Biosensors   

Is Biosensors a good buy?

Me = jackjames??   

How the heck did you come to that conclusion?!
 

 

same person? ha ha.. u think too much liao la... but I wish I am Mr. Hulumas though, he is very rich you know, but good thing is I am much younger than him.. :)

 

Pikachu

What post I am referring to, you should know.  If I had asked the wrong person, then I would be wasting my time talking to you.  Agreed that this counter looks like crap now.  With the Market dropped 109.13 points today, however intelligent the 'invisible hands' tries to manipulate the price action, it will not work without the support of small investors.  You will agree that many small investors will get burnt with this drop.

You are sitting in the ivory tower and  you are able to profit both ways - whether Mr Market chooses to travel north or south.  Am I wrong to say this?

Anyway, isn't Pikachu = Jack James = harryp = ivorycoast = hikitty = Hulumas = ray.chan = idesal68 = victorian AND MANY MANY MORE.  Isn't all these nicks equals to the same person?  Only God knows.

Thank you for asking me to standby my monies, I have now parked it in the bank and waiting for the dust to settle before coming back to the market.  I am glad I am able to say good bye to Mr Market without carrying any 'unwanted babies' with me.  Remember what your Master Zhu said:  "Stock Market is a zero sum game.  You need someone to lose in order for you to gain." (Zhuge Liang is really a sage - a wise man).

Nice talking to you.

 

 

 

Thanks harryp for the comments.

 

I don't see any change in my TA interpretation for this counter yet.


 

 

 

You are likely to see a thousand more posts (many per day)... like...


uptrending...

downtrending...

 

 

I found Singaporegal's daily trend status report very useful if one knows how to put them to good use. Hope she will continue this good service.

Peace

 

Hi Francis,

 

What post are you referring to? I think you're asking the wrong person. Anyway this counter looks like crap now.... everyday drop and drop. Like what sing gal says. 

 

Sorry, the question marks (?) in my posting are actually 'inverted commas'. I don't know why the system changed it to question marks.

 

Pikachu

Your posting on 12 Apr 07 (below) asked me to get ready my cash but did not give an indication when to be vested.  Still awaiting for your cue to buy.  Would you like to send me an E-mail at:

fchia8@singnet.com.sg

This was the E-mail address when your Master, ZGL, asked you to send me an E-mail wherein he said that ?stock market is a zero sum game? and he is in the market for ?posterity?.

Looking forward to receive your E-mail and thanking you in advance.

________________________________________________________________

Posted: 12-Apr-2007 23:26

Francis, your wait is "worth", it's 0.80 now... can get ready your cash anytime.. well, i believe it has strong base at 0.76..

 

 

Hi pikachu,

 No I'm not vested. I just post randomly into threads that catch my eye.
 

 

Hi Francis,

Are you vested in this counter?


 

How about you Singaporegal? 

 

What's happening to this counter? Whole market go up but this one stay silent??!!

 

Francis... 

You're welcome...

And I hope you will continue to offer your wisdom and authentic style (which I like very much) to this forum.... :)

 

iPunter

Thank you for your compliment.

 

Francis... :)


I see you have ummistakable sophistication and experience in the market...

Very insightful and valuable posts ... :)

 

BTW, you sound like you're a day trader.

 

Hi Francis,

Don't worry... no offense is taken.   Your questions are very valid for people who do not practise TA. So I understand the skepticism you have. Let me try to explain with those points you stated -

1. To wait for a Stock is not overbought will have to take some time. (As a Trader, I do not have the patience to wait.)
   
2. To wait for ACC/Dist to reverse to uptrending also have to wait for some time. (Again, I do not have the patience also.)
3. Volumes, as I see it, is all fake. Take a closer look at Chartered everyday and you will know what I mean. The buyer keyed in to buy 1 millions shares and at the same buyer also key in to sell l million shares almost simultaneously. The end result is the Volume Done becomes huge. This is what is known as "churning" so that retail investors can be sucked in to the counter.

Regarding points 1 and 2 - there are many many counters in the Stock market and I have no preference for any of them. I do not wait for any  counter to be "not overbought" or for "Acc/Dist to be uptrending". I just do a quick market scan every few days to see if any of them meets my criteria. If any do, then I will trade those. If none do, then I just sit out the market.

Regarding point 3 - what you mentioned is market manipulation by the big boys. All retail players are vulnerable to it regardless of TA or FA inclinations and there is really nothing much we can do about it. But we can reduce its effects on us by concentrating on stocks with very large volumes and avoiding penny stocks. Market manipulation will still be there by the big boys but due to the large capitalisation, the effects will be somewhat lesser than on a penny stock. However, if you use the Acc/Dist chart and look at its mathematics, it is possible to spot such things happening. Large volume exchanges with small price change will definitely show up in this chart.

As for your two "sell" factors, I have my reservations. Because by the time you check your Acc/Dist and Chaikin charts, the price could have fallen more than 3-5% and your emotion to wait a little longer will also "let you losses run".


When the Acc/Dist and Chaikin charts start to downtrend, it doesn't mean that the price falls too. Its a warning signal for me to be very cautious. The actual price fall may occur in a few days time. And when it does happen, this is when my stop loss rule of 3-5% comes into play.
 

 

SG

You asked: "How about your own buying and selling? Care to share?

Well, I had said that I am not an expert in Charting. I only look at it as a guide to my buy and sell orders. As a Trader, I need to make instant decisions in response to the counter/counters on my radar screen. You will agree that a stock will not jump up or down without anyone from behind the counter manipulating it. So, my response has to be quick and instant when a counter starts to move up or down.

I will have no time to look at the Williams %R or ACC/Dist or Chaikin charts. I only look at one chart, that is, the "line chart". From this chart, I try my best to key in my buy orders before the Big Boys (BB) start to push up a counter or to key in my sell orders before the BB push the counter down. Here, timing is of utmost importance.

As you can see, my way of trading is totally different from yours. To each his/her own. Thanks for sharing.

Before I close this conversation with you, let me point out that Biosensors behaviour may not be what you think. That is "still looks to be downtrending."  Your chart may tell you so. But, in reality, it may not be so.


Jack James had predicted that Biosensors will fall from 0.845 cents to 79 cents and it had happened.

Zhu Ge Liang had said that he thought Biosensors will go up to between $0.95 to $l.01.

So between the three of you, who is going to be proven right or wrong. Well shall see.

I hope you can read in between the lines. Happy trading!

 

Singaporegal

 

First, let me put things in perspective. My posting at 13.33 pm was in response to Jack James?s posting at 12.22 pm. JJ had said: "as singaporegal mention, it might be downtrending..."

So, my reply to him was: "As for Singaporegal's view that Biosensors might be downtrending, I respect her view. However,??.."

Take note that my response was not directed at you.

Then you came in with your posting at 16.31 pm and I decided to put two scenarios to find out if you know when is the buy signal and when is the sell signal.

You responded that the "buy signal" will not happen to you as you will not hold a stock for more than one month. As for sell signal, you will put a "stop loss order" when the stock decline 3-5%.

Fine, that is why I said you are a discipline investor. I note that you do not play in speculative shares which is good for you. I also note that you have the patience to wait until your chart tells you to buy or sell. These are very good attributes of an investor.

However, from my experience, I think it is not enough to bring you much profits. The reasons are:

1. To wait for a Stock is not overbought will have to take some time. (As a Trader, I do not have the patience to wait.)
2. To wait for ACC/Dist to reverse to uptrending also have to wait for some time. (Again, I do not have the patience also.)
3. Volumes, as I see it, is all fake. Take a closer look at Chartered everyday and you will know what I mean. The buyer keyed in to buy 1 millions shares and at the same buyer also key in to sell l million shares almost simultaneously. The end result is the Volume Done becomes huge. This is what is known as "churning" so that retail investors can be sucked in to the counter.

As for your two "sell" factors, I have my reservations. Because by the time you check your Acc/Dist and Chaikin charts, the price could have fallen more than 3-5% and your emotion to wait a little longer will also "let you losses run".