
I reverse my Longs and Shorted both COSCO @ 0.985 and YZJ @ 0.990 this afternoon, after Europe opens. 
My sentiments are pretty negative now.
 
Gaecia ( Date: 19-Aug-2011 15:23) Posted:
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It's getting to be more like a market crash!... 

This dropped like mad today, yzj too. When  exactly can buy? i waited so long already...
isolator, bintang can you  see the future?
xing78 ( Date: 19-Aug-2011 15:20) Posted:
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Now not the right time to long....wait till STI will drop to 2.5K.....and straits asia back to 70 cents....:)
xing78 ( Date: 19-Aug-2011 15:20) Posted:
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Fortunately, I move out of my intra-day long.
Europe is selling off again. 
Isolator ( Date: 19-Aug-2011 15:18) Posted:
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Long Cosco under $1.... go for the rebound....
Long positions closed with a small loss.
Waited for bounce but never came so I shorted some instead.
Good Luck :p 
I just long more @ 98.5.
Don't follow me on this as it is very risky play.
Next support could be 92.0 cents if this long trade fails.
Good Luck :p 
Not sure yet.
Maybe will try to hedge COSCO by shorting YZJ.
:p 
forgot2bme ( Date: 19-Aug-2011 11:05) Posted:
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Good play.. But are u going to hold your position over the weekend?
Beware of another gap down if Dow turns sour again tonight..
xing78 ( Date: 19-Aug-2011 10:18) Posted:
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There is a tug of war going on....
I just do what the charts tell me.
Ignore the noises from the market.
If hit my stop loss then cover lor.
Anyway, this morning covered all my shorts with a nice profit made from last night so I just use some profit to play this for fun.
 

Bloodybloke ( Date: 19-Aug-2011 09:45) Posted:
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HAHAHAHAH!!  sentiments alike!!!  you have given me the confidence to long.... a bit, get out, scoop some money for sunday dim sum with family.  way to go Bro ISO!!!!
Isolator ( Date: 19-Aug-2011 10:13) Posted:
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Cosco get below $1..... Can try longing it instead.... I have entered in penny, and hope to exit with dollars... lol
Ok gave up Cosco.. Look at the trend. cannot make it. sell sell sell !!!
Can it hold the fort at 0.990????
Drop like no bloody biz!!!

Brave soul...i watched it drop from 1.81 to 1.47(i bought) and all the way to 1.11(sold) and now still dropping like $HIT.
xing78 ( Date: 19-Aug-2011 09:36) Posted:
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Long Cosco this morning for a technical bounce. It hit the 0.995 pivot low (double bottom level).
TP @ 1.07
Stop Loss @ 0.98  
 
wont be so bad la
catalyst ( Date: 18-Aug-2011 20:43) Posted:
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No chance of reversal given the global economic conditions..
Bintang ( Date: 18-Aug-2011 18:05) Posted:
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