SGX    Last:15.46    -0.16

SGX

any one ready to short this in the first minute????

 

My view is that , without adversed news fr US and the global markets, there is potential for STI to go up trend this week. Henceforth, long is better than short for tomorrow trading.

 

I am still waiting for $5.10

 

see under the thread: "recommendation" ...posted by fellow forumer tweety...

see last week recommendation by brokerage houses....

• DMG target price $6.60 in 6-12 months (Neutral)...

• OIR target price $8.20 (previous $11.20)

• Macquarie target price $6.90 (previous $10.20)

 

sow ill this counter be a shortist paradise??? should be right? May join in the fun... cheers... sorry to those invested in this....

 

best regards

 

The local bourse cannot ignore the US market forever, infact I am betting that it could sink, law of averages, of course lots of investors will be in trouble, but then it could prove healthy correction and prove rewardin for some...

 

Look like we can't use the conventional stock market logic to deduce the trend leow, esp under such volatile market.

My six sense alerted me that STI will gain ground, if DJ don't give unexpected bad news for next few weeks. Plus China market don't slump over the next few weeks.

 

BB can drive the price either way and either way they profit...but really what better stock to profit from than SGX. Noticed the price dropped from $9 plus to $6 plus within two weeks....many short sellers profit from this while investors get hit and Questioning what went wrong....

Likewise, when BB starts pushing up SGX from rock bottom price, the opposite holds true for investors this time round and short sellers get burnt...however, SGX managed to climb to $7.75 only, barely hit the $8 mark, technical rebound???

Think next week the party is over...hee..hee..

happy hunting.. 

 

Can someone please short SGX to 5$ .. i've been waiting to pick it up at that price for so long .. :( .. bless you folks!

 

Hi Jason,

If you had been shorting while I posted shorted in the last 3 days, I am sure you are cursing yourself by now, and hope you dun curse me...hehehe!!! The Polar Bears had been on the loosing streak last week. However, if you followed us 2 weeks ago, yes you should be happy then. Hence the verdict is, we are 50/50 right and wrong. If it's 50/50, why dun you bet on your own luck...hehehe!!!

Window dressing...not a confirm event, just speculation! SGX was at $16 and dropped to $6.00. This was the work of mkt sentiment, investors loosing confidence and dump. But the BBs are main responsible party for the big drop. If they can push the price down to $6, I am sure they will be able to drive price up again with the little bit of good news, and if there are no news they create one lah...so window dressing!

So dun get caught by the BB and they will not hesitate to undress you...LOL!!!

jasonrxz      ( Date: 28-Mar-2008 20:58) Posted: Hi to Idesa and nicky..... On monday dun u guys think that there will be one more round of window dressing before a profit taking sdession or vice versa...   My own humble opinion is that either first half profit taking or the other half.... there were trends since last few months...   What u guys think? I will join in to short as i did whenever u guys posted and did earn a few round before..thks... cheers

 

 

nick...can update us when SGX cover back for you? juz kpo abit la...paisae* but also concern la..it take courage to naked short

nickyng      ( Date: 28-Mar-2008 14:26) Posted: wah..this wan i terok man...2x at 7.53 naked short...seow liao next wk...better pray hard for me ! :P thking of contra SYNEAR leh..hee... *never learn hee*

 

Hi to Idesa and nicky.....

On monday dun u guys think that there will be one more round of window dressing before a profit taking sdession or vice versa...

 

My own humble opinion is that either first half profit taking or the other half.... there were trends since last few months...

 

What u guys think? I will join in to short as i did whenever u guys posted and did earn a few round before..thks... cheers

 

LOL...quite true that there is no guarantee in the Dow Futures, just an indication on the start of the trade. But we are playing with probability here leh.

Take for an example, a game of black jack. If open first card is 10s, chances of getting black jack is 4/52 (figures round up), as there are only 4 aces in a deck. If the first card opened is an ace, chance of black jack is 12/52. The chance/probability is suddenly increased by 3 folds.

Coming back to the DOW Futures, if the Futures is very green in the afternnon, say 230 point, chances of closing in the green is very much higher than if afternoon the Futures is 200+ Red. There was only once when Dow Futures in 800+ points RED but closed green....the time when US on holiday and SG rogue trader who lost billion of dollars for the banks, the Futures was -800 pts. Then FED stepped in and gave a surprise cut, DOW closed in the green.

Here we are talking about probability. There is no right and no wrong. Winning $$ is the paramount of all that matters...hehehe...Cheers!

cyjjerry85      ( Date: 28-Mar-2008 17:21) Posted: many of us used to look into the US Futures...but as what Fairygal had mentioned...as of lately...the futures are no guarantees at all...the futures often only predict the opening nia green or red Fairygal      ( Date: 28-Mar-2008 17:18) Posted: Anything is still possible with DOW tonight.  Somehow, the DOW fut is not so zhun nowadays....can change in half a minute anytime. Nicky, all the best!

 

Nick, you have my support here.

Just look at the chart of SGX, how many white bars did you see? Plenty right. The stock price do not travel in straight line. It must be a mixture of white and black. I am sure in the next few trading sessions, there will be more black bars painting the chart.

I had been unsuccessfully arrest this beast, but always when it hit the support line, it just bounced off. And this had been happening for over 6-8 time now. I am sure it will skid soon and fall below the support line and way down under.

4 times of shorts and 2 times of long, I made $$ only in the long and fail in ALL the shorts in the last three days...sigh! Just 2 weeks ago, I just short like there is no tomorrow and made $$ in ALL the shorts. I even made $$ when I accidentally left my shorting open at the end of the day (naked short). So I think you will have the same luck too. Cheers!

 

hee...hv a nice wkend folks !

let's fight the battle again next Mon !!

CHEERS !!

...in a battle...u win some...u lose some....BUT!! i will like to win MORE ! :D

 

when u think market is going down...it goes the opp way...tmd!....

 

many of us used to look into the US Futures...but as what Fairygal had mentioned...as of lately...the futures are no guarantees at all...the futures often only predict the opening nia green or red

Fairygal      ( Date: 28-Mar-2008 17:18) Posted: Anything is still possible with DOW tonight.  Somehow, the DOW fut is not so zhun nowadays....can change in half a minute anytime. Nicky, all the best!

 

Anything is still possible with DOW tonight.  Somehow, the DOW fut is not so zhun nowadays....can change in half a minute anytime. Nicky, all the best!

 

Gahn gahn test the market. Unloaded half at 7.89 and keep half for next Mon. Got beer money leow.

My Kepcorp and SPC done well today, but still reach my cost price yet. Hope for the best loh next week loh. Cheers, wish all to have a nice weekends.