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Latest Posts By richtan - Supreme      About richtan
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30-Jun-2009 09:22 China Hongxing   /   Good News for China Hongxin       Go to Message
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Dyodd

newtothis      ( Date: 30-Jun-2009 08:41) Posted:



Are you guys ready :)

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30-Jun-2009 01:04 Midas   /   Midas       Go to Message
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Correction n pullback would be expected, good to accumulate on pullbacks to either 15ema, 25ema n 65ema for the mid to long term.

Those who intend to hold for the mid to long term n are willing to ride thru any corrections n accumulate more on dips, will be amply rewarded as Midas has more contracts coming n strong FA.



ozone2002      ( Date: 29-Jun-2009 22:48) Posted:



Technicals are screaming overbought positions..

Also take note the upward rise in price on falling vol..not a good sign for sustained price increases

DYODD

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30-Jun-2009 00:56 China Hongxing   /   Good News for China Hongxin       Go to Message
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He got his comeuppance in the end, as good as life-sentence, timely reminder to those evil-doers, evil deeds begets bad karma n their just desserts.

Bernard Madoff, 71, was sentenced to 150 years in prison after defrauding investors of billions in the largest
Ponzi scheme in history. He told U.S. District Judge Denny Chin he had no excuses. "I don't ask for any forgiveness," he said. Flanked by federal marshals, he sat silently as former investors assailed him for a fraud that cost many of them their life savings.
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30-Jun-2009 00:52 Others   /   DOW       Go to Message
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He got his comeuppance in the end, as good as life-sentence, timely reminder to those evil-doers, begets bad karma n their just desserts.
Bernard Madoff, 71, was sentenced to 150 years in prison after defrauding investors of billions in the largest
Ponzi scheme in history. He told U.S. District Judge Denny Chin he had no excuses. "I don't ask for any forgiveness," he said. Flanked by federal marshals, he sat silently as former investors assailed him for a fraud that cost many of them their life savings.
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30-Jun-2009 00:43 China Hongxing   /   Good News for China Hongxin       Go to Message
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Thanks  to tedlim_me, naka88, lawcheemeng, equator2010, weishen81, dealer0168 n many others tat show your appreciation to me.

I would sincerely appreciate tat all  fellow forumers who believe in righting such misleading insidous postings, be active instead of just a passive reader, lets stand united n expose n rebut such posting as I cant possibly one person fight this righteous calling against evil-doers alone for the betterment of this forum.

As I mentioned, I warmly welcome m are not against constructive, value-added, facts, figures posting but strongly detest one-liners, misleading, insidous postings tat could harm gullible newbies

I sincerely seek admin's kind understanding as I m doing it for the betterment of this forum so tat it is not degraded by such frivolous postings.



tedlim_me      ( Date: 29-Jun-2009 23:35) Posted:

lol.. newtothis.. help la help la.. 1 liner again.. :p

newtothis      ( Date: 29-Jun-2009 23:32) Posted:

China Sport > China Hongx


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30-Jun-2009 00:18 China Hongxing   /   Good News for China Hongxin       Go to Message
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Timely reminder to choonmmg n all newbies. Dyodd n dun listen n follow blindly, do it at your own risk as u can't claim your losses from him/her.

naka88      ( Date: 29-Jun-2009 22:53) Posted:

It is 0.175 today. It did not went the way you wanted it to go. :)

newtothis      ( Date: 29-Jun-2009 10:23) Posted:

Today China Hong will drop Below 0.170


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30-Jun-2009 00:03 China Hongxing   /   Good News for China Hongxin       Go to Message
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richtan      ( Date: 29-Jun-2009 23:35) Posted:

I m very glad to see tat u are looking at it from the FA, TA n mkt dynamics perspective.

My interpretation of these "more sellers than buyers" based on TA chart, is tat it naturally occurs during the last 2 weeks correction including today's correction.

In a correction, it is natural to have more sellers than buyers, thus why it causes it to corrects. 

In fact, unless if tomoro,  it closes below 17 cts, it would then be a reversal sign, otherwise it could be just some short-term correction pullback b4 it resumes the possible bullish continuation pattern.

This is just my interpretation, I maybe wrong or right, so dyodd



Andrew      ( Date: 29-Jun-2009 23:03) Posted:

I am trying to look at it from the FA, TA and Market Dynamics prospectives ...the 26S9B is not just today lor....for the last 2 weeks it has been like that.....more seller than buyer with exception to the 3 day where it rise from 12 to 18.   No good in a sense that it will be hard to flip up in near term.

TA you provided already......

FA wise.....no new announcement since May 13......the rest is what I mentioned previously.

BTW....CEO own 8.25%....



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29-Jun-2009 23:35 China Hongxing   /   Good News for China Hongxin       Go to Message
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I m very glad to see tat u are looking at it from the FA, TA n mkt dynamics perspective.

My interpretation of these "more sellers than buyers" based on TA chart, is tat it naturally occurs during the last 2 weeks correction including today's correction.

In a correction, it is natural to have more sellers than buyers, thus why it causes it to corrects. 

In fact, unless if tomoro,  it closes below 17 cts, it would then be a reversal sign, otherwise it could be just some short-term correction pullback b4 it resumes the possible bullish continuation pattern.

This is just my interpretation, I maybe wrong or right, so dyodd



Andrew      ( Date: 29-Jun-2009 23:03) Posted:

I am trying to look at it from the FA, TA and Market Dynamics prospectives ...the 26S9B is not just today lor....for the last 2 weeks it has been like that.....more seller than buyer with exception to the 3 day where it rise from 12 to 18.   No good in a sense that it will be hard to flip up in near term.

TA you provided already......

FA wise.....no new announcement since May 13......the rest is what I mentioned previously.

BTW....CEO own 8.25%....



richtan      ( Date: 29-Jun-2009 22:04) Posted:

Hi Andrew,

The buy/sell ratio should not just  be seen in isolation but has to be seen in the whole perspective, both FA n TA, is it a reversal, profit-taking, consolidation.

I do not make any buy, sell or tgt price call or advice.

I just purely analyse the chart based on my knowledge n interpretation n always mentioned dyodd.



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29-Jun-2009 23:17 China Hongxing   /   Good News for China Hongxin       Go to Message
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Much as I try to heed admin's advice n fellow forumers advice to ignore your posting n refrain replying, I feel the need to reply to set records straight.

I seek admin's n fellow forumers kind understanding of the plight I m in as a result of my sincere wish to protect gullible newbies by exposing such selfish "wolf-in-a-sheep-skin" posting for personal gain at the expense of others.

No doubt , u did not mentioned my name but cunningly enuf tat it is very obvious to forumers who have been following this saga tat your "some people/person" refers to.

U are very wrong, let me put the records straight, mind u I m not the person to start the name-calling, it is newtothis (n if I m not wrong, I suspect both of u might be the same person) tat did it, see below (who calls who "average trader" n "manipulators"), something must very wrong with your English.

I warmly welcome constructive, genuine, substantiated, alternative views but I strongly detest n wanted to expose those wild calls postings under the guise of BBs, emotional postings to incite fear or greed with insiduous motive, those "pied piper" postings hunting for sacrificial lambs - gullible newbies, whom I try very hard to protect as I was once also a newbie being misled n awaken.

I do not wish to see gullible newbies fall victim to these despicable characters.

newtothis      ( Date: 29-Jun-2009 10:42) Posted:

Nevermind I have no comments :) Your only just an average trader. Not Manipulators


anfield_76      ( Date: 29-Jun-2009 22:10) Posted:

woo... well said! good post for you... but some people/person will still say this say that and name calling etc. as long as anyone who presents something alternate, it's a bad thing :)

choonmng      ( Date: 29-Jun-2009 16:43) Posted:

Just trying to say something fair for newtothis. newtothis has been advising against buying when counter is dropping to 0.12 and indeed it went down to this level. Even before this counter rose to 0.18 newtothis has advised on the reversal to look out for. (i personally benefited from his calls)

No doubt newtothis did not share his source of information but i think at certain point we should be open that some in the forum may have access to information that will be beneficial for us which is not based on TA.



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29-Jun-2009 22:04 China Hongxing   /   Good News for China Hongxin       Go to Message
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Hi Andrew,

The buy/sell ratio should not just  be seen in isolation but has to be seen in the whole perspective, both FA n TA, is it a reversal, profit-taking, consolidation.

I do not make any buy, sell or tgt price call or advice.

I just purely analyse the chart based on my knowledge n interpretation n always mentioned dyodd.



Andrew      ( Date: 29-Jun-2009 21:50) Posted:

I take share trading quite handon.....be it info from a forum, info from broker, friend and reports....I take effort to do my research....

While it seems newtothis sound like crook.....I still take the comment as it face value.

My amatur check show that at 9:32am, a bulk of 10,000 lots was sold and the effect of selling become more pronounce later.  The buy/sell also flip a few times.

So is a 10K lots significant ??  or 0.36% of the issue capital.

Today buy/ratio is 26 sell to 9 buy.

Every comment here can be useful lor.....using wording like manipulators, childish, ulterior motive....are deemed unnecessary lor.....

richtan keep up the good work to share TA and newtothis.....I like your styles......PM me TP as CHX is fast becoming a love hate affair....

Totally Unvested.......for now.....



newtothis      ( Date: 29-Jun-2009 09:56) Posted:



SELL SELL SELL - SHORT SHORT SHORT


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29-Jun-2009 17:42 China Hongxing   /   Good News for China Hongxin       Go to Message
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Oh yah, just to remind u not to be manipulated by manipulators, he/she in his/her post already admitted that either he/she is a manipulator or he/she is being manipulated by the BBs, so do u also want to be manipulated or managed your own destiny?

richtan      ( Date: 29-Jun-2009 17:35) Posted:

Just be careful, U are forewarned, tread this way at your own peril, I have walked this path b4, listening to other forumers tips in other forums when I started out in trading long long time ago, I too do make money occasionally but net I still make huge losses, thus I swear tat I will do my homework n not be a guinea pig. 

Playing by this way is like playing with fire, u maybe lucky a few times by following blindly, as good as wild gambling, one fine day, u will be played out by other BBs tat pit against each other.

U make money if  the BBs tat he follows win against the other BBs, it is just like going to the horse race n your luck depends on whose tips u follow.

I m a firm believer in "no free lunch", have to work hard to earn our keeps. 

With charts, u have a compass to guide n see n make informed judgement n decision, decide yourself whether to enter a trade, set your stop-loss rather than being at other people's mercy.



choonmng      ( Date: 29-Jun-2009 16:43) Posted:

Just trying to say something fair for newtothis. newtothis has been advising against buying when counter is dropping to 0.12 and indeed it went down to this level. Even before this counter rose to 0.18 newtothis has advised on the reversal to look out for. (i personally benefited from his calls)

No doubt newtothis did not share his source of information but i think at certain point we should be open that some in the forum may have access to information that will be beneficial for us which is not based on TA.



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29-Jun-2009 17:35 China Hongxing   /   Good News for China Hongxin       Go to Message
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Just be careful, U are forewarned, tread this way at your own peril, I have walked this path b4, listening to other forumers tips in other forums when I started out in trading long long time ago, I too do make money occasionally but net I still make huge losses, thus I swear tat I will do my homework n not be a guinea pig. 

Playing by this way is like playing with fire, u maybe lucky a few times by following blindly, as good as wild gambling, one fine day, u will be played out by other BBs tat pit against each other.

U make money if  the BBs tat he follows win against the other BBs, it is just like going to the horse race n your luck depends on whose tips u follow.

I m a firm believer in "no free lunch", have to work hard to earn our keeps. 

With charts, u have a compass to guide n see n make informed judgement n decision, decide yourself whether to enter a trade, set your stop-loss rather than being at other people's mercy.



choonmng      ( Date: 29-Jun-2009 16:43) Posted:

Just trying to say something fair for newtothis. newtothis has been advising against buying when counter is dropping to 0.12 and indeed it went down to this level. Even before this counter rose to 0.18 newtothis has advised on the reversal to look out for. (i personally benefited from his calls)

No doubt newtothis did not share his source of information but i think at certain point we should be open that some in the forum may have access to information that will be beneficial for us which is not based on TA.



newtothis      ( Date: 29-Jun-2009 10:42) Posted:

Nevermind I have no comments :) Your only just an average trader. Not Manipulators


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29-Jun-2009 15:58 Sakari   /   Straits Asia       Go to Message
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Congrats to those having n holding onto Straits Asia.  

SAR had broke above the sloping resistance intraday, hope it close above tat line n turned into a support.

"Trade Summar" also shows buying up with hiher volume
AJ1 (StraitsAsia)

 WEIGHTED AVG PRICE :  1.7363   LAST DONE PRICE :  1.760 
 SPREAD/PRICE RATIO :  0.0057   AVG TRADE SIZE :  27.921 
< />
Last Trades Vol BuyVol Mid SellVol
1.700 1 5 5 0 0
1.710 41 795 453 0 342
1.720 210 2,614 1,937 0 677
1.723 1 3 0 3 0
1.729 1 150 0 150 0
1.730 97 3,415 1,204 599 1,612
1.732 1 9 0 9 0
1.740 41 2,185 740 0 1,445
1.750 65 3,247 43 0 3,204
1.760 38 1,426 267 0 1,159
TOTAL 496 13,849 4,649 761 8,439



richtan      ( Date: 29-Jun-2009 13:02) Posted:



SAR bounced up from the 25ema n now sitting on the 15ema.

Below is my TA analysis on SAR, I maybe right or wrong, so dyodd.

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29-Jun-2009 15:29 China Hongxing   /   Good News for China Hongxin       Go to Message
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Yes, u are right, I agree with u.

Bintang      ( Date: 29-Jun-2009 15:23) Posted:

There will  be a key reversal if the closing price is below 17 cents either today or tomorrow . The gaps must be filled before going up again .

Bintang      ( Date: 24-Jun-2009 16:18) Posted:

Relook at the chart of  China Hongx , the 200 day MA is at 18.5 cents , any rebound may stop at this point .  If we could buy after the GOLDEN CROSS , may be the trend will be more sustainable .


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29-Jun-2009 13:32 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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Alemak, just dun know wat happens to my posting today, retry:

From DBS:

•STI’s ‘pause’ mode ended – immediate support 2245-2280; upside 2560.

We raise the odds that STI’s ‘pause’ mode has ended last week.

Despite the recent pullback from 2424, the index’s ‘internal structure’ has been improving, not deteriorating.

STI 2245-2280 should hold pullbacks in the near-term, which is still  higher compared to last week’s low of 2211.

We see STI heading for 2560 in the weeks/month ahead.

While valuations have normalized, earnings guidance and recovery,  stocks re-rating potential and improving ROEs should drive equity
prices higher going forward. Half-year ‘window dressing’ and optimism that the release of URA’s flash estimates for 2Q
residential property price index could show an upturn should underpin the market this week.
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29-Jun-2009 13:28 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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From DBS: •STI’s ‘pause’ mode ended – immediate support 2245-2280; upside 2560 We raise the odds that STI’s ‘pause’ mode has ended last week. Despite the recent pullback from 2424, the index’s ‘internal structure’ has been improving, not deteriorating. STI 2245-2280 should hold pullbacks in the near-term, which is still higher compared to last week’s low of 2211. We see STI heading for 2560 in the weeks/month ahead. While valuations have normalized, earnings guidance and recovery, stocks re-rating potential and improving ROEs should drive equity prices higher going forward. Half-year ‘window dressing’ and optimism that the release of URA’s flash estimates for 2Q residential property price index could show an upturn should underpin the market this week.
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29-Jun-2009 13:16 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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Oooops, really very very very sorry, dun know wat happens to me this morning, mind just not calm, keeps overlooking some intermediate support.

OK, hope this is my final correction:

Intermediate support at 2212 (23/6/09), followed by 2194 (22/5/09) b4 next lower support at 2092.
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29-Jun-2009 13:02 Sakari   /   Straits Asia       Go to Message
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SAR bounced up from the 25ema n now sitting on the 15ema.

Below is my TA analysis on SAR, I maybe right or wrong, so dyodd.

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29-Jun-2009 12:46 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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Ooops, chart typo error, if neckline broke, next support should be 2092 not 2209

richtan      ( Date: 29-Jun-2009 12:20) Posted:



Is this the chart u want, hope I can be of help.




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29-Jun-2009 12:41 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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Nah, I prefer to post n share in this forum then a blog, more interaction with fellow serious forumers n also learn from their sharing (but not those "hot-air-balloon, wild calls", danger of bursting on our face, SmileySmileySmiley ) n keep a pulse on the mkt.

cathylmg      ( Date: 29-Jun-2009 12:35) Posted:

Thanks Richtan for the chart. Keep it up. I think you can get you own blog. I'll be reading. Smiley

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