
true ah, why dont i just buy it if i am convinced it will not return?
but my plan is that assuming that the QE2 will push it up further and not a bad news to shoot it down. can you imagine if QE2 bad news, and with goldenagri already factoring it in.
the price will plummet, and i dont want take such a risk. if at .655-6.7 i dont mind taking the risk, as it has been supported at that level for some time. but at .695, .7, there is a good chance if bad news it will fall back to .655 and if cannot support, it will fall down further, though that is unlikely.
in this case, it will be what BT do, buy above resistance. and not below the resistance.
eastcivic ( Date: 03-Nov-2010 10:07) Posted:
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You guys saw the uptrend stoppage force? Clear only next sec, throw in again so quick that some retailer will stay sideline instead of chasing.....
hmm what does that mean???? haha make your guess
Icymilo ( Date: 03-Nov-2010 10:42) Posted:
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10:16:54 2.230 3,010 B
genting Sp - retail investor - updates....... please look at BB transactions.....
when they sell at certain prices...... it will determine your profit or loss.....
be careful..... they sold 3,000 units
watermelon ( Date: 03-Nov-2010 10:45) Posted: |
Icymilo ( Date: 03-Nov-2010 10:42) Posted:
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firewood ( Date: 03-Nov-2010 10:28) Posted:
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firewood ( Date: 03-Nov-2010 10:38) Posted:
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Haha, wanted to tell him that too, I was tempted to enter yesterdat at 0.685 too but also no guts :(
icetomato ( Date: 03-Nov-2010 10:34) Posted:
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bladez... goldenagr touched your point of no return liao.
bladez, there are also many commodities & shipping counters to invest/ trade in ie. noble, olam, wilmar,golden agri but none are at the short term lows anymore (which was late last wk) in this bullish environment. imo with investors speculating on upcoming third qtr results these 2 wks and taking positions to hedge against usd index closing in on 75 depending on the size of qe2, perhaps u can look at whether there's more upside or downside.
In reality unless one is very clear headed, taking a 100% technical charting perspective, its truly difficult to take long positions at all time lows when world news all around are negative. not to mention coping with nerves, emo fears.
eastcivic ( Date: 03-Nov-2010 10:07) Posted:
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firewood ( Date: 03-Nov-2010 10:24) Posted:
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Wow! Tug of war...

icetomato ( Date: 03-Nov-2010 10:19) Posted:
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Based On sIngapOre ecOnOmy's
MAGIC INFLATED PRICES MODEL
SAME rIsIng prIces NEVER CHANGE Year after Year
SAME reserve land prIces rIsIng
SAME prOperty prIces rIsIng
SAME retaIl prIces rIsIng
SAME transpOrt prIces rIsIng
SAME labOUr prIces rIsIng
SAME servIce prIces rIsIng
ALL prIces mUst be rIsIng
jUst cOllect GENTING SP shares and hOld
SAME share prIces rIsIng
there Is nO chOIce
becaUse thIs Is sIngapOre ecOnOmy's
MAGIC INFLATED PRICES MODEL
[becaUse InflatIOn IndIces are always lOw and lOw and lOw]
firewood ( Date: 03-Nov-2010 10:15) Posted:
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bladez87 ( Date: 03-Nov-2010 10:01) Posted:
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