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SGX

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idesa168
    03-Apr-2008 15:30  
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Very good....I run laio @8.74, lost $40 brokerage for today. I think tomorrow will be a big day for me if this fellow go higher and higher...hehehe...cheers!....virus, you cut already? Bless u
 
 
brokenheartz
    03-Apr-2008 15:19  
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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...
 
 
cyjjerry85
    03-Apr-2008 15:05  
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i just randomly pick a brokerage firm with CFD ...u see their website explanation on CFD can get a clearer view...

http://www.cmcmarkets.com.sg/en/content/cfd/what_is_a_cfd.jsp 



brokenheartz      ( Date: 03-Apr-2008 14:56) Posted:

thanks...but wat's CFD....now dun have any lot of sgx...btw i'm using ocbc...means that i can now sell at $8.78 then...later must buy back at lower price is it?? thanks

 

 
idesa168
    03-Apr-2008 15:04  
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support line at 8.71. Might rebound from here. If broken, LS all the way to 8.58
 
 
brokenheartz
    03-Apr-2008 15:02  
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thanks...btw wat's CFD...

thanks
 
 
viruz7667
    03-Apr-2008 15:01  
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maybe close $8.6 today? hmmmmm...pls come down la...enuf of up
 

 
cyjjerry85
    03-Apr-2008 15:01  
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argh...bro nick...unable to wait for ur reply le...went ahead to short Semb Corp at $4.34...going quite fast down suddenly again...hope to get some small profits out of it

cyjjerry85      ( Date: 03-Apr-2008 14:37) Posted:

nicky....sidetrack abit...was wondering if can short Semb Corp? very long never see it go up so super duper high already...$2.52 seems to be next resistance...intra day highest at $4.43...quite some flucuations and big buy ups...but noticed last fews days a lot of sell downs..today totally different with the market environment...

can short Semb Corp? thanks in advance for advising`  



nickyng      ( Date: 03-Apr-2008 14:34) Posted:

wah bro! u r my hero siah !! nowadays...SHORT SGX my legs will shiver !! hey!! no pain no gain har? if hit 8.88 will SHORT it down...hee

:D

cheers !

eyeing at SYNEAR now again...hee



 
 
e-bird
    03-Apr-2008 14:59  
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ocbc no CFD.

means u just click "sell" when you submit your order even if you don't have the share.

it just means you have to buy back before 5pm unless you try your luck with SGX which is risky cos they buy back 2bids higher than that days' last doen price.



brokenheartz      ( Date: 03-Apr-2008 14:56) Posted:

thanks...but wat's CFD....now dun have any lot of sgx...btw i'm using ocbc...means that i can now sell at $8.78 then...later must buy back at lower price is it?? thanks

 
 
e-bird
    03-Apr-2008 14:57  
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can anybody explain what "others" mean under buy/sell for a trade

its either buy or sell right but sometimes also got "others". what is this? SGX today got a lot of orders under "others"
 
 
brokenheartz
    03-Apr-2008 14:56  
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thanks...but wat's CFD....now dun have any lot of sgx...btw i'm using ocbc...means that i can now sell at $8.78 then...later must buy back at lower price is it?? thanks
 

 
idesa168
    03-Apr-2008 14:56  
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To buy or sell share, u click on the radio button buy or sell. To short means to sell first before buying in anticipation that the share price will drop later, then you buy back and make the difference. If you are a new to this "game", soak yourself into stock buying first before trying the shorting. This is bcos the shorting needs to buy back at the end of the day. If you long (Buy) the shares, you have up to T+3 to pay up or contra. Hope it helps.

brokenheartz      ( Date: 03-Apr-2008 14:47) Posted:

sorri...i mean...how to short the sgx...i never try b4...newbie here...i onli know how to buy the stock...but really no ideas how to short it...thanks.

 
 
cyjjerry85
    03-Apr-2008 14:53  
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brokenheartz...in order to short a counter...u just click "sell" first instead of "buy"...example: u "sell" SGX at $8.80 then when the price goes lower to $8.75, you click "buy"....remember to tick the contra box yea...

hmmm...personally when I short a counter...i use CFD (Contract-For-Difference)...its kinda safer...because if you contra short it, you will have to cover back within that day itself...if not Singapore Exchange will buyback for you after a few days at 2 bids higher that moment's price...



brokenheartz      ( Date: 03-Apr-2008 14:49) Posted:

anybody????thanks.

 
 
e-bird
    03-Apr-2008 14:51  
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to short is to sell a share you might have or don't have first and buy back later. If not using CFD (under philips) than its naked short whereby you MUST buy back the share you sold before the end of day closing.

 

IF NOT, SGX will buy in.. and how that happens.. got alot of other posts to explain...



brokenheartz      ( Date: 03-Apr-2008 14:44) Posted:

hi, can anyboby tell me how to short?? thanks...

 
 
brokenheartz
    03-Apr-2008 14:49  
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anybody????thanks.
 
 
brokenheartz
    03-Apr-2008 14:47  
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sorri...i mean...how to short the sgx...i never try b4...newbie here...i onli know how to buy the stock...but really no ideas how to short it...thanks.
 

 
brokenheartz
    03-Apr-2008 14:44  
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hi, can anyboby tell me how to short?? thanks...
 
 
cyjjerry85
    03-Apr-2008 14:37  
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nicky....sidetrack abit...was wondering if can short Semb Corp? very long never see it go up so super duper high already...$2.52 seems to be next resistance...intra day highest at $4.43...quite some flucuations and big buy ups...but noticed last fews days a lot of sell downs..today totally different with the market environment...

can short Semb Corp? thanks in advance for advising`  



nickyng      ( Date: 03-Apr-2008 14:34) Posted:

wah bro! u r my hero siah !! nowadays...SHORT SGX my legs will shiver !! hey!! no pain no gain har? if hit 8.88 will SHORT it down...hee

:D

cheers !

eyeing at SYNEAR now again...hee



idesa168      ( Date: 03-Apr-2008 14:31) Posted:

shorted another lot 8.76. If run up to 8.85, I run road lah....dun play play with this mad horse.


 
 
nickyng
    03-Apr-2008 14:34  
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wah bro! u r my hero siah !! nowadays...SHORT SGX my legs will shiver !! hey!! no pain no gain har? if hit 8.88 will SHORT it down...hee

:D

cheers !

eyeing at SYNEAR now again...hee



idesa168      ( Date: 03-Apr-2008 14:31) Posted:

shorted another lot 8.76. If run up to 8.85, I run road lah....dun play play with this mad horse.

 
 
viruz7667
    03-Apr-2008 14:33  
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lai lo lai lo
 
 
idesa168
    03-Apr-2008 14:31  
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shorted another lot 8.76. If run up to 8.85, I run road lah....dun play play with this mad horse.
 
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