
lol. smart boy. MAY, i repeat, MAY have bottomed out for now. Long term still undecided but shows signs of ending (unless US decides to tank further and further). but am starting finally to see large lots being consistently bought (BB action).
large lots bought up to 9.52, so you're 'safe' to that px. pls follow trend and run tho. rem that all targets i say are fluid. g'luck!
actually, idesa, i wouldn't choose to play warrants now since too volatile. i'm just being good, sitting out and hunting the ones on my buy list. no fixed px: entirely depends on trend. long term trend.
Yo.. i m in at 9.26 again.. since it broke the 9.25 resistance.. hope tat afternoon cheong like yesterday.. kind of regret yesterday let go too fast..
Cheers..
elf, good choice. Better play PUT warrant this period.
eep! ok, live chickens! 479 lots thrown at 1053 am.
abort play, abort play! siam ah!
see idesa, this is why i'd rather play long term for now. safer. live chicken, not dead tiger! haha.
(-_-")...
long doesn't mean you enter like, now. it means you WAIT first....discipline...only at strike prices you enter, and SLOW.
eg, ocbc first strike is 7.5. perhaps 1/3 your funds only.
it's not hoping for a rebound, i'm talking long term, as in 3-5 years down the road, collect divvie along the way. if you trade, it's at least 3 mths to a buy/sell.
(-_-")....i perceive i'm speaking to a wrong audience. lol.
elfie ain't touching anything now with a ten foot pole man. except hunting ke and gold. hehe.
haha.. remove de button.. then my official work.. i die..
no lah.. itch hand quite fun too..
k.. elf.. take note.. "READY TO STRIKE"...
sigh. recalcitrants!
if you can't beat them, join them. haha. i won't be playing this myself (since i gotta take care of my shareholders too): but eh huatah, if you're thinking fast intraday scalp, then
the signal to enter SGX is NOW. 9.22 strike.
9.25 first resistance. if it can break that, your upside goes much higher (can't see yet). will tell when to run.
let's play. hehe.
Why LONG when we all know well that DOW is currently into BEAR? If buying now and hopping for a rebound, it will be short live. Dun go against the trend. $$ in the bank with little and pathetic interest is better than seeing your hard earn $$ eroding seconds by seconds....Huatah, if you have itchy fingers, no one can stop you, but if you are like me, remove the "ENTER" button on my keyboard might help...lol!
i am the "victim" too...waiting to fall below $9.....and cheong!
lol. yea idesa, relax lah. elf doesn't get mad that easily. i know a joke when i see one. haha.

dow, strictly speaking, has entered a bear market. it began the year 2007 on 12,200. so the signal to run was 12,400. 12,200 indicates the beginning of a bear market (a bear market is when the market gives up all its gains of the previous years).
i do think tho that there MAY be a rebound soon, for some counters. am starting to see large lots bottom fishing. select counters well. unfortunately not this baby tho.
go long term. that's the way to survive in this market. and while we're at it, consider some of hte high div yields. this kind of market is the best chance to build up a solid portfolio for years to come. go slow and think long term. really.
ideasa and elf.. my itch hand goin to take position if today hit below 9.. haha.. bearish sign still there.. but goin to ride on the volatile market with in/out mentality...
l like de way we say... family affair.. lol.. cos me veri family oriented.. yeah..
Elf, just a joke, dun get mad...lol! Actually I am full of envy for you holding some gold. I was in a dilema 6 mths back about gold. Decided not to go into it as I don't have much of study into it. Yes, I am light now, ALL CASH, not holding any position at the current moment. WIll not be hunting though, but watching the mkt unfold the ugly scene of Sub Prime "residue"....I dun think it's over yet and the mkt HAS NOT tank yet. Cheers!
lol. man, i'm gone for a day and this thread seems to have become like a family affair. lol.
asterisk, thanks very much, sunshine! :)
huatah--eh. dead fish seems to be still flopping about leh. :P recalcitrant gambler! altho, as long as you have fun, and know that money isn't everything, that's the key thing. :)))
idesa, sigh. typical male. give them an inch, they want a yard. *tsk* :P gold is retracing nicely to the levels i called (see the gold thread 'is gold a good buy')--but wait for RSI 45-50. currently 58. strike first at RSI 50. Go slow, and DCA. THe deeper the retracement, the better it'll be, cos then it means 1,000 per troy ounce is likely. You're in the best position, all cash. So take time to hunt, and hunt well. elfie's certainly on the hunt too. hehe.
kim eng's divvie last year was 17c in all. at current px 1.82, that's ~9% ROI. but hold off first. FA is sweet: PAT increased 95%, EPS increased 105%--and good market or crash market, they aren't gonna go down since ppl need to sell anw--NAV is 1.52 (so that's the lowest support).
but yep. hold off buying first: what appears cheap today may very well be expensive tomorrow. and in this kind of market, you either play very short term (intraday), or long term. elf is going for the latter, since i can't monitor everyday.
cheers! fyi only ah.
Listen to singaporegal, her remarks allow me to escape the on slaughter recently...
Cheers!
ya, SGX is based on market trend, the best is not over yet. RSI will drop below 10%
I agreed that SGX is based much on the market trend, not on it P&L.... SGX should drop further as STI should drop below 3000 pts soon... I believe today is not the beginning of the bargain-hunting... But I should say margin call will result more selling force...BEWARE..
Remain cautious on this counter. TA charts still look bearish.
UOB rebounded 0.86...
THOSE WITH ITCHY FINGERS THIS AFTERNOON WILL BE LAUGHING TO THE BANK....lol