Friday, November 24, 2006
Don't know zone
Yes, I am in the don't know zone. All my indicators for the KLCI is super overbought. Maybe it's no use to use them anymore, maybe we should just buy blindly. I don't have a system for superbought condition. I'm not take old to know what is the superbull. So I decided to sell stocks that moves up like someone with an overdose of viagra. For my buying decision, I only buy 1/2 position as compared to normal (just in case it didn't turn out fine). I have been caught during the 2004 downturn, so I try not to be caught again with my pants down. I think that it is important to make profit during the bull, but the most important is not to lost all back during the bear.
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3 comments:
Fuck the shit Swifz, let's do it.
The KLCI will keep going up, only the sky is the limit.
Let's not be so harsh on Swiftz. The stock market is a dynamic arena. Sentiments can change in an instant We are constantly assessing the marketplace, blowing hot or cold depending on our inputs. Swiftz may have privilaged info. He may even be psychic. Time will tell. From our own observation, no stock can keep on climbing. It has to fall back. How much is subject to the market forces in play. Lets respect his judgement. He is entitled to his as we are to ours.
in a bull run, all indicators will show overbought!!!!! if you wait for indicators to drop, you miss the boat already.
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