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SGX
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Alligator
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22-Jan-2008 10:56
Yells: "learning from past " |
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huatah, wow, nice to read what you said. loss also OK, share is not everything, must look for better days... When everything seems DARK, the stars will SHINE. Cheers |
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huatah
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22-Jan-2008 10:53
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yo elf.. sgx still holding on.. if pant also let go.. of course shirts had long gone liao.. heehee.. me pretty busy today too.. thus came in abit late.. huatah.. always ok.. despite enormous losses today after major selling off.. No worries.. i always said.. money not everything.. health more important, family more important. Cheers.. |
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elfinchilde
Elite |
22-Jan-2008 10:44
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busy with wk today but thought i'd pop in for a break. huatah ok? tanglinboy: carnage can be defined in monetary terms perhaps. outflow of funds from spore was 4.3bil last few weeks. a further 8bil is expected to leave spore. all foreign funds. consider that 75% of sgx is owned by foreign funds. that's what i mean when i say it's about the global flow of money, and fundamentals have got nothing to do with anything--except recovery, when ppl choose what to buy. so really, no hurry to enter ANY counter. Just sit fast and WAIT to hunt the good blues, nice and slow. don't get obsessed with price targets, people. follow the trend. PS: huatah, am very glad you ran jade and ellipsiz yest. chins up! :) |
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tanglinboy
Elite |
22-Jan-2008 10:21
Yells: "hello!" |
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No end in sight to carnage. |
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winnifong
Member |
22-Jan-2008 07:15
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Selling pressure likely continue today, ASX neg 200 Japan opening soon, may break below 13K |
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winsontkl
Elite |
22-Jan-2008 07:10
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The issue is .....where is the bottom??? With all the indices in the red all over the world, the downward pressure is mounting and SGX and S'pore STI cannot withstand by itself. |
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Kensonic77
Veteran |
22-Jan-2008 00:36
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Falling knives are dangerous... Have to trade with care... |
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178investors
Veteran |
22-Jan-2008 00:33
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...so nice on leave monitoring and bottom fishing....while at it, lookout for any falling knives 
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Kensonic77
Veteran |
22-Jan-2008 00:11
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Wah... Better take one day annual leave tmr and monitor my shares. See whether can do some bottom fishing... BR. |
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winsontkl
Elite |
22-Jan-2008 00:09
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Closing at $8.80, nice number, but not to many as SGX has been short down drastically. Technical experts, any suggestion. Previously, the bottomline suggested is at $8.50, but now that scenario is getting worse by the day, how much lower can it get $8.00 or $7.80???? |
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idesa168
Elite |
21-Jan-2008 21:05
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Elf may be right. SGX and many lovely blue counters will open tomorrow with gap down. It depends on the degree of the open gap. usually than not, if the gap is considerable small, it will tend to close the gap upon opening trade in the morning. Here you may like to take the gamble and LONG it until it closes the gap and exit immediately. This is bcos when gap is filled, it usually will reverse and continue its downtrend. So dun get caught in it as thinking the buying up will continue and lift the stock price higher. To LONG a counter in this bearish mkt sentiment requires courage to do so. And REMEMBER put a stop loss, no matter what happened. If not, you will be running without your pants. However, if the gap is too big, dun bother to get in at all cost. This will usually go deeper as there will be lots of panic selling. and more selling will cause it to go deeper. At some point, there might be a rebound, a small one, but usually is shortlived. The scenario above is just my past observation and study of stock behaviour. It may or may not come true. Trade at your own risk. |
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elfinchilde
Elite |
21-Jan-2008 19:51
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yo, mister huatahhhhh *grin* sgx likely to gap down on opening tmrw, but its intraday high may be above or near your buy px. depends on the severity of the gap down. but in any case, you may juz wanna run like the wind. no pants already, don't lose your shirt too. lol. just fyi only ah. don't shoot the messenger! |
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huatah
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21-Jan-2008 17:37
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glad to hear tat u (idesa) short it beautifully.. so far.. i play short once oni.. kind of no my game.. heehee.. |
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idesa168
Elite |
21-Jan-2008 17:36
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I short this burger (1 lot for fun) at $9.32 and bail out at $9.02. Made a few hundred bucks for a nice dinner tonight! |
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elfinchilde
Elite |
21-Jan-2008 17:35
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well, if nothing else, at least you've got guts. haha. good luck man...hope you come through this ok.... geez. handcuff yourself already. geez. |
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huatah
Veteran |
21-Jan-2008 17:32
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yeah.. i guess i didn't make my own bed.. i tink i just made myself a coffin.. getting ready to lie onto it.. 5days from now.. i shall c it is a bed or coffin.. heehee.. |
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elfinchilde
Elite |
21-Jan-2008 16:46
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dahling. you make your bed, you lie in it. 
g'luck!! |
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huatah
Veteran |
21-Jan-2008 16:27
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elf.. i gave in to the auspicious number.. took position at 8.88..... heehee.. hopefully HUAT AHHHHHHHHHHHHHHHHHHHHHH heehee.... |
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huatah
Veteran |
21-Jan-2008 14:44
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today dare not touch.. veri scary... sti challenging the 3000pts.. |
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elfinchilde
Elite |
21-Jan-2008 14:40
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just for today: support at $9. 600+ lots queuing there. mainly retail trades today tho. only three large lots traded; two selling, one buying. likely all retail. |
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