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Latest Posts By richtan - Supreme      About richtan
First   < Newer   641-660 of 3268   Older>   Last  

10-Sep-2009 17:45 Others   /   Prepare for risk of double-dip recession       Go to Message
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Smiley Nah... dun be overly sensitive, when did I ever say woman can be bully nor made any implications tat u missed the boat, I m just quoting wat I read, "tat many people missed the March rally".

Well, it is a well-known fact tat woman are sensitive, so plse de-sensitise a bit n keep your cool.

I beg to differ, I dun play Mr Gloom nor Mr Doom, I jsut share watever I read n r non-judgemental nor biased in my judgement.

Wat makes u think I m on the wrong side, I need not blow my trumpets n announce in the forum how much I made, I just keep it to myself, be modest n humble, not showy.

There is no need to blow one's trumpet n claim credit nor debase n insult man or TA, nothing is 100% guaranteed, likewise your judgement nor TA, nothing is infallible.

All in all, in a nutshell, be sensitive to others feelings.

Hahaha, wat nature gives us are not balanced, be it eyes or bust or fingers but we can strive to be balanced in our views if we make an effort to.

There is no need to bet whether it is or it is not a sucker rally, wat will be will be, q sera sera, no prize nor award for being right except ego, anyway, ego means nothing in a faceless forum.



cheongwee      ( Date: 10-Sep-2009 17:15) Posted:



time to be gloom, you play doom and time to bloom, you play gloom...you are always on the wrong side....you lose big time...

and to balance your view...how balance are you???are u sure u are not tilted to one side...there are not balance state in the universe....go and compare your left and right eye..i believe if u really see, you know one is bigger than the other

and dont imply i miss the train or boat...i dont miss any...when i call this sucker rally, i was buying weeks before..look at my post below from 19 Apr..when i call...and i am in handsome profit..now.

i believe those who do TA and FA miss the boat...just look at the TA , at that time, it was real bad...all point down...all doom...saying mrkt will hit even lower....all analyst call their worse...they use TA ...too much..

leading economic data are more accurate to tell the state ofthe economy...

TA are nothing more then data collected of pass trading activity and computed to assume a future trend...this isn't the same as guessing...50/50???..now your turn to throw at me...dont thk woman can be bully...

most man are hopeless...only want to listen to good things...

and i still say this is a sucker rally...we see...who are right?...man or woman..

 


Master

Posted: 19-Mar-2009 03:35       Contact cheongwee          *  Quote this Post!
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* Alert Admin





Ladies and Gentleman,

I think the mother of all sucker rally is here finally...make your buck to recover your losses previously...dont be too carry away..OK



 

.
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10-Sep-2009 17:07 Allgreen   /   Allgreen - Can buy ?       Go to Message
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Hi Bintang,

How r u?

I have this counter in my CPF investment, good FA n potential, I m holding this for as long as the long-term trend is up.



Bintang      ( Date: 09-Sep-2009 09:41) Posted:

It would go to $1.47 , I would comment on its TA later .

yipyip      ( Date: 08-Sep-2009 16:43) Posted:

Hope Allgreen will reach $1.30!
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10-Sep-2009 17:03 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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U r most welcome.

Good for u, keep it up.

I look forward to your sharing of your analysis n chart posting to exchange pointers.



Kassanne      ( Date: 10-Sep-2009 16:55) Posted:



Hi RichTan. 

Thanks.  Got a bit thrown off when I saw the number 2965 in your reply.  Thanks and I have been reading TA books to keep up. Thanks again.
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10-Sep-2009 16:52 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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If it retrace n correct to 2522, it may form a bullish horizontal flag continuation pattern  as most of the emas are still trending up (from 30ema to 200ema, which is the long-term ema).

Jmo, dyodd n BOSAYOR.



richtan      ( Date: 10-Sep-2009 16:49) Posted:

My fibo is based on high on 10/10/2007 to low on 10/03/2009.

If it can't break above the double top, it may retrace to the next support at 2522 on 19/8/2009.



Kassanne      ( Date: 10-Sep-2009 16:38) Posted:

Hi RichTan, A newbie here and would like your expertise regarding your post on the your post below. 

{Aredi broke above the double top formation n above 2700, will probably head towards the fibo retracement level of 61.8% at around 2965, but of course not in one straight line, with corrections in between}

In double top formation, will the retracement level of 61.8% higher or lower than 2700.  I thought that retracement usually means it will go lower first before trending higher.  Maybe I did it the other way round?
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10-Sep-2009 16:49 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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My fibo is based on high on 10/10/2007 to low on 10/03/2009.

If it can't break above the double top, it may retrace to the next support at 2522 on 19/8/2009.



Kassanne      ( Date: 10-Sep-2009 16:38) Posted:

Hi RichTan, A newbie here and would like your expertise regarding your post on the your post below. 

{Aredi broke above the double top formation n above 2700, will probably head towards the fibo retracement level of 61.8% at around 2965, but of course not in one straight line, with corrections in between}

In double top formation, will the retracement level of 61.8% higher or lower than 2700.  I thought that retracement usually means it will go lower first before trending higher.  Maybe I did it the other way round?



richtan      ( Date: 10-Sep-2009 14:12) Posted:

No, I do monitor the intraday but chart still based on EOD
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10-Sep-2009 16:40 Others   /   Prepare for risk of double-dip recession       Go to Message
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Nah... no need to be Mdm Bloom, just let the mkt talk by itself, best to maintain a balanced view, not too biased to one side or the other, as it can equally be doom as well as bloom, there r many things just beyond human mind perception, too many variables tat we may overlook n thus formed a one-sided view.

It may turn out to be a "sucker rally" but also possibly not a "sucker rally"

Mkts tends to have the habits of proving people wrong n springing a surprise just as from March to now when a lot of people missed the boat, doubtful tat the mkt can be in a bull run when all things still look bleak, consoling themselves tat "nah... I dun believe it, this is just a sucker rally, sure to come down" but salivating watching the mkt keep going up n finally throw in the towel n join in the rally later.



cheongwee      ( Date: 10-Sep-2009 16:26) Posted:



Doom or Bloom...one will come after another...so next..will you call me Mdm Bloom...but trust me...i like bloom...really...but it seen to me you all only like bloom, but not doom...

so ok..i will be Bloom to make you happy.....

ok DOW will be 20000...sti 5000...when crises is over...OMG..now you are all smiling..
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10-Sep-2009 16:26 AusGroup   /   AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m       Go to Message
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richtan      ( Date: 10-Sep-2009 16:20) Posted:

On the chart, it looks like forming a bullish pennant n seems now consolidating within the pennant,

if sufficient vol to break above the resistance, it then confirms the strength of the breakout,

but there is also a possibilty of a break-down to the next support to form a bullish flag

(down-sloping channel) b4 subsequently breaking out upward from the bullish flag pattern.



guppy724      ( Date: 10-Sep-2009 16:09) Posted:

richtan, what usually the effect if 'today volume is higher than the previous...?"

what i did noticed, the price is sliding down??plse enlighten me.

thanks.
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10-Sep-2009 16:20 AusGroup   /   AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m       Go to Message
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On the chart, it looks like forming a bullish pennant n seems now consolidating within the pennant,

if sufficient vol to break above the resistance, it then confirms the strength of the breakout,

but there is also a possibilty of a break-down to the next support to form a bullish flag

(down-sloping channel) b4 subsequently breaking out upward from the bullish flag pattern.



guppy724      ( Date: 10-Sep-2009 16:09) Posted:

richtan, what usually the effect if 'today volume is higher than the previous...?"

what i did noticed, the price is sliding down??plse enlighten me.

thanks.



richtan      ( Date: 10-Sep-2009 15:39) Posted:



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 rating it as "bad post", accumulating for yourself and 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.

Today's vol had aredi exceeded yesterday's vol



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10-Sep-2009 16:11 Others   /   Prepare for risk of double-dip recession       Go to Message
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x 0 		Smiley Maybe we should award Cheongwee the title of "Mdm Doom" (all the while, I somehow had the impression tat cheongwee is a "he" especially with some of her those "man talk", till when she reveal herself in her post, OMG, I was shocked!!), just jesting, no offence, hehehe

Hulumas      ( Date: 10-Sep-2009 12:56) Posted:

DOW 3800? STI 1000 to 1200? WHY? WHY?WHY? SO SCARY!!! ARE YOU JUST KIDDING?

cheongwee      ( Date: 10-Sep-2009 12:09) Posted:

yes, he talk we listen, at this point of time, he is more to be right...

all due to high dose stimulus..cost cutting, job cut...and worse...suka suka...change of rule to accounting..in fact AIG, citi loss money...if properly accounted for..

this is amount to buying time...delaying the consequences...the more delay,,, the more will be the suffering..the more stock will collapse downward...DOW 3800 and sti 1000 to 1200..

listen to him, he the best person to know the market...
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10-Sep-2009 15:56 Others   /   Market News that affect STI       Go to Message
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Asia Europe America Commodity(** = 30 mins delayed)
Index Last Change % High Low Time
STI 2678.23 27.75 1.05% 2707.24 2676.05 15:54:45
Hangseng 21047.82 196.78 0.94% 21322.55 21020.92 15:54:48
Nikkei225 10505.42 193.28 1.87% 10521.14 10382.99 15:00:02
SSE 2924.88 -21.38 -0.73% 2958.95 2911.21 15:00:18
KLCI 1204.40 7.94 0.66% 1210.11 1196.46 15:54:46
SET 705.85 10.26 1.48% 710.62 702.29 14:54:54


richtan      ( Date: 10-Sep-2009 12:10) Posted:

 
Asia Europe America Commodity(** = 30 mins delayed)
Index Last Change % High Low Time
STI 2691.58 41.10 1.55% 2691.58 2676.54 12:08:15
Hangseng 21183.58 332.54 1.59% 21228.16 21124.57 12:08:17
Nikkei225 10461.46 149.32 1.45% 10490.59 10382.99 13:08:01
SSE 2918.56 -27.70 -0.94% 2950.79 2911.21 11:30:11
KLCI 1209.26 12.80 1.07% 1210.11 1196.46 12:08:30
SET 705.60 10.01 1.44% 706.68 702.29 11:08:21

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10-Sep-2009 15:55 Others   /   Market News that affect STI       Go to Message
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richtan      ( Date: 10-Sep-2009 12:07) Posted:


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10-Sep-2009 15:39 AusGroup   /   AUSGROUP: 1H09 revenue up 28.8% to reach A$260.5 m       Go to Message
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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 rating it as "bad post", accumulating for yourself and 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.

Today's vol had aredi exceeded yesterday's vol

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10-Sep-2009 15:12 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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x 0 		Yes, u r right, if it breaks thru 2670, it is a bullish pennant continuation pattern but inverse H&S is more valid for downtrend reversal pattern.

erictkw      ( Date: 10-Sep-2009 14:53) Posted:

Sorry lah, should be 2670. Smiley
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10-Sep-2009 15:00 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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I read from some TA books, including below analyst tat inverse H&S is valid more for in a downtrend reversal:

From:

http://www.thegoldandoilguy.com/articles/how-to-swing-day-trade-and-swing-trade-gld-spot-gold/

Why is gold not in a reverse H & S pattern? Because a reverse H & S pattern is just that, it means the price will reverse from the previous trend. A reverse H & S happens after a downtrend, which forms a bottom and the trend is not moving higher.

Gold has been moving higher, which you can see in 2007 and this large pattern is more like a Cup & Handle pattern – extremely bullish.




erictkw      ( Date: 10-Sep-2009 14:48) Posted:

If STI close at above 6670, it will have broken thru a pennant and an inverted head & shoulder. Am I reading it correctly? Smiley
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10-Sep-2009 14:52 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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x 0 		Smiley Wow!! wonder take how many years for STI to reach 6670

erictkw      ( Date: 10-Sep-2009 14:48) Posted:

If STI close at above 6670, it will have broken thru a pennant and an inverted head & shoulder. Am I reading it correctly? Smiley
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10-Sep-2009 14:29 Genting Sing   /   GenSp starts to move up again       Go to Message
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From OCBC Investment Research:

Genting Singapore: Proposes 1-for-5 rights issue


Genting Singapore (Genting) has proposed a renounceable 1-for-5 rights
issue at S$0.80 each to raise S$1.63b. According to management, the
issue is undertaken to pro-actively strengthen its balance sheet, enhance
its financial flexibility and competitive position, and facilitate future business
expansion.

Based on the last traded price of S$1.19, the rights discount is
about 33%; it is also at a 29% discount to the theoretical ex-rights price of
S$1.125. In view of the possibility of RWS opening before end 2009 and
also the more upbeat regional economic outlook, we have further refined
our estimates, raising our FY10 revenue by 11.4% and reducing our loss
forecast by 66.7%.

We have also bumped up our fair value from S$0.85 to S$1.05 (S$1.01 adjusted).

But given the limited upside, we maintain our HOLD rating.
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10-Sep-2009 14:15 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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x 0 		But the high, low, open n close will affect how the candles look n how the bulls n bears fight, trendlines also can be drawn from high, low or based on closing.

richtan      ( Date: 10-Sep-2009 14:12) Posted:

No, I do monitor the intraday but chart still based on EOD.

battouchai      ( Date: 10-Sep-2009 12:42) Posted:

Hi Richtan

I m still learning. Hope u can give me ur view. When u say oredi broke 2700, you do not consider teh closing level of the day? If STI closed end of day at 2690, is that consider broken teh 2700 level even if intraday high is above 2700? Thanks



Good Post  Bad Post 
10-Sep-2009 14:12 Straits Times Index   /   STI to cross 3000 boosted by long-term investors       Go to Message
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x 0 		No, I do monitor the intraday but chart still based on EOD.

battouchai      ( Date: 10-Sep-2009 12:42) Posted:

Hi Richtan

I m still learning. Hope u can give me ur view. When u say oredi broke 2700, you do not consider teh closing level of the day? If STI closed end of day at 2690, is that consider broken teh 2700 level even if intraday high is above 2700? Thanks



richtan      ( Date: 10-Sep-2009 12:35) Posted:

Aredi broke above the double top formation n above 2700, will probably head towards the fibo retracement level of 61.8% at around 2965, but of course not in one straight line, with corrections in between.

Dyodd n BOSAYOR
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10-Sep-2009 14:08 Genting Sing   /   GenSp starts to move up again       Go to Message
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AnthonyTan      ( Date: 10-Sep-2009 12:48) Posted:



Uncles, aunties,prataman, fishmongers,veg sellers,pork sellers

and punters are busy trading this counter.The hawkers said that

"wa phat ko phey ho khay cho seng lee" Which means that

"I am trading shares better than doing bussiness"

Cheers and good luck

 

 
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10-Sep-2009 14:07 Genting Sing   /   GenSp starts to move up again       Go to Message
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x 0 		Alarm bells ringing when u hear every uncle, auntie talk about a particular stock.

AnthonyTan      ( Date: 10-Sep-2009 13:00) Posted:



Coffee shop talk :- "S'pore hoon teng " very good.Casino not yet open

but I am making money orli.
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