21st Dec 07 ~ Friday
Morning … it is an off day, so only a few in the school at the moment.
i m here, to be honest, is to look into the market and save as many data of stocks as possible. Thousands of stocks - need to break it into smaller pieces to analyse.
So, off i go there …. no time to waste.
Will write about PASSION … as currently i m driving on Passion to learn about investing/trading.
Stock alert
Money is on construction and properties counters. Ind Products counters are at its low — need to monitor some good undervalued ones — to get into it once the heat off from const/prop. It is holiday season too … market quite slow.
Well, Ranhill is still moving slightly down, but i breakeven with Astro. YNH is moving up and more difficult for me to pplay catchup at the moment. GPlus, Tebrau or UEM are still counters i m stalking. MRCB? On the hold … but since i hv limited funds to play with, will need to sell off Astro for small profit and go for more aggressive stocks. Prefer to risk the tide than the comfort — value investing vs momentum investing?? Volume becoming my MAIN criteria of choosing a stock. Simply put, when many going after a chick, high posibilities that she worths the chase?
Look into SECTORS first … unless you want to be defensive, go for the agrressive sector(s). Diversify and look into those moving …. zig-zag and catch at good price. I bought ranhill a week too early. Must learn that now — it is 2.25 now(bought 2.33) tho it will go up to 2.80 or so. But if i could buy cheaper, i could sell at 2.70(taking me shorter time to earn the same amount, right? And in term of percentage, it is higher!).
I hv placed rm7000 in my CDS … into my first month now, i hv only manage to breakeven. If i place the money into ASB(7% per yr), i shall get about rm500 that is about rm40 per month. So pathetic! So, i m VERY confident that i could beat 7% earning by end of 2008. If you put in FD for 3% per year, i will cry for you. Even IDIOT could earn 10%, according to Adam Khoo. Hmm … then, we are talking about 60- 70% of monkeys who dont invest their money!
Ok … i got to go home to read more … and to increase my FQ. No point having high IQ with low FQ. F = Financial. With high FQ, must be balance with high EQ. Or whatever Qs they are creating! LOL
Enjoy your holiday …
TEH
