
"When markets are on the uptrend : buy low, sell high and then buy high, sell higher.On the other hand, when the markets are on the downtrend : sell high, buy low and then sell low, buy lower." -- crazy_fave.
What a horrible day! I personally feel that this is much worse than Sept 11.
At least that was a 1 day event and the markets recovered rapidly. This is like a slow painful death...

may have a surprise rate cut if this goes on...short lived and sharp rebound if so tho. then can prepare for the real bear...
huatah, the siam ah signal for advsct was 70.5. didn't expect it to drop so much in one day tho...
take care all!
OMG...Dow Futures -373pts. This is the first time I am seeing Futures going for such big drop. I am now worried for those who are still holding on to stock hoping for a turnaround. I think the DOW support of 11,200 needs to play its part. If not, many will die in a very ugly way.
tks elf.. shall sit veri long on tis yzj.. your advise on advSCT noted.
you either be prepared to sit very, very long (wait for dca), or just bite the bullet and cut. altho, erm, if you wanted to cut, why didn't you cut when i called way earlier at 2.06 and again at 1.95....may be more worth to sit it out now..just don't look at market.
altho your choice tho. and yes, the supports are all not likely to hold. in a bear market, markets give up all of their gains, rem that.
don't fight the trend.
btw, may consider cutting advsct...
elf.. indeed.. tat's Y i seek your advise n cut losses for ellipsiz and jade. so scary.. tks to u.. : )
btw.. someone posted de yzj might even hit ipo px.. shit.. tis counter brought on FA and wif long term in mind.. so u tink i should hold on..
i agree wif idesa.. can close all counter and stop trading liao..
oh nooo....this is too much for an innocent elf.

eh huatah, your jade closed 16. exactly the support i called earlier... lucky you ran... don't look back hor...
I think today's selldown is targeting the blues. The mid and small cap were also down, but not as bad as the blues. Guys, I think we can start the weekend early this week. Close all position and stop trading!
elf, plenty of nudist here. STI plunge 166 over points.
Market close lah.....
(-_-")....
nudist on SJ.....someone call police....
:P
kidding, just kidding. keke.
ok, elf seldom gives actual buy calls (except in private hehe), but seriously, consider gold. it's not even going below 87. what does that tell you.
fyi, the external talk is that gold has hit max 950, so it's 'dangerous' and downhill.
but internal fund talk is putting the retracement to 85-86 (rem, my call is 86-87), thereafter to 1,100.
do what they do, not what they say.
alt, just stay in cash. idesa, you ain't so bad yourself! :)
yep huatah, stay out. when everyone dumps and there looks like no tomorrow; give it a few days, then buy.
separately, elfie is dying at work!! major taichi!! wail....does anyone wanna hire her?!!!

idesa.. tks for your concern.. in fact.. has been running around w/o pants liao.. heehee..
anyway.. today just throw away my jade and ellipsiz after seeking advise. i tink get back cash for those counters tat i rarely know.
Oh My God....DOW FUTURES is -272 pts.
DEAR FRIENDS..... many people are running around without pants, hope huatah is not one of them...lol...joking. As for elf, peifu lah, buy gold and hold cash, wise choice. As for myself, I also peifu lah....took CASH position...lol! DOW FUTURES in -146 and HSI -1,334. Tomorrow will be cheaper if you find the share price now is cheap. Good luck folks.
heehee.. u r rite.. killed off.. not takin position.. k.. will do so likewise for ellipsiz.. dare not take further position for those holding on in long term.. never know when is de bottom.. plus USA tis week.... haiz.. no eyes to c yet.. haha..
Tks
huatah, when you said 'take position', i do hope you mean sold off and not bought in again. as for ellipsiz, frankly, if it's me, i'd just cut already. the potential upside is not worth the likely downside. you may be better off in cash. today's sales all retail; means BBs out already.
but this is just my call ah....
yzj don't DCA yet. will stilll go down further.
not inducement to buy/sell. and yea, avoid sgx.
tks elf.. sold off my jade liao.. dare not hold it anymore.. take position at 0.21. tks for the info.. if not.. might not have taken any position. as for ellipsiz.. will review by next week.. intend to sell at rally, if there is any..
hey sporeguy, was looking more longterm in view of volatility:
GAR: lag MACD indicator shows just beginning downtrend. MA at 50 will cross support on 18 dec (if i rem rightly): the high/low that day was approx 1.67 and 1.77. So i just took the cut at 1.7. which was why i used the approx '~' sign. yea, stochs does show signal, but may be false signal: the mth before it generated a false buy signal too. 3/5 may be too short for the counter? (am not really a user of stochs tho...)
i do agree that GAR has one leg up; but likely short and very rapid. basically, for me, i'm lkg for long term counters now (ie, at least 1 mth holding); to minimise the volatility and balance risk/reward ratio.
huatah: you can see jade and ellipsiz for yourself. hehe. month end....be careful yea...you are likely going to take a further fall first; altho no telling what they can rise up to by fed cut time....
k busy at wk today; byebye! :)