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Post by om on Mar 10, 2014 7:25:23 GMT 7
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Post by me200 on Apr 29, 2014 14:26:53 GMT 7
Hi Oldman,
Seem like this 10 o'clock time is super long.
US may be in 10~11 o'clock but 6~9 o'clock for HK and SG.
Would you like to share your view on where are we now? 
It is around 10 o'clock on my investment clock. This is an interesting and exciting period as I really do not know whether the bear will appear or this is still the tail end of the bull market. This is why you can see me quite involved in the day to day movements in the market. This is certainly unlike what I usually do. Reason I am so involved at this stage is because I need to have a position in the marketplace to know whether I continue buying or hold off buying. As I am still cautiously bullish, I continue to buy my favourite stocks. I don't usually buy from the sell queues unless someone is offering these stocks at a good price or in sufficient volumes to make it worth my while. Otherwise, I am more than likely to put lower sell queues and hope that someone will sell down their stocks to me. In general, I usually collect stocks by queueing lower and lower regardless of the time on my investment clock. However, at this late stage, I would usually queue even lower. When there is fear in the marketplace, it is best to use this fear and put smaller buy queues at lower and lower prices. Hence, by doing so, I am actually encouraging the share price to go lower and lower. This is generally how I buy stocks. I am not someone who will chase up the price of stocks. I rather see my fundamental stocks go down in market value so that I can buy more at a cheaper price. Yes, I am a strange kind of investor. This is probably because I do not need to meet short term profit objectives, unlike the fund managers. Hence, the lower the share price of my fundamental stocks, the happier I am buying more. |
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Post by oldman on Apr 29, 2014 14:50:23 GMT 7
Ha ha. I think you are right. Everyone is still very bullish about the world economy. For me, I may have read it wrongly and sold too early. However, I am still reluctant to enter the market at this stage. I rather play the waiting game as I still feel that the risks are still too high compared to the rewards. I rather buy when stocks are dead cheap as this is usually the time when I make the most money. Hi Oldman,
Seem like this 10 o'clock time is super long.
US may be in 10~11 o'clock but 6~9 o'clock for HK and SG.
Would you like to share your view on where are we now?
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Post by candy188 on Apr 29, 2014 17:51:31 GMT 7
Hi Oldman, Admire your fortitude to reap humongous rewards. It takes tremendous courage & conviction to stay on the sideline & wait for the dreadful bear to arrive, which is beyond my temperament.  Ha ha. I think you are right. Everyone is still very bullish about the world economy.
For me, I may have read it wrongly and sold too early. However, I am still reluctant to enter the market at this stage. I rather play the waiting game as I still feel that the risks are still too high compared to the rewards.
I rather buy when stocks are Dead Cheap as this is usually the time when I make the MOST Money.Hi Oldman,
Seem like this 10 o'clock time is super long. 
US may be in 10~11 o'clock but 6~9 o'clock for HK and SG.
Would you like to share your view on where are we now?
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Post by oldman on Apr 29, 2014 18:09:46 GMT 7
Don't get me wrong. I am still buying stocks in companies that I like. Just that I am buying very slowly except for situations where I sense that the company is undergoing a transformation. Saying all that, I am reluctant to put money into a new play at this stage. Hi Oldman, Admire your fortitude to reap humongous rewards. It takes tremendous courage & conviction to stay on the sideline & wait for the dreadful bear to arrive, which is beyond my temperament. |
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Post by zuolun on Apr 29, 2014 18:18:13 GMT 7
Ha ha. I think you are right. Everyone is still very bullish about the world economy. For me, I may have read it wrongly and sold too early. However, I am still reluctant to enter the market at this stage. I rather play the waiting game as I still feel that the risks are still too high compared to the rewards. I rather buy when stocks are dead cheap as this is usually the time when I make the most money. oldman, I believe you've many secret admirers; some of them may have followed you and sold early too.  |
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Post by candy188 on Apr 29, 2014 18:23:31 GMT 7
Hi Oldman, Thank you for correcting me. My apology for misreading your reply earlier.  I particularly concur with your insightful view to buy VERY SLOWLY  as I was stuck in a business by acquiring the shares in one batch.  Excessive greed at work! 
 Don't get me wrong. I am Still buying stocks in companies that I like. Just that I am buying Very SLOWLY
except for situations where I sense that the company is undergoing a transformation. Saying all that, I am reluctant to put money into a new play at this stage.
Hi Oldman, Admire your fortitude to reap humongous rewards. It takes tremendous courage & conviction to stay on the sideline & wait for the dreadful bear to arrive, which is beyond my temperament. |
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Post by chlio on Sept 23, 2014 21:24:23 GMT 7
Hi everyone, am I the only one running out of patience here? It seems like my investment clock at 11 o'clock has stopped! The kondratieff wave & Joseph cycle & the bleak economic climate globally are not producing any blood on the streets yet..... what are your views as we approach Oct 2014? I note that there were several stock market crashes in the month of Oct. |
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Post by oldman on Sept 24, 2014 4:58:32 GMT 7
Honest truth is that no one knows when it will crash. But crash, it will as markets go in a cycle. As investors, we just have to be aware of which part of the cycle we are in. Yes, I too have felt that we are close to a downfall.... but I have been feeling this way for over a year now. This does not mean that I am not buying new stocks. It just means that I am extra careful at this stage. It also means that, given the opportunity, I will be unloading some of the stocks that have made good money. Hi everyone, am I the only one running out of patience here? It seems like my investment clock at 11 o'clock has stopped! The kondratieff wave & Joseph cycle & the bleak economic climate globally are not producing any blood on the streets yet..... what are your views as we approach Oct 2014? I note that there were several stock market crashes in the month of Oct. |
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Post by web on Feb 28, 2015 16:52:57 GMT 7
When will the market crash is also the biggest question on my mind. I fully agree with oldman that no one knows when the market will crash. I can understand chlio's frustration as the stock market continues to charge upward and the opportunity cost is high for those who have taken a substantial amount of money off the table. It may not be wise to take all the money off the table for the sake of waiting for the market to crash. But extra kiasu and kiasi is the key to survival when one looks for the next value stock to invest in this part of the market cycle.
I will be reading up on all the past market crashes. The global financial market is so complex and intertwined that one event can trigger a domino effect and result in some unexpected and ugly consequences. While sentiment of the investors is bullish now, it can change very fast.
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Excessive greed at work! 
