i bought fr 41c till now, and still buying , yet now bought 94c...and no..nothing wrong with this counter...it is broadbase selling..but i thk tomolo may be another day of down, provided tonite chicago PMI..is ok,,,whuch i thk is shd be ok...based on the GDP..
and US$ weakness...so expect factory tp up putput...
maxcty ( Date: 31-Aug-2009 14:47) Posted:
CheongWee still holding?? seems like something wrong for this counter.........
Very strong support at 90 cents which at 10 MA , n a good entry point for long term .
Bintang ( Date: 26-Aug-2009 11:12) Posted:
Thank u cheongwee for respecting TA , although I had early sold off my mermaid which I posted on very early in this forum , but switched to Rotary was not a bad decision by now . For mermaid , it needs to have a minor correction before going up again .
cheongwee ( Date: 26-Aug-2009 00:49) Posted:
I would not like to discuss abt TA and FA ...as i must respect the feeling of the ppl here...they are my fellow forumer.who sincerity is unquestionable...they do good job of posting chart here now and then..which are useful for us...and we salute them for taking precious time to do that....esp richtan..and bintang
...TA and FA are for value invester....i do not deny it usefulness...i do see TA and FA at time also...so we must not write it off.....better still if you use it...added advantage..why not???
if you trust me, just read my post ...i wish everyone well...
Placing stop loss is advisible if one cannot hold Mermaid for long-term. Before surpassing $1.03, Mermaid has to do a retracement together with all the other stocks before the next wave up. There is nothing wrong with Mermaid. It is down because it has been overbought for the past few weeks. The next move depends on one's investment style. If you have faith in Mermaid and is a long-term INVESTOR, hold on to Mermaid, see it plunge further and make a rebound up. I can guarantee that when STI hits 3000+, Mermaid >$1.20. IF you are short-term trader, stop loss have to be placed. You can always get back Mermaid cheaper. I once entered Mermaid at the wrong price, 0.62, see it plunge by more than 10 cents to 0.51 and then see it rocket to 0.80 and then 1.02 and now, plunged again...
No problem. What you said is ture. Money in my pocket becomes my money. Lose 10 dollars out, means lost 10 dollars! Cheers!!!!
cheongwee ( Date: 27-Aug-2009 14:35) Posted:
u means inside your pocket is yours..so come out is losses...even though it is the profit..in the fisrt place..right???
wat type of accounting u use...sure huat one...American type right...change of rule to the accounting....some profit also known as losses, and opposite the American...losses is known as profit...
joking with you..hope you make $$$
keepnosecrets ( Date: 27-Aug-2009 13:54) Posted:
Sorry Elite, I made a little bit but I consider the 5 lots as losing money because of the time, risk and money involved.
u means inside your pocket is yours..so come out is losses...even though it is the profit..in the fisrt place..right???
wat type of accounting u use...sure huat one...American type right...change of rule to the accounting....some profit also known as losses, and opposite the American...losses is known as profit...
joking with you..hope you make $$$
keepnosecrets ( Date: 27-Aug-2009 13:54) Posted:
Sorry Elite, I made a little bit but I consider the 5 lots as losing money because of the time, risk and money involved.
1.8???..i dont know the px it hit this rd, but i see u making...5lot broker fee is 100 over buck..minus your 800 buck profit..so how to lose??
keepnosecrets ( Date: 27-Aug-2009 10:45) Posted:
Hope you are correct and make big money at $1.80. Mermaid I invested all in 20 lots, sold 15 at 1.02 for a good profit, as my cost is slightly less than 97 cents. Made less than $800, but the balance of 5 lots losing so I cut today like I promised the market yesterday, so 5 lots lost money in brokerages.
no problem. but I not going to load this anymore today. just wait like your mention..DUN GIVE UP...
cheers.
cheongwee ( Date: 27-Aug-2009 10:40) Posted:
but the wrt is very very risky, pls dyodd...and can be very profitable...either do or die..it is a gamble for me...not a call to buy... that is for sure..pls BAYOR and DYODD.
maxcty ( Date: 27-Aug-2009 10:27) Posted:
Thanks Cheongwee, nice encouraging words from you. I will still keep those I bought yesterday, just today dun feel like loading anymore. looking at other counters now like QAF, Li Heng...hope this baby cheong up soon.
Hope you are correct and make big money at $1.80. Mermaid I invested all in 20 lots, sold 15 at 1.02 for a good profit, as my cost is slightly less than 97 cents. Made less than $800, but the balance of 5 lots losing so I cut today like I promised the market yesterday, so 5 lots lost money in brokerages.
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