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its still within the trend and channel that i drew on GSP chart if it does not break below 1.84.. Hope to see a rebound soon....
rotijai ( Date: 12-Jul-2011 16:44) Posted:
for today.. gsp looks far better than the other counters..
cause the volume is low :)
bryansng ( Date: 12-Jul-2011 16:38) Posted:
GSP - Immediate support is at $1.84..... Hope tomorrow won't open below that figure else may see 1.8
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Not sure if there is any big impact on the market today but there is a big explosion in Cyprus, 40% of the country got no power now. Cyprus is using Euro.
http://www.telegraph.co.uk/news/worldnews/europe/cyprus/8629594/Cyprus-explosion-knocks-out-islands-electricity-plant.htmlrotijai ( Date: 12-Jul-2011 16:20) Posted:
not doing anything.. today's a bit unusual..
there's no big bad news except the unemployment in the US.. which should have been factored into the market..
italy's prob has been there for months.. if not years.. why suddenly creep out -_-
nvm.. not doing anything
eastcivic ( Date: 12-Jul-2011 16:14) Posted:
hmmm if i would have to choose, i go for wilmar....
sar and wilmar both big bear candles, both are doing it's 1st bear candle after a series of bull.... but sar has been on an uptrend..... whereas wilmar previously was attempting to breakout out from a sideways. |
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for today.. gsp looks far better than the other counters..
cause the volume is low :)
bryansng ( Date: 12-Jul-2011 16:38) Posted:
GSP - Immediate support is at $1.84..... Hope tomorrow won't open below that figure else may see 1.8
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master civic.. i am not a shorting pro but i feel tat the way to short is a bit different from long..
cause nowadays stock goes up slow and steady (u have time to look at the chart and plan to buy or not)
but stock goes down so fast and furious (u dont even have time to look at the chart..) thus, it is still better to short before the fall.. instead of after the fall..
eastcivic ( Date: 12-Jul-2011 16:14) Posted:
hmmm if i would have to choose, i go for wilmar....
sar and wilmar both big bear candles, both are doing it's 1st bear candle after a series of bull.... but sar has been on an uptrend..... whereas wilmar previously was attempting to breakout out from a sideways.
Gaecia ( Date: 12-Jul-2011 16:11) Posted:
Straits Asia also forming a 1st bear candle, yesterday both zapped up to draw applause from pple who say this fella can cheong non stop. The last low was 2.81 if proven to be double top reversal then this neckline @2.81 will be vulnerable |
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GSP - Immediate support is at $1.84..... Hope tomorrow won't open below that figure else may see 1.8
true..
anyway.. this looks more 'vertical' dip than the vertical rally tat we had earlier :P
Gaecia ( Date: 12-Jul-2011 16:31) Posted:
You think the bankster had not planned for this at the time of vertical rally? Isn't it too good to be true.
rotijai ( Date: 12-Jul-2011 16:20) Posted:
not doing anything.. today's a bit unusual..
there's no big bad news except the unemployment in the US.. which should have been factored into the market..
italy's prob has been there for months.. if not years.. why suddenly creep out -_-
nvm.. not doing anythin |
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You think the bankster had not planned for this at the time of vertical rally? Isn't it too good to be true.
rotijai ( Date: 12-Jul-2011 16:20) Posted:
not doing anything.. today's a bit unusual..
there's no big bad news except the unemployment in the US.. which should have been factored into the market..
italy's prob has been there for months.. if not years.. why suddenly creep out -_-
nvm.. not doing anything
eastcivic ( Date: 12-Jul-2011 16:14) Posted:
hmmm if i would have to choose, i go for wilmar....
sar and wilmar both big bear candles, both are doing it's 1st bear candle after a series of bull.... but sar has been on an uptrend..... whereas wilmar previously was attempting to breakout out from a sideways. |
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Those who have confidently assumed a bull market, and have
'bought on dips' would have been be
" pengsan" by now...
Thus, it boils down to the truth of - "
nobody nows the trend" .
not doing anything.. today's a bit unusual..
there's no big bad news except the unemployment in the US.. which should have been factored into the market..
italy's prob has been there for months.. if not years.. why suddenly creep out -_-
nvm.. not doing anything
eastcivic ( Date: 12-Jul-2011 16:14) Posted:
hmmm if i would have to choose, i go for wilmar....
sar and wilmar both big bear candles, both are doing it's 1st bear candle after a series of bull.... but sar has been on an uptrend..... whereas wilmar previously was attempting to breakout out from a sideways.
Gaecia ( Date: 12-Jul-2011 16:11) Posted:
Straits Asia also forming a 1st bear candle, yesterday both zapped up to draw applause from pple who say this fella can cheong non stop. The last low was 2.81 if proven to be double top reversal then this neckline @2.81 will be vulnerable |
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hmmm if i would have to choose, i go for wilmar....
sar and wilmar both big bear candles, both are doing it's 1st bear candle after a series of bull.... but sar has been on an uptrend..... whereas wilmar previously was attempting to breakout out from a sideways.
Gaecia ( Date: 12-Jul-2011 16:11) Posted:
Straits Asia also forming a 1st bear candle, yesterday both zapped up to draw applause from pple who say this fella can cheong non stop. The last low was 2.81 if proven to be double top reversal then this neckline @2.81 will be vulnerable.
eastcivic ( Date: 12-Jul-2011 16:03) Posted:
| no not stx... wilmar... today is 1st bear candle.... but such a big bear candle, i dare not short : |
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Straits Asia also forming a 1st bear candle, yesterday both zapped up to draw applause from pple who say this fella can cheong non stop. The last low was 2.81 if proven to be double top reversal then this neckline @2.81 will be vulnerable.
eastcivic ( Date: 12-Jul-2011 16:03) Posted:
no not stx... wilmar... today is 1st bear candle.... but such a big bear candle, i dare not short :(
eplepl ( Date: 12-Jul-2011 15:56) Posted:
| which counter are u talking about ? stx osv |
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By the look of things, it's a bad situation...
it's as good as a crash,
money saved is money earned...
no not stx... wilmar... today is 1st bear candle.... but such a big bear candle, i dare not short :(
eplepl ( Date: 12-Jul-2011 15:56) Posted:
which counter are u talking about ? stx osv ?
eastcivic ( Date: 12-Jul-2011 15:53) Posted:
| but opening short on the 1st bear candle after a series of bull candles is still ok right |
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It looks like we are into something real...
Though there's no panic-selling, but rather a rational
and orderly liquidation (dumping) by smart people...
eplepl ( Date: 12-Jul-2011 15:56) Posted:
which counter are u talking about ? stx osv ?
eastcivic ( Date: 12-Jul-2011 15:53) Posted:
| but opening short on the 1st bear candle after a series of bull candles is still ok right |
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brother, you play SGX small small also not that small....
muifan ( Date: 12-Jul-2011 14:06) Posted:
CUtted my last SGX play with loss..
from huat bigbig become loss bigbig...
good lesson learned
eastcivic ( Date: 12-Jul-2011 09:58) Posted:
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which counter are u talking about ? stx osv ?
eastcivic ( Date: 12-Jul-2011 15:53) Posted:
but opening short on the 1st bear candle after a series of bull candles is still ok right?
iPunter ( Date: 12-Jul-2011 15:48) Posted:
Shorting must be done only at the juicy peaks...
then hold and let the profits run.
It's not good to short after a stock has
already fallen... no more juicy...
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like that u also know.... really an old bird....
muifan ( Date: 12-Jul-2011 13:27) Posted:
Haha..Fire ..
ORCHARD SHOPPING CENTER LEVEL 5
eplepl ( Date: 12-Jul-2011 13:17) Posted:
| ha ha .... i bet you never heard of fire disco right |
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but opening short on the 1st bear candle after a series of bull candles is still ok right?
iPunter ( Date: 12-Jul-2011 15:48) Posted:
Shorting must be done only at the juicy peaks...
then hold and let the profits run.
It's not good to short after a stock has
already fallen... no more juicy...
eastcivic ( Date: 12-Jul-2011 15:44) Posted:
can short or not?
during bull market, people anyhow buy anyhow win....
now is it bear market, anyhow short anyhow win |
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worth to take note tat euro took 6 days to rally 2 weeks ago.. (which was superb)..
now it takes 3 days to erase all gains
lol
eastcivic ( Date: 12-Jul-2011 15:44) Posted:
can short or not?
during bull market, people anyhow buy anyhow win....
now is it bear market, anyhow short anyhow win?
iPunter ( Date: 12-Jul-2011 15:41) Posted:
This carnage is for real...
we are into something big...
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Of course you are also right that
in a bad bear market, people can simply
'whack' on any stock and make money...
