SPC   

SPC

shorting or contra-play on bank/s is highly risky but if u made $$$ 2day on banks/sia, happy 4 u............cheers! 

 

No chance ds morning. Focused on banks n SIA.

lookcc      ( Date: 11-Nov-2008 22:35) Posted: uncle, isn't spc good 4 u 2 technical short 2morrow? AK_Francis      ( Date: 11-Nov-2008 15:47) Posted: SPC is a good counter, however, it exposes to wrong timing. I shall return. Its AK concubine for yrs. Lately, hv to betray her for a while.

 

c/o now 58.01, spc down 15 cts on opening n in the red thru out the day  n  closed down 14 cts from yesterday's.......dropping n dropping???

 

uncle, isn't spc good 4 u 2 technical short 2morrow?

AK_Francis      ( Date: 11-Nov-2008 15:47) Posted: SPC is a good counter, however, it exposes to wrong timing. I shall return. Its AK concubine for yrs. Lately, hv to betray her for a while.

 

most likely cud hit <2.00 tis mth or tis year......tis is not a buy or sell call.

 

SPC is a good counter, however, it exposes to wrong timing.

I shall return. Its AK concubine for yrs. Lately, hv to betray her for a while.

 

spc now 2.35...good day.

 

2day shortists spc made $$$, opened $2.48 went down to $2.37 n closed at $2.43.........mayb good 4 shorting 2morrow.

 

I think oil prices will fall further before rising and ML has also cut SPC's tp drastically.

 

yup....wait.

 

I happened to pass by the durian field when it went below $2.00 and I picked up some. The next day, it went up to $2.27 and I sold off. I did not post for BUY CHEAP CHEAP DURIAN because my buy and sell happened to quickly. But after I sold, it went to 2.60 the following few days...banged loh!

$1.20! Must wait long enuf to get that price. If SPC ever visit that price, I think KC will be $2.50, SIA $6.00, DBS $5.50...there will be more choices then! Doubt anyone will pick up this durians when all other fruits are going lelong price...LOL!

 

Ha, ha, still recall people squatting under the tree each day for the durian to drop while Mr Ozone calling out daily, "$6"..."$6"? 

Yet when it hit below $2, not many people dare to pick it up. 

Now want to squat and call out $1.20?  Don't think I want to repeat those good SJ memories again.  

 

waiting for $1.20 to buy........ b4 end tis month???.......shorting tis monday???

 

Latest news flash from IEA is it expects oil price to go back to US$100

 

tat's the spirit, man.

 

Ha ha, it didn't, it went up higher. First action was 1.98 then STI lowest, panic selling all round.

Subsequently, CO down lowest.

Basically, its just trading, dun worry, sometimes u gain , n sometime u loss.

 

lookcc      ( Date: 05-Nov-2008 22:15) Posted: AK, u sold (tech shorted) 16 lots 2day but cud not buy back 2day at lower px that u sold at....it's alright [no need 2 wait until xmas], u shud b able to buy back at <$2.00cts.........cheers!

 

except china, russia, india n brazil, global economies shrinking......credit freeze lessened but not out of the woods yet....demand 4 oil shrink with global economies shrinking.....usa, europe n japan r going into recession, hence their demand 4 oil wud reduce significantly...also china n india demand 4 oil wud reduce to zero increase cos their export markets [europe n usa] wud b buying drastically less....recovering economy next year [ur belief] is not sure....recovery cud be in 2010.......yup, we shall see, spc slowly creeping down till june next year or has now bottomed out [your feeling, per ur post]........cheers!

 

got feeling spc have bottomed out

with opec pdn cut + us elections over + recovering economy next yr.. spc shld slowly creep up again

we shall see

 

AK, u sold (tech shorted) 16 lots 2day but cud not buy back 2day at lower px that u sold at....it's alright [no need 2 wait until xmas], u shud b able to buy back at <$2.00cts.........cheers!

 

The key is time frame... 

For within longer time frames, booms and busts would have come and gone and come and gone...