ShareJunction - Member Posts

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From InvestorGuide Weekly weekly@investorguide.com

Those Waiting for a Market Correction Might be Disappointed

Weekly Wrap Up

Equities had another solid week and most of the action was again in the green. The blue chip DJIA rose 2.23% and the broader S&P 500 gained 2.45%. The summer rally has extended beyond the Labor Day weekend as the Dow is just shy of the psychologically important 10,000 level mark. A few weeks ago, the sentiment was that the market had gotten too much ahead of itself and a pullback was is in the offing. But now traders are less certain of a correction and definitely not one in the 10% range that was previously forecast. Some of the underlying fundamentals are gradually improving and nothing has worsened dramatically and at this point, that’s enough to keep stocks headed north (but keep in mind that they are still below the pre-Lehman collapse levels from just over a year ago). Stocks ended in the green each day last week save for Thursday. A rally in commodity stocks was a major boost on Monday, Tuesday saw some positive data on retail sales and improvement in regional manufacturing activity, while bank stocks led the charge on Wednesday. Yet another sector, consumer stocks led the way on Friday after some analyst upgrades in the space and a better than expected number on jobless claims. Therefore, there was broad-based strength in the markets all the week with different sectors rising up to the occasion Ben Bernanke gave a small boost by opining that the recession is technically over. Adobe (ADBE: Charts , News, Offers) bought Omniture (OMTR: Charts, News, Offers) last week and Dell (DELL: Charts, News, Offers) announced the acquisition of Perot Systems (PER: Charts, News, Offers) this morning as dealmaking continues to return to the street.

Looking ahead, this week will see a Fed meeting (Tuesday and Wednesday) and leaders of the G-20 will gather in Pittsburgh (Thursday and Friday) to discuss how to pull back some of the stimulus that was extended during the crisis. The economic data on tap includes existing home-sales (Thursday), consumer sentiment and new-home sales (Friday). General Mills and Autozone will be among the notables to report earnings (Thursday).

Peg_li ( Date: 21-Sep-2009 23:47) Posted:

Kelly, don't wait STI 2200 to buy!

anytime STI dip, it's a buy chance. don't wait and miss the chance again and

again.

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Today's vol as at this point in time almost catching up with last Fri's vol n "Trade Summary" at this point in time shows more buying-up, but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:

5GJ (AusGroup)

WEIGHTED AVG PRICE : 0.7377	LAST DONE PRICE : 0.745
SPREAD/PRICE RATIO : 0.0000	AVG TRADE SIZE : 65.128

< />

Last	Trades	Vol	BuyVol	Mid	SellVol
0.725	1	6	6	0	0
0.730	50	2,150	1,619	0	531
0.735	52	4,477	1,264	0	3,213
0.740	20	1,957	622	0	1,335
0.745	54	2,767	1,227	0	1,540
0.750	2	301	0	0	301
TOTAL	179	11,658	4,738	0	6,920

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niuyear ( Date: 22-Sep-2009 11:43) Posted:

hahaha, Buffet buys stocks based on 'what plants his neighbours are planting'! I thought he buys stocks based on how much his neighbours farted. Laugh my ass out!

For me, I buy stocks if when all my neighbours strart borrowing money from me........Laugh my heart out............

kittyhawk ( Date: 21-Sep-2009 15:52) Posted:

Haha...I dun think Mr Buffett would decide his investment executions by looking at any restaurant queue lines.

But we have a local fella which would do so...wonder what he will buy next by looking at which plant his neighbour water first.

About his achievements, he can say this and that...but why bother when no one can verify?

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Hi niuyear,

Thanks n same to u as I believe u too are vested.

Lets HUAT together n just ignore all those distracting noises n dun get affected emotionally by it, remember my 3 golden mantras n trade mechanically, all those noises are just testing our resolve n how steadfast are we, our confidence in the FA n TA, but at the same time, also must remember set your stop-loss n on the lookout for reversal sign in the chart as nothing is guaranteed.

niuyear ( Date: 22-Sep-2009 09:33) Posted:

Richtan,

Congratulatoins!

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From OCBC Investment Research:

Midas Holdings:

Evaluating listing in HK.

Maintain BUY.

Midas Holdings (Midas) announced today that it is planning a secondary listing of its shares on the Main Board of the Stock Exchange of HongKong.

Midas has appointed Credit Suisse (Hong Kong) to assist the group in evaluating and preparing for this listing.

Mr Patrick Chew, CEO, says that Midas "is now ready to take Midas towards the next development phase and is optimistic that a listing on both the Singapore and HongKong bourses will allow Midas to tap into a wider investor base, increase liquidity and enhance the stock value".

Hong Kong valuations tend to be richer and this could bode well for dual-listed Singapore stocks.

Maintain BUY, fair value of S$1.05.

(Kelly Chia)

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From Kim Eng:

Midas – Company update (James KOH 64321431)

Previous day closing price: $0.865

Recommendation: Buy (maintained)

Target price: $1.15 (Previously $0.985)

Still packing the theatre

We recently hosted a roadshow for Midas in the US, which was very well-received by funds.

The exciting growth prospects within the China rail infrastructure space continue to capture the
imagination, with the main discussion points being the competition within this space, the sustainability of growth for Midas and the progression on expansion.

A smaller share of the bigger pie

While Midas still holds a clear lead in terms of certification and track record,
management expects competition to intensify, with listed peers such as Shandong Nanshan (Shanghai) and Zhongwang (HK) stating their intentions to break into this market.

Going forward, they believe achieving a lower 50-60% market share of this growing pie would be a more reasonable target, which will still ensure strong growth.

Life after trains

Improving the rail infrastructure network is an important government initiative, with current directives providing clear visibility over the next 2-3 years. Even subsequent to the stimulus package, we expect this program to continue.

Over the longer term, management will look into other feasible, promising industries such as aviation to continue its growth.

Progress on the installation of 4th and 5th extrusion lines

We now expect the 4th and 5th extrusion lines to come on stream by 2Q09 and 4Q09, earlier than our earlier estimates.

Our model factors in Midas winning a 50%-60% market share of the upcoming round of orders, which is twice the size of the first round. This will already keep all its five extrusion lines busy at about 75% utilisation.

Much more tracks to run

We adjust our earnings to take into account higher effective capacity in FY10 and higher tax rates in FY11.

We now peg our target price to 20X FY10E.

We believe the Chinese rail industry is still at its early-mid cycle.

With the Ministry of Railway due to announce the 2nd round of high-speed train orders, we expect orders to flow down to Midas within 3-4 months

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My advice (but decision yours, dyodd n BOSAYOR)is not to be too eager-beaver to take short profits and remember the 3rd golden mantra:

3) Cut losses short n let profit runs with trailing stops, we need to let profit runs as much as it can to cover all the losses made n yet make net gains. When we hit the cut-loss, never be emotional, be mechanical, immediately exit n never regret even if later it goes up bcos if dun cut, wat if it continues to go down, preserving ammunition to fight another day is the key. We can always re-enter if there is another buy sign candles, even if buying at a higher price

baniel ( Date: 22-Sep-2009 09:49) Posted:

Historical strong resistance around 0.900/0.905...... wonder if I should sell and take small profits, or WAIT....

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Below is my long=term 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.

richtan ( Date: 22-Sep-2009 09:14) Posted:

My advice is not to be too eager-beaver to take short profits and remember the 3rd golden mantra:

3) Cut losses short n let profit runs with trailing stops, we need to let profit runs as much as it can to cover all the losses made n yet make net gains. When we hit the cut-loss, never be emotional, be mechanical, immediately exit n never regret even if later it goes up bcos if dun cut, wat if it continues to go down, preserving ammunition to fight another day is the key. We can always re-enter if there is another buy sign candles, even if buying at a higher price

richtan ( Date: 22-Sep-2009 09:12) Posted:

Midas now up on extremely high vol exceeeding last Friday's vol within 10 mins of trade.

Patience does has its virtues.

The tortoise will eventually win the race.

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

5EN (MIDAS)

WEIGHTED AVG PRICE : 0.8955	LAST DONE PRICE : 0.905
SPREAD/PRICE RATIO : 0.0055	AVG TRADE SIZE : 89.126

< />

Last	Trades	Vol	BuyVol	Mid	SellVol
0.885	4	2,917	40	0	2,877
0.887	1	187	0	187	0
0.890	33	3,600	1,043	0	2,557
0.893	2	67	0	67	0
0.894	1	58	0	58	0
0.895	108	6,910	361	0	6,549
0.900	20	3,322	805	0	2,517
0.901	1	60	0	60	0
0.903	1	30	0	30	0
0.905	68	4,150	165	0	3,985
TOTAL	239	21,301	2,414	402	18,485

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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.

bennykusman ( Date: 22-Sep-2009 09:17) Posted:

the resistance $0.905 has been broken.. richtan, can post another chart ? thanks for the chart.. has been reaping goood one coz seeing ur chart..

bennykusman ( Date: 22-Sep-2009 09:14) Posted:

midas is planning to listing in Hong KOng...

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The hopeless 1 lotter (noise creator only) had gone into hibernation like the bears

bennykusman ( Date: 22-Sep-2009 09:14) Posted:

midas is planning to listing in Hong KOng...

richtan ( Date: 22-Sep-2009 09:12) Posted:

Midas now up on extremely high vol exceeeding last Friday's vol within 10 mins of trade.

Patience does has its virtues.

The tortoise will eventually win the race.

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

5EN (MIDAS)

WEIGHTED AVG PRICE : 0.8955	LAST DONE PRICE : 0.905
SPREAD/PRICE RATIO : 0.0055	AVG TRADE SIZE : 89.126

< />

Last	Trades	Vol	BuyVol	Mid	SellVol
0.885	4	2,917	40	0	2,877
0.887	1	187	0	187	0
0.890	33	3,600	1,043	0	2,557
0.893	2	67	0	67	0
0.894	1	58	0	58	0
0.895	108	6,910	361	0	6,549
0.900	20	3,322	805	0	2,517
0.901	1	60	0	60	0
0.903	1	30	0	30	0
0.905	68	4,150	165	0	3,985
TOTAL	239	21,301	2,414	402	18,485

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My advice is not to be too eager-beaver to take short profits and remember the 3rd golden mantra:

3) Cut losses short n let profit runs with trailing stops, we need to let profit runs as much as it can to cover all the losses made n yet make net gains. When we hit the cut-loss, never be emotional, be mechanical, immediately exit n never regret even if later it goes up bcos if dun cut, wat if it continues to go down, preserving ammunition to fight another day is the key. We can always re-enter if there is another buy sign candles, even if buying at a higher price

richtan ( Date: 22-Sep-2009 09:12) Posted:

Midas now up on extremely high vol exceeeding last Friday's vol within 10 mins of trade.

Patience does has its virtues.

The tortoise will eventually win the race.

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

5EN (MIDAS)

WEIGHTED AVG PRICE : 0.8955	LAST DONE PRICE : 0.905
SPREAD/PRICE RATIO : 0.0055	AVG TRADE SIZE : 89.126

< />

Last	Trades	Vol	BuyVol	Mid	SellVol
0.885	4	2,917	40	0	2,877
0.887	1	187	0	187	0
0.890	33	3,600	1,043	0	2,557
0.893	2	67	0	67	0
0.894	1	58	0	58	0
0.895	108	6,910	361	0	6,549
0.900	20	3,322	805	0	2,517
0.901	1	60	0	60	0
0.903	1	30	0	30	0
0.905	68	4,150	165	0	3,985
TOTAL	239	21,301	2,414	402	18,485

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Midas now up on extremely high vol exceeeding last Friday's vol within 10 mins of trade.

Patience does has its virtues.

The tortoise will eventually win the race.

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

5EN (MIDAS)

WEIGHTED AVG PRICE : 0.8955	LAST DONE PRICE : 0.905
SPREAD/PRICE RATIO : 0.0055	AVG TRADE SIZE : 89.126

< />

Last	Trades	Vol	BuyVol	Mid	SellVol
0.885	4	2,917	40	0	2,877
0.887	1	187	0	187	0
0.890	33	3,600	1,043	0	2,557
0.893	2	67	0	67	0
0.894	1	58	0	58	0
0.895	108	6,910	361	0	6,549
0.900	20	3,322	805	0	2,517
0.901	1	60	0	60	0
0.903	1	30	0	30	0
0.905	68	4,150	165	0	3,985
TOTAL	239	21,301	2,414	402	18,485

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U.S. Leading Economic Index Increased 0.6% in August (Update1)

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By Shobhana Chandra

Sept. 21 (Bloomberg) -- The index of U.S. leading economic indicators rose for the fifth straight month, capping the longest stretch of gains since 2004 and signaling a recovery is under way.

The Conference Board’s gauge of the economic outlook for the next three to six months rose 0.6 percent in August, in line with forecasts, after a 0.9 percent increase in July that was larger than previously estimated, according to data that the New York-based group released today.

The gains in stock prices, consumer confidence and homebuilding that are buoying the leading index bolster Federal Reserve Chairman Ben S. Bernanke’s view that the worst recession since the Great Depression has probably ended. At the same time, rising unemployment and tight credit are a reminder that a rebound will be slow and gradual.

The report “is another signal that economic growth is turning sharply positive this quarter,” said Dean Maki, chief U.S. economist at Barclays Capital Inc. in New York. “All of the elements for a robust recovery are falling into place. As we look ahead, job losses will end and the unemployment rate will stop rising, but we’re not there yet.”

The index was projected to rise 0.7 percent, according to the median forecast of 58 economists in a Bloomberg News survey, after an originally reported increase of 0.6 percent in July. Estimates ranged from unchanged to a gain of 1 percent.

Stocks Fell

U.S. stocks fell on speculation a six-month rally has outpaced prospects for profit growth. The Standard & Poor’s 500 Index was down 0.9 percent to 1,058.82 as of 10:43 a.m. in New York. Treasuries rose, pushing the yield on the 10-year benchmark note to 3.42 percent from 3.47 percent on Sept. 18.

Seven of the 10 indicators for the leading index are known ahead of time: stock prices, jobless claims, building permits, consumer expectations, the yield curve, factory hours and supplier delivery times.

The Conference Board estimates new orders for consumer goods, bookings for capital goods, and the money supply adjusted for inflation.

The Conference Board’s index of coincident indicators, a gauge of current economic activity, was unchanged in August after increasing 0.1 percent the prior month. The index tracks payrolls, incomes, sales and production.

Lagging Indicators

The gauge of lagging indicators fell 0.1 percent following a 0.5 percent drop in the prior month. The index measures business lending, length of unemployment, service prices and ratios of labor costs, inventories and consumer credit.

Five of the 10 indicators in today’s report added to the leading indicators index, led by a gauge of supplier deliveries, interest-rate spreads and the stock market.

The Standard & Poor’s 500 Index has soared 57 percent since March 9, when it hit a 12-year low, as optimism grew that the U.S. was pulling out of the downturn. A jump during August in the S&P 500 average from July’s average added 0.3 point to the leading indicators gauge.

Building permits, a sign of future construction, and a gauge of consumer expectations also contributed.

Permits rose 2.7 percent to a 579,000 annual rate in August, the Commerce Department said on Sept. 17. The Reuters/University of Michigan index of consumer expectations six months from now, considered a proxy for future spending, rose to 65 in August and this month climbed to 69.2, according to a preliminary reading.

‘Improving Trends’

Officials at some companies are already seeing a pickup in demand. Best Buy Co., the world’s largest electronics retailer, raised its full- year earnings forecast last week even while reporting a drop in second-quarter profit, citing “improving trends” for sales.

“Customer traffic patterns have started to indicate signs of stability,” Jim Muehlbauer, chief financial officer for Richfield, Minnesota-based Best Buy, said in a Sept. 15 statement.

Money supply adjusted for inflation, which has the biggest weighting in the leading index and subtracted the most of any measure in the August report, took away 0.3 point.

The average number of weekly applications for unemployment benefits rose in August from the prior month, subtracting 0.09 point from the leading index and a reminder that consumer spending is unlikely to lead the recovery.

Jobless Rate

Economists predict claims will subside gradually. Claims dropped by 12,000 to 545,000 in the week ended Sept. 12, according to Labor Department data, while the total number of people collecting benefits rose.

The economic expansion projected to start this quarter won’t be enough to keep the unemployment rate from reaching 10 percent by the end of the year for the first time since 1983, according to a Bloomberg survey of economists this month. The rate rose to 9.7 percent in August, from 9.4 percent in July.

Unemployment rose in 27 U.S. states in August, with California, Nevada and Rhode Island reaching record levels of joblessness, the Labor Department reported Sept. 18 in Washington. California’s unemployment rate reached 12.2 percent and Nevada’s climbed to 13.2 percent.

“There’s still a fair amount of weakness in some of the larger states,” said Steven Cochrane, director of regional economics at Moody’s Economy.com in West Chester, Pennsylvania. “State finances are probably going to be among the last of all the various components of the broad economy to turn around.”

To contact the reporter on this story: Shobhana Chandra in Washington schandra1@bloomberg.net Last Updated: September 21, 2009 10:44 EDT

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Hi weishen81,

I m glad for u tat u are trying to pick as mush knowledge as iu can n bot those books n visited those recommended websites.

So sorry tat I dun know of any methods to learn virtual trade with SG stocks.

Wat I did to practice wat I learnt n refine n hone my skills is to read how other analysts n TA websites eg: ttp://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID369857&cmd=show&disp=p analysed n also self pracice by pulling out any chart, cover up thecandles n test my knowledge n predict the next day price action n then reveal the next day candle to see whether I m right or wrong, if wrong, where did I go wrong, but of course, at times we might be right but the price action the next day shows us wrong as the mkt at times are weird animal or we failed to identify tat is a fake candle eg candle body size, vol, divergence, etc n thus importance of setting stop-loss is crucial.

weishen81 ( Date: 20-Sep-2009 18:41) Posted:

Hi Richtan,

thanks once again for your help. Trying to pickup as much knowledge as possible. Have already bought some of the books that you recommended in those earlier posts, visiting the websites like oilngold to learn more about TA.. Is there any methods to learn virtual trade with local SG stocks? becos i opened an account with OptionsXpress, but their platform only allow Virtual Trade with US stocks..... Anyone knows?

OK thanks richtan! Much appreciated. Hope to learn from you again if I need help. Have a great week! Smiley

richtan ( Date: 19-Sep-2009 22:53) Posted:

Hi weishen81,

Trade Summary shows the "done deal" as oppose to the "buy/sell q" whereby BVol means the volume queueing to buy n SVol means the volume queueing to sell.

Normally, I ignore these queues as at most times, they are fake queues to trick newbies n used by the BB to "block n thrust" (putting up big buy volume to block buyers, so gives u the false impression of big q to buy n thrust to u if u catch their q on the seller's q) or vice-versa "block n catch" whereby if the seller is "put-off" by the huge sell q, might just throw to them at the buy q and they "catch" it. These buy/sell q can appear n disappear at their discretion.

In the "Trade Summary", which means done deal, the "sellvol" means trades done by buying from the seller's q and if all the seller's q is
exhausted, the sell q will jump up to the next higher level and vice-versa. So when the "Trade Summary" shows higher "sellvol" than 'buyvol",
it is known as a "buy-up" as more trades are done by "buying-up" from the sell q.

Hope this clarifies.

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Hi weishen81,

Trade Summary shows the "done deal" as oppose to the "buy/sell q" whereby BVol means the volume queueing to buy n SVol means the volume queueing to sell.

Normally, I ignore these queues as at most times, they are fake queues to trick newbies n used by the BB to "block n thrust" (putting up big buy volume to block buyers, so gives u the false impression of big q to buy n thrust to u if u catch their q on the seller's q) or vice-versa "block n catch" whereby if the seller is "put-off" by the huge sell q, might just throw to them at the buy q and they "catch" it. These buy/sell q can appear n disappear at their discretion.

In the "Trade Summary", which means done deal, the "sellvol" means trades done by buying from the seller's q and if all the seller's q is
exhausted, the sell q will jump up to the next higher level and vice-versa. So when the "Trade Summary" shows higher "sellvol" than 'buyvol",
it is known as a "buy-up" as more trades are done by "buying-up" from the sell q.

Hope this clarifies.

weishen81 ( Date: 19-Sep-2009 20:33) Posted:

Hi richtan and dear all,

I wish to know when you are referring to "heavy buying-up (almost double the sell-down), ", what does it mean? Because on the Table posted, which one actually refers to the amount of pple buying the counter? Should I look at SELL VOL (3,837) or BUY VOL (2,140).

Because i "thought" if i look at the BUY VOL, the statement doesnt make sense to me? Paiseh ah if the question is silly. Stil learning TA reading. Thanks!!!

richtan ( Date: 18-Sep-2009 11:16) Posted:

Smiley Smiley Smiley

No matter wat the 1 lotter do is useless,

"Trade Summary" at this point in time still keep showing extremely heavy buying-up (almost double the sell-down), but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:

5EN (MIDAS)

WEIGHTED AVG PRICE : 0.8705 LAST DONE PRICE : 0.865

SPREAD/PRICE RATIO : 0.0058 AVG TRADE SIZE : 25.262

< />

Last Trades Vol BuyVol Mid SellVol

0.855 1 1 1 0 0

0.860 19 664 190 0 474

0.865 60 278 93 0 185

0.870 122 2,872 1,139 0 1,733

0.875 35 2,172 717 10 1,445

TOTAL 237 5,987 2,140 10 3,837

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Smiley Smiley Smiley

No matter wat the 1 lotter do is useless,

"Trade Summary" at this point in time still keep showing extremely heavy buying-up (almost double the sell-down), but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:

5EN (MIDAS)

WEIGHTED AVG PRICE : 0.8705 LAST DONE PRICE : 0.865

SPREAD/PRICE RATIO : 0.0058 AVG TRADE SIZE : 25.262

< />

Last Trades Vol BuyVol Mid SellVol

0.855 1 1 1 0 0

0.860 19 664 190 0 474

0.865 60 278 93 0 185

0.870 122 2,872 1,139 0 1,733

0.875 35 2,172 717 10 1,445

TOTAL 237 5,987 2,140 10 3,837

risktaker ( Date: 17-Sep-2009 17:42) Posted:

Tomorrow selling day again. No BB will want to hold shares over long weekend :)
Dont pissed off i am just telling you the fact.

14/09 (Monday range) = 0.84 - 0.86
All the BB need to do now is pressure this burger down to 0.835 tomorrow. Tomorrow BB will Collect/Cover tons of shares at 0.840 or lower :)

Very good move BB :) YOU WIN AGAIN. HUAT AH

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tankuku
Member

Posted: 18-Sep-2009 09:49 Contact tankuku * Quote this Post!

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* Alert Admin

Showing strong buying interest :

09:45:37	0.875	250,000	Bought from Seller
09:45:32	0.875	500,000	Bought from Seller
09:45:22	0.875	20,000	Bought from Seller
09:44:35	0.870	128,000	Bought from Seller

Target price by OCBC research : $1.04

richtan ( Date: 18-Sep-2009 10:17) Posted:

Just ignore it, despicable act only to scare those unwary, if the big fish really comes in, they will be useless ikan-bilis

bennykusman ( Date: 18-Sep-2009 10:13) Posted:

1 lotter guy come back ?

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Just ignore it, despicable act only to scare those unwary, if the big fish really comes in, they will be useless ikan-bilis

bennykusman ( Date: 18-Sep-2009 10:13) Posted:

1 lotter guy come back ?

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I really dun know.

Wat happen in the past may or may not be a precursor of the future, it depends on the news flow during today n the holidays, but if any unforunate events were to happen (touched wood), this will probably affect only the short-term unless the mid to long term trend changes or when there is any sell sign in the stock when mkt re-opens after the holidays,.

So put aside any worries n enjoy your holidays worry-free n plan your trades when mkt re-opens.

bennykusman ( Date: 18-Sep-2009 09:52) Posted:

richtan,

what do you think of the holidays that are coming next week ? monday is off, then japan has kinda long weekend, indonesia market has kinda long weekend too.. based on ur experience, does that affect the market to go down ?

richtan ( Date: 18-Sep-2009 09:51) Posted:

Smiley Smiley Smiley

"Trade Summary" at this point in time shows extremely heavy buying-up, but of course,

nothing is guaranteed, may change, so dyodd n BOSAYOR:

5EN (MIDAS)

WEIGHTED AVG PRICE : 0.8697 LAST DONE PRICE : 0.875

SPREAD/PRICE RATIO : 0.0000 AVG TRADE SIZE : 69.857

Last Trades Vol BuyVol Mid SellVol

0.855 1 1 1 0 0

0.860 19 664 190 0 474

0.865 7 225 40 0 185

0.870 9 1,176 50 0 1,126

0.875 13 1,357 227 10 1,120

TOTAL 49 3,423 508 10 2,905

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I read the anal-ist report only on their FA but still time my entry n exit based on my own TA interpretation but of course, my interpretation may at times be right or wrong, thus why I also set stop-loss point.

keepnosecrets ( Date: 18-Sep-2009 09:50) Posted:

How many times are they accurately providing us the right moment to make money? I must count first because I don't know I have made from any of analysts' recommendation. I can remember mostly the losses. Please help me to remember.

tankuku ( Date: 18-Sep-2009 09:38) Posted:

At least 3 brokeage firm cover MIDAS with buy rating : OCBC , DMG and Lim&Tan.

Good Buy when correction.