Every investor always asks this question, ‘keep or sell’. For me, I have no confirmed answer to it too. I set a target price when I buy stock. And I will sell it when the stock hit my target price. However, you might earn less when you sell too early like my Mudajaya case. Or set too high target price like my INTC case. And end up earn nothing.
Tanjong PLC past 2 months performance
I have 2 target prices for Tanjong ~ RM16.02 and RM16.74. The first target price should be easily hit with sudden high volume. But men are greedy. So do I. Should I wait for RM16.74? Or sell it at RM16.02? I don’t want to end up like Mudajaya and INTC cases.
Are you buying stock at FBM KLCI currently? Or you are selling them now? Well… There is no exact right or wrong answer for it. It all depend on own perspective.
Quote from OSK Research…
There is still room before the market reaches the 50-day MAV line. Hence, there is still a possibility of the market retracing all the way to the moving average line from the recent peak. Anyhow, our view towards the near-term market will remain firmly bullish as long as the 50-day MAV line is not violated.
Quote from Maybank Investment Bank…
Tactically, all investors should dispose of their stocks and reduce their positions as the autumn period of great downside volatility will continue. The American and global markets will be under heavy selling pressure and may crash in large daily percentage drops. So, local investors may want to ask the question “Why buy now”? – as we expect significantly lower prices in the next month or two. For funds that maintain the select band of counters that prop the FBM KLCI up, any and every rebound would be an opportunity for smart investors to sell at better & higher levels. SELL! SELL! SELL! Don’t BUY anymore.
So what is your opinion? For me, I just bought some value stocks. Just want follow the famous investor, Warren Buffett who buy stock at the value price, or even better undervalue price. 
Oh no… The bull escaped and running since 9 March 2009 till now. What can we do? Should we buy more stock to keep for future since it is sign of economy recovery from bottom? Or sell some stocks due to the bull is going to stop running for awhile because the index is too high already? Buy or sell? That’s the common question will ask by investors. However, it is not an easy question to answer. You need to study and do research before answer that.
Dow Jones Industrial Average pass 6 months
I made a call that I will only enter stock market on Q3 during February 2009. The economy will be recovered starting Q3. However, some of my colleagues said that should enter in March. Too bad that I did not dare to enter that time. I wonder how much did that colleague earn… Yup. The economy does look like in recovery mode since Q2. With strong Q3 earning report from most of the companies, the sign of recovery look brighter everyday. By the way, the stock market always reflexes the future like around 4 – 6 months ahead. That’s mean if you think the economy will turn bad or good, you need to act 4 months before.
FTSE Bursa Malaysia KLCI pass 6 months
Back to the question, buy or sell? Buy if you think the stock can still perform more than 10% in next 12 months. Else it’s time to exit stock market.
Yeah… Stock had a correction finally on 15 June 2009. It had been rallied since 12 March 2009. That’s 4 month of rally. A bit short than I thought. Based on research firms, the previous rally after stock big fall will last for 4 to 6 months. It ended at 4th month. Will it re-bounce and continue rally again?
Rally from 12 March to 15 June 2009
I always ask this question to myself, “Should I enter stock market now?” There is lot of answers. Some will tell you to buy when low. Some said you can enter market anytime as long as you think the stock worth the price. Keep the stock for long term like 5 to 10 years. No worry when to go in. Average the stock price by buying several times at different price that you think is right.
Oh no… I really need to study more in order to success in stock market. Time to study again…
Stock is not a new thing to me. I started to invest in stock market back in year 2006. Waited for 10 years economy crisis cycle since 2006. Plan to put more money in there when economy crisis hit bottom. We can earn more in this situation. Finally, it happened on year 2008…
A new investor like me faced the common issue ~ buy high and sell low. I did lot of mistakes during there years. And it does scare me from entering the stock market. My luck is not so good. The stock price will drop when I buy it and go up when I sell it. See my previous ramblings on this…
IOICORP performance
IOICORP was the first stock that I bought this year. I managed to buy low and sell high. I bought it at RM4.1 and sold at RM4.44 the next 2 days. That’s 8.29% increment. Far more than fixed deposit rate at 2.5% per year. This is the power of stock market. You can earn lot of money in a very short time. Loss money in the same way too.
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