My Comments for the Challenge

OK here comes my comment:
1)YTLPwr-WB
As this is warrant, it depends on the mother share. But instead of looking at FA stuff, I m merely going to compare the mother chart and the baby chart.
Grandma story:
YTLPwr was in uptrend until end 2007. Thereafter we see a huge drop - downtrend. In Apr 2008 onwards, the price move in range signalling potential accumulation process begun. However, the recent weeks runup has met some resistance and currently unable to break the resistance.

Grandma story 2:
YTLPwr-WB begun and price dropped since. At end Nov, the price ran up. Recent weeks unable to break the high. The runup is in tandem with the runup in the mother share.The resistance now also in tandem with the mother share.

Sam's Comment:
Sam's comment to buy YTLPwr at less than 0.55 looked very likely.

My recomendation:
Current moment: SELL
Potential buy price target: When YTL Power is around 1.65 and YTLPwr WB is around 0.45. If YTLPwr WB goes to 0.45 while YTL Power is higher than 1.65, this price target is invalidated.


2)KNM
Grandma story:
Runup from cents region to ringgit region begun in 2006.In 2008, distribution took place. Uptrend line broke in Jul 2008 signalling downtrend stage begun. High volume registered in Oct and price downward momentum decreased signalling potential accumulation begun.

My recommendations:HOLD first.
Potential to buy around 0.40 remains high. Price to run high high, belum lagi. Wait for two more months. For long term people, can accumulate around this 0.40 price target.


3)SIME
Grandma stories:
Runup begun late 2007. Late 2008 to beginning 2009 distribution took place. Super Gap (my own term, not TA :P) happenned in Mar 2009 signalling super downtrend. Currently while price is at prior to runup, no signs of assumulation process begun.

My recommendations:NO BUY.
Wait until accumulation begun for long term buyers. For TA buyers, as usual, wait for uptrend signals.


Hehe, sorrila with the grandma stories... but at end also got to the point summary. Can accept?

So over to your comments Sam. Sam, rubber more safe, but less shiok. If want really safe then ma no need to do, then sure safe! Hahaha. There ll always be risk of pregnancy even with rubber. Haha. They say, Everytime we choose safety, we reinforce fear.

I d like to think now I graduated from primary and secondary TA school liaw. Of course, belum dapat diploma, degree, master, phd whatever lagi lo. But maybe I am wrong who knows... Time will tell. If not, I go study SPM again. Hahahahaha :)


Dear Theng,
OK, FKLI part, I challenge you, can? Look like you think my simple strategy very lousy.
So here is my challenge:
My position will be as follows:At opening bell tomorrow - 19 Jan 2009, I ll take short position; whatever the price. Then I ll hold until end of month - contract expiry. Look at the settlement price in newspaper, then thats the price close. Then calculate profit or loss for me there. Margin 4K. Capital 10K per lot.The temporary increase one nevermind one la. Sap sap sui. After 3 days they reduce loh. In between if margin call also, got T+3. Hahaha. So far, I never kena margin call love letters yet. Thank you for your concerns.
Thereafter every 1st day of the month, short whatever the price. Until Aug contract expiry.

Still I am not sure why you sound like you hate bizfun so much. If they are nothing to you, why so "kek tong"? Relaxla. Bizfun forum taught me a lot of things. Helped me make money. So, thank you for your concerns but I dont feel that I am being misled there la.

OK, so you re old bird in FKLI and FCPO. Whats your approach then? If you re an old bird, my simple challenge above will be no problem to you right? Anytime can beat that. So accept my challenge?

Anyway, still got many fund managers there la at bizfun. I met some of them also. Namecard ada pun. Some I open account with them also. Some of them taught me how to play other markets. Shared with me their experiences also. Got a lot of nice ppl there too.

By the way, why my comment on rollover is a joke? Big funds rollover, sure I know. But whats the point for small fellas like me? Roll or not roll also, it will be realized profit/loss. The question was raised by another forummer whether rollover can become unrealised or not. So, what did I comment wrong?
You say - How are u going to roll-over until aug with your rolling skill in kindergarden stuff? A beginner also knows how to roll-over, ok? That is the basic in playing this game!I say - No need roll roll over la. Simple enough. Short current month contract. Keep until settlement. Following month new contract, short again. Keep until settlement. Simple right? I dont want to confuse ppl who dont play FKLI. Senang sikit for them to see this strategy also. If take into account of rollover, then need to track more things, susah. We keep simple simple for everybody lo. I dont think you re big fish la btw. If really big fish, then why so kek tong reading my comments? You should be very happy mah. If I get it all wrong, then that means every month income for you I got contribute one...

For those who dont play FKLI, FKLI is what ppl call zero sum game. For one to win, another must lose. Therefore, for big fish to win, all the other small fish must lose. Or other big fish lose loh. So Theng, apamacam? Accept my challenge to beat my ROI based on my simple strategy? (Maybe negative ROI I will get, who knows) hehe.

Maxforce said...
GPacket...Well Sam, maybe you see it as weakness la. But the way I look at GPacket, it ll come down again. Yes la, naik from bottom a lot liaw. If you use percentage like that, how? Cos u compare from bottom. If compare from top, the percent very small only.
So lets add GPacket to our challenge.
My recommendations to those holding Gpacket now: SELL.
What is your recommendations, Sam?