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STI to cross 3000 boosted by long-term investors
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iPunter
Supreme |
30-May-2012 13:08
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Any moment in the time continuum, it is a bet...   Thus, it doesn't matter if one averages down sooner or later.     Since no one really knows when a trend will reverse, it is still betting... ![]() |
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Bopanha
Master |
30-May-2012 12:52
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Agreed.  Cosco should recover its price sooner or later.  If Yangzijiang returns back to $1.40 this counter should chase up too.
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oldflyingfox
Master |
30-May-2012 12:48
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The gap is big and you should consider ave down now.
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monk999
Master |
30-May-2012 11:34
![]() Yells: "TA is an art!" |
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as I said TA is an art. If you follow technical indicators to the dot and treat it like an exact science, you will be losing money for sure. It is how you use and interpret the data that counts. Traders lose big money not because of TA. The issue is with the trader and not TA. ![]()
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Bopanha
Master |
30-May-2012 11:28
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OIC.
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rutheone1905
Veteran |
30-May-2012 11:10
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u r right   it is " r u the one 19, 05" . many years ago i am looking for this couple, shorting experts. finally i found them n tat where i learn many stuffs from them but 19 passed away in year 2006 n 05 in year 2009. they r my sifu. i go lunch first talk later......cheers  |
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shareidiot
Member |
30-May-2012 11:04
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Bopanha, I think rutheone1905 is NOT " Ruth" .  It should be diciphered as " Are you the one 1905" .  :)
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Bopanha
Master |
30-May-2012 10:59
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Before expert Ruth explain, I need you to know that technicals can also be " cultured" , so thats why when you followed them you can be led astray and lose.  But usually people using technicals will place a stop loss in anticipation of " wrong reading' which may not be really wrong except that the market does not want to further behave as it should..
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junction
Senior |
30-May-2012 10:55
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Interesting.  Wish you could elaborate more.  I once tried trading using only TA for 3 months.  I found that even when all the indicators cross-over (golden, death cross), Bollinger band, Williams, RSI, patterns (like head and shoulder, etc) and momentum show one direction, I could still lose money. Of course I am no expert in TA. My final score, no win no lose.  On the other hand, Buffet style picks performed better, though we don have his research and bargaining power nor his ability to move markets.
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iPunter
Supreme |
30-May-2012 10:43
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At least sifu is a good player, so you didn't lose much.   But the majority of players will average down and down, until they " p!" .       This is because humans are always " mm kam guan" with  the market,             and they always need to prove themselves right...  ![]()
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blueberry
Member |
30-May-2012 10:42
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why u don't like yzj?
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monk999
Master |
30-May-2012 10:35
![]() Yells: "TA is an art!" |
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quick  trade only..long STI @2781...target 2830.. ![]() |
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blueberry
Member |
30-May-2012 10:35
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why yzj is not in your list leh?
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louis001
Master |
30-May-2012 10:32
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i like that....Maths and Events .. actually using TA/Charting, ppl will keep seeing many signals..different ppl see different lines/points/patterns...left/right/center.. until one is confused, scared or over-confidence... however chart lets one knows the price history of a stock, so it is no harm having a look at it, but the news and events are the main driver...of course, the BBs using these to manipulate the market...
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Bopanha
Master |
30-May-2012 10:29
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Pre-Open and pre-close hours don't mean much in Singapore.  Not much movements from previous day or from day's closing. In the US trading in pre-market is interesting and it starts from  Sg 7.00pm to market open Sg 9.30pm. Then post-trading after the market close will be from 4.00 am to 7.00 a.m.  The market really will move up or down and if you feel like buying or selling, you can still do it. Singapore pre-ooen and pre-close are just for show. Not worth to look at.  I'm not anti-Singapore, hor.  I just lament it deteriorating in many aspects standards, gayment, governance and minds.
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iPunter
Supreme |
30-May-2012 10:29
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All scared until turned into zombies... lol...  ![]()
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Sgshares
Elite |
30-May-2012 10:28
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what happened? almost -400pts
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iPunter
Supreme |
30-May-2012 10:23
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The good players are always smarter than us... lol...  ![]()
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iPunter
Supreme |
30-May-2012 10:22
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Who is ipm..? Kindly spell properly.     Stock market is for punting,           So only punt and punt... lol...  ![]()
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Greenbean
Senior |
30-May-2012 10:20
![]() Yells: "Live green. Let it be GREEN." |
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Juicy Meat was yesterday 1.540 (on hind sight, lol).
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