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divearse
    03-Jul-2009 02:13  
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If STi slips 2% today, 2% on Monday, oil will sink below water and 1.65 again to soak up, next round will be 1.9 to 2.3 in Mid July.

cheongwee      ( Date: 02-Jul-2009 01:40) Posted:

rachael...i say u will regret for selling so soon...look like it is going to be a cheong day for SAR..

cheongwee      ( Date: 01-Jul-2009 16:47) Posted:

i tok u bought at 1.78...sell 1.8...just a hundred buck profit!!!.for 15 lots....wait till u see 1,83...u will regret.


 
 
dealer0168
    02-Jul-2009 21:42  
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Ooo i mean alot of supporter maybe in to push this baby back.

Btw Dow results now very bad, tomorrow does not need lots of shorter like nickyng ....also  got chance to slip down.

Continue to monitor first.



dealer0168      ( Date: 02-Jul-2009 21:39) Posted:

If nickyng short it to below $1.70, alot of support will be in to push bk. Smiley

buysell      ( Date: 02-Jul-2009 17:44) Posted:

That explains why but i don't see a big deal with that.


 
 
dealer0168
    02-Jul-2009 21:39  
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If nickyng short it to below $1.70, alot of support will be in to push bk. Smiley

buysell      ( Date: 02-Jul-2009 17:44) Posted:

That explains why but i don't see a big deal with that.

nickyng      ( Date: 02-Jul-2009 16:16) Posted:

because i SHORT it ! :D


 

 
buysell
    02-Jul-2009 17:44  
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That explains why but i don't see a big deal with that.

nickyng      ( Date: 02-Jul-2009 16:16) Posted:

because i SHORT it ! :D

buysell      ( Date: 02-Jul-2009 16:08) Posted:

I wonder why he  seems to be against this counter & building his happiness when the prices dropped  is really uncalled for.

Perhaps he made hugh losses in this counter & get emotional . I am just curious to know what satisfaction or gain would he get for doing so.



 
 
niuyear
    02-Jul-2009 16:42  
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I hv sold off the holding already cos will wait till STI 2400 , then consider buy the stocks. Cheers!

P/s - Since when i become 'senior'??  I am still 'green horn' in the market and wld prefer to remain as member.  :)



niuyear      ( Date: 02-Jul-2009 16:36) Posted:



Mr friend forward me :  30 June 2009 -  OCBC recommended buy 1.77 . TP 2.07. 

 
 
niuyear
    02-Jul-2009 16:36  
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Mr friend forward me :  30 June 2009 -  OCBC recommended buy 1.77 . TP 2.07. 
 

 
nickyng
    02-Jul-2009 16:16  
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because i SHORT it ! :D

buysell      ( Date: 02-Jul-2009 16:08) Posted:

I wonder why he  seems to be against this counter & building his happiness when the prices dropped  is really uncalled for.

Perhaps he made hugh losses in this counter & get emotional . I am just curious to know what satisfaction or gain would he get for doing so.



nickyng      ( Date: 02-Jul-2009 15:36) Posted:



wah 1.76 now !! looks like that self fulfilling prophercy is dying a slow death ? :P

wonder how many are still holding on to that DREAM ? :D


 
 
buysell
    02-Jul-2009 16:08  
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I wonder why he  seems to be against this counter & building his happiness when the prices dropped  is really uncalled for.

Perhaps he made hugh losses in this counter & get emotional . I am just curious to know what satisfaction or gain would he get for doing so.



nickyng      ( Date: 02-Jul-2009 15:36) Posted:



wah 1.76 now !! looks like that self fulfilling prophercy is dying a slow death ? :P

wonder how many are still holding on to that DREAM ? :D

 
 
voceir
    02-Jul-2009 15:57  
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why are u throwing cold water? its not like market is actively trading today...most stocks are down anyway

nickyng      ( Date: 02-Jul-2009 15:36) Posted:



wah 1.76 now !! looks like that self fulfilling prophercy is dying a slow death ? :P

wonder how many are still holding on to that DREAM ? :D

 
 
nickyng
    02-Jul-2009 15:36  
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wah 1.76 now !! looks like that self fulfilling prophercy is dying a slow death ? :P

wonder how many are still holding on to that DREAM ? :D
 

 
cheongwee
    02-Jul-2009 01:40  
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rachael...i say u will regret for selling so soon...look like it is going to be a cheong day for SAR..

cheongwee      ( Date: 01-Jul-2009 16:47) Posted:

i tok u bought at 1.78...sell 1.8...just a hundred buck profit!!!.for 15 lots....wait till u see 1,83...u will regret..

rachael      ( Date: 01-Jul-2009 16:32) Posted:

Haha....I sold all of mine at $1.80 liao... Smiley


 
 
cheongwee
    02-Jul-2009 01:38  
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i thk 2.0 is some 10% away, shouldn't be that hard to achieve, right?...can this one soar 10% by tomolo..

i dont thk so, but i am hoping...but i will say a px of 2.2 by late July..is possible...gd luck to all,,

let together huat ahhhhhhhhhhh..
 
 
richtan
    01-Jul-2009 18:00  
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Both of u are very right.

I was once like u too, falling in love with the stock, unwilling to cut-loss, pinning on hope tat it will recover, learnt my lessons, told myself this must be a wake-up call n to learn the ropes of the trade, thus wholeheratedly read up TA n money management books.

The 2 mantras tat is forever ingrained in my mind is:

(1) Plan your trade n trade your plan (ie do not be emotional n distracted by outside noises, eg forum, etc)

(2) Cut losses short (do not be emotional, be mechanical) n let profits run with trailinfg stops - do not be to eager-beaver to take small profits,we neeed to  maximise profits to cover all those losses n yet make net profits.



cheongwee      ( Date: 01-Jul-2009 17:41) Posted:

you are wise, when i was younger, i said that , but when it come tp do it, i let emotiom play a major role, i hold, and hope that market is wrong and will reverse soon, but it always go down and down and down, till your stop loss got no meaning at all...

must enforce this stop loss no matter what....do u believe there are some who still holding on to STATAchp bought  8 buck till now 0.40c ...hoping it will go back to 8 buck...

that was me, but not this counter, i have learnt a lesson...nothing to be afraid or loss face...i am here to share my victory as well as my great defeat...

just do it, mechanically..

i thk the market is looking good ...toward end there sre some strong buying across the board as dow future gaining ground...

hope tomolo SAR soar and all counter soar...happy day to come back to this forum again..

 



buysell      ( Date: 01-Jul-2009 16:55) Posted:

it's always best to let the profits run longer than to cash out for small profit . On the other hand, set a loss limit if mkt turns against your position otherwise you are likely ended with negative portfolio .  


 
 
cheongwee
    01-Jul-2009 17:56  
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there debate that buy and hold is no longer valid....but that is for this fianacial crises...yes, if u bought in 1998 , you end up nothing in 2009, but if u bought years back, u are still in the black...

so,, buy to long on your favourite blues...even if u buy capitaland and kepland at 3.7 and 2.2....the next new low may see lower px, but u just sit it out till sti 5000...then capitland and kepland will be say 10 and 7 respectively....and also this new low may not come about...

so for those who want to long, do DCA also can..but only for blue chip only.....sure u make money becos sti 5000 is for sure...the question is not if but WHEN.....good luck to you....really got to go now...see u at 2 am...Smiley



voceir      ( Date: 01-Jul-2009 17:46) Posted:

Nobody will anticipate such a crash back then. Tat's y they hold. But then if cash is available, dollar cost averaging is gd. I think the market condition doesnt really encourage a long holding horizon. As long as can achieve 10-15% return, happy to take profit alrdy! haha 

 
 
cheongwee
    01-Jul-2009 17:46  
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got to go now to Changi to pickup my goods. ...see u guy tonite at 2 am....
 

 
voceir
    01-Jul-2009 17:46  
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Nobody will anticipate such a crash back then. Tat's y they hold. But then if cash is available, dollar cost averaging is gd. I think the market condition doesnt really encourage a long holding horizon. As long as can achieve 10-15% return, happy to take profit alrdy! haha 
 
 
cheongwee
    01-Jul-2009 17:44  
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both...but i will take 10% if a counter is in the profit...we can afford to bet with the profit , right??..let theb counter more room to move..

kbesci      ( Date: 01-Jul-2009 17:34) Posted:



Hi Uncle Cheong Wee, when you mentioned cut loss at 8-10%, are you referring to buying price or reverse from highest trading price of the day?

 

 
 
cheongwee
    01-Jul-2009 17:41  
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you are wise, when i was younger, i said that , but when it come tp do it, i let emotiom play a major role, i hold, and hope that market is wrong and will reverse soon, but it always go down and down and down, till your stop loss got no meaning at all...

must enforce this stop loss no matter what....do u believe there are some who still holding on to STATAchp bought  8 buck till now 0.40c ...hoping it will go back to 8 buck...

that was me, but not this counter, i have learnt a lesson...nothing to be afraid or loss face...i am here to share my victory as well as my great defeat...

just do it, mechanically..

i thk the market is looking good ...toward end there sre some strong buying across the board as dow future gaining ground...

hope tomolo SAR soar and all counter soar...happy day to come back to this forum again..

 



buysell      ( Date: 01-Jul-2009 16:55) Posted:

it's always best to let the profits run longer than to cash out for small profit . On the other hand, set a loss limit if mkt turns against your position otherwise you are likely ended with negative portfolio .  

 
 
kbesci
    01-Jul-2009 17:34  
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Hi Uncle Cheong Wee, when you mentioned cut loss at 8-10%, are you referring to buying price or reverse from highest trading price of the day?

 
 
 
voceir
    01-Jul-2009 17:28  
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yes, i too know that this stock has potential to go beyond $2. Been following it since it was 0.7 till now...Will take some profit and go around and come back to SAR when there's pull back again! =)

cheongwee      ( Date: 01-Jul-2009 17:18) Posted:

i just read your post again...u ask 1.84 it is early to take profit?...first, i believe u must have analyse thr TA nad chart to arrive at 1.84, right?...so it 1.84 hit u just sell and take profit..that is all to it....stick to your gun...

for me, i will be in and out till it is 2.2..or late july..the road to 2.2 is not a straight line, that is for sure..so it is reverse, hit my trailing stop, i still got to get out...but nw i am in profit, so my trailing iss now 10%...



voceir      ( Date: 01-Jul-2009 16:57) Posted:



Hah, i put sell order at 1.84......mb tml opening will be able to hit it.

Cheong wee: izit, too early to take profit? since u have vested in again 


 
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