
Thanks Xing78.
Had a quick read.   Yeah thanks for the caution .... can lose your pants if caught on the wrong side of bet in a big price movmt.
How liquid is the CFD market, I mean if you need to close your posn is it easy to find a sufficient pool of counterparties to liquidate? Or I don't have to worry about it as my broker will underwrite at the prevailing price of underlying stock?
 
 
xing78 ( Date: 23-Aug-2011 09:00) Posted:
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You can open a CFD account with local brokerages.
Financial charges for short-selling between 4% to 8% pa depending on the grading of counters you play.
Please read the T& C carefully first before-hand as short-selling is not recommended (you can lose more than your initial margin put in).
Good Luck :p 
goldpad ( Date: 23-Aug-2011 08:43) Posted:
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Hi Xing78 or anyone here ,
This may be a stupid question.   But how can I short beyond intraday contra?
I am not very familiar with all the trading tools, so will be very thankful if you can direct me to any websites about shorting for SGX stocks.
Thanks ...   
xing78 ( Date: 18-Aug-2011 21:52) Posted:
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ouch. yanlord is a goner for now. lol. good luck in vesting.
good luck!
edwinjup ( Date: 22-Aug-2011 20:39) Posted:
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pick up some today seems market start to recovery...actually i wanted to pick up below 80 cents but seems no easily...hope can earn some coffee money in the coming week...i also pick up cosco and ezra as well....
stockmarketmind ( Date: 22-Aug-2011 20:30) Posted:
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Hi Junwei, you are totally right, if it goes to 2500, everyone will say 2000 then buy, then after that when hit 2000, ppl say 1500! This is so just human nature.
Anyone bought yanlord today?
JUNWEI9756 ( Date: 21-Aug-2011 23:33) Posted:
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Doesnt look good at today's open, drop 5% in the first 5 minutes.
Good Luck :p 
You cannot say that you wait for STI to drop till 2500 and you start to enter, if it really reaches 2500, people will say that it will go down to 2000. There is no basement when it comes to stock market  

Joe2020 ( Date: 21-Aug-2011 23:14) Posted:
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I trade and invest but now is the time for trading not investing. When STI drop to 2500 then I will will start investing but will continue trading....
stockmarketmind ( Date: 21-Aug-2011 08:54) Posted:
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I am trading, not investing. So if there is a chance for a positive trade, I don't bother about the fundamentals.
xing78 ( Date: 20-Aug-2011 21:45) Posted:
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I am not too optimistic on the property counters in China at the moment.
China Vanke (万 科 ) is the biggest property developer in China and is listed in China Shenzhen.
This is also one of my favorite counters to long when I was out-stationed in Shenzhen (during the 2004 to 2006 boom period). 
But when I look at the historical chart for this counter and most of it's peers, there's no positives I can find.
I believe Yan Lord and Ying Li listed here may have another 20%-30% to go down in comparison to property counters listed in China Shang Hai and Shen Zhen. 
 
stockmarketmind ( Date: 20-Aug-2011 20:04) Posted:
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yanlord is in a great technical position!
http://stockmarketmindgames.blogspot.com/2011/08/yanlord-paradigm-shift.html 
It is not positive news.
The China Government are not going to increase the speed of house building, they are now putting a lot of emphasis to safety now just like HSR to prevent " BEAN-CURD Projects" .
With inflation at so high, the Chinese will cut down spending.
Housing prices need to be affordable for people to come out and spend.
 
stockmarketmind ( Date: 19-Aug-2011 15:13) Posted:
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is it good for yanlord?
xing78 ( Date: 19-Aug-2011 12:22) Posted:
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Reach my target already.
Covered @ 86 cents.
China is going to channel their focus from High Speed Rail development to Housing development from the recent news I have seen on China Web TV to boost their local consumption.
They stop quite a few HSR projects that was in their 10-15 years planning already.
Affordability of housing will be the main concern to the China Government. 
 
Yanlord is in a very good position now, this stock is due for a rally. I am timing my entry. Watch!
Your wish is most likely to come true.
xing78 ( Date: 18-Aug-2011 21:52) Posted:
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0.665 is the next possible price i watch.
I hope this counter gaps down below 0.85 on open tomorrow.
I shorted another 20 lots today @ 0.895 and have 30 lots shorts open from yesterday @ 0.90. 
 
alexchia01 ( Date: 18-Aug-2011 21:44) Posted:
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