
risktaker ( Date: 18-Sep-2009 16:55) Posted:
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it does touch 0.85, but it close higher..
this is what you wrote:
Monday Jim brought 20 lots @ 0.85 (How many buyers are like Jim)
Tuesday Jenny Brought 10 lots @ 0.86 (How many buyers are like jenny)
Remember there are big time contra player as well.
Wednesday BB Pump it up to $0.89 - Those contra players who brought yesterday = confirm dead. If BB want them dead.
More people chase @ $0.88 , $0.87 because somehow the charge shows that the trend and direction = positively up.
Thursday BB pressure it to 0.86 -0.87 range Jim & Jenny still can make money if he exit today
Friday
BB Pump a little up $0.87. People chase again. What if BB short it
down to 0.84 within few throws and all they have to do is hold it for 2
days next week (Tuesday and Wednesday). All Contra players will lose
money. The BB of course have to make money la. so it is eventually the
Contra player that will pay BB profit.
Now ask yourself if that make sense.
In shares If you win, someone will lose thats the balance law.
It doesnt touch 0.84 as u wrote yest...
risktaker ( Date: 18-Sep-2009 16:55) Posted:
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bennykusman ( Date: 18-Sep-2009 16:54) Posted:
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risktaker ( Date: 18-Sep-2009 16:32) Posted:
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risktaker ( Date: 18-Sep-2009 11:32) Posted:
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You must be able to hold out with them. Those who cannot hold out with them.. are going to be the sacrificial lambs.. and then it there are such people, you will be lucky because by then only prices can return to favour. Do be careful..
These who get in now may get trap or play out by the BB.I have experience b4.
Better be cautious
Better take profit b4 BB sell down - for the interest for retail/small investor like me.
Smart move. Better take profit as correction is on the way.
Midas may hit 0.83 today.
I am out at 0.87. Better be safe.
WEIGHTED AVG PRICE : 0.8685 LAST
DONE PRICE : 0.855
SPREAD/PRICE RATIO : 0.0058 AVG
TRADE SIZE : 15.443
Last Trades Vol BuyVol Mid SellVol
$0.86 42 139 139 0 0
$0.86 50 1249 756 0 493
$0.87 283 1777 1531 0 246 Heavy selling at 0.87
$0.87 123 2894 1161 0 1733
$0.88 35 2172 717 10 1445
TOTAL 533 8231 4304 10 3917
tankuku ( Date: 18-Sep-2009 14:35) Posted:
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BB unloading. Be cautious with contra:
14:33:50 | 0.855 | 1,000 | Sold to Buyer |
14:33:34 | 0.860 | 519,000 | Sold to Buyer |
SSE drop -ve 65.5 now, 2994.66 points, about -2%
May affect Midas performance today.
BB may start to throw in the afternoon.No power now. Be cautious for those playing contra.
Very fun watching this midas share :) Whos the 1 lotter i wonder ke ke ke
risktaker ( Date: 18-Sep-2009 11:32) Posted:
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tankuku ( Date: 18-Sep-2009 11:21) Posted:
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Pressure it to 0.85 enough i think.