Let's talk stocks & IPO
- Thread starter ipoh-horfun
- Start date
Scg8866t
Banned.
Re: Let's talk stocks & IPO
You will love it when you are cash rich and not when you are filled with stock positions
Great Singapore Sales may finally be here soon...
However RSI at 23 looks like an oversold situation. US futures +45. A possible temporary rebound tmrw.
kenntona;1000158 said:
You will love it when you are cash rich and not when you are filled with stock positions
Great Singapore Sales may finally be here soon...However RSI at 23 looks like an oversold situation. US futures +45. A possible temporary rebound tmrw.
Last edited by a moderator:
Re: Let's talk stocks & IPO
On the position part, it depends. Most people mixed up time horizons, and between trading and investment. If I am laden with positions since STI @ 2700-3000, why should I be afraid?
It is all about (1) entry levels AND (2) timeframe. If you are playing the longer-term game, this selldown does not change the greater scheme of things.
Of course, if the positions were entered lately, there should be an exit strategy based on shorter timeframe play assumptions. If the investment horizon is still longer term, and that outlook/fundamentals/assumptions have NOT change, then there is nothing to worry about.
Scg8866t said:You will love it when you are cash rich and not when you are filled with stock positions
On the position part, it depends. Most people mixed up time horizons, and between trading and investment. If I am laden with positions since STI @ 2700-3000, why should I be afraid?
It is all about (1) entry levels AND (2) timeframe. If you are playing the longer-term game, this selldown does not change the greater scheme of things.
Of course, if the positions were entered lately, there should be an exit strategy based on shorter timeframe play assumptions. If the investment horizon is still longer term, and that outlook/fundamentals/assumptions have NOT change, then there is nothing to worry about.
seanskye
Well-Known Member
Re: Let's talk stocks & IPO
Maybe a few big boys had to raise cash to fund their XMMs' GSS budgets.
P.S. look at USD and gold!
Scg8866t;1000163 said:You will love it when you are cash rich and not when you are filled with stock positions
However RSI at 23 looks like an oversold situation. US futures +45. A possible temporary rebound tmrw.
Maybe a few big boys had to raise cash to fund their XMMs' GSS budgets.
P.S. look at USD and gold!
ipoh-horfun
Well-Known Member
Re: Let's talk stocks & IPO
who is big boy here?
who is big boy here?
Re: Let's talk stocks & IPO
Poor entry AND poor exit strategy.
Remember the typical retail mentality? Buy a micropenny (intended for contra-trade), kenna whipsaw, refused to cut, ended up in a denial mode "never mind, buy and keep lor." In a secular bull market, they could well be subsequently bailed out, not because they are correct, but they are lucky. The same cycle continues until they kenna a big loss.......
One should never mix up the cycles & timeframes.
Ironically, had Temasek followed such retail mentality, they would have been bailed out.....
rodders said:
Poor entry AND poor exit strategy.
Remember the typical retail mentality? Buy a micropenny (intended for contra-trade), kenna whipsaw, refused to cut, ended up in a denial mode "never mind, buy and keep lor." In a secular bull market, they could well be subsequently bailed out, not because they are correct, but they are lucky. The same cycle continues until they kenna a big loss.......
One should never mix up the cycles & timeframes.
Ironically, had Temasek followed such retail mentality, they would have been bailed out.....
Re: Let's talk stocks & IPO
They had no choice but to bail out Olam in their rights issue cos if they don't and Olam really tanked, the public outcry will echo till 2016. They then arm twisted Olam into cutting back on all their free spending. Hahahaha
hetraa;1000313 said:
They had no choice but to bail out Olam in their rights issue cos if they don't and Olam really tanked, the public outcry will echo till 2016. They then arm twisted Olam into cutting back on all their free spending. Hahahaha
Re: Let's talk stocks & IPO
True, alot of stuckists out there with pennies like innopac, singhaiyi, gblyellowpages, lorenzo, magnus. some are victims of pump and dump. just dont be the last to carry the baton.
in todays markets, best to do just intraday trade n close positions at 5pm. but refining the entry and exit is a must.
good FA midcaps and high dividend yield blue chips are best for longterm.
True, alot of stuckists out there with pennies like innopac, singhaiyi, gblyellowpages, lorenzo, magnus. some are victims of pump and dump. just dont be the last to carry the baton.
in todays markets, best to do just intraday trade n close positions at 5pm. but refining the entry and exit is a must.
good FA midcaps and high dividend yield blue chips are best for longterm.
kenntona;1000184 said:
Re: Let's talk stocks & IPO
Looking to sell AUD/JPY above 93.00 today. Market is targeting the 200 DMA at about 91.60.
Nikkei has gone into bear market. Will look to sell USD/JPY on bounce. Market is targeting about 93.60 (38.6% fibo)
Looking to buy GBP/USD again on dips.
Looking to sell AUD/JPY above 93.00 today. Market is targeting the 200 DMA at about 91.60.
Nikkei has gone into bear market. Will look to sell USD/JPY on bounce. Market is targeting about 93.60 (38.6% fibo)
Looking to buy GBP/USD again on dips.
Scg8866t
Banned.
Re: Let's talk stocks & IPO
Oversold situation, first green candle. support turn resistance at 3200. Have to wait another two days to confirm support or else could be another dead cat bounce.
View attachment 51180
Oversold situation, first green candle. support turn resistance at 3200. Have to wait another two days to confirm support or else could be another dead cat bounce.
View attachment 51180
