BURNT BY STOCKS : STUDENT LOST $700,000 IN 3 MONTHS

[wj888]

I am not a big fan of wave theories.......but allow me to guess as well......

I say we are in the 2005 stage of the bull market........

WA.. That is EXCITING! Make my heart pound faster..
2005 go up to 2007 is alot leh!

I sure wished you are RIGHT!

Hope to cash out before the trend ends and shift everything to properties.

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So 2011 will be a Bull year, hehe enjoy the ride while u can...
so i foresee 1Q equity market cheong till 3500 pts....so people called me a market sentiment investors, hmms also know as trend investor..or market cycle / timing..aiya, most important make money lar???

Somehow people believed in analysts who can articulate an investment case more than someone who just does it simple and very boring but who brings in the results.

[Image: gay_tennis_match.jpg]
LOL.. True. More Investing and Less Analysing. Don't be paralyzed by Analysis. You can be an expert in fore-hand, back-hand, smash, volley.. but if you don't win the game, nothing else matters.

[mrEngineer]

I must remind that any crash comes unexpected. The key word is unexpected. Experienced traders or speculators can give optimistic forecast all the way cow comes home but they are hurt the least because they know how to exit and cut loss. The psychology behind cut loss is difficult to master. Been through it and only see e light in a few months to just heal the wound.

I will never be optimistic in the market until I see real low valuations or discount because I can never control it or e unexpected. If u think it's fully priced, then exit and shake leg until u can become optimistic again.

Capital preservation is always e key.

So what if we have GE when China is crashing down, Europe defaulting on it's debt or US experiencing hyperinflation at that very moment? We are just a small red dot on e map and can't control anything. Remember bangaldesh crash twice le?

[newborn1000]

I am not a big fan of wave theories.......but allow me to guess as well......

I say we are in the 2005 stage of the bull market........

WA.. That is EXCITING! Make my heart pound faster..
2005 go up to 2007 is alot leh!

I sure wished you are RIGHT!

Hope to cash out before the trend ends and shift everything to properties.

---

So 2011 will be a Bull year, hehe enjoy the ride while u can...
so i foresee 1Q equity market cheong till 3500 pts....so people called me a market sentiment investors, hmms also know as trend investor..or market cycle / timing..aiya, most important make money lar???

Somehow people believed in analysts who can articulate an investment case more than someone who just does it simple and very boring but who brings in the results.

[Image: gay_tennis_match.jpg]
LOL.. True. More Investing and Less Analysing. Don't be paralyzed by Analysis. You can be an expert in fore-hand, back-hand, smash, volley.. but if you don't win the game, nothing else matters.

Personally, I hope I am wrong..........Cause I want to effect my new strategy earlier......

But the similarities are uncanny......interest rate hikes causing correction, property curbs etc..........

Not to mention the seemingly endless people that are interested in the stock market <----quite apparent.......

Wave of old traders disappear, and a brand new stock of nicknames appear on channelnewsasia.com <-----Ultra apparent........

All we need is another "Armageddon" reset to complete the puzzle......(1997, tulip, SARs, Sept 11, Dotcom, Subprime)



Anyways.......good luck!!!

[wj888]

Personally, I hope I am wrong..........Cause I want to effect my new strategy earlier......
Anyways.......good luck!!!

What is your new strategy?

[arthur]

I think the mood here is too excited.
And I hope to still see many of you to be still around in the aftermath of the next crisis, if you understand what I am driving at.

I concur with Mr Engineer.
By the way, the "shaking legs part" is harder than most of you can imagine. Try shaking legs for awhile and you will soon find your fingers itchy.
You may call it the "itchy fingers" vs. the""shaking legs" syndromes.

[koh_52]

Yar lor.....Arthur san view is correct.

today very free, just shouting my baseless gut feel for comments..actually u know me lar... i am not an equity investor guy..my stock sifu saw my comments must be laughing at the back of his mind.

Engineer san, direction is correct......Conserve yours Bullets, which exactly what I had already done last month.

[mrEngineer]

All we need is another "Armageddon" reset to complete the puzzle......(1997, tulip, SARs, Sept 11, Dotcom, Subprime)

I think this time the next Armaggedon should be quite similar to a mixture of Dot Com bubble and 1997 Asian Currency Crisis.

The similarity with dot com is that bubble grew and burst after Sept 11 crash. In Asia, it will be property prices.

The trigger or the catalyst would be similar to 1997 AFC where all the hot money flow back to US as its equities are getting more attractive. US will still lead the next tech revolution. There are so much technology that will surface out in this decade which will drive the world crazy.

I never believed that China will overtake US this decade because China still unable to compete with US innovation. In other words, China is rising due to resources while US will rise due to human creativity. You can decide which one is infinite. Buffet is smart after all.

As for the shake leg vs hand itchy, I concede defeat to hand itchy liao. haha. Now aiming some dividend plays with my profit + capital from ARA.. Short term with entry and exit plan established. So impact should be minimal. Wish me luck!

[ssian]

Although US might be what you have said, but cash from foreign lands are still cashing into China, particularly Asia Tycoons.
It may be that China may not overtake US this decade, but we know that it's on the way on the rising run up to the sky.
With recent crackdowns and reforms in China, i do believe China is still able to compete if they are persistent enough. Lastly, i go opt for resources, then comes technologies.

[mrEngineer]

Well in the next decade, you will see either a booming Russia or Brazil and then you can tell me whether resources is a good bet. Can chinese stay forever price competitive? Nobody knows..

[newborn1000]

Personally, I hope I am wrong..........Cause I want to effect my new strategy earlier......
Anyways.......good luck!!!

What is your new strategy?

Same story, different game play.......

Previous, I bought during recession + trade

(Advantage is that you dont have to hold during recession, Con is when should I sell? eg, Cosco Corp, my reasons for selling was good, increasing cost and order cancelled......yet now, this company is doing well.......)

Now, I plan to buy during recession + Actuarial approach........
(Less on FA, less on TA-----Pros, same as above + sell signal is when I double my money or TA says sell for all indexes.......Cons, I will tell you guys 5years later......lolx)

This is not an original strategy, I was inspired by one of the greatest investors in this world.....Sir John Templeton.......

Visit this link for his story....... http://newborn1000.blogspot.com/search?updated-max=2011-01-19T11%3A20%3A00%2B08%3A00&max-results=1

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No point trying to maximize gains using TA & FA.......... we all seen how people (including yours truly) trying to outwit the market etc.........both method works but, all on great "transaction cost" (Years of effort spent,time,energy)

Just my 2 cents worth.....since 2006.........