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STI to cross 3000 boosted by long-term investors
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jo3yloh
Member |
10-Jan-2012 22:26
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Cut lost la..dont stubborn. we cut to live another day. dont hero. ltr become zero. we wont say you if you decided to cut lost and short again another day. because it shows u're wise.
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monk999
Master |
10-Jan-2012 22:25
Yells: "TA is an art!" |
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supply will go down...will demand go up? many initial spike only..but in long run..go down...people will not want to use car, transportation anymore... too expensive what...many oil companies will close down too...if world war...then people will be hiding and planting in their own backyard..back to barter system...lol
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xing78
Elite |
10-Jan-2012 22:22
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That's not what happened in March 2003 Iraqi War. If you bring up the Dow or S& P500 chart, the start of Iraqi War coincides the start of mega bull run in stock market.
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Isolator
Supreme |
10-Jan-2012 22:22
Yells: "STI is hard landing to below 2000..." |
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My short on dow is in red.... hmmm.... But I have no worry.... Dont know why... lol |
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JUNWEI9756
Supreme |
10-Jan-2012 22:19
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u diam diam.. lim pei never talk to you...
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jo3yloh
Member |
10-Jan-2012 22:11
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you quite jialat..when war comes..oil supply from iran gets disrupted..oil and gas prices goes up. war machines needs oil and gases too. weapon stocks goes up. companies linked goes up too. ppl need to get more oil, they need rigs, need rigs. kepcorp huat. dont get it? need to spell it out?
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JUNWEI9756
Supreme |
10-Jan-2012 22:02
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I will set up a temple… LOL.
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monk999
Master |
10-Jan-2012 22:00
Yells: "TA is an art!" |
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if war breaks out..how will we trade stocks...money can be worthless..many companies will close shop...we will all be hiding and eating sweet potato. 
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JUNWEI9756
Supreme |
10-Jan-2012 21:52
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sifu, to me its a fake rally.. when indexes are down.. all will follow.. so i also follow.. like what you said, one missile from isreal… war liao lo… how can stock go up.. haha..
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louis001
Master |
10-Jan-2012 21:47
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DOW (mini) 12,457.00 +120.00 +0.97%....right now...... NEW YORK (Reuters) - U.S. stock index futures jumped on Tuesday after a bullish Alcoa forecast boosted the outlook for the commodities sector, signaling a stronger global economy................do you own DD..... |
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xing78
Elite |
10-Jan-2012 21:38
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bro, if you really want to short, choose the weaker counters and avoid oil and gas for the time. 1 missile from israel will burn your deep pocket
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monk999
Master |
10-Jan-2012 21:16
Yells: "TA is an art!" |
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short euro @ 1.28148, First TP 1.2747. Second TP 1.2699. trading 30 minute charts since it hit 200 SMA. | ||||
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monk999
Master |
10-Jan-2012 20:48
Yells: "TA is an art!" |
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My strategy is simple...go with the trend (200 SMA).. I dont bother with counter trend strategies...because it stresses me more. lol...For example if STI goes above 2733, Ill cover shorts and wait for a better shorting opportunity if there are any signs of weakness based on candlesticks (maybe around 2922 - where 200 SMA is right now) . As long as price is below 200 SMA, my bias is shorts. I prefer to not go against trend (200 SMA) since I only trade daily charts for STI. This applies to the timeframe I trade in in euro. 
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monk999
Master |
10-Jan-2012 20:44
Yells: "TA is an art!" |
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stopped out in euro last night. waiting for better opportunity to short. im only trading euros using 15 minute charts...so i go in and out quickly. sometimes i dont have time to update anymore because I am busy with my job. I am not a full time trader.
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tiancai007
Master |
10-Jan-2012 20:39
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Are you still shorting Euros?
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monk999
Master |
10-Jan-2012 20:18
Yells: "TA is an art!" |
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Nope. I am not a disciple of Iso. Just based on my own analysis. No idea how Iso trades also. We might be using the same strategy? Dunno leh.
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tiancai007
Master |
10-Jan-2012 20:02
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Haha. You are chanting the same tune as Iso. Are you a disciple of Iso? Or you are a clone of him?
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monk999
Master |
10-Jan-2012 19:56
Yells: "TA is an art!" |
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STI 2400... I dont see any reason to be bullish!! My target for Dow is 9100. I dont see any reason to be bullish in my charts! Just more opportunity to short!
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tiancai007
Master |
10-Jan-2012 19:54
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It's bullish tempo all over again...
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JUNWEI9756
Supreme |
10-Jan-2012 19:53
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sifu. i'm preparing a big bullet to short this fat counter down once it crosses the $10 mark..
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