Latest Forum Topics / Genting Sing Last:0.885 +0.01 | Post Reply |
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iPunter
Supreme |
30-Nov-2010 21:44
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Although we talk here about being 'technical', one must realise that such chart-based reckonings only give one a reference point on which to act. It is not foolproof, especially in this age in which everyone knows about TA. Thus, 'bear traps' and 'bull traps' are also easily encountered... |
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Gaecia
Elite |
30-Nov-2010 21:44
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Huh 3.05 no short (i mean for me), I will not short at the bottom of reversal channel shld it tick upwards. Already there was 3.24 one day last wk i should hav taken it when watching live, very gd entry point but it price went down very fast and never looked back. Olam's been testing this 3.05 support a few occasions since last wk and stubbornly did not break down. This should be the key support. My gut feel 3.03 will be the tipping point for selloff, time will tell soon.
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firewood
Master |
30-Nov-2010 21:36
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long or short? i am thinking of shorting amtex tmr
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icetomato
Elite |
30-Nov-2010 21:34
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I lost money in Olam. I'm going to earn back from Olam!
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firewood
Master |
30-Nov-2010 21:32
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Haven clear zzzzzzzz. The .74 only 2 trades at 1 lot each.............
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Gaecia
Elite |
30-Nov-2010 21:26
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serious ah....again? Okay then, u put your faith in the pp team. Lol They r really quite formidable in holding things up for so long. firewood dun be stressed out. Hav u managed to clear your other half of Gar today? there was .74 in this early am for the taking, but u hav to q early right after Monday's close.
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iPunter
Supreme |
30-Nov-2010 21:25
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For Olam, ideally, 3.19 would be a very meaty and juicy price to short... but that is provided it goes up to that price. Just from the look of things, tomorrow will be the best time to enter a trade for this counter. Today, it closed @3.05. Many will definitely be shorting this one tomorrow. But then, many will also buying @3.05. In view of the present world situation, I have preference for a short though... but I will cut as soon as I am proven wrong...
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firewood
Master |
30-Nov-2010 21:15
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Futures red,europe red. Tmr red again............ |
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soloman
Master |
30-Nov-2010 21:11
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Euro slide gathers pace on debt crisis fearsThe euro has dropped below the $1.30 mark for the first time since the middle of September, as fears over the eurozone’s debt crisis continue. |
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Gaecia
Elite |
30-Nov-2010 21:07
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Okay then my iPunter expert, throw u a technical qn. Can u look at Olam's chart and tell me where is the Next trend heading? gaecia not very clever at all, need your powerful foresight in chart reading skills for pointers. Of course it won't be just trending sideways because ultimately it will still trend in a specific direction (up or down) over time, right?
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Jfierce
Senior |
30-Nov-2010 21:06
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If you only had 10k to play with.. how would you play the stock market in this current condition?
I know im holding on to 2 stocks that are losing a couple hundred.. i dont mind losing some more but i dont really know what to do even if i liquidate the stock. Please dont take it as i'm complaining.. just asking around for some friendly advice. If you think i shouldn't be in the market at the moment if i can't handle it.. i'll take it positively also
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iPunter
Supreme |
30-Nov-2010 20:59
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You should learn to be 'technical' in your investment. Stocks go up and down all the time. Simply 'picking stocks' is not good enough. Even if you have picked the right stock, but at the wrong time and the wrong price, you may have to waste a lot of time (sometimes months) for it to go down, and then back up again. |
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Jfierce
Senior |
30-Nov-2010 20:49
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i think it makes sense.. but at the rate i'm picking stocks.. i lose dunno how much already.. and the stocks i hold also losing.. LOL
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Jfierce
Senior |
30-Nov-2010 20:47
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wah own so many blue chip.. how to be food court???
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watermelon
Veteran |
30-Nov-2010 20:29
Yells: "A bird in the hand is worth two in the bush." |
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I might sell some n keep some or just sell all , shall see how market perform then !!!
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iPunter
Supreme |
30-Nov-2010 20:26
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During the early days of computers, people think that the paper industry is a goner. since computers can store a lot, and paper is thus little needed. But it soon turned out that, rather than diminishing, paper use sky-rocketted... because people do more printing because of computers and printers.. .
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Citigold
Senior |
30-Nov-2010 19:58
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Will be keeping for dividend play, i got it at $3.99.Although,many ppl think that newspapers is a sunset industry,i am pretty optimistic of SPH's future.Long term wise,SPH's venture in to Property/ Online and MICE sector will reap reward for the shareholders .It might be bidding for the upcoming Punggol site which will complement the existing Clementi Mall.
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epliew
Supreme |
30-Nov-2010 19:58
Yells: "no worries be happy !" |
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dividend is around 9-12 dec. | ||||
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bladez87
Master |
30-Nov-2010 19:50
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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cum dividend old man
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iPunter
Supreme |
30-Nov-2010 19:50
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What is "Panda"? I don't get it. What I mean is, for example you have bought a stock and it goes down, then that is obviously a bad trade, then you should sell it quickly. The reason is that if your analysis was wrong you must not hold it Similarly for shorting too. Holding can make the mistake bigger.
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