Others   

will my STI 2400 really comes?

I like you post man !! you always say until you like a god !!

 

Anyway, today there's no hindsight noise at all...

Like I constantly said,...

hindsight talk is a dime a dozen...


But the moment the STI goes up afterwards (if it does)...

we are sure to see a crowd of boisterous noisy cheerleaders swarming back here...

Expect the expected!


hehehe...

 

There is no such thing as a "sure thing" in the stock market, or any financial market.

As long as one has the right strategic approach as an overriding self-protection,

that itself is sufficient protection against long-term loss...

Thus, to split hair is to be frivolous...

 

Dear original author of this post,

When is 2400 going to be breached?  Do constantly keep this Forum updated.  Tks.

 

Your comparison of stock playing with marriage is sooper dooper relevant... and interesting!

Many people go into marriage as though they are into a sure thing... they don't want to 'miss the boat'...

But the underlying reality of the situation is that by the act of marrying, they only are only entering into an agreement to be together.

But this act alone certainly does not equate with marriage success.

In fact success in this context is made even more precarious and elusive.

For what one (or rather two) virtually did was bought a lottery ticket, as it were. Nothing more, nothing less.

The same principle applies with stocks...

I am sure you know what I mean...

Unless you can assure me the stock market will be in a bull run in the next few weeks or months...

 

Livermore      ( Date: 11-May-2010 07:54) Posted: Here is just my point of view. From what I have learnt in the past on proper way to short and comparing with your method, your method of shorting is a bit risky. In some way, you are guessing that you are at the peak. It is not always about getting the lowest price to buy and it is not always about getting the highest price to short. I would say your method of shorting would be more sucessful if based on candlestick i.e stock goes up to intra day high but ends up closing at below previous day closing price on a long down bar. The chances of shorting is higher. So when you read people saying,"Oh I will wait till STI hit this level then I buy." These are the ones who will always end up "missing the boat". They are scared so they want "ideal price". Like marriage, maybe they want to marry the ideal partner in life. Sometimes it happens , but most fo the time no.  iPunter      ( Date: 10-May-2010 23:02) Posted: Shorting must always be done at meaty, juice-dripping peaks... Always short before any 'correction'... If this rule is rigidly followed, satisfaction is as good as guaranteed... In that it is impossible to lose much money if wrong. But starting to short after a correction has moved down a lot is a bad practice...

 

suddenly i feel that, our money is like toilet paper. useless.

i see euro, see us dollar, so what is next? SGD? hahahahaha...

dunno.

i should  think to buy something more valuable.

diamond? or gold? which one better?

hahahhahahaha

i heard woman love diamond. but i a bit different, i love gold.

 

 

Monday: 10 MAY 2010  CLOSING

dOw  +404

BEAR  BARE

 

I will answer your question as quickly as possible... If not, I will surely die of suffocation.

I don't understand why you ask me this question.

Because I never ever hold a short position for long periods of time.

To me, that is too risky, not only because my profits may run away,

but also because I only grab chunks off the market, and I always leave some for the next man.

Typically, I hold my short positions from a just a few hours and up to a fortnight,

the sooner my chunky profits come, the sooner I liquidate...

Ok I am vamoosing from you... you can let go as much as you like... Gasp... I need oxygen!

hehehe... 

fartist      ( Date: 11-May-2010 07:58) Posted: Hi ipunter! How do you short your stocks over longer periods of time? Which brokerage offer that service? Or do you just intra day short? Thanks.

 

well, we r having the same thought about the currect situation. but how long can they delay?

so that is why, i should polish my skill on chart analysis to help me identify the "trend"

i just hope that i am in the right direction with the market trend..

but i always "miss the boat" hahahaha , maybe cus i always think too much.

 

alexchia01      ( Date: 11-May-2010 08:33) Posted: Tough questions are now being asked about EU's bail out fund. Does pouring more money into the Economy really solve the problem or just delaying the worst. Greece, Spain, Portugal, and Italy still have their debt problems. There is no concrete plan on how they are going get the money, just an agreement between the countries that they have to come out with the fund. Better seat back and watch how the events are played out. I won't enter the market until I see the Bull, until now, I only see a Bear Disguising as a Bull.

 

Tough questions are now being asked about EU's bail out fund.

Does pouring more money into the Economy really solve the problem or just delaying the worst.

Greece, Spain, Portugal, and Italy still have their debt problems.

There is no concrete plan on how they are going get the money, just an agreement between the countries that they have to come out with the fund.

Better seat back and watch how the events are played out.

I won't enter the market until I see the Bull, until now, I only see a Bear Disguising as a Bull.

 

ECB and IMF to throw out money just to prevent the Euro collapse.

it is now back to square before they announced the package..

my question, will Euro drop got any effect with the stock market?

euro drop, europe market drop, then all world market also drop?

but now Dow market is up, then euro drop?

so? hmm, i start to feel confused.

 

Hi ipunter! How do you short your stocks over longer periods of time? Which brokerage offer that service? Or do you just intra day short? Thanks.

 

Here is just my point of view. From what I have learnt in the past on proper way to short and comparing with your method, your method of shorting is a bit risky. In some way, you are guessing that you are at the peak. It is not always about getting the lowest price to buy and it is not always about getting the highest price to short. I would say your method of shorting would be more sucessful if based on candlestick i.e stock goes up to intra day high but ends up closing at below previous day closing price on a long down bar. The chances of shorting is higher.

So when you read people saying,"Oh I will wait till STI hit this level then I buy." These are the ones who will always end up "missing the boat". They are scared so they want "ideal price". Like marriage, maybe they want to marry the ideal partner in life. Sometimes it happens , but most fo the time no. 

iPunter      ( Date: 10-May-2010 23:02) Posted: Shorting must always be done at meaty, juice-dripping peaks... Always short before any 'correction'... If this rule is rigidly followed, satisfaction is as good as guaranteed... In that it is impossible to lose much money if wrong. But starting to short after a correction has moved down a lot is a bad practice...

 

DOW now up 400.

 

It may not be intentionally black-hearts on their part...

I suppose they are inexperienced or misguided stock market dabblers.

Any sophisticated veteran trader will routinely short only at the peaks of meaty rallies...

Because shorting at the top makes more sense than arbitrarily shorting the market in a

haphazard manner just because sentiment is bad at the moment...

Sentiment can turn good or bad without notice...

noobnoob      ( Date: 10-May-2010 23:29) Posted: wah then thur n fri... those black hearts one still keep advocatin short ho le si.. are up to no good...   iPunter      ( Date: 10-May-2010 23:02) Posted: Shorting must always be done at meaty, juice-dripping peaks... Always short before any 'correction'... If this rule is rigidly followed, satisfaction is as good as guaranteed... In that it is impossible to lose much money if wrong. But starting to short after a correction has moved down a lot is a bad practice...

 

It may not be intentionally black-hearts on their part...

I suppose they are inexperienced or misguided stock market dabblers.

Any sophisticated veteran trader will routinely short only at the peaks of meaty rallies...

Because shorting at the top makes more sense than arbitrarily shorting the

market in a haphazard manner just because sentiment is bad at the moment...

Sentiment can turn good or bad without notice...

 

MAde no mistake,

2000 is the beloved support not 2400.

 

senecus      ( Date: 10-May-2010 21:56) Posted: Is 2400 coming or have to wait for christmas...?

 

wah then thur n fri... those black hearts one still keep advocatin short ho le si.. are up to no good...

 

iPunter      ( Date: 10-May-2010 23:02) Posted: Shorting must always be done at meaty, juice-dripping peaks... Always short before any 'correction'... If this rule is rigidly followed, satisfaction is as good as guaranteed... In that it is impossible to lose much money if wrong. But starting to short after a correction has moved down a lot is a bad practice...

 

I know you will work hard...

very good...


hehehe... 

 

i will understand.

i think i should work hard more in my chart analyze.

i see some of the forumer, really very good in chart analyzing.

but i am not saying u ohh.

so now, i want to bi guan . study more in charts.

iPunter      ( Date: 10-May-2010 23:09) Posted: Being sooper dooper bullish is also a sure way to go "pok!"... Being sooper dooper bearish is also the same... The correct way is to be neither bullish or bearish... but instead to just take a position (long or short) as a bet... In other words, simply treat it as nothing but just one's bet about the market's next move... And not forgetting to constantly bear in mind the existence of time-frame in the order of things... kellychang      ( Date: 10-May-2010 22:49) Posted: look like u r saying me. hahahha. but ohh, i already mentioned mah, since europe now got 15 trillion pump into market. so i am looking forward STI 4200 liao. since so much free money, sure goes into stock market de. huat ya! dow 15000, STI 4000. i want to be super duper bullish liao!