Latest Forum Topics /
SGX
Last:13.82
+0.07
|
 Post Reply
|
|
SGX
|
|
|
elfinchilde
Elite |
11-Mar-2008 03:42
|
|
x 0
x 0 Alert Admin |
may be a bit premature to say it's turning. wld stick with this for intraday/short term play only. depends a lot on the US and general sentiment now. tanglinboy: nope. trying to raise $$ for a pair of twin friends, who are dying of an auto-immune disease, lupus. medical bills. they're so beautiful...no one should havta go through what they're going through. and can't imagine their mother. imagine your twin daughters, both dying. |
| Useful To Me Not Useful To Me | |
|
winsontkl
Elite |
10-Mar-2008 22:21
|
|
x 0
x 0 Alert Admin |
Hammer it is, turning point??? SGX has been bearish for too long and the fall is drastic... |
| Useful To Me Not Useful To Me | |
|
|
|
|
hming78
Member |
10-Mar-2008 22:08
|
|
x 0
x 0 Alert Admin |
ok. thanks. |
| Useful To Me Not Useful To Me | |
|
tanglinboy
Elite |
10-Mar-2008 22:01
Yells: "hello!" |
|
x 0
x 0 Alert Admin |
SMA = Simple Moving Average elfin says SMA at 3 and 8 - what she means is make use of 2 SMA lines with 3 days and 8 days setting. |
| Useful To Me Not Useful To Me | |
|
hming78
Member |
10-Mar-2008 21:59
|
|
x 0
x 0 Alert Admin |
Hi, I'm a newbie... Wish you know wat is SMA? |
| Useful To Me Not Useful To Me | |
|
|
|
|
tanglinboy
Elite |
10-Mar-2008 21:56
Yells: "hello!" |
|
x 0
x 0 Alert Admin |
Hey elfinchilde, Why are you raising funds? Starting a business? |
| Useful To Me Not Useful To Me | |
|
sw0rdfish
Member |
10-Mar-2008 19:44
|
|
x 0
x 0 Alert Admin |
@scotty, no need to panic if you don't need the money right now. treat it as "FD" lor.. If you have extra cash, top it up at lower price, or you can play other counters. if heng, you can "recoup" a bit ... important thing is not to panic.. |
| Useful To Me Not Useful To Me | |
|
ViperG
Senior |
10-Mar-2008 18:42
|
|
x 0
x 0 Alert Admin |
Scotty..i agree with elfinchilde. You should sell this counter while you can, going long in this market will imply that your loss will widen further. |
| Useful To Me Not Useful To Me | |
|
|
|
|
elfinchilde
Elite |
10-Mar-2008 18:38
|
|
x 0
x 0 Alert Admin |
oh dear. hadn't realised the regulars here were still holding onto sgx. apologies for that comment. but i'm really desperately trying to raise funds for my friends. anyhow: scotty: the mid and long term prognosis for sgx is frankly not good. both via TA and FA. if you wish to recoup, my advice is to scalp the counter. regular patterns: dip on opening bell, then up in morn, then down in afternoon (~3 pm), then up again. That's what i mean when i say you can ride both directions in a day. fyi. Intraday crosses. Use SMA at 3 and 8. it should eliminate most of the false signals, though you will not get the exact troughs and peaks. (only for youuuuuuuuu! ;) ) PS: standard caveat applies even then. |
| Useful To Me Not Useful To Me | |
|
scotty
Senior |
10-Mar-2008 18:28
|
|
x 0
x 0 Alert Admin |
Crap lah... you short it, I die. I am still holding SGX stocks leh... from $8 levels. For the last few days, every time the market opens, I almost want to wet my pants. Die liao lah. |
| Useful To Me Not Useful To Me | |
|
elfinchilde
Elite |
10-Mar-2008 17:25
|
|
x 0
x 0 Alert Admin |
feeling damn lousy. couldn't short it in the morn cos my acct was down; and my other broker had told me not to short it. trying to raise funds for a pair of friends (twins) who are dying from lupus. @)*#_*@&#_(*@&#*(@&.......... intraday patterns for SGX is very easily predicted actually. you only need one tool. nickyng is right about it being a high beta and being able to move two directions in one day. esp now when vols are thin. $&*%(#&%&#%.....*grumpy elf*  |
| Useful To Me Not Useful To Me | |
|
DnApeh
Master |
10-Mar-2008 16:48
|
|
x 0
x 0 Alert Admin |
needs to close 6.84 or above to be hammer. |
| Useful To Me Not Useful To Me | |
|
|
|
|
ViperG
Senior |
10-Mar-2008 16:32
|
|
x 0
x 0 Alert Admin |
Ya..Agree, this counter is for shorting and contra. Not for weak heart. Shorted in the morning at 6.8 and recover at 6.65. Saw some new buying opportunities at 6.71 and sold again at 6.85. I think i will call it a day. Happy Trading!! |
| Useful To Me Not Useful To Me | |
|
nickyng
Supreme |
10-Mar-2008 16:27
|
|
x 0
x 0 Alert Admin |
this is high beta counter leh..gd for SHORTING and CONTRA...hee... it is a double edge SAW ! :D |
| Useful To Me Not Useful To Me | |
|
Ucrano
Member |
10-Mar-2008 16:27
|
|
x 0
x 0 Alert Admin |
What's this 'support' thing we are talking about? |
| Useful To Me Not Useful To Me | |
|
cyjjerry85
Elite |
10-Mar-2008 16:03
|
|
x 0
x 0 Alert Admin |
we shall see if SGX close with a bullish hammer today |
| Useful To Me Not Useful To Me | |
|
cyjjerry85
Elite |
10-Mar-2008 15:42
|
|
x 0
x 0 Alert Admin |
there were some resistance spotted earlier on and mentioned at $6.85 |
| Useful To Me Not Useful To Me | |
|
ViperG
Senior |
10-Mar-2008 15:37
|
|
x 0
x 0 Alert Admin |
Market change liao...last done is $6.8. Dynamic Counter!! |
| Useful To Me Not Useful To Me | |
|
idesa168
Elite |
10-Mar-2008 15:31
|
|
x 0
x 0 Alert Admin |
Elf, your calculation of 6.60 is quite zhun! Luckily I let go in the morning! Cheers! |
| Useful To Me Not Useful To Me | |
|
limhpp
Veteran |
10-Mar-2008 15:22
|
|
x 0
x 0 Alert Admin |
I think it is because the trading volumes are drying up..... hence, it drops and still dropping. I think it will drop below $6 soon. |
| Useful To Me Not Useful To Me | |