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Good News for China Hongxin

tedlim_me
Senior

05-Jul-2009 21:33

tedlim_me About Contact Quote this Post! Style: Flexible Mood:

Yells: "there is no equity in the equity markets"

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sigh.. richtan! I declare the below a bad post! Smiley

richtan ( Date: 05-Jul-2009 17:18) Posted:

Hi Forumers,

After much consideration and painful decisions and thought of only quit posting when there are too many forumers doing misleading post and forumers rebuting for the sake of rebuting, I had finally made the decision to stay out of posting and join the ranks of Cheong Wee and remain a passive reader, too energy-zapping and time-wasting, much as is my passion to help newbies but I find a lacking of support from the rest of the forumers except for the handful of forumers who are willing to stand out to lend me their support and rebut, the majority are just passive readers.

I will resume my sharing, advice and TA posting only when admin removes people like newtothis n anfield_76 as it defeats my effort of posting and sharing with all this irritant in my eyes.

My last advice to all newbies is to click my nickname and read all my advice and sharing and not fall prey to all those deceptive ploys, one-liners, BBs, emotional postings, wild calls telling u tat "it will hit xxx price by today" even b4 the mkt close as if they dominate and control the mkt like Lord Buddha control Monkey God under his 5 mountains.

Bye for now and hopes to return later when the environment here is more conducive and less of all this undesirable noises and deceptive ploys like BBs and those emotional postings.

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richtan
Supreme

05-Jul-2009 17:18

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richtan
Supreme

05-Jul-2009 12:47

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Just my sharing with all forumers, particularly to newbies.

Read today's Sunday Times,"Invest, pg 23", I quote in red:

"Watch Out for Scammers"

Point no. 3:

3. Pump and Dump scams.

These are typical conducted via an unsolicited phone call or e-mail. The scammer, who holds a stock, attempts to boost its price via false and misleading recommendations (the "pump") which are e-mailed to many people. The stock is often promoted as a "hot tip". Once there is a surge of interest from victims, the scammers sell the stock (the dump").

The victims lose their investments as the stock price falls. Such scams usually target thinly traded or small-cap stocks as they are easy to manipulate and it does not take many new buyers to push up the prices. To avoid being taken in, it is best not to rely on information you receive via an unsolicited source.

My comments:

(1) This is true not only via unsolicited phone call and e-mail but also in public forums, so be wary of wat u read and dyodd.

(2) It is also true tat scammers usually target thinly traded or small-cap stocks, but it is still okay to trade small-cap stocks if u dyodd using FA and TA. Knowing tat the stock has good fundamentals is not good enuf as u may get caught buying at a high price by the "pump" which is primed for corrections (the dump"), thus the importance of TA to know whether it had been pumped up (avoid buying and being caught) and instead wait for buying opportunities (during the correction) by studying the candlesticks and other indicators for reversal patterns.

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weishen81
Member

04-Jul-2009 02:54

weishen81 About Contact Quote this Post!

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hi richtan, haha dont get distracted by that! u know singapore always has funny and weird people everywhere!!! One thing for sure, forumers know who is constructive (YOU), and who are trouble makers.

richtan ( Date: 04-Jul-2009 00:58) Posted:

Hi weishen88, Smiley

It never fails to amuse me Smiley Smiley Smiley tat even my reply to u can also get

bad rating from my lbusybody loggerheads who dun see eyes to eyes with me, yet

always have the strong urge to like peeping at me n then give me bad rating about my size n length. Smiley Smiley Smiley

richtan ( Date: 02-Jul-2009 23:57) Posted:

Hi weishen,

Next time, remember to hit "enter" at the end of the link to make it clickable:

www.incrediblecharts.com

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richtan
Supreme

04-Jul-2009 00:58

richtan About Contact Quote this Post!

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Hi weishen88, Smiley

It never fails to amuse me Smiley Smiley Smiley tat even my reply to u can also get

bad rating from my lbusybody loggerheads who dun see eyes to eyes with me, yet

always have the strong urge to like peeping at me n then give me bad rating about my size n length. Smiley Smiley Smiley

richtan ( Date: 02-Jul-2009 23:57) Posted:

Hi weishen,

Next time, remember to hit "enter" at the end of the link to make it clickable:

www.incrediblecharts.com

weishen81 ( Date: 02-Jul-2009 22:56) Posted:

Hi! i am a newbie too. but happen to find this site and think the information is useful and easy on the language. You may want to give it a try? Cheers! Smiley

www.incrediblecharts.com

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richtan
Supreme

03-Jul-2009 23:54

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Alemak, Smiley Smiley Smiley

I aredi upfront ask those TA detractors not to peep at my chart posting, but still hor,

these peepers cannot control their urge n still like to peep at things they dun like to see n

then give me bad rating bcos they think my size not big or long enuf for them. Smiley Smiley Smiley

richtan ( Date: 03-Jul-2009 19:06) Posted:

anfield_76, newtothis n all TA detractors,

Plse...plse...plse.. Smiley

dun peep at my charts n make comments as my posting is for fellow TA practitioners to exchange pointers only.

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erictkw
Veteran

03-Jul-2009 22:13

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I also see a break at the top resistance line of a short bullish pennant.

Stochastic and MACD looks good.

Strong potential for an up trend

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richtan
Supreme

03-Jul-2009 19:06

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anfield_76, newtothis n all TA detractors,

Plse...plse...plse.. Smiley

dun peep at my charts n make comments as my posting is for fellow TA practitioners to exchange pointers only.

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blueprintmedia00
Member

03-Jul-2009 10:35

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Hi richtan & weishen,

Thanks for the web site J

richtan ( Date: 03-Jul-2009 00:02) Posted:

Oh yes, they have the Free Education on TA.

richtan ( Date: 03-Jul-2009 00:00) Posted:

Weishen,

If I m not wrong, this is just a free TA charting tool and u need to subscribe to the stock data feeds in order to view the stock's chart.

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richtan
Supreme

03-Jul-2009 00:02

richtan About Contact Quote this Post!

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Oh yes, they have the Free Education on TA.

richtan ( Date: 03-Jul-2009 00:00) Posted:

Weishen,

If I m not wrong, this is just a free TA charting tool and u need to subscribe to the stock data feeds in order to view the stock's chart.

richtan ( Date: 02-Jul-2009 23:57) Posted:

Hi weishen,

Next time, remember to hit "enter" at the end of the link to make it clickable:

www.incrediblecharts.com

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richtan
Supreme

03-Jul-2009 00:00

richtan About Contact Quote this Post!

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Weishen,

If I m not wrong, this is just a free TA charting tool and u need to subscribe to the stock data feeds in order to view the stock's chart.

richtan ( Date: 02-Jul-2009 23:57) Posted:

Hi weishen,

Next time, remember to hit "enter" at the end of the link to make it clickable:

www.incrediblecharts.com

weishen81 ( Date: 02-Jul-2009 22:56) Posted:

Hi! i am a newbie too. but happen to find this site and think the information is useful and easy on the language. You may want to give it a try? Cheers! Smiley

www.incrediblecharts.com

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richtan
Supreme

02-Jul-2009 23:57

richtan About Contact Quote this Post!

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Hi weishen,

Next time, remember to hit "enter" at the end of the link to make it clickable:

www.incrediblecharts.com

weishen81 ( Date: 02-Jul-2009 22:56) Posted:

Hi! i am a newbie too. but happen to find this site and think the information is useful and easy on the language. You may want to give it a try? Cheers! Smiley

www.incrediblecharts.com

blueprintmedia00 ( Date: 01-Jul-2009 16:46) Posted:

Hi Master richtan, Thanks again for your re posting. I saw your reply on the Pro & Con between UOBKH & DBSV. I think there’s problem with the ShareJunction server last night & couldn’t see your posting now. Hope I can contribute / share my TA in future after I study and use them. Currently, I’m using this site to learn: http://www.onlinetradingconcepts.com/index.html. I’m not sure if this is a good site but I think is easy to understand for beginner like me. Anyone can share other good site to study on TA, candlestick and etc?

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weishen81
Member

02-Jul-2009 22:56

weishen81 About Contact Quote this Post!

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Hi! i am a newbie too. but happen to find this site and think the information is useful and easy on the language. You may want to give it a try? Cheers! Smiley

www.incrediblecharts.com

blueprintmedia00 ( Date: 01-Jul-2009 16:46) Posted:

richtan ( Date: 30-Jun-2009 23:31) Posted:

Hi blueprintmedia,

I use both, hope u dun mind, do a search on my useranme, as I had posted b4 on their pros n cons.

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Juzztrade
Veteran

02-Jul-2009 01:14

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Yells: "Techincal and long term investor"

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Those who are good in TA, should become resident speakers for T3B, METASTOCK, Cycle Trends, DOW Jones TradeStation or even write their own program in the near future. Good Luck.

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Bintang
Elite

01-Jul-2009 21:14

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Hi richtan , noted with thank .

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richtan
Supreme

01-Jul-2009 21:01

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Hi Bintang,

U can use either UOBKH (Free chartNexus charting tool) or "Lim n Tan" as I saw pilotfish chart posting which looks like also chartNexus which is a extremely easy tool to use.

I do not know about lim n tan but I like UOBKH, very user-friendly, with right mouse click quick select menu .

Nah, dun say learn from me, we learn from one another, exchange pointers.

Just ignore (but I will rebut to protect newbies) those "noises" postings n no need to waste our breath to convince those TA detractors, Cantonese saying "Ngow thow ng yam sui, tim cheok ngow thow tai", literally mean "u can't forse a cow to drink watre if it refuses even to lower its head"

Bintang ( Date: 01-Jul-2009 19:42) Posted:

Thank you richtan for your encouragement ,much appreciated ! I m still trying to post the chart . I m happy and willing to learn from you .As long as we could read the chart and tell the true from the chart to all the forumers , we had already done what we must do in this forum . People like you know chart n beleive in charting will always willing to listen even though without showing the chart , but not for others . Do not blame the charts not giving the early signals , but only ourselves to blame . Am I right , Mr Tan ? Like to share your views . Thanks .

richtan ( Date: 01-Jul-2009 17:27) Posted:

I agree with your points, wow, keep it up, u are very knowledgeable.

Btw, noticed tat pilotfish did a chart posting using "Lim n Tan" which looks like also using chartNexus.

Many thks for making the effort to post the earlier chart, as I can't see the inverse head n the left shoulder, would appreciate if u can kindly post another chart to include the inverse head n the left shoulder.

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richtan
Supreme

01-Jul-2009 20:50

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Hi Weishen,

U are most welcome.

Free feel to ask, basically the charting tools are very simple to use with quite many features which I dun use all of them.

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newtothis
Veteran

01-Jul-2009 20:11

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you dont get what i mean lol :)

watchlist ( Date: 01-Jul-2009 17:34) Posted:

What an irony? Havent been following a while here after the strong fight. Now stock movement dictator asking TA master for portfolio and direction. Sound like temple scene..... lol

newtothis ( Date: 01-Jul-2009 17:21) Posted:

richtan can you share with me your porfilio like which shares you have ?

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Bintang
Elite

01-Jul-2009 19:42

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richtan ( Date: 01-Jul-2009 17:27) Posted:

I agree with your points, wow, keep it up, u are very knowledgeable.

Btw, noticed tat pilotfish did a chart posting using "Lim n Tan" which looks like also using chartNexus.

Bintang ( Date: 01-Jul-2009 11:14) Posted:

To form the right shoulder of the H&S pattern need not to have high volume , once the penetration of the neckline , the volume should be high enough to sustain the trend .

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watchlist
Member

01-Jul-2009 17:34

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What an irony? Havent been following a while here after the strong fight. Now stock movement dictator asking TA master for portfolio and direction. Sound like temple scene..... lol

newtothis ( Date: 01-Jul-2009 17:21) Posted:

richtan can you share with me your porfilio like which shares you have ?

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