Ooo i mean alot of supporter maybe in to push this baby back.

Btw Dow results now very bad, tomorrow does not need lots of shorter like nickyng ....also  got chance to slip down.

Continue to monitor first.

dealer0168      ( Date: 02-Jul-2009 21:39) Posted: If nickyng short it to below $1.70, alot of support will be in to push bk. buysell      ( Date: 02-Jul-2009 17:44) Posted: That explains why but i don't see a big deal with that.

I hv sold off the holding already cos will wait till STI 2400 , then consider buy the stocks. Cheers!

P/s - Since when i become 'senior'??  I am still 'green horn' in the market and wld prefer to remain as member.  :)

I wonder why he  seems to be against this counter & building his happiness when the prices dropped  is really uncalled for.

Perhaps he made hugh losses in this counter & get emotional . I am just curious to know what satisfaction or gain would he get for doing so.

Both of u are very right.

I was once like u too, falling in love with the stock, unwilling to cut-loss, pinning on hope tat it will recover, learnt my lessons, told myself this must be a wake-up call n to learn the ropes of the trade, thus wholeheratedly read up TA n money management books.

The 2 mantras tat is forever ingrained in my mind is:

(1) Plan your trade n trade your plan (ie do not be emotional n distracted by outside noises, eg forum, etc)

(2) Cut losses short (do not be emotional, be mechanical) n let profits run with trailinfg stops - do not be to eager-beaver to take small profits,we neeed to  maximise profits to cover all those losses n yet make net profits.

there debate that buy and hold is no longer valid....but that is for this fianacial crises...yes, if u bought in 1998 , you end up nothing in 2009, but if u bought years back, u are still in the black...

so,, buy to long on your favourite blues...even if u buy capitaland and kepland at 3.7 and 2.2....the next new low may see lower px, but u just sit it out till sti 5000...then capitland and kepland will be say 10 and 7 respectively....and also this new low may not come about...

so for those who want to long, do DCA also can..but only for blue chip only.....sure u make money becos sti 5000 is for sure...the question is not if but WHEN.....good luck to you....really got to go now...see u at 2 am...

you are wise, when i was younger, i said that , but when it come tp do it, i let emotiom play a major role, i hold, and hope that market is wrong and will reverse soon, but it always go down and down and down, till your stop loss got no meaning at all...

must enforce this stop loss no matter what....do u believe there are some who still holding on to STATAchp bought  8 buck till now 0.40c ...hoping it will go back to 8 buck...

that was me, but not this counter, i have learnt a lesson...nothing to be afraid or loss face...i am here to share my victory as well as my great defeat...

just do it, mechanically..

i thk the market is looking good ...toward end there sre some strong buying across the board as dow future gaining ground...

hope tomolo SAR soar and all counter soar...happy day to come back to this forum again..