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EdwardLiu
    05-Sep-2011 09:53  
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Now down almost 70 pts. 2820 becomes resistance liao
 
 
rotijai
    05-Sep-2011 09:17  
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oh oh.. sry i was busy taking profit..

:)

iPunter      ( Date: 05-Sep-2011 09:15) Posted:

I thought STI did " lao sai" -57 pts at the opening?... Smiley


rotijai      ( Date: 05-Sep-2011 09:09) Posted:



i am hoping for > 50 pts..

am i too greedy


 
 
iPunter
    05-Sep-2011 09:15  
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I thought STI did " lao sai" -57 pts at the opening?... Smiley


rotijai      ( Date: 05-Sep-2011 09:09) Posted:



i am hoping for > 50 pts..

am i too greedy?

iPunter      ( Date: 05-Sep-2011 09:07) Posted:

STI did drop like sheet at the opening bell...  Smiley


 

 
rotijai
    05-Sep-2011 09:09  
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i am hoping for > 50 pts..

am i too greedy?

iPunter      ( Date: 05-Sep-2011 09:07) Posted:

STI did drop like sheet at the opening bell...  Smiley

rotijai      ( Date: 05-Sep-2011 08:58) Posted:

let's see ur moon's analysis on the stock market :


 
 
iPunter
    05-Sep-2011 09:07  
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STI did drop like sheet at the opening bell...  Smiley

rotijai      ( Date: 05-Sep-2011 08:58) Posted:

let's see ur moon's analysis on the stock market :P

iPunter      ( Date: 05-Sep-2011 08:49) Posted:



If short and the counter goes halt or suspension,

    is very the " pengsan" ... " buay ta han" ...  Smiley




 
 
rotijai
    05-Sep-2011 08:58  
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let's see ur moon's analysis on the stock market :P

iPunter      ( Date: 05-Sep-2011 08:49) Posted:



If short and the counter goes halt or suspension,

    is very the " pengsan" ... " buay ta han" ...  Smiley



 

 
iPunter
    05-Sep-2011 08:49  
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If short and the counter goes halt or suspension,

    is very the " pengsan" ... " buay ta han" ...  Smiley


 
 
EdwardLiu
    05-Sep-2011 08:07  
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Yup, but can you take the heat. For me, two already cant tahan. I dont have CFD. If  I short, must cover same day.

Last month, got caught naked same for 2 counters same day. So kenna buy-in on T+3. Price  went up only a bit , so loose only a little. Actually, price went down initially in morning on I +3, tot naked also can make even buy-in by SGX. But then afternoon, technical rebound.

But if counter halted, I dont know what is the consequence.
 
 
bryansng
    05-Sep-2011 07:56  
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so long as i close my position within a day, i can intra as many counter as possible within a day?

EdwardLiu      ( Date: 05-Sep-2011 07:44) Posted:



Intra day, no issue. If you cant cover same day, read below

Effective 17 November 2009, SGX will be implementing new securities settlement processes to reduce the incidences of non-delivery of securities and imposition of penalties for failed deliveries.

The key changes are :

Streamline Security Delivery Cut-off Time to 12.00pm on T+3
The cut-off time for clients to meet their sale obligations has been brought forward to 12.00pm on T+3. Clients must ensure that they have sufficient securities in their securities account by this timing in order to avoid buy-in by the SGX. This will take effect for trade done on 17 November 2009 onwards.

Introduction of Buying-in on T+3
CDP will conduct the buy-in of undelivered securities on T+3 from 3.00pm to 5.00pm instead of the morning of T+4. This new buy-in time will take effect for trade done on 9 December 2009 onwards.
During the transition period (i.e. trade done between 17 November 2009 to 8 December 2009), buying-in will be conducted on T+4 from 3.00pm to 5.00pm.

Penalty for Failed Trades on T+3
A trade is deemed to have failed if buy-in for the shortfall is unsuccessful by the end of T+3. SGX will impose a penalty of $1,000 or 5% (whichever is higher) of the value of the failed contract that was not bought in at the end of T+3. The existing arrangements for SGX to consider appeals for the waiver of this penalty will continue.
Penalties will NOT be imposed on short positions whereby the securities have been successfully bought-in on T+3 afternoon.

Buying-in and Procurement after T+3
Buy-in will continue on T+4 and T+5 from 3.00pm to 5.00pm for outstanding undelivered securities at the end of T+3. For failed delivery of securities that cannot be procured after T+5, a penalty of $5,000 each day will apply.
For extended failed delivery of securities after T+7, or for failed delivery of securities in the buy-in market, the matter may be referred to the SGX Disciplinary Committee to decide on the appropriate penalty. A penalty of not less than S$20,000 may be imposed if the party is found culpable.

Revision of Buying-in Processing Fee
The buying-in processing fee will be revised from the current S$30 to $75 (S$80.25 inclusive of GST). This revised fee will be applicable to trades done from 17 November 2009 onwards.

What will happen if I had sold short?
 

There will be a buy-in against you by SGX on T+3 (or 3rd trading day of month after contract spot month for ES trades) at a price that is at least 2 bids above the market price or previous close, whichever is higher.
What will happen if I had sold short?
 

There will be a buy-in against you by SGX on T+3 (or 3rd trading day of month after contract spot month for ES trades) at a price that is at least 2 bids above the market price or previous close, whichever is higher.
What will happen if I had sold short?
 

There will be a buy-in against you by SGX on T+3 (or 3rd trading day of month after contract spot month for ES trades) at a price that is at least 2 bids above the market price or previous close, whichever is higher.


There will be a buy-in against you by SGX on T+3 (or 3rd trading day of month after contract spot month for ES trades) at a price that is at least 2 bids above the market price or previous close, whichever is higher.

For more details, kindly contact your brokers.
You can also refer to SGX news releases dated 9 October 2009 and 12 November 2009 via the link below.


http://www.sgx.com/wps/portal/corporate/cp-en/home

bryansng      ( Date: 05-Sep-2011 07:14) Posted:

Will there be problem if we naked short everyday? but we cover the position within intra.


 
 
EdwardLiu
    05-Sep-2011 07:44  
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Intra day, no issue. If you cant cover same day, read below

Effective 17 November 2009, SGX will be implementing new securities settlement processes to reduce the incidences of non-delivery of securities and imposition of penalties for failed deliveries.

The key changes are :

Streamline Security Delivery Cut-off Time to 12.00pm on T+3
The cut-off time for clients to meet their sale obligations has been brought forward to 12.00pm on T+3. Clients must ensure that they have sufficient securities in their securities account by this timing in order to avoid buy-in by the SGX. This will take effect for trade done on 17 November 2009 onwards.

Introduction of Buying-in on T+3
CDP will conduct the buy-in of undelivered securities on T+3 from 3.00pm to 5.00pm instead of the morning of T+4. This new buy-in time will take effect for trade done on 9 December 2009 onwards.
During the transition period (i.e. trade done between 17 November 2009 to 8 December 2009), buying-in will be conducted on T+4 from 3.00pm to 5.00pm.

Penalty for Failed Trades on T+3
A trade is deemed to have failed if buy-in for the shortfall is unsuccessful by the end of T+3. SGX will impose a penalty of $1,000 or 5% (whichever is higher) of the value of the failed contract that was not bought in at the end of T+3. The existing arrangements for SGX to consider appeals for the waiver of this penalty will continue.
Penalties will NOT be imposed on short positions whereby the securities have been successfully bought-in on T+3 afternoon.

Buying-in and Procurement after T+3
Buy-in will continue on T+4 and T+5 from 3.00pm to 5.00pm for outstanding undelivered securities at the end of T+3. For failed delivery of securities that cannot be procured after T+5, a penalty of $5,000 each day will apply.
For extended failed delivery of securities after T+7, or for failed delivery of securities in the buy-in market, the matter may be referred to the SGX Disciplinary Committee to decide on the appropriate penalty. A penalty of not less than S$20,000 may be imposed if the party is found culpable.

Revision of Buying-in Processing Fee
The buying-in processing fee will be revised from the current S$30 to $75 (S$80.25 inclusive of GST). This revised fee will be applicable to trades done from 17 November 2009 onwards.

What will happen if I had sold short?
 

There will be a buy-in against you by SGX on T+3 (or 3rd trading day of month after contract spot month for ES trades) at a price that is at least 2 bids above the market price or previous close, whichever is higher.
What will happen if I had sold short?
 

There will be a buy-in against you by SGX on T+3 (or 3rd trading day of month after contract spot month for ES trades) at a price that is at least 2 bids above the market price or previous close, whichever is higher.
What will happen if I had sold short?
 

There will be a buy-in against you by SGX on T+3 (or 3rd trading day of month after contract spot month for ES trades) at a price that is at least 2 bids above the market price or previous close, whichever is higher.


There will be a buy-in against you by SGX on T+3 (or 3rd trading day of month after contract spot month for ES trades) at a price that is at least 2 bids above the market price or previous close, whichever is higher.

For more details, kindly contact your brokers.
You can also refer to SGX news releases dated 9 October 2009 and 12 November 2009 via the link below.


http://www.sgx.com/wps/portal/corporate/cp-en/home

bryansng      ( Date: 05-Sep-2011 07:14) Posted:

Will there be problem if we naked short everyday? but we cover the position within intra.

belgeran      ( Date: 05-Sep-2011 01:25) Posted:



?... if u naked short and counter go halt, no issue meh?

the other side who bought from u still need receive the shares de mah... if not when halt lifted..  then the other side wanna sell out immediately how..


 

 
bryansng
    05-Sep-2011 07:14  
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Will there be problem if we naked short everyday? but we cover the position within intra.

belgeran      ( Date: 05-Sep-2011 01:25) Posted:



?... if u naked short and counter go halt, no issue meh?

the other side who bought from u still need receive the shares de mah... if not when halt lifted..  then the other side wanna sell out immediately how.. ?

Kensonic77      ( Date: 04-Sep-2011 13:43) Posted:



It's alright if trading is halted

Not your fault

SGX will  buy back the share when trading resume


 
 
belgeran
    05-Sep-2011 01:25  
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?... if u naked short and counter go halt, no issue meh?

the other side who bought from u still need receive the shares de mah... if not when halt lifted..  then the other side wanna sell out immediately how.. ?

Kensonic77      ( Date: 04-Sep-2011 13:43) Posted:



It's alright if trading is halted

Not your fault

SGX will  buy back the share when trading resume


tiancai007      ( Date: 04-Sep-2011 11:12) Posted:

What happens if u naked short and suay suay it halt? Or if CFD short and it halted? Anyone experience b4?


 
 
warrenbegger
    04-Sep-2011 23:10  
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In order to success in stock control  and be a true professional.

U must master FA, TA, Astromancy, Taromancy, Runecasting, Numerology, Geomancy, Face Reading, I-Ching divination and Feng shui position.

Learn to control green dragon 69 with white tiger in line of solar eclipse during sky of backside. Learn why 12 idiot animal running around naked with no  X control.

Study Sun Tzu art of war to MassP with your enemy and use 36 stratagem to run road if fail. Stock is not easy, got a lot of rubbish to study. In the end maybe still kanna rape :)
 
 
JUNWEI9756
    04-Sep-2011 21:36  
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meaning to say that the market will continue to drop like sheet ?

iPunter      ( Date: 04-Sep-2011 15:03) Posted:



Believe it or not, that 93 pts surge rally last week

      was triggered off  very precisely by the new moon!....

                  You can check the timings yourself... Smiley


stockmarketmind      ( Date: 04-Sep-2011 14:55) Posted:

LOL..might not be so bad


 
 
iPunter
    04-Sep-2011 20:15  
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Chinese Geomancy, astrology and such mystical beliefs are

    not widely followed, whereas lunar phases are more universal

            in their recognition and application across the whole world

                  population, and among all cultures... Smiley


Jinkang      ( Date: 04-Sep-2011 16:42) Posted:

Woah.. looks like i have to go into geomancy as well.. LOL

iPunter      ( Date: 04-Sep-2011 15:03) Posted:



Believe it or not, that 93 pts surge rally last week

      was triggered off  very precisely by the new moon!....

                  You can check the timings yourself... Smiley


 

 
xing78
    04-Sep-2011 19:34  
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may i know what would happen to stock market during a lunar eclipse ? Lol
 
 
Jinkang
    04-Sep-2011 16:42  
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Woah.. looks like i have to go into geomancy as well.. LOL

iPunter      ( Date: 04-Sep-2011 15:03) Posted:



Believe it or not, that 93 pts surge rally last week

      was triggered off  very precisely by the new moon!....

                  You can check the timings yourself... Smiley


stockmarketmind      ( Date: 04-Sep-2011 14:55) Posted:

LOL..might not be so bad


 
 
iPunter
    04-Sep-2011 15:03  
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Believe it or not, that 93 pts surge rally last week

      was triggered off  very precisely by the new moon!....

                  You can check the timings yourself... Smiley


stockmarketmind      ( Date: 04-Sep-2011 14:55) Posted:

LOL..might not be so bad

iPunter      ( Date: 04-Sep-2011 14:38) Posted:



Tomorrow is the first quarter of the moon phase...

    Many may believe that the market may drop like

              sheet when triggered by  it... any believers here? ... Smiley


 
 
stockmarketmind
    04-Sep-2011 14:55  
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LOL..might not be so bad

iPunter      ( Date: 04-Sep-2011 14:38) Posted:



Tomorrow is the first quarter of the moon phase...

    Many may believe that the market may drop like

              sheet when triggered by  it... any believers here? ... Smiley

 
 
iPunter
    04-Sep-2011 14:38  
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Tomorrow is the first quarter of the moon phase...

    Many may believe that the market may drop like

              sheet when triggered by  it... any believers here? ... Smiley
 
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