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Midas Last:0.192 -

Midas

Hi rachael , check also AdvaHldg if u have time .

rachael ( Date: 26-Aug-2009 15:49) Posted:

ha....ha... Bintang, chase you from Mermaid than Epure finally (sweating already Smiley ) after chance upon mermaid counter than I know you are

active at Rotary.....will read Rotary tonight....

Bintang ( Date: 26-Aug-2009 14:47) Posted:

Yes rachael , u are refering to Rotary which is a good counter in terms of FA n TA

I interpret your drop to mean close "minus" EOD, very misleading ambiguous term, a cunning play with words

richtan ( Date: 26-Aug-2009 18:39) Posted:

Yes, it dropped a little, but still, net up for the day, still good leh

richtan ( Date: 26-Aug-2009 18:35) Posted:

Is this your hint b4 break: "If u take profit now u win. Afternoon, It "might" drop", but no leh, your hint dun seems right leh, it did not "might" drop leh but instead it up leh

Yes, it dropped a little, but still, net up for the day, still good leh

richtan ( Date: 26-Aug-2009 18:35) Posted:

Is this your hint b4 break: "If u take profit now u win. Afternoon, It "might" drop", but no leh, your hint dun seems right leh, it did not "might" drop leh but instead it up leh.

risktaker ( Date: 26-Aug-2009 15:05) Posted:

already hinted before break .... sig

Is this your hint b4 break: "If u take profit now u win. Afternoon, It "might" drop", but no leh, your hint dun seems right leh, it did not "might" drop leh but instead it up leh.

risktaker ( Date: 26-Aug-2009 15:05) Posted:

already hinted before break .... sigh

richtan ( Date: 26-Aug-2009 15:00) Posted:

Patience has its virtues.

Volume had exceeded yesterday's volume and Trade Summary shows heavy buy-up.

Congrats especially to those who followed my postings and chart analysis and dared to buy since last few days when it presents many good opportunities when it bounced off the 15ema and 25ema with tight stop-loss if it close below the 25ema or 65ema.

Peronally, I will exit if it breaks and closed below the 25ema for 2 continuous days and the 3rd day, there is no reversal sign or bullish harami

Ooops, sorry, should rephrase:

Maybe u should say "If u take profit now u might win or u might make less. Afternoon, It "might" drop but also it "might not" drop"

richtan ( Date: 26-Aug-2009 18:31) Posted:

Maybe u should say "If u take profit now u win or u might make less. Afternoon, It "might" drop but also it "might not" drop"

risktaker ( Date: 26-Aug-2009 10:51) Posted:

if u take profit now u win. Afternoon it "might" drop ..... if u want reasons. U can PM once it drop

Maybe u should say "If u take profit now u win or u might make less. Afternoon, It "might" drop but also it "might not" drop"

risktaker ( Date: 26-Aug-2009 10:51) Posted:

if u take profit now u win. Afternoon it "might" drop ..... if u want reasons. U can PM once it drop.

richtan ( Date: 26-Aug-2009 10:45) Posted:

Patience has its virtues and proves all those naysayers tat bad-mouthed Midas wrong.

Volume had exceeded yesterday's volume within less than 2 hours of trade and Trade Summary shows heavy buy-up.

Congrats especially to those who followed my postings and chart analysis and dared to buy since last few days when it presents many good opportunities when it bounced off the 15ema and 25ema with tight stop-loss if it close below the 25ema or 65ema.

Peronally, I will exit if it breaks and closed below the 65ema for 2 continuous days and the 3rd day, there is no reversal sign or bullish harami

ya, they said that they are investigating since last monday ald..

dunno what is the outome...

anyway, i personally think it's still safe to enter and buy up to mid of september.. probably correction will come in those days..

risktaker ( Date: 26-Aug-2009 17:01) Posted:

You complain this 1 lotter :)

I seen worst. If ur on goldenagr 1 month ago lol you know what i am talking about. @ $0.290 - 0.300

Anyway i really wished you guys can huat tomorrow. "Hope a BB will strongly buy this counter up", if u cant hold "wanted" to contra i suggest is exit now to be safe. As my feeling for tomorrow is not really good.

I strongly believed this counter is a gem and if u guys hold it can easily hit $3 in the future.

DOSAYOR -- I only provide my insight

bennykusman ( Date: 26-Aug-2009 16:43) Posted:

complain ald... sgx is investigatin

You complain this 1 lotter :)

I seen worst. If ur on goldenagr 1 month ago lol you know what i am talking about. @ $0.290 - 0.300

Anyway i really wished you guys can huat tomorrow. "Hope a BB will strongly buy this counter up", if u cant hold "wanted" to contra i suggest is exit now to be safe. As my feeling for tomorrow is not really good.

I strongly believed this counter is a gem and if u guys hold it can easily hit $3 in the future.

DOSAYOR -- I only provide my insight

bennykusman ( Date: 26-Aug-2009 16:43) Posted:

complain ald... sgx is investigating

m0shii ( Date: 26-Aug-2009 16:36) Posted:

can complain to sgx on the bb tat buy 1 lot and 1 lot ??

complain ald... sgx is investigating

m0shii ( Date: 26-Aug-2009 16:36) Posted:

can complain to sgx on the bb tat buy 1 lot and 1 lot ??

huat!!!! 0.7 !

ha....ha... Bintang, chase you from Mermaid than Epure finally (sweating already Smiley ) after chance upon mermaid counter than I know you are

active at Rotary.....will read Rotary tonight....

Bintang ( Date: 26-Aug-2009 14:47) Posted:

Yes rachael , u are refering to Rotary which is a good counter in terms of FA n TA .

rachael ( Date: 26-Aug-2009 14:22) Posted:

Hi Bintang, did not sell off any lots because I saw your posting at 10 plus to raymondho n startrader.

btw after searching for weeks, Finally this afternoon I found out which counter you are active in......will zoom to

R counter to have a look tonight....... Smiley

already hinted before break .... sigh

richtan ( Date: 26-Aug-2009 15:00) Posted:

Patience has its virtues.

Volume had exceeded yesterday's volume and Trade Summary shows heavy buy-up.

Congrats especially to those who followed my postings and chart analysis and dared to buy since last few days when it presents many good opportunities when it bounced off the 15ema and 25ema with tight stop-loss if it close below the 25ema or 65ema.

Peronally, I will exit if it breaks and closed below the 25ema for 2 continuous days and the 3rd day, there is no reversal sign or bullish harami

U have to ask yourself, do u want to stomach the risk or prefer to accumulate your wealth gradually with lesser risk.

High risk, high return but can also be high losses.

JJSeng ( Date: 26-Aug-2009 14:36) Posted:

Hi Richtan, totally agreed with you. I am just compairing with Genting SP, because it's moving very fast as compare with Midas. High risk high return.

richtan ( Date: 26-Aug-2009 14:13) Posted:

Only those with "genuine??" divine powers will be able to tell u by when, n dun believe them. stay far, far away from them.

To succeed in trading, I always said:

"Learn to master TA n u are the master of your own trades."

"Learn how to fish n u can fend for yourself forever, relying on others n forever u r dependent on others n at their mercy"

"There is no easy way n short-cut to success in life, including trading, all are own hardwork, u need to learn the tools of the trade"

U can download the free charting software from www.chartnexus.com (no need to get the paid version, all these can be self-learn, dun waste your money, instead self-learn the skills n use tat money to trade).

I self-learnt, see how analysts do it and practice by covering up the candles and test my knowledge and hone my skills
till I m quite confident b4 start trading bcos the mkt is merciless, I rather save the money to trade and multiply it.

Those TA courses, wat they teach, all are from books, nothing new.

For those paid software,even after the software scan, still need our analysis, cannot assume it is 100% correct, as nothing can replace the human brain and knowledge as analysis is an art of how individual interpret, no matter how much they input all the scientific knowledge into the software

If u are not sure, post your charts n hopefully some forumers good in TA will exchange pointers with u.

To know how to post, search the forum for "tinypic.com"

To succeed in trading, my sincere n genuine advice to newbies:

"Learn to master TA n u are the master of your own trades."

"Learn how to fish n u can fend for yourself forever, relying on others n forever u r dependent on others n at their mercy"

"There is no easy way n short-cut to success in life, including trading, all are own hardwork"

I had created 3 threads dedicated to newbies under "General", "Trading Techniques":

1. "Learning TA" - websites where u can learn TA for free but of course, TA is not infallible, thus need to set stop-loss)

2. "Some recommended good Trading and TA books" - of course u can also buy TA books.

3. "Advices to newbies" particular the 3 golden mantras.

Take your time to read and learn, dun rush, remember "Rome was not built in one day"

Yes rachael , u are refering to Rotary which is a good counter in terms of FA n TA .

rachael ( Date: 26-Aug-2009 14:22) Posted:

Hi Bintang, did not sell off any lots because I saw your posting at 10 plus to raymondho n startrader.

btw after searching for weeks, Finally this afternoon I found out which counter you are active in......will zoom to

R counter to have a look tonight....... Smiley

Bintang ( Date: 26-Aug-2009 10:54) Posted:

Now Midas is preparing to move up to the next target .

Hi raymondho n startrader , I agreed that this counter is in short term weakness , but interestingly , if the 10MA does not provide support , then the 30 MA is always there to stop the falling price . Since May09 this trend has never fallen out of the 30MA which provides very strong support to the share price .In TA charting , only 30 days simple moving average (30MA) is to distiguish between the upward n downward movement of the long term share price movement .Obviously the uptrend is intact , any pulling back to the 30MA become golden opportunity for buying in . If Fibonacci theory is to materialize , then the price moves up to $1.05 is not impossible , for it has already crossed the 23.67% mark at 75 cents . I m not promoting this counter , until now I have not buy a single lot yet ng, did not sell off any lots because I saw your posting at 10 plus to raymondho n startrader.

btw after searching for weeks, Finally this afternoon I found out which counter you are active in......will zoom to

R counter to have a look tonight....... Smiley

Bintang ( Date: 26-Aug-2009 10:54) Posted:

Now Midas is preparing to move up to the next target .

Hi raymondho n startrader , I agreed that this counter is in short term weakness , but interestingly , if the 10MA does not provide support , then the 30 MA is always there to stop the falling price . Since May09 this trend has never fallen out of the 30MA which provides very strong support to the share price .In TA charting , only 30 days simple moving average (30MA) is to distiguish between the upward n downward movement of the long term share price movement .Obviously the uptrend is intact , any pulling back to the 30MA become golden opportunity for buying in . If Fibonacci theory is to materialize , then the price moves up to $1.05 is not impossible , for it has already crossed the 23.67% mark at 75 cents . I m not promoting this counter , until now I have not buy a single lot yet .

star-trader ( Date: 16-Aug-2009 13:52) Posted:

I agreed with Raymond...

The On balanced volume showing towards downtrend unless big volumes buy-in to push back the price...but candlestick is showing reverse trend..

This is my personal view only.. DYODD.

rgds, star-trader

JJSeng 26-Aug-2009 14:36
Contact Quote!

Hi Richtan, totally agreed with you. I am just compairing with Genting SP, because it's moving very fast as compare with Midas. High risk high return.

richtan ( Date: 26-Aug-2009 14:13) Posted:

Only those with "genuine??" divine powers will be able to tell u by when, n dun believe them. stay far, far away from them.

To succeed in trading, I always said:

"Learn to master TA n u are the master of your own trades."

"Learn how to fish n u can fend for yourself forever, relying on others n forever u r dependent on others n at their mercy"

"There is no easy way n short-cut to success in life, including trading, all are own hardwork, u need to learn the tools of the trade"

U can download the free charting software from www.chartnexus.com (no need to get the paid version, all these can be self-learn, dun waste your money, instead self-learn the skills n use tat money to trade).

I self-learnt, see how analysts do it and practice by covering up the candles and test my knowledge and hone my skills
till I m quite confident b4 start trading bcos the mkt is merciless, I rather save the money to trade and multiply it.

Those TA courses, wat they teach, all are from books, nothing new.

For those paid software,even after the software scan, still need our analysis, cannot assume it is 100% correct, as nothing can replace the human brain and knowledge as analysis is an art of how individual interpret, no matter how much they input all the scientific knowledge into the software

If u are not sure, post your charts n hopefully some forumers good in TA will exchange pointers with u.

To know how to post, search the forum for "tinypic.com"

To succeed in trading, my sincere n genuine advice to newbies:

"Learn to master TA n u are the master of your own trades."

"Learn how to fish n u can fend for yourself forever, relying on others n forever u r dependent on others n at their mercy"

"There is no easy way n short-cut to success in life, including trading, all are own hardwork"

I had created 3 threads dedicated to newbies under "General", "Trading Techniques":

1. "Learning TA" - websites where u can learn TA for free but of course, TA is not infallible, thus need to set stop-loss)

2. "Some recommended good Trading and TA books" - of course u can also buy TA books.

3. "Advices to newbies" particular the 3 golden mantras.

Take your time to read and learn, dun rush, remember "Rome was not built in one day"

JJSeng ( Date: 26-Aug-2009 14:05) Posted:

Hi! When will it touch the magic number $1

richtan 26-Aug-2009 14:28
Contact Quote!

Hi Rachael,

I m happy for u but remember tat making profits n losses is part n parcel of trading tat we must accept, so do not regret if u later find out tat the other stock run up more than Midas, as likewise, wat if it dropped more than Midas, nobody knows, so accept the decision we made. My advice is to learn TA so tat u need not be reliant on others eg being dependant on broker's advice as they are not accountable for your losses, as I said, I can slap myself for any mistakes I made but I cant slap others..

rachael ( Date: 26-Aug-2009 12:55) Posted:

Ha..

..Ha...

, Richtan, I was also about to sell off some of my Midas shares to spread to spread my risk to another counter but held back when my broker told me that there is an equal number of buyer.

richtan ( Date: 26-Aug-2009 12:30) Posted:

Trade Summary shows huge buy-up:

5EN (MIDAS)

WEIGHTED AVG PRICE : 0.8680	LAST DONE PRICE : 0.870
SPREAD/PRICE RATIO : 0.0057	AVG TRADE SIZE : 38.33

< />

Last	Trades	Vol	BuyVol	Mid	SellVol
0.845	3	27	27	0	0
0.850	65	1,770	1,064	0	706
0.855	19	1,143	10	0	1,133
0.860	25	1,565	0	0	1,565
0.865	32	1,714	545	0	1,169
0.870	155	5,355	1,912	0	3,443
0.872	1	40	0	40	0
0.875	177	6,291	3,903	0	2,388
0.880	14	915	0	0	915
TOTAL	491	18,820	7,461	40	11,319

rachael 26-Aug-2009 14:22
Contact Quote!

Hi Bintang, did not sell off any lots because I saw your posting at 10 plus to raymondho n startrader.

btw after searching for weeks, Finally this afternoon I found out which counter you are active in......will zoom to

R counter to have a look tonight....... Smiley

Bintang ( Date: 26-Aug-2009 10:54) Posted:

Now Midas is preparing to move up to the next target .

Hi raymondho n startrader , I agreed that this counter is in short term weakness , but interestingly , if the 10MA does not provide support , then the 30 MA is always there to stop the falling price . Since May09 this trend has never fallen out of the 30MA which provides very strong support to the share price .In TA charting , only 30 days simple moving average (30MA) is to distiguish between the upward n downward movement of the long term share price movement .Obviously the uptrend is intact , any pulling back to the 30MA become golden opportunity for buying in . If Fibonacci theory is to materialize , then the price moves up to $1.05 is not impossible , for it has already crossed the 23.67% mark at 75 cents . I m not promoting this counter , until now I have not buy a single lot yet .

star-trader ( Date: 16-Aug-2009 13:52) Posted:

I agreed with Raymond...

The On balanced volume showing towards downtrend unless big volumes buy-in to push back the price...but candlestick is showing reverse trend..

This is my personal view only.. DYODD.

rgds, star-trader

richtan 26-Aug-2009 14:21
Contact Quote!

Hi Bintang,

The upper n lower band may but does not necessarily stopped a stock from pushing the band upwards (bullish) or downwards (bearish) just like wat is o/b can be even more o/b n wat is o/s can be more o/s, the key is to know how to spot reversal candles n patterns.

Bintang ( Date: 26-Aug-2009 13:53) Posted:

The upper Bollinger band of Midas has stopped its share price from moving up further at 88 cents . The DMIs are positively place , n the ADX was at 12 according to yesterday chart . If the share price could hold up firmly in next few days , the ADX would turn up again n the strong uptrend would resume . The upside target price still at $1.05 .

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