Sunday, December 23, 2007
RECOMMENDATION ON AIRASIA baseD ON PERSONAL EXPERIENCE AND INSTINCT
Recently there is a guest who posted this comment on my Airasia recommendation in my shoutbox.
The comment is as follows:
Guest Beware, the worst in not over for AirAsia. Please read your chart.
Thank you for your comment. I appreciate your comment and I agreed with you as the chart and also the technical signals do not shown a buy yet on Airasia. As I mention in my blog, technical analyst people will not agree with me to buy Airasia cause the signal does not shown any positive sign yet.
But my 7 years of experience and my obsession with the stock market tell me otherwise. Sometimes, it will come to a time where your instinct and your experience count more than the technical tools. By the time the positive signal is out, the stock has already gone up and we have to buy at a higher price. Follow technical sign is safer, but I prefer to follow my instinct and experience although it is more risky. I always believe that with high risk come high reward.
Please refer to my posting on EXPERIENCE AND INSTINCT COME FIRST, TECHNICAL SECO... .
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