SGX
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SGX
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Yes... there may be a long way down to go yet...
Right now, the bear may still be only a young cub... 
Wait for STI 2500-2600 then start to shop! Now no hurry...
This baby is in trouble... bottom fishers beware...
Buy only when everyone you meet is afraid of shares, and when the mere mention of shares makes them angry...
TA charts still show bearishness.
Everyday drop drop drop.
I'm waiting for $5.80
Ya agree, cos thats the price it start to take off.......but not next week, maybe after CD
des_khor ( Date: 20-Aug-2008 19:12) Posted:
Game over for this counter as the trading vol in exchange will get lesser and lesser , this will resulting the company P&L .
iPunter ( Date: 20-Aug-2008 19:09) Posted:
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Technically speaking, it is possible for SGX to go as low as 5.50/5.45 perhaps next week.
Or even lower if it falls later than...  |
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Looks like it. But hard to say. A strong rally might come and it is a diff story.
Game over for this counter as the trading vol in exchange will get lesser and lesser , this will resulting the company P&L .
iPunter ( Date: 20-Aug-2008 19:09) Posted:
|
Technically speaking, it is possible for SGX to go as low as 5.50/5.45 perhaps next week.
Or even lower if it falls later than... |
|
Technically speaking, it is possible for SGX to go as low as 5.50/5.45 perhaps next week.
Or even lower if it falls later than...
same for AK, no luck for me on SGX, long or short also cannot, jinx. but still track this burger, intra-day n daily Idx. for ref.
again no do today, toggling bt Olympics games. Pm no action, got medical review at NUH.
All counters looks very cheap today...tempted to take long position.
Did you short SGX today? Sure make money.
I am out liao, cannot play SGX...no luck with this counters...cheers!
It just kept dropping that I wanted to buy also think twice. Any rebound from low but eventually went lower... I bought one lot @6.53 to test the mkt. If it goes up from here, I will add on more. Let's see, for short term trading oni...
hence, no do today, just follows the Olympics games to relax. 4 yrs one time, worth for watching. ha ha.
Today dropped even more... very 'peng san'...
SGX price and volume movements are directly proportional to the health of the stock market.
If the stock market is healthy, people become bullish on SGX and trading volumes rise -> SGX profit rises
Conversely, if the stock market is bearish, trading volume drops -> SGX profit drops
I see $6 coming soon ... if market conditions and low trading volumes still continue like this.
Throughout the slow fall from the highest price a few months ago till now, many thought the stock (among others) has 'bottomed out'...
and thus had bought in heavily, or averaged down, into the 'bottom' ...
Actually, no one can tell any bottom...
sgx bought 2day 155,000 shares btwn 6.59 to 6.64.
