
He is right...
If one likes to play short,
one must short when the market is strongly going up.
Then there will be more meat.
If you short after it has fallen,
there's not much meat left.
rolandchiau ( Date: 18-Nov-2010 09:31) Posted:
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Will You Short?
FearValueGreed ( Date: 17-Nov-2010 13:35) Posted:
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Looks like the stock will only stablize by Dec end.
then can accumulate.
$1.80 is a good bet
CHina May Raise Interest Rate this Friday:
Analysts "BEIJING (Reuters) - The tendency of China's central bank to raise interest rates around the 20th day of the month makes this Friday a "sensitive window" for a rate rise, an official newspaper said on Wednesday, citing unnamed analysts"
http://abcnews.go.com/Business/wireStory?id=12166785
Find the source of problems..it more useful than a wild guess on price may react... Chart is still chart...
Market is still the major leading force.. People go get some sleep! I observe that many ppl are here since last night ... If you still have opening position/contra which needs to be close soon , ... (I also have)...LL lor...try to cut loss
Chances are still always out there! Wait for the markets stabilise,then come back for more.
All these are just a phase. Get some good rest & eat more!
MAS widens S$ band: Source
SINGAPORE
This compares with the 2 to 2.5 per cent range that the MAS had allowed before targeting a stronger Singapore dollar in a monetary tightening policy on Oct 14, the source told
“The new bandwidth means the MAS will tolerate a stronger local dollar,” the person said.
#### strOng S$ wIll attract hOt mOney intO sIngapOre Investments leadIng tO hIgh dOmestIc InflatIOn ####
The source, who declined to be named, did not specify how far the MAS would now allow the US dollar to fall before intervening to curb the Singapore dollar’s strength.
The MAS uses the exchange rate, rather than interest rates, as its main monetary policy tool because foreign trade dwarfs the island’s small domestic economy.
In last month’s semi-annual policy review, the central bank said it was “slightly” widening the band and steepening its slope against a trade-weighted basket of currencies.
The central bank cited “volatility across international financial markets” as a reason for the policy change, which allows the local dollar to strengthen more against the US currency.
The MAS had tightened its policy at its previous meeting in April, when it targeted a “modest and gradual appreciation” for the currency, changing its previous policy of zero appreciation.
The US dollar has been sliding against Asian currencies this year as the region’s strong economic recovery has attracted heavy investment and as loose US monetary policy has prompted investors to seek higher yields in emerging markets.
A number of Asian central banks, including the MAS, have intervened in the currency market this year but the US Federal Reserve’s decision this month to buy US$600 billion ($779 billion) in Treasuries to bolster the US economy has forced Asia to accept further US dollar weakness.
“The MAS believes interventions should only be used in highly disorderly movements,” the source said.
“Otherwise they don’t work because you can’t fight the market. Export-dependent Asian countries must learn to live with stronger currencies.” Move to mean that central bank will tolerate stronger local currency

Was taking note from this...ketrade.com.sg (teeth53 thot sharing with... forumers)
16-11-2010 19:57:08 SE Asia Stocks-Mostly down on Euro, capital controls concerns
* Thailand, Singapore hit two-week lows
* Foreign investors sell off amid capital control talks
* Euro zone crisis, China rates talk hits sentiment
* Indonesia, Malaysia buck trend
By Shihar Aneez
COLOMBO, Nov 16 (Reuters) - Most Southeast Asian stock markets fell on Tuesday on slow global recovery concerns,
a possible rate hike for China and speculation over the imposition of capital controls to tame the rise of the region's currencies.
Thailand and Singapore fell 2.8 percent and 0.8 percent respectively, with both hitting two-week lows.
Vietnam, the region's worst performer, hit a new 2-? month low, closing 1.5 percent weaker.
"The worries that China may increase its interest rate and possible capital control measures hit the regional markets overall,"
said Rakpong Chaisuparakul, a market strategist at Bangkok-based KGI Securities.
"Also, Euro zone debt crisis and conflict between economists and politicians on the viability of QE2 have contributed as negative
factors from the global side." Euro zone finance ministers will try to find a way to end Ireland's debt crisis on Tuesday, with Dublin
resisting pressure to seek a state bailout by signalling that only its banks may need help.Indonesia and Malaysia bucked the trend with
gains of 0.5 percent and 0.1 percent respectively. Manila was closed for a holiday. Optimism in the region's emerging markets
evaporated amid speculation over capital control to prevent sharp rises in currencies of the respective countries in the region.
On Tuesday, the Bank of Thailand said it is considering stronger capital controls but was weighing them carefully to avoid longer-term
damage. Indonesia on Monday said it has been studying the possibility of taxing capital inflows. Foreign investors have been mostly
on the selling side on the region's bourses. Jakarta saw a $95 million outflow in the past four straight session including $13.2 million
on Tuesday. The Philippines saw a $33.3 million outflow in the last six sessions. Thailand suffered a $202.7 million foreign outflow in
the last five successive sessions, including $23.3 million on Tuesday, Reuters data showed. Analysts said investors are also worried
high valuations, which prompted some prominent shareholders to cash out more than $1.9bn from Asia's equity markets last week.
Indonesia is trading at a 15.3 forward price-to-earnings ratio, below all-Asia's 13.5 and expensive than Thailand's 12.4.
The Philippines is trading at 13.4, while Singapore and Malaysia are trading at 14.0, Thomson Reuters StarMine data showed.
squeeze ? (no - 4day this week with a break on Wed - Holiday mode ) oversold region reached ? (for investment - not yet, punting/speculation - ok).
While information is always distinctively late and trading always coming in fast and ferocious at the fore. Forming very own decision wisely is as difficult as finding a pin in the ocean. (To each it own, hope U chose d right choice...Happy trading..Ya.)
The starting at low px is over (started last Friday with a element of some surprise), if not opening at buyer px - force buyers to take margin (narrow trading band) and go on profit taking (I mean BBs taking profit) and thus allowing smaller players to buy at higher px and await to sell higher high, for 2 cent gain - Co's small boy bot small volume. BBs can take profit even at half a cent.
teeth53 - just giving my personnal opinion, as there r as many others may have alot to differentiate it as well.
Genting SP | 2.090 | 2.100 | +0.01c | +0.5% | Vol-157,798,000 | 6,699,000 | 2.090 | 2.100 | 589,000 | 2.140 | 2.080 |
Time | Last | Volume | Bid/Ask |
17:05:02 | 2.100 | 907,000 | B |
17:05:02 | 2.100 | 1,642,000 | A |
16:59:57 | 2.100 | 8,000 | B |
2.080 | 29 | 4,945,000 | 3,232,000 | 0 | 1,713,000 |
2.090 | 204 | 13,738,000 | 9,360,000 | 0 | 4,378,000 |
2.100 | 1,327 | 87,456,000 | 49,754,000 | 0 | 37,702,000 |
2.110 | 619 | 25,998,000 | 7,891,000 | 0 | 18,107,000 |
2.120 | 96 | 18,195,000 | 5,838,000 | 0 | 12,357,000 |
2.130 | 66 | 5,628,000 | 1,604,000 | 0 | 4,024,000 |
2.140 | 21 | 136,000 | 0 | 0 | 136,000 |
pharoah88 ( Date: 16-Nov-2010 17:30) Posted:
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Tuesday: 16 11 2010 CLOSING
teeth53 ( Date: 15-Nov-2010 21:04) Posted:
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17:05:02 | 2.100 | 1,642 | S |
but short can be how long,,,,,, when the counter is oversold....... buy back in the near future !!!!!!
niuyear ( Date: 16-Nov-2010 16:57) Posted:
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Tuesday: 16 11 2010 CLOSING
prIce maIntenance DAY
Stock | Code | i | Rmk | Ccy | Last | $Chng | %Chng | Vol | Buy Vol | Buy | Sell | Sell Vol | Open | Previous | Day Hi | Day Lo | Ind | Sector | Mkt | Off Code | Feed Code | COC BB | COC LD | COC BS | |
Genting SP | G13 | i | -- | SGD | 2.100 |
![]() ![]() |
+0.010 | +0.5 | 157,798,000 | 6,699,000 | 2.090 | 2.100 | 589,000 | 2.090 | 2.090 | 2.140 | 2.080 | M | -- | SGX | G13 | GENS.SI | -- | -- | -- |
BanJoo^ | B07 | i | -- | SGD | 0.050 |
![]() ![]() |
+0.005 | +11.1 | 79,343,000 | 150,786,000 | 0.045 | 0.050 | 26,121,000 | 0.045 | 0.045 | 0.050 | 0.045 | C | -- | SGX | B07 | BJCL.SI | -- | -- | -- |
GoldenAgr | E5H | i | -- | SGD | 0.730 |
![]() ![]() |
+0.010 | +1.4 | 52,080,000 | 2,630,000 | 0.725 | 0.730 | 768,000 | 0.720 | 0.720 | 0.740 | 0.720 | M | -- | SGX | E5H | GAGR.SI | -- | -- | -- |
Centillion | C49 | i | -- | SGD | 0.005 |
![]() ![]() |
0.000 | 0.0 | 47,510,000 | 44,318,000 | 0.005 | 0.010 | 127,141,000 | 0.005 | 0.005 | 0.005 | 0.005 | C,M | -- | SGX | C49 | CNER.SI | -- | -- | -- |
SingTel | Z74 | i | -- | SGD | 3.160 |
![]() ![]() |
-0.100 | -3.1 | 34,968,000 | 1,421,000 | 3.150 | 3.160 | 88,000 | 3.250 | 3.260 | 3.250 | 3.150 | M | -- | SGX | Z74 | STEL.SI | -- | -- | -- |
e Genting HK US$ | S21 | i | -- | USD | 0.465 |
![]() ![]() |
-0.005 | -1.1 | 33,382,000 | 3,386,000 | 0.465 | 0.470 | 448,000 | 0.470 | 0.470 | 0.480 | 0.460 | M |
Tuesday: 16 11 2010 CLOSING
Genting SP (G13) |
|||||
Day Hi | 2.140 | Last | 2.100 | Vol | 157,798,000 |
Day Lo | 2.080 | $Chng | +0.010 |
UnUsUal CLOSING
Time | Buy Q | Buy | TVol | Price | Other | Sell | Sell Q |
-- | -- | -- | -- | -- | -- | -- | -- |
17:05:03 | -- | -- | 907000 | 2.100 | B | -- | -- |
17:05:03 | -- | -- | 1642000 | 2.100 | S | -- | -- |
17:05:04 | -- | -- | -- | -- | -- | 2.100 | 589,000 |
17:05:04 | -- | -- | -- | -- | -- | 2.110 | 3,425,000 |
17:05:04 | -- | -- | -- | -- | -- | 2.100 | 1,066,000 |
17:05:04 | -- | -- | -- | -- | -- | 2.090 | 320,000 |
17:05:04 | -- | -- | -- | -- | -- | 2.080 | 200,000 |
17:05:04 | -- | -- | -- | -- | -- | 2.070 | 74,000 |
17:05:04 | -- | -- | -- | -- | -- | 2.060 | 100,000 |
17:05:04 | -- | -- | -- | -- | -- | 2.050 | 10,000 |
17:05:04 | -- | -- | -- | -- | -- | 2.040 | 86,000 |
17:05:04 | -- | -- | -- | -- | -- | 2.030 | 5,000 |
17:05:04 | -- | -- | -- | -- | -- | 2.020 | 21,000 |
17:05:04 | -- | -- | -- | -- | -- | 2.010 | 10,000 |
17:05:04 | -- | -- | -- | -- | -- | 2.000 | 482,000 |
17:05:04 | -- | -- | -- | -- | -- | 1.990 | 28,000 |
17:05:04 | -- | -- | -- | -- | -- | 1.800 | 500,000 |
17:05:04 | 6,699,000 | 2.090 | -- | -- | -- | -- | -- |
17:05:04 | 907,000 | 2.100 | -- | -- | -- | -- | -- |
17:05:04 | 393,000 | 2.110 | -- | -- | -- | -- | -- |
Page : 1 | First | Prev |
Tuesday: 16 11 2010 CLOSING
This is an UnUsUal CLOSING
Time | Price | Trade Size | Bid-Ask |
16:58:44 | 2.100 | 1,000 | Sold To Buyer |
17:05:03 | 2.100 | 907,000 | Sold To Buyer |
17:05:03 | 2.100 | 1,642,000 | Bought From Seller |
16:59:57 | 2.100 | 8,000 | Sold To Buyer |
pharoah88 ( Date: 16-Nov-2010 16:53) Posted:
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epliew ( Date: 16-Nov-2010 13:50) Posted:
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16:50:38 | 2.100 | 1,000,000 | Bought From Seller |
16:49:40 | 2.100 | 1,000,000 | Bought From Seller |
16:49:38 | 2.090 | 1,000 | Sold To Buyer |
16:49:31 | 2.100 | 1,041,000 | Sold To Buyer |
16:49:22 | 2.100 | 1,000,000 | Sold To Buyer |
pharoah88 ( Date: 16-Nov-2010 16:39) Posted:
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