Latest Posts By richtan
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About richtan
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| 07-Aug-2009 11:35 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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yes, I do look left n right n see everthing but I m a hardcore staunch believer of TA for more than 20 yrs n ultimately trade based on TA, nothing will sway my decision n believe.
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| 07-Aug-2009 11:33 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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Hehehe... maybe u forgot to also wear green underwear or panties lah
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| 07-Aug-2009 11:11 |
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Market News that affect STI
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Alemak, dun know wat happens to the copy n paste, always create so much problem, retry from copy n paste from notepad: Research Weekly Asia We expect the liquidity rally in Hong Kong to sustain strength https://mail.google.com/mail/?ui=1&view=att&th=122f26af75fbbe33&attid=0.1&disp=vah&realattid=0.1&zw |
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| 07-Aug-2009 11:07 |
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Market News that affect STI
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Research Weekly Asia
We expect the liquidity rally in Hong Kong to sustain strength
https://mail.google.com/mail/?ui=1&view=att&th=122f26af75fbbe33&attid=0.1&disp=vah&realattid=0.1&zw |
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| 07-Aug-2009 11:01 |
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Bear Or Bull ?
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U r right, I m happily fishing now during this moment of fire-sale.
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| 07-Aug-2009 10:58 |
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Bear Or Bull ?
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Have a fighting spirit, just a little setback n u are so demoralised. Remember the National Day song: "There was a time when people said S'pore can't make it but we did", we have that fighting spirit. I never jumped down from the tallest building when I once lost more than 50,000 but chose to wise up, learnt my lessons, learned TA n money management n resolved to fight back n recoup all my losses.
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| 07-Aug-2009 10:50 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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MFT, didn't know jade is the barometer n MFT of STI
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| 07-Aug-2009 10:43 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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Wow!!! STI touched the 15ema n bounced up, hope the 15ema provides support. | ||||
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| 07-Aug-2009 10:39 |
Midas
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Midas
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Look at the general mkt, now a sea of red except a few green, so not surprising for Midas to follow but when mkt recovers, it will go up again.
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| 07-Aug-2009 10:35 |
Midas
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Midas
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Basically, nothing wrong with Midas, it is down just bccos of mkt corrections, believe in the strong FA, if have holding power, will one day break 89 n go even higher unless whole mkt crash. To me, it is more of a fire-sale, I m buying more again n prepared to exit if later I spot any reversal sign.
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| 07-Aug-2009 10:29 |
Midas
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Midas
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It may or may not go down to touch 82, confluence of past resistance turned support n the 25ema. As I said, never be emotional, if enter, set stop-loss. If entered, go up, happy but if go down, just cut-loss. Trading is like going to war, got loss n got make but make sure cut loss short n let profit runs with trailing stops (one of the golden mantras). Dyodd n BOSAYOR
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| 07-Aug-2009 09:34 |
Midas
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Midas
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Never mind, tats history, past, look forward n learn from mistake. I, too was once extremely more stupid than u were, but if I can recover n wise up, so can u. As I said, click on my nick n read my past advices to newbies, my golden mantras I learnt from TA books n "Learning TA" thread specially created with newbies in mind, it will stand u in good stead Dun be emotional in trading. IMO. it is still not too late to catch back, but as usual dyodd n BOSAYOR.
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| 07-Aug-2009 00:24 |
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DOW
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Hehehe.... your boss must be "short-short", tats why always like to short, one day kena shot.
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| 07-Aug-2009 00:14 |
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Market News that affect STI
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I knew tat, I m sharing with u n fellow forumers to hv diverse views n form our own judgement. I dun believe in any single one, I just read widely for info n ultimately, still trade based on my own TA analysis, be it right or wrong as I set my stop-loss n let my profits ride with trailing stops.
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| 07-Aug-2009 00:05 |
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DOW
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Tell your boss to listen to the talk below, dun anyhow short, wait kena shot, "chow tar" or "or bak kat" Listen to Larry talk on gold, DOW n China mkt: Dow Gives Monthly Buy Signal ... .
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| 06-Aug-2009 23:41 |
AusGroup
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AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m
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Below is my daily chart analysis for sharing and exchange pointers. My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA. If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start making unconstructive comments and plse do not be so childish or lunatic as to abuse the rating system by rating it as "bad post", accumulating for yourself and your next generation, "bad" karma for your "bad" deeds. If u think it is a bad post, then be constructive and kindly post your TA for sharing. This is only my view n I may be right or wrong, so dyodd and SOBAYOR. 
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| 06-Aug-2009 23:36 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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Listen to the talk on DOW, gold, oil n China mkt: Dow Gives Monthly Buy Signal ... by Larry Edelson In this week's video, I review the important monthly buy signal the Dow just hit last Friday, plus what's happening in gold, oil, the dollar, and more. To check out the video, click here now. Best, Larry |
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| 06-Aug-2009 23:34 |
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Market News that affect STI
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Cheongwee, Hv u listen to Larry's talk in my below posting
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| 06-Aug-2009 23:29 |
Sakari
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Straits Asia
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No lah, SAR is non human, how to HIV +ve, in TA term, it means open low, close high. But if any correction, IMO, should be brief with support at around the 15ema, and also I maybe wrong, so dyodd n BOSAYOR.
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| 06-Aug-2009 23:26 |
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U.S. Initial Jobless Claims Fall More Than Projected (Update2) By Bob Willis Aug. 6 (Bloomberg) -- The number of Americans filing claims for jobless benefits fell more than economists predicted, a sign some employers have stopped paring staff as the recession eases. Applications dropped by 38,000 to 550,000 in the week ended Aug. 1, figures from the Labor Department showed today in Washington, the fifth straight time claims were under 600,000 after being above that level since January. The total number of people collecting unemployment insurance rose. The pace of job cuts isn’t slowing fast enough to keep unemployment from rising. A report tomorrow will show the jobless rate jumped to the highest in 26 years in July, economists surveyed by Bloomberg News predict. Stagnating wages and falling home values also mean consumer spending, about 70 percent of the economy, will be slow to recover. “These numbers signal the worst is behind us, but we are not out of the woods yet,” said David Semmens, an economist at Standard Chartered Bank in New York. “We are not going to see strong consumer spending with numbers that look like this.” Economists forecast claims would drop to 580,000 from a previously estimated 584,000, according to the median of 40 projections in a Bloomberg News survey. Estimates ranged from 550,000 to 600,000. The four-week moving average, a less-volatile measure than weekly initial claims, fell to 555,250 from 560,000 the prior week. Continuing Claims The level of continuing claims increased by 69,000 to 6.31 million in the week ended July 25. The unemployment rate among people eligible for benefits, which tends to track the jobless rate, held at 4.7 percent in the week ended July 25. Eight states and territories reported an increase in new claims, while 45 reported a decrease. These data are also reported with a one-week lag. U.S. employers have eliminated 6.5 million positions since the recession began in December 2007, the most of any downturn since the Great Depression. The Labor Department will probably report tomorrow that the economy lost 328,000 jobs in July, according to economists surveyed by Bloomberg, following a decline of 467,000 in June. The jobless rate probably rose to 9.6 percent from 9.5 percent, the survey showed. Tide ‘Turning’ “The pace of job declines that we experienced in the last several months certainly was unsustainable and it looks like now the tide is turning,” said Carl Riccadonna, a senior economist at Deutsche Bank Securities Inc. in New York. He called 600,000 weekly jobless claims “a key level in the current environment” because they were higher for more than five months until early July. Many companies continue to cut jobs and hours even as economists forecast a return to growth in the current quarter. General Motors Co. may have to cut more U.S. hourly jobs after an offer of buyouts and early retirements fell about 7,500 workers short of the reorganized automaker’s target, Sherrie Childers Arb, a spokeswoman, said in an interview on Aug. 3. She made the remarks after GM announced that more than 6,000 United Auto Workers members, or 11 percent of the hourly workforce, left the company Aug. 1. GM’s latest voluntary exits pushed the total of U.S. hourly workers leaving through buyouts and retirement offers to about 66,000 since 2006. The biggest domestic automaker is shrinking its workforce to match reductions including the shutdown of 14 U.S. plants and 3 warehouses by the end of 2011. Auto Bankruptcies Jobless claims tend to be volatile in late June and July when automakers typically halt production and idle workers to re-equip factories to build new models. GM and Chrysler Group LLC halted production earlier than usual as they worked through bankruptcy proceedings. GM emerged from bankruptcy last month and Chrysler did the same in June. Buckeye Partners LP, the Breinigsville, Pennsylvania-based operator of U.S. oil- and gas-product pipelines, said July 20 that it will eliminate about 260 jobs, or 25 percent of its workforce, because of the “current economic environment” and may sell a conduit in the U.S. West. “We must continuously challenge ourselves, particularly in the current economic environment, to ensure that we are positioned to generate the highest utilization of our assets at the lowest cost,” Forrest E. Wylie, chief executive officer of Buckeye’s general partner, said in a statement on July 20. To contact the reporter on this story: Bob Willis in Washington bwillis@bloomberg.net Last Updated: August 6, 2009 10:22 EDT |
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