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Fellowship of the Shares

Victorian

U have a bet on with Chinkiasu on SPC---like 6 months later the SPC will be $4.70?

Do u want to bet with me?Like the same conditions as with Chinkiasu?

But this time we raise the stake----how about a S$1000 10 course dinner?

 

jerome, singaporegal uses RSI, williams, a/d, c/o and bollies.


and yes chinkiasu, when it comes to techs, there are always parameters to fulfil. that's why you need to be very careful what you choose to specialise in. either use method and select stocks that respond to those methods, or stock first, then select method that responses to stock.

You can't do it both ways. likely to go wrong.  

not exactly exceptional cases; but you need to take the entire picture, and not just a few days indication by one indicator---liable to be too myopic then. need sufficient distance to see pic clearly.  

 

thanks singaporegal... looks to me AD & OC comes with many conditions... and only useful in exceptional cases....

 

haha, chinkiasu, you're lucky that vic spoke up. if that dang bro of mine didn't ruin my deal, i'd take eastonbay's 0.955. 

haha.


 

 

dear elfin, you are as usual, very da fang..  ( i think you are a LEO..) and btw, no need to seek Geojam, we are buddies and we will put him in a  very difficult position

agree to both

a) this friday May 18 close: 0.94. Below that i take. Above, you win.

b) next friday May 25 close: 0.98.

stakes are as per auntie bunnie's suggestion....and  for sake quick decision go for option a)

many thanks Vic for the arbitration... (I somehow always give in to gals... and get bullied..)

 

reposting...somehow or other got muddled up. ignore earlier post pls. as follows:


an either or choice for the two gentlemen here. keke. either this friday's close, or next friday's close. and i called a range earlier, but realised to make things simpler and mutually exclusive, we need to set one price.

so eastonbay, very nice of you to offer 0.955, but cannot lah. That will not be fair to you. The lowest today was already 0.95. I won't take unfair deals. (if not for vic, actually, i'd prob just take you on. heehee.)

a) this friday May 18 close: 0.94. Below that i take. Above, you win.

b) next friday May 25 close: 0.98.

Any takers? or counter offer. i'll consider.

oh, and as per vic's deal with cks on SPC: if anything big shakes the entire market (eg, entire SGX downs), then the bet's off.

fair enough to all?

gege... no objections right?

PS: pls note i'll be out of the country next week; so will likely not be able to check in on the deal that frequently.

 

okok, at the behest of my dearest bro victorian, elf will be nice.

an either or choice for the two gentlemen here. keke. either this friday's close, or next friday's close. and i called a range earlier, but realised to make things simpler and mutually exclusive, we need to set one price.

so eastonbay, very nice of you to offer 0.955, but cannot lah. That will not be fair to you. The lowest today was already 0.95. I won't take unfair deals.

Any takers? or counter offer. i'll consider.

oh, and as per vic's deal with cks on SPC: if anything big shakes the entire market (eg, entire SGX downs), then the bet's off.

fair enough to all?

gege... no objections right?

PS: pls note i'll be out of the country next week; so will likely not be able to check in on the deal that frequently.

unfair deals. (if not for vic, actually, i'd prob just take you on. heehee.)

a) this friday May 18 close: 0.94. Below that i take. Above, you win.

b) next friday May 25 close: 0.98.

 

Thanks Singaporegal, generally what kind of indicators you prefer? Some prefer RSI, MACD & stochastics combination, while others user bollinger bands. Or you use a variety of indicators?

 

singaporegal & elfinchilde : xie xie ni .

in the same vein : If the price cuts the upper bollinger band, there's a higher probability that it will continue uptrending  ?

 

Hi baseerahmed,

If the price cuts the lower bollinger band, there's a higher probability that it will continue downtrending. TA is all about probabilities.

 

Hi j3r0m3,

I like large volume counters because of these factors -

(1) Generally less volatile so TA more accurate


(2) Easier to get in and out off

My rule of thumb of a stock that has good volumes is one that consistently clocks more than 1 million shares per day.




 

 

Hi SingaporeGal, does it mean that TA can only be applied to counters with large volume? What kind of figures for volume are we looking at then? as for the side bet between elf and cks/eastonbay, it seems like an interesting and yet educational way to learn about TA.

 

eeee....concur with singaporegal. UTAC is going down. baseerahmed, don't just take a/d for a couple of days; look and see it since ~18th april.

and gege. *giggle* i can't help it if they offer themselves what. *stifled laughter* rogue! you joining in or not? singaporegal? c'mon....let's play!! keke. singaporegal no need stakes; she's a techie, i'm pretty sure she'll be on my side. just that she'll likely not call a range. keke.

but don't worry, i'll be nice. my dear (or shd that be dang haha) bunnie made the stakes for me; i was actually gonna go for a hp 'upgrade'. haha.

 

 

thank you very much singaporegal

just to confirm my understanding of bollinger band:

if the price cuts the band ,upper or lower,  even by a little bit, it means that the price will continue in the same direction . Is this correct ?

RSI and W% are also trending down , therefore has lost momentum : is this correct ?

therefore it is bearish .

 

Hi baseerahmed,

UTAC looks bearish to me. The Acc/Dist is actually downtrending and its still too early to say that Chaikin is uptrending. Price has cut below the lower bollinger band and that's not a good sign either.

 

just a very simple quickie on TA :

acc/dist :  looks flat

chaikin oscillator : trending up

what does this indicate ?

(see chart UTAC )

thanks

 

Hi chinkiasu,

About Robinson.... its volumes are really low... TA will not be accurate on it. So I'm not surprised you didn't go very far applying TA on this counter.
 

 

keke, rogue, you ain't a rogue if you're not tempted by this side bet. keke. besides, thought you'd like a chance to practice your TA. and hey, you're supposed to be on my side! meh.

eastonbay and cks: in order to be fair to all: i'll let you guys choose the time frame? so either end this week, or end next week.

meanwhile, we'll kiv the price range to call til tonight? so everyone has a chance to make proper decisions based on facts.

set?

keke.

 

ok done...!!! I have bought at 0.96 anyway.. and certainly, auntie bunnie & elf.. you are on...... !!  sorry folks goto friends ... tiger time,  waiting for me to celebrate my return... heavy drinking tonight... missed my tiger.. will post later tonight..  we firm up then...

 

yo elfin, my pretty siao lian fren, you looking for me auh? Why? Wanna bet with me on the Gems issues issit, keke...

 

cks: oh i see, had thought your next week meant mon. but nah, bets must be fair. tell ya what, you choose the time frame, i'll call my range? ie, if you want end next week >$1, also can, but give me time to call a new range then, since SJ data doesn't come out til 8 pm or so? if the range i call is same as yours, then we're same side so bets off. keke. fair deal?

 and aiyah, today def cannot close below 0.9 lah. just look at the buy support at 0.96 you know alr.

zhirong thann, sti down is normal lah. entire region down. plus aft yesterday chiong up, needs to breathe what. vols are at least more normal.