
o_O  Like that ahh..
Okay little rabbit, you came to my mind  i'll include you in my prayer to seek our Lord's protection & wisdom k.
Have a  restful time with your kids & wife this weekend! :)
rabbitfoot ( Date: 05-Aug-2011 17:19) Posted:
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the best part this week is i closed all my long positions yesterday when ppl were buying..
i was actually chit-chating with my broker saying tat the us has dropped below 200-ma and might be bear market now.. he told me the possibility of market crashing is higher now.. and we concluded tat there should be one final bull run (ideally) before the end of this cycle.
come 3+.. i saw euro opened very high and straight plunged.. i was so panic and dumped singtel n stx  (wilmar my trailing got triggered in the morning).. < -- see ? nowadays all my long i made some losses :(
 
Gaecia ( Date: 05-Aug-2011 17:17) Posted:
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why you don't want another 300-500 drop?
rotijai ( Date: 05-Aug-2011 17:18) Posted:
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gracia, still holding me breath, holding on to a  few k contra loss, last day to sell is next mon, broker asked me to sell today but i preveiled,   hope from the almighty is my last defence...
Gaecia ( Date: 05-Aug-2011 16:46) Posted:
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i might be too bearish now..
tonight i think the us market will still plunge.... just hope tat it wont drop another 300-500 pts again..
rotijai ( Date: 05-Aug-2011 17:14) Posted:
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Wow come to think of  it,  this  has been  such a Huge week for the global stock market.
& the best part is, we Survived!  Everyone have a good  chill, take time  this wkend to de-stress before we're at it again (come Mon).
Can't believe i had to boot up my laptop in the midst of late  lunch at itacho since 4pm, everyone juz keep staring at me. Hahaha!!
today's pattern is similar to wednesday's
morning plunge.. 930-1000 bounce... then further plunge more.. and 330-430 bounce..
i missed the morning long and bought at the wrong price when the (then further plunge more) phase..
:/ i think next time i shouldnt try to be smart and concentrate on one trade..
since i am working now.. afterall @_@
Gaecia ( Date: 05-Aug-2011 17:10) Posted:
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well roti u just did wat, you covered 1 short &   closed 1 long trade.
Mee too! Just that  i bought smarine. :) 
rotijai ( Date: 05-Aug-2011 16:50) Posted:
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didnt manage to short anything..
hm..
nvm.. monday can start to hope for rebound..
So how do you normally read the market to cast your vote (oops.. ), uhh..  bet well?
iPunter ( Date: 05-Aug-2011 16:56) Posted:
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To digress, is Mubarak in a cage history repeating itself?... lol...
 

eastcivic ( Date: 05-Aug-2011 16:59) Posted:
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and me trying to be a technical analyst have to believe that history repeats itself 

eastcivic ( Date: 05-Aug-2011 16:56) Posted:
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my anyhow guess is based on the huge drop in dow  last night  and asian markets today.
i went to do some research as seems to me that what is happening now is similiar to the market crash in 2008 and 1997.... and i tend to believe that history repeats itself....
in fact,technical analysts believe in history repeating itself, that is why  those those familiar with charts like to try to decipher stock patterns like H& S, double tops, double bottoms.... support and resistance levels etc
iPunter ( Date: 05-Aug-2011 16:43) Posted:
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The market tosses all people upside down,
            without exception... 

 
there's a bit of short covering just now...
damn missed it.. next time i shall not try to be expert/hero and do short n long in 1 day..
Gaecia ( Date: 05-Aug-2011 16:46) Posted:
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yes i believe yesterday's fall might be due to some BBs reducing huge chunks of stocks..
and it triggered many stop loss and then hit margin call and there it goes..
Gaecia ( Date: 05-Aug-2011 16:43) Posted:
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Just let  it pass roti, u made from sembcorp already mah.
Little rabbit foot, you alright ?
rotijai ( Date: 05-Aug-2011 16:39) Posted:
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Even if you anyhow guess, you may be right... because 
        every moment, any moment, in the continuum,  is an
                  unceratinty... No moment can be a certainty about
                          the next moment. Thus there is need to respect the
                                  market at every moment as it unfolds and reveals
                                            the moment...

eastcivic ( Date: 05-Aug-2011 16:33) Posted:
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i don't see short covering. The selling is real, meaning from buyers.
Honestly it isn't easy to foresee last night's mega drop on Dow and short it from yesterday. & to short today at the opening bell is  somewhat suicidal.
closed kep corp long..
lose commision.. :/
now looking at shorting