Being in the market at all times is not the key to profits. Being in the market when there is a clear, unconfused technical signal during a strong market, and the trader's judgment is not swayed by emotion, is a method for trading success. No matter how good the fundamentals and technicals are, stocks will have a high risk of failure during weak markets.
Friday, February 26, 2010
FABER GROUP BERHAD Quarterly results
Quarterly profit has more than doubled, but year to year the profit is half of 2008... alamak.
Fair value has been raised to RM2.94 (from RM2.69previously). Yesterday Faber closed at RM1.66 and the chart is uptrend all the way but too gradual (slow)!
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