
Its actually  rather tricky to execute. There's about 400k buy q at $9 support,  we don't know  whether  it  is real or mock q.  Suppose $9 doesn't breach today, you wouldn't be shorting theoretically. Also the downside  is unlikely to  reach $8.60 within today.
Come Wed if all is well then you'll be glad  for not shorting ocbc today. If bad news, $9 will not be there anymore at opening. It is complicated, no?
eastcivic ( Date: 08-Aug-2011 13:07) Posted:
|
EC ...if u want to short dont leave your short position open  over the holidays...
cos it will be 48 hours for europe or US to have any developments..
if there is any positive move for G7 and white house...
then the rebound will be chiong ahhhhhh
anyway good luck my noob view...
 
eastcivic ( Date: 08-Aug-2011 13:07) Posted:
|
ec, i re-s wilmar from 5.38 see how... using earlier profits to buffer stoploss.
This one i  feel is still fatty (& fattier  than the sembs),  if earnings approx. 12 Aug is unfavorable... think of the downside. If results great, it will then  cheong arhh for pple to short it down..?
Bloodbath lol.Anyone still holding GenSp?

gaecia, roti.... i tempted to short ocbc when and if it breaks $9 support.... target 8.60..... what do you all think?  i never do shorting before.....
No more reason to fear? You must be joking... 

Laulan ( Date: 08-Aug-2011 12:44) Posted:
|
Don't apply physics or mechanical laws to stock market...
        because that will be a biggest mistake...

Yumi might be right, because this round there is no Lehman Brothers to prolong market fears of the unknown.  Hehe.
hehehehe but e more it falls e faster n harder it will climb later. it happened just recently
iPunter ( Date: 08-Aug-2011 12:10) Posted:
|
this morning shorters huat big big! they huat 60 points big!
Man's folly (living in debt forever)
        cannot be solved by man. 
              They need to stop the folly first...

You mean even the western talking heads aka Govts  can't do anything effective?
iPunter ( Date: 08-Aug-2011 12:10) Posted:
|
lol what master? noob civic more likely

ok thanks but i think maybe i won't take any positions today since tomorrow is a holiday.... go go sti! break 2000 please

rotijai ( Date: 08-Aug-2011 12:06) Posted:
|
even god has to respect the trend.. :)
Joe2020 ( Date: 08-Aug-2011 12:08) Posted:
|
ec puppy, will u please check with my sifu  Juicy to give u the heads up?  I s until very messy, its a prob!
eastcivic ( Date: 08-Aug-2011 12:01) Posted:
|
The sub-prime crisis started the downtrend...
    Then came the % rebound ...
                Now  we are seeing a continuation
                        of the downtrend... If it is a downtrend,
                                  no human can stop a downtrend...
                                            A downtrend (or uptrend) is supposed
                                                    to be a historic event...

rotijai ( Date: 08-Aug-2011 12:02) Posted:
|
Dont be too confident on the unseen (future). If some poor soul cry in distress and God answer his prayer...you will be surprised...Remember Moses?

rotijai ( Date: 08-Aug-2011 12:02) Posted:
|
master civic, just look at those which hasnt dropped much.. and FA wise weak..
all TA now is weak.. all supports got broken..
u just need to look out for resistance and short at the resistance..
eastcivic ( Date: 08-Aug-2011 12:01) Posted:
|
only those who long are stressful, master gaecia..
any bounce is a selling into strength..
the bear has clearly taken over the battle  and our bull is now in ICU.. soon it will be RIP
Gaecia ( Date: 08-Aug-2011 11:56) Posted:
|
congrats! can share when you next go in please so i can hop on with you?  

Gaecia ( Date: 08-Aug-2011 11:56) Posted:
|