2020 : Do not buy to hold

Liverpool beat Spurs away ... to stay at the TOP of the league table. See if they could maintain unbeaten and eventually win the league ... 2020.

Sunday  8.10pm ... checking some of the indices charts and many are BEARISH.

So, I m staying in CASH ... and will buy uptrending. Will wait for the coming SELLDOWN, and be ready to buy for short term technical rebound.

Let me pluck randomly a chart. CHINHIN.

That recent surge was due to listing of Solarvest ... now, falling back to 60cents level. So, if one is stuck, below 60cents is cutloss lo ... then, slap yourself to believe whatever u heard ... otherwise, why buy ChinHin and stuck?

Stuck ... paperloss 20%, too painful to cutloss ... then 50% paperloss ... too late to cut? Then went down further to minus 70%, looooong term investor and claiming they are VALUE investors. haha ... sound familiar? You stupid or what?





 Because the MAJORITY of RETAILERS in KLSE are losing money, stuck up there HOPING their stocks to rebound back to their cost (they cannot lose a trade ... so, they WAIT to breakeven, at least) ... you cannot talk to them or advise them about CUTLOSS ... or digging deeper on the concept of OPPORTUNITY COST.

One thing for sure ... you may want to them to ADMIT they are STUCK.

Cold-eye (Fong SiLing) given a market talk in Apr 2017. One of the stock above RM3 being recommended was Perstima. He is a long term investor ... so, buy more if stocks becoming cheaper and HOLD for years to come. ONE DAY ... it will recover.

I m different kinda school-of-thought ... I see HIGH risk in markets, NO BUY AND HOLD in 2020. So, I will WAIT for the crisis and put all the stocks he mentioned in my BUYING list. During the crisis, I will check the FA ... and buy into them ...way CHEAPER and random buying into and stuck at the moment. I SEE IT AS OPPORTUNITY COST


search for Fong Siling market talk which could be available to the public thru youtube. Check above RM3 category ... Perstima, Taann, SOP, UMCCA, Asiafile, Thong Guan ... etc etc ...

Do your homework ... do not buy in blindly and HOLD. Some stocks you may hold till coming crisis ...crash and recover .. that would be 5-8yrs ... if you are lucky to breakeven. You stupid or what?

Have a good trading week ahead. I m out ...

TEH