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SPC
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KiLrOy
Master |
31-Jan-2007 23:22
Yells: "I buy only what I can see." |
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4.46 is a surge above 4.42, so it will be good. The price action will need to break out of the range we are seeing right now. I am not sure if its going to go up or down but chances are it will resume its last trend - upward. The uncertainty is why I locked in profit for earlier my trade. Still running 2.4km? CAT Y now I presume? |
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giantlow
Master |
31-Jan-2007 22:20
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everytime SPC prices goes on a rollercoaster ride, my heart starts pumping very hard man. like i am running 2.4km like that. KiLrOy.... i dun think 4.42 helps to resume upward trend, it needs 4.46 to resume uptrend |
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singaporegal
Supreme |
31-Jan-2007 22:03
Yells: "Female TA nut" |
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As I mentioned previously... I detect weakness in SPC. Be cautious. | |
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shplayer
Elite |
31-Jan-2007 21:52
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elf, you are absolutely right...I did not factor in the high from the adrenalin rush...cannot put a $$ price to it. : ) |
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elfinchilde
Elite |
31-Jan-2007 21:25
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hehe, shplayer, if it makes him happy, why not? :) |
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shplayer
Elite |
31-Jan-2007 21:23
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According to my calcs, if nickyng shorted 3 lots of SPC at 4.40 and 4.36, his net profit would have been $28.23. Broker comm+other fees is $91.77. Transaction turnover is $13,100+ each way.... Is it worth the risk? |
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elfinchilde
Elite |
31-Jan-2007 21:19
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hey giantlow, relax lah...i've already given you the trading range of SPC what...it's a 4 dollar stock, inevitable to have large movement. aside, be careful if it drops below 4.32-4.34. you asked abt celestial (sorry can't find the fellowship thread and too tired to go hunting for it): appears to be on downtrend since nov. it looks to be crossing a buy soon tho. in other words you're looking for a short up on a downtrend. prob look to go in abt 1.43-1.45; i have no idea what the upside is going to be tho. want to sell off....newmoon's warning abt correction... k, nites, buay tahan liao. zzz. |
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KiLrOy
Master |
31-Jan-2007 20:40
Yells: "I buy only what I can see." |
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Second day, the trade ended at 4.36. Intraday range between 4.36 & 4.42. Bigger picture we see the daily chart starting to consolidate between tight prices. A surge above 4.42 may helps resume the upward trend. | |
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patricia
Member |
31-Jan-2007 18:58
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Thanks giantlow - Will buy tomolo. Green Carrot |
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Livermore
Master |
31-Jan-2007 18:29
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Tracking my SPC warrant from Vietnam. It is moving man! | |
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chinkiasu
Master |
31-Jan-2007 17:47
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btw watch the volume distribution today: big boys bought about 700 lots! perhaps SPC if not then some fund managers, then we are in business... |
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chinkiasu
Master |
31-Jan-2007 17:38
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hang on giantlow.. :-) ... i just heard distilate inventory minus 2.1mbd.. but watch out for later today announcements.. however note the cold spell continues .. chicago is now minus 22 deg C. i think 2molo or friday should see more action by big boys do go for a work and have some rest, "old" man... |
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jackjames
Elite |
31-Jan-2007 17:26
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chinakangda 0.415, history LOW today. LMA 0.565, history LOW today too. OSIM climbs up a bit while ending.. Luzhou has "strong" buy up after 4.30 pm. Interesting. |
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brizy88
Member |
31-Jan-2007 17:12
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nickng - a good profitable dash and i am already feeling the thrill for you already. As some people had already pointed out, do you think it is worth the thrill to climb up the tree instead of picking those low-hanging fruits like OSIM (I must say from hindsight).? Nevertheless I feel good for you too and thanks for the thrill. |
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giantlow
Master |
31-Jan-2007 17:00
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the mkt is making an old man like me very tired man everyday, play yoyo |
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chinkiasu
Master |
31-Jan-2007 16:46
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hey nicky, good action.. but not for me the chinkiasu... I guess you have the short covered ...? but I suspect things may move 2molo or Friday.. saudi making oil cuts against oil inventories still high.. lets see where we go.. |
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giantlow
Master |
31-Jan-2007 16:43
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Patricia.... as my good fren, elf mentioned b4, $4.36 is a great price to enter. quite strong support at this level |
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awchyeong
Member |
31-Jan-2007 16:38
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Nickng: good for u. every day like this. earning better than working. but becareful of heart attack can happen any time. god bless u. | |
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jackjames
Elite |
31-Jan-2007 16:28
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not bad nickyng, guess you short at least 5 times liao, isn't it? | |
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shplayer
Elite |
31-Jan-2007 16:25
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nickyng, Good for you...like I said before...you are crazy. With this thin margins.... 0.9% for buy/sell, your broker makes most of it.....that is presumeably you traded above the minimum trading value to minimise your trading costs. |
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