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bladez87
    30-Nov-2010 22:24  
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what stablizer?

possible for a gap down tmr anot? since nobody want to buy their ipo, means even if open at 1.3, also will not find any buyers. then 1.29, 28, 27 i also doubt anyone sucker will want to buy it at such prices.

that is the reason why i think will gap down, then those people who got it today, will sell off, pushing price even lower.

 

reading charts and understanding thru analysis is very different! i can read a little, but i donno how to anticipate their next move using charts. haha.



firewood      ( Date: 30-Nov-2010 22:16) Posted:

I am thinking of shorting too. But hor, they got stablizer leh. So i still thinking and see how tmr opening. 

bladez87      ( Date: 30-Nov-2010 22:14) Posted:

i swore off all risky attempts to long.

i did not short mewah despite knowing it got listed at the worst possible time during this period. when i saw mewah it was 1.04. lowest on 1st day was .985. which was also the price i wanted to cover if i had short.

so tmr, i shall attempt to short amtex, maybe 5, maybe 10 and cover half 2-3 cents below, the remaining at the support.

anyone same game plan as me?



 
 
firewood
    30-Nov-2010 22:16  
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I am thinking of shorting too. But hor, they got stablizer leh. So i still thinking and see how tmr opening. 

bladez87      ( Date: 30-Nov-2010 22:14) Posted:

i swore off all risky attempts to long.

i did not short mewah despite knowing it got listed at the worst possible time during this period. when i saw mewah it was 1.04. lowest on 1st day was .985. which was also the price i wanted to cover if i had short.

so tmr, i shall attempt to short amtex, maybe 5, maybe 10 and cover half 2-3 cents below, the remaining at the support.

anyone same game plan as me?



Jfierce      ( Date: 30-Nov-2010 21:51) Posted:

i thought u swear off real trading until bull season?


 
 
Jfierce
    30-Nov-2010 22:16  
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i think i really got alot to learn about these charts..

iPunter      ( Date: 30-Nov-2010 22:07) Posted:

Whether all buy/sell actions in the market are 'manipulations' is not for us to say.

   Since the market is designed for buying and selling,

      I would rather view it as a neutral place... Smiley 



Gaecia      ( Date: 30-Nov-2010 22:01) Posted:

Nope. TA is past tense of stock price actions, the daily report card of big players' manipulation


 

 
bladez87
    30-Nov-2010 22:14  
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i swore off all risky attempts to long.

i did not short mewah despite knowing it got listed at the worst possible time during this period. when i saw mewah it was 1.04. lowest on 1st day was .985. which was also the price i wanted to cover if i had short.

so tmr, i shall attempt to short amtex, maybe 5, maybe 10 and cover half 2-3 cents below, the remaining at the support.

anyone same game plan as me?



Jfierce      ( Date: 30-Nov-2010 21:51) Posted:

i thought u swear off real trading until bull season?

bladez87      ( Date: 30-Nov-2010 21:50) Posted:

i am going to short amtex tmr with real ammo!


 
 
SGG_SGG
    30-Nov-2010 22:12  
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Thanks Firewood! 

firewood      ( Date: 30-Nov-2010 17:58) Posted:

I think so ba. I am gg to negotiate with my poems remiser also keke


SGG_SGG      ( Date: 30-Nov-2010 17:33) Posted:

Ohhh.. okie, thanks. I don't trade 100k per transaction leh. Too big for one counter transaction, later toss and turn whole night cannot sleep. hehehehe... But I will try and nego with mine then. Oh btw, 0.22% exclude the tax, am I right?



 
 
iPunter
    30-Nov-2010 22:07  
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Whether all buy/sell actions in the market are 'manipulations' is not for us to say.

   Since the market is designed for buying and selling,

      I would rather view it as a neutral place... Smiley 



Gaecia      ( Date: 30-Nov-2010 22:01) Posted:

Nope. TA is past tense of stock price actions, the daily report card of big players' manipulation.

Jfierce      ( Date: 30-Nov-2010 21:49) Posted:

BBs constantly try to manipulate the charts so TA can be wrong?


 

 
iPunter
    30-Nov-2010 22:02  
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Chart reading enables one to be actively monitoring the market's progress...

    Whereas 'buy and hold long-long' is a passive way to play.  Smiley
 
 
Gaecia
    30-Nov-2010 22:01  
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Nope. TA is past tense of stock price actions, the daily report card of big players' manipulation.

Jfierce      ( Date: 30-Nov-2010 21:49) Posted:

BBs constantly try to manipulate the charts so TA can be wrong?

Gaecia      ( Date: 30-Nov-2010 21:47) Posted:

So in essence u mean BB trappings right


 
 
Jfierce
    30-Nov-2010 21:59  
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the market really too volatile.. if i see dow up.. then tomorrow market might go down.. because everyone expects it to go up..
 
 
iPunter
    30-Nov-2010 21:57  
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I am not familiar with those things.

     I only speak in general about the stock market,

         based purely on the charts... Smiley
 

 
firewood
    30-Nov-2010 21:57  
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They need to declare

Jfierce      ( Date: 30-Nov-2010 21:55) Posted:

are the ppl in these big firms allowed to play privately also? i mean if you know your company going to massive buy up.. then u buy abit.. will u get caught?

iPunter      ( Date: 30-Nov-2010 21:53) Posted:

The only people that can move the market are the

    big funds (banks, investment houses, etc)...

        And they are playing against each other too.

           In this context, retail players are an insignificant factor. Smiley



 
 
Jfierce
    30-Nov-2010 21:55  
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are the ppl in these big firms allowed to play privately also? i mean if you know your company going to massive buy up.. then u buy abit.. will u get caught?

iPunter      ( Date: 30-Nov-2010 21:53) Posted:

The only people that can move the market are the

    big funds (banks, investment houses, etc)...

        And they are playing against each other too.

           In this context, retail players are an insignificant factor. Smiley



Gaecia      ( Date: 30-Nov-2010 21:47) Posted:

So in essence u mean BB trappings right


 
 
iPunter
    30-Nov-2010 21:53  
Contact    Quote!

The only people that can move the market are the

    big funds (banks, investment houses, etc)...

        And they are playing against each other too.

           In this context, retail players are an insignificant factor. Smiley



Gaecia      ( Date: 30-Nov-2010 21:47) Posted:

So in essence u mean BB trappings right?

iPunter      ( Date: 30-Nov-2010 21:44) Posted:



Although we talk here about being 'technical',

    one must realise that such chart-based reckonings

        only give one a reference point on which to act.

            It is not foolproof, especially in this age

                 in which everyone knows about TA.

                    Thus, 'bear traps' and 'bull traps' are also

                        easily encountered... Smiley


 
 
Jfierce
    30-Nov-2010 21:52  
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if everyone short amtex.. who is buying?

icetomato      ( Date: 30-Nov-2010 21:51) Posted:

Maybe long... good time to short tomorrow ?

firewood      ( Date: 30-Nov-2010 21:36) Posted:

long or short? i am thinking of  shorting amtex tmr


 
 
Jfierce
    30-Nov-2010 21:51  
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i thought u swear off real trading until bull season?

bladez87      ( Date: 30-Nov-2010 21:50) Posted:

i am going to short amtex tmr with real ammo!

 

 
icetomato
    30-Nov-2010 21:51  
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Maybe long... good time to short tomorrow ?

firewood      ( Date: 30-Nov-2010 21:36) Posted:

long or short? i am thinking of  shorting amtex tmr


icetomato      ( Date: 30-Nov-2010 21:34) Posted:

I lost money in Olam. I'm going to earn back from Olam!



 
 
bladez87
    30-Nov-2010 21:50  
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i am going to short amtex tmr with real ammo!
 
 
Jfierce
    30-Nov-2010 21:49  
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BBs constantly try to manipulate the charts so TA can be wrong?

Gaecia      ( Date: 30-Nov-2010 21:47) Posted:

So in essence u mean BB trappings right?

iPunter      ( Date: 30-Nov-2010 21:44) Posted:



Although we talk here about being 'technical',

    one must realise that such chart-based reckonings

        only give one a reference point on which to act.

            It is not foolproof, especially in this age

                 in which everyone knows about TA.

                    Thus, 'bear traps' and 'bull traps' are also

                        easily encountered... Smiley


 
 
iPunter
    30-Nov-2010 21:48  
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For reasons of economy, I will not wait for 3.03 to short.

    I would rather place my order to short @  3.08 tomorrow... Smiley



Gaecia      ( Date: 30-Nov-2010 21:44) Posted:

Huh 3.05 no short (i mean for me), I will not short at the bottom of reversal channel shld it tick upwards. Already there was 3.24 one day last wk i should hav taken it when watching live, very gd entry point but it price went down very fast and never looked back. 

Olam's been testing this 3.05 support a few occasions since last wk and stubbornly did not break down. This should be the key support. My gut feel 3.03 will be the tipping point for selloff, time will tell soon.



iPunter      ( Date: 30-Nov-2010 21:25) Posted:

For Olam, ideally, 3.19 would be a very meaty and juicy price to short...

     but that is provided it goes up to that price.

        Just from the look of things,

           tomorrow will be the best time to enter a trade for this counter.

               Today, it closed @3.05

                   Many will definitely be shorting this one tomorrow.

                      But then, many will also buying @3.05.

                        In view of the present world situation,

                            I have preference for a short though...

                                but I will cut as soon as I am proven wrong... Smiley



 
 
Gaecia
    30-Nov-2010 21:47  
Contact    Quote!
So in essence u mean BB trappings right?

iPunter      ( Date: 30-Nov-2010 21:44) Posted:



Although we talk here about being 'technical',

    one must realise that such chart-based reckonings

        only give one a reference point on which to act.

            It is not foolproof, especially in this age

                 in which everyone knows about TA.

                    Thus, 'bear traps' and 'bull traps' are also

                        easily encountered... Smiley

 
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