Hu Li Yang Seminar on 12 January 2013
*The STI index is now trading in a Box, it is likely that the index will trade between 3000 to 3300.* If we hit 3000, we should BUY. For whatever reason and for whatever to happen, should the index fall to 2700, heaven is giving you money, BUY. But he feels that it is unlikely it will happen this year, so anything below 3000 is already GOD Sent. The STI Index should it break the 3300 mark, it will move up to 3600 points. He also predicts that for the whole year, there would be two buying opportunities.
*He (HLY) call this the second half of the Bull Run, you need to buy stocks that are in focus, stocks with theme. 涨时重势，跌时重值。
Meaning to say, *
- when the stocks floored, you buy stocks of higher fundamental quality,
- when stocks are Rising, look for those who are moving strongly.*
He goes on to explain how we should manage our stocks.
Rattle snake theory: People who trade the market need to cultivate a rattle snake character. Firstly, RS do not eat on a daily basis; you should not trade on a daily basis as well. When the RS spot a prey, RS will patiently observe the prey and watch for the prey pattern and movement, and when the opportunity comes, you should strike the prey hard and do not let go until you get the whole prey. When we buy a stock, and if we got it correctly, say we buy the stock at S$10, do not sell away at S$12, and be patient to wait for the stock to rise, and act on it accordingly to its movement.
Also, to make money, you need to have 1 or 2 stock which you buy big or you put 80% of your money in it, and not take part in many small trades, such cases will not be profitable in the market.
*He (HLY) call this the second half of the Bull Run, you need to buy stocks that are in focus, stocks with theme. 涨时重势，跌时重值。
Meaning to say, *
- when the stocks floored, you buy stocks of higher fundamental quality,
- when stocks are Rising, look for those who are moving strongly.*
He goes on to explain how we should manage our stocks.
Rattle snake theory: People who trade the market need to cultivate a rattle snake character. Firstly, RS do not eat on a daily basis; you should not trade on a daily basis as well. When the RS spot a prey, RS will patiently observe the prey and watch for the prey pattern and movement, and when the opportunity comes, you should strike the prey hard and do not let go until you get the whole prey. When we buy a stock, and if we got it correctly, say we buy the stock at S$10, do not sell away at S$12, and be patient to wait for the stock to rise, and act on it accordingly to its movement.
Also, to make money, you need to have 1 or 2 stock which you buy big or you put 80% of your money in it, and not take part in many small trades, such cases will not be profitable in the market.
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