Let's talk stocks & IPO
- Thread starter ipoh-horfun
- Start date
Re: Let's talk stocks & IPO
shd be taking profits for today and yesterday trade. dun wanna risk over the weekend.
methinks its a short rebound. institutions are not buyin in today, only retailers confidence restored by last night DOW.
think bottom shd be 2960-3060..if this breaks, longterm downtrend le
shd be taking profits for today and yesterday trade. dun wanna risk over the weekend.
methinks its a short rebound. institutions are not buyin in today, only retailers confidence restored by last night DOW.
think bottom shd be 2960-3060..if this breaks, longterm downtrend le
ipoh-horfun
Well-Known Member
Re: Let's talk stocks & IPO
sti 3250 must hold or else.......
sti 3250 must hold or else.......
Centurion9990
Well-Known Member
Re: Let's talk stocks & IPO
Time to buy MYR? 2.5099
Time to buy MYR? 2.5099
Last edited by a moderator:
toiletsiao
Well-Known Member
Re: Let's talk stocks & IPO
solid price for sci
kenntona;1003720 said:
solid price for sci
toiletsiao
Well-Known Member
Re: Let's talk stocks & IPO
Bo green.... Zzzzzhetraa;1006891 said:
Re: Let's talk stocks & IPO
By Christopher Tan Senior Transport Correspondent
June 25 (Straits Times) -- THE Downtown MRT Line 2, which will link Singapore's north-western corridor to the new Marina
downtown by 2015, is likely to be delayed because a main contractor has gone bust. Austrian builder Alpine Bau, which was working on the line's King Albert Park, Sixth Avenue and Tan Kah Kee stations, filed for insolvency last week after a failed restructuring plan. Industry players said the most optimistic outcome would be a six-month slowdown.
See SMRT's chart. Ripe for a 50% short to 1.405, if breaks, adds to shorts?
By Christopher Tan Senior Transport Correspondent
June 25 (Straits Times) -- THE Downtown MRT Line 2, which will link Singapore's north-western corridor to the new Marina
downtown by 2015, is likely to be delayed because a main contractor has gone bust. Austrian builder Alpine Bau, which was working on the line's King Albert Park, Sixth Avenue and Tan Kah Kee stations, filed for insolvency last week after a failed restructuring plan. Industry players said the most optimistic outcome would be a six-month slowdown.
See SMRT's chart. Ripe for a 50% short to 1.405, if breaks, adds to shorts?
Re: Let's talk stocks & IPO
Kenntona
chartwise,
this may-june period seems similar to 2008 may -june period..where theres a few rebounds, and after that it crash after major shortselling.
do u think it might happen this time round?
Kenntona
chartwise,
this may-june period seems similar to 2008 may -june period..where theres a few rebounds, and after that it crash after major shortselling.
do u think it might happen this time round?
kenntona;1007736 said:
Re: Let's talk stocks & IPO
The set-up is different this time. It is post a multi-month decline.
Back then, it was against a 5-6 mth uptrend.
But take notice of the way it trades after a long period of consolidation - spiked up and sell-down, broke below range.......
hetraa said:
The set-up is different this time. It is post a multi-month decline.
Back then, it was against a 5-6 mth uptrend.
But take notice of the way it trades after a long period of consolidation - spiked up and sell-down, broke below range.......
Re: Let's talk stocks & IPO
For stocks or FX/Futures?
There is no single methodology for all traders, or investors, against various asset classes and across multiple timeframes. I don't believe in one-size-fit-all technique for all practitioners, given varying risk profiles. I learnt a bit from V3Go and T3B, but I think I learnt more from Ray Barros and Tom DeMark from a broader-based approach.
Even the likes of Elliott and Bollinger, I find limitations and shortcomings in application, intepretation and execution. But some principles are helpful in forming the bigger picture.
Personally, I pulled and plugged all I have learnt into a model which formed a matrix of 6 parameters - direction, trend, levels, range, odds and momentum to decide on my positions.
In many circumstances, I ended up NOT trading given the conflicting signals of some of these parameters. That in itself, I find, is a skill many practitioners do not understand. The art NOT to engage, when the peer pressures are overwhelming.
And in infrequent circumstances, I have ended up profitable on both LONG and SHORT trades on the same name - sort of a calendar spread strategy.....
hetraa said:
For stocks or FX/Futures?
There is no single methodology for all traders, or investors, against various asset classes and across multiple timeframes. I don't believe in one-size-fit-all technique for all practitioners, given varying risk profiles. I learnt a bit from V3Go and T3B, but I think I learnt more from Ray Barros and Tom DeMark from a broader-based approach.
Even the likes of Elliott and Bollinger, I find limitations and shortcomings in application, intepretation and execution. But some principles are helpful in forming the bigger picture.
Personally, I pulled and plugged all I have learnt into a model which formed a matrix of 6 parameters - direction, trend, levels, range, odds and momentum to decide on my positions.
In many circumstances, I ended up NOT trading given the conflicting signals of some of these parameters. That in itself, I find, is a skill many practitioners do not understand. The art NOT to engage, when the peer pressures are overwhelming.
And in infrequent circumstances, I have ended up profitable on both LONG and SHORT trades on the same name - sort of a calendar spread strategy.....
Re: Let's talk stocks & IPO
for stocks...
personally i find stochastics, macd, rsi quite lagging indicators,
prefer price action, volume, trendlines, prior highs and lows, candlesticks(not very accurate too)
and im not sure if v3go,sgx swinger, gonna teach me what i already know, or some secret formula...
for stocks...
personally i find stochastics, macd, rsi quite lagging indicators,
prefer price action, volume, trendlines, prior highs and lows, candlesticks(not very accurate too)
and im not sure if v3go,sgx swinger, gonna teach me what i already know, or some secret formula...
kenntona;1008029 said:
Re: Let's talk stocks & IPO
Agree wholeheartedly with the indicators you have mentioned.
Take for instance, in a massive (volume) and acute (steep) selldown scenario, very often it is accompanied by macro news. Some of these events can be structural, and the damage to the market can last for a long time. Those indicators like MACD, Stochastics and RSI are all useless. But on the right side of the V-shape curve, the shape of these indicators will help to decide on the sizes of bets. It helps in execution, not overall reading.
For portfolio views, it takes a bit of research.
For trading views, I think most of us can get 60-70% of the trade correct. But that's not the trick. The trick is to get these 60-70% of the trades very profitable, and at the same time make sure that those 30-40% of the scratched/losing trades, the losses are minimal. That is not easy for many.
hetraa said:
Agree wholeheartedly with the indicators you have mentioned.
Take for instance, in a massive (volume) and acute (steep) selldown scenario, very often it is accompanied by macro news. Some of these events can be structural, and the damage to the market can last for a long time. Those indicators like MACD, Stochastics and RSI are all useless. But on the right side of the V-shape curve, the shape of these indicators will help to decide on the sizes of bets. It helps in execution, not overall reading.
For portfolio views, it takes a bit of research.
For trading views, I think most of us can get 60-70% of the trade correct. But that's not the trick. The trick is to get these 60-70% of the trades very profitable, and at the same time make sure that those 30-40% of the scratched/losing trades, the losses are minimal. That is not easy for many.
