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STI to cross 3000 boosted by long-term investors

kellychang
Master

26-May-2010 09:44

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kan qi lai, ni zhen de shi yi ge hen xiao xin de ren.

suo yi, ni jiang de hua, ying gai bu hui fang hen duo xin si.

hahahahah...

huo zhe, wo men du ni de hua, ying gai hua hen duo xin si...

iPunter ( Date: 26-May-2010 09:42) Posted:

You must not put boyikao in a difficult position by fishing for trading tips from him...

Even if he has a view, as a trader, he will best commit on his own according to his wise strategy...

You should not be asking for such 'tips' in the first place...

This is not what stock trading is about...

It is an arduous and challenging pursuit and journey in itself... Smiley

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GotChance
Member

26-May-2010 09:44

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Yells: "Got Chance or NOT?"

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which one? sure got chance one.

alooloo ( Date: 26-May-2010 09:28) Posted:

sigh... where is the bear bear...

the ones i likes, still not cheap enough...

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iPunter
Supreme

26-May-2010 09:44

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My post is for Yummy... Smiley

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iPunter
Supreme

26-May-2010 09:42

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kellychang
Master

26-May-2010 09:40

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ya la, ya la.

i am ben fei zhu la.

sui bian..anyway market is up today..so happy :)

iPunter ( Date: 26-May-2010 09:05) Posted:

Hahaha....

You assuming and imagining too much?

In this regard, I also assume you are a "ben fei zhu" (clever fat pig)...

Don't you see many people with notebooks or netbooks, or web smartphones in the street, in shopping malls, in Universal Studios, at the seaside, at the cafe, at the disco lounge, at the karaoke, at the cinema, at Swensons, at Starbucks, at the swimming pool, at the zoo, beautiful theme gardens, at book fairs, at sales, at exhibitions, trade fairs, stock and forex seminars, pilate gyms, country clubs...

wa endless places to spend the leisure time... and relax while trading...

But you should be lucky people still "wan you xi" with you, even when so 'busy'...

if you don't like, then don't "wan"... any others can also "wan you xi" with me...

lol*... Smiley

(*Chinese-flavoured version is "hehehe")

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yummygd
Supreme

26-May-2010 09:33

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so ah boy if this leg up dun run we will die lor??is it what u mean???how high will sti be this boost up??Can let auntie Yummy know?? Boy Boy very clever one.

boyikao3 ( Date: 26-May-2010 08:41) Posted:

Aiyoh, I cannot be sifu lah ! Yes, I did say that for those who are late to sell wat they have, they dun have to worry because there should be another leg up to make new highs in HSI, SSE and STI. But this should be seen as the last resort and "no choice" situation, because traders should not try to hold on to their positions when the trend changed (like wat IPunter said before many many times). Minimal holdings, if you have no choice, should be ok lah. Smiley

ZebraCrossing ( Date: 25-May-2010 23:11) Posted:

Boyikao3,

You really my sifu! I listened to you and now happily sitting on a very very small amount of profit =P

So based on what you said so far, if we are still holding on to stocks (very minimal), do we hold and wait for the final lap up or sell now?

Thanks hor!

By the way, from the convo btw you, ipunter and kellychang, i also started to read abit on TA, charting techniques.. Its quite cheem!

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nickyng
Supreme

26-May-2010 09:32

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beg to differ....as long as u r not GREEDY...there are enough pie to go around :)

victorf ( Date: 26-May-2010 09:23) Posted:

we do not see much juice for shortists in the next few weeks....we see opportunity to buy for the next few weeks....good luck :)

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iPunter
Supreme

26-May-2010 09:30

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As usual, bulls and bears bickering is part and parcel of the stock market scene everywhere... Smiley

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alooloo
Veteran

26-May-2010 09:28

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Yells: "I am not young enough to know everything. "

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sigh... where is the bear bear...

the ones i likes, still not cheap enough...

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Savvy$
Member

26-May-2010 09:26

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I am also one who dont buy any rebound yet.

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iPunter
Supreme

26-May-2010 09:25

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You are right...

You can also buy juicy-juicy stocks...

Not just selling them all the time...

The age-old principle is still forever "buy low, sell high"... Smiley

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victorf
Master

26-May-2010 09:23

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we do not see much juice for shortists in the next few weeks....we see opportunity to buy for the next few weeks....good luck :)

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victorf
Master

26-May-2010 09:17

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yesterday we enter our first position since our retirement in feb/march....we will use cost averaging to handle the panic selling (not all counters can use this method)...we bought our first counter NOL yesterday at around $1.76/$1.77...even if the market were to rangedown from 2430-2700, we will have bought NOL at a cheap price on average with more purchase at lower price....no one can catch the bottom, but we do have the uncanny ability to buy shares at low....gNOL is at a recovery path and worth at least $3....good luck :)

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iPunter
Supreme

26-May-2010 09:17

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Yes, I also agree with that...

There's a lot of tension in the air right now...

I remember previously, when the US decided to go to war in Kuwait, etc,

the world stock markets start to "Cheong Aarrhh!!!...

Now the markets may also "cheong" when the US is mentioned by some commentors..

Let's watch the charts and see what the market has in store for us this time...

But there's no guarantee of anything... just follow the market... Smiley

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Dow_to_1000
Member

26-May-2010 09:13

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Agreed. market gap up just for shiok shiok.

nickyng ( Date: 26-May-2010 09:10) Posted:

folks! REMEMBER to SELL/SHORT into strengthen!! we just need North Korea to fire an expired missile to send global mkt tumbling down again! bear that in mind....yup..EXPIRED missile....its the symbolic of firing that...not really the harm that it can do! :P hee... :D

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Blastoff
Elite

26-May-2010 09:12

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Thanks for the reminder! Smiley

nickyng ( Date: 26-May-2010 09:10) Posted:

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nickyng
Supreme

26-May-2010 09:10

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iPunter
Supreme

26-May-2010 09:05

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(*Chinese-flavoured version is "hehehe")

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Dow_to_1000
Member

26-May-2010 08:57

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Good ha here. Talk is free. I can also talk freely. Smiley

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boyikao3
Master

26-May-2010 08:54

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Yes, a new high is probable after this correction. But ideally, 2253 should at least be reached first. Smiley

kellychang ( Date: 25-May-2010 23:34) Posted:

ah boy, do u think the market is ready for the tech rebound?

one last leg up? i am looking for the following number

sti 2590-2600, dow 9600, s&p 1040.

btw, some expert expect a new high after this "correction" ? possible?

boyikao3 ( Date: 25-May-2010 23:10) Posted:

Actually, I am now slowly turning bullish on Shanghai ! Smiley

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