
another round of heavy sellling. 620,000 lots @1.76. new low @1.72. drop by 8.5% liao. very extreme bearish. trade with care.....
16:31:53 | 1.750 | 5,000 | Sell Down |
16:31:52 | 1.760 | 5,000 | Buy Up |
16:31:51 | 1.750 | 27,000 | Sell Down |
16:31:41 | 1.760 | 5,000 | Buy Up |
16:31:40 | 1.760 | 620,000 | Sell Down |
This one short when it rebound , still can earn.
If you buy anytime now, confirm ki chia
Not vested. Neutral fencing comment.
Trade with care. Time and market not in buyers' side
Heavy selling single trade 651,000 lots @$1.8. I have entered @2.18 & 1.97 (support level which did nt hold) As loss more than 10% hv to cut. Survive first & conserve ammo for nxt round
14:22:44 | 1.790 | 10,000 | Sell Down |
14:21:58 | 1.790 | 20,000 | Sell Down |
14:21:55 | 1.790 | 10,000 | Sell Down |
14:21:40 | 1.800 | 651,000 | Sell Down |
Remember, follow the trend. Trend line is now down....fight against it & put yr money at risk. The bears are in control and the ball in their court now...Fight another day
This counter cannot buy la.
Can only short-sell.
This counter going bonkers liao.... sellin tsunami wave strong... low 1.76.... i hv cut loss @1.8
. good luck to those still holding...nxt support level $1.69 , $1.41 then the dreaded $1..below ipo price

dropping ....
risktaker ( Date: 26-Jan-2010 13:08) Posted:
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dun worry my friend, i know u got holding power... can consider to average down..
trader9988 ( Date: 26-Jan-2010 13:46) Posted:
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Technically downtrend now..looking fwd, expecting lot of volatility for this counter .... not for faint hearted.. if stuck must hold long term liao..
If you want to play yanlord u can short but not buy at this level. Yanlord might go under $1 again.
trader9988 ( Date: 26-Jan-2010 13:06) Posted:
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I agreed . Shortists will scramble to cover position then. Cheers!!!
This is a super high speculation counter when it's time come...just hold on lah.....when rebounce, it will bounce higher and faster then many others counters....
Bearish overall market drag dwn this counter inthe morning hence no follow thru of reverse hammer. However technical indicators RSI, Stochastics, CCI, MFI etc all in deeply oversold region. FY result out soon Feb should be strong one. Will sentiment change & strong rebound in anticipation of good results when near result date? Even Capital land recently go on buying spree & spend $2 billion plus invest in China .. long term bullish.. Keep in tune........
how come both looking at chart but different result??
Sell when it announces its Q results. Last chance to get out.
Be warned, if it can cross $2.20, it will be a miracle. Sell if it really comes.
Your last chance...
ADX has confirmed it is a downtrend, and will get worse. Dun in denial.
Yanlord closes today with a potential inverted hammer formation as previous day close was a doji. Looking for a reversal rebound tmw if big brother dow jones swee swee close higher tmw after lao sai 500 over points last 3 days.
morning star forming.... can go in liao.... goodluck!
Yup....thus we still have 6mths or so to make from the corrected sector before interest rate hike......hope so.
You see, property are directly co-related to interest rate and they are cyclic in nature.
When you buy them during distress , you are sure to win when market bounce back , if they are big enough to absorb losses and valuation downgrade of their properties.
Even if STI surge to 3300, Yanlord at most will go back $2.50.
Its heyday are over as for now, look out for other sectors. Bear rally usually last 9months and lucky enough stretch another 6months with limited upside. We are currently in this last phase.
My advise is if STI hit 3100-3200, sell at all cost, cos I am prepare to buy back property counters when STI goes back to 2200. Dun laugh, it will happen, sometime next year. Market never stays constant on upside esp for STI which is very cyclic in nature due to our exposed economy.
Reits on the other hand are more of dividend plays, so if you keep long long, you will gain back your capital plus maybe one bagger after 20years. Reits are not for capital gains. Just bear in mind.
Can you imagine if interest rate is raised up, those jokers who buy property now with loan of >500k to 1m can tahan 2-3% increase? Property will get bashing first when Mr Ben raise its first interest. Pple will buy if economy then is super strong with interest rate at 3%. Not in currently, when everyone depending on BRIC.
Anyway talking from my experiences, maynot be right but I would not bet against our cyclic property stocks that has shown time and again, its time to sell when the Stock goes up to its NAV or more when economy still shaky. For eg Ho bee now trading almost near its 07 high. How could that be sustained when leverage for high end investor has been taken away??
Good luck
u have to study into their management n check if they are financially healthy ..n etc.
No easy way out in investing loh.
stevenk ( Date: 23-Jan-2010 18:05) Posted:
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