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SGX

you all are very brave,dare to wait untill T+4. I so chicken to cover back at 8.82. loss 200 bucks.

but this is much cheaper than the heart attack medicine........

viruz7667      ( Date: 03-Apr-2008 17:01) Posted: liao..naked short....lorries of rice gone....pray hard next week down...

 

may god blessss me.....next wed......

 

This kind of rallying must have some reason behind. Is there something going on with SGX? Or some news we don't know? Today the whole day this stock is way way way too bullish and it cannot purely be speculative. Any thoughts?

 

eventually did not press that activation button to naked short... too strong upside i personally think... will not try it even i have a lorry of gold man....

Hope Bro viruz7667    can tahan those impact... dun really look good for shorting on this... pray for best for u ok?



cheers

 

liao..naked short....lorries of rice gone....pray hard next week down...

 

so how's the situation now...broke 8.86liao...so tml will hit 9 anot...any tip?????heehee

 

it just broke the 8.85 mark.. now just have to wait see the final day price... what you all think will happen tomorrow?

viruz... i'm crossing my fingers for you..

 

Unless this this burger breaks the 8.85 in the next 20 minutes time. If not tomorrow will the shorties showtime. Looks to me that the bull is exhausting now. Let's see. Cheers!

 

me heart pain pain....monday i bog at $7.67...that very noon...it drop to $7.30...that day i let go at $7.42...now.....me heart pain pain.....i hate it....pui.....pui...pui....*wail....*

 

Still did not hit my target price of 8.88 Now in a postion whether to short anot... any good advise????

 

hand super itchy.. set there and just a press and iam a polar bear.. just a click away.... to be or not to be... ergh... hard to think properly

hahaha

 

 

bro, cut loss today lah! Leave some rice for tomorrow!

viruz7667      ( Date: 03-Apr-2008 16:01) Posted: havent lei...heartbeat fast...thinking if i should leave it till next week...naked short...

 

oh dear, another "accidental"....true or not or cannot bear to see losses!...hehehe. Yes, I think you are gonna lose lorries of rice comes Tuesday. Just pray hard that SGX crash in the next few trading days. Good luck dude...

1234567      ( Date: 03-Apr-2008 16:06) Posted: idesa168, i accidentially naked short yesterday @ $8.28 for 2 lots !! T+4 will be next Tuesday.  At current price, look likes i'm going to lose big $$$.

 

my heart beat fast for you bro!

and naked short.. is it worth the wkend heart pain? I naked short jcc before and i tell u.. worse 4 days ever. esp over wkend! dunno if go up or down. after that even if i lose $$ i rather just pay than have 4 more days of possible heart attack..

whatever way you go though bro, good luck!

viruz7667      ( Date: 03-Apr-2008 16:01) Posted: havent lei...heartbeat fast...thinking if i should leave it till next week...naked short...

 

seems like a lot of adrenaline rush for SGX...many anticipating a massive pullback...me too man`

 

idesa168, i accidentially naked short yesterday @ $8.28 for 2 lots !! T+4 will be next Tuesday.  At current price, look likes i'm going to lose big $$$. 

 

havent lei...heartbeat fast...thinking if i should leave it till next week...naked short...

 

Viruz, cut liao? I am worried for you leh...hehehe!!! Bollinger band is closing up and big price change is gonna happen soon. Dun take the risk with SGX, leave for tomorrow to fight. I will be going big time tomorrow if condition is good.

 

I understand the term of SHORT and NAKED SHORT this way: To SHORT means will cover back the same day. To NAKED SHORT is to leave the shorting after 5pm, not covering back. Yes, NAKED SHORT IS RISKY bcos CDP will buy back for you in T+4 and 2 bids higher. During these 4 days, you cannot do anything. I did once accidentally but fortunately I was not burnt, but made $1,000 at T+4, if not I was prepared to lost $150 on that shorting day. Well, if you are confident SGX will trend down from here, you can do the naked short, but please be warned that you cannot cut loss during these 4 days if the trend is against you. My suggestion: DON'T DO IT!

Hachi8      ( Date: 03-Apr-2008 15:37) Posted: Basically, if you sell the shares which you don't have, you are doing naked short.  Naked short is sell high and buy low subsequently.  The opposite of normal buying trading.  However, for naked short, you have to buy back the shares you have naked short on that very day or SGX will buy back for you on T+4 plus 2 bids higher.  Naked short is very risky.  Asked the polar bears and they will tell you how badly they were burnt lately.  Trade with care. brokenheartz      ( Date: 03-Apr-2008 15:19) Posted: thanks...but but...it's explain wat's CFD and even show how to short but but it say sell at 8.250 and buy at 8.450...????????? how's come...

 

Basically, if you sell the shares which you don't have, you are doing naked short.  Naked short is sell high and buy low subsequently.  The opposite of normal buying trading.  However, for naked short, you have to buy back the shares you have naked short on that very day or SGX will buy back for you on T+4 plus 2 bids higher.  Naked short is very risky.  Asked the polar bears and they will tell you how badly they were burnt lately.  Trade with care.

brokenheartz      ( Date: 03-Apr-2008 15:19) Posted: thanks...but but...it's explain wat's CFD and even show how to short but but it say sell at 8.250 and buy at 8.450...????????? how's come...