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SGX

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Eldarchen
    13-Mar-2008 08:21  
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Hi Guys,

Time to short today? BNP downgraded SGX to 5.70 today wahahh, jia lat liao, got lao sai bo later?
 
 
Ucrano
    13-Mar-2008 07:27  
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Patience la bro. The 2 dollars was not thrown into the stock market for the stock market. It was injected into the system for the financial system to take effect. After taking medicine from the doctor also won't make you recover immediately.
 
 
jasonrxz
    13-Mar-2008 07:08  
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Well..... It's reallly sad to see that the 200 billions pumped in to stocks market DOW jONE was only able to surge for one single night and tat's it..... think really can't sustain... will throw all stocks on hand today...... sian....

 

good luck to all Bros who still want to hold their stocks for coming days................ i am off loading for better pricing.... cheers SGX all the way....

 

Smiley
 

 
idesa168
    12-Mar-2008 23:27  
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lol...Elf, sound like you are making me a bad guy here!

Infact I fancy a spike up tomorrow morning for people to exit. Then I short it down to today's closing price, I got my buddy Nicky to back me up with his shortist army. Then my curse will start on Friday 9.00am sharp to drop like a stone. I hope my curse will switch the digit from today's close of 7.40 to 4.70...lol!

Look at it this way, SGX dropped to 6.60 and climb to 7.60 in two half days (yesterday afternoon, 6.60 and this morning gap up, 7.60). This is a whopping 15% jump in 4 hours. No stock can climb in this manner without any valid reason just becos DOW was up the previous day. Correction is eminent. How deep the correction no one knows. If any of you have faith in SGX, I suggest to wait a while more. But I may be wrong that SGX may surge tomorrow and never look back. But I think the latter scenario chance is slim.
 
 
elfinchilde
    12-Mar-2008 22:48  
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lol. congrats scotty. just in time for idesa to put his hex on the counter. :P
 
 
scotty
    12-Mar-2008 22:33  
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I managed to sell out my shares today! I still lost money overall... but I figure it is better to get out before the market turns down again.
 

 
jasonrxz
    12-Mar-2008 22:28  
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To all brothers......

                             Just a note here to let u know that the strong buy up this afternoon session may just spike the price up by at least a good 6cts even if D.J close slightly lower at -40 to 60pts later. Hope u guys can take note that it should be on it's way to recovery road after been battered till this stage.

 

 

cheersSmiley

 

 
 
 
yes888
    12-Mar-2008 21:43  
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there pretty lot of chances ard, not short of this one , me open eye big big n see...Smiley
 
 
viruz7667
    12-Mar-2008 21:10  
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lol....*sing* i will not follow u, as i kena naked b4....until i really got to naked walk on street soon!
 
 
idesa168
    12-Mar-2008 20:49  
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lol...7667, dun follow me! Wait kena naked short like me, then you cannot sleep...lol! Cannot be certain one lah when shorting. All depends on the mkt the very day. Have to depend on a few indices and mkt sentiment. I think the best person is to ask Nicky our shorting celebrity here!

I see tomorrow SGX got chance to short. Lets see how lah!
 

 
viruz7667
    12-Mar-2008 20:37  
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Idesa168!!!!2moro short si mi counter....share share....short together.....kopi $ ho seh liao!
 
 
cyjjerry85
    12-Mar-2008 18:50  
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kinda hard to predict the market movement still leh...with the Federal cuts likely next week (dunno below or will be as expectations)...
 
 
idesa168
    12-Mar-2008 17:45  
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OI am on leave tomorrow and Friday. Will short again if oppotunity comes...hehehe! But then I have no luck on this counter leh!
 
 
AK_Francis
    12-Mar-2008 17:38  
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I think there is no more very bad news fr US, as Eu this afternoon open market was up. Henceforth, I guess there will be marginal gain in DJ tonite, say 50-100 max. If Fed anticipated that there will be bad anouncement on both consumer index and sales performance on both coming Thu and Fri nite, then Fed may carry forward the rate cut to provide damper to the bad announcement. Hope so lah. Anyway, jangan tension, relax lah.
 
 
idesa168
    12-Mar-2008 16:52  
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Tonight DOW sure drop one. Profit taking will kick in. I am expecting a drop of at least 100 points.
 

 
idesa168
    12-Mar-2008 16:45  
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lol...thank you all the brothers here. I thought I can recoup my loss from last evening's mistake. Wah, it went down to 7.36 and I thought, it's my day liao!...sigh! Yes, bough back my 5 lots at 7.40, made only $300+ after brokerage. I got no luck with this burger lah. Shall not touch this for the time being. Nick, no risk no gain lah.
 
 
nickyng
    12-Mar-2008 16:44  
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ya lah...SGX initially gd to short...until $7++ level i wash my hand liao...hee..now eyeing CITYDEV,ROBINSON, Bankings !!! hee...

loooks like ideas might hv to naked SHORT liao....14mins to mkt close...
 
 
jasonrxz
    12-Mar-2008 16:28  
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Wow... Bro nicky.... even u need to salute him huh???

U are not in this counter to short? I thought u are the mastermind behind the scene from 7.67 to 7.34???? hahahaha.. let hope Bro ideasa cover his position and trytnot to naked short ....

 

Any shorting counter to recommend??? hee

 

Smiley
 
 
nickyng
    12-Mar-2008 16:21  
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ideasa,

wow...i salute u !! hee...u dare to SHORT this SGX...this is highly volatile compares to burgers like KEPCORP and CITYDEV siah ! :P

say...nake short today or wat ?!?! :P take note..US Fed meeting is on 18th next wk.....might be surprises..so trade with EYES open wide :D
 
 
viruz7667
    12-Mar-2008 16:13  
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idesa168, buy back oredi a not? make sure today u check !!!!! dun another naked ones....Smiley
 
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