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Banks - dbs, uob

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ellisee
    10-Sep-2009 13:22  
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Sigh! With so much warning from some analysts, I was preparing for market to go down. So afraid when I saw corrections in HK and SSE. I still don't know how to read the markets - one week up, one week down. Thanks for your views!

Littleboy      ( Date: 10-Sep-2009 13:08) Posted:



i usually short the weaker stocks not heavy weights like the banks . Cos want to win a fight must also fight with those which are half dead ma. Also only short when the downtrend is obvious. Do u have a cut loss point or exit strategy?

 
 
Littleboy
    10-Sep-2009 13:08  
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i usually short the weaker stocks not heavy weights like the banks . Cos want to win a fight must also fight with those which are half dead ma. Also only short when the downtrend is obvious. Do u have a cut loss point or exit strategy?
 
 
Hulumas
    10-Sep-2009 13:00  
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You should not short in the first place. Solve it cautiously. Please do not do it again next time.

ellisee      ( Date: 10-Sep-2009 12:54) Posted:

Can I get some advice pls? I shorted DBS at 12.80 and UOB, 17.08 but now market moving up. I'm not sure if I can wait for correction to get out or should i get out now? Any experts here can tell me what is the next resistance level for these shares?

 

 
ellisee
    10-Sep-2009 12:54  
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Can I get some advice pls? I shorted DBS at 12.80 and UOB, 17.08 but now market moving up. I'm not sure if I can wait for correction to get out or should i get out now? Any experts here can tell me what is the next resistance level for these shares?
 
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