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Midas

Isolator
Supreme

09-Jun-2010 11:40

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Yells: "STI is hard landing to below 2000..."

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Done.. No greed... Smiley

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iPunter
Supreme

08-Jun-2010 17:04

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I am a strict negotiator...

If I don't get it at my price, I pass it on...

There are so many other goodie counters (chartwise) on SGX for the picking... Smiley

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Laulan
Master

08-Jun-2010 16:48

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You are saying to get it cheaper better than to get it higher, right? But then you might have to wait very long. It might reach there, but it might also not reach there. Going in at ard + or - 90 possible to get.

iPunter ( Date: 08-Jun-2010 16:46) Posted:

If I can't get this beast @.80, I wouldn't buy it...

I mean, why should I? Smiley

Laulan ( Date: 08-Jun-2010 16:38) Posted:

Since many don't like this counter, it is time to buy. But what is the best price to enter? I think <90.

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iPunter
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08-Jun-2010 16:46

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If I can't get this beast @.80, I wouldn't buy it...

I mean, why should I? Smiley

Laulan ( Date: 08-Jun-2010 16:38) Posted:

Since many don't like this counter, it is time to buy. But what is the best price to enter? I think <90.

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Isolator
Supreme

08-Jun-2010 16:41

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Buy at your comfortable price, make sure set a acceptable cut loss... I sell u buy...No choice I need to follow my feeling... Smiley

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Laulan
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08-Jun-2010 16:38

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Since many don't like this counter, it is time to buy. But what is the best price to enter? I think <90.

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iPunter
Supreme

08-Jun-2010 16:33

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Looks like the market is consolidating... Smiley

Isolator ( Date: 08-Jun-2010 16:06) Posted:

My feeling tells me can short sell now.. My feeling again... Smiley

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Isolator
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08-Jun-2010 16:06

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Yells: "STI is hard landing to below 2000..."

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My feeling tells me can short sell now.. My feeling again... Smiley

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Isolator
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07-Jun-2010 14:53

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My feeling tells me this is in short term downtrends...

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ozone2002
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07-Jun-2010 14:03

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below 90c...

good fundamentals... dip is buying opportunity...

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kiasiDBT
Veteran

07-Jun-2010 01:24

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Aiyah, downtrend is not peculiar to oni Midas lah, now is oso time to tell tat most counters is still in the downtrend, so nothing surprising if Midas oso downtrend.

Bintang ( Date: 05-Jun-2010 09:00) Posted:

Now is time to tell that Midas is still in the downtrend .

WLBO_BB ( Date: 02-Jun-2010 19:56) Posted:

dun argue, time will tell.

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Bintang
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05-Jun-2010 09:00

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Now is time to tell that Midas is still in the downtrend .

WLBO_BB ( Date: 02-Jun-2010 19:56) Posted:

dun argue, time will tell..

kiasiDBT ( Date: 02-Jun-2010 09:19) Posted:

Midas stayed below 94 is bcos of poor mkt sentiments, not bcos it is poor FA.

Your post is vague and ambiguous, seems misleading and implying tat Midas FA is not good enuf, thus why despite clinching one contract after another, its price stll stay below 94

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Bintang
Elite

05-Jun-2010 08:57

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Midas has come down recently n also breaking the bearish rising wedge , it is very likely to go down further .

Bintang ( Date: 01-Jun-2010 13:35) Posted:

After Midas broke its 10MA n moved down from $1.02 , it reached a low at 83 cents n started to rebound . It was moving up n down these few days n looked like it is forming the bearish rising wedge . Breaking this formation may see the share price moves down again .

pharoah88 ( Date: 01-Jun-2010 10:30) Posted:

Why is the price coming down ?

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kiasiDBT
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04-Jun-2010 14:47

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Alemak, plse lah, for heaven sake, look at the general mkt as a whole, dun tell me u dun knoe tat majority below 200ma or is it oni Midas one counter below 200ma.

When mkt is bullish, 94 is chicken feed lah.

Bintang ( Date: 04-Jun-2010 10:25) Posted:

Clinching more contracts or whatever , as long as it still stays below the 200MA , the downtrend is intact .

Bintang ( Date: 02-Jun-2010 07:03) Posted:

So now u know that nothing could against the market sentiments even though 'clinching one contract after another '

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Bintang
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04-Jun-2010 10:25

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Clinching more contracts or whatever , as long as it still stays below the 200MA , the downtrend is intact .

Bintang ( Date: 02-Jun-2010 07:03) Posted:

So now u know that nothing could against the market sentiments even though 'clinching one contract after another ' .

kiasiDBT ( Date: 02-Jun-2010 01:29) Posted:

Mkt sentiments oso play an impt part, in a down mkt, most counters with good FA oso down, so its natural tat Midas oso down due to either kancheong spider, contra selling or force-selling.

When mkt sentiments turn +ve, I m sure Midas shld break above 94.

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risktaker
Supreme

03-Jun-2010 12:03

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if clear 0.95 today we will see 0.98 :)

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kiasiDBT
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03-Jun-2010 11:48

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Note tat the 5ma had cut above the 10ma, if DOW, SSE, HSI and Europe can sustain the bullish sentiment with no further bad news, 94 is chicken feed

kiasiDBT ( Date: 03-Jun-2010 11:42) Posted:

Dun expect miracle, DOW just went up yday, dun knoe whether can DOW sustain, could be one night stand and oso a lot of stale bull to clear.

If confirm bull mkt, of course 94 is chicken feed

Bintang ( Date: 03-Jun-2010 11:14) Posted:

Market sentiments have changed , why Midas still stays below 94 cents

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kiasiDBT
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03-Jun-2010 11:42

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Dun expect miracle, DOW just went up yday, dun knoe whether can DOW sustain, could be one night stand and oso a lot of stale bull to clear.

If confirm bull mkt, of course 94 is chicken feed

Bintang ( Date: 03-Jun-2010 11:14) Posted:

Market sentiments have changed , why Midas still stays below 94 cents ?

kiasiDBT ( Date: 02-Jun-2010 09:19) Posted:

Midas stayed below 94 is bcos of poor mkt sentiments, not bcos it is poor FA.

Your post is vague and ambiguous, seems misleading and implying tat Midas FA is not good enuf, thus why despite clinching one contract after another, its price stll stay below 94

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Bintang
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03-Jun-2010 11:14

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Market sentiments have changed , why Midas still stays below 94 cents ?

kiasiDBT ( Date: 02-Jun-2010 09:19) Posted:

Midas stayed below 94 is bcos of poor mkt sentiments, not bcos it is poor FA.

Your post is vague and ambiguous, seems misleading and implying tat Midas FA is not good enuf, thus why despite clinching one contract after another, its price stll stay below 94

Bintang ( Date: 01-Jun-2010 17:54) Posted:

Clinching one contract after another , Midas never go up further , n still stayed below 94 cents

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lowchia
Veteran

02-Jun-2010 23:20

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Today Midas managed to close at its high of $0.915 though the trading volume is low at 3.6 million shares.

A white bullish candle with no upper/lower shadow shown that the investors have no hesitation in buying up this stock. However it is important to know Midas has yet to break its important resistance at $0.92 and with its 200days MA just slightly above.

RSI & MACD indicators are starting to look bullish as MACD did a “golden cross” today with RSI at 43%.

Important Resistance of Midas: $0.92

Immediate Support of Midas: $0.825

We would suggest only to buy when Midas break out of $0.92 at high volume otherwise the up side is limited. After which look out for the critical neckline/Fibonacci 61% resistance at $0.96 and prepare to take profit once swing down.

SEE GENTING & SPH CHARTS ANALYSIS

Just for sharing info!!

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