
Retail investors are getting in now with small lots purchase. Doubt it will lift the counter much where the assaults are in big lots
If SGX goes into extreme oversold, then there is a chance of dead cat rebound. That will be an opprtunity to get in...NOT NOW. I am looking at 5.50-5.65.
Looks like a bear trap! DOW future -300+ and yet we can see retail investor buying in SGX 1-5 lots. Better stay out! CODE RED!!!
Buying in coming in now. But wonder if it's a bear trap....better not touch stock now. Cheers!
today, most investment houses' analysts commented that most traders are now on sideline. they also added that not many traders now want to keep the stock for longterm. lastly, they warned that be very cautious if u want to buy any stock now.
FYI only.
Do not look to me that the support at 5.92 is genuine...watch out folks...NV!
Dun need to wait till tomorrow to see 5.70 if there is still no buying up cming through. DOW futures -314pts, in red alert now. I doubt there will be anyone who wish to buy in now and wait for miracle! NV!
pikachu ( Date: 15-Sep-2008 11:16) Posted:
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After tonight, Dow will plunge.
SGX may hit 5.70 tommorow. From that level, 5.20 is not far off.
The analysts make their living analyzing the market for the consumers of reports...
They may not know how to make money any other way... hehehe...
I don't put much faith in price targets. They don't mean very much and these analysts change TPs at whim.
bishan22 ( Date: 13-Sep-2008 19:16) Posted:
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not surprising if daily trading vol is below .9b from now on.
Edge Mag recommended SELL Target 5.20........ All the juices will dry up.
plenty meat.
iPunter ( Date: 11-Sep-2008 16:13) Posted:
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This one may still be a fat and juicy counter...

Ya...Plenty of meat. Growing fatter each day...
lookcc ( Date: 10-Sep-2008 21:16) Posted:
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plenty meat.
yoh, cool n steady win the Race!!!
idesa168 ( Date: 10-Sep-2008 09:11) Posted:
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Actually, I always try to achieve a profit target of 20c ($400) whenever there's a real bad previous Dow day...
Then again, if you ask me about the mkt now, I see no huge sell-off (STI -30pts only) as the mkt is surprisingly quite resilient to the US sell-off. It may rebound later of the day....MIGHT oni, my view! Cheer!
I am out liao with 14¢ profit, not too bad. Cannot be greedy!Cheers!