It may pullback due to low volume !
Wednesday, May 27, 2009
10:10 am - Here is a good dividend yield stock JT International that is undergoing 18 L/C
Last check on Dynaquest is rated 6.5 and dividend yield is 8-10%. Better than Bank FD %. This stock is for tough days and time ahead.
For our muslim stock investors, this is a non-syariah compliant as it is a tobacco stock.
Make sure at the end of the day, it closed above Rm4.42 and get it before the market closed. Put your stop at Rm4.15
9:24 am - I received an interesting comment from one of my reader ! Listen !
Hi Martin,
I'm following yr blog quite a whilebut I found that it was merely a report similar to any Security firmdaily report..
I'm expecting more than that such as outlook & forecast...
Daily report is not useful for trading !!!
najib
-----------------------------------
Dear Najib,
My partner, Bill Wermine give an market outlook. Click on the Market Report under Index Section.
At CIMB, we have our technical analyst Nigel Foo who gives regular outlook and forecast (two opposing views) to our traders club member and clients. You need to come to attend our seminars and be a alumni.
My weblog is for my graduates and clients who attend my seminars so they can have my view on how I look at the market. Judge it from the trading performance (see performce2008.blogspot.com weblog).
In my 2 cent opinion, outlook and forecast are useless. Ppl and investors want certainty in the stock market and that is why they always want someone to tell them how they shud behave and buy.
Can you get certainty in the stock market ?
To my knowledge, no one can predict the future.
That's why 95% of investors loses money. How has your stock hold up so far ? I have explained in my radio interview with BFM on why ppl loses money ? You can listen to it.
Wud you agreed that the role here is to make money and not to be right or wrong about the market ?
However, a lot of ppl want to be right about the market and end up not cutting their loses when they bought the wrong shares.
For me, I want to make money and I am not concerned whether I am right or wrong about the market.
Rgds,-martin-
I'm following yr blog quite a whilebut I found that it was merely a report similar to any Security firmdaily report..
I'm expecting more than that such as outlook & forecast...
Daily report is not useful for trading !!!
najib
-----------------------------------
Dear Najib,
My partner, Bill Wermine give an market outlook. Click on the Market Report under Index Section.
At CIMB, we have our technical analyst Nigel Foo who gives regular outlook and forecast (two opposing views) to our traders club member and clients. You need to come to attend our seminars and be a alumni.
My weblog is for my graduates and clients who attend my seminars so they can have my view on how I look at the market. Judge it from the trading performance (see performce2008.blogspot.com weblog).
In my 2 cent opinion, outlook and forecast are useless. Ppl and investors want certainty in the stock market and that is why they always want someone to tell them how they shud behave and buy.
Can you get certainty in the stock market ?
To my knowledge, no one can predict the future.
That's why 95% of investors loses money. How has your stock hold up so far ? I have explained in my radio interview with BFM on why ppl loses money ? You can listen to it.
Wud you agreed that the role here is to make money and not to be right or wrong about the market ?
However, a lot of ppl want to be right about the market and end up not cutting their loses when they bought the wrong shares.
For me, I want to make money and I am not concerned whether I am right or wrong about the market.
Rgds,-martin-
9:10 am - F&N had a 18 L/C yesterday !
Do you dare to buy at this new high ? The pro. does. Buy at new high at Rm9.20 and put your stop at rm8.60
9:07 am - KLCI is creeping slowly despite sign of bearish !
It is likely to congest due to 50% retracement of KLCI at 1050. Let's see how it wud close today !
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