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Lost my pants this month

If Uncle AK after drinking 10 Carlesberg then gives me good tip,

I will "mau" (whack big)...

hehehe...

AK_Francis      ( Date: 23-May-2010 10:19) Posted: Ha ha, absolutely correct. Sifus said, there is up n down in the stock market. Sometime, prediction could be wrong. Important is trust ownself and trade/invest carefully. Others' advices solely as references, no obligation. Hv a good Sunday. Cheers

 

thanks u..

 

DnApeh      ( Date: 23-May-2010 09:57) Posted: Hi. There is a possible neck-line that joins the lows of 8 Feb and 21 May. Coupled with super-oversold indicators, this may lead us to think that STI is likely to bounce up and form the right shoulder of a H&S pattern. ADX however is rising rapidly with -vely placed DIs;  the index is walking on the lower B band; the down-turning 200MA is at 2,775(although no dead crosses yet); All these are bearish signals which makes the formation of the Right Shoulder very difficult. If the Right shoulder were to form, it will probably be a very small one. Alternatively, if STI breaks the low of 8 Feb at 2,666 , it would have broken down via a double top pattern, despite the 2nd top being higher than the 1st top, making 2,400 the target by measurement.(interestingly, in Apr 09, STI bottomed via a double bottom with the 2nd bottom lower than the 1st)   So, my opinion is that for STI, upside is very limited(perhaps at the 200MA, 2775), whereas downside is at around 2,400 if 2,666 breaks.   kellychang      ( Date: 23-May-2010 09:23) Posted: i not too sure. i saw my charts, look like STI is ready to form the right shoulder and rebound coming. target <2950 but shifu said it may dip further in order to form the right shoulder? anybody? but i think...u can hold it and see how it perform next week. i still believe rebound coming, right shoulder forming? anybody??

 

Ha ha, absolutely correct. Sifus said, there is up n down in the stock market. Sometime, prediction could be wrong. Important is trust ownself and trade/invest carefully. Others' advices solely as references, no obligation. Hv a good Sunday. Cheers

 

Hi.

There is a possible neck-line that joins the lows of 8 Feb and 21 May. Coupled with super-oversold indicators, this may lead us to think that STI is likely to bounce up and form the right shoulder of a H&S pattern.

ADX however is rising rapidly with -vely placed DIs;  the index is walking on the lower B band; the down-turning 200MA is at 2,775(although no dead crosses yet); All these are bearish signals which makes the formation of the Right Shoulder very difficult.

If the Right shoulder were to form, it will probably be a very small one.

Alternatively, if STI breaks the low of 8 Feb at 2,666 , it would have broken down via a double top pattern, despite the 2nd top being higher than the 1st top, making 2,400 the target by measurement.(interestingly, in Apr 09, STI bottomed via a double bottom with the 2nd bottom lower than the 1st)

 

So, my opinion is that for STI, upside is very limited(perhaps at the 200MA, 2775), whereas downside is at around 2,400 if 2,666 breaks.

 

kellychang      ( Date: 23-May-2010 09:23) Posted: i not too sure. i saw my charts, look like STI is ready to form the right shoulder and rebound coming. target <2950 but shifu said it may dip further in order to form the right shoulder? anybody? but i think...u can hold it and see how it perform next week. i still believe rebound coming, right shoulder forming? anybody?? scotty      ( Date: 23-May-2010 09:16) Posted: Sigh... need some advice. Do I cut loss now or sell into strength? I am afraid that things might become even worse and then I lose even more money!

 

You are in the pink of heath, no debt, stable job and have a loving family.  What is there to feel sorrowful about?  Anytime I will trade all my profits for what you have that no amount of money can buy.

HateBear      ( Date: 23-May-2010 00:35) Posted: Wish to post my sorrow here too. But please I don't want any sympathy. At the moment lost an indecent amount in the market plus had savings in Euro currency have to discount 20 % due to unfavourable exchange rate as Euro is badly battered. Trying to seek solace by hoping that market and Euro will turn around. The positive thing is I have more than ample time to hold and nil debts, stable job. The plus thing is I am in the peak of my health surrounded with a loving family and understanding friends. What more can I ask but be grateful for there are less fortunate that I hope that aren't many.

 

i not too sure.

i saw my charts, look like STI is ready to form the right shoulder and rebound coming.

target <2950

but shifu said it may dip further in order to form the right shoulder?

anybody?

but i think...u can hold it and see how it perform next week.

i still believe rebound coming, right shoulder forming?

anybody??

scotty      ( Date: 23-May-2010 09:16) Posted: Sigh... need some advice. Do I cut loss now or sell into strength? I am afraid that things might become even worse and then I lose even more money!

 

Sigh... need some advice.

Do I cut loss now or sell into strength? I am afraid that things might become even worse and then I lose even more money!

 

no worry.

learnt from experience.

next time must know how to play with the stock market.

freeme      ( Date: 23-May-2010 01:47) Posted: Yup.. im prepared to write off my loses if they nv return.. on the other hand. I feel that it will come.. fear taken over the mkt and I again see many gd counter being throw to very attractive price.. just tat pocket also tight.. else will just go n and scope up more stocks which are doing well.. teeth53      ( Date: 22-May-2010 21:44) Posted: U r indeed prepare to write it down ur 3-6k, d others way. I sense this time, u has seen the worst oredi, since US sub-prime woes time and now Eu money credit woes may not effect u. U r prepared

 

warning from forum moderator.

pls behave urself!

iPunter      ( Date: 23-May-2010 06:09) Posted: You must not have tantrums at European Union... Also, you must not have any tantrums at the stock market beast... Because a beast is a beast ... It will not love you just because you have lost money... (only rare humans will love you) You lost because in the past, you had treated the beast as your good friend... So now, the best thing for you to do is to is to: Slap your own face, pull your own hair, spit at yourself or do whatever nasty things you can do to yourself... Why? because you have treated the stock market as a benevolent friend... That's why... But if you now want to throw your tantrums at me, it is okay, Because I will understand perfectly. hehehe... Peg_li      ( Date: 22-May-2010 22:35) Posted: Lost around 70k in May. anybody lost more? really depressed! Until now I haven't sold any stock! Sheet! crazy EU!sheet EU!

 

dont think there will be any strong rally tomorrow, the overall confidence level is still very low. having said that, i will continue to cherry pick some sotcks and hold

teeth53      ( Date: 22-May-2010 22:48) Posted: teeth53 thot -  U hav not prepare ur-self well, next Opportunities come with profit- sell & keep ur money warm 1st B4 verturing, for buying opportunties for buying is plenty out there.Take ur time.. Dow make a U turn after report start coming in......oversold position and Boomberg news - Euro has par Eu stocks risk as Risk demand stabilizes, stocks rout is halted. but I think the mindset has changed and people are going to be selling into rallies What's in the Wall Street bill? Wall Street reform: By Alexandra Twin, senior writerMay 21, 2010: 5:36 PM ET NEW YORK (CNNMoney.com) -- Stocks ended higher Friday, finding momentum at the end of a very choppy session in which concerns about global growth vied with investor willingness to scoop up shares beaten down in the recent sell-off. But selling earlier in the week left the major gauges lower for the week, with the Dow and S&P 500 both down around 4% and the Nasdaq off around 5%. Stocks fell again in the morning Friday, dropping below the lows from the early-May "flash crash" -- in which erroneous computer trading sent the Dow down by almost 1,000 points, before it recovered near the close. Hitting those lows again Friday seemed to bring in some new buyers, with market pros using those earlier lows as a good point to tiptoe back into the market. But the advance Friday was never especially robust, with stocks seesawing through the session.

 

You must not have tantrums at European Union...

Also, you must not have any tantrums at the stock market beast...

Because a beast is a beast ...

It will not love you just because you have lost money...

(only rare humans will love you)

You lost because in the past, you had treated the beast as your good friend...

So now, the best thing for you to do is to is to:

Slap your own face, pull your own hair, spit at yourself

or do whatever nasty things you can do to yourself...

Why? because you have treated the stock market as a benevolent friend...

That's why...

But if you now want to throw your tantrums at me, it is okay,

Because I will understand perfectly.

hehehe...

Peg_li      ( Date: 22-May-2010 22:35) Posted: Lost around 70k in May. anybody lost more? really depressed! Until now I haven't sold any stock! Sheet! crazy EU!sheet EU!

 

But anyway, I think those who lost money can make back if they make use of this dip again. Just dun scared. See value, go for it and ride the cycle, dun try to time the mkt. Just my 2 c worth.

 

Wow, didn't know so many pple made such a big loss... I'm lucky one then. Just less profit. But Uncle AK is the G.O.D!!!

 

Yup.. im prepared to write off my loses if they nv return.. on the other hand. I feel that it will come.. fear taken over the mkt and I again see many gd counter being throw to very attractive price.. just tat pocket also tight.. else will just go n and scope up more stocks which are doing well..

teeth53      ( Date: 22-May-2010 21:44) Posted: U r indeed prepare to write it down ur 3-6k, d others way. I sense this time, u has seen the worst oredi, since US sub-prime woes time and now Eu money credit woes may not effect u. U r prepared. freeme      ( Date: 22-May-2010 17:39) Posted: this mth also down about 3-6k.. but duno why i not too worry..

 

Ha ha, AK apology, thats was my suggested advice, as posted earlier, still not late to consider to ease pain, if belief and if holding bulk shares.

The moral of the story is, if trust forum, then follow closely, if not, may mislead again. AK apology for misleading, if any.

kellychang      ( Date: 23-May-2010 01:13) Posted: now u cleared all holding then  can laugh at others. so bad! AK_Francis      ( Date: 23-May-2010 01:11) Posted: Ha ha, if one is relek lah, jangan tension, means had cleared most holdings lately, carrying relek. But those still happily hope for d best, thats may not be your wish liao.

 

now u cleared all holding then  can laugh at others.

so bad!

AK_Francis      ( Date: 23-May-2010 01:11) Posted: Ha ha, if one is relek lah, jangan tension, means had cleared most holdings lately, carrying relek. But those still happily hope for d best, thats may not be your wish liao.

 

Ha ha, if one is relek lah, jangan tension, means had cleared most holdings lately, carrying relek. But those still happily hope for d best, thats may not be your wish liao.

 

Wish to post my sorrow here too. But please I don't want any sympathy. At the moment lost an indecent amount in the market plus had savings in Euro currency have to discount 20 % due to unfavourable exchange rate as Euro is badly battered. Trying to seek solace by hoping that market and Euro will turn around. The positive thing is I have more than ample time to hold and nil debts, stable job. The plus thing is I am in the peak of my health surrounded with a loving family and understanding friends. What more can I ask but be grateful for there are less fortunate that I hope that aren't many.

 

peg li,

many ways to play in market.

but i know it is easy say but hard to do.

maybe share buy back later?

Peg_li      ( Date: 22-May-2010 22:52) Posted: Frankly speeking, I don't like to cut loss. but it is very important to learn how to sell in the future. set some rule for myself. anyway, thanks. it is just paper loss, I have stong holding power. I think it will all come back in 6 to 9 month. kellychang      ( Date: 22-May-2010 22:47) Posted: never mind. learnt from experience lo. well, next time must learn how to take profit and also cut loss ( if possible) also Timing is very important. also, rmb, dun chase stock. must be discipline and dun be greedy. ok? dun wish to see u lose money :)

 

Frankly speeking, I don't like to cut loss.

but it is very important to learn how to sell in the future.

set some rule for myself.

anyway, thanks. it is just paper loss, I have stong holding power.

I think it will all come back in 6 to 9 month.

kellychang      ( Date: 22-May-2010 22:47) Posted: never mind. learnt from experience lo. well, next time must learn how to take profit and also cut loss ( if possible) also Timing is very important. also, rmb, dun chase stock. must be discipline and dun be greedy. ok? dun wish to see u lose money :) Peg_li      ( Date: 22-May-2010 22:43) Posted: Maybe too foolish. Maybe too greedy. Earn so much and not sold, until Loss money. Long term investment is valuable? Shit Bafeit theory!