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It's inching close to what I wrote on the 21 April 2008.
Wunderful rally in under 2 months. If one can make 30% in under 2 months and do this twice a year, one can jack up one's portfolio easily by 50%.
LilyLi ( Date: 21-Apr-2008 09:14) Posted:
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A day volumn of 8k is high for this burger, it the same volumn half done then, confirms players and followers are around. Intra day volumn hitting around 12k-15k, you see prices fluctuate greatly and blocking at certain level. Thats appear on some of the data recorded in my book.
Market not that hot yet, short and long also not viable, as profit margin not high and risky as well. My view.
Relooked at this counter. volume was high last mth since a long time. Something is brewing here. Seem like a reversal coming soon. But 1st, it should retreat. If I were oceanble, will not enter. Do yr own homework.
Till now market volumn is high 1b, it may hit 2b by closing. SGX much rely on trade volumn. Some analysts said it support level ranging fr 5.45 to 8.45, one joker even said 10.45. Cant trust them anymore. Use your talent and trade with discipline, can't tell you wherether 8.50 is good to enter at this moment. Be careful on the players, esp this joker hv U turn trading phenomena. Good luck.
I bought this at high price and wish to average down. What is a good entry price? Is $8.50 ok?
24.34 DJ down, not striking leh. Hence, hold the elephant first, observe when market opens and act according, basing on this burger former trend. Cheers.
Test market, Q now for 8.48 sell lah. Can change Q tomorrow morning, if DJ U turn to green.
got off at 8.40, 2morrow shorting....all 4 beer $$$....will get in <7.95....Cheers.
AK_Francis ( Date: 17-Apr-2008 11:58) Posted:
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SGX looks set to re-test the resistance level of $9.00.
I am still keeping my lots bought at the $6+ levels.
People are liking what they see..........almost everything.
I longed this burger, download it this morning for coca cola leow. Not sure which pattern the palyers wanted to execute this pm. U pattern best lah, ie force down and push up priciple loh. Observed them few occasions leow. But be careful loh. He he.
anyone bog sgx today?????
Thanks Tanglin Boy! :)
tanglinboy ( Date: 15-Apr-2008 21:08) Posted:
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SGX players are back. At 0930hrs, the traded vol already doubled yesterday at the same period.
Wah ho shei leow. DJ closed mid day at 190 pts up, no adversed news so far.
Folks, you may consider to Q now, 10 bits higer on Kepcorp and SPC!! Your choice, however, you may do the withdrawer next day if DJ pm retreats greatly.
AK will do that, as I technical naked shorting Kepcorp and SPC last trading day. A bit regret, but its just a trading process, no right no wrong, esp prior to the end of trading day. Who knows???
Shorting and win some beer $$$$ is gd, but if you are against the wave and continue may resulted you to lose your salary for the week... That will then be a costly lesson...
AK, execute intraday contra 2morrow n make beer $$$$ cos market nowadays is on day to day basis, up down, down up, up down down up, Cheers.
I longed it leow and made avg near close. Those burger pulled it down to closing price of 8.02 to 7.94 during pre-close period. For those shortiest, don't try this pre-close period, they don't do this very often, you may get caught into naked shorting, if your buy in price is out of the window.
say folks....did anyone SHORTED this burger at 8.10+ level ? hee....
:D must be quite hapi now ?? haha..thk will dip further :P
hi all, i see under my portfolio where the share is marked corporation action = Y, what does it mean pls?
It did, SGX will go up, thats gives the opportunity for the players return back again. Hence, observe carefully. Good luck leow.