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hosayleow Contact Quote!
25-Nov-2013 16:11
Market is very boring. And for me, not tradeable. Dunno about pennys though.
When conditions are not good for trading, dont force a trade. And live to regret it later.
One common mistake we make when we are tired of waiting, is to anyhow buy...hoping that lady luck will smile upon us.
When you do that, how many times did it work out well for you? Anyhow buy, anyhow HUAT...that, I seldom hear.
But anyhow buy and then Teok stuck...that, I hear all the time.
Be patient.
Rome wasn't built within a day.
This one!
Sorry! The other one I typed wrongly!
Cheers!!
Gorgeous, which one hosay ?
You come here, you sure will be hosay soon. Then if you hosayleow, make others hosay too!!
For good trading kangtaos, we come here and for stocks that are going to come down, we will go to shortists' corners to talk about them.
Hope we put the name of the counter on the opening para when we thread, so that we know which share we are referring to.
Hosay, huat leow!!
halleluyah ( Date: 25-Nov-2013 13:36) Posted:
| wait i hosayleow first then only come here to enjoy...lol |
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Where is our host...hosayleow ?
Lunch break?
Cheers!!!
When I Huat ...you will see
"Gorgeous " yatch dock at Kepple Bay!!! Heheee!!
I only love to trade in the yatch!!!
Penthouse so...so ...boring!!!
Cheers!!!
moneyplant ( Date: 25-Nov-2013 13:27) Posted:
http://clermontresidencecondo.org
Looks set to launch if you 发 do consider the penthouse! |
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wait i hosayleow first then only come here to enjoy...lol
http://clermontresidencecondo.org
Looks set to launch if you 发 do consider the penthouse!
Heheee!
This corner opens 24 hrs a day...
for those market addicted kaki!!!
Cheers!!!
Huat Arh!!!
Thanks Gorgeous for opening a Bungalow for hosayliao...kekekeke
GorgeousOng ( Date: 25-Nov-2013 13:11) Posted:
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hosayleow Contact Quote!
25-Nov-2013 13:09
I see. You SHORT CMT and are in the money. CONGRATS!!!
Dow Futures at +47 now. Later see how Europe opens.
iluvboost ( Date: 25-Nov-2013 12:48) Posted:
tks bro, yes agree, most buyers wanted a safe bargain by queuing lower.
after Capmall today performance, i have shift my ep to 1.89-1.1.84 region. will only enter on heavy volume green candle once the current shorts are closed. Gonna take a while unless theres a catalyst.
Since its a wait, meanwhile shifting attention to Singtel at 3.67. However its gonna be a quiet 2nd half of the week on USA timetable.
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hosayleow Contact Quote!
25-Nov-2013 13:09
I see. You SHORT CMT and are in the money. CONGRATS!!!
Dow Futures at +47 now. Later see how Europe opens.
iluvboost ( Date: 25-Nov-2013 12:48) Posted:
tks bro, yes agree, most buyers wanted a safe bargain by queuing lower.
after Capmall today performance, i have shift my ep to 1.89-1.1.84 region. will only enter on heavy volume green candle once the current shorts are closed. Gonna take a while unless theres a catalyst.
Since its a wait, meanwhile shifting attention to Singtel at 3.67. However its gonna be a quiet 2nd half of the week on USA timetable.
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iluvboost Contact Quote!
25-Nov-2013 12:48
tks bro, yes agree, most buyers wanted a safe bargain by queuing lower.
after Capmall today performance, i have shift my ep to 1.89-1.1.84 region. will only enter on heavy volume green candle once the current shorts are closed. Gonna take a while unless theres a catalyst.
Since its a wait, meanwhile shifting attention to Singtel at 3.67. However its gonna be a quiet 2nd half of the week on USA timetable.
hosayleow ( Date: 25-Nov-2013 12:29) Posted:
Bro,
CapMallTrust...
1.925 : 1.93 now. A 6th red candle appeared. Sibeh Chiak Lard. Coz market Boh Lard. I see toppish behaviour today too. Just like last Thu and Fri too.
When Dow is UP but our market see no up, imagine what will happen here when Dow kena " big aunty visit" ?
One of the tell-tale signs of a toppish market is its inability to make newer highs despite positive newsflow and a positive closing at Wall Street.
Volume is low and has been low for quite a while. What it means is at current prices, there are few buyers. Few buyers mean not enough power to propel the market higher. Does that mean our market has no buyers? No. There are buyers. Its just that they are not buying now, at current prices. Prices must come down first before people are willing to buy. Hence, the path of lesser resistance is down.
I dont know about pennys. I dont trade pennys. My comment above is in relation to blue chips, mid-caps and small caps.
Noble...Macam consolidating at 1.065 to 1.085 for her next move...which I suspect is to the upside.
Immediate Resistance at 1.09.
A break of 1.10 on high volume will trigger shortcovering plus lure more BULLs out to chase.
After that, Resistance is at 1.16...the top of the Uptrend Channel.
Yes...she is an Uptrend Stock now.
iluvboost ( Date: 24-Nov-2013 18:45) Posted:
bro, i think u meant 1.92... 1.82 is too far way...1.84 is significant support though, during the major correction.
however theres a gap at 1.89-1.92. it might be closed of the red candles continue... cheers
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iluvboost Contact Quote!
25-Nov-2013 12:48
tks bro, yes agree, most buyers wanted a safe bargain by queuing lower.
after Capmall today performance, i have shift my ep to 1.89-1.1.84 region. will only enter on heavy volume green candle once the current shorts are closed. Gonna take a while unless theres a catalyst.
Since its a wait, meanwhile shifting attention to Singtel at 3.67. However its gonna be a quiet 2nd half of the week on USA timetable.
hosayleow ( Date: 25-Nov-2013 12:29) Posted:
Bro,
CapMallTrust...
1.925 : 1.93 now. A 6th red candle appeared. Sibeh Chiak Lard. Coz market Boh Lard. I see toppish behaviour today too. Just like last Thu and Fri too.
When Dow is UP but our market see no up, imagine what will happen here when Dow kena " big aunty visit" ?
One of the tell-tale signs of a toppish market is its inability to make newer highs despite positive newsflow and a positive closing at Wall Street.
Volume is low and has been low for quite a while. What it means is at current prices, there are few buyers. Few buyers mean not enough power to propel the market higher. Does that mean our market has no buyers? No. There are buyers. Its just that they are not buying now, at current prices. Prices must come down first before people are willing to buy. Hence, the path of lesser resistance is down.
I dont know about pennys. I dont trade pennys. My comment above is in relation to blue chips, mid-caps and small caps.
Noble...Macam consolidating at 1.065 to 1.085 for her next move...which I suspect is to the upside.
Immediate Resistance at 1.09.
A break of 1.10 on high volume will trigger shortcovering plus lure more BULLs out to chase.
After that, Resistance is at 1.16...the top of the Uptrend Channel.
Yes...she is an Uptrend Stock now.
iluvboost ( Date: 24-Nov-2013 18:45) Posted:
bro, i think u meant 1.92... 1.82 is too far way...1.84 is significant support though, during the major correction.
however theres a gap at 1.89-1.92. it might be closed of the red candles continue... cheers
Good pointers....esp for those trade the pennies. Got to be nimble or the coconut will land on your heads. Myself I'm not nimble due to work commitments....so I stay away from pennies most of the time, but at the moment I do have a couple eg Rowsley and Viking. I bought Rowsley when PL talked about the Vantage and RSP thingy....and accumulated more along the way till it went ex. Viking only recently. Could have made a few rounds of profit from these two but not nimble lor. I don't normally trade often...only if got opportunity ( the fall of the 3 ) or during this year-end period ( Nov to Jan ) then I'm off the radar till opportunity calls. You are right about no cut loss for certain come-back stocks. I'm a CFD trader and I used it to trade during this present period but not for pennies which I hold for long term. Thanks for sharing your experience here and it's good for all learners....me included. Btw I've been thru all the major downs too. Pan-El, Black Oct, Asia's crisis, Dot com meltdown, SARS, Lehman/US housing meltdown. The worst was the last one....knocked me back to almost the stone-age time. Hopefully no wish to go thru any more of these and that is the main reason I don't trade often now. Oh...I'm attended many courses too, most will advise to stay vest most of the time....S1, S2, S3, K-line, macam-macam predictions theories lah ( only to lose more $$$$$$ lah ). I still go hear-see some of these presentations/seminars just to stay up to date with the happening whenever time allows. Frankly fun to see these guys/gals about my kids age trying to tell how good and successful they have achieved by trading stocks, forex, properties, gold and other investment.
hosayleow ( Date: 23-Nov-2013 18:08) Posted:
Not expert lah. I am also always learning everyday. The learning journey never ends. And there is always something we can all learn from each other.
Er... which index stocks did you trade? In my experience, most index stocks move. Whilst most pennys dont move. Only those pennys which have a Chng Kay in the driver's seat, will move. Those without a driver, are usually stuck in the car park. I can name many. But for you to name an index stock which does not move, is tough. They all move. Its only a matter of how fast they move. But pennys...those without a driver, they can remain in the same parking lot for a long time and simply corrode away.
If you are interested to trade index stocks again, I can offer you my recommendation of those which move:
A. Above $10.00 Range:
UOB, DBS, OCBC, SIA, CityDev and KepCorp.
B. $3.00 to $10.00 Range:
SembCorp, SembMarine, SGX, Starhub, SingTel, M1, SIA Engrg, SATS and ST Engrg
The good thing about these index stocks are they are what I called " Never Fail To Come Back Stocks" . And this is very, very important.
What it means is...you dont have to cut loss. And if your trading strategy is one where you dont have to cut loss, then you will have no loss.
Afterall, when does a trader/investor incurs a loss? When he cut loss. Isn't it? So if your strategy allows you not to cut loss, it means you will have no losses. More of this in another post. It is tied with why I dont play pennys. Becoz if you play pennys, you CANNOT dont cut loss. You must cut. And that's where and why most penny traders lose money over the long term. They win peanuts. But lose coconuts. Net result is a negative Profit & Loss Account. I have been there myself too. LOL.
Come Come Come!!!!
This corner is specially created for hosayleow !!!
Cheers!!!
Huat Arh!!!
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