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SGX    Last:15.17    -0.03

SGX

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nickyng
    24-Mar-2008 15:03  
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ideasa,

ehh...u SHORTING any today bo??? hee...think i will SHORT again my favour BLUEs tomor...hee..

btw...did u enter GOLD again? told ya it will drop < $900 rite? hee...so u entering to avg down? hee..

:D
 
 
ViperG
    24-Mar-2008 14:18  
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Alot of resistance...Range bound to 6.6-6.75..Not vested. Instead, shrting Comfort Delgro...oil price increase and reaching intraweek high at 1.68-1.69.
 
 
idesa168
    24-Mar-2008 14:15  
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Yes, profit taking kicks in now...let's see it will rebound after that. Cheers!
 

 
AK_Francis
    24-Mar-2008 13:55  
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Be ware of profit taking in the afternoon, my view. Cheers.
 
 
idesa168
    24-Mar-2008 13:55  
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LONG is to buy low and sell higher later. SHORT is to sell first and buy back later at the lower price. This is in one condition that the mkt moves in favour of you. If it's the other way round, then you lost!
 
 
hming78
    24-Mar-2008 13:45  
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Hi, would like to find out what is the difference between LONG and SHORT?
 

 
idesa168
    24-Mar-2008 13:42  
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LONG another 3 lots @6.70.
 
 
idesa168
    24-Mar-2008 11:34  
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I actually covered my short with extra lots, means I LONG @6.61. Oni 2 lots! Test the water, see how!
 
 
ViperG
    24-Mar-2008 10:48  
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It's abt time this counter shoot up to $7. This stock has been in oversold category for weeks, the only concern for long on this stock is still the PE. PE is still relatively high after all the price adjustment....personal view.
 
 
idesa168
    24-Mar-2008 10:43  
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I have a hunch that today might hit $7.00. Sellers are basically weak today, maybe all hiding and waiting to come out later, I dun know, just guessing.
 

 
idesa168
    24-Mar-2008 10:05  
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If you have no idea, just close eye and trade long term, it's in oversold region...hehehe!!
 
 
cyjjerry85
    24-Mar-2008 09:59  
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yep i agree too...not worth to trade today...not a single bit of idea where the direction will lead to
 
 
idesa168
    24-Mar-2008 09:55  
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I think today cannot short. I covered back liao @6.61, $70 kopi $$ for the day, dare not play today. Mkt siao siao today. Guys watch out.
 
 
idesa168
    24-Mar-2008 09:37  
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Shorted 6.68 x 3 lots
 
 
ViperG
    24-Mar-2008 09:07  
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Aiya...Open 6.6.
Not a nice price to short leh..Sian! No milk powder money to make liao.
 

 
winsontkl
    23-Mar-2008 22:06  
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Ha....ha...win win situation...quite unlikely....but I find it amusing...Cheers.
 
 
idesa168
    23-Mar-2008 21:11  
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I do hope that SGX will open higher tomorrow, $7.00, and close at $6.70. This way, those who LONG the counter on Thursday will make a neat profit of $0.30 while those of us who will short SGX at $7.00 will also make $0.30 too. Both are happy, dun need to fight right!
 
 
ykjuay
    23-Mar-2008 20:34  
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SGX prc will shoot 30cts higher then closed below last fri prc cos spore stkmrkt performance is always that disappointing.....dun expect 2much........buy on weakness n sell on strength

 
 
AK_Francis
    23-Mar-2008 19:43  
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I met one of my friends working in one of the broking houses last night, with few glasses of beer, hope he didn't lure me. Any stock broking house can use force key, with 20 bits higher/lower, but with risk, if your broker key in wrongly. For exp, you ask your broker to short a counter at 7.09 but he keyed in another counter, just closed to it, for only worth much higher than 7.09. Henceforth, use the conventional method to trade is much viable.

Though shorting is the game on Mon, but be vigillant loh, hit and run is the key words again.
 
 
ViperG
    23-Mar-2008 15:50  
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Fundamentals still week. Will short if price is good...i.e. 6.9
 
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