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STI to cross 3000 boosted by long-term investors
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cyjjerry85
Elite |
19-Oct-2009 11:41
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2700 is just a psychological level...if u r trading on TA, den u'll know wad's the actual support and resistance to look at
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ozone2002
Supreme |
19-Oct-2009 11:14
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still advocating to sell on strength!! | ||||
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bennykusman
Veteran |
19-Oct-2009 11:08
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but STI is climbing nw
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ozone2002
Supreme |
19-Oct-2009 11:05
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2,700 broke down..what a lousy "fake" support..
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iPunter
Supreme |
19-Oct-2009 09:30
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Newbies should learn this as early as possible ... That making money in the stock market is a matter of much nail-biting after you've put your big money in (people usually don't play for kachang puteh). This is simply because there's no sure thing, hence the nail-biting... Those who make big money (long or short) should be much respected, since they also took such big risks, and have been biting so much nails... hehehe...  _____________________________________________________ Favourite TA manual:- Multiple Timeframe Technical Analysis |
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Jackpot2010
Master |
18-Oct-2009 23:01
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US Factory Reports Could Hold Key For a Bull Market
The Associated Press
| 18 Oct 2009 | 09:32 AM ET
There are signs the nation's factories are stirring from one of the worst recessions in decades. Investors this week will find out how awake they really are. Big manufacturers such as Boeing, Caterpillar and 3M will report results and, possibly, provide evidence that companies and consumers are starting to spend again. The country isn't as dependent on its factories as it was even 20 years ago. Consumer spending is the biggest driver of the economy, but it has shriveled recently as job losses and foreclosures mount. That's created talk of a manufacturing-led recovery although the economic data have been mixed. If nothing else, hints of a rebound at big industrial firms will boost the stock market and lift people's 401ks. |
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DnApeh
Master |
18-Oct-2009 19:38
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Hi, boyikao3. Are you around? I would like to listen to your wave counts on the STI. It seems to me that the initial count was correct. Thanks!!!
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iPunter
Supreme |
18-Oct-2009 09:59
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Holding huge amounts of $tocks in the market is a highly dangerous (risky) thing to do... Of course there's possibility of them rising... But the possibility of them dropping is the same... This is the reason why I always salute those who made big money for taking such high risk with big money...
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ozone2002
Supreme |
18-Oct-2009 09:26
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Markets are already a bubble by itself.. Goldman reporting huge ass profits due to trading ( GUESS WHO"S MANIPULATING THE MARKETS???) Once these guys are done, guess who's left holding the "high priced" stocks :) |
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wongmx6
Veteran |
17-Oct-2009 20:12
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Forum is a place for sharing, i don't see anything wrong with your question? keep it up as long as your intention is good one...
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God_of_War
Member |
17-Oct-2009 19:48
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Actually its ok that we share info around here. That the purpose of the forum DanielXX zhanshen |
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God_of_War
Member |
17-Oct-2009 19:46
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How come say he is a singaporean. He maybe a malaysian or China ppl. But u confirm not singaporean.....haha
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DanielXX
Member |
17-Oct-2009 19:35
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ppl kindly give u good advice and you go and probe into their private details of their portfolio. singaporeans really buay pai sei & too blunt. | ||||
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virgoan
Member |
17-Oct-2009 18:58
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Tks Livermore for ur advice. Can I know which stock u holding now for long term? Tks | ||||
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Livermore
Master |
17-Oct-2009 18:33
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Stay with the market trend. Ok to trade but don't overtrade. When you overtrade you are likely to make less than those who hold longer and sell during a major correction and not a minor one. There is no point buying a stock and up 3c you sell. Even if you want to make "coffee money" that is not quite the way to do it. Those who sold and never kept focus on the stock and did not buy back now find they don't have the capital to buy back the same number of lots as before. The stock has run away from them.
Of course one can sell. There are 2 advantages provided after you sell the stock comes down (something not easy to do) :
1. If you manage to sell and the stock comes down, you are
able to buy more lots. If you do this accurately, at
the end of 3 years you will have many lots.
2. If you just buy back the same number of lots as when
you sold, you still generally make more profit than the
person who just holds
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goondusamy
Veteran |
17-Oct-2009 11:33
Yells: "BonBon is half beast half human " |
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3-legged jack...he he he | ||||
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iPunter
Supreme |
17-Oct-2009 09:13
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I like the post best where Cheongwee showed a cartoon of a man pulling a heavy bag of money... Cheongwee's bag must be getting heavier ... hehehe...
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ozone2002
Supreme |
17-Oct-2009 09:09
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sell on strength la.. STI broke 2,700+ i cautioned to sell on strength n got a bad post yesterday went up to 2720+ i also said sell on strength n got a bad post now STI hovering around 2,710.. u do the maths :) |
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cheongwee
Elite |
17-Oct-2009 01:29
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i dont bother...one down does not means not rally... why fear when the trend is clear..... like this you grow old faster...all hair white..
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Livermore
Master |
17-Oct-2009 01:27
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Stay with the trend. Ok to trade but don't overtrade. If you overtrade you are more likely to make less compared to those who hold longer but sell during major correction and not minor correction. Pay attention to the major correction and not the minor ones. | ||||
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