The Capricorn Effect and May Sell-off

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#61
Alternatively, you can use the CDP website to do web query since the web format is the same as SGX before the upgrade. The irritating part is obviously the login.
I use it to query as and when I want it so I can bear with the login.

I think it is possible to write ExcelBasic to overcome the login but I am too lazy to try it

But, if your stocks are not held under CDP(CPF, nominee accounts), then it is obviously not that useful.
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#62
(14-05-2012, 09:59 AM)yeokiwi Wrote: Alternatively, you can use the CDP website to do web query since the web format is the same as SGX before the upgrade.

That is an idea, thanks!

Quote:The irritating part is obviously the login.
I use it to query as and when I want it so I can bear with the login.

I think it is possible to write ExcelBasic to overcome the login but I am too lazy to try it

One can easily get the browser or N360 to remember and auto fill the NRIC and password fields. Unfortunately CDP site has a bug that makes the NRIC log-in fail and have to key in CDP #.

Quote:But, if your stocks are not held under CDP(CPF, nominee accounts), then it is obviously not that useful.

This is a major limitation as I want to query a whole bunch of stocks I do not own.
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#63
I am wondering why does the bad news always occur from May? quite a number of stocks are still not at a sufficiently attractive price to go in or average down.
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#64
(18-05-2012, 09:45 AM)shanrui_91 Wrote: I am wondering why does the bad news always occur from May? quite a number of stocks are still not at a sufficiently attractive price to go in or average down.

I believe it's a coincidence. May is over-rated. Tongue
My Value Investing Blog: http://sgmusicwhiz.blogspot.com/
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#65
It's times like these that you ought to be writing down your thoughts in your diary, blog, notebook,... for future reference. For eg. I could be writing down, "I wish I had....,

1) More cash - so that I can start picking up some 'discounted stocks'
2) Sold my 'Stalwarts' more aggressively before they xd - so that I don't feel heart pain to see it dropping much more than the Div
3) Had not aggressively chased after so many 'Growth' stocks - so that I don't have to see the Share Price Growing so fast in the -ve direction
4) Had not bought so fast - so that I won't be seeing cheap getting cheaper every day

The above is just an example...
I think if you'd been doing your Buy/Sell based on your own set of valuations, you'd not be as badly affected. Can also just sit tight and ride this out as you're confident of your stocks.

It's also times like these that you start to appreciate your Dividend Yield Stocks as most had not dropped as much (in % terms) yet as others. That's not to say they won't free-fall soon. What I'd do, would be to be selling many of my 'Stalwarts' (those I have not sold before xd) to switch to others which'd dropped a lot more (in % terms). BUT, I won't be too aggressive in the buying (selling, yes) ie. Q at a few bids lower and in smaller Qty. I'd be doing what TA experts call 'Catching Falling Knives'. Wish me luck! Wink

Having said the above, I'm glad that this time round, I have a lot more cash to play with (usually almost zero and will be selling my Stalwarts - Switch here, Switch there, Day in, Day out,...). It's also a good time to come out and play if you'd done your homework and had been eyeing some stocks which'd seemed so expensive just a week or so ago... Tongue
Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------
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#66
yes, sifu Smile

i have indeed realised the importance of dividend-yielding companies. Not only do they provide you with the cashflow, they are also part of your emergency reserve that you can readily activate when caught unaware. This time round, bond is also out of reach as the interest rate is simply too low. interest rate is only going to go 1 direction in the long run.

Still waiting for a bigger crash as i have not yet found any attractive opportunity
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#67
Today, i activated 15% of my emergency fund...waiting for the next phase.
Lucky a lot of my dividend coming in soon so i can replenish my ammunition cart.
The thing about karma, It always comes around and bite you when you least expected.
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#68
Looks like the bleeding has stopped for now...
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#69
i have sold most of my reits. i am waiting to buy back some but don't know when? Any news of rights issue?
i were too greedy for SPH. Should have sold some at 3.97, 3.98 before XD recently. O. K. maybe i can't sell at 3.8 because of Buayas queing in front of everybody. But definitely can sell at 3.7. But its O. K. , just wait for another round, baring unforeseen circumstances. The counters that drop quite a lot today, are all commodities sector. Which i have never touched before as i find this sector quite hard to follow or understand. I may put a little money, just a little for "speculation" when i think the time is right. Remember, i have been known long ago i am a"Rojak Investor" who likes to borrow investment ideas from anyone. Ha! Ha! TongueBig Grin
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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#70
(18-05-2012, 12:02 PM)Musicwhiz Wrote:
(18-05-2012, 09:45 AM)shanrui_91 Wrote: I am wondering why does the bad news always occur from May? quite a number of stocks are still not at a sufficiently attractive price to go in or average down.

I believe it's a coincidence. May is over-rated. Tongue

That's what I thought too until I read this.

http://www.ritholtz.com/blog/2011/10/a-t...investors/

But I must say that that the logic still defies me.
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