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i entered 2.21, should i sold off now to play safe?
Ok adjusted my stop-loss order a little bit. Now going for some breakfast, be back later !
BullishTempo ( Date: 26-Oct-2010 09:45) Posted:
| GSP 2.22 providing support at the moment. Any break below 2.22 will signal significant loss of momentum. |
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GSP 2.22 providing support at the moment. Any break below 2.22 will signal significant loss of momentum.
GLP and MIT ? I only played a bit on IPO, but after that never paid attention to it
motbabe23 ( Date: 26-Oct-2010 09:13) Posted:
hi BT, personal question to seek ur advise on GLP and MIT. What's your take for GLP today? Need to sell off today.
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Some players are shorting SGX since 9am
Abit-loss ( Date: 26-Oct-2010 09:19) Posted:
Know abit, only know that position will need to be closed on same day.. but action is still too fast for me to enter.
BullishTempo ( Date: 26-Oct-2010 09:14) Posted:
Oh yes definitely. Are you familiar with shorting? I will provide a link here on parabolic curves. You might have observed SGX opening at $9, and then shooting up to $9.41 in about 6 minutes. I was watching my Intraday chart, so I noted the time. My chart also showed me a very sharp parabolic curve shooting up. A 40 cents bull run in 6 minutes will definitely result in a sharp sell-off and profit taking. So once you notice a down turning of the parabolic curve, you can begin to short. At the same time set your trailing stop loss, so once the price has reached a low and bouncing up, the system will automatically buy back for you and cover your short. Good observation  |
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Wah. Maybe it's a good thing that I queued but never get 2.24 yesterday.
GSP 2.22, acting as support for today.
BullishTempo ( Date: 26-Oct-2010 09:31) Posted:
STI starting to get bearish.
GSP is following STI trend at the moment. |
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STI starting to get bearish.
GSP is following STI trend at the moment.
Yes we make money from society and give some back as a form of our appreciation for the blessed life that we have. Give thanks each morning for our good health, loving family, great friends, shelter over our head and no worries about money.
The more grateful you are for the blessings in your life, the more blessings will come to you. Keep it going roland ! 
http://www.articlealley.com/article_125957_24.html
http://www.the-secret-dvd.net/gratitude_journal.html
rolandchiau ( Date: 26-Oct-2010 09:22) Posted:
Thanks for the URLs & infos, I've also made the donations. All $ come also from this society mah.
| Your Details are |
| Transaction No. |
: |
D0012104 |
| Transaction Status |
: |
Success |
| Transaction Date |
: |
26-Oct-2010 |
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Thanks for the URLs & infos, I've also made the donations. All $ come also from this society mah.
| Your Details are |
| Transaction No. |
: |
D0012104 |
| Transaction Status |
: |
Success |
| Transaction Date |
: |
26-Oct-2010 |
|
Parabolic curves
http://www.tradejuice.com/technical-analysis/CPA-climax-top-AI.html
BullishTempo ( Date: 26-Oct-2010 09:14) Posted:
Oh yes definitely. Are you familiar with shorting? I will provide a link here on parabolic curves. You might have observed SGX opening at $9, and then shooting up to $9.41 in about 6 minutes. I was watching my Intraday chart, so I noted the time. My chart also showed me a very sharp parabolic curve shooting up. A 40 cents bull run in 6 minutes will definitely result in a sharp sell-off and profit taking. So once you notice a down turning of the parabolic curve, you can begin to short. At the same time set your trailing stop loss, so once the price has reached a low and bouncing up, the system will automatically buy back for you and cover your short. Good observation
Abit-loss ( Date: 26-Oct-2010 09:08) Posted:
Hi BT, with regards to yesterday movement on SGX... wouldn't it advisable to do a short sell when at high, since it was no point in chasing the uptrend(nearing the end) and do a buy entry near end of day?
Did anyone trade this way? can money be made this way too? |
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Know abit, only know that position will need to be closed on same day.. but action is still too fast for me to enter.
BullishTempo ( Date: 26-Oct-2010 09:14) Posted:
Oh yes definitely. Are you familiar with shorting? I will provide a link here on parabolic curves. You might have observed SGX opening at $9, and then shooting up to $9.41 in about 6 minutes. I was watching my Intraday chart, so I noted the time. My chart also showed me a very sharp parabolic curve shooting up. A 40 cents bull run in 6 minutes will definitely result in a sharp sell-off and profit taking. So once you notice a down turning of the parabolic curve, you can begin to short. At the same time set your trailing stop loss, so once the price has reached a low and bouncing up, the system will automatically buy back for you and cover your short. Good observation
Abit-loss ( Date: 26-Oct-2010 09:08) Posted:
Hi BT, with regards to yesterday movement on SGX... wouldn't it advisable to do a short sell when at high, since it was no point in chasing the uptrend(nearing the end) and do a buy entry near end of day?
Did anyone trade this way? can money be made this way too? |
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Wilmar has some good news? Shooting up at the moment
Oh yes definitely. Are you familiar with shorting?
I will provide a link here on parabolic curves. You might have observed SGX opening at $9, and then shooting up to $9.41 in about 6 minutes. I was watching my Intraday chart, so I noted the time. My chart also showed me a very sharp parabolic curve shooting up. A 40 cents bull run in 6 minutes will definitely result in a sharp sell-off and profit taking. So once you notice a down turning of the parabolic curve, you can begin to short. At the same time set your trailing stop loss, so once the price has reached a low and bouncing up, the system will automatically buy back for you and cover your short.
Good observation
Abit-loss ( Date: 26-Oct-2010 09:08) Posted:
Hi BT, with regards to yesterday movement on SGX... wouldn't it advisable to do a short sell when at high, since it was no point in chasing the uptrend(nearing the end) and do a buy entry near end of day?
Did anyone trade this way? can money be made this way too? |
|
hi BT, personal question to seek ur advise on GLP and MIT. What's your take for GLP today? Need to sell off today.
Hi BT, with regards to yesterday movement on SGX... wouldn't it advisable to do a short sell when at high, since it was no point in chasing the uptrend(nearing the end) and do a buy entry near end of day?
Did anyone trade this way? can money be made this way too?
| Oct 26: Yangzijiang, SGX, Wing Tai, GMG Global, MCL Land, Frasers Centrepoint Trust, OKP |
Tags: Frasers Centrepoint Trust | Gmg Global | Mcl Land | Okp Holdings | Sembcorp Marine |SembMarine | SGX | Singapore Exchange | Wing Tai Hldgs | Wing Tai Holdings | Yangzijiang Shipbldg Hldgs | Yangzijiang Shipbuilding
| WRITTEN BY THE EDGE |
| TUESDAY, 26 OCTOBER 2010 08:52 |
Singapore shares may rise on Tuesday, helped by gains on Wall Street overnight as a falling dollar prompted investors to pick up riskier assets. Singapore’s benchmark Straits Times Index <.FTSTI> rose 0.27% on Monday to 3,182.08 points. Here are some stocks and factors to watch, according to Thomson Reuters and Bloomberg: Singapore-listed Chinese shipbuilding firm Yangzijiang (YAZG.SI) may be in focus after it said its third quarter net profit rose 32% to 730.4 million yuan ($142 million) from 554.2 million yuan a year ago. Its revenue climbed 19% to 3.08 billion yuan as it delivered double the number of vessels in the July-September period versus a year earlier.
Australia’s influential Greens Party said on Tuesday it had strong concerns about Singapore Exchange’s (SGXL.SI) $10.7 billion takeover of Australia’s ASX (ASX.AX) and said it might oppose the deal in parliament.
Wing Tai’s (WTHS.SI) July-September net profit fell 35% to $30.2 million from $46.3 million a year earlier, due mainly to a 52% drop in revenue to $131 million.
Rubber firm GMG Global (GMGG.SI) reported third quarter net profit of $16.4 million ($12.65 million), reversing a loss of $371,696 a year ago, helped by higher selling prices for rubber.
Property developer MCL Land (MCRS.SI) said its July-September net profit plunged 91% to US$8.8 million ($11.4 million) from US$96.4 million a year earlier, as its revenue fell 83% to US$46.6 million.
Frasers Centrepoint Trust (FCRT.SI) said its fourth quarter net property income rose 26% to $22.2 million from $17.6 million a year ago, on the back of new asset acquisitions. Its distribution per unit was up 5.9% at 2.16 cents in the July-September period.
OKP Holdings (OKP SP): The Singapore-based road builder said third-quarter net income climbed 13% to $4.5 million from a year earlier. OKP was unchanged at 56.5 cents.
SembCorp Marine (SMM SP): The world’s second-biggest builder of oil rigs was given a “buy” rating in a new coverage by BNP Paribas. The brokerage has a share-price estimate of $5.58. The stock climbed 1.7% to $4.71. |
Many blessings to you too IceTomato !
Ok STI is flat as expected, a little bit bearish. GSP looking nice and stable, some resistance at 2.26 and 2.27, 5 million each. No strong support yet.
icetomato ( Date: 26-Oct-2010 08:54) Posted:
I have made a donation too! It's great to do charity on a regular basis. Good role model, BT!
| Date & Time: |
10/26/2010 08:53:09 |
| Status: |
Approval |
| Merchant Ref: |
CCF.101026.085309581 |
| Approval Code: |
032179 |
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Thank you, with a kind and generous heart like yours, you will be much blessed too !
Abit-loss ( Date: 26-Oct-2010 08:58) Posted:
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BT, with an objective like yours, you will be blessed...
That is the law of the Universe..(hear from somewhere)
BullishTempo ( Date: 26-Oct-2010 08:43) Posted:
Wow abit-loss and CBClow, thank you for your kindness and love to these little children !!! I thank you on the children's behalf !! The love and money you give out will come back to you many many folds. This is the law of attraction. One of my dreams is to set up a charity fund for needy people, especially the sick children. Once I hit my first million in cash, I will start work on this. I am getting there, so wish me luck guys! |
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LoL, thank you for your love and donation to the little children! Yes, we can all do our small part to make this world a better and more beautiful place yes? I make it a point to donate 10% of my profits away. The 10% of profits can go to parents and charitable organisations.
70% - Parents
30% - Charitable organizations.
That is how I split up m 10% donation. Our parents work very hard to raise us up, so we should take care of parents first. And then the remaining donate to the needy people around you. Can also be your relatives, friends or even your religious organization.
Keep the ball rolling guys and gals, make the world a better place !
icetomato ( Date: 26-Oct-2010 08:54) Posted:
I have made a donation too! It's great to do charity on a regular basis. Good role model, BT!
| Date & Time: |
10/26/2010 08:53:09 |
| Status: |
Approval |
| Merchant Ref: |
CCF.101026.085309581 |
| Approval Code: |
032179 |
|
|
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