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9221-9240 of 10484
| 13:35 |
Reuters |
China yields flat as c.bank ends liquidity tightening |
Share set to soar!!!!!! Cheer!!!
one last thing to add. Especially with Midas. I dont dare to short much because anytime he will release NEW CONTRACT. Then Jia lat. So Buy & Hold you have no problem :)
Maybe tomorrow open market midas annouce new orders or contract :) Which is very possible. Then price shoot up by 10 cents.
Anyway buy & hold trust richtan on this one
risktaker ( Date: 18-Aug-2009 13:13) Posted:
Reasons why the rally should Hold & carry on:
1) Market cannot afford to have another Big Fall. Valuation & portfilo of companies will drop and resulted another big lost. (Stock market is another key indicator for economy) - yes it will correct but not a major fall like yesterday the correction or profit taking is over done.
2) Germany, France, Japan, Hongkong all benefit from recent China Shopping trips & Self stimulus program. Are out of Recession.
3) US manufacturing index has risen to 12%, this will create new jobs and help to ease the unemployment rate in the US. This is one key factor we are looking here.
4) Companys that have huge room for growth & good FA. There is no reasons this share will not rocket high in near term.
5) Yesterday Market has already oversold. With Crisis easing, the market are preparing for another round of rally in Oct. We are still looking DJ heading towards 10,000 year end.
6) Main key causing factor housing has seen improvement.
7) US will be out of recession by Q3 as expected by many analyst including myself (with all the datas i have).
Buy & Hold :) However only those coy that has good FA and strong solid fundamentals. Those who have rally back to their pre-crisis price expect some major correct. Those lagging ones "HUAT AH"
Usually quite safe to enter after 3 days of selling.
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Reasons why the rally should Hold & carry on:
1) Market cannot afford to have another Big Fall. Valuation & portfilo of companies will drop and resulted another big lost. (Stock market is another key indicator for economy) - yes it will correct but not a major fall like yesterday the correction or profit taking is over done.
2) Germany, France, Japan, Hongkong all benefit from recent China Shopping trips & Self stimulus program. Are out of Recession.
3) US manufacturing index has risen to 12%, this will create new jobs and help to ease the unemployment rate in the US. This is one key factor we are looking here.
4) Companys that have huge room for growth & good FA. There is no reasons this share will not rocket high in near term.
5) Yesterday Market has already oversold. With Crisis easing, the market are preparing for another round of rally in Oct. We are still looking DJ heading towards 10,000 year end.
6) Main key causing factor housing has seen improvement.
7) US will be out of recession by Q3 as expected by many analyst including myself (with all the datas i have).
Buy & Hold :) However only those coy that has good FA and strong solid fundamentals. Those who have rally back to their pre-crisis price expect some major correct. Those lagging ones "HUAT AH"
Usually quite safe to enter after 3 days of selling.
It may go up it may go down. Buy & Hold you will make $$$$. But I agreed with Richtan on this one.
Already covered all my shorts. Holding my MIDAS :)
richtan ( Date: 18-Aug-2009 12:23) Posted:
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Take a look at my chart posting below to get wat I mean.
Normally, I dun post charts during intraday, but this unique situation warrants my action.
But still, dyodd n BOSAYOR.
richtan ( Date: 18-Aug-2009 12:11) Posted:
| Why personally I insist based on closing n 2 days continuous, is to avoid fake-outs, eg take a look at 16/6/09 candle, the next day after shaking out those panicky, it shoots up, to get wat I mean |
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Take a look at my chart posting below to get wat I mean.
Normally, I dun post charts during intraday, but this unique situation warrants my action.
But still, dyodd n BOSAYOR.
richtan ( Date: 18-Aug-2009 12:11) Posted:
| Why personally I insist based on closing n 2 days continuous, is to avoid fake-outs, eg take a look at 16/6/09 candle, the next day after shaking out those panicky, it shoots up, to get wat I mean |
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Below is my chart analysis for sharing and exchange pointers.
My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.
If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start
making unconstructive comments and plse do not be so childish or lunatic as to abuse the
rating system by rating it as "bad post", accumulating for yourself and your
next generation, "bad" karma for your "bad" deeds.
If u think it is a bad post, then be constructive and kindly post your TA for sharing.
This is only my view n I may be right or wrong, so dyodd and SOBAYOR.
Why personally I insist based on closing n 2 days continuous, is to avoid fake-outs, eg take a look at 16/6/09 candle, the next day after shaking out those panicky, it shoots up, to get wat I mean
Well, everyone has their own strategy and threshold of pain, so u have to decide yours.
Personally, for my personal trades, I "plan my trade and trade my plan", my exit plan is to exit if it closes (take note, closes, not intraday) for 2 days continuous below the 25ema at around 0.835, so dyodd n BOSAYOR.
equator2010 ( Date: 18-Aug-2009 11:58) Posted:
I know FA is good ----many blue chip FA also good , but can't fight market...already hit stop loss, As it is, 1st support at 0.83 flirted and penetrated once .....may regret if don't pull out & pce drop more by closing. ...peng san. I may have to make my own painful decision soon.
richtan ( Date: 18-Aug-2009 11:53) Posted:
| Take this as a test of your confidence in the FA of this counter, are u swayed emotionally by the drop, does it hit your stop-loss?. |
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I know FA is good ----many blue chip FA also good , but can't fight market...already hit stop loss, As it is, 1st support at 0.83 flirted and penetrated once .....may regret if don't pull out & pce drop more by closing. ...peng san. I may have to make my own painful decision soon.
richtan ( Date: 18-Aug-2009 11:53) Posted:
| Take this as a test of your confidence in the FA of this counter, are u swayed emotionally by the drop, does it hit your stop-loss?. |
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Take this as a test of your confidence in the FA of this counter, are u swayed emotionally by the drop, does it hit your stop-loss?.
No offence intended.
Dun be emotional.
"Plan your trade n trade your plan"
Personally, I ignore all this intraday noises (as it could also be a fake-out n could pullback up later) n wait till mkt closes to decide.
equator2010 ( Date: 18-Aug-2009 11:42) Posted:
| ....wah look like freefall leh
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....wah look like freefall leh
Hi pikachu,
I feeled relieved n great tat u know all tat.
Just ignore all this noises, dun be bothered whether he/she mutates, morphed or cloned into someone else, though it is an undeniable true facts tat BBS do exist (aka fund manager, syndicates) but we just stay firm and trade based on the 3 golden mantras and we will never be wrong.
pikachu ( Date: 18-Aug-2009 10:24) Posted:
Yes I know all that. I suspect risktaker is newtothis. The style is exactly the same. Always talking about his friend is BB and how they are going to do this/that to a stock.
richtan ( Date: 18-Aug-2009 10:07) Posted:
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Remember, BBs are not GOD, there are many instances in the past where BBs (aka fund manager, syndicates) being also caught off-guard and lost money too.
A serious trader always one of the 3 golden mantras: "Plan your trade n trade your plan", set your stop loss, never be emotional, be mechanical and ignore all these noises" |
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Take a look at SAR cup and handle, Midas chart (see below) also shows such formation, in the nascent stage
richtan ( Date: 15-Aug-2009 00:15) Posted:
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Hi Bintang,
U are most welcomed, I too learnt a lot from your postings.
No problem, take your time, no urgency.
Are u refering to the cup tat I mentioned, if it is I post below the cup pattern for your info, correct me if u think I m wrong.
Bintang ( Date: 14-Aug-2009 23:38) Posted:
| Thank u richtan , u r so knowlegable n helpful , u not only pointed out my mistakes , but also taught me alot of TA knowledge . There is some problem for me to post my chart , I will try again. From my chart which is using metastock , I could see clearly the H&S pattern , but from your angle , you have different viewing . But no problem ,tan , I will take your advice , n learn to find the pattern you 'd mentioned . Thank u again . |
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Yes I know all that.
I suspect risktaker is newtothis. The style is exactly the same. Always talking about his friend is BB and how they are going to do this/that to a stock.
richtan ( Date: 18-Aug-2009 10:07) Posted:
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Remember, BBs are not GOD, there are many instances in the past where BBs (aka fund manager, syndicates) being also caught off-guard and lost money too.
A serious trader always one of the 3 golden mantras: "Plan your trade n trade your plan", set your stop loss, never be emotional, be mechanical and ignore all these noises"
pikachu ( Date: 18-Aug-2009 09:58) Posted:
The way this risktaker post sounds very much like someone who just recently got banned.
Always talking about BB this and BB that.
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thanks rich tan.. ;p
richtan ( Date: 18-Aug-2009 09:58) Posted:
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benny,
My advice to u is never trade based on rumours, rumours are just rumours, may not be true n can play u to holland.
If u r a seriouos trader, learn to trade based on your own TA analysis n set your stop-loss.
Remember my 3 golden mantras, one of which is : "Plan your trade n trade your plan", never b emotional, be mechanical.
I had specifically created 3 threads under "general", "Trading Techniques" with newbies in mind, make an effort to read it, it will stand u in good stead.
The 3 threads are:
1. Learning TA
2. Advices to newbies.
3.Some recommended good TA books
bennykusman ( Date: 18-Aug-2009 09:36) Posted:
| midas increase to 0.85 today.. some rumors says taht this is only morning rebound. |
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Remember, BBs are not GOD, there are many instances in the past where BBs (aka fund manager, syndicates) being also caught off-guard and lost money too.
A serious trader always one of the 3 golden mantras: "Plan your trade n trade your plan", set your stop loss, never be emotional, be mechanical and ignore all these noises"
pikachu ( Date: 18-Aug-2009 09:58) Posted:
The way this risktaker post sounds very much like someone who just recently got banned.
Always talking about BB this and BB that.
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Remember my 3 golden mantras, one of which is:
"The trend is your friend", never never never go against the trend.
dcang84 ( Date: 18-Aug-2009 09:55) Posted:
Walk the talk. Let's see how far you can short this.
risktaker ( Date: 18-Aug-2009 09:47) Posted:
| BB wont let it go up. Use your other account & short it. Its gonna drop |
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The way this risktaker post sounds very much like someone who just recently got banned.
Always talking about BB this and BB that.
benny,
My advice to u is never trade based on rumours, rumours are just rumours, may not be true n can play u to holland.
If u r a seriouos trader, learn to trade based on your own TA analysis n set your stop-loss.
Remember my 3 golden mantras, one of which is : "Plan your trade n trade your plan", never b emotional, be mechanical.
I had specifically created 3 threads under "general", "Trading Techniques" with newbies in mind, make an effort to read it, it will stand u in good stead.
The 3 threads are:
1. Learning TA
2. Advices to newbies.
3.Some recommended good TA books
bennykusman ( Date: 18-Aug-2009 09:36) Posted:
midas increase to 0.85 today.. some rumors says taht this is only morning rebound..
risktaker ( Date: 18-Aug-2009 09:31) Posted:
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Short leh 0.82 lol i want to cover my short @ that value leh |
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