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OLAM_OLAM
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trade1969
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18-Dec-2012 12:56
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Thought Techincal analysis wouldn't work in this situation? 'Crystal ball' work, guess skk888's crystal ball has let him earned handful of profit when he buoght in at $1.39. Peter-Pan 'Crystal ball' of $1.255 doesn't since to be working well?
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Peter_Pan
Supreme |
18-Dec-2012 12:42
Yells: "did you order dunkin' donuts" |
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Downtrend to continue after locking in profits. | ||||
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Richardus
Member |
18-Dec-2012 12:38
Yells: "Capital is literally a seed; learn how to plant it..." |
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STOCKS NEWS SINGAPORE-Shares inch up at midday, Olam boosts Reuters – 37 minutes agoSingapore shares inched higher by midday, buoyed by gains in commodity firm Olam International Ltd and in line with other Asian bourses on optimism for progress in resolving the U.S. budget crisis. The benchmark Straits Times Index rose 0.3 percent to 3,166.66 points, while the MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.4 percent. Olam shares rose 6 percent to S$1.48 on some short-covering ahead of the ex-rights trading date of Dec. 28 under its $712.5 million rights issue plan.... 1153 (0353 GMT) (Reporting by Charmian Kok in Singapore Editing by Jijo Jacob charmian.kok@thomsonreuters.com) |
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Tomique
Master |
18-Dec-2012 11:52
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Don't be that bad, lah. I shortist also. But I am covering every position before the year end. Wait to see if next year can short or not.
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Bopanha
Master |
18-Dec-2012 11:42
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FENG SHUI for shortists have changed. In the past 10 years, they (the shortists) were enjoying life to the fullest. This time round, it could be the longists going to enjoy life to the fullest, and for many years to come. hahaha. Shortists, please short some more,more and more, more, some more, because the market wants and needs you to contribute and repay what you have made these past 10 years. Lol. | ||||
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Putumayam
Member |
18-Dec-2012 11:27
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Greed is a weakness of most shortists. All being baited in with the hopes of < $1 in very short term. Loks like many shortists gona eat maggi mee bread over xmas already.. =D
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Richardus
Member |
18-Dec-2012 11:27
Yells: "Capital is literally a seed; learn how to plant it..." |
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Thank you, Bopanha! Good info!
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rotijai
Supreme |
18-Dec-2012 11:26
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master risktaker, u got buy? did u read my msg last thursday/friday?
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vw2796
Senior |
18-Dec-2012 11:26
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short covering and profit taking...its not over yet... | ||||
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Bopanha
Master |
18-Dec-2012 11:22
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Sg market has no advanced platform for trading stop losses, or trailing stops. These platforms for " high fly trading" require very skilled IT maintenance staffs and good system software programs that Singapore brokers either lacked or refused to implement for reasons of their own agendas. Only poems's " protrader" has an useful substitute function that a trader can use for something like stop loss and " self implemented trailing stops" . However, not everyone gets to be able to use it unless you have high trading volumes or pay for subscription for the " pro-trader" facility. I think the lack of advanced platforms in Singapore is due to the brokerage firms' could not be bothered attitude towards business and clients' interests.. We don't have the right culture currently. Lol. |
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tonylim
Master |
18-Dec-2012 11:21
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It is going a be big problem for shortists.. now it has gone up as high as 1.49
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whitecoffee
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18-Dec-2012 11:14
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will there be an avalanche in making? | ||||
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Richardus
Member |
18-Dec-2012 11:09
Yells: "Capital is literally a seed; learn how to plant it..." |
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Dear skk88, that's awesome! my UOB kayhian doesn't have the trailing stop feature, if I'm not wrong. Will have to investigate phillip cpftrader 2. Cheers and have a great christmas! :D
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Peter_Pan
Supreme |
18-Dec-2012 11:03
Yells: "did you order dunkin' donuts" |
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Still one word...careful...
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skk888
Veteran |
18-Dec-2012 11:02
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I'm using phillip cfdtrader 2, it has the trailing stop feature. My trailing stop was triggered at 1.47.. =/ But profit ok enough for me.. gonna close shop for the year..
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Richardus
Member |
18-Dec-2012 10:58
Yells: "Capital is literally a seed; learn how to plant it..." |
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skk888, may I ask what platform you are using to trade? Thank you!
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dicksonh
Veteran |
18-Dec-2012 10:58
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is it still good to enter? | ||||
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skk888
Veteran |
18-Dec-2012 10:56
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woohoo... its up still.. anyway my trailing stop will move up.. going off com awhile.. may lift my trailing stop if it continues later.. heh.. congrats to the longists!
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derekchong
Veteran |
18-Dec-2012 10:53
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just the beginning, warming up only. no need to take profit yet. |
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skk888
Veteran |
18-Dec-2012 10:51
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wow moving up.. placed a trailing stop to lock in my profits.. want to celebrate xmas earlier..  |
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