| Latest Forum Topics / Gems TV |
 Post Reply
|
|
Sparkling gemstones
|
|
|
Centaur
Veteran |
13-Apr-2007 17:29
|
|
x 0
x 0 Alert Admin |
Think a better option for SYT would be cut loss now and invest in other counters rather than wait it out (till who knows when). Think about the opp cost tying yr cash in this counter.. in any case, by selling now, u can always buy back again when this counter picks up.. this will really cut yr loss and preserve yr capital (u do the sums and see if its rite).. Anyway, just my humble opinion and it still boils down to individual call.. 
|
| Useful To Me Not Useful To Me | |
|
ed88ks
Senior |
13-Apr-2007 12:32
|
|
x 0
x 0 Alert Admin |
still achance to save yourself , get out and into CAO |
| Useful To Me Not Useful To Me | |
|
|
|
|
elfinchilde
Elite |
13-Apr-2007 12:28
|
|
x 0
x 0 Alert Admin |
hm, ipunter, i do get what you mean. 'cos seriously speaking, the stock is on a downtrend, and i'm not gonna hedge about that. it broke its lower bollie two days in a row alr. but thing is, people usually can't bear to cut loss, and i guess, i was thinking more from SYT's perspective...'cos if she couldn't bear to cut loss at 1.6+, then likely, it's going to be even harder for her now. in which case, it's just sit and wait it out, right? and perhaps when it's at its bottom, buy in again to square up, and let go at a lesser loss. it's all individual choice tho. if can bear to, of course i'd say, cut loss. but if not, then it's the option above... |
| Useful To Me Not Useful To Me | |
|
cyjjerry85
Elite |
13-Apr-2007 12:17
|
|
x 0
x 0 Alert Admin |
this is one of the worst counter seen...will probably get a whole lot of adrenalin rush for people trading Gems TV. What sparkling gem? its so dusty now |
| Useful To Me Not Useful To Me | |
|
iPunter
Supreme |
13-Apr-2007 11:59
|
|
x 0
x 0 Alert Admin |
Park it in a drawer? What if you wake up 2 months later and find it has gone down 50c? Just joking... of course... :) |
| Useful To Me Not Useful To Me | |
|
|
|
|
Centaur
Veteran |
13-Apr-2007 11:55
|
|
x 0
x 0 Alert Admin |
1 thing for sure, the only direction this counter is heading is SOUTH. |
| Useful To Me Not Useful To Me | |
|
elfinchilde
Elite |
13-Apr-2007 10:32
|
|
x 0
x 0 Alert Admin |
hm. ok, counter's worse than i thought....SYT, if you're still vested and can't bear to sell it, perhaps park it deep in a drawer and don't look at it til months later. counter being played by shortists and contra ppl now. Cross fire. hold by my volatile range-bound call (on fellowship thread). but range has to be increased 'cos a lot of shortists. don't bother using any techs on it now 'cos it's too volatile and likely to be inaccurate. only for the day trader. |
| Useful To Me Not Useful To Me | |
|
jackjames
Elite |
13-Apr-2007 10:02
|
|
x 0
x 0 Alert Admin |
i think elf is right, now people is just contra this counter, and short sell, price up because short sell people buy up and leave... price movement is huge. |
| Useful To Me Not Useful To Me | |
|
|
|
|
jackjames
Elite |
13-Apr-2007 09:58
|
|
x 0
x 0 Alert Admin |
wakau... once i posted, it's 1.38 now.. nickyng, it's your show time, shorting today |
| Useful To Me Not Useful To Me | |
|
jackjames
Elite |
13-Apr-2007 09:57
|
|
x 0
x 0 Alert Admin |
wow, such a big discount from 1.80 high to 1.40 now... not vested... will interested to go in @ 1.17 |
| Useful To Me Not Useful To Me | |
|
baseerahmed
Master |
12-Apr-2007 00:34
|
|
x 0
x 0 Alert Admin |
typo: support at 1.44 +/- |
| Useful To Me Not Useful To Me | |
|
baseerahmed
Master |
11-Apr-2007 21:59
|
|
x 0
x 0 Alert Admin |
elfinchilde: re: ur postings on Gems TV for educational purposes only read your thought process on gemTV -- tried to follow with charts on poems --- need help in understanding on the followings: what software do you use to look up the various indicators/oscillators do you always use MA (3 & 14) crossing on all the counters u analyse or change them to suit different counters AD on the dates u mentioned doesn't seem to show much dip -- it looks very flat between 13Mar to 9Apr -- how to interpret as sell do u refer to chaikin oscillator when u mention chaikin ? My take : based on W%R , RSI , Stochastic -- all in oversold position -- therefore will wait for dust to settle (wait for MACD) and buy if resistance at 1.44 (consolidate) my concerns : (1) break of Bollinger band downwards .. will the down trend continue ? (2) your insight that it is traders stock and not investors stock -- alarm blares to keep away from such shady counters :-) Not in any hurry , even ur delayed answer will also be very much appreciated still watching and learning .. purely academic exercise. |
| Useful To Me Not Useful To Me | |
|
|
|
|
elfinchilde
Elite |
11-Apr-2007 18:09
|
|
x 0
x 0 Alert Admin |
yea jackjames, cyjjerry got it right. this counter is very volatile, and the FA is very weak for it: thinning margins, high competition. so it's best for traders (short term) rather than investors (long term). a momentum play, so to speak. note short term is not nece contra tho. SYT, i really can't give advice, since you havta make up own mind. do note i'm not liable for any of your losses, or gains too yea. we each gotta be responsible for our choices. tech call: Long term direction: down. Short term: up. esp tmrw. closed day with large lots buying. it's being punted by the BBs. If you're not a momentum trader, it's perhaps best not to get caught in the cross fire of the BBs. approx resistance at 1.58, again at 1.7. support at 1.45. Caveat emptor. |
| Useful To Me Not Useful To Me | |
|
SYT888
Member |
11-Apr-2007 17:43
|
|
x 0
x 0 Alert Admin |
Hi elfinchilde, based on your chart, since it closed at 1.5 today, what do you think the direction for tomorrow will be? I made a lot of losses and cut loss by 5 lots, still holding 5 lots. Any advise. Want to see what price shd I sell tomorrow to cut more losses or wait out for rebounce. I don't know much about TA. Pls enlighten me. Thanks. |
| Useful To Me Not Useful To Me | |
|
since77
Member |
11-Apr-2007 17:02
|
|
x 0
x 0 Alert Admin |
shld close at 1.5....50% fibo retracement level. Gd luck to those vested. |
| Useful To Me Not Useful To Me | |
|
cyjjerry85
Elite |
11-Apr-2007 17:00
|
|
x 0
x 0 Alert Admin |
if I do not misinterpret the meaning...it well means this counter is for contra...short-term kinda and never for long term investing... |
| Useful To Me Not Useful To Me | |
|
jackjames
Elite |
11-Apr-2007 16:55
|
|
x 0
x 0 Alert Admin |
elfin, what does it mean by trader's counter, not an investors? can explain ? thanks. |
| Useful To Me Not Useful To Me | |
|
elfinchilde
Elite |
11-Apr-2007 16:15
|
|
x 0
x 0 Alert Admin |
keke. jackjames, gems is a trader's counter, not an investor's. can play if you are able to watch counter whole day: use momentum and intraday candlesticks to decide entry/exit if keen then; dun bother abt a/d, c/o etc. good luck! :) |
| Useful To Me Not Useful To Me | |
|
jackjames
Elite |
11-Apr-2007 15:59
|
|
x 0
x 0 Alert Admin |
there are BB buying up with huge lots, even with 905 lots buy up at 1.50.. cool... not sure if JF still buying ? |
| Useful To Me Not Useful To Me | |
|
elfinchilde
Elite |
11-Apr-2007 15:12
|
|
x 0
x 0 Alert Admin |
hey all... not vested in this counter but just reading the techs here, in light of my kitten being here. pls don't shoot the messenger ah.... counter has been sold down since 27th march if you follow williams. actual sell signal (3 days chaikin down, A/D more or less down consec too) came on 4th apr at its close of 1.74. BBs have been selling this counter since then. it's taken quite a bad dip yesterday alr: chaikin dipped from 840k positive to -439 negative. MACD crossed sell 3rd apr at 1.75; MAcrossover (3 and 14 days) crossed sell 9th april at 1.72. RSI crossed sell yesterday; williams is almost zero: heavily oversold. All signals reading sell. YJ, was the analyst report only today? but clear signs from techs of BBs unloading ard 4th april alr. Might be anr case of talk up while they're selling. those still vested, pls be very careful. Note: above just my technical reading; i'm just posting what the charts say. I'm not advising buy/sell. pls do make up own minds. |
| Useful To Me Not Useful To Me | |