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rotijai
Supreme |
04-Jan-2011 21:09
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BT and gaecia.. do u think STI will follow europe's rally tmr ? or depends on US tonight? | ||||
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iPunter
Supreme |
04-Jan-2011 21:08
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It really baffles me that you have such a strange impression... My long trades overwhelm my short trades. I am never 'shortist by nature'. Thus you have made a 'wrong trade' in this regard...
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BullishTempo
Supreme |
04-Jan-2011 21:08
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LoL Gaecia don't fret, I might be wrong. I just notice that iPunter prefers to short more than long. Maybe he did go long this time. Anyway, Europe is up, and Dow Futures is healthy. Tomorrow likely a bullish day again. Some critical price resistance levels : Indofood - 2.99, Noble 2.30, GenSp 2.25, Gar 0.835 Break resistance - hold, retreat from resistance - sell Simple rules.
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Gaecia
Elite |
04-Jan-2011 21:04
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Huhh!!!! Is that his nature? but it doesn't seem so from the way i know ipunter's approach. Bullish...i'm going into panic attack again. whoa how to survive like that with so many 'bad news', i already kenna one today. I think best is, to look away from here.
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BullishTempo
Supreme |
04-Jan-2011 21:00
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I have been holding since 0.74 Taking profit for 50% of my Gar holdings is good risk management at this point. |
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BullishTempo
Supreme |
04-Jan-2011 20:58
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iPunter is a shortist by nature. That is his style.
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DnApeh
Master |
04-Jan-2011 20:51
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long or short? Indo looks better to me.
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eastcivic
Elite |
04-Jan-2011 20:50
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should be long.... his last sentence is "By my reckoning, it should rise tomorrow" :P
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Gaecia
Elite |
04-Jan-2011 20:47
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shi zhen de ma, ipunter expert? You also think it will breakout frm range bound right. Gar is moving like a snail this time, i need to be patient for that long white maz candle within 2 days else i'll be doomed with BT's conviction. The last downtrend built a rather good base for a berry good rise. wait a min, you entered to go long right?
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eastcivic
Elite |
04-Jan-2011 20:39
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good luck!
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iPunter
Supreme |
04-Jan-2011 20:37
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I have entered GarGar again @.82 By my reckoning, it should rise tomorrow... |
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eastcivic
Elite |
04-Jan-2011 20:37
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GREAT! hopefully europe and the dow will help spur gsp :D
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eastcivic
Elite |
04-Jan-2011 20:35
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ya i understand that.... there is really no hard and fast rule in the stock market... thanks!
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Gaecia
Elite |
04-Jan-2011 20:34
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That must have made you hyper happy again. ;) |
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iPunter
Supreme |
04-Jan-2011 20:32
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The European markets are now having "Chiong Aaaaaarrhhh!!!" big-time... It looks like the bull is not letting up... |
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Gaecia
Elite |
04-Jan-2011 20:31
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I was citing in the context of a runaway stock like this gx's behavior, in fact pennies are playing a good catch up this time round. 4 bids down from intraday's highest price (to me) is an indication of sorts ie. reversal. Gee...that said i'd better focus on Gar tmr on Bullish's advice. I really don't have what feel lah. ec there's no hard & fast rule that one has to adhere, this may or may not apply to index/ component stocks as reversal signal esp. some tends to have broader intraday volatility. Certain counters has its own characteristics.
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james87
Veteran |
04-Jan-2011 19:49
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market keep going upz...i have a feeling correction may be underway | ||||
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eastcivic
Elite |
04-Jan-2011 18:42
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errmmm sorry i need abit of clarification.... this 4 bids down refers to the closing price right? i mean, what if the price drops 4 bids down from intraday high but towards the closing, recovers to close maybe just 1-2 bids down magnitude? if this happens then the 'feeling' for correction will not be valid?
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eastcivic
Elite |
04-Jan-2011 18:37
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ok! thank you! i learnt something new and important today.... 4 bids down from intraday high..... :D
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rotijai
Supreme |
04-Jan-2011 18:28
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i think there's one thing worth mentioning is that if a counter gaps up and goes up too quickly in the morning and then drop a fair bit.. it might signal correction... i just hope this correction can go away quick :/ |
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