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Market is dead. Period.
I don't think there is any upside for the time being. The market is really bad right now.
IMHO, this is even worse than 9-11.
TA expert, reversal trends??? Anymore upsied???
| SINGAPORE EXCHANGE LIMITED | DIVIDEND : SGD 0.03 INTERIM ONE-TIER TAX | 30 Jan 2008 | 01 Feb 2008 | 18 Feb 2008 |
The amount is a quite disappointing.
From August to October 2007, the price more than doubled within 2 months (8.70 rise to16.70).
At 16.79, many had thought it was cheap, because of the August rally...
This counter is not worth $10 I think... Market interest is waning and volumes this year will be much lower than in 2007. So their revenues for this year will be affected.
When QDII fund vest in SGX...........wowowowow sure fly
More to come
lol.. quah.. abit abit.. hope to batch my enormous damages mah.. tis counter band is huge.. thus try my luck.. so far so good.. tat day almost ganna burn.. but escape without injuries..
tis counter so far can play intraday... for me.. but will come a time need to exit and head on to other counters.. cheers..
as long as tis is below 10.. i tink ok lah.. abv 10.. scary leh.. drop by 0.02 leh.. heehee
Huatah...
You've already 'huatted' a bit la haha so just enjoy the profit.
I sure hope no-one chased it at 10.70 earlier though. The swing was so massive.
took position at 9.81.. but sold too fast.. heehee.. 9.99 clear lah.. haiz... seeing it hit 10.7 really sour inside.. haha..
those research houses advocated a sell on SGX..look what happened to it..
SGX is a middle man...u buy, sell, dump,panic sell, herd instinct buy ..SGX make money..
where got middle man lose money..nonsense...
$8 i grabbed.. $9 i also grabbed..this baby is gonna rock..
QDII fund...more $$ for SGX.. let em roll..
Anyone dare shot this guy today. Now plu $1.15
Nice rebound....but can it hold???
yo.. took another position at 8.80 and exit 9.16... since i heard elf askin me to Huat Ahhhhhhhhhhhhhhhhhh....
hehe.. buy on 1 lot all this while.. just for the kick of it.. and aso...after knowing elf drink like a fish.. hahaha... : ) need to accumulate ammunition.
Cheers..
hahahaha, smart boy. i just dropped in to tell you:
"eh huatah, now that you've huat ahhhh, it's time to siam ahhhh!"
:P
pity you missed the 9.3, but a profit is a profit. don't look back now.
lucky bug! cheers!
btw, eh, i think you owe me a drink man. hahahahah. ok back to work!
wat a close one.. sold at 9.07 today.. didn't manage to come in on time for 9.3 heehee..
lucky me.. is BED... tat i had made..
oh... was away almost the whole day.. saw de rebounce.. and hear elf calling me.. . heeheee..
Cheong............ahhhhhhhhhhhhhhhhhhhhh
so i can convert coffin to bed liao.. cheers..
Rate cut by Fed will set the pace for nice rebound....drop too much....
Rebound will sit in.. Really depend on the DJ tonight... After so many news to soften the market, it should regain its losses.
yoz alligator, the tech support for F&N is ~4.38. don't know what's below that.
long term still looks down, but may have quite a sharp rally soon (likely tmrw: candlesticks show resistance of downtrend), since it fell steeply past two days. in which case, if it can break 4.8, it can run to at least 5.2.
note above figures are for shortterm only (think end of this week or even shorter).
longterm, i would actually choose to go in slowly by averaging, with more lots entering if it can clear 5.2 on increasing vol, since that'd mean upside to at least 5.9.
if you're talking about a one-strike scenario (aka, just whack in): mathematically, risk/reward per dollar invested: if you get it 4.65 to 5.2, the upside gained is 55c, while the risk is a drop to 4.38 (you cannot put an earlier stop loss since 4.38 is the range support). hence reward/risk ratio is 2:1. not bad in this market actually.
but the more 'confirmed' ride from 5.2 to 5.9 would be 70c potential gain. downside would be limited as the support is 5.2 itself, hence for me i'd set the stop loss at 5.1 (just out of range). so reward/risk ratio becomes 7:1.
that'd be how i'd set up for F&N.
fyi only ah....loss/gain is your responsibility. i'm just shooting my mouth off. heehee.
*risk/reward ratio: ie, for every dollar i risk, what do i stand to gain? i personally like to take odds only of 2.5 and above.