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Wednesday, August 31, 2016

Friendship day ...


9.45pm : Merdeka day ... tiring but fulfilling.

Gathering with old-KB classmates ... we knew each other since primary till form, at least.

Such a great day, I would say!! Hope we would gather more often.

When you are nearing your 50s ... friends becoming very significant. Those many I knew thru trading/investing ... most are not real friends. REAL friends are those who will stay with you, meet and share with you ... about LIFE. Without ulterior motives ...

So ... HEALTH is important ... family too as most of us still have schooling-kids. Few housewives and hubbies doing well ... few still working or running some biz ... as for me, I started VERY LATE (at age 40) and have to work doubly hard. I know I will retire soon ... and will ask them out more often ... to re=kindle the friendships. Thanks to internet and technology, we met after 30 plus years!!

Coffee-dinner dates with them will be great ... or games together, a trip to somewhere. That is what I would love to explore ... when I retired.

HEALTH ... FAMILY ... WEALTH ... FRIENDSHIP .. INTERESTS.

Things that meant a lot to many of us when we are retiring ... it would not be complete with any of them. We cant fully enjoy ourselves without the HEALTH ... and the financial freedom too. We needs love of our family, chatters with our friends ... and find interests to occupy our time.

I have so much of things I wanted to do ... after I retired from what I m currently doing --- living my lives to the fullest!!

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Helping to promote him

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Time to rest ...

Night

TEH

Tuesday, August 30, 2016

e-meeting : Hevea and such



Please join my meeting, Tuesday, 30 August, 2016 at 9:00 PM

https://global.gotomeeting.com/join/479425965

Meeting ID: 479-425-965

Not at your computer? Click the link to join this meeting from your iPhone®, iPad®, Android® or Windows Phone® device via the GoToMeeting app.

--------------------------------------------------------------------------------------

As Hevea dropped further, I will want to share my opinions on trading Hevea and such (FLBhd, Latitude, Evergreen ... )

If you are free tonight ... instead of writing about them in my blog, I give an e-meeting.

Click the link above .... and see you 9pm, online.

Note : Got anyone so hard-working to teach you to CUT LOSS or not ... haha ... I will talk about that for this coming months, years ... till CRASH.

TEH

Salam Hari Merdeka






1M1C group : 1 month, 1 charity

I joined the group few times ... and this is a good clip to show many what this group doing. We try to reach out for those needy ... and organised by 1M1C group, headed by Mr Chew. I m just a follower ... donate items and help around.

I will still prefer to DIY if I have the time ... if not, it is ok ... I could always join them!!

Note : Saw my picture 1:20 ... haha

TEH

A post for my aunt SK, re-visited

exactly 2 years ago ... I dedicated a post to my "mom". It is nice to re-read my writing ... I do not re-read my own posts except for 'personal' posts which I treasured deeply.

For new readers ... I have 4 moms. My maternal mom, my two aunties who brought me up and my mom-in-law.

http://cpteh.blogspot.my/2014/08/a-post-for-my-aunt-sk.html

Will grab some of her fav moon-cakes ... and pay her a visit this weekend.

Thanks moms.

TEH

Merdeka ...


MERDEKA ... MerDeKa ... Merdeka ...

KLCI up as DOW up 107 points. Merdeka!!


I no longer put up flags on my vehicles (bike and car) ... proudly. Don't ask me why ... sakit-hati. But I still love my country ... the best with the blend of Nasi Lemak, Roti-canai, cendol ... durian and char-keow-teow.



As for me, tmr would be another gathering with my old-classmates. We are all same age ... haha. That was our Std-3 photo ... most of us together from Std 3 to Form 3(and 5). I will be meeting about 8 of them tmr!! Yeah ..

As it rained in the morning ...and stopped now, I want to go out to have a walk in the park now, and hv classes later.

Hevea : I want to write about Hevea as it is breaking the critical support, which means ... a SELL, technically. I checked Hevea's post in i3 and got to know that there is a person exposing the manipulation of the counter ... a good one, indeed.  So, I will not touch to trade and asked my trading members to avoid/sell.

Time to go ... happy MERDEKA day.

TEH




Monday, August 29, 2016

Bloom on banking






BANKS ... it is a scam, of coz.




Central Banking CROOKS

My good-night clips ... which I enjoyed.

Night

TEH

Funiture stocks




KLCI daily chart ... supported by 20MA, see if rebound from here.


FLBhd : Closed at RM1.48 ... monitoring in daily basis. From the peak around RM3, now it is 50% discount ... so, I like those in sales. We go shopping during 50-70% discount period, right?


Evergreen : Dropping further ... to close at 80cents today. From RM1.60 plus, now we are 50% DOWN. So ... time to check on her for trading purposes.

Note : I have asked my whole trading group to EXIT the so-called furniture-export-oriented stocks last December ... as those are TOO HOT. I attended the RHB-market talk and they were promoting Evergreen ... so, after hearing those and EVERYONE is like ... talking about the darling-sector, that is mini-euphoria .... so SELL during euphoria. FLBhd, Hevea, Evergreen, PoHuat, Latitude, Signature ... add in the list.


Latitude : Highlighted the DEC 2014 period, it was trading around RM7.50 ... went higher after my SELL call ... to RM8 plus before started to change the trend ... wonder who were selling ... and trading at RM5 now.  Take RM8 divide 2 = RM4. OK ... wait for RM4 and I shall report again.

Which one still staying HIGH up there? Liihen ... Pohuat not bad too.


LiiHen .... yup, still strong uptrend ... for the time being. We shall watch for the reversal.

If we needs to buy to trade, buy the uptrend stocks.

TEH

Sleepy Monday

Morning ... Monday ... sleepy & hazy morning.


KLCI rebounded on Friday ... to wait for the correction to buy again. Do nothing ... for me.

Last night I had another similar e-meeting (FLbhd my focus) about CUT LOSS .... needed for O&G counters too.

I wanted to write about my meeting with my ex-Uni mates ... interesting to talk about the contrast of FA personality ... and another who is trading futures. I m middle ... I m both. haha.

But I m lazy to use my sleepy brain now. Wanting to go back to sleep ... zzz. ...

Yeah ... Monday blues to see other rivals won their games but Liverpool drew. Sigh.

KLCI green now ... 9.15am.

Ok ... will write later or tonight, then.

TEH




Sunday, August 28, 2016

e-meeting tonight : O&G and FLBHD


Sunday morning ... nice to bring family to park and play!!

I will be meeting 2 old UM coursemate(Math) ... didn't meet since graduated in 1990!! That is some 26yrs?? wow ... both of them in markets ... one (JC) is an experienced trader with his own trading-system (hope to listen and learn something new today) and another is (TK) new to KLSE (1.5yrs is newbie to me) ... and TK sent a 'comment' from forum (i3) regarding someone commented on my Perisai post. Haha ... I do not read forum and not interested to reply, either. TK is a from FA school ... he said.

Nope .... I do not have Perisai (don't assume leh, join my e-meeting for free ... come and talk in REAL with me rather than hiding in many nicks(fake) in forums.... haha) ... I m just stating how risky is to buy Perisai without cut-loss point!! It is meant for some who e-mail me and checking that they are stuck UP there ... can't help much as it might be too late to cut-loss? We buy with certain % of cut-loss (risk management). Learn that if wish to survive in market ... or else many stocks would not be able to recover to the so-called entry prices. I could name 50-100 stocks as they are in my mind (many in O&G ...) ... so, learn FA (fundamental analysis) to save ourselves from buying into 'lousy' goring-counters.

Here ... I m motivated to give another e-meeting, regarding FLBhd and learning to CUT LOSS. It is one of the most important pointer in my #1 CAPITAL PRESERVATION.

Please join my meeting, Sunday, 28 August, 2016 at 9:30 PM

https://global.gotomeeting.com/join/821765725

Meeting ID: 821-765-725

Not at your computer? Click the link to join this meeting from your iPhone®, iPad®, Android® or Windows Phone® device via the GoToMeeting app.

-----------------------------------------------------------------------------

So, what is today's topic?

There are many ways to profit in stock-markets ... there are as many, if not more, ways to lose in stock-markets too.

So ... one could be 'lucky' to punt and profited well during bull-market but to lose ALL(and more) during crash. Scary? Do you want me to show you the chart of O&G (particularly Perisai, Alam, THHeavy ...Sumatec!!) ... how many holding to paper-loss of cut-loss?

Someone posted in the watsapp group that his friend bought FLBhd around RM2.50 and cut-loss RM1.60 recently!! I m used to hear such situation ... pity, they will quit and some will continue to lose money ... no thanks to their EGO (not willing to learn) and many QUIETLY buy into some recommendation in forums(too bad ... GREED in them, want things free ... such as tips).

So ... we could be profiting for BULL market ... few years ... only to be wipe-out in one or two BAD trades and do not know how to exit.

I will want to show CRASH tonight using O&G (crude oil prices too). Use that as an example ... NO, not many will TELL US RETAILERS about sell for losses ... have you realise that? Wonder why? I can candidly tell you that tonight ... as TRUTH hurt. Cover it, denial will not help, either.

Help others to earn money? REALLLLLLYY?? Haha.


This is my desktop ... I will try to help those wish to be helped (many will NOT want others help due to EGO ... etc etc). Why is that so? Because ... when a person appreciate you (out of 10 that you helped), you will feel GREAT. I don't know how to explain ... while some appreciated us but do not say it out ... and few will 'suspect' cynically our actions (to help), there will always ONE who appreciate our help ... to reach out. Simple ... when you help, you do not expect any returns?


There ... the reason i will NEVER go to forum to argue (since Lamken case about JCY) as I have grown up!! haha ...

I have many books to read, many people to meet ... and to analyse, to prepare for crash. I do not have TIME to reply to comments, e-mail and more.

So ... due to TIME limitation ... I will FOCUS in my own work, those good readers will continue to follow my doing ... those in my trading-group will continue to learn and see my trades. Nothing to hide? haha. I don't care about what others saying leh ... but IF you are the silent readers appreciating my sharing here ... a nice "Hi TEH ... I like you writing ..." will motivate me to write more or "Hi CP, thanks for the e-meeting, I learnt something tonight" will motivate me to have more e-meeting! See?? Still can't understand that there are good people ... there are bad humans?

This is my topic tonight ... O&G. hehe

This is what I want to do ... join him (Mr Chew) to contribute in our charity-deeds.

HELP others ... and you will be happier rather than criticise, envy about others ... the world needs positive vibes

AND IT STARTS with ... YOU.

If you wanna make the world a BETTER place ... take a lokk at yourself and make THAT change.

Time to bring family to IOICity Mall ... meet with my old friends (two of them)!!



Sharing a song here ... 曾經

See you online tonight.

TEH

Saturday, August 27, 2016

Clip from WoWS





This is an interesting clip ... there are some truth in that. Think!!

TEH

Chris Gardner : Pursuit of Happyness


It is Sat noon ... just back from tuition-classes (since morning). Wanting to write about what I have read this morning (O&G ... China).

I just watched this movie about Chris Gardner again (many times liao). Perhaps, I should be writing about these clips .. for motivational purposes rather than grinning on CUT LOSS again .. haha.



This is how he went to interview ... and succeeded. If I m going to interview a person, I m not interested to see their certs or how well they dressed. By the way, I know I will be employing someone ... someday.




Struggled ... and never give up. Never quit as quitters never win. Happy ending.

He asked the right-question ... and change his life ... in total!!



TWO QUESTIONS #1 : What do you do? and #2 : How do you do it?

These were questions I asked too ... in 2005 when I wanted to OPEN my mind to financial and change my 'struggling' situation ... how do they do it? Why am I in debt? WHY am I not getting anywhere ... financially, being a lecturer?

So ... I read RDPD ... that was 10years ago!! It said ... we have to re-learn and change our financial mindset (rich get richer ... now, I know well ... why!!). Move from E ... while doing S ... into B and I. So, I went into keropok-biz as it is B (so I thought). I failed ... ok, that was not the way how. Think of next ... how?

Went into KLSE in 2008 ... failed badly as market crashed. Ok ok ... so, it is not that way, either. Then, HOW?

HOW do they do it ... quit their job (E) and moved into biz(B) ... and successfully pulled it off? HOW?

My struggles started in 2005 after married. Now, after 11yrs ... looking back,i done so many mistakes, taken so much steps out of my own comfort zone ... the struggle, I would ALWAYS remember ... no one would want to be put in such situation, honest.




So ... the movie brought me to my knees ... as in 2007, I watched the movie(pirated as I can't afford an original DVD or watch in cinema ... serious). Watch the above compilation clip ... how it could still move me so much .. reminding me of my 2004-2011 years of struggle. I could not afford anything much, slept at the back of my parents-in-law small room ... trying to meet ends (and in huge debt as I earned not enough).

My stories are real ... as it is still planted in my head and my heart felt thankful as I m no longer in that extreme position, tho I m still struggling.

Until we are WANT SOMETHING bad enough ... we would not change or out-of-comfort-zone. It is true ... without my babies to feed, I don't think so I would have worked so so hard (and failed so many times!!)

Details : https://en.wikipedia.org/wiki/The_Pursuit_of_Happyness

My stories still playing ... in this blog, at the moment I m typing these lines ... some 'old' readers might know ... I have changed so much (financially too). One day ... I might ask someone to interview me (I gave 3 interviews before, actually but in 'smallest' scales) ... and perhaps, my stories could carry some significances to those STRUGGLING.

Do you know anyone in media ... who wants a good story, to inspire those readers? How I struggled for 6-7 years in daily basis (and still doing it 6-8 hours per day!!) ... anyone there?

Ok ... never mind. Remain un-known ... till I succeed ... one day. I want to retire ... and share my stories to all, especially teachers/lecturers ... and students too.




Listen to Chris Gardner himself ... and have a nice weekend.



TEH

Stock Alert : Perisai



The chart tells a lot of stories ... there is not SHIELD in Perisai now as it is free falling ... sorry to those still holding to this counter as I do know many retailers still inside here, don't know what crash means ... this is called CRASH.

From RM1.70 to 17cents ... always put 5% cut-loss point if we are trading in 2016. This is my the best advice for CAPITAL PRESERVATION.

Take care.

Night

TEH

Friday, August 26, 2016

Stock Alert : AAX



AAX broken the very important 41cents yesterday. Today it closed at 38cents as the down-trend assumed. Support at 100MA.

Let us check if 35cents broken.

On 17th AUG ... it shot up greatly with volume ... anyone chasing? Then, should SELL when there is no follow-through.

Note : I do not have AAX as I see it as high-risk counter, but it is HOT and TRADEABLE.

Dinner time.

TEH

Tactical Investing : A probe into it



I was reading about "Tactical Investing" ... it is interesting and I am very interested to learn more of that.

Inverse ETF : example DOG





So ... I have spent my 2-3 hours tonight to learn a little about these. And I m just sharing what I m doing ...

Night.

TEH

Thursday, August 25, 2016

Day-trading for stocks dived 8%



FGV : Grabbed her timely at RM2 ... and all my q for lower RM2 not done!! See the support, see the volume ... see the 8% diving rule. BUY. So small lots done ... and sold at RM2.11. It was too fast ... done RM2 ... rebounded to high RM2.19 before closed at RM2.11... all in less than half hour!!

Yesterday, I went for AirAsia ... bought RM2.95 to RM3 ... queued all the way down to RM2.90 ... and sold at RM3.04. It is meant for day-trading ... very fast. Today, RM3 broken and I was queueing RM2.76 and below.

The day before was FLBhd dived 8% .... grabbed at RM1.57 ... but sold at RM1.56 closing as it didn't rebound to my RM1.65 selling point. Too bad. FLbhd went lower yesterday but rebounded a little today. Heard that KYY sold FLBhd?


Maybe I should try OFI if it dives 8% tmr? Issue of liquidity in this one ...

Perhaps AAX ? Just watch which one dive 8% or more, I will consider.

Tired ... and time to rest.

TEH


Stock Alert : AirAsia broken RM3



AirAsia : Assuming I have shorted at RM3, I will like to double my SHORT at RM2.50(instead of taking profit). So, at RM2.90 now, do nothing.

Time frame : Till market crash or take profit at RM2 for the RM3 portion and RM1.50 for the RM2.50 level.

By the time it reach RM1 ... we do dollar-averaging AGAIN ... for the LONG position. Continue till de-listed or taken private!!

Note : AirAsia is the BEST trading stock in KLSE  as I told everyone. If u can trade well, AirAsia could always fly ... full with news. Haha.

Above is a no brainer way of trading AirAsia .... but I need to find an instrument to SHORT AirAsia and HOLD.

TEH

Wednesday, August 24, 2016

Stock Alert : AirAsia diving 8%



AirAsia potentially breaking support RM3 today. Shall wait for closing and check again. When AirAsia at RM2.50, my short-AA will be done ... and I will record it here.

Do you think it will close above RM3? Or the good report is coming ... so, they pressing it down to buy cheap?

I don't know ...

TEH

Stock Watch : FLBHD


Wednesday morning ... sleepy morning as it drizzled.

Last night, I had an e-meeting with some 40-50 attendees ... regarding the importance of EXIT point. When we buy, we need to plan ... to EXIT. Either cut-loss or take profit. No point holding on to stocks too long as it is 2016, where only certain theme-play ...

So ... I will have one more similar (a repeat for those missed it) perhaps ... when I m 'free'. Yes ... will need to help many to clear their stocks that stuck UP THERE for months or years ... and market not even crash YET.

As I m writing, FLBHD at 1.53 ... what do you think of those bought around RM2 or RM2.50 or RM3? Applying dollar-averaging ... buy RM1.50 next level, then RM1 ... and 50cents next. We don't know ... but make sure we sell if rebound up every 50cents. RM3 to RM1.50 ... it has dropped almost 50% from the peak now.


See FLBHD breakdown the support RM1.68 ... that is technically very ugly. I shall wait for it to dive further ...


"As trader, I do not care much ... but I wont buy FLBhd as it is downtrending and quiet now. Many waiting for the coming report. Good or bad? If bad ... then only I might consider. haha"

Days ago (22nd Aug), I wrote about FLBhd as it is a stock mentioned by EC and he watsapp me again to remind all to cut-loss FLBhd as the 'Taiwanese' cannot be trusted.

If we do not cut-loss ... EITHER we are investors and will BUY MORE at lower price (logically) OR we buy to trade ... we got stuck!!

This is 2016 ... where risk in equity-markets at high level. So, to average down ... I disagree. Not to cut-loss and stuck ... I disagree too. So ... I have an e-meeting for those interested to LISTEN.

Don't worry ... I could reach out to less that 0.001% of those in markets and of that 0.001%, only 20% will LISTEN. Out of those 20% who listen, only small 20% will execute!! So ... we are down to few successful ones.

EC also said that I m doing GOOD DEED (Yes, EC ... I m a believe in good karma, good deeds too) and God will bless me. He wished I had been writing this blog in 2004 year when he was in market and he could learn so much and not lose so much!! He is my blog-reader!!

There is a young newbie came in the e-meeting last night. He said these days, traders are more knowledgeable .... I disagreed. I know he meant ... INTERNET and information but trading/investing is not who know more or got more information. Not that leh ... otherwise, all librarians are doing well, right? (WB's words).

Time to do my reading .... about CRASH PROFIT and exercise.

TEH 

Ten Years ...





Market crash in 1987 ... then in 1997 ... then in 2008 ... are we expecting another crash ... in 2019?

I do not say it will crash ... I hope it will be 2019 as I will have more time to prepare but we never know ... so, I m preparing now.

I have an 1.5hours of e-meeting to talk about CUT LOSS and how important it is not to get STUCK in market ... and yes, using FLBHD as an example we do not wish to fall-in-love with stocks!!

Time to rest ... night

TEH

Tuesday, August 23, 2016

e-meeting : CUT LOSS (FLBhd)




FLBhd : Broken support today with huge volume. Must be due to not good  reports?

1.  Please join my meeting, Tuesday, 23 August, 2016 at 9:30 PM.

https://global.gotomeeting.com/join/287190941


Meeting ID: 287-190-941

So ... I will take this opportunity to talk about CUT LOSS (as part of my #1 : Capital Preservation)

Join me tonight ... as I re-wind and re-play the CUT LOSS mantra ... haha

TEH

Stock Alert : FLBhd




3pm : FLBHD .... breaking the crucial important support of RM1.68 currently.

ALERT to those many still holding at the TOP there ... is the result out? Check it out. Check forums too ... if there is all saying die-die ... or start cursing, time to buy.

TEH



Short Selling : AirAsia


Morning song ... to share ...



KLCI down 2-3points ... nothing interesting as I m not into market, except shorted FKLI.

So ... I m doing my 'reading' work ... selected the book titled "Crash Profit" and selected #11 : Winning Minority.

Yeah .. then ... I went to pool-side, lying there ... reading. Mind clearer ... watching the cloud. haha.


There ... my reading area, fyi. Then, I will workout in gym for few minutes ... take bath and back to my desk.

Let me share a little about that chapter-11. First of all, it is about an investor ... a biz-person, who never knew about investing much and placed his money with mutual funds. During crash, the funds were crushed ... and was devastated. So ... he decided to learn about investing by himself.

SHORT SELLING is the idea ... to hedge against our long in stocks (including blue-chips). Another point shared is to check on reverse index-funds. Yes ... these two are in my mind.

Can we short KLSE's stocks ... and HOLD ... then, short in stages? Can anyone answer me? I would be glad to create a fund --- to short some individual-stocks (such as AirAsia).

No ... I m not talking about buying into put-warrants (short expiring period and liquidity risk).

Let me take our darling under-valued AirAsia as example. Remembered when I used AEON as an example for dollar-averaging. Now, we are going to do the OPPOSITE. That is what short-selling about.


Assuming I am allocating RM10k for each level.

AirAsia : SHORTED at RM3 done last week. Taking profit level would be RM2.50 and will update once done.

Queue to short next at RM3.50. Today, AirAsia at RM3.20 level.

Next level to short is RM4 ... and every 50cents up.

Assume : We have RM100k allocated for her.

Level 1 : 3 x 3330units = RM9,990 used.

So ... the chapter basically stating that we should hedge our portfolios with shorting the index.

Will need to go for lunch ... classes and continue to rest at nights (preparing for exams).

Note : Check on reverse index-fund trading in US.

TEH

Monday, August 22, 2016

post # 3459 : Dinner-date with EC


10.25 am : FKLI up 3-4 points, at 1690 ... KLCI flat at 1687.

Besides FGV, DRBHcom ... and some GLCs "undervalued" counters (LOL), nothing much moving. Election-in-play? Hmm ... UEMS, MRCB ... those counters la.

I m at café again ... reading, listening to songs while .... once a while check on markets.



This is the song I m re-playing. Nice catchy music. haha

As I m writing ... KLCI green-ing?

10.35 am : FCPO gapped up 20points.

Last night ... I had an hour e-meeting (I do open to all), talking about the 10-counters written by The Edge ... and wanting to take UliCorp (today up without much liquidity ... how to trade?)



This is a PIE chart (check the chart of PIE la) ... yes, correctly written about writers/bloggers. TIME we spent to write a page ... haha ... 'stare into space', 'watch youtube videos', 'read faceboook posts' .... haha ... so true.

10.45 am : AirAsia ... the darling of KLSE in red for a while moments ago, below RM3.20 .... yes, it is RM3 plus now. Undervalued. haha.



Ok ... since I m free, let me share a little story ... about this young successful man, in advertising-line.

He is EC. It was kinda impromptu ... just days, he watsapp me, telling me he is my blog reader and which to treat me coffee!! Sure ... but as my list kinda long for to oblige, I have to plan for the date. Well, then ... that week ... my Friday appointment was postponed and since I m free and like to listen to his stories (from Sabah ... so, I give priority? haha).

Anyway ... he was sincere to meet me ... treated me nice dinner, as we chat and talked about our 'past' ... our struggles.

His family was poor ... and his dad failed in biz ... and they shifted to Sabah. During the struggle, the family almost fall apart ... but God helped them. His dad managed to get a job ... in timber-line. It changed their fortune .... and now he & brothers are doing very well ...great story to listen and to know how STRONG humans could be ... and while they succeeded, they are still humble.


Yes ... kayu-balak ... there are many timber-tycoons in Sabah-Sarawak. They are very rich ... as our country is a rich country ... but both states are one of the poorest in Malaysia due to co##uption ... and illegal logging is common there.

Anyway ... he lost a lot in KLSE punting at the year 2005-2006 ... and luckily went out before the crash! And he missed the whole opportunities during 2008 crash. We were talking about how we could prepare for the coming crash ... and yes, I asked him to join me during crash (keep the cash now ... as he is reading these lines, perhaps).

Now ... there is something very interesting came out from him. His father knew FLBhd's boss well as they have biz-deal .... yes, they supply the logs to Focus-Lumber and he said he will never buy the stock!! He grew up ... playing in the factory and surrounding area. So ... I told him ... FLBhd reported good profits and also a strong cash-positive counter now and KYY is promoting her!! Well ... he is adamant that ... FLBhd is not a stock for him to buy!!

Interesting ... his perception on the company is not well, I guess.

As trader, I do not care much ... but I wont buy FLBhd as it is downtrending and quiet now. Many waiting for the coming report. Good or bad? If bad ... then only I might consider. haha

Time to go ...

TEH

Sunday, August 21, 2016

Post #3458 : Crashing on books


8.15 pm : I m resting at home now ... Sunday is a rest day. I brought my family to National Library (after since 2011)

I m glad as I managed to borrow few books related to market-crash books!!


This will be my one-month reading ... need to wake up 5am to read these and do some homework --- preparing for exams!!



Click the chart above to enlarge. This is a chart for BULLISH camp ... crushing those gloomy-bear camp .... nailed it. haha.

In 2012(I think), I attended TTB's invest-talk at KLCC during the InvestFair ... and he was very bearish ... stating that market is not cheap and the economies are in bad shape. I disagreed to him and still fully invested in KLSE and in fact started my trading group!

Today is 2016 ... I will slowly read Icap's newsletter again ... yes, I m using some common-sense ... then, it tells me that it is time to be cautious. Take 50% off from market.

Rest ... read ... and prepare.




Ok ... will have an e-meeting tonight since I m 'free'. My one hour is still very precious ...

TEH

e-meeting : RHB Asset Management counters



I will share this article online and show some of the charts related to the stocks.

Please join my meeting, Sunday, 21 August, 2016 at 10:00 PM Malay Peninsula Standard Time.

click here to join : https://global.gotomeeting.com/join/167283413

Meeting ID: 167-283-413

Not at your computer? Click the link to join this meeting from your iPhone®, iPad®, Android® or Windows Phone® device via the GoToMeeting app.

See you online ... later.

TEH

post # 3456 : Coffee Date with DY


Good Morning ... LCW lost but made all of us proud of his achievements. Liverpool lost to Burnley is to show how inconsistent their performances are .. for past years. Nevertheless, I will always support Malaysia and ... Liverpool.


Yesterday I have another coffee-date with a new-found friend ... yes, I have many and didn't have the time to write about many of them ... but I will. Since yesterday's date is still fresh ... let me share what we discussed about.

Note : A reader does not necessary believe that I really meet many investors/traders ... it is just my wild imagination-lah .. but at least could bring back some pointers or experiences shared hear. It is meant to share experiences on HOW many of us ... went through market-crashes.

He is Mr DY .,, seen his parents lost their fortune in 1997-1998 crash but they manage to survive. A strong young man who just came out from Uni then ... and he said during that time, it was very bad and harsh. They have to struggle as ... the crash almost tore the family apart.

He worked hard ... an engineer in profession. Then, he opened his own company ... and managed to pull the whole family together. I admired such successful person ... strong in characters while maintained being humble. Mr DY ... I know you are reading this line, I do mean it that I respect your characters ... and thanks for sharing long strong about 1997-1998 what your family went through. Most people would like to forget about those painful moments, their struggles ... but you managed to make me felt so humbled. Yeah ... market-crash will humble all of us.

DY ... went into stock-market around 2004-2005, and initially he was an investor. He buy good stocks (such as Genting and BAT) and hold ... but moving into market for 1-2 years, due to bullish market ... he got little carried away and started to buy into HOT-stocks ... and listened to recommendation of his remisier. As he got busier ... he does not time to monitor closely or read about news related to those hot-stocks. Some of the stocks he bought/punted going lower but he thought they will rebound ...as it was at end of 2007, where market was bullish .. but his stocks not recovering well ... and one of the stock in his portfolio is down by 50%.

We talked about cut-loss ... why didn't sell? I asked.

He knew "BUSY" was just an excuse ... but refusal to lose is more exact. Well, the ghost of 1998 haunted him ... seeing his parents crushed by market. So ... he was kinda lost.

Note : Example ... market is bullish now, some thought Sumatec will recover to 50cents?

He continued to buy a few more stocks, ignoring the few stocks in his portfolio which he failed to dispose. Indeed, it is like collecting more ... hot-lousy stocks. He is trapped into his own mindset ... and asking around doesn't help him much.

Why didn't you cut-loss?


He was lying to himself ... he told me. He was in denial ... and no one guide him to cut-loss ... or someone waking him up, to make him do something different!! FEAR of losing gripping us.

Lessons : ALWAYS know why we buy a stock ... place a CUT LOSS point (say minus 10%, sell).

DY said that he wish I would blog during 2006 period of time and write about the importance of CUT LOSS. Well, somehow ... remisiers asking many to buy, only few good remisiers teaching their clients to CUT LOSS. Why?

In 2008 ... most of his counters tanked badly. By then, he has collected more than 10 counters!! Market started to show weaknesses in Mac 2008 ... then in Nov 2008.

Lessons : Do not keep buying other counters without dealing with the existing ones in our portfolio.

He missed the whole 2008 crash as he is stuck in many ... and most of his funds allocated for stocks are inside. At least he could still laugh it off and shared with me his experiences ... recalling how painful 1997-1998 crash was and ... he himself inside the crash in 2008 ... and yes, I see such a strong personality. Perhaps, that explained why DY done well in his biz ...

I will not talk about other things we shared (haha ... you are funny too!) but focus in stock-markets and what I could share with my readers here our experiences of 2008-crash.

Yes ... there are many of them said that they will join me during market-crash. Seriously, I do not know if I could really capitalise well in coming crash, but at least I know I have tried to prepare ... at least I would not blame myself for being ignorant and didn't CHANGE. I would not want to lie to myself ... living in denial like many out there. DY, you are right ... there is NO ONE out there who will guide others ... to get out of their losing stocks and NO ONE to be blamed.

We have to CUT LOSS ... and he did cleared all his stocks in 2008, painfully lost a lot.




I do believe we all need to make that PAINFUL decision ... and LEARN from our mistakes, learn from others mistakes. It is never easy ... as we all know how difficult it is to CUT LOSS many of our stocks during market crash. Then ... we will be in FEAR ... fear of losing. Many quit and gave up (which is good too ... if they could not take the pain further).

DY ... I could not promise you or anyone that we could MAKE IT well this coming crash. But, yes ... we shall meet again to discuss further what we would be doing DURING crash. No worry, market will not crash yet ... and it wont recover in days. We will have time to do our homework ... just make sure you do not BUY MORE into stocks now. As you will want to join my trading-workshop (no plan for next one, end of year .... perhaps), we will be in touch.

Reduce your position ... keep 50% cash is my advice. Be patient ... let the craziness on and glad we have got over our painful 2008-crash experiences. Looking forward to the coming one ...

Thanks for the coffee ... and yes, my pleasure to meet you too.

Note : Will write another 1 or 2 of my coffee-date later.

TEH


1997-1998 Market Crash








After the losses ... time to look into market-crashes clip ... and remind myself to be prepared.










This clip is easy to understand (tho over-simplified)

Note : Lee Chong Wei tried his best and we all supported his courage. great.

Now ... I will rest.

Night.

TEH

Saturday, August 20, 2016

Marc Faber roasted







This cocky young fella caught my attention as he criticising Marc Faber (many out there talking about TTB who still keeping cash ... and been negative about equities since 2012!!) ...

He might got a point that those 'bearish' gurus getting things VERY wrong to keep playing the crash-music ... but he is VERY arrogant due to he WANTS to promote himself .. as a technical-guru and if you have an hour to waste, you may want to listen to the clip above.

These are those many ... out there, who trying to promote themselves. He is doing it in extreme by way by de-meaning Marc Faber ... and as we knew Soros buying into 'puts', he must be laughing as Soros registering some paper-loss.

Look ... those hedge-fund managers and investment fund-managers are being entrusted to keep their investment 'safe' ... so that they could survive any un-foreseen circumstances ... they managed BILLIONS of dollars.

If anyone could do better ... apply in. Get the hot-seat ... and show the world how the technical-analysis could profit the funds in huge way.

He is creating GREED ... similar to many PROMOTERS of software, trading-courses, trading-platforms, newsletters, products etc etc ... if you attend some talks, you will know what I mean. Especially those forex-gurus (from spore) who shown you their fast-cars.

Marc Faber : http://www.gloomboomdoom.com/

By calling others 'stupid' ... he lost the respect, even if he is 'right'.

How many times we heard of those into technical-analysis profit HUGELY in stock-markets? Another modern Jesse Livermore?

How many people do you REALLY know who earn millions ... trading?

I will rather listen to Warren Buffett while learning technical-charting. I would remember what many successful investors told me about INVESTING ..

Uncle Ben said that Fundamental Analysis come first ... must combine with Technical Analysis (use simple candle-sticks, volumes and ONE indicators ... support-resistance). If anyone use complicated indicators ... then, they are PROMOTERS of indicators as it gives contradicting signals. Also, Uncle Ben does not believe WAVE THEORY, FIBO-retracement and more ... which is very similar to my belief.

So .. we want to listen to what we want ... I do prefer to listen to those EXPERIENCED ones rather than the young-promoter (and alike) above.

When there are more people believe in these promoters, then ... we might see euphoria(which we need very much) .. prior to crash.

Note : I still do not agree with him de-meaning Marc Faber or whoever as we all have our own rights to believe what we wanted to.

TEH



RHB Asset Management's counters




The Edge giving us few of the stocks held by RHB Asset Management ... to check on the SELLDOWN of few of their counters. We shall check on the charts rather than speculate on the "WHYs".

Some of the counters are illiquid ... so, when a fund wants to exit, they have to SELL at any price lower due to lacking of buyers! That is the RISK of buying into illiquid counters. As traders, I will always advised my members to buy into LIQUID stocks so that we could exit ... easier. If we are buying HUGE position into a counter, we have to make sure it is liquid(high and consistent volume) ...otherwise, we are INVESTING (buy to hold) and these SELLDOWN could be seen as opportunities to collect more once it hit the floor.


Esceram : That engulfing candle looks good ... will check. I have traded Esceram few times when it was uptrending. So ... now, time to re-lok for any trading opportunities.




PWRoot in the list ... to check.

I m creating a new watch-list for these counters .... for next week trading-idea.

I will try to find time ... to share ''The Edge" ... my opinions. It is hard to find time these days (due to my laziness too. haha)

Also ... I have few coffee-dates notes and pointers to share, especially from Uncle Ben.

Tmr I will have another coffee-date with an experienced person who has been in market for years(longer than me). We shall hear from his point of views about his preparations ... for the coming market crash. Thanks for treating me coffee ...

Have a nice weekend and hope LCW could bring back the cheers. He beat LinDan, what a game to watch. Our mens double brought back another silver. great!!

TEH

Friday, August 19, 2016

Waterfalls to watch



OFI (code 7017)

PIE (code 7095): have to wait for few more black-long candles to be considered attractive.

SCGM (code 7247): not ripe to take yet. Wait.



SLP (code 7248) : Harami formed today ... it would be nice if today ANOTHER long black candle. Dislike the volume ... not consistent.


Ulicorp (code 7133) : most attractive to me.

Will check on more during weekend and take one or two of them next week.

Hope Malaysians will win their games tonight!!

TEH

AEON : Dollar averaging (update)



http://cpteh.blogspot.my/2016/07/dollar-averaging.html


Update on AEON : Dollar-averaging mode of investing.

Allocating RM10k for each level : RM4, RM3.50, RM3 and RM2.50

Sell at next level : Done for the RM2.50 level ... sold at RM3. Great.

For RM10k, we could buy 4000 units of AEON at RM2.50. Sold at RM3 = gross profit RM2k.

We have utilise RM40k capital so far (bought at 4 levels), gained some RM2k = 5% of the capital.

Next level to sell is the RM3 level at RM3.50.

No need to check daily ... queue sell till done.

What if it goes back to RM2.50 .... ? BUY back using RM10k la. If at RM2, buy next RM10k ... employing RM50k by then. Any rebound of 50cents is sell, can?

Ok ... we shall check if AEON at RM2.50 to buy or RM3.50 to sell ... which might take months. I m OK with 10% p.a

TEH


Contrarian Investing


Morning ... still blur-blur. Reading about the selldown ... and the discussion in the morning.


There ... the four counters, actually. I missed out OFI.

There .. OFI.

Being CONTRARIAN is very difficult ... very very difficult as we have to against the majority --- the herd.

Take a look at AirAsia ... when it was at RM3, many will buy into her ... but it dived below RM1 ... not many dare to buy. Today trading at RM3.28 ...wow ... it is becoming a darling AGAIN. We shall watch together it dive back during crash. Watch AirAsia together ... and you will see how difficult it is to be CONTRARIAN. Buy at RM1, sell at RM3? yeah.... right!!

So ... I could write pages about contrarian as slowly 1MDB or Brexit forgotten and influx of retailers is back!!

Contrarian Investing by Investopedia

Contrarian investing also emphasizes out-of-favor securities with low P/E ratios. For more on indicators that contrarians monitor, check out the article "Why is the disparity index indicator important to contrarian investors?"


Contrarian investing is a type of investment strategy distinguished by buying and selling against the grain of investor sentiment during a specific time. A contrarian investor enters the market when others are feeling negative about it and the value is lower than its intrinsic value. When there is an overarching pessimistic sentiment on a stock, it has the possibility of lowering the price so low, the downfalls and risks of the company's stock are overblown. Figuring out which distressed stocks to buy and selling them once the company recovers, thus boosting the stock value, is the major play for contrarian investors. This can lead to securities returning gains much higher than usual. However, being too optimistic on hyped stocks can have the opposite effect.

Many contrarians have the view of the market as an eternal bear market. This does not necessarily mean they view the market as negative but keep a healthy skepticism as to how certain general investors feel about the market. Overly high valuations can lead to eventual drops when investors' expectations do not work out. The principles behind contrarian investing can be applied to individual stocks, an industry as a whole or even entire markets.

Well ... read more about CONTRARIAN investing, then we could understand better WHY majority of us will STUCK up there ... and during crash, we would not dare to BUY.

Emotional neutrality is the key. Only invest for coldly rational reasons, and never because other people are buying in droves and making money right now. Heated emotions, euphoria, excitement and similar sentiments are the enemy of prudent and profitable investing. Make sure that you do not get carried away with the crowd. In fact, it is generally best to do the diametrical opposite. When the crowd is cheering, leering and buying, look to sell; when it is moaning, groaning, panicking and selling, it is generally time to make your move.

Having a good, neutral advisor is a great help. Before taking the plunge – either in or out – ask informed friends or brokers who can be trusted for their advice. Objective third parties are invaluable in ensuring that you don't get carried away or become imprudent in the face of peer pressure and temptingly high, but unreliable and unstable, returns. Indeed, if you have a broker, his or her job – either ethically or even legally – is to ensure that you never join the proverbial queue of lemmings at the edge of a cliff.

Make this our weekend read and think about it. Not many people out there will write about doing things opposite (Contrarian) as it is not popular. To be popular, we supposed to write about what OTHERS (the herd) want to read.

Time to go shopping with wife ... celebrating our 11th year!

TEH







Planning for crash : Diversification


it is 2.30am ... I slept 10pm ... too early. Now, I could not doze off.

Listening to my old-fav Eric Moo's songs ...




Will be listening to the whole list of about 50 of his songs ... I have full collection of his songs (CDs), and one day ... I will have my own room (with good hifi system) ... sit there for an hour or two, just listening to songs!! My dream ... after retiring.

Back to market ... thinking about PATIENCE, a topic I discussed with the group.

Why there will be no crash in 2016?

Because it is NOT hot enough ... not many retailers in market and many talking about crash!! When everyone talking about the potential of crash, it will NOT. Crash happens when no one believe it will ... and majority earning easy money and happily telling others about their profits and ... I TOLD YOU SO being played many of times.

We do not hear that now, do we? I will check forums once awhile .. to see such 'mini' euphoria forming .. then, correction will be around the corner.





別再問我愛你有多深

別再問我愛你有多深 我已無力面對你一問再問
是否我的感情如此不堪讓你等 我卻為你苦苦的生存

別再問我愛你有多真 我已無力證明心有多誠懇
是否我的感情如此不堪讓你等 我卻為你苦苦的生存

明天的問題讓我來承擔 多少人的決定比我們更難
只要你的心堅定不移不怕不逃避 就讓不安的心隨風去

別再問我愛你有多深 我的深情和你一樣的認真
是否我的回憶如此不堪讓你等 我願為你苦苦的生存

During crash ... how should we diversify?


Let me put one hypothesis : Lets say we have RM100k fund readied and we are going to buy FIVE penny stocks (which could be around 50cents ... example if AirAsia trading @ 50cents or UEMS @50cents ... or FLBhd@ 50cents ... or SKPetrol @ 50cents ... or HuaYang @ 50cents .. or Prestariang @50cents or ... you get the picture stocks I m aiming at 50cents, right?).

Assuming we have stock A, B, C, D and E ... each from different sectors.

With RM20k for each ... we could divide our buying into 3 stages. RM4k, RM6 and RM10k.

At 50cents : plunge in RM4k for first stage buying

At 40cents : plunge in RM6k for second stage buying

At 30cents : sailang ... show hand RM10k.

Then ... wait for recovery. ONE DAY ... sell in staged once stock-price shoot ... say 3x, 4x and 5 times.

At RM1.50, sell 1st and 3rd portion ... and at RM1.60, sell all. haha.

RM4k x 3 + RM6k x 4 + RM10k x 5 = 12 + 24 + 50 = RM86k.

So ... in theory, if according to play profit would be RM66k ... rounding to RM65k la(fees plus GST).

That is about 325% profits.

Is that good enough? To some ... if that is true, it is very good. But ... that is an over simplified hypothesis I put out ... no brainer kinda plan (what do you expect at 3.45am now?)




In case the stock we bought did not rebound ... instead goes into below 20cents or de-listed, too bad. Cry is an option ... don't think men do not cry, ok? (title of the song. haha)

Learning fundamentals becoming more important now ... plan plan plan.

ok ... it is almost 4am. Last song ... and I m going to take a nap and go for my morning job.


nightzzz ... should be morning.

TEH

Thursday, August 18, 2016

Diving stocks : SCGM, SLP and UliCorp


SCGM : Dived from peak around RM3.60 to current RM2.94... the selling yesterday and today is very heavy.


SLP : Peaked about RM3 ... hit RM2 low today but closed RM2.20. That is sharp.


ULICorp : Peaked at RM6.80 ... hit RM3.61 low today but closed RM4.40

Will check on these three tmr ... and see how it goes to go for technical rebound. Which one to take?

TEH