Cut loss was correct for AirAsia (0 viewing)
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Cut loss was correct for AirAsia
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Leremy (Admin)
Admin
Posts: 134
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8 Months, 2 Weeks ago
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Air Asia hit a new low today at 1.24.
So cutting loss early at 1.57 was correct after all :)
If I am cleverer, I should have cut loss at 1.62.
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Last Edit: 2008/03/20 03:03 By leremy.
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8 Months, 2 Weeks ago
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AIRASIA probably has the most foreign shareholders in Bursa. Foreign fund has mostly withdrawn due to unstable politics obviously. Everyone seems preparing for the forthcoming mass demonstration this holy Thursday.
US rate cut may also send the oil price to the roof but I've been telling others that oil price will reverse instead after rate cut as speculation turns into reality like what is happening now. Headge fund people always like to think one step ahead of others.
Expecting a very volatile week...
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8 Months, 2 Weeks ago
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Leremy wrote: Air Asia hit a new low today with 1.24.
So cutting lost earlier at 1.57 was correct after all :)
If I am even more clever, I should have cut lost at 1.62 though.
Tell that to Leno - the smartest fellow who kept asking ppl to follow him
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leno (User)
Newbie
Posts: 14
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8 Months, 2 Weeks ago
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Hey Leremy,
It is not my fault that KSeng drop from 5.15 to 4.00
It is not my fault that Airasia go up back from 1.24 to 1.37
Why did u do that to me ? It won't bring UP KSeng or push Down Airasia.
Tell U what, why dont u buy Analab at 0.86 , and when it go up next week, u can cheer up again and blog happily.
As usual,
Leno the Superman.
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Leremy (Admin)
Admin
Posts: 134
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8 Months, 2 Weeks ago
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OMG Leno, did you read the whole thing properly?
I didn't say anything bad about you at all.
Why are you saying all these?
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