Monday, July 06, 2015
SELLDOWN due to Greece
Global markets re-act negatively ... with the Greece "NO" vote. Dived ... gap-down ... selldown. Will discuss these tonight with my trading members.
Profit is difficult to come by ... matter of the losses? If KLCI down 3% and our portfolio down by 1%, do we still considered beating the market?
I have started to trade KLCI's index-linked counters ... remembered the M.A.T.I I shared? It stands for MISC, Axiata, Tenaga and IOICorp. All were profitable trades. So ... I started to focus in trading index-linked counters (oversold) ... for technical rebounds.
It is too high risk to trade penny-stocks. But, it is an opportunity for those risk-takers(with knowledge) to buy into oversold, go0d penny-stocks.
e-learning : Starting tmr night 9.30pm ... those wish to learn basic charting/technical analysis and trading through the comfort of your home(thru online la), do contact me at 012-821 0129 or add me at https://www.facebook.com/cp.teh.9 ... still have back-dated e-mail to reply (email@example.com) urgently.
HSI : Dived 1200plus points just now. great rebound play
HSI-cv : I grabbed 36.5 and 38cents ... just sold 39.5cents moment ago, for dinner.
Time to go ...