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Super sell DOWN!!!!1
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OneSharer
Veteran |
11-Jan-2008 17:55
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Ang mo where? Ang mo far or near? If Ang mo far, hopefully last night's good news can bring mkt up on Mon. |
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Pinnacle
Master |
11-Jan-2008 15:15
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One reason is today is last day of trading week. So many traders and BBs cashing out. This is norm. I think another reason may be due to central bank is intervening heavily to cap our rising currency as Singapore dollar has been testing the top end of the Monetary Authority of Singapore's (MAS) policy band. Then the institutional investor may cash out on this news. |
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sohguanh
Veteran |
11-Jan-2008 14:22
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According to one forumer by the nick Louis something, he claim ang mo remisier tell him today lotsa of them will short and do heavy selling. Seems quite true. Is it all shorting or really ppl offloading shares on their hand? It neber worry me abit since my stock strategy is different. If they dare to short low enuff, I will take it up. I am now queue-ing a few bids behind All Time Low of some stock. I wanna see if the ang mo remisiers wanna short until how low. But I may not see it cuz stocks I have queue-ed are very low in volume and such stocks shortist dun like to play. They if short sell buy back nobody throw to them how? :P |
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jasonrxz
Senior |
11-Jan-2008 12:05
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Was very busy to cut losses just now without stopping my fingers!!!! Wat happened? all like plunging from sky AKA sky diving? when will it stop? Advice on picking cheap stocks?? any comments? cheers 
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