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7961-7980 of 10484
Too risky to hold many counters at this volatile period. Vested at 0.855 but cut loss today at 0.825 to easy my mind first.
i will be back again.
As at this point in time, looks like forming an inverted hammer.
Definition of "Inverted Hammer" copied from "Candlestick Charting Explained by Gregory L. Morris", pg 40 to 42:
It is a bottom reversal candle. It occurs in a downtrend and represents a possible reversal of trend.
If the next day (ie. Mon) opens above the inverted hammer's body, a potential trend reversal will cause shorts to be covered which would also perpetuate the rally. Similarly, an Inverted Hammer could easily become the middle day of a more bullish Morning Star pattern (pg 56)
Haha...hope to collect some if can drop below 0.80.
richtan is basing his interpretation on the charts.. we'll see how it goes from here..
risktaker ( Date: 02-Oct-2009 10:35) Posted:
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Zhou Yu will prove you wrong :)
If you think the correction is only 1 day :) haha good luck
The lowest price for august/september is 0.81, the uptrend is still intact as the 65ema to 200ema is still uptrending and price still within the uptrend channel though the centreline had been violated.
bennykusman ( Date: 02-Oct-2009 10:17) Posted:
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ristaker,
i have to admit, at last u are right about the support price...conratz
risktaker ( Date: 02-Oct-2009 10:22) Posted:
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remember what i say - about support price :) just be cautious
bennykusman ( Date: 02-Oct-2009 10:17) Posted:
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im entering soon at this price if hit 0.82.. not much but at least im happy to enter the 0.82 price.. anyone remember the lowest price in midas for august/september ? is it 0.805 ?
Richman ( Date: 02-Oct-2009 09:47) Posted:
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Still can wait...
No hurry to jump in now...
richtan ( Date: 30-Sep-2009 14:58) Posted:
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Good luck to u, but may probably be like dangling a carrot on a pole tied to your neck, tempting u but out of reach, makes u salivating, gian gain. lau how soi
Pretty good trick you did Zhou Yu :) Well done
Not if hes been unloading since 2 days ago :)
tankuku ( Date: 02-Oct-2009 08:28) Posted:
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If BB unload then correction with down tren cannot be avoid.
Trade with cautious
Yes, Midas has strong fundamentals too. It is smart to go into joint venture with Chinese companies. Don't be panicky. China is a huge market. Good sense will prevail and be patient - you will see your money grow.
alyl21 ( Date: 01-Oct-2009 17:51) Posted:
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as reiterated, MIDAS does have a sound business. I analyzed its financials, statements look healthy. In other words, at the current price level, MIDAS look like a good instrument for the next 6 months.
诸葛亮说“周瑜不是不让midas上而是时程未到。”
真是妙阿
好局，周公
周公is the ultimate winner
keepnosecrets ( Date: 01-Oct-2009 16:13) Posted:
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Walau, must send SOS for assistance to get a good fisherman. This fish really big and stubborn throwing out too much when someone buy 86 cts, he will throw 85.5.