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bryancbq
    02-Jun-2011 01:03  
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hopefully tomorrow cosco wouldn't plunge. US market lao sai. =/

STI up, cosco no movement, tomorrow STI lao sai, better dont lao together. 
 
 
Hawkeye
    02-Jun-2011 00:03  
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Sinopacific warns of rising steel prices

Shanghai: Privately-run Sinopacific Shipbuilding Group is bracing itself for rising steel prices and has implemented strict cost control measures. Chinese firms Angang Steel and Baosteel have been continually adjusting their ship plate prices upward, and prices are expected to continue to increase, according to Simon Liang, chairman of Sinopacific. The shipbuilder noted that the average price for ship plates have jumped by 87% in 2010. The Chinese shipbuilding industry experienced a first huge jump in steel material prices in 2008 when prices at some steel producers reached RMB10,000 ($1,540) per tonne, resulting in price increases of 21-30% over four months. In addition, other raw material prices and labour prices have also increased, Liang noted. “Cost control became the key for the fortunes and the very survival of shipbuilding enterprises,” Liang said. [01/06/11]

 
 
Peg_li
    01-Jun-2011 22:26  
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it looks like not good!

Only those index stocks mainten the STI .

if you look at those mid-small caps,most of them  become lower and lower.

fund look like to leave, only left our poor retail investors.

Is it?
 

 
monk999
    01-Jun-2011 22:05  
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hopefully tom will give us more clues. if it closes below 1.94 tomorrow higher chance to see it go to 1.8 real soon.
 
 
stocksburntme
    01-Jun-2011 18:47  
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she dont to go steady with us...damn
 
 
Isolator
    01-Jun-2011 17:26  
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lol...This damn Cosco always so tempermental....
 

 
bryancbq
    01-Jun-2011 17:26  
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hahaha. going to end le la. mensus also one week only ma. hope it will make a decision soon. haha. if still like that, maybe i will try to sell at 1.96, and earn 30 bucks. haha.
 
 
stocksburntme
    01-Jun-2011 17:22  
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this girl pms again. yesterday happy. today angry
 
 
rotijai
    01-Jun-2011 17:12  
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the worst thing is.. drop 3 cents and no show..

sigh

bryancbq      ( Date: 01-Jun-2011 17:06) Posted:

ya lo. no show. sian. haha.

goldenpiggy      ( Date: 01-Jun-2011 16:32) Posted:

no show again today...


 
 
bryancbq
    01-Jun-2011 17:06  
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ya lo. no show. sian. haha.

goldenpiggy      ( Date: 01-Jun-2011 16:32) Posted:

no show again today....

Isolator      ( Date: 01-Jun-2011 15:30) Posted:

Never overtrade... relax... and watch the action soon....


 

 
goldenpiggy
    01-Jun-2011 16:32  
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no show again today....

Isolator      ( Date: 01-Jun-2011 15:30) Posted:

Never overtrade... relax... and watch the action soon....

 
 
Isolator
    01-Jun-2011 16:09  
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I like the support that limit the downside which reduce the risk exposure.... Anyway, I need to hold on as Cosco  still behave within the boundary....
 
 
rotijai
    01-Jun-2011 15:53  
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i am not even 50%..

but this ship.. really disappoiting.. didnt expect it to be stuck there..

may be need to look for other ships..

Isolator      ( Date: 01-Jun-2011 15:47) Posted:



I always trade within my trading principle no matter how confident I am...    Anyway, I still can buy more in Cosco when needed... I am only 50% done in Cosco...

 
 
Isolator
    01-Jun-2011 15:47  
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I always trade within my trading principle no matter how confident I am...    Anyway, I still can buy more in Cosco when needed... I am only 50% done in Cosco...
 
 
eplepl
    01-Jun-2011 15:37  
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isolator.... any interest ?

eplepl      ( Date: 01-Jun-2011 12:29) Posted:

isolator, any interest to short SAR

Isolator      ( Date: 01-Jun-2011 12:18) Posted:

Be patience... only those who short are worry... The show will not be boring....


 

 
bryancbq
    01-Jun-2011 15:36  
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haha. yea. remember u telling me in the tread for sapphire, never to be heavily vested in one counter. it clouds my judgement. haha. =D

Isolator      ( Date: 01-Jun-2011 15:30) Posted:

Never overtrade... relax... and watch the action soon....

 
 
Isolator
    01-Jun-2011 15:30  
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Never overtrade... relax... and watch the action soon....
 
 
bryancbq
    01-Jun-2011 15:19  
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i q-ing at 1.94 again! but dont think i will get.

feel like loading some at current 1.96, but risk/reward ratio not very appealing le. haha. 

Isolator      ( Date: 01-Jun-2011 15:14) Posted:

It is not going to stuck here.... There are so many short positions to close.... Bargain buying too..... 

 
 
bryancbq
    01-Jun-2011 15:17  
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i understand the frustration. but i think one can never really time the market. who knows, even if u sell now, sti might be down tomorrow, and cosco chiong. then u will just kill yourself. 

losing opportunities to earn money better than losing money? i rather miss the boat than to board the wrong boat.

newbie here. take what i say with a bucket of salt. haha. 

agent_skali      ( Date: 01-Jun-2011 15:04) Posted:



Thanks all. I'm using full cash and I guess felt frustrated that I missed other opportunities with STI up for days... Will see if there's any batter babe worth switching some over... if not I'll have to be long term investor here.


Not trying to talk down on Cosco and definitely not blaming anyone..

Huat to all.


bryancbq      ( Date: 01-Jun-2011 14:53) Posted:



there's one particular form of chart pattern (looking at candlesticks) that signal a reversal, together with a few other criteria. 

it's my personal observation, not found in books one. but its quite hard for this kind of pattern to appear.

not very experienced yet, but i think i observed that reversal signal in cosco.

vested. caveat emptor. 


 
 
Isolator
    01-Jun-2011 15:14  
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It is not going to stuck here.... There are so many short positions to close.... Bargain buying too..... 
 
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