Ha, AK guess, dressing few cts above closing px, if BBs wanted to push it high 2morrow. Though EU see a bit red at ds moment.

No call for anything during pre-close period, quite dangerous.

elfinchilde      ( Date: 12-Jan-2009 16:59) Posted: oops, my bad. on DBS: it's a pantang kantang BB playing it. so i won't be surprised if they decide to end it at 808 for today.

Yoh, 2day, the forum is overwhelming. Too much to learn n remember, old alrdy, no teeth, slowly digest liao.

 Tks for all d gurus.

Hi Elf, tks for the reading on Capitaland. Do you have TA on DBS.... it is now trading $8.11 down 31 cents.

elfinchilde      ( Date: 12-Jan-2009 09:44) Posted: thanks AK. hope you've had a good capricorn effect. :) let's look forward to Obama and CNY effect. to summarise capland's PVA analysis: 1) Capland generates on average only two proper trade signals a month. 2) Better entry for capland is on a DCA, called on S/R lines. 3) Exit for capland can be called quite accurately on williams 14. Best exit is the morning after a ramp up. 4) capland's ramps are either one or two day ramp up. (Hence one does NOT buy capland on the day after a ramp up). 5) Profile of traders in capland: fast movers, time needed to watch the counter while market is moving. No going for 2 hr meeting if you're playing this counter pls. 6) vol to control capland this time around is about 132mil. Added info not in my blog: foreigners in this counter. ML adores capland, amongst others. And this did NOT come from me.  7) Buy signal for capland likely to be generated this week (my guess is today). Sell signal will be next week/week after. 326 first stop point, real target is 370. Note: watch the rights issue rumors. Happy trading. Caveat applies pls.

Hi Elf,

In my previous post I mentioned if one had bought 10 - 20c from when STI reached 1475 not when Dow was 14000

That was a great post. I think a lot of us including me spend a lot of time trying to pick the bottom but spend way less time trying to pick a top. I should work on the latter :D

Blogging at moneytalk.sg on the stock market, ETF and anything to do with money. 

Hahaha...

No matter what style is used to play the stock market, it not that easy to make a lot of money...

This is because at any stage of the market, ie at any given moment, no one knows what the market is going to do next. A strong market may fall back, a falling market may rally. So since no one knows the market's next move, any action any day is just one's  bet, and nothing but a bet. One has done extremely well if one breaks even at the end of the game.


Talk of "trend" serves no practical purpose because a trend is only discerned after the trend has happened. No one can predict a trend!...

Actually one of the main points I wish to point out is this. Let's say for some stock you got it about 10- 20c from its low when STI was at 1475. If one is not that good at trading one way is just shut your eyes and open them years later. The problem that could happen is that you sell and the stock continues to go up. Then  you try to buy back, it falls. You could totally mess up your positions. Maybe for some after they sold, and it continues to go up, and then they hope for it to come down to the price where they sold the stock at but it never happens. Then  years later they find the stock is way up in the sky. Market is so volatile that sometimes it is very hard to be precise.

At the end of the day when years later the stock you managed to buy at a good price might have gone all the way to the sky but because you lost track of it, you did not buy it back after you sold. You would then ask yourself would you have made more if you had just bought and held on, considering you got it at a good price