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STI bear trap begins today !!!

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fortunegal
    14-Mar-2007 09:48  
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cashiertan, what is elliot wave c ? can explain or give me the link to read up?
 
 
l_tan888
    14-Mar-2007 09:47  
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cashiertan,



that's why I say I don't do shorting in my earlier post. 
 
 
jackjames
    14-Mar-2007 09:45  
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oh shit.. don't put blame one me la..... i really did short the fellow.. let me paste here , see if i can... show u some first..

ORDER NO STOCK SYMBOL STOCK NAME STATUS R F BUY / SELL PRICE (S) PRICE (E) QTY (S) QTY (E) TIME (S) TIME (R) MSG CP
95823 DBS.SG DBS Rejected      Sell 20.7  --- 1000   Mar 14 2007 9:02AM  Mar 14 2007 9:02AM Exceed client limit   
95353 DBS.SG DBS Rejected      Sell 20.7  --- 1000   Mar 14 2007 9:01AM  Mar 14 2007 9:01AM Exceed client limit   
95103 DBS.SG DBS Rejected      Sell 20.7  --- 1000   Mar 14 2007 9:00AM  Mar 14 2007 9:00AM Exceed client limit   
89874 HBI.SG Ho Bee Rejected      Sell 1.85  --- 8000   Mar 14 2007 6:34AM  Mar 14 2007 6:34AM Exceed client
 

 
cashiertan
    14-Mar-2007 09:40  
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shortist burn backside today.. unless all shortist gather all their ammo to short further else will lose big big today... almost all stocks now abv the starting price..



jack james, u almost got everyone into the shit hole siah
 
 
nickyng
    14-Mar-2007 09:34  
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hee..as i adopt diff strategy now..contra instead of short...contra on ChinaFISH loh!! hee....few lots only lah...kopi $$ :D
 
 
cashiertan
    14-Mar-2007 09:25  
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actually guys, i am more bullish now coz the market is oversold badly.. even the may 06 is not that badly oversold than now.. however elliot wave c is going to happen so i keep my finger crossed. however i suspect this is the wave C.

most likely Dow will correct abit more till 11800 coz it is too oversold now.. also the economy is not that bad now compared to last year.. nor is there bad news happening.. so hold is the better option
 

 
jackjames
    14-Mar-2007 09:19  
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scotty, I tried 3 times, all kena rejected ... sianz.. okay la..  don want to short liao.. but, i would like to know what's the problem? why i cannot short sell....?
 
 
ivorycoast
    14-Mar-2007 09:19  
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Another opportunity to pick up Gen Int at great bargains.
 
 
scotty
    14-Mar-2007 09:17  
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Yup... I think its just normal selling. Be careful of doing naked shorts though!

Can get burnt bad bad!
 
 
cashiertan
    14-Mar-2007 09:17  
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better to short with CFD
 

 
jackjames
    14-Mar-2007 09:15  
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nickyng, are u using poems? how you short the counter? just normal sell function right?

nickyng
Senior
Posted: 14-Mar-2007 06:21
x 0
x 0
 

haha...confirm another slaughter this morning ! hee...waiting eagerly to short...hee...
 
 
jackjames
    14-Mar-2007 08:50  
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because the price is too high, actually, HoBee is one I want to short also, but looking at the market interest, i got to becareful... can't wait for the market to open at 9.00 ... well, NOL can easily drain to 2.94.. u believe?
 
 
cashiertan
    14-Mar-2007 08:47  
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why nol?

 
 
jackjames
    14-Mar-2007 06:24  
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I already create a short list.. NOL, OLAM, COMFORTDELGO, DBS, HLFinance... 

I will see how much I can earn today... SGD 10,000? hee... sometimes, it is easier to earn during the bear market than bull market, nickyng, isn't it? Don't short SPC 3 lots la.. Short it with 30 lots!!!!!
 
 
nickyng
    14-Mar-2007 06:21  
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haha...confirm another slaughter this morning ! hee...waiting eagerly to short...hee...
 

 
novena_33
    14-Mar-2007 05:29  
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Jackjames...u no gd lar...short counter.... later they shot those i still keep .....
 
 
jackjames
    14-Mar-2007 02:29  
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you are not wrong, SHORT COUNTERS today!!!!
 
 
firebear
    14-Mar-2007 02:12  
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another wave coming....... hope i'm wrong
 
 
rogue_trader
    14-Mar-2007 01:00  
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The remisers also "jialat".. When people trade, they happy (got comm), but when people "zao lor" (run road), their $$ stuck and lots of losses on opportunities cost.
 
 
maxsyn
    13-Mar-2007 23:38  
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a very expensive lesson indeed
 
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