StockHunter's Lodge: Hands getting itchy while in the markets.

Saturday, February 28, 2009

Hands getting itchy while in the markets.

Can make money from stocks during this time? Aiya now so many people ask me this question, one! :-0
Since I don't want to have to eat only towgay, kiam chye (this one no more cheap, leh) and tow kwa only
I go to stock market also, la ( besides the wet markets and supermarkets ).
(Firstly - do you have heart problems ? If you do have , stop reading this!!! :-P)
Answer: Can, la !!! ... but don't expect too much, huh ... :P :-D
But be judicious - be very selective and lean more ('heavily') on fundamentals.
Take profit when there's 'enough' profit - don't expect profit margin (in general) to be as before -
Then buy only when there are compelling/'convincing' reason(s) to do so. (I find myself holding for shorter duration(s) or with modest profit target(s)(- compared to that before the current financial debacle :-P ... a little bit kiasi already -:-D haaahaa). "Swear' , one must to be agile too - May have to do more jumping in and jumping out/off & 'swinging' from one to another.

Generally -
Slow and 'staggered' (:-P ) accumulation on certain ('dark' :-D haaahaa) blue chips (and maybe on selectively-picked second-liners) to hold ('go intermediate' &/or 'long' . There's that possibility of taking 'small' profits now and then when and while certain stocks/counters go trending upward in the future. Just be sure that one stays invested .)

** This week/current - look see ... look see and pondering :
HGMetal , AscottREIT; Ascendareit; Meiban, GoldenAgri:
Allgreen; OCBC Bk; China XLX.
Look for weakening of prices.
Buy on weakness in price (but check on 'support' and/or ' resistance'
level before acting ).

¶ 4:38 PM

Comments: Post a Comment

<< Home

About Me