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yoh, fingers too slow, 6.25 chow alrdy. greedy is the man loh, dun chow yesterday, as buying DJ high and hope to get more 2dai. ha ha, the otherwise.
168, pm may see down trend, patience loh.
jialat! Shorted but it's not moving down much!
Shorted SGX when opened @6.29! See got kopi$$ or not!
whoever gets 6.0x lots reap neat profits.
wat happen to this counter ? before i went for tea break was 6.08 when i came back it becamse 6.48 ? is my eyes playing tricks on me ?
Will be below $6 soon!
I would avoid going long on this counter until economic fundamentals in Singapore are less bearish.
This is because the stock market usually reacts very quickly to the economy. Job market usually has some lag time of a few months.
Last Friday gains wiped out.
Agreed, with so many neg sentiments near weekends last week, 2morrow gonna be a Dlull day loh.
Short term trading likely out weight buying in. However, oil related coy, such as SPC, is contranians favourite.
AK may just stay for a while in the early morning as my youngest sister-in-law had just passed away on colon cancer in JB this pm while I was still at RSAF open house. Needs to go to JB to render help loh. The vanguard are my wife n another SIL, they went over to do front line co-ord, immediately after rcvg the sad news.
Late SIL left her country in National Day, though she escaped the Ghost Festival ended a day earlier, but unfortunately, she was the spill over one.
What a pity, died at age of 42 and left behind 2 kids, both less than 10 yrs old.
The rally on Friday was only supported by average volumes. Be cautious... things may change on Monday.
AK worry that, if u play with the players, u will lose to them. AK kena this burger many times liao. Perhaps AK then was not careful loh. But now, do u hv confidence on it??? Your choice liao.
All depends on market vol. Bear is no good for this counter. However, if it rallies next yr, then this counter will move also, perhaps all the way to 7-9, otherwise , it will go down.
solar2000 ( Date: 30-Aug-2008 19:31) Posted:
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SGX is a $3-4 stock
Are you sure it is a rally?
It has been going down for many days already. Just 1 day rise means very little.
HLJHLJ ( Date: 29-Aug-2008 17:12) Posted:
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Tempted to go in when it was B6.42 n S6.43, direct done on 6.42 should be very challenging.
however, then I was tracking SIA tightly, as I shorted it b4 9. It dropped off fr the top gainner list. Heng, buyin around 1645 to earn big prawn mee. good fun. he he.
If a rally really comes, it is going to be a very powerful one, simply because many with high liquidity are all waiting to jump in. Historically, where got market goes down in 1 straight line in 1 year time frame?? There must be a rebound somewhere, if i'm not wrong. Problem is when only? To me, nibble along the way is the best strategy and invest within your means.
wow! keep going up. Anyone make money ?
Macquarie upgrades SGX (S68.SG) to Outperform from Neutral; raises target price to S$7.61 from S$6.90. Broker says key change in recommendation is expectation of robust derivatives revenue cushioning impact of slower securities revenue in FY09. "SGX leads its regional peers in terms of derivatives revenue contribution and this trend appears set to continue." Forecasts derivatives-related revenue to rise to 31% of total revenue in FY09 from 20% in FY08, based on assumption of increase in trading volume driven by demand for current and newly introduced derivatives products. Adds, this will change company's earnings profile, providing more resilient earnings base. Shares closed +0.2% at S$6.10 yesterday.
Good point.
zanetti ( Date: 26-Aug-2008 15:07) Posted:
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In the stock market, rumour definitely affects players' sentiment....
Always buy on good rumours, sell on the good news... Sell on the bad rumours, buy on the real bad news... 