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commie_rick

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LOL. I didn't say feel confident means market will move in my favour. I said it is not 100%. It might move against my prediction. But I am betting on an educated prediction. I back my confidence based on news, facts and data. And synthesize them in my brain.

And your second paragraph is just pure ********, not an educated prediction :s13:. No need to use this kind of examples to demean my argument.

I can give you an educated prediction. The market is going down in the next few weeks or even months and is not gonna recover until the COVID-19 pandemic is contained.

This is an example of an educated prediction with confidence. Of course there is a chance that I will not be right. Only time will tell.

Touch your heart and ask yourself whether the market is more likely to go up or down in the near future? That is an educated prediction. Or are you still pretending to "not know"?

Educated prediction ? That’s coating dung with candy and sell it as sweets. It’s either a predictable or it isn’t . You know you can’t . You are bsing. I’ve myself about the market , I don’t sh1t I don’t pretend like what you are doing .

Oracle of Omaha can’t predict , I’m sure neither can you . So don’t sugar coat sh1t. I’m calling your bluff
 

commie_rick

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Will some companies choose to delist if their share price drops too much?

Example if sembcorb marine drops to 20cents?

You should ask culepico, he can make educated predictions. He’s Making tons of market during this crisis
 

commie_rick

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Yes that's what I meant. Making fair and clever assumptions (or predictions in the case of stock markets) is always better than "nobody knows" (or just being plain lazy to try to know).

In an exam, it is always better to make an educated guess than to just leave it blank.

If you want something, I am pretty sure that you will want to make an effort to make it work.


In exam you write something you might have a chance . In the market there are multiple factors . Don’t give irrelevant comparisons
 

culepico

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Educated prediction ? That’s coating dung with candy and sell it as sweets. It’s either a predictable or it isn’t . You know you can’t . You are bsing. I’ve myself about the market , I don’t sh1t I don’t pretend like what you are doing .

Oracle of Omaha can’t predict , I’m sure neither can you . So don’t sugar coat sh1t. I’m calling your bluff

Do you think Warren Buffet buy his stocks blindly? Of course he buys the stocks that he have confidence in. But it doesn't mean he is always winning too.

Do you buy the stocks that you have no confidence in?
 

d9_lives

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Yes that's what I meant. Making fair and clever assumptions (or predictions in the case of stock markets) is always better than "nobody knows" (or just being plain lazy to try to know).

In an exam, it is always better to make an educated guess than to just leave it blank.

If you want something, I am pretty sure that you will want to make an effort to make it work.

Are you shorting?
Since you know, why don't you act accordingly?
 

culepico

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Are you shorting?
Since you know, why don't you act accordingly?

I don't play margins. I will wait for the market to recover. Not buying anything now.

And I didn't say I know. It is only something I have confidence in based on information.
 

commie_rick

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In the market you are buying something that has a chance to rise no?

Chance is something you and many want to believe. Did hyflux investor hope that the share price will go up?


I long or short depending on market conditions
 

culepico

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Educated prediction ? That’s coating dung with candy and sell it as sweets. It’s either a predictable or it isn’t . You know you can’t . You are bsing. I’ve myself about the market , I don’t sh1t I don’t pretend like what you are doing .

Oracle of Omaha can’t predict , I’m sure neither can you . So don’t sugar coat sh1t. I’m calling your bluff

Can you predict the score of football matches? Yes. Will your prediction be always correct? No. But why do you predict that anyway? Based on news, facts, figures, information...

Touch your heart and say you buy stocks not based on predictions or confidence, but pure emotions?
 
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culepico

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Chance is something you and many want to believe. Did hyflux investor hope that the share price will go up?


I long or short depending on market conditions

You got it. You long or short based on market conditions, which is an information isn't it? That means it is already better than "nobody knows". Good for you. That's what I've always been implying.
 

commie_rick

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Can you predict the score of football matches? Yes. Will your prediction be always correct? No. But why do you predict that anyway? Based on news, facts, figures, information...

Touch your heart and say you buy stocks not based on predictions or confidence, but pure emotions?

You mean you can Predict the outcomes of football matches ? Do you partake in match fixing ?
 

commie_rick

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You got it. You long or short based on market conditions, which is an information isn't it? That means it is already better than "nobody knows". Good for you. That's what I've always been implying.

I buy and long based market conditions doesn’t mean I know . Do you think the feds know whether they can improve the market ?
 

culepico

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You mean you can Predict the outcomes of football matches ? Do you partake in match fixing ?

You might have misunderstood the meaning of prediction. It is a forecast. It is not something that will happen 100%. And yes everyone can predict the outcomes of football matches. Again I must stress that a prediction is a forecast based on facts and information, not a 100%.
 
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culepico

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I buy and long based market conditions doesn’t mean I know . Do you think the feds know whether they can improve the market ?

I have never ever said that I know, you know or he knows. I only said you buy based on information. Is that untrue? I really think that you are getting the wrong idea of my statements.
 
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highsulphur

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I was reading the Shiny thread and had the impression that you were on the DCA. Then saw this thread on the STI and concluded that there might be 2 part of your portfolio i.e.
DCA - Discipline/Slow & Steadynon-DCA - Speculative (there's a gambler in everyone afterall!)
So I was wondering what the % was? Is it maybe 70% DCA vs 30% Non-DCA

I am in btw I guess. Have been buying es3 but not regularly at a fixed amount each time. For iwda, I have been buying but had took profits a few times before. It was only at early this year that i decided to just buy and hold (bad timing). But the good news is that because I wasn't consistent (so I guess it can't be called dca) I have a chunky reserve waiting to be used. My portfolio losses are still painful as I haven't sold anything so far since I started in 2016. Just need to deploy now and ride through
 

commie_rick

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I have never ever said that I know, you know or he knows. I only said you buy based on information. Is that untrue? I really think that you are getting the wrong idea of my statements.

You have mentioned you know many times . Don’t flip flop
 

culepico

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You have mentioned you know many times . Don’t flip flop

Not ever. You can look back at all the posts. Don't assume. Have a good confidence doesn't mean know. You buy stocks based on good confidence that it will rise right? Does it mean you know? If you got the wrong impressions of my posts then I have nothing to say. Now let's get back to topic.
 
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