
bro idesa is spot on. when dow suddenly spike, spc will either hold or dip as investors flock to higher beta stocks.
it's usually during the 2nd or 3rd day after dow spikes that spc cheongs, if dow remains stable.
meaning it's gonna cheong on mon or tues. muahaha..
idesa168 ( Date: 17-Apr-2008 12:08) Posted:
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Sellers came back after lunch to short SPC...hehehe! Viper, you are on the upper hand now!
hahaa` but denz looking at last Friday...rally quite alot...although on small volume...as for the following Monday after tt...we noe wad happened...last Fri was GE...tml is Citibank ...since ppl already expected bad results...think the negative news might be quite well absorbed ba`
AK_Francis ( Date: 17-Apr-2008 12:40) Posted:
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JP graded as better-than-expected, a 50% drop in profits as compared with the preceeding yr.Coupled with Coca Cola, ha ha DJ survived.
Tonite is ML and hmmmm couples with Pepsi lah, got chance ah!!! Just kidding. Definitely the final answer is still either better or worst-than expected, despite the writedown inccured muns ago.
Tonite midnight will see the picture at DJ leow. But good or bad, tomorrow gonna be a sell down day TGIF leh!!
hmmm...personal view on another credible reason why SPC rally and cheong all the way is likely due to the oil prices keep breaking new heights...we would probably see a reason for SPC to undergo some correction when the oil price goes down by some noticeable margin
Vipers, congratulation on your comfortDelgro. I dun play that counter, I am more in SMRT, but stop now, play oni SPC. Cannot handle too many counters at one go.....SPC, look to me that the big sellers had gone for early lunch, leaving the small one to buy up (me one of them). Let's hope the sellers gone home already for the day...hehehe!!! Surprised to see the volume at 2 mil, although most from sellers. Cheers!
Many a time, mkt RED, this burger stands out from the pack in GREEN. If mkt very green, this burger either stands still or dip. So if DOW in red, we should not be too alarmed if LONG SPC...just my view, not always like that...hehehe!!
Check my order status, all 25 lots is being sold. shiok shiok for the day!! Guys..just be careful for today trading. Profit taking should be the approach as Citibank and ML results tonight/tomorrow wont be as good as JP....my point of view. I am reviewing what are the counters that i could shrt to anticipate a weak opening tomorrow in STI.
cyjjerry85 ( Date: 17-Apr-2008 11:47) Posted:
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u liquidated ur ComfortDelGro already? it went to a high of $1.83 jux now...currently back at its $1.79 level
ViperG ( Date: 17-Apr-2008 11:40) Posted:
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Viper congrate, either way also win. Keep this burger, he is quite weak today after few days of running, he he.Cheers.
haha...Will use my comfort delgro profit to cover my brokerage if SPC gains further. I've bought 25 lots at 1.72 a few days ago, will dispose these if it hit 1.8
idesa168 ( Date: 17-Apr-2008 11:31) Posted:
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Bro, if price stuck here @8.04, I think both of us will lose to the broker...hehehe!!!
ViperG ( Date: 17-Apr-2008 11:27) Posted:
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technically i agree the charts are looking overbought..
sold my lots @ 8.1 when it broke the support..
looking to buy back cheaper..prob after ex Div
choice to buy/sell is yours..
Bro..no problem for you to buy at 7.98 as you can average down your costs for your entire SPC holdings. Dun know what to play today and has decided to shrt SPC as the chart does not look great technically at this price....hehe
idesa168 ( Date: 17-Apr-2008 10:44) Posted:
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If SP hang around 8.11, I will sell my 7.98 lots. If surpass that line, I will hold! Cheers and good luck to all believers...
Correction @7.98 x 5 lots I meant.
idesa168 ( Date: 17-Apr-2008 10:44) Posted:
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lol...I just bought up @8.98 x 5 lots! So now we are at different camp bro...
ViperG ( Date: 17-Apr-2008 10:40) Posted:
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shrted 2 lots at 8.11 this morning...hope it goes down further....hehe!!
time to throw people...
look at the way the BBs are dumping!
finally is taking a break...