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03-May-2009 14:24

SPC / SPC

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Tats good, I like to hear tat, the more people short, the better, when it goes up, these shortist who defies the trend will be caught off-guard, scramble & rush in to buy up to cover their shorts & further help push up the price.

All I remember is trading 101: "The trend is your friend, never goes against the trend" .

Going against the trends is like trying to be a hero, going against the onslaught wave, playing Russian roulette, while at times, by sheer luck, you survive when the waves dies at the nick of time or the trigger by luck hit an empty bullet chamber. The odds are against you, the risk/rewards are not favorable & nobody will sympathise with you as you deserved it for trying to be a hero.

On the other hand when it breaks my trailing stops, I will exit.

Either way, I still make money, its only whether I make more or lesser, tats all.....hehehehe....

ozone2002 ( Date: 29-Apr-2009 19:35) Posted:

i CFD shorted this stock today as the rise was not very convincing..on very low vol

looks overbought on the charts..and u can see the descending vol with rising prices..

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30-Apr-2009 16:41

Midas / Midas

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This is probably profit-taking for yesterday's price rise, which is nothing unusual.

kkboy1 ( Date: 30-Apr-2009 16:31) Posted:

I see today there is selling pressure

richtan ( Date: 30-Apr-2009 14:45) Posted:

There is also a bullish engulfing candle reversal from the support & bounce of the lower bollinger band

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30-Apr-2009 14:45

Midas / Midas

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There is also a bullish engulfing candle reversal from the support & bounce of the lower bollinger band.

richtan ( Date: 30-Apr-2009 14:29) Posted:

Midas is an extremely good buy at current price as chart shows it has bounce of the support & RSI turning up from 30. & has great upside potential to move to the resistance.

To the wise, this is the best time to fish & accumulate when the riverside is still not crowded.

knightbridge ( Date: 15-Apr-2009 19:33) Posted:

Where are the sharks in MIDAS.. Midas please dont become a laggard in the current surge...

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30-Apr-2009 14:29

Midas / Midas

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Midas is an extremely good buy at current price as chart shows it has bounce of the support & RSI turning up from 30. & has great upside potential to move to the resistance.

To the wise, this is the best time to fish & accumulate when the riverside is still not crowded.

knightbridge ( Date: 15-Apr-2009 19:33) Posted:

Where are the sharks in MIDAS.. Midas please dont become a laggard in the current surge...

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29-Apr-2009 11:04

Others / Have the rally ended?

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Note their disclaimer:

"**We do not guarantee the accuracy or completeness of the data given"

Tat means, they are covering their backside, if u got your backside screwed, not their fault hor!!

des_khor ( Date: 29-Apr-2009 10:33) Posted:

meaningless....

tweety ( Date: 29-Apr-2009 10:29) Posted:

Date	Stock	Broker	Price	TP (6-12M)	Recommendation
28/04//09	BukitSembawang	Nomura	2.46	2.76	Maintained Neutral
	SIA	CIMB	10.12	7.60	Trading Sell
	NOL	CIMB	1.27	1.30	Underperform Maintained
	China Zaino	CIMB	0.19	0.37	Outperform Maintained
	Jadason	SIAS	0.055	0.06	Hold
	China Sunsine	DBS	0.16	0.13	Fully Valued
	Ntegrator	NRA	0.03	0.025	Hold-upgrade
	Venture	UBS	5.90	7.90	Buy unchanged
	Cambridge	DMG	0.285	0.30	Neutral
	China XLX	DMG	0.375	0.345	Neutral
	China XLX	UOBKH	0.375	0.57	Buy
	China Zaino	UOBKH	0.19	0.39(0.21)	Buy
	CSE Global	DBS	0.385	0.54(0.42)	Buy
	Starhill Global	DBS	0.49	0.60	Hold
	SIA	DBS	10.12	11.30	Hold
	China XLX	DBS	0.39	0.24	Fully Valued
	Olam	Macquarie	1.63	1.65	Outperform
	Cambridge	DBS	0.285	0.38(0.88)	Buy
**We do not guarantee the accuracy or completeness of the data given

Source: http://investmenttips.onlinetrading-hub.com/

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29-Apr-2009 10:59

Others / Have the rally ended?

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Garbarge, Bullshit, only Greenhorn will believe them, they are not answerable to your pockets.

I will only consider if they show their TA & justify their call. Even then TA is never 100% correct, tats why need to set stop-loss.

Dun believe? Then keep all this writeups & review them later, most are cowdungs, play u to holland. Typical for them to later on adjust & re-adjust their moving tgt.

No easy money, to make money, have to do your own homework, no spoonfeeding.

tweety ( Date: 29-Apr-2009 10:29) Posted:

Date	Stock	Broker	Price	TP (6-12M)	Recommendation
28/04//09	BukitSembawang	Nomura	2.46	2.76	Maintained Neutral
	SIA	CIMB	10.12	7.60	Trading Sell
	NOL	CIMB	1.27	1.30	Underperform Maintained
	China Zaino	CIMB	0.19	0.37	Outperform Maintained
	Jadason	SIAS	0.055	0.06	Hold
	China Sunsine	DBS	0.16	0.13	Fully Valued
	Ntegrator	NRA	0.03	0.025	Hold-upgrade
	Venture	UBS	5.90	7.90	Buy unchanged
	Cambridge	DMG	0.285	0.30	Neutral
	China XLX	DMG	0.375	0.345	Neutral
	China XLX	UOBKH	0.375	0.57	Buy
	China Zaino	UOBKH	0.19	0.39(0.21)	Buy
	CSE Global	DBS	0.385	0.54(0.42)	Buy
	Starhill Global	DBS	0.49	0.60	Hold
	SIA	DBS	10.12	11.30	Hold
	China XLX	DBS	0.39	0.24	Fully Valued
	Olam	Macquarie	1.63	1.65	Outperform
	Cambridge	DBS	0.285	0.38(0.88)	Buy
**We do not guarantee the accuracy or completeness of the data given

Source: http://investmenttips.onlinetrading-hub.com/

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29-Apr-2009 00:04

SPC / SPC

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Just have to monitor closely loh.

If boatman confirmed kena swine flu, abandon boat loh, as simple as tat, unless u are gay & fall in love with the boatman.

nickyng ( Date: 28-Apr-2009 15:42) Posted:

well...looks like boatman confirmed with Swine Flu...on MC now :D

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27-Apr-2009 22:56

GLD USD / Gold going up this year?

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Bullish Gold market commentary by James Turk

GoldMoney Alert - 26 April 2009

Gold's Strong Technical Position

The 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.

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.

chart

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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27-Apr-2009 22:06

Others / AWAKENING OF BEAR

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A true TA trader trade based on wat the charts tells them ie. discipline not hamtum (emotions), practice & set stop-loss b4 enter trade & let profits run till charts tells them to get out. In a nutshell, cut-losses short & let profit runs.

If your mentality is hantum, tat is a gambler's mentality, then there is no need for TA.

A TA practitioner assess their risk/rewards ratio prior to enter a trade not hantum, wait get blue-black, or-buck-kak, concussion, coma.

senecus ( Date: 27-Apr-2009 16:11) Posted:

Any suggestion??? Perhaps you may try to humtum based on your TA...you could be well on your way to become richertan.

richtan ( Date: 24-Apr-2009 23:59) Posted:

U say "Bearish", base on wat ... your gut feel, MFT?? (no thanks for your tikam-tikam) or TA.

If based on TA, care to share.

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27-Apr-2009 14:51

SPC / SPC

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Wha piang oooi, u so bad & evil & ungrateful, the boatman is making another u-turn to offer u another chance at a lower fare, yet u take the boatman's kindness for granted & curse tat he kena swine flu. Better go for your Sunday confession & beg for forgiveness.

Take a look at the chart of the stream, the boat is still moving upstream, no doubt hit by some drafts & push back occassionally only. Jump ship only when sense danger lah.

nickyng ( Date: 27-Apr-2009 14:21) Posted:

haha...this boatman kana Swine Flu...u take his boat u will kana ! :D

richtan ( Date: 26-Apr-2009 14:33) Posted:

The boatman was so kind to turn back the next day to give those skeptics a second chance to pay boat fares of 3.21 but dun take his kindness for granted, hoping for a 3rd chance

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27-Apr-2009 14:37

SPC / SPC

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No worry, just mild flu, wont die one, will soon recover & charge back.

Anyway, even if boatman dies, I very kiasu one, come prepared, got flu jap & got bring & wear safety mask, quickly jump ship loh, I'm not gay, dun fall in love with the boatman, grap him & die together one.

nickyng ( Date: 27-Apr-2009 14:21) Posted:

haha...this boatman kana Swine Flu...u take his boat u will kana ! :D

richtan ( Date: 26-Apr-2009 14:33) Posted:

The boatman was so kind to turn back the next day to give those skeptics a second chance to pay boat fares of 3.21 but dun take his kindness for granted, hoping for a 3rd chance

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27-Apr-2009 12:23

Others / DOW & STI

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Dun worry, this flu will not kill Mr. Market, will soon recover as fit as fiddle & charge back.

Blastoff ( Date: 27-Apr-2009 12:13) Posted:

Looks like market is affected by the flu as well....

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27-Apr-2009 10:24

Others / DOW & STI

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Look at the chart, this is just a correction for the run-up since 9/3, mkts dun go up in a straight line, good opportunity for the wise to accumulate on weakness.

maxcty ( Date: 27-Apr-2009 09:55) Posted:

STI disappoint us again.....goign reservse way of DOW(gain on closing friday)...sian....what happen sia...

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26-Apr-2009 14:33

SPC / SPC

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The boatman was so kind to turn back the next day to give those skeptics a second chance to pay boat fares of 3.21 but dun take his kindness for granted, hoping for a 3rd chance.

richtan ( Date: 21-Apr-2009 12:30) Posted:

The boat is turning back to give those who missed, a second chance at the boat fare of around 3.17 to 3.21 now, but dun expect the boatman to be so kind to offer u this fare price forever, the next time he returns, he may demand u to pay higher boat fare leow unless u hope for the tides to get rough, then maybe he will offer u a lower fare, but then will u get cold feet, balls shrink, hesitate & dare not board the boat.

nickyng ( Date: 21-Apr-2009 11:56) Posted:

wow...getting lower...3.19 ?? sucker's rally..haha..hmm..i m curious how come Kepcorp can still sustain to 5.75 at current level?? BBs expecting somethg brewing this coming Thur announcement har? hee...

Time	Last	Vol	Buy/Sell
11:54:56	3.190	2	B
11:54:46	3.190	12	S
11:54:12	3.190	3	B
11:54:09	3.190	27	S
11:54:05	3.190	3	S
11:54:00	3.190	1	S
11:53:29	3.180	28	S
11:53:28	3.180	5	S
11:53:21	3.180	2	S
11:53:12	3.180	5	S
11:51:47	3.180	5	S
11:50:58	3.170	2	B
11:50:52	3.170	5	B
11:50:52	3.180	4	S

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26-Apr-2009 14:26

SPC / SPC

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So far so good, hasn't hit any rocks, no need to jump ship yet, the fares has now increased from 3.17 to 3.46, boatman may even demand higher fares soon, may even raise to 3.80 to 3.90, salivating to those waiting for $3.00 fares, cursing & swearing--- "oh shitttt!!... real sucksssss!!... if only I'm not stinch... hoping for fire-sale!!!".

nickyng ( Date: 21-Apr-2009 12:46) Posted:

har? boatman offer u 3.17 fare to take else next time higher fare? haha...u take loh..skally need to jumpship as the rocks get harder...hee :D gd analogy siah ! :D

richtan ( Date: 21-Apr-2009 12:38) Posted:

When the ocean tides gets rough, this is to be expected.

Those who easily gets sea-sick by teh up & down of the tide & dare not ride the roughshod, then do not board as it is meant to shake those weak-hearted out & reward the brave who can see the trend & know when to jump boat when the signal comes.

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26-Apr-2009 13:29

GLD USD / Gold going up this year?

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From Gold Forecaster - Global Watch

The Gold Bull Market is Still Here!

Gold has been sitting on the brink of a break-upwards since the 17^th February 2009. We believe it broke resistance on the 23^rd April and is now on its way higher. The period of consolidation since then has been more protracted than most thought. While the fundamental reasons why we are in the gold Bull Market have strengthened and investor interest in gold widened, the gold price has slipped to some extent as scrap sales came into the market. These are now drying up. Between $850 and $870 sits a huge block of support for the gold price. We believe that the sub-$900 gold prices are coming to an end.

· We believe that jewelry demand and imports into India are returning [slowly at first] to the market, now that broad acceptance of these price levels has taken place.

· Central Bank selling from the signatories to the Central Bank Gold Agreement has virtually ceased with at least one already a small buyer of gold. Russia and now it is revealed, China have been steadily buying gold for its reserves. Russia has aimed at holding 10% of these in gold. China and perhaps soon Russia are buying from local production so as not to be seen visibly in the open market. Overall and on balance central banks are buyers of gold now.

· Large, long-term investment demand has driven the gold price to date and will continue to do so after the present pause in the demand for the shares of the gold Exchange Traded Funds ends.

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26-Apr-2009 01:09

SPC / Good News for SPC

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Good News for SPC's Natural Gas Biz

Natural Gas Is Ready to Rally

-- By Jeff Clark, Editor, Growth Stock Wire

Natural gas prices have been in a freefall for months and are inching closer to historic lows. In fact, prices are so depressed that many drilling companies will be forced out of business if prices don't rebound soon.

This is just one of the reasons Jeff Clark -- editor of Growth Stock Wire -- believes now is the time for investors to make a play on natural gas

There is no shortage of natural gas bears in the investment community. Natural gas prices have been falling for months and so far bearish bets have paid off.

But if they're smart, the bears will take their profits now and hibernate for the rest of the year. Natural gas has bottomed and is ready to rally - big time.

Of course, the bears will argue otherwise. But they're wrong... They're letting logic cloud their thinking and it's blinding them to the opportunity in front of them.

Logic says there is a glut of natural gas the market. Logic dictates the oversupply of natural gas should pressure prices lower until the forces of supply and demand deal with the glut. And logic is correct.

What the bears are missing here, though, is the market already knows this. The market knows there's a glut. The market knows natural gas prices have to move lower to correct the supply-and-demand imbalance. And the market has already responded.

Last week, natural gas prices dropped as low as $3.50 per million British thermal units (BTUs). That's as low as prices have been in nearly seven years. In fact, $3.50 is widely regarded as the "shut in" price for natural gas. That's the price at which natural gas drillers are better off closing down the well than continuing because it costs more to extract the gas than what the drillers can sell it for.

In other words, natural gas cannot fall much below $3.50 before drillers start shutting wells. Once that happens, the forces of supply and demand start going the other way. And the market knows this...

Which is why natural gas bounced off of the $3.50 price level and is now trading at $3.86. The market has already discounted the natural gas supply glut. It started discounting it in the fourth quarter last year when, for the first time in a decade, natural gas prices fell during the last three months of the year.

Now the market is ready to start discounting a drawdown in natural gas supplies. The drawdown won't happen immediately. Heck, it may not happen for several more months. But the market is a discounting mechanism. Prices will start to increase well before the fundamental factors support such a move.

We should soon see natural gas prices begin to trade more in line with their historic relationship with oil.

As you can tell from the following chart, it now takes roughly 15 million BTUs of natural gas to buy one barrel of oil

Historically, this ratio has trended around 10. In fact, for most of the past decade, the ratio has been closer to eight.

The current 15-to-1 ratio is the most extreme reading of the past 20 years. This means one of two things has to be true: Either oil is too expensive or natural gas is too cheap.

If oil is too expensive, then oil prices will fall while natural gas holds steady. If natural gas is too cheap, then there's the potential for a huge rally in the works.

Either way, the downside to buying natural gas right here is limited and the upside is huge.

Best regards and good trading,

-- Jeff Clark

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25-Apr-2009 00:10

China Hongxing / Good News for China Hongxin

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CHHX chart pattern quite similar to Ausgroup, pennant (resistance sloping downward from left to right) with horizontal support with a flagpole, will probably shoot-up next week like Ausgroup.

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24-Apr-2009 23:59

Others / AWAKENING OF BEAR

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U say "Bearish", base on wat ... your gut feel, MFT?? (no thanks for your tikam-tikam) or TA.

If based on TA, care to share.

senecus ( Date: 23-Apr-2009 22:34) Posted:

Bearish...

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24-Apr-2009 12:05

Others / DOW & STI

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Hi Alligator,

I'm using win xp & adobe reader 8, I tried left click on the image, it doesn't turn dark & when I right click, there is no copy image popup.

In any case, I managed to paste to SI forum using the pdf snapshot tool & paintbrush.

Thks a lot.

Alligator ( Date: 24-Apr-2009 11:46) Posted:

richtan,

I used Adobe9 with Vista. This is the Free version.

After reading your post, i tried again.. IC your problem... i missed out one step.

Here is corrected: Move cursor to image, LEFT CLICK. u will see the image become darker. Now RIGHT CLICK, the copy image pop-up, ...

I also use another computer with Win XP and Adobe8, reading the same DMG report in pdf file, same procedure , it worked.

hope it works for you.

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