Trading pyscology... Be the Lord of The Ring?

Ok.. I had made my exit plan. Its time to test my physcology wheter i can carry out as per plan. Exit C, then close the position in bursa without losses


Always tell myself that trading is full of fear and greed. Be the lord of the Ring. Not to control by the ring. Shan always told me that believe in myself ... she is sure i can do it. One day, i want to be the real investment Guru.

Need to draw a plan, trading strategy, cant blindly follow the good/bad news from the market. I will exit, if so lucky to have chance for it to reach 5 dollar. Im selling doesnt mean that i wont buy back, maybe i would buy back someday?

waiting... is a part of life, waiting and holding is a pratice in stocks, be tough my dear friends

Citi News

An encouraging news from Citi.

Citigroup Inc (NYSE:C) stock is maintaining its strength, after the Fed announced it would hold the line on interest rate hikes. Now the big question for investors seems to concern what Citigroup plans on doing for profit. The winds of financial regulation are blowing mightily through Washington, so cautious investors wonder just how this will affect Citigroup. The financial regulation that is expected to come later hasn’t hit just yet. Therefore Citigroup is maintaining certain proprietary trading operations that are contributing to the bottom line. Citigroup moved most of these units to Citi Holdings, where they’re not expected to get any additional capital from C, but in the mean time some of these units are still making money. Financial regulation could bring an end to these operations forever, but in the mean-time, a company has gotta eat,” Steve Ferguson Reports From Times Of The Internet.

Ferguson goes on to say, “One sector that Citi wants to earn more money from is the hot-earning ETF division. ETFs are now extremely popular with investors and Citigroup is upgrading its back office support for the products. Yesterday the company announced its appointment of Jeffrey McCarthy as Global ETF Product Head in its Securities and Fund Services business (SFS).”
“With its global network and reach, Citi is uniquely positioned to help promote ETF product innovation and distribution in domestic and international markets,” said Neeraj Sahai, Global Head of Citi’s Securities and Fund Services, in a statement. “Jeff’s extensive market experience and product expertise will complement Citi’s emerging market capabilities and help enable our asset manager clients launch new ETF products on a comprehensive basis.”

“Citigroup already offers a dizzying array of services to the ETF sales channels, and looks ready to expand even further into the arena. With ETFs growing rapidly, Citi has identified the area as one with fast growth potential. In order to continue to engineer a turnaround, that’s exactly what C needs to do. They have to abandon the notions of what businesses were bringing in big cash in the past, and move on to greener pastures of what is actually making money now. Citi’s Global Transaction Services is one example of the reach the company still maintains. This division has over 65,000 customers and $12.1 trillion of assets under management,” Ferguson Reports.

Citi part2

I read some news in yahoo finance and the prediction of analyst in newspaper. Analyst predicted there will be 20billion earning in year 2012. How much it will value? earing 20billion eps = 1.00 dollar per share. using an average performance of a stocks on pe benchmark = 20. Share price should be around 20dollar. 20 Dollar in 2012? Yes , you hear me right. Wow, my 2600 share will value at 52000 USD if i hold till that time. which is equalvalent to RM176,800 in 2 years times. I started to day dreaming..... I think i better stop daydreaming and monitor closely when John Paulsen and Soros exit. God Bless Me. Amitabha!


Citigroup Inc. says it's heading back toward sustained profitability after two years that saw the bank lose billions of dollars and be bailed out by the government.

CEO Vikram Pandit said Thursday that Citigroup has overhauled its operations, shed money-losing businesses in the U.S. and shifted its focus overseas.

"Citi today is a fundamentally different company than it was two years ago," Pandit told an investor conference in New York. "We are well positioned to return to sustained profitability."

Investors embraced his bullish view, sending Citigroup shares up 5.6 percent to $4.18. The stock is up nearly 20 percent in the past week.

Pandit didn't give a timetable for returning to profitability. But he said Citigroup, the hardest hit U.S. bank during the credit crisis, sees big growth in emerging markets including Latin America and Asia, which generated about half of Citigroup's 2009 revenue.

In 2009, Citigroup lost $1.61 billion, or 80 cents per share. It lost $27.68 billion, or $5.61 per share in 2008. Most of the losses were from soured residential and other consumer loans.

Going forward, Pandit said the bank will focus on client businesses in three core areas of its Citicorp division -- investment banking, consumer banking and transaction services like credit cards.

Citigroup split itself into two parts last year -- Citicorp and Citi Holdings, the division holding noncore, riskier assets including the mortgage backed securities that undermined the bank and other financial institutions.

Pandit said the bank would continue selling off Citi Holdings, which had $547 billion worth of assets at the end of 2009.

His remarks came a year after reports surfaced that Citigroup had returned to profitability in the first two months of 2009. The reports sent the Dow Jones industrial average up 379 points on March 10, 2009, pulling the overall market off of its 12-year lows.

Citing Pandit's upbeat outlook, prominent banking analyst Dick Bove raised his price target on Citigroup's stock from $3.75 per share to $4.25.

"Mr. Pandit's concepts ... are simple: Grow overseas and cut back operations domestically. Focus on client profitability rather than product profitability," Bove wrote in a research note. "I believe this program will work."
Still, some analysts have expressed concern over how the bank will perform once it cuts ties with the government.

Citigroup received $45 billion in government bailout money at the height of the financial crisis. It raised $20 billion in December to help repay the money it received as part of the Troubled Asset Relief Program. The remaining $25 billion was converted to stock last fall, giving the government what is now a 27 percent ownership stake.