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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?
skk888 ( Date: 18-Dec-2012 10:45) Posted:
If your style is technical analysis, you should know that a bullish hammer was formed on the 14 Dec.
Peter_Pan ( Date: 18-Dec-2012 10:40) Posted:
| Be careful of the dead-cat-bounce |
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Downtrend to continue after locking in profits.
Reuters – 37 minutes ago Singapore 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)
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.
Bopanha ( Date: 18-Dec-2012 11:42) Posted:
| 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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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.
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
tonylim ( Date: 18-Dec-2012 11:21) Posted:
It is going a be big problem for shortists.. now it has gone up as high as 1.49
whitecoffee ( Date: 18-Dec-2012 11:14) Posted:
| will there be an avalanche in making? |
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Thank you, Bopanha! Good info!
Bopanha ( Date: 18-Dec-2012 11:22) Posted:
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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master risktaker, u got buy?
did u read my msg last thursday/friday?
risktaker ( Date: 18-Dec-2012 09:52) Posted:
price likely to go up because shorters have to give out free warrants..... likely shorters are covering......
derekchong ( Date: 18-Dec-2012 09:49) Posted:
those with deep pocket can take your time.
enjoy the shorting and have your day. |
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short covering and profit taking...its not over yet...
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.
It is going a be big problem for shortists.. now it has gone up as high as 1.49
whitecoffee ( Date: 18-Dec-2012 11:14) Posted:
| will there be an avalanche in making? |
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will there be an avalanche in making?
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
skk888 ( Date: 18-Dec-2012 11:02) Posted:
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..
Richardus ( Date: 18-Dec-2012 10:58) Posted:
| skk888, may I ask what platform you are using to trade? Thank you |
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Still one word...careful...
Richardus ( Date: 18-Dec-2012 10:50) Posted:
What is your style, Peter_Pan? Because at the moment the only person I think we need to " Be careful" of is your comments which seems to be on automatic repeat?
By the way...still waiting for your reply. Thanks!
skk888 ( Date: 18-Dec-2012 10:45) Posted:
| If your style is technical analysis, you should know that a bullish hammer was formed on the 14 Dec |
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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..
Richardus ( Date: 18-Dec-2012 10:58) Posted:
skk888, may I ask what platform you are using to trade? Thank you!
skk888 ( Date: 18-Dec-2012 10:56) Posted:
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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skk888, may I ask what platform you are using to trade? Thank you!
skk888 ( Date: 18-Dec-2012 10:56) Posted:
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!
derekchong ( Date: 18-Dec-2012 10:53) Posted:
just the beginning, warming up only.
no need to take profit yet. |
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is it still good to enter?
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!
derekchong ( Date: 18-Dec-2012 10:53) Posted:
just the beginning, warming up only.
no need to take profit yet. |
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just the beginning, warming up only.
no need to take profit yet.
wow moving up.. placed a trailing stop to lock in my profits.. want to celebrate xmas earlier..
