Wow, so many of you are still actively trading in this weak market? I, for one, have already closed my trading positions for the Malaysian market for the CNY.
PM Corp has slipped below the 24 sen mark today. If this is not reversed in the next few days(based on closing price), the shark could be drawing a downtrend chart to collect, in line with the weak stocks market.
Wow Mike good for you. My swing skill not good at all so don't dare to swing trade. Just trying to q buy at much lower prices. If can get will keep and wait loh hehe....
Lee9fold, did u manage to buy today? Market sentiment very bad oh, be cautious bro. All sifus also turn defensive already... I plan to q buy but at much lower prices and will go slow first. Good luck to you..
Sharks are very smart. Yesterday, they painted red(a bigger drop). Today, they painted green(a smaller rise). But if we really compare both, they are still red, offset a little by today's green.
this counter had made many punters loss a fortune , even if go up a bit will not get people in again coz the volume is rather small. Better play mpay and Iris now...
Yes, this counter is never meant for the punters. If you really want to punt, please check the top 20 volume counters. But odds are better at casinos than the top 20 volume counters currently.
Ha! Ha! Winning is knowing when to stop(signboard warning statement at a casino).
Hi long tme no see :) Gung Hai Fat Choy Mike, Calvin, Hepitrade & Ayam Tua........
Wishing you, all the best in everything you do and building of a happy, new understanding & win-win friendships.
May you find, appreciate and piece together common & complimenting all your individually accumulated knowledge/info/foresight to arrive at a fruitful understanding where kakis can pocket ang pows throughout the new year at different time frames and market situations.
"Friend are beautiful as the are sincere, as they care and as they remember"
Attached is my greeting card selected specially for you and for this occasion.
Humbled, good news is it has moved back to the 24 to 26 sen trading range again, subject the further confirmation. Bad news is we may not be able to collect at a much lower price.
Humbled, just stay on the sidelines first to observe. There are still uncertainties in the markets, esp with regard to FED's decisions and emergering markets' currency rout. Anyway, we still have some shares to capitalise on the upside, if it really goes up. Either way, we are protected.
Did notice that although the buy queues are increasing they didn't trigger any strong buying probably because of coming holidays and if this continues after CNY we should see some good actions huhu.... will try again to collect some today hehe......
Humbled, based on my observation, this counter has not much selling at below 24 sen level. So, it is really up to the shark whether he wants to push it higher(27 sen is a strong resistance area). Even if he decides to do it, it will probably be after CNY and only when the trading environment turns favourable.
Ayeefk, you are most probably right. This counter's volume these few days has been really low. Most traders already stopped for CNY I supposed... so ya most probably after CNY...
Humbled, let's hear what parting speech Mr Bernanke is going to give to the market tonight. Stay tuned to CNBC at 2am tomorrow morning.
Ha! Ha! Whether there is going to be a post CNY rally will a lot depend on his parting speech and later, his successor, Ms Janet Yellen, of course not forgetting the efforts of sharks to ride on the positive market sentiments, if any.
Will probably wake up only before tomorrow's session to get the highlights of Mr Bernanke and successor's speech. Don't think can stay awake long enough at 2am.... Must be getting old hehehe....
I think lots of investors/traders must thank Mr Bernanke for creating the bull markets in the past few years. He will always be remembered in history for his part in the QE efforts, which a lot of emerging markets are now grappling with the after effects from QE tapering.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
timl
322 posts
Posted by timl > 2014-01-27 09:53 | Report Abuse
if u want to comment, please comment on the correct thread..