Ho Bee Land    Last:1.8    -0.02

Riding High On The Sentosa Wave

TabbyKat...



Yup,  way to go...  :)



By the way, do you like cats?... hehe... :) 

 

iPunter, you said :

"TA people normally want to trade the juicy parts only and leave the waiting parts to the long-termers.

In this way, they could have traded many other counters before coming back again to the same counter in time to receive the next instalment of juice."



I did exactly what you said. I sold off Ho Bee at 1.40, took profit and switched to Koh Bros and LKH. Now sitting on paper gain greater than if I held on to Ho Bee. I got the sell idea of Ho Bee from the very helpful Singaporegal. Her post confirmed my chart/TA reading.

Hopefully, I may switch back to Ho Bee and continue to benefit from its further gain.

That's why I often logged in to SJ to read other forumner's post, particular the few regulars like yourself, CashierTan, Singaporegal and lately, the playful Elf. Your commends may benefit me.

Cheers.

 

Ho Bee is one of the lst property stock that has moved and chiong and chiong and chiong... Now it has to slow down and take a breather while the other laggard property stock take turns to move up... Latest that has moved just few days ago is LKH.

 

cr_kai,

I don't set or try to predict price targets. I just follow the trend and see where it takes me.

 

["What u said could be true if you pick a stock solely for long/medium term investing. But when you are trading, you need TA. If you trade with only FA, you may sit on a stock for weeks or months and you funds will be held up by this stock..."]  (Tabbykat)


Tabbykat is right...


TA people normally want to trade the juicy parts only and leave the waiting parts to the long-termers. 

In this way, they could have traded many other counters before coming back again to the same counter in time to receive the next instalment of juice.

 

Hi tabbykat, mind to share what are the counters that professor is recommending now based on FA  :)

 

U R right, waterfalls.

I normally apply TA to the professor's (shareowl) picks based on good fundamental and traded some counters very successfully.

 

One more note, F/A is numbers science while T/A is chart art. So both combined make powerful investing tools !

 

Tabbykat, I agree with u. A combination of both would be more effective.  After all, F/A is the engine that drives T/A. Sometimes being a short term trader loses out more profits to a medium/long term trader as shown by the recently rally.  I think having a mixed portfolio would be a balanced approach.  

 

i don't do any TA at all. as for ho bee, it's more for investing and there's still more upside to it. it's no where near it's peak. no TA reading for me here.

singaporegal, i assume that you say ho bee's peak should be $1.50? and it's downtrend all the way from here? how long will it's off peak last from your TA?

let's have a  guess on it's price by 1H 07? I say it'll touch $1.80. what's your guess? :)

 

Waterfall,

What u said could be true if you pick a stock solely for long/medium term investing. But when you are trading, you need TA. If you trade with only FA, you may sit on a stock for weeks or months and you funds will be held up by this stock.

 

As a side note, Warren Buffet didn't heed much to T/A. He was an astute investor picking great USA corporate winners with huge brand potential like Coca Cola etc. So if the F/A is strong, tho' the price may drop temporarily due to the T/A, it will surely bounce back once enterprises make money. He focussed on fundamental value investing. To trade purely on T/A requires a lot of guess work.

 

Caution on Ho Bee... could have past its peak already

 

colorado, you're welcomed. you still have to do your own research sometimes. when i first got yongnam and bbr below 10 cents, many investors at that time condemned the stocks. but now they have made more than $30k for me. research not only on the fundamentals, but also the overall sentiments of that industry and it's forecasts. ride the wave.....

just 2 cents from a novice investor. :)

 

Hi colorado,

I actually don't stare at the computer screen all the time. I make my analysis on End Of Day data. So I usually look at the charts only at night.

Only when I want to make a transaction, I will be checking the computer screen for the right timing.

 

Thanks cr_kai for your thoughts!  My other holdings are still having diarrhoea, sigh.... so hoping to buy into a stock that can reduce my loss.

I'm not a punter but an investor so will look into this stock as recommended by you.

 

colorado, if you have not time to look at the screen, then don't play short term. for long term, ho bee is a good buy. it may go down now, but over the next few months, I believe it should go up. My target is $2 for this stock. just my own guess. Cheers!

 

Hi Singaporegal, I must mull over what you and iPunter mentioned about not mixing the FA and TA.  I understand what you mean and I think both of you do make a valid point. 

Please do share what your recommendations are since you are more for TA.  I do not have the luxury of time to stare at the computer screen all the time. As such, do you do your TA analysis at the end of trading and make your decisions before the start of trade the following day? 

Thanks!

 

lynn, if you are holding on to ho bee, you have to hold on longer to see profits. you can't contra on this. :) all the best.

 

When will Ho Bee launch their Sentosa project? Stock price holding firm (in anticipation) or likely to trend higher in the coming weeks.