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ChinaGaoxian

Live Firing exercise now underway liao.. Still asking people to buy???

Want buy also not now la.. at least wait for abit more stability ma! =)

masterlim ( Date: 20-Dec-2010 12:43) Posted:

buy on dip ! buy on dip !

load up before you are left out! load up before you are left out!

from cnbc: Analysts were sceptical the North would carry through with its threats. The North will likely respond by holding a live-fire drill on its side of the tensely guarded sea border if the South goes ahead with its exercise, they said.

buy on dip ! buy on dip !

load up before you are left out! load up before you are left out!

11:52:22	0.315	1,037,000	Buy Up
11:50:22	0.315	50,000	Buy Up
11:45:21	0.315	30,000	Buy Up
11:40:33	0.315	10,000	Buy Up
11:39:20	0.310	15,000	Sell Down
11:39:17	0.310	40,000	Sell Down
11:37:52	0.310	20,000	Sell Down
11:36:35	0.310	100,000	Sell Down

Nice buy up at 31.5c someone is certainly accumulating.

Yes , sell down and good support at 31c. good to buy on dip. However, if you have no bullets to hold.. don't bother buying..

Just my 2c worth.

*nearing holiday period..

medivh ( Date: 16-Dec-2010 11:40) Posted:

Just to share my 2c worth, the run up has been pretty good given that this counter rise more than 20% in a week. However the KRX is old news and though there is much speculation of PX higher in KRX and stuff, I see don't see any catalyst for rally to above 35c.

It should be consolidating and price hovering around 32c to 35c this week. *fingers cross
(If more profit taking comes in, v. strong support around 31c.)

Having said all these, it is still a good company, with strong fundamentals + growth + expansion. So as an investor, you can buy in and accumulate for the future. Those who are contra or shorting, no comments for you.

key support of STI, 3120. if today close below 3120, shoulder head formation will complete, and a downtrend will start, definitely not a good start for new year. next support, 3050. hope STI can stay above 3000 this year?

who's buying and who's selling?

hmm... dun need to wait till next week leh. if STI drops further in the afternoon, this counter will suffer the most coz it was leading s-chips rally in the past two weeks and way into overbought region. 12 million shares Q'ing to sell, i'd see how buy on dips can clear this Q.

anyway, if it drops below key support .305, meaning the rally is over. hope ppl took profit last week already if u only in for short run, unless u r willing to be forced to switch to long term shareholders.

Investors will be taking advantage next week of the some of the last remaining trading days of the year to place their bets on what will be the winners of 2011.

AP

One of the defining characteristics of 2010 has been the strong correlation across asset classes. Movements in the dollar or in bonds had just as much impact on equities as more fundamental factors, such as corporate outlooks.

The tight relationships came as investors focused on the same factors—further stimulus from the Federal Reserve, sovereign debt worries in the euro zone and the strength of the economic recovery.

The macro focus has meant investors made the same trades rather than differentiating individual sectors and industries.

"No matter how much work you put in trying to pick winners and losers, the profit available from doing so was way below normal," said Charlie Blood, director of financial markets strategy at Brown Brothers Harriman in New York.

Analysts expect that correlation to ease in the coming year, allowing sectors to see more divergence and affording investors more chances to outperform the market.

"It's structurally just unsustainable to have that kind of (correlation) because it doesn't allow for diversification," said Nicholas Colas, chief market strategist at the ConvergEx Group in New York.

"I do think it has to reverse—it's just not a healthy part of the capital market," he said.

Even as investors reposition themselves, the broad market is likely to drift until year-end with next week shortened by the Christmas holiday. Indeed, Wall Street's fear gauge, the CBOE Volatility index, or VIX, Friday fell to its lowest level since April.

Investors will also take in a round of economic data next week, including the final reading of gross domestic product for the third quarter, new and existing home sales for November and December consumer sentiment.

Too Hot to Handle

Stocks that have been the best performers for the year are already seeing a pullback, suggesting investors are happy to lock in profits as they search for fresh opportunities.

backed by experts in the industrial to buy on dip. pls read for extra information and knowledge.

In 1962, the Soviets moved nuclear missiles towards Cuba, a few hundred kilometers from the U.S. coastline, and the world held its breath at the provocation.

Fast forward 50 years, a similar development is unfolding: North Korea has moved nuclear armed ships within a few kilometres of its Southern neighbor, which some argue it remains still technically at war with (There was no formal peace treaty to the Korean war, just a ceasefire), and within a short distance of its major ally China. The Korean markets started a slide that sent shivers through world markets. Currencies were the first to react, and the most volatile.

But is it an over-reaction? The weekly chart of the Seoul's benchmark Korea Composite Index (KOSPI) suggests the long term uptrend for the market remains intact. The retreat was exacerbated by the face-off between North and South, but, technically, the retreat was not unexpected. All other issues aside, this is significant because the KOSPI tends to lead the behavior of other regional Asian markets. A continuation of an established trend is bullish. A move below the established trend is bearish, and sends a warning signal to other markets to watch for similar change of trend signals.

The KOSPI chart has three main trend signals.

The first is the movement between the trading bands. The burnout above 1,720 was a move to the upper-edge of a long-term trading consolidation band. The upside target was near 1,900. This target level was achieved and exceeded. The pullback in the last week is a return to the 1,900 projection level and is part of the rally-and-retreat retest process that follows a resistance-level breakout.

The second is the uptrend line that defines the breakout from the trading band. This line started in June and uses the lows of July and August as anchor points. The current market retreat is testing the support offered by this extended trend line. This is the normal behavior in a trend, even though the retreat may show greater than normal volatility. The value of the trend line is also the value of the lower edge of the short term Guppy Multiple Moving Average. This shows traders activity, and a dip to this level confirms this is a trading reaction.

The third feature is the long term GMMA which shows investor behavior. This is well separated, suggesting good support for the trend. The selloff last week did not cause compression in this group of averages. This suggests investors come into the market as buyers. The market can fall below the trend line and then use the long term GMMA as a support level. This is a significant retreat, but still within the context of a longer term uptrend.

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