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Midas
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aabbcc
Member |
02-Sep-2009 20:31
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Hi, I am new to stocks trading. I have been following midas this few weeks. I have read read through some books and chart posted by rich tan. i agree that this counter has good TA but it has not been moving much. How long do you think it will take to climb to 90cents?
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risktaker
Supreme |
02-Sep-2009 19:12
Yells: "Sometimes you think you know, but in fact you dont" |
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I think you have a lot to learn my friend.
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bennykusman
Veteran |
02-Sep-2009 17:32
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dont ever see what ristaker post... he just make lots of empty hot air.. *no hurt*
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risktaker
Supreme |
02-Sep-2009 17:15
Yells: "Sometimes you think you know, but in fact you dont" |
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i dont think you understand what i am trying to say here :)
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dcang84
Veteran |
02-Sep-2009 16:18
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you claimed you bought @$0.82 and you screamed like a prostitute....keke..Maintain balance lar. In the words of the wise one aka AK, 'jangan tension'. In short, if u can't stomach the ups and down, don't trade.
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risktaker
Supreme |
02-Sep-2009 16:09
Yells: "Sometimes you think you know, but in fact you dont" |
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PT/BB time to catch shorters :) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bintang
Elite |
02-Sep-2009 12:41
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Hi richtan , I m sorry for the mistake I'd made , I mean every counter in your 'post ' n only on every counter that you comment .
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richtan
Supreme |
02-Sep-2009 12:10
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Hi Bintang, U r most welcome, but I hope u dun mind let me correct a bit of wat u said. I do give advice on TA on a few counters but not possible on every counters
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Bintang
Elite |
02-Sep-2009 11:44
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Hi richtan , thank u so much too for your valuable advice in TA on every counter , n the encouragement from your post that make me have great belief in holding n buying of good counters that you mentioned , thanks again .
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richtan
Supreme |
02-Sep-2009 11:25
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Hi Bintang, Many thanks for your concurrence with my views, I also wish u "HUAT AHH!!" for all your trades.
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risktaker
Supreme |
02-Sep-2009 11:21
Yells: "Sometimes you think you know, but in fact you dont" |
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This baby will climb to around $0.90 :) watch HUAT ah 8888 |
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Bintang
Elite |
02-Sep-2009 11:02
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Yes richtan , I agree with u , alway buy when panic or people selling . Now is the beginning of the new bull run , keeping good stocks are worthy for longer term , especially the counters like Midas n Rotary with good FA n TA .
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Bintang
Elite |
02-Sep-2009 10:45
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Midas has just retreated to touch the lower Bollingr band but still holding firm above the weekly 13EMA , this indicates that the trend is intact but giong sideway for a while . After the Bollinger bands tighten itself for some times , we might see a more stronger trend in the near future . | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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richtan
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02-Sep-2009 10:24
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As per my chart analysis, once it breaks above 0.91, it will head towards 1.14, so ask yourself, is it better to buy now at a lower price instead of waiting till it break 0.91 to chase after it and end up buying at a higher price (remember Dr. Chan's newsletter reminder). But dyodd n BOSAYOR and set your stop-loss.
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risktaker
Supreme |
02-Sep-2009 10:18
Yells: "Sometimes you think you know, but in fact you dont" |
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so many reasons to buy this midas 1) I think some people will be extremely unhappy if midas touches $0.80 and will intervene it. 2) Contract announcement & Q3 results will be very impressive. 3) This baby is in line with China stimulus. You cannot go wrong investing in a Baby that is making money & Fundementally strong. 4) Within 3 Months Should be around $1.16 - $1.20 Range Your Safest Bet :) HUAT ah It has to cross $0.895 to reach $1.00 Mark |
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richtan
Supreme |
02-Sep-2009 10:14
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Read newsletter below to remind ourselves about "Patience plays a very important part in stock investment": September 09 newsletter - Dr YC Chan 曾渊沧@股友通讯录 MICA (P) 133/09/2008 九月份 Dear Friends You may mark the August stock market being volatile, or boring. Volatile because there were many days in August the ups and downs of the market index from one day to another could add up to 2% difference. The first day the market could go up by 2%, only to see it came down by 2% the next day and went up by 2% again on the third day. Punters’ sentiments kept changing amidst joy and anxiety. They lost money everyday because they misjudged the market trend. The worst tactics is to chase stocks when market is rising and cut loss when it is coming down. The market was boring because notwithstanding its volatility, the market position remained the same as if nothing had happened. Patience plays a very important part in stock investment. Once you are sure it is a bull market, you should have the patience to hold good quality stocks and ignore the daily price fluctuations. Sideline yourself and become an observer; sell your stocks only when you think the market fundamentals have altered. This is the way to make big money. Immersing in the daily market fluctuations, you may make several mistakes and lose confidence and more mistakes followed. There are many people who lose money in a bull market. These are short term players who make wrong moves more often than the right moves. What are the good quality stocks? How to select them? As the world keeps on changing; there is no such thing as a permanent good quality The moment the stock market becomes bubbles, the value of good quality stocks disappears. To be value conscious is the best way to select good quality stocks. When the prices of some shares have gone up many folds over a short span of one their value would naturally be discounted. At present mid term bull market, under valued shares have become fewer and fewer. The mid term bull market still has growth potential. Unless there are adverse factors affecting the particular industry and corporate stocks you are holding, you should not sell your holdings hastily. Stock markets always behave ahead of economic data. Therefore people who make big money are those who dare to venture into the markets facing collapse, as most of the shares would then be undervalued, some shares may price only 10% of their real worth. Beside China, the global economy is not recovering, although signs of its recovery are there, probably before the end of this year. Before economy recovery is officially acclaimed, share prices are mostly in “buy” category. When recovery has been officially acclaimed, share prices may have skewed to the high side. To enter the market for short term punting by then would be analogy to playing the last round of music chair: that if you do not know how to unload, you would not have a chair to sit on it.
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starlene
Elite |
02-Sep-2009 10:11
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Sell better or switch rather than this underperform stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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richtan
Supreme |
02-Sep-2009 10:07
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Below is my chart analysis for sharing and exchange pointers. My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA. If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start making unconstructive comments and plse do not be so childish or lunatic as to abuse the rating system by rating it as "bad post", accumulating for yourself and your next generation, "bad" karma for your "bad" deeds. If u think it is a bad post, then be constructive and kindly post your TA for sharing. This is only my view n I may be right or wrong, so dyodd and SOBAYOR. 
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richtan
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02-Sep-2009 10:06
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From OCBC Investment Research: Midas's firm order book of 1.4 billion yuan (S$296 million), more anticipated contract wins in Sept - Nov 2009... will serve to under-gird valuations" |
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richtan
Supreme |
02-Sep-2009 10:04
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Midas at this point in time is bouncing up from the 50ema and Trade Summary shows more buy-ups: 5EN (MIDAS)
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