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DOW
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handon
Master |
02-Sep-2009 00:24
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my boss covered all short.... nothing left.... 9.3 real resistance.... 9.5 is nvr a important point... hehe.... may go long later... |
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cheongwee
Elite |
02-Sep-2009 00:24
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integrity lose...because of stubborn,,sell early...we all win...we lose the part of the profit... come Thursday, i dont want to dance, i will rock and roll...joking..i am too old to do that. hope you are not angry, but pls dont miss the boat again.....market are giving you a chance to board.. pls join in... |
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richtan
Supreme |
02-Sep-2009 00:23
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Nah.... nah...nah... I too still on the dance floor, see my posting on DOW chart and my commentaries, to me it is just a correction presenting good buy opportunities, but of course with stop-loss (basic rule of TA trading) as TA is not infallible. Making losses is part n parcel of trading, thus why I always remember by heart n abide by the 3 mantras I learnt from TA books: (1) Remember, the trend is your friend, never, never go against the trend (200ema), we need to know the short-term, mid-term n long term trend n trade accordingly (2) Plan your trade n trade your plan, which means we need to analyse the chart for buying opportunities (TA skills needed, though not infallible) n set out stop-loss point b4 enter a trade (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
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Integrity
Veteran |
02-Sep-2009 00:22
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good night cheongwee... lol | ||||
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cheongwee
Elite |
02-Sep-2009 00:18
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by next week you will be even worse...more sour then before today...because market is heading higher..and then your integrity and you will be gone till oct bear come..then you appear again...we see. those who hear my call, during market correction on SAR know better,.. i feel happy dow is down, because i want to buy cheap...because economic data is all ok...so??? can you give reason to sell???which data is calling a sell.. if i sell and 2 days later market cheong, can you make up for the losses... they have been making money fr my call....fr Apr..they make tons..even if they lose tomolo..they are still in the profit..li hen..fr 26c...dont tell me tomolo it drop to 26c...hahahaha
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handon
Master |
02-Sep-2009 00:18
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my boss covered short.... hehe.... still got short open.... | ||||
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Integrity
Veteran |
02-Sep-2009 00:15
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The music stop and everyone has stop dancing except for this optimistic cheongwee still in the dance floor... | ||||
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Integrity
Veteran |
02-Sep-2009 00:11
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Whatever... sleep early tonight and just prepare to load more tomorrow when STI open. By the way, pls do not feel fustrated when DOW is down. I hope the people here did not listen to you last night and reload today, otherwise sure pengsan like you.
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cheongwee
Elite |
02-Sep-2009 00:11
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when Wall st want to take profit...they give reason been bank stock is over value..but i thk it is true..they are up too fast...
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cheongwee
Elite |
02-Sep-2009 00:09
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if you are very sure it is a bear market and market are heading lower for sure.. you can short big time to make big bucks....jmo...pls do it..i want to buy even cheaper.. dont know which one to short....mermaid, li heng, tiong woon...short guocoleisure..i like to buy more this one..
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DnApeh
Master |
02-Sep-2009 00:07
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Dow broke out of reversed head & shoulders, so the next thing i watch out for is a test of the neck-line. If neck-line holds, put all the money into stocks! No lah, just kidding, buy within your means, but you will not get a better buying opportunity than a successful test.
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cheongwee
Elite |
02-Sep-2009 00:06
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sure fellow...at least you are smart to this extent to buy when bear are giving away.. join me tomolo and buy.....you read richtan post....rally is still on.. this is how you make money ..not sell early and ask ppl to follow you...so ended up like you sour and jeolous and envy...am i right?
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Integrity
Veteran |
02-Sep-2009 00:02
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You are indeed stubborn and "clever" investor, just hope you will buy more tomorrow. lol. | ||||
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richtan
Supreme |
02-Sep-2009 00:02
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Look at my DOW chart posting below, DOW is imo just doing a correction, worst case scenerio is pullback to the 200ema at about 9000, which still does not invalidate the uptrend, unless it close below the 200ema and the 200ema starts to turn down. Correction to 9000 is not unreasonable as the run-up is really too much, without a real meaningful corrrection.
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cheongwee
Elite |
01-Sep-2009 23:59
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i am feeling frustrated with ppl whi miss the train ride from Apr till now..and joelous of other.. i am not frustrated with my counter...we see..i am far in the profit.. |
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cheongwee
Elite |
01-Sep-2009 23:57
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i still said that market rally is still on...come Wed you will be quiet..you got no integrity...all i know is that you sold early and jeolous of other....am i right? be honest...
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richtan
Supreme |
01-Sep-2009 23:55
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This is imo, definitely not a bear mkt rally as it is above the 200ema and the 200ema is turning up, if 9134 fails, the enxt support is at the 200ema at around 9000:
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louis_leecs
Elite |
01-Sep-2009 23:55
Yells: "half cash" |
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idun think the water can safety overflow to dam,,,,,,,,,,,,the correction start to kick in,,,,,,,,,,,,music alre3ady stop,,,,,,,,,,,,,,,,,,,,no more music,,,,,,,,,,,,,,,,,,,blue chip coreection first then penny,,,,,,,,,,,i saw alot bb push china counter allthe way today and run away today,,,,,,,,,,,,,,,,,,all evident tat correction near the junction,,,,,,,,,,,,,,,,,,,,,HEAVY COLLECTION COMING,,,,,,,,,,,,,,,,,,,,,,,,,,,IM HALF WAY ROAD TO BUKIT TIMAH HILL AGAIN,,,,,,,,,,,,,,,,,,,20% HOLD THE BABY,,,,,,,,,,,,,,,,,,,,,,,,,,,,,80% CAH ON HAND,,,,,,,,,,,,,,,,,,,,,,,CASH IS KING AGAIN | ||||
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Integrity
Veteran |
01-Sep-2009 23:54
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Haha... there u go again. You must be feeling fustrated after loading today. Yes! I hope you will buy more equities tomorrow but pls stop your nonsense here that the market is very bullish from September till October and pls refrain from misleading the newbies here. You may have a lot of your casino money to lose but that is your business...
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cheongwee
Elite |
01-Sep-2009 23:52
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yes i bought more today...tomolo i buy more..hope you join before you get more even jeolous and sour grape...hahahaha
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