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how do you know today's trading volume will be less than 1 billion??
today volume less than 1 billion shares.. directionless again.
Low volume ?? when world cup start, a good sign to go bottom fishing and world cup is over liao, be patient, just wait for it & get ready to sell loh.....
Contra play is for T+3 and T+5 days for some players, win or lose, pay up or force selling comes in after this date. One got have plenty of time glue to the screen and even that most players usually lost, contra play is for day trading with very little profit to make, but it can generate huge volume to give U some credit as somebody out there among the sharks.
contra player is in no control.. at the emrcy of others.. never ever try it.. especially for new players.
hi jeokoh
you mentioned CONTRA player. I would like to know your point of view of a contra player. Isit extremely dangerous?
Mamasan and tanglinboy may be right that the bleeding should stop soon as certain stocks are at their 52 weeks' low. As it is impossible to always buy at the lowest and sell at the highest, it is ok to buy at this point of time as long as one is NOT a contra player, and the company is not on the verge of being wound up.
i think we have to look towards news in the US.
Unemplyment holds steady but is below analyst's expectation. And the construction sector in the US is cooling down. US interest rate going to be up a minimum of 1/4%, damn! Does this sound short term bad news for US and us???
NYYSE to merge with Euronext.. what else ?
I hear no bad news, especially within singapore ...
Hi mamasan,
We shall see if the down trend will stop soon.
commodities prices dropping.. all abck to normal..
thats a good insight! this means that the selling pressure is starting to wane against the buying pressure
low volume during down trend is good sign.. meaning it will stop soon.
when the going gets tough, the tough gets going ???
The volume will get even lower when World Cup starts.
The volume will get even lower when World Cup starts.
Wah ... the trading volume today is really low. Looks like everyone is on the sidelines watching and no one playing!