
Once again, huge buy up at pre-close. Sign of short-sellers buying back. When this play runs out of steam, that's when the recovery will be strong. Question is, when ? Any brave souls care to stake position ?
catalyst ( Date: 04-May-2011 10:50) Posted:
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me too...hehe
bishan22 ( Date: 04-May-2011 15:03) Posted:
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Can wait for further downside. Not hurry. 

Me too lolz.
1 Cosco
2 CWT
3 STX OSV
4 SAR
5 GAR
 
Catalyst,
Not loaded yet but definitely the price looks good. Me also looking at STX. Good luck.

catalyst ( Date: 04-May-2011 00:52) Posted:
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Expect price to recover after election, especially as the result is going to be  good. Placed my price at 0.655 but didnt meet. Pick up my lots at closing price.
So bishan, have you loaded up yet, or change of your entry?
bishan22 ( Date: 03-May-2011 11:19) Posted:
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0.655 ...........down down down.  

GuavaXF30 ( Date: 03-May-2011 10:17) Posted:
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Hahah you must be kidding. Trading cfd to go long & short  simply adds confusion (to  most novice & intermediate traders)  to the  mind  and  judgement  because the keyword is when,  in timing  an execution.
eplepl ( Date: 02-May-2011 22:58) Posted:
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So it has breached indeed.
Yes.. abandon....  STI will be hopeless now.... lol
abandon ship.. abandon ship..
Testing level. All depends if this will hold and stay. lots of sellers still.
bishan22 ( Date: 03-May-2011 09:33) Posted:
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Very swee at 0.66. Waiting to load. 

66ct again....
like SAR, need to confirm it.... miss the boat like juicy @ 2.4x..... now almost 3 already....
0.66 seems very strange to me.....anyway just to explain......I shorted at 0.71.....so those buy are closed my positions....... using cfd now so there is slight advantage when trading both ways.
Gaecia ( Date: 01-May-2011 04:18) Posted: |
Very well explained.
We Buy when we're quite sure price is going up, not when it's cheap.
We Short when we're quite sure price is going down, not when it's expensive.
Cheap can get Cheaper, Expensive can get even more Expensive.
Many newies Buy when they think price is cheap, but this is the way of trading.
If you Buy a Cheap Stock, but nobody wants to Buy, tomorrow it's going to get cheaper. Understand?
Gaecia ( Date: 01-May-2011 04:09) Posted:
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epl with time you'll be able to develop your own trade sense without  being over  reliant on  others' instincts.  Just like  juicy.  

Pls review your chart every single day, figure what it is telling you.
When u finally get it from  those institutional seller,  you will say support is gone by which  time your nerves may not be steady enough to  handle the sprint.
Ok epl, I'll make it simple for you this time because they are  not actually telling you the reason why they are not  going long yet. How to  discern risk  and  reward?  You go  long when the stock has the ability to bounce off support successfully, not when price keeps coming down to attack support. Will selling pressure not  build up  over time?  When support breaches, the pros will not let it get  away without shorting. Indoagri is a classic tutorial in the days  leading to  its freefall last Fri, it should not go unnoticed  and yet nobody mentioned it here given that  this  was in top volume that day in the same palm sector.
So they tell you 0.66 is good, get ready etc etc. Didn't signal to  long or to  short, why do  u just simply  assumed it must be good to buy?
result will not help this counter to bull