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bryansng
Senior |
12-Jul-2011 16:46
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its still within the trend and channel that i drew on GSP chart if it does not break below 1.84.. Hope to see a rebound soon....
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eeloon
Member |
12-Jul-2011 16:45
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Not sure if there is any big impact on the market today but there is a big explosion in Cyprus, 40% of the country got no power now. Cyprus is using Euro. http://www.telegraph.co.uk/news/worldnews/europe/cyprus/8629594/Cyprus-explosion-knocks-out-islands-electricity-plant.html
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rotijai
Supreme |
12-Jul-2011 16:44
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for today.. gsp looks far better than the other counters.. cause the volume is low :)
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rotijai
Supreme |
12-Jul-2011 16:41
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master civic.. i am not a shorting pro but i feel tat the way to short is a bit different from long.. cause nowadays stock goes up slow and steady (u have time to look at the chart and plan to buy or not) but stock goes down so fast and furious (u dont even have time to look at the chart..) thus, it is still better to short before the fall.. instead of after the fall..
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bryansng
Senior |
12-Jul-2011 16:38
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GSP - Immediate support is at $1.84..... Hope tomorrow won't open below that figure else may see 1.8 |
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rotijai
Supreme |
12-Jul-2011 16:34
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true.. anyway.. this looks more 'vertical' dip than the vertical rally tat we had earlier :P
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Gaecia
Elite |
12-Jul-2011 16:31
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You think the bankster had not planned for this  at the time of  vertical rally? Isn't  it too good to be true.
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iPunter
Supreme |
12-Jul-2011 16:26
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Those who have confidently assumed a bull market, and have         'bought on dips' would have been be " pengsan" by now...             Thus, it boils down to the truth of  - " nobody nows the trend" . |
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rotijai
Supreme |
12-Jul-2011 16:20
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not doing anything.. today's a bit unusual.. there's no big bad news except the unemployment in the US.. which should have been factored into the market.. italy's prob has been there for months.. if not years.. why suddenly creep out -_- nvm.. not doing anything
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eastcivic
Elite |
12-Jul-2011 16:14
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hmmm if i would have to choose, i go for wilmar.... sar and wilmar both big bear candles, both are doing it's 1st bear candle after a series of bull.... but sar has been on an uptrend..... whereas wilmar previously was attempting to breakout out from a sideways.
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Gaecia
Elite |
12-Jul-2011 16:11
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Straits Asia also forming a 1st bear candle, yesterday both zapped up to draw applause from pple who say this fella can cheong non stop. The last low was 2.81 if proven to be double top  reversal then this neckline @2.81  will be vulnerable.
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iPunter
Supreme |
12-Jul-2011 16:06
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By the look of things, it's a bad situation...       it's as good as a crash,         money saved is money earned...    |
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eastcivic
Elite |
12-Jul-2011 16:03
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no not stx... wilmar... today is 1st bear candle.... but such a big bear candle, i dare not short :(
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iPunter
Supreme |
12-Jul-2011 16:02
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It looks like we are into something real...     Though there's no panic-selling, but rather a rational           and orderly liquidation (dumping) by smart people...
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eplepl
Master |
12-Jul-2011 15:59
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brother, you play SGX small small also not that small....
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eplepl
Master |
12-Jul-2011 15:56
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which counter are u talking about ?  stx osv ?
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eplepl
Master |
12-Jul-2011 15:55
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like that u also know.... really an old bird....
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eastcivic
Elite |
12-Jul-2011 15:53
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but opening short on the 1st bear candle after a series of bull candles is  still ok  right?
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rotijai
Supreme |
12-Jul-2011 15:53
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worth to take note tat euro took 6 days to rally 2 weeks ago.. (which was superb).. now it takes 3 days to erase all gains lol
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iPunter
Supreme |
12-Jul-2011 15:50
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Of course you are also right that     in a bad bear market, people can simply           'whack' on any stock and make money... |
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