Lets go re-test 1350 support
STOCK MARKET DISCUSSION V99, Don't miss out buying time
STOCK MARKET DISCUSSION V99, Don't miss out buying time
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Sep 30 2011, 04:06 PM
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#101
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DMC also said don't hold over the weekend this morning
Lets go re-test 1350 support |
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Sep 30 2011, 04:21 PM
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#102
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Sep 30 2011, 04:25 PM
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#103
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Sep 30 2011, 04:37 PM
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#104
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Sep 30 2011, 04:44 PM
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#105
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Sep 30 2011, 04:52 PM
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#106
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Sep 30 2011, 05:07 PM
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#107
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Sep 30 2011, 08:19 PM
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#108
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QUOTE(danmooncake @ Sep 30 2011, 07:25 PM) All my leading indicators went off bizarre way Thurs evening after US market closed. (it was weak up market despite Dow gain 143 pts - clearly window dressing). Therefore, I decided to cash out for the weekend after almost 90 pts gain from the lows of Monday. I'm about 10 pts short of my exit price but better to lock in profits than to see them evaporates with unexpected event on Monday. The biggest uncertainty is about to unfold from China. Last minute pullback up to close almost unchanged. Think we have may second chance to retest 1400. Or test the other way around I certainly like to see the bulls to take it higher 'coz there's not much money to be made from here at this level for bears. At US market (much higher volatility), I'm all hedge with puts protection for my remaining longs. Good luck to all.. I'm taking the family to a nice meal. All the best on Monday This post has been edited by simonc: Sep 30 2011, 08:21 PM |
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Sep 30 2011, 09:05 PM
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#109
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Lets read news...
As usual after the good ones, come the bad news... US STOCKS-Futures lower as China manufacturing contracts http://www.reuters.com/article/2011/09/30/...panyNews&rpc=43 Futures Plunge on Global Growth Jitters http://www.thestreet.com/_yahoo/story/1126...=FREE&cm_ite=NA Stock futures lower as China manufacturing still weak http://finance.yahoo.com/news/Stock-future...nV0dXJlcw--?x=0 Crude Oil Heads for Its Biggest Quarterly Decline in New York Since 2008 http://www.bloomberg.com/news/2011-09-30/c...since-2008.html Feds probe triggers Chinese tech stock tumble http://www.theregister.co.uk/2011/09/30/doj_chinese_firms/ This post has been edited by simonc: Sep 30 2011, 09:10 PM |
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Oct 3 2011, 08:43 AM
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#110
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QUOTE(fastreader @ Oct 3 2011, 08:41 AM) Personally doubt that q. Baiting ikan bilis Added on October 3, 2011, 8:49 amGreece confirms it will miss deficit targets Written by Reuters Monday, 03 October 2011 07:39 ATHENS: Greece will miss 2011 and 2012 budget deficit targets set by the EU and the IMF, according to figures published by the finance ministry on Sunday after the cabinet adopted the draft 2012 budget. The budget deficit will reach 8.5 percent of GDP this year, missing a 7.6 percent target. It will be brought down to 6.8 percent of GDP next year but will still miss the bailout target of 6.5 percent of GDP. "Three critical months remain to finish 2011, and the final estimate of 8.5 percent of GDP deficit can be achieved if the state mechanism and citizens respond accordingly," the Finance Ministry said in a statement. – Reuters This post has been edited by simonc: Oct 3 2011, 08:49 AM |
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Oct 3 2011, 09:12 AM
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#111
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Oct 3 2011, 10:44 AM
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#112
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Oct 3 2011, 10:57 AM
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#113
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Oct 3 2011, 01:13 PM
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#114
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Oct 3 2011, 01:16 PM
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#115
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Oct 3 2011, 01:27 PM
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#116
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QUOTE(Bonescythe @ Oct 3 2011, 01:19 PM) Yea.. A short paragraph from Jesse Livermore book.Do u know resting is one of crucial component in a battle plan? In a war, sometimes we need to :- Attack in a guerrilla method - Nimble stage by stage, average down, or average up as long as plan is intact. Attack in force - Good amount of firing. Heavy armed, fire more than normal. Attack in full force - All out firing method. Leverage on all financial tools available to capture the best profits. Loans, mortgage, margin, warrants. Retreat - Putting a stop loss, cutting loss first before letting damage eating deeper. Cut loss doesn't mean lose already. It is lose first, plan again to win later. Rest - Do nothing, watch and analyze and wait for the golden opportunity. It is stupid to go out a field where bullets are flying all around. You will only get yourself shot in a bad manner. Golden opportunity comes when one side is reloading, rearming. Rest doesn't means sleep.. But get ready to catch any opportunity when it strikes. Be on guard. My current mode -> Rest mode. On guard, analyzing enemy movement and pace. Once opportunity comes, seize it and make a fast counter attack before hiding back when enemy comes back for another round of firing. That led him to his second conclusion, that no one could or should trade the market all the time. There were times when a trader should be out of the market, in cash, waiting. |
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Oct 3 2011, 05:04 PM
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#117
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No need guess la. Tonight see DJ enough
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Oct 4 2011, 08:28 AM
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#118
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Oct 4 2011, 09:17 AM
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#119
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Oct 4 2011, 09:23 AM
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#120
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KLSE really sleeping...
Look at STI, Nikkei and even Korea. |
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