Re: AAPL


Just look at the AAPL ten years chart (only $7.00/share at Jan 2003) and see how easy to make millions in this stock market, LOL

Attached a few musical video for you. Take care.

Best Regards
TheChosenOne

Why Smart People Fail to Beat the Market ...



By Rick Ferri | Forbes – Thu, 15 Mar, 2012 2:33 PM EDT..

There are only two ways to beat the stock market in the long-term, net of expenses: one, trade on superior information; two, be lucky. I tend to believe that getting lucky has a much higher probability of working than finding superior information.

Finding superior information is very difficult. It either requires access that other people don't have, or the ability to analyze public data better than the vast majority of investors. It's widely known that most mutual fund managers underperform the market, even with the deep and talented pool of analysts they have access too. Once in a while they'll get it right, but it's not often enough to make up their cost.

Princeton professor and Nobel Laureate Daniel Kahneman helps explain why people think they'll guess right more often than wrong in his new book, Thinking, Fast and Slow. The human brain is incapable of creating new information - it doesn't know what it doesn't know. To compensate for the unknown, our brains attempt to piece together the best possible story based on what we do know. Sometimes this story is accurate and sometimes not. When we're right, we think it's because we're smart, and when we're wrong, we think it's because we didn't have enough information and there was nothing we could do about it.

Author and money manager Larry Swedroe summarizes why we have a strong desire to believe we're right all the time in his recent Journal of Indexes article, On Magical Thinking and Investing. He cites excellent behavioral finance sources to explain why investors keep trying to out-guess the markets when the deck is so clearly stacked against them. Swedroe labels the need or desire to be an above-average investor as the "Lake Wobegon effect," named for the popular radio series set in the mythical town of Lake Wobegon, where all the men are strong, the women are good-looking and the children are above-average.

Hi Langlui,


My life is Gold and it's beautiful, thanks.

Attached a few of my favorite songs for you to enjoy and relax after the intense stock trading day. Take good care of yourself.

Best Regards
TheChosenOne

Jin Akanishi said Yello Gold is beautiful ... check it out

Have a nice weekend.

Knicks 90, Raptors 87


http://www.postingandtoasting.com/2012/2/14/2798748/knicks-90-raptors-87-shump-and-lin-wouldnt-let-us-lose?ref=yahoo

Jeremy Lin does the "Dougie"...


You may like the attached songs too.

Thank you for your warm welcome ...


Attached a song to say Happy New Year to you.

Happy New Year to you and every fellow trader


Send my favorite musical video clips for you to enjoy ...

Hello Glassy,

Your timing is good, the crude oil future will give some hint about the oil stock sector movement, I guess. Miss you stock alert and wish you happy trading.


Best Regards
TheChosenOne

Hello "LAO",

The trend is your friend, good luck.


Best Regards
TheChosenOne

Hello 3XBuBu,

I have not follow the stock market for few months but I do like the bank sector, I have nothing more to say about the stocks that you mentioned because I am out of the action for so long. I do have a few songs for you and hope you enjoy it.

Thank you for your kind advice ...

It's easy to say but it's scary to trade full time wihtout knowing a pay cheque coming for sure. lol

Best Regards
TheChosenOne

Hello Langlui,

I have been MIA by order from my boss to focus on my job instead of taking time out trading stock on the job. I miss the folks here and the market action too. I am thinking trading full time again early next year if situation allowed me to. My passion and my soul belong to the stock market and that's where I suppose to be, lol. Hope we will meet again soon when I am free. Take cake and wish you the best. Here are some of my favorite music video for you :

Re: AIB


Seems there is more upside potential for the days to come but next time I will buy IRE instead. Just look at both performance today and you will know what I mean.


Best Regards
TheChosenOne

I am still holding my AIB till it hit my target price. I should learnt my lesson after all this years of trading, patience is everything. Well, you will catch another good one with your skill. Just enjoy the profit you took. Happy trading.

Best Regards
TheChosenOne

Wow, look at IRE again ~~~ $1.51


It is one HOT stock for sure !

AIB ~~~~~~~~ $2.06


Allied Irish Banks, p.l.c., together with its subsidiaries, provides retail and corporate banking, investment banking, and asset management services in the Republic of Ireland and internationally. The company accepts demand deposits, time deposits, and current accounts, as well as provides lending services. It offers issue of mortgage covered securities for the purpose of financing loans secured on residential property or commercial property; leasing products; general insurance services; offshore banking services, including lending and Internet banking facilities, as well as offshore trust and corporate services; asset management, fund management, and corporate advisory services, including equity investment; corporate advisory services to companies, including merger, acquisition, capital raising, and strategic financial advice; and outsourced financial services to international banks and corporations. In addition, the company offers specialist services comprising home mortgages, credit cards, invoice discounting, asset finance, loans and overdrafts, payment services, and foreign exchange services; and electronic banking services, which facilitate account accessibility via telephone, mobile phone, and the Internet. The company was founded in 1825 and is headquartered in Dublin, the Republic of Ireland

AIB ~~~~~~~~ $2.06


It will be even more sweet if I could sold it the same day I entered and then buy it back on the next couple trding day, lol

AIB ~~~~~~~~ $1.92


Allied Irish Banks, p.l.c., together with its subsidiaries, provides retail and corporate banking, investment banking, and asset management services in the Republic of Ireland and internationally. The company accepts demand deposits, time deposits, and current accounts, as well as provides lending services. It offers issue of mortgage covered securities for the purpose of financing loans secured on residential property or commercial property; leasing products; general insurance services; offshore banking services, including lending and Internet banking facilities, as well as offshore trust and corporate services; asset management, fund management, and corporate advisory services, including equity investment; corporate advisory services to companies, including merger, acquisition, capital raising, and strategic financial advice; and outsourced financial services to international banks and corporations. In addition, the company offers specialist services comprising home mortgages, credit cards, invoice discounting, asset finance, loans and overdrafts, payment services, and foreign exchange services; and electronic banking services, which facilitate account accessibility via telephone, mobile phone, and the Internet. The company was founded in 1825 and is headquartered in Dublin, the Republic of Ireland

AIB ~~~~~~~~~ $1.92


Allied Irish Banks, p.l.c., together with its subsidiaries, provides retail and corporate banking, investment banking, and asset management services in the Republic of Ireland and internationally. The company accepts demand deposits, time deposits, and current accounts, as well as provides lending services. It offers issue of mortgage covered securities for the purpose of financing loans secured on residential property or commercial property; leasing products; general insurance services; offshore banking services, including lending and Internet banking facilities, as well as offshore trust and corporate services; asset management, fund management, and corporate advisory services, including equity investment; corporate advisory services to companies, including merger, acquisition, capital raising, and strategic financial advice; and outsourced financial services to international banks and corporations. In addition, the company offers specialist services comprising home mortgages, credit cards, invoice discounting, asset finance, loans and overdrafts, payment services, and foreign exchange services; and electronic banking services, which facilitate account accessibility via telephone, mobile phone, and the Internet. The company was founded in 1825 and is headquartered in Dublin, the Republic of Ireland

Re: ZN


Hi Glassy,

The first gap down was on July 5th, is it negative or positive for the furure chart development ? Will watch it carefully. Thanks a lot.


Best regards
TheChosenOne

RE: AIB


Sorry, the web link to the song is here --->

Re: AIB


I am still waiting for AIB to hit my target ( $2.35 ~ $2.45 ). I won't be able to post here too often because my boss found out I trading stock during office hours couple months ago. Wish you the best and happy trading.

Best Regards
TheChosenOne


ps a cold joke for you :

If I have held both ...

WAMUQ and JVA for couple months, I will be a very happy trader. I am trying to hold AIB that I bought today and see if I have the luck this time.

Best regards
TheChosenOne

BQI ~~~~~~~~ up 56%


Glassy, excellent alert, good job !

Best Regards
TheChosenOne

1st target $2.45; 2nd target $4.00


I don't think we are asking for too much, this is my very conservative guesstimation.

Happy Trading
TheChosenOne

AIB ~~~~~~~~ $2.01 "Ireland's banks pass European stress tests-c.bank"


DUBLIN, July 15 | Fri Jul 15, 2011 12:07pm EDT

DUBLIN, July 15 (Reuters) - Ireland's beleaguered lenders have passed a pan-European stress test, as expected, after undergoing an earlier assessment as part of an EU-IMF bailout that put the final bill for shoring up the sector at an eye-watering 70 billion euros.

The country's central bank said on Friday that Bank of Ireland , Allied Irish Banks and Irish Life & Permanent had passed the European Banking Authority (EBA) stress test.

Years of reckless lending and a devastating property crash brought Ireland's banks to the brink of collapse forcing the country to accept an 85 billion euros rescue package last autumn.

Under the Irish stress tests, which were designed to "overcapitalise" the sector and to be closely in line with the EBA tests, the core tier one capital requirement was 6 percent under an adverse scenario compared to the EBA's 5 percent. (Reporting by Lorraine Turner; Editing by Conor Humphries)

Thank you for the info ...


That article on Jul 6th already shaved 22% off AIB's share price. Now I am trying to trade on the latest hope create by European Commission, I strongly believe there is still more room for the AIB upside move to come. JMHO


Best Regards
TheChosenOne

AIB ~~~~~~~~ $1.98 !!!

AIB ~~~~~~~~ $1.97 !!!

AIB ~~~~~~~~ HOD $1.96 !

Re: AIB


It may be too late to wait until the end of July to take action. I am a risk taker and I don't think EU will let Ireland going down no matter what the revamp plan look like. JMHO

Re: AIB


I am more interest in the statement of " Approved recapitalisation up to 13.1 bln euros " which sounds supportive to this ailing AIB share price. JHMO

Best Regards
TheChosenOne

Re: AIB



I traded AIB on the news release this morning :-


UPDATE 1-EU clears Allied Irish/EBS recapitalisation

LONDON | Fri Jul 15, 2011 6:37am EDT

LONDON Jul 15 (Reuters) - * Approved recapitalisation up to 13.1 bln euros

* AIB will need to present revamp plan by end-July

* Overhaul must secure long-term viability

(Adds details)

BRUSSELS, July 15 (Reuters) - Irish state-owned lender Allied Irish Banks , which will merge with Educational Building Society, has won conditional approval from the European Commission for a capital injection of up to 13.1 billion euros ($18.5 billion).

AIB and EBS were nationalised last year after taking billions of euros in government aid to plug capital shortfalls. Dublin plans to create two pillar banks from the wreckage of the country's banking system.

"The (European) Commission found the measure to be necessary to increase the bank's solvency ratios, to enable it to resist stress situations, and to preserve stability on the Irish financial markets," the EU executive said in a statement on Friday.

"For the combined entity (AIB/EBS), the recapitalisation needs are 13.2 billion euros in core Tier 1 and 1.6 billion euros in contingent capital," it said.

The watchdog said Allied Irish will need to submit a revised restructuring plan by the end of the month to ensure its long-term viability and show shareholders and subordinated debt holders adequately share the burden.

A final decision on whether to clear the billions of euros in state aid granted to the lender will depend on the revamp plan complying with these objectives.

Last month the Commission cleared Ireland's plan to wind down failed lender Anglo Irish Bank and the Irish Nationwide Building Society . ($1=.7070 euros) (Reporting by Foo Yun Chee; Editing by Greg Mahlich)

AIB ~~~~~~~~ $1.71


UPDATE 1-EU clears Allied Irish/EBS recapitalisation

LONDON | Fri Jul 15, 2011 6:37am EDT

LONDON Jul 15 (Reuters) - * Approved recapitalisation up to 13.1 bln euros

* AIB will need to present revamp plan by end-July

* Overhaul must secure long-term viability

(Adds details)

BRUSSELS, July 15 (Reuters) - Irish state-owned lender Allied Irish Banks , which will merge with Educational Building Society, has won conditional approval from the European Commission for a capital injection of up to 13.1 billion euros ($18.5 billion).

AIB and EBS were nationalised last year after taking billions of euros in government aid to plug capital shortfalls. Dublin plans to create two pillar banks from the wreckage of the country's banking system.

"The (European) Commission found the measure to be necessary to increase the bank's solvency ratios, to enable it to resist stress situations, and to preserve stability on the Irish financial markets," the EU executive said in a statement on Friday.

"For the combined entity (AIB/EBS), the recapitalisation needs are 13.2 billion euros in core Tier 1 and 1.6 billion euros in contingent capital," it said.

The watchdog said Allied Irish will need to submit a revised restructuring plan by the end of the month to ensure its long-term viability and show shareholders and subordinated debt holders adequately share the burden.

A final decision on whether to clear the billions of euros in state aid granted to the lender will depend on the revamp plan complying with these objectives.

Last month the Commission cleared Ireland's plan to wind down failed lender Anglo Irish Bank and the Irish Nationwide Building Society . ($1=.7070 euros) (Reporting by Foo Yun Chee; Editing by Greg Mahlich)

AIB ~~~~~~~~ $1.71


UPDATE 1-EU clears Allied Irish/EBS recapitalisation

LONDON | Fri Jul 15, 2011 6:37am EDT

LONDON Jul 15 (Reuters) - * Approved recapitalisation up to 13.1 bln euros

* AIB will need to present revamp plan by end-July

* Overhaul must secure long-term viability

(Adds details)

BRUSSELS, July 15 (Reuters) - Irish state-owned lender Allied Irish Banks , which will merge with Educational Building Society, has won conditional approval from the European Commission for a capital injection of up to 13.1 billion euros ($18.5 billion).

AIB and EBS were nationalised last year after taking billions of euros in government aid to plug capital shortfalls. Dublin plans to create two pillar banks from the wreckage of the country's banking system.

"The (European) Commission found the measure to be necessary to increase the bank's solvency ratios, to enable it to resist stress situations, and to preserve stability on the Irish financial markets," the EU executive said in a statement on Friday.

"For the combined entity (AIB/EBS), the recapitalisation needs are 13.2 billion euros in core Tier 1 and 1.6 billion euros in contingent capital," it said.

The watchdog said Allied Irish will need to submit a revised restructuring plan by the end of the month to ensure its long-term viability and show shareholders and subordinated debt holders adequately share the burden.

A final decision on whether to clear the billions of euros in state aid granted to the lender will depend on the revamp plan complying with these objectives.

Last month the Commission cleared Ireland's plan to wind down failed lender Anglo Irish Bank and the Irish Nationwide Building Society . ($1=.7070 euros) (Reporting by Foo Yun Chee; Editing by Greg Mahlich)

Stock Alert ~~~~~~~~ AIB


Allied Irish Banks, p.l.c., together with its subsidiaries, provides retail and corporate banking, investment banking, and asset management services in the Republic of Ireland and internationally. The company accepts demand deposits, time deposits, and current accounts, as well as provides lending services. It offers issue of mortgage covered securities for the purpose of financing loans secured on residential property or commercial property; leasing products; general insurance services; offshore banking services, including lending and Internet banking facilities, as well as offshore trust and corporate services; asset management, fund management, and corporate advisory services, including equity investment; corporate advisory services to companies, including merger, acquisition, capital raising, and strategic financial advice; and outsourced financial services to international banks and corporations. In addition, the company offers specialist services comprising home mortgages, credit cards, invoice discounting, asset finance, loans and overdrafts, payment services, and foreign exchange services; and electronic banking services, which facilitate account accessibility via telephone, mobile phone, and the Internet. The company was founded in 1825 and is headquartered in Dublin, the Republic of Ireland.

Stock Alert ~~~~~~~~ AIB


Allied Irish Banks, p.l.c., together with its subsidiaries, provides retail and corporate banking, investment banking, and asset management services in the Republic of Ireland and internationally. The company accepts demand deposits, time deposits, and current accounts, as well as provides lending services. It offers issue of mortgage covered securities for the purpose of financing loans secured on residential property or commercial property; leasing products; general insurance services; offshore banking services, including lending and Internet banking facilities, as well as offshore trust and corporate services; asset management, fund management, and corporate advisory services, including equity investment; corporate advisory services to companies, including merger, acquisition, capital raising, and strategic financial advice; and outsourced financial services to international banks and corporations. In addition, the company offers specialist services comprising home mortgages, credit cards, invoice discounting, asset finance, loans and overdrafts, payment services, and foreign exchange services; and electronic banking services, which facilitate account accessibility via telephone, mobile phone, and the Internet. The company was founded in 1825 and is headquartered in Dublin, the Republic of Ireland.

JVA ~~~~~~~~ $13.75

JVA ~~~~~~~~~ $12.58


Wil be really busy at work for the next couple months.

Best Regards
TheChosenOne