Latest Posts By richtan
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About richtan
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| 05-May-2009 00:29 |
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I want to be the number one in this forum
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Nowadays, tax is no longer a sure thing as many people are out of the tax bracket, liow.
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| 05-May-2009 00:20 |
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I want to be the number one in this forum
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Come mon lah... nothing in life is "sure" except 2 things: Sun rises from east to west & death
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| 05-May-2009 00:15 |
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I want to be the number one in this forum
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Hahaha.... alemak... wah piang oh!! u must be counting too much $$$ until your mind goes bonkers... 100-18 = 82, not 72 lah
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| 04-May-2009 23:50 |
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AWAKENING OF BEAR
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Bear in coma now. Chow when it recovers from coma, meanwhile, make hay while the bear is away. hahahah....
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| 04-May-2009 23:34 |
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AWAKENING OF BEAR
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Have some Bear-paws.... prized delicacy.....
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| 04-May-2009 22:46 |
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AWAKENING OF BEAR
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Bear-B-Qued???
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| 04-May-2009 14:47 |
SPC
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SPC
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Shortist... are u all sho..t & wounded & now panic, quickly grapping for wound dressing, the price of wound dressing now going up liow, quickly grap or else the price of the dressing will still keep going up. If still gungho, die die still want to short, then keep shorting & help me push up the dressinsg cost, never mind, if u manage to shot down SPC & if I detected any reversal sign, I will then abandon the boat, I come prepared with life jackets wan.
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| 04-May-2009 14:40 |
Midas
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Midas
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0.49 is no problem one lah..., a few more gpmg bullets spray will sure tear down the resistance wall lah....
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| 04-May-2009 14:26 |
SPC
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SPC
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Wow!!! Boatman very strong leow, no more hand paddle, using speedboat motor liow, after the bout of mild flu tat scare offf those faint-hearted who panic & jumped boat without fitrst confirming whether he kena swine flu or just mild ordinary flu, fares gone up liow, as no more hand paddle & upgraded to motorised speedboat, has broken the threshold resistance of 3.49, fare shooting towards 3.80 to 3.90 leow.... enjoy the ride while it last.... | ||||
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| 04-May-2009 12:43 |
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time to sell in may
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Pity your Ang Mo remisier, hard time for her to cleanup your messy tua volume,....hahahaha pullback & save some for her to ice-cream lah. hahahahahah....
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| 04-May-2009 12:38 |
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DOW & STI
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I will only consider if their writeups include TA, even then, dun read & believe blindly, apply your own TA knowledge & see whether their analysis make sense & finally make own decisions.
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| 04-May-2009 12:35 |
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DOW & STI
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All these are bullshits, they are not answerable to your pockets. Dun believe?, then monitor their writeups & see how many times their recommendations are correct & how may times they keep adjusting their moving targets. Trading is all hardwork, have to do your own TA analysis. Dun expect silver spoonfeeding. Note their disclaimer: "**We do not guarantee the accuracy or completeness of the data given".
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| 04-May-2009 11:52 |
China Hongxing
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Good News for China Hongxin
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It is useless to ask for things like recomended entry & target price. Just remember trading rules 101: "Set stop-loss when entered a trade, cut losses short & let profits ride with trailing stops". If u ask 7 blind men, all will give different reply, so have to look at the elephant & decides yourself, as nobody is answerable to your pockets. TA wise, it has been going up for 3 days now, forming higher highs & higher lows & break above the 15sma.
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| 04-May-2009 11:03 |
Midas
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Midas
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Forming higher highs & higher lows for the last 4 days, more good time to come. heheheh....
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| 04-May-2009 11:00 |
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time to sell in may
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Hahahahahaha.... u going to BT Hill to sow your seeds to your virgin remisier, build relationship so she will give u better service in all senses?????...hahahah....
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| 04-May-2009 09:54 |
SPC
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SPC
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Wow, boatman earlier on only kena mild flu, not confirmed swine flu, now still as fit as fiddle, rock-hard solid,, hahahah.... The moment I sensed & really confirmed he kena swine flu (not based on gut feel), I will then abandon boat, meanwhile, enjoying the boat ride. Those who dun want to miss the boat ride for fear tat the boat fare will keep rising & want to join in now, reluctantly or rather, willinly now pay a higher boat fare when earlier on complain that the boat fare is too high.
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| 04-May-2009 09:38 |
SPC
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SPC
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Ozone2002 & fellow shortist, Did u all short, quick, quick, quick, short . The more all these gungho shortist who short based on their gut feel, without due respect to trading rule 101: "The trend is your friend", the more panic they are & help further push up the price to cover their short. Hope all these shortist learnt their lesson & learn trading rules 101 & master the art of reading TA, though it is never 100% guaranteed, tats where another trading rule 101 applies: "Cut losses short & let profits run with trailing stops".
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| 03-May-2009 15:44 |
GLD USD
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Gold going up this year?
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Read below writeup about China & Gold.
Good for S-chips like Hongxin (retail), Miidas (Aluminium train bodies), other selective good S-chips & gold
Great News, Plus China, Asia, Gold …
2. Unlike U.S. and European consumers, China’s consumers are spending. China’s retail sales for January and February jumped 15.2 percent overall, with urban sales up 14.4 percent and rural sales up 17 percent. Total first-quarter retail sales jumped 15 percent in the urban areas and 17 percent in the rural countryside. Auto sales for March surged an amazing 27.2 percent! Meanwhile, there are also signs that China’s property markets are picking back up. Luxury property prices are on the rise again, climbing 2.1 percent so far this year, while property transactions overall jumped nearly 60 percent over February’s pace. Home sales in Shanghai totaled 1.5 million square meters in March — a whopping 91 percent increase over January. 3. Unlike the rest of the world, China’s (and most other Asian countries’) reserves continue to grow. Despite a slump in exports, almost all of Asia continues to see growth in their monetary reserves, with China’s piggy-bank just recently hitting $2 trillion. Moreover, from China to Thailand … from South Korea to Indonesia — taxes are being cut virtually across the board … massive fiscal stimulus is being applied … and domestic consumption is being stoked, big time. My view: If you acted on my suggestions and have some long positions in Chinese stocks or funds, hold! I expect further gains in Asia. Gold News … Did you see the news on China increasing its gold reserves by a whopping 76 percent, or 654 metric tonnes (23,069,171 ounces) since 2003? It’s amazing to me that so many investors and analysts are surprised by this. I stated as early as 2002 that China would be drastically upping its gold reserves … that it would not tell anyone it was doing so for quite some time … and that eventually, China would come to own probably the largest gold reserves in the world.
And in the same October 9 issue of Money and Markets that I referenced above, I stated that “the authorities in Beijing are no dummies. They also know the U.S. dollar is in a long-term downtrend. So, they have only one choice: Bolster the country’s gold reserves while they’re investing in U.S. Treasuries.” Seems like that’s exactly what they’ve been doing — for years. And likely will continue to do. While I suggest you stay out of U.S. Treasury notes and bonds, my position on gold remains the same: It’s one of the best investments you will ever make. Best wishes for your health and wealth, Larry |
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| 03-May-2009 15:38 |
China Hongxing
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Good News for China Hongxin
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Read below writeup about China & Gold.
Good for S-chips like Hongxin (retail), Miidas (Aluminium train bodies) & other selective good S-chips
Great News, Plus China, Asia, Gold …
2. Unlike U.S. and European consumers, China’s consumers are spending. China’s retail sales for January and February jumped 15.2 percent overall, with urban sales up 14.4 percent and rural sales up 17 percent. Total first-quarter retail sales jumped 15 percent in the urban areas and 17 percent in the rural countryside. Auto sales for March surged an amazing 27.2 percent! Meanwhile, there are also signs that China’s property markets are picking back up. Luxury property prices are on the rise again, climbing 2.1 percent so far this year, while property transactions overall jumped nearly 60 percent over February’s pace. Home sales in Shanghai totaled 1.5 million square meters in March — a whopping 91 percent increase over January. 3. Unlike the rest of the world, China’s (and most other Asian countries’) reserves continue to grow. Despite a slump in exports, almost all of Asia continues to see growth in their monetary reserves, with China’s piggy-bank just recently hitting $2 trillion. Moreover, from China to Thailand … from South Korea to Indonesia — taxes are being cut virtually across the board … massive fiscal stimulus is being applied … and domestic consumption is being stoked, big time. My view: If you acted on my suggestions and have some long positions in Chinese stocks or funds, hold! I expect further gains in Asia. Gold News … Did you see the news on China increasing its gold reserves by a whopping 76 percent, or 654 metric tonnes (23,069,171 ounces) since 2003? It’s amazing to me that so many investors and analysts are surprised by this. I stated as early as 2002 that China would be drastically upping its gold reserves … that it would not tell anyone it was doing so for quite some time … and that eventually, China would come to own probably the largest gold reserves in the world.
And in the same October 9 issue of Money and Markets that I referenced above, I stated that “the authorities in Beijing are no dummies. They also know the U.S. dollar is in a long-term downtrend. So, they have only one choice: Bolster the country’s gold reserves while they’re investing in U.S. Treasuries.” Seems like that’s exactly what they’ve been doing — for years. And likely will continue to do. While I suggest you stay out of U.S. Treasury notes and bonds, my position on gold remains the same: It’s one of the best investments you will ever make. Best wishes for your health and wealth, Larry |
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| 03-May-2009 14:31 |
GLD USD
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Gold going up this year?
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GoldMoney Alert - 26 April 2009Gold's Strong Technical PositionThe outlook for gold remains bullish. Central bank 'printing presses' are running at full steam trying to keep up with those governments around the world that are spending more money than they have or are likely to collect in taxes. China's announcement on Friday that it has increased its gold reserves by 76 percent to 1,054 tonnes is yet another important piece of bullish fundamental news for gold. It is therefore not surprising that gold is in a strong technical position too, as we can see from the following chart.  This chart shows that gold remains in an uptrend. In fact, this uptrend is accelerating. Note that the green line marking the uptrend is curving upward, indicating that momentum is building. Gold is also above its 200-day moving average, which is always a positive factor. But there is another fascinating development that needs to be considered. Gold is forming a 'head & shoulders' pattern, which can be clearly seen on the following chart that presents gold's daily New York close since the beginning of 2007.  H&S patterns normally indicate a reversal of a trend. After a long bull run, a H&S top will form to reflect distribution. In other words, buying power has been exhausted and is being overtaken by selling pressure. Prices are simply too high and cannot be sustained because they no longer represent an acceptable value. A reverse H&S pattern (with the neckline above the head and shoulders) forms at a bear market bottom. Selling pressure is exhausted and is being overtaken by buying power, which is the result of the numerous bargains that become available at the end of the bear market. Here is the fascinating development in gold. It is forming a reverse H&S, but gold is in a bullish uptrend, not a bear market bottom. The reverse H&S is appearing as a continuation pattern, which is very rare. The only logical interpretation of this reverse H&S pattern is that gold represents exceptional value, as if it were at a bear market bottom. A bold interpretation would be that a 3-digit gold price will soon be an historical artifact, just like the 2-digit gold price. Take a close look again at the chart immediately above. The neckline of the reverse H&S pattern is approximately $1,000. The left shoulder and head are complete. The right shoulder is now forming. What's more, note the red downtrend line in the right shoulder going back to the February 2009 high. When that line is hurdled, it would be logical to expect that gold will continue higher and complete the right shoulder. The next logical step would be for gold to immediately thereafter break above $1,000. Maybe I should say "if" that red downtrend line is hurdled because nothing is certain when it comes to markets. But it seems that there is a high probability the red downtrend line will be hurdled soon, possibly this week. So perhaps $1,000 gold may be just around the corner. Published by GoldMoney Copyright © 2009. All rights reserved. Edited by James Turk
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