ShareJunction - Member Posts

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I strongly believe this counter is a good buy now and to park in your money at this point in time (better than chasing after stocks and end up getting caught with the pants down and burnt) for the mid to long-term for those who can see value in it and with patience as it has good FA (as at this point in time) but not for those who are short-term speculative trader mindset, however, dyodd n BOSAYOR and set your stop-loss as nothing is guaranteed.

Hulumas ( Date: 19-Oct-2009 10:53) Posted:

Today I buy some at Sgd. 0.875.

richtan ( Date: 19-Oct-2009 10:48) Posted:

"Trade Summary" at this point in time shows buying-up is gradually increasing (now almost doubled the sell-down), but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:

5EN (MIDAS)

WEIGHTED AVG PRICE : 0.8704	LAST DONE PRICE : 0.880
SPREAD/PRICE RATIO : 0.0057	AVG TRADE SIZE : 24

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Last

Trades

Vol

BuyVol

Mid

SellVol

0.865

12

219

0

0.870

13

383

0

383

0.875

10

274

96

0

178

0.880

2

12

0

12

TOTAL

37

888

315

0

573

x 0

"Trade Summary" at this point in time shows buying-up is gradually increasing (now almost doubled the sell-down), but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:

5EN (MIDAS)

WEIGHTED AVG PRICE : 0.8704	LAST DONE PRICE : 0.880
SPREAD/PRICE RATIO : 0.0057	AVG TRADE SIZE : 24

< />

Last

Trades

Vol

BuyVol

Mid

SellVol

0.865

12

219

0

0.870

13

383

0

383

0.875

10

274

96

0

178

0.880

2

12

0

12

TOTAL

37

888

315

0

573

x 2

x 1

Hi niuyear,

It is indeed interesting bcos if u know how to interpret it n combine with the vol, it reveals the sentiments of buyers and sellers tug-of-war.

In fact, I had created 3 threads dedicated to newbies under "General", "Trading Techniques":

1. "Learning TA" - websites where u can learn TA, inclusive of candlestick charting for free (but of course, TA is not infallible, thus need to set stop-loss)

2. "Some recommended good Trading and TA books" - 2 of which are "Japanese Candlestick Charting" by Steve Nison and "Candlestick Charting Explained by Gregory L. Morris", of course u can also buy TA books.

3. "Advices to newbies" particular the 3 golden mantras (which I formulated, distilled n condensed based on all my past knowledge n read-ups).

niuyear ( Date: 19-Oct-2009 10:34) Posted:

richtan

Candlesticks is interesting. I chance upon the website and was reading it and find it amazing. :)

richtan ( Date: 19-Oct-2009 09:34) Posted:

Stop-loss points are individual decisions and may take the following factors into consideration:

(1) Ability to read and interpret the candlesticks for reversal pattern.

(2) Individual threshold of pain (risk tolerance), ability to stomach up to what percentage of losses.

(3) Whether is a trader (short-term/mid-term) or investor (long-term) willing to ride thru the correction.

(4) Risk/reward ratio, whether price is near all-time low with limited downside risk and losses or price near or at all-time high with perceived higher risk than reward.

x 2

x 1

"Trade Summary" at this point in time shows extremely heavy buying-up(more than tripled the sell-down), but of course, nothing is guaranteed, may change,
so dyodd n BOSAYOR:

5GJ (AusGroup)

WEIGHTED AVG PRICE : 0.7231	LAST DONE PRICE : 0.725
SPREAD/PRICE RATIO : 0.0069	AVG TRADE SIZE : 53.373

< />

Last

Trades

Vol

BuyVol

Mid

SellVol

0.715

1

5

0

0.720

21

1,046

352

0

694

0.725

29

1,671

315

0

1,356

TOTAL

51

2,722

672

0

2,050

x 2

x 1

Stop-loss points are individual decisions and may take the following factors into consideration:

(1) Ability to read and interpret the candlesticks for reversal pattern.

(2) Individual threshold of pain (risk tolerance), ability to stomach up to what percentage of losses.

(3) Whether is a trader (short-term/mid-term) or investor (long-term) willing to ride thru the correction.

(4) Risk/reward ratio, whether price is near all-time low with limited downside risk and losses or price near or at all-time high with perceived higher risk than reward.

jackjames ( Date: 19-Oct-2009 08:52) Posted:

based on your chart, where is the stop-loss trigger point?

richtan ( Date: 19-Oct-2009 00:21) Posted:

It is still too early to say tat the cup has lost its handle as handles can at times look tricky and complex and may have deeper correction to shake out the faint-hearted and weak holders b4 completing the handle, but of course, there is also a possibillity in the near future tat the handle may fail, as nothing is guaranteed, thus why it is impt to set stop-loss

x 1

It is still too early to say tat the cup has lost its handle as handles can at times look tricky and complex and may have deeper correction to shake out the faint-hearted and weak holders b4 completing the handle, but of course, there is also a possibillity in the near future tat the handle may fail, as nothing is guaranteed, thus why it is impt to set stop-loss.

thomas_low ( Date: 16-Oct-2009 23:03) Posted:

Cup looks like it has lost its handle.....it will drift down ....slowly.....but surely

x 1

Below is my 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 intentionally rating it as "bad post", this is not cursing but Buddhism beliefs tat intentional bad deeds will accumulate for yourself and possibly 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.

x 0

Below is my long term weekly 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 intentionally rating it as "bad post", this is not cursing but Buddhism beliefs tat intentional bad deeds will accumulate for yourself and possibly 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.

x 1

x 0

Below is my 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 intentionally rating it as "bad post", this is not cursing but Buddhism beliefs tat intentional bad deeds will accumulate for yourself and possibly 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.

x 0

Below is my 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 intentionally rating it as "bad post", this is not cursing but Buddhism beliefs tat intentional bad deeds will accumulate for yourself and possibly 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.

x 0

Hi chris,

Thank u... thk u... certainly it will comes in handy liow for those tat are a "pain in the ass" Smiley Smiley Smiley

Same to u, have a good weekend

Cheers

chris168 ( Date: 16-Oct-2009 21:57) Posted:

Hohoho, that certainly looks like it! YOU are really something. It also shows that if one set his mind on a thing ..... seek and he will find.

Have a good weekend.

richtan ( Date: 16-Oct-2009 15:07) Posted:

Hi chris168,

I hope I found it, does this qualify as "pain in the ass" smiley: Smiley

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Hi jackpot2010,

Just fyi, their pricing for aluminium is on a cost-plus basis, so whether aluminium price up or down does not affect their bottom-line.

Jackpot2010 ( Date: 16-Oct-2009 15:10) Posted:

Getting contract is one thing but making profit on those contract is another. No one knows if their tender price was profitable under fierce competition + alumimium prices keep going up - will it hurt bottom-line down the road? What research analysts do is to write about contract award but clueless on its bottomline impact. Beware!

limkt009 ( Date: 16-Oct-2009 14:07) Posted:

Given Midas' recent success in contract ....Do you think it is still ok to loadup. Some are mentioning TP of $1.00.

x 0

"Trade Summary" at this point in time shows extremely heavy buying-up, but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:

5GJ (AusGroup)

WEIGHTED AVG PRICE : 0.7266	LAST DONE PRICE : 0.735
SPREAD/PRICE RATIO : 0.0068	AVG TRADE SIZE : 45.365

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Last

Trades

Vol

BuyVol

Mid

SellVol

0.715

1

10

0

0.720

109

3,161

1,245

0

1,916

0.725

15

1,840

501

0

1,339

0.730

28

1,949

90

0

1,859

0.735

47

2,113

20

0

2,093

TOTAL

200

9,073

1,866

0

7,207

x 0

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x 2

Hi chris168,

I hope I found it, does this qualify as "pain in the ass" smiley: Smiley

richtan ( Date: 16-Oct-2009 15:03) Posted:

Smiley Smiley Smiley

hahaha... no promise, I try to, in case i too pre-ocuppied or overlooked.

Oh yah, trying extremely hard to dig dig for tat "pain in the case" smiley, will comes in handy lor.

chris168 ( Date: 16-Oct-2009 14:58) Posted:

Ha ha, promise!!

The kissing one hor. Dun hardworking go and dig dig and somehow dig out the "pain in the ass" weepy! hehehe ....

x 1

Smiley Smiley Smiley

hahaha... no promise, I try to, in case i too pre-ocuppied or overlooked.

Oh yah, trying extremely hard to dig dig for tat "pain in the case" smiley, will comes in handy lor.

chris168 ( Date: 16-Oct-2009 14:58) Posted:

Ha ha, promise!!

The kissing one hor. Dun hardworking go and dig dig and somehow dig out the "pain in the ass" weepy! hehehe ....

richtan ( Date: 16-Oct-2009 14:13) Posted:

Great!! Smiley Smiley Smiley

I will try to post tat kissing scene Smiley again when Mr. flirt STI kiss goodbye to his new flirt, Miss 2800 goodbye, hahaha

Too bad, there is no "pain in the ass" smiley, otherwise it would comes in handy.

x 2

Great!! Smiley Smiley Smiley

I will try to post tat kissing scene Smiley again when Mr. flirt STI kiss goodbye to his new flirt, Miss 2800 goodbye, hahaha

Too bad, there is no "pain in the ass" smiley, otherwise it would comes in handy.

chris168 ( Date: 16-Oct-2009 12:53) Posted:

I do agree with Bon3260. Going against each other is not constructive. Risktaker brings different perspective from the BB or whatever he represents. We choose what to believe what benefits, what to chuck aside as trash. We are our own mind.

We should embrace different views. If everybody think the same, do the same, how boring can that be! Disagree with others from time to time is part and parcel of life.

Richtan's dilligent TA post benefits many. But I especially like that kiss lingering kiss Ms2600 goodbye post. It was so fun and good.

Let the forum flourish with people voicing their joy, trepidation, grouse .... unselfishly posting the lastest news, TA, EW, sharing ideas etc ...

Live and let live.

Bon3260 ( Date: 16-Oct-2009 09:16) Posted:

Hi richtan & ristaker, sori & no offence huh. Sm pple said ShareJunction's a cheapo website 2 view cos free website mah needn't 2 pay. But I myself really dun think so lor... Those outside pple'll laugh @ us if we fights against each other. But, wat do u think if we hand in hand 2gether? & make money 2gether? Wat'll outside pple c us aft dat? Find 1 day we arrange karaoke session wat u all think... Ask all our ShareJunction users along... Hehehehe... Of cos lah, go dutch lah..

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x 1

"Trade Summary" at this point in time still shows more buying-up (very resilent with profit-taking well absorbed) , but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:

5GJ (AusGroup)

WEIGHTED AVG PRICE : 0.7234	LAST DONE PRICE : 0.720
SPREAD/PRICE RATIO : 0.0069	AVG TRADE SIZE : 35.211

< />

Last

Trades

Vol

BuyVol

Mid

SellVol

0.715

1

10

0

0.720

80

2,334

977

0

1,357

0.725

11

613

421

0

192

0.730

22

1,057

70

0

987

TOTAL

114

4,014

1,478

0

2,536

x 2

x 1

Read today's Straits Times "money" pg C19:

"Still a lot of life in this bull mkt rally"

x 2

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From AM Fraser:

Another Another exciting earnings driven rally could be in store but index gains unlikely to match April to May 34% breakout from 1700 to2300
and July to early August 21% rally from 2200 to 2700.

Being rather top-heavy in terms of index gains, up 88% from 1455 to2740 today, the market has not made a decisive breakout unlike the
last 2 reporting periods which saw spectacular surges.

Still the relatively minor breakout to new 2739.55 intra-day high today has met the lower end of 2740-60 interim objective and is a
good indicator that the STI is on course to test 2900 target area by year-end or early 2010.

Considering the tough 2700-2760 area which contains the last two support levels in early 2008 as well as the starting point of last
year’s September crash (from 2763 high) the market has taken time to build a strong base around 2550-2650 in last 2 months with low
at 2521 and high at 2707.

The long wait to finally clear 2700 is worth it and coming so early in the current earnings season raises hopes for a test of year-end
2900-3000 target as early as by mid-Nov when the season ends.

Besides acting as a historic hurdle (2892-2919) the 2900 area also marks the earlier starting point of the last leg of crash at
end-July when STI stood at 2929 vs 2763 when crash accelerated in early Sept.

Just like 2643 ie the half way mark between 3831 peak and 1455 bottom has seen the index see-sawing for several weeks up to this week,
the Fibonacci 61.8% mark of 2923 could be as tough or even harder than 2643 to be finally surmounted.

It may take 2 months or more of a higher consolidation base around 2650-2750 with downside/upside capped around 50 points before the
breakout to 2900 takes place.

By then it would be almost year-end, just nice for a pre-Xmas/ New Year rally. The modest 6.3% run-up from 2577 on Oct 5 to 2739.55
today should encourage sidelined players (seen from the lower turnovers amongindex heavyweights) to be more decisive when the
usual minor 2-4% pullbacks take place during the next 3-4 weeks or later after theearnings season ends when there could be a
short-lived lull in second half of Nov to early Dec before the year-end rally begins.