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Weeeee....another nice drop...suggest monitor one or 2 more days....if theres a drop next few days...I might again go bargain hunting for blue chips again for some quick bucks...good luck everyone...
tanglinboy,
On the contrary, I think today's correction is quite mild. Why? If you have been following the share prices, most of the counters are still above their Feb 28 prices.
will DOW be up or down...tonight....?
I think today's fall is worse than last week one. For last week, I noticed that the bulk of the correction occured in the morning but it recovered in the afternoon.
But today's fall seems to be gradually gaining momentum.
Different people will do all of these... :)
What do you do in a situation like this.
1. do nothing( paralysed)
2.cut loss
3 turn of your computer and sbc text
4. buy puts
5 wait for margin call
6.hope and pray for market rebound
7.average down.
Answer -trade with stops real ones and not mental stops as you will change your mind
Newmoon seems to have been on the right track all this while... :)
Hmm... wonder what will happen to the STI when the European bourses will open this afternoon? Nikkei continues to loose steam, it's down 522 pts with the Yen gaining 1.18. Hang Seng is down 521 pts.
Another 270 pts to go, that will last the whole of this week plus may be next monday.
today's fall may wipe out the gains in the last few days.
newmoon,
you do study alot of astrology huh? very cheem indeed.
wah, hang seng down 540, nikkei down 493. but I still put in to buy a few counters at -6 bids prices. tikam tikam lah, but don't think can get also.
what does Pi day means?
The devastating C wave has just begun and it will last longer than the a wave correction and bring the index below the a wave low of about 3050.
By the way today is the official pi day for thse who believe in the pi business cycle.
By the way today is the official pi day for thse who believe in the pi business cycle.
The last selldown due to the China market and Yen carry trade has shown that bargain hunters do come out in full force.
Didn't the market climb back thereafter ?
Dow and Nasdaq may likely recover tonight.
Know the psycho behind it.
Aniticipate .....
can consider to use some spare cash to buy some call warrant via DCA method now .... go the reverse of the majority.. i think the 150sma for DOW is a strong support even if broken, the 200sma is there to provide support for wave C dip..
Yahh.. thk, heaven is on ur side...save ur-self not to burn ur finger.
| teeth53 Elite |
Posted: 14-Mar-2007 09:23 |
 x 0  x 0 |
Last round fall, margin call hav't settle yet by many ppl's, this time more depth calling, securities house has to be more very careful liao, just my tot |
jackjames,
Strange indeed. I don't think POEMS has full knowledge of your complete portfolio in your CDP.
not sure if the trading system be down today....