SPC   

SPC

thank u singaporegal, will buy u kopi.....

 

singaporegal,

In general , for MACD, how do u select which the 2 number of days?

which 2 number of days, do u use for SPC?

 

Hi billec,

I mostly use the charts provided by Sharejunction here. Sometimes, I use Poems charts too. Both are free of charge and no need to subscribe.

 

Hi singaporegal

May I know the chart that u are looking is from which site,can I subscript it? will like to learn and monitor the TA too....thanks!

 

Patience is required in this type of counter, esp when it is now hibernating.

 

Possibly. I see the downtrend getting weaker in the past month. It may be a slight downtrend or stagnation in Janurary.

 

need the volume for this counter to pick up before the trends would be clearer. but the way i read it is that this counter is consolidating rather than downtrending

 

Hi giantlow,

I'm not vested in SPC... I see it still downtrending unfortunately

 

this counter is going to soar in 2007...

 

are u vested in SPC, singaporegal?

 

actually, i didn't buy any of the mother share, i am heavily vested in the warrant SPC DB eCW070305. bought some at 6.5cents, 5.5cents and 5cents. Total about 10K plus. No more dough to buy in at 4.5cents

 

Yah... you got that right!

Wow... how heavy are you invested in this? At what price?

 

hopefully my SPC will soar in 2007 man

i am heavily vested in this baby

 

yup yup. i agree. basically, if i have summarise correctly,

volume is a critical indicator in TA, but a stock with low volume is not necessarily bad. it may be good using FA

cheers, singaporegal

 

giantlow & Singaporegal...

Yup... thanks for elaborating on Price & Volume... :)

 

Hi giantlow and iPunter,

Stocks come in many shapes and sizes... eg.. penny stocks with small/large volumes OR  large cap with low/high  volumes.

The only reason I do not monitor low volume stocks is that I find that my style of TA isn't accurate for those counters. You can call me inflexible but I have learned this lesson the hard way - by losing money! :)

However, I would also like to add that it doesn't mean that low volume stocks are not good investments for the long term.

 

i have to disagree with u on that iPunter. Penny stocks dun always have high volume (stamford tyres, seksun), large cap also doesn't mean low volume (eg property and banking counters)

i agree with singaporegal, that both price and volume should be read together to form an accurate picture. but increase in volume would mean pple are more interested/disinterested in the stock, price movement may follow shortly

 

Incidentally, volume is also directly linked to the price of a stock....

ie. everything else being equal,  penny stocks always seem to have high volume and vice versa...

 

By the way, we can choose to be purely 'purist' or hybrid, or simply practical. It is all up to us, really.. hehe...  :) 

 

giantlow...

200 lots traded a day is out of the question... forget it that counter...

Go for those 'low' volume counters which do about  500-1000 lots, especially during the low volume days. I am sure you can do a bit of 'high speed' scalping... :)