years later" -- Warren Buffet<br /><brDouhttps://www.blogger.com/profile/10694404984460035958noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-11751062650543527542010-05-09T09:20:11.112+08:002010-05-09T09:20:11.112+08:00Hi Drizzt,
I have been paying some attention to S...Hi Drizzt,<br /><br />I have been paying some attention to Starhub since chatting with JW, the blogmaster of Wealth Buch. I also read your FA on the recent developments at Starhub. The charts are reflecting the concerns, for sure. <br /><br />There are many who are still interested in loading up on Starhub, confident that the management will overcome difficulties. This is where, I suppose, TA AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-69144416747375989782010-05-09T08:18:57.632+08:002010-05-09T08:18:57.632+08:00sounds like what to do with my starhub.sounds like what to do with my starhub.Kyithhttps://www.blogger.com/profile/07617228143744544821noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-89997251824667169102010-05-09T01:29:19.950+08:002010-05-09T01:29:19.950+08:00Hi Dou,
Yes, throwing good money after the bad is...Hi Dou,<br /><br />Yes, throwing good money after the bad is not a very good idea. ;)<br /><br />However, in situations where the stock has clearly found a base and the technicals are turning up, buying more then to average down is not a bad move. Of course, always hedge and don't throw everything including the kitchen sink.<br /><br />I am not sure that all index stocks would track the STI. AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-7283236754701980892010-05-09T01:05:14.925+08:002010-05-09T01:05:14.925+08:00For me..average down is a NO NO for me.
If i alre...For me..average down is a NO NO for me.<br /><br />If i already made a mistake to buy a stock that goes down, i am not going to send in more money to burn.<br /><br />At most, i dun sell at all. Capitamall asia is a index stocks so not to worry, once index swings up...it is gradually follow.<br /><br />All the best!! heheDouhttps://www.blogger.com/profile/10694404984460035958noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-1595492328542060682010-05-08T00:00:15.670+08:002010-05-08T00:00:15.670+08:00Hi Charlesming,
To anyone reading this reply, Cha...Hi Charlesming,<br /><br />To anyone reading this reply, Charlesming is the blogmaster of "Time to Huat" and the guy who introduced me to TA some two years ago, if I remember correctly. Time flies. He is a deep thinker when it comes to TA. :)<br /><br />Bro, China Hongxing was meant to be a trade and was 100%TA. I cut it with a 10% loss when it did not deliver. No TA turned FA here. AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-90143275348515698132010-05-07T23:37:55.726+08:002010-05-07T23:37:55.726+08:00LOL. Bro. There are many reasons why people short....LOL. Bro. There are many reasons why people short. Someone we know came up with a truly unique reason. Back in 2008 he shorted based on FA. Do u remember?<br /><br />There are some who do not like to reduce positions. They will short as a hedge. <br /><br />Retail longs and shorts will rarely make much of a difference. It is the BBs that do a lot of it and they may have to, to hedge their own Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-48981244908163031752010-05-06T23:22:42.524+08:002010-05-06T23:22:42.524+08:00Hi Hubert,
I remember you mentioning in LP's ...Hi Hubert,<br /><br />I remember you mentioning in LP's cbox that CMA at $2 would be a good buy. I replied that $1.40 would be a good buy and you asked why. I replied that it's because you don't like to buy at a premium to NAV and that's CMA's NAV. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-59979219055830110542010-05-06T23:16:45.225+08:002010-05-06T23:16:45.225+08:00I would consider getting CMA if it drops to 1.50-1...I would consider getting CMA if it drops to 1.50-1.60. That is my target price within the next 12 months.https://www.blogger.com/profile/09976167950354899325noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-49428402456979746512010-05-06T22:59:44.289+08:002010-05-06T22:59:44.289+08:00Hi Royston,
Your simple approach is appealing. Th...Hi Royston,<br /><br />Your simple approach is appealing. That was what I used to do. Should I do the same thing again? That's a million dollar question. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-22173438470718157862010-05-06T22:50:18.291+08:002010-05-06T22:50:18.291+08:00For me, there's only 2 things i may do in a do...For me, there's only 2 things i may do in a downtrend. <br /><br />1. Nothing.<br />2. Buy more.Roystonhttps://www.blogger.com/profile/17883963186215315521noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-18701570168429913252010-05-06T22:19:30.664+08:002010-05-06T22:19:30.664+08:00Hi Dou,
Yes, CapitaMalls Asia's chart is defi...Hi Dou,<br /><br />Yes, CapitaMalls Asia's chart is definitely bearish. Cutting loss is never fun but it is probably the pragmatic thing to do.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-21746736214093293042010-05-06T21:01:31.185+08:002010-05-06T21:01:31.185+08:00Like what i mention in my blog, i Never like Capit...Like what i mention in my blog, i Never like CapitaMalls Asia. Every time i see the chart, i almost faint just like when i see Yanlord.<br /><br />Good luck!! :PDouhttps://www.blogger.com/profile/10694404984460035958noreply@blogger.com