Genting Sing    Last:0.745   -

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cosco is gone..

we still got noble n gsp..

Gaecia      ( Date: 02-Aug-2011 15:17) Posted: No more juice left! Even cosco has been  juiced till  left with  pulp only.    rotijai      ( Date: 02-Aug-2011 15:14) Posted: master ipunter.. we never expect us's rally to be so short-lived.. thought today will be the juicy peaks @_

 

i remembered Alexander Elder wrote about this in one of his books.... in one of his examples, he wrote that a trader has a plan formulated the night before and next day when trading starts, he/she is unable to execute the plan.

i read his book, read about this example. but i am not strong enought to execute the plan...... my mind is still very weak :(

iPunter      ( Date: 02-Aug-2011 15:32) Posted: There's nothing with you...     Believe this, humans are all like dat.             What you can do is gain from the experience by                       developing a personal strategy based on these                               experiences. But in practice, the sad thing is that                                       humans will too easily forget their expeiences...  eastcivic      ( Date: 02-Aug-2011 15:23) Posted: this one i really sad.... let me tell you what happen.... last night, i thought of shorting cosco this morning at opening based on two points: 1.) broke 1.71-1.72 support with big volume and 2.) bad news  regarding drop in profits TA and FA both screaming at me to short. then this morning i saw cosco opened with a big gap down of 1.595.... i hesitated and the price droped to 1.565-1.56.... i opened the order box, key in my orders but dare not execute. i was thinking, gap down so much, still can drop? or will rebound? i was still thinking of executing when the  price drop to 1.555-1.55.... but again i dare not.... then cosco now broke 1.50 support..... moral of the story.... i am weak :

 

There's nothing with you...

    Believe this, humans are all like dat.

            What you can do is gain from the experience by

                      developing a personal strategy based on these

                              experiences. But in practice, the sad thing is that

                                      humans will too easily forget their expeiences... 

eastcivic      ( Date: 02-Aug-2011 15:23) Posted: this one i really sad.... let me tell you what happen.... last night, i thought of shorting cosco this morning at opening based on two points: 1.) broke 1.71-1.72 support with big volume and 2.) bad news  regarding drop in profits TA and FA both screaming at me to short. then this morning i saw cosco opened with a big gap down of 1.595.... i hesitated and the price droped to 1.565-1.56.... i opened the order box, key in my orders but dare not execute. i was thinking, gap down so much, still can drop? or will rebound? i was still thinking of executing when the  price drop to 1.555-1.55.... but again i dare not.... then cosco now broke 1.50 support..... moral of the story.... i am weak :( Gaecia      ( Date: 02-Aug-2011 15:17) Posted: No more juice left! Even cosco has been  juiced till  left with  pulp only.

 

this one i really sad....

let me tell you what happen....

last night, i thought of shorting cosco this morning at opening based on two points: 1.) broke 1.71-1.72 support with big volume and 2.) bad news  regarding drop in profits

TA and FA both screaming at me to short.

then this morning i saw cosco opened with a big gap down of 1.595.... i hesitated and the price droped to 1.565-1.56.... i opened the order box, key in my orders but dare not execute. i was thinking, gap down so much, still can drop? or will rebound?

i was still thinking of executing when the  price drop to 1.555-1.55.... but again i dare not....

then cosco now broke 1.50 support.....

moral of the story.... i am weak :(

Gaecia      ( Date: 02-Aug-2011 15:17) Posted: No more juice left! Even cosco has been  juiced till  left with  pulp only.    rotijai      ( Date: 02-Aug-2011 15:14) Posted: master ipunter.. we never expect us's rally to be so short-lived.. thought today will be the juicy peaks @_

 

Thsi is because the big boys have beaten you to it... lol...  

rotijai      ( Date: 02-Aug-2011 15:14) Posted: master ipunter.. we never expect us's rally to be so short-lived.. thought today will be the juicy peaks @_@ iPunter      ( Date: 02-Aug-2011 15:09) Posted: Usually, people will sell when they already see the market weakening...     then they will dump due to their deep pessimistic feelings.           But the correct time to sell is when they are feeling upbeat                 all over, and are extremely gian-gian to buy...

 

No more juice left!

Even cosco has been  juiced till  left with  pulp only.   

rotijai      ( Date: 02-Aug-2011 15:14) Posted: master ipunter.. we never expect us's rally to be so short-lived.. thought today will be the juicy peaks @_@ iPunter      ( Date: 02-Aug-2011 15:09) Posted: Usually, people will sell when they already see the market weakening...     then they will dump due to their deep pessimistic feelings.           But the correct time to sell is when they are feeling upbeat                 all over, and are extremely gian-gian to buy...

 

master ipunter.. we never expect us's rally to be so short-lived..

thought today will be the juicy peaks @_@

iPunter      ( Date: 02-Aug-2011 15:09) Posted: Usually, people will sell when they already see the market weakening...     then they will dump due to their deep pessimistic feelings.           But the correct time to sell is when they are feeling upbeat                 all over, and are extremely gian-gian to buy...  eastcivic      ( Date: 02-Aug-2011 14:39) Posted: i cleared all my long positions this morning and now looks like rebounding..... :(

 

Okay! i wait for Aug 8.

iPunter      ( Date: 02-Aug-2011 15:13) Posted: The best time to short the market is to wait for     great news in the US eg. when euphoria and ecstacy             is in the air, when one side wins the debt ceiling  fight...                   ie, wait for a super rally...

 

The best time to short the market is to wait for

    great news in the US eg. when euphoria and ecstacy

            is in the air, when one side wins the debt ceiling  fight...

                  ie, wait for a super rally...

 

3180 may not hold tomorrow if sti really forms a shooting star.

but then again, dow futures seem to be recovering, and yesterday dow seemed to form hammer. so if today dow forms a bull candle, maybe sti will just rebound  up from 3180 to 3300?

rotijai      ( Date: 02-Aug-2011 15:03) Posted: support at 3180 eastcivic      ( Date: 02-Aug-2011 15:02) Posted: anyway, if sti forms a bear candle today, yesterday could be a shooting star

 

Usually, people will sell when they already see the market weakening...

    then they will dump due to their deep pessimistic feelings.

          But the correct time to sell is when they are feeling upbeat

                all over, and are extremely gian-gian to buy... 

eastcivic      ( Date: 02-Aug-2011 14:39) Posted: i cleared all my long positions this morning and now looks like rebounding..... :(

 

Where got rebound? Want to rebound also at 4+ mah

eastcivic      ( Date: 02-Aug-2011 14:39) Posted: i cleared all my long positions this morning and now looks like rebounding..... :(

 

support at 3180

eastcivic      ( Date: 02-Aug-2011 15:02) Posted: anyway, if sti forms a bear candle today, yesterday could be a shooting star

 

anyway, if sti forms a bear candle today, yesterday could be a shooting star

 

i took some losses yesterday..

i bought on genting berhad buying shares from open market.. thought it would rally like tat day..

ended up bought some at 1.93 and then it straight dropped to 1.89..

i suck thumbed for the weekend..

yesterday quickly sold them away d at 1.935-1.94

eastcivic      ( Date: 02-Aug-2011 14:54) Posted: oh sorry i read your message wrongly lol i thought you said that you took some profits for genting yesterday.... oh no, i did not took some profits yesterday.... lol but thanks for the advice! eastcivic      ( Date: 02-Aug-2011 14:49) Posted: that was a good decision! congrats

 

eh sorry i missed your message.... no i don't have hyflux in my watchlist.... but i shall take a look at the charts maybe tonight

muifan      ( Date: 02-Aug-2011 13:41) Posted: Side track, EC , GAECIA MEI MEI, MASTER ROTI, SIFU IPUNTER.. is hyflux in any of you guys radar? the business like got huge potential given their new membrane technology...  and being the monopoly in singapore...am intending to load some on pull back...

 

oh sorry i read your message wrongly lol

i thought you said that you took some profits for genting yesterday....

oh no, i did not took some profits yesterday.... lol but thanks for the advice!

eastcivic      ( Date: 02-Aug-2011 14:49) Posted: that was a good decision! congrats! rotijai      ( Date: 02-Aug-2011 14:41) Posted: i hope u took some profit for gsp yesterday @_

 

master rice, i am not fit to be master cause i believe i lost the most $ here..

hyflux is not in my radar..

i am not gonna long any counters except kep corp, sembcorp, wilmar, gar n ocbc (can consider dbs and uob but the $ are too exp for me)..

i am gonna switch to shooters/bombers after next week, mainly gsp n noble

muifan      ( Date: 02-Aug-2011 13:41) Posted: Side track, EC , GAECIA MEI MEI, MASTER ROTI, SIFU IPUNTER.. is hyflux in any of you guys radar? the business like got huge potential given their new membrane technology...  and being the monopoly in singapore...am intending to load some on pull back...

 

that was a good decision! congrats!

rotijai      ( Date: 02-Aug-2011 14:41) Posted: i hope u took some profit for gsp yesterday @_@ eastcivic      ( Date: 02-Aug-2011 14:39) Posted: i cleared all my long positions this morning and now looks like rebounding..... :(

 

i hope u took some profit for gsp yesterday @_@

eastcivic      ( Date: 02-Aug-2011 14:39) Posted: i cleared all my long positions this morning and now looks like rebounding..... :(