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Capitaland
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iPunter
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04-Oct-2011 19:15
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There's no insult at all... but you are right about my stand...       I am assuming a major downtrend...           And my posts all pointed to expecting                         an unpromising market...
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eplepl
Master |
04-Oct-2011 19:08
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ha ha...not sure if ipunter is insulting you or not....rally non-stop when the recession is round the corner.... just think if  gecce default tomorrow.........japan & china also suffer those pigs  bonds and  US  selling more bonds......... they are in need of funds themselves......oil will come down, ME will force to lower oil price...... the world demand and supply will be oversupply..... only GOD can tell you a solution. Even they find more fund to save gecce for another three months...... technically speaking ......... it is better to let them default than keep giving them more debts to clear......... short term no amount of money to save capital land.....
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Farmer
Master |
04-Oct-2011 18:48
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But again, it can't rally non-stop, everything must come to an end some day and do the reverse.....that's why the market is so interesting and good to play. 
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iPunter
Supreme |
04-Oct-2011 18:40
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I agree with sifu...     A piece of unexpected fundamental information in the market             can cause a stock to not only to rebound, but even to rally non-stop...
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Farmer
Master |
04-Oct-2011 18:36
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Rebounds can also be due to news and FA, but each has his own concepts/believes, thus will buy at different time when they feel is oversold. | ||||
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iPunter
Supreme |
04-Oct-2011 18:29
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Rebounds are caused by earlier shorters taking profit and     new buying by bargain hunters ...           Of course the bargain hunters entered because they                     think  it's 'oversold' and thus a good deal (ie. cheap). But what                         the bargain hunters think does not make the market oversold.                                     Furthermore, if oversold and overbought are reliable concepts,                                             then we will be seeing a lot of constant sine waves, or sawtooth                           waves rather than a vertical line like you said... lol...   
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Farmer
Master |
04-Oct-2011 18:18
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If there's no such thing as oversold, why is there a tech rebound and the chart isn't in a straight line? | ||||
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iPunter
Supreme |
04-Oct-2011 18:13
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Yes, there's no such thing as an " oversold" market... 
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eplepl
Master |
04-Oct-2011 17:55
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my thoughts are rebound also cannot be more than 10 cents.... because all markets are still extremely red.
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Farmer
Master |
04-Oct-2011 17:42
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Market is v. oversold liao, so there will be tech rebound every now & then. | ||||
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marbears1
Member |
04-Oct-2011 17:28
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Sifu Isolator, you feel that there will be a rebound? I just shorted Semcorp yuks .... Care to share your vision as to what is going to happen in the next few days? Thanks.  
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divined
Member |
04-Oct-2011 16:55
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waiting for rebound? | ||||
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Isolator
Supreme |
04-Oct-2011 16:43
Yells: "STI is hard landing to below 2000..." |
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Closed all shorts.... Will be back.... lol | ||||
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divined
Member |
04-Oct-2011 15:09
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traders or investors should beware of capland. many think the intrinsic value is $3.2+ due to analyst reports. charts say it all(like what isolator sifu says) look at the trend, the downtrend has been so ruthless. trade with care and set your cut loss levels. never buy for the rebound unless you know what you are doing. cheers |
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pharoah88
Supreme |
04-Oct-2011 14:30
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S$1.64 nIce chErry
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Isolator
Supreme |
04-Oct-2011 13:57
Yells: "STI is hard landing to below 2000..." |
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Any few bid rebound is to sell and short....   lol | ||||
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eplepl
Master |
04-Oct-2011 13:22
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yesterday.  sell and buy.... sell again in the evening.... today thinking to close for profit.....  maybe can wait.
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divined
Member |
04-Oct-2011 12:11
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it looks very weak, supports are not holding up right now.   lots of sellers, and institutional buyers have huge holding power even though some think they are buying now.
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henrytan
Member |
04-Oct-2011 12:10
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capital land is not doing as well their peers in china.    | ||||
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Isolator
Supreme |
04-Oct-2011 12:08
Yells: "STI is hard landing to below 2000..." |
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But crash can be immediately....  Charts is behaving like the crash is anytime soon... | ||||
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