Rotary Engg   

Impending Breakout

wow sell and buy equally easy :)

iPunter      ( Date: 24-Jul-2008 19:58) Posted: Selling is the easiest thing for me to do... But buying is equally easy too (short-covering or taking profit) ...

 

oh well good for u then.. losing money also easy for u prehaps

 

Selling is the easiest thing for me to do...

But buying is equally easy too (short-covering or taking profit) ...  

 

Today movement more or less confirmed a break from the current downtrend. Too bad tomolo is friday. will avoid this counter for time being. STI has low vol which spook me..

 

u are right in ur view. Personally, i find it easier to sell than buy a counter.

 

Hahaha...buying is always very easy, but when to sell could be a little bit 'tricky' Cheers!

 

seem to break the immdedaite down trend.. see how it goes.. can buy if it break the 69.5

 

next support at $0.62

 

When the economy is heading toward recession, every assets would have to devalue (more or less according to the asset types). There is no escape. The good news is such event will come and go away (although time frame maybe different)...........Cheers

 

What happen?? Bad news that we do not know??? Keep dipping............

 

Investors and Players are all worried over the uncertainties in the Market as well as the economy. The funny thing is when fuel prices went up, they're concerned about inflation; and when it came down they're worried that the economy is slowing 'cos the demand of oil fell.....so what is next?????? 

I'd take this opportunity to accumulate if (you think)  the fundamentals are still intact or get out if you've your whatsoever reasons. And of course, do nothing if you're not sure. Cheers!

 

wow breaking thru all its support. not sure what's the reason?

 

poor rotary. not too long ago it was a star stock. now going back where it was. remember that it had a 2:5 bonus so multiply all current prices by 1.4 to compare with prices long time ago if you want to discern basing price.

 

52 weeks new low at 0.69 now... TA chart super bearish...

next support point at 0.60...

 

well cashlesstan,  if you think you're not 'cocky', then you're not cocky., and what I think is not important. If I were not wrong, I didn't even say that you're cocky (please read my last post once more, carefully!).

I wouldn't deny that I've secrets (in tradings and in my life) and I feel fine about them. Of course, I keep them very personal indeed! I'm quite comfortable for not 'reviewing' how I trade and what I do with my money!

And FYI, any systems or tools if not use correctly, the end result could be 'deadly'. Therefore, don't blame the system or the tool if your final work didn't come out 'nice and good'.

And finally, as long as you do post your comments here, you have already made your contributions to this Forum whichever 'SYSTEMS' you used. Cheers!

 

well ten3one,

if i am not wrg, i rem u are one of the trade secret mo personnel. if i am cocky or secretive abt it i wouldnt mentioned it is by mo trade secret signal. in fact i am implying that trade secret mo works for me and those who have it. if u think i am cocky, i wouldnt have posted if i am wrong. i post ehether if i m right or wrong. in fact when i am just following the system, hence it is not "I" but the system. I made no contribution at all by simply following the trade secret MO strategy.

 

 

hmm holding steady at current price $0.74+ :)

 

Frankly cashiertan, I don't think anyone here doubt your sincerity and it doesn't mean that being sincere, you've no secrets.

A call is only transparent when all related numbers and facts are clearly displayed and explained. I doubt it could be done here as it required more 'spaces'!

As long as you're sincere, there is no need to feel bad when your call is wrong or be 'cocky' when it is right Cheers!

 

What is its NAV? I think last yr EPS is 9.3 cents which is about PE of 10.
I think normally people put about 2 to 3 times NAV. Correct me if i'm wrong. Not familiar with all these figures. Still learning.

I did a rough calculation and came with NAV of about 30cts. Not sure correct or not. If it is 30 cts, then 70c price is quite cheap!

Any comments?

 

no secret in my trading style. all 101% TA signal for entry and exit. !01% transparent in my calls. thou not 100% correct but will always gif reason on entry. Those who MO trade secret strategy with me can validfy my call for rotary on 25/26th june.