Investment Talk

[silversurfer2012]

Any comments on Genting SP for intraday or very short term trading?

 

Buying is still very strong, someone is accumulating or controlling the stock. Its ok for intra day trading in my opinion.

[silversurfer2012]

Let me know if you're keen. I hook u up with CIMB prop trading team

 

Thanks... will let you know if i ever want to.

[joekia]

Buying is still very strong, someone is accumulating or controlling the stock. Its ok for intra day trading in my opinion.

 

 

Careful when u say stuff like that... We all know who're the players behind these stocks but but but... No one is controlling it la.

[silversurfer2012]

Careful when u say stuff like that... We all know who're the players behind these stocks but but but... No one is controlling it la.

 

I know what I am saying and its an open secret that this counter has an operator behind it. D**.. Haha

Edited September 10, 2011 by silversurfer2012

[silversurfer2012]

Dow was hammered down hard yesterday and it seems an erratic market with a downside bias is here to stay for the short-mid term. As usual defensive stocks should hold up well but a drop is still expected. Top buy for telcos and in particular starhub if it dips to below 2.50 should the market free fall. M1 given it's shareholding structure might also be a take over target, looking to buy some if it drops to an attractive level. Top shorts..hmmm As usual this is my personal opinion and should not be taken as an investment advice, if in doubt, seek a professional opinion.

 

Good luck everyone!!!

[iknowuwanthislah]

SH to

i seriously doubt it.

but, of coz, if it does, it'll be good =)

[silversurfer2012]

SH to

i seriously doubt it.

but, of coz, if it does, it'll be good =)

 

Thats why i said only if market free fall.

[Throttle]

laying low for the time being.

[Throttle]

took profits on some Ascendas $2.14 power!

[econbizer]

Hi all... anyone trade simsci / hang seng here?

Can share some tips on how to trade them? esp hang seng.. f**king monster..

[Throttle]

Hi all... anyone trade simsci / hang seng here?

Can share some tips on how to trade them? esp hang seng.. f**king monster..

 

you need a lot of feeling for hangseng......

 

feeeeeeelllliiiinnnnnngggg..... better than any TA or FA....hah

[econbizer]

Lol.. my feeling not zai enough leh.. everytime see that b*tch falling like siao think to self.. so low liao cannot buy?? then that b*tch show you lower. Then the next time I think reverse psychology.. b*tch still falling... cannot buy might go lower.. then she trend reverse for me to see..

I can't even trade the loser in me.

 

Hang seng is an enigma to me. "The beast"

 

 

you need a lot of feeling for hangseng......

 

feeeeeeelllliiiinnnnnngggg..... better than any TA or FA....hah

[CSV]

haha, just take it as fate. maybe HSI doesn't want you in the market? but sometimes you need discipline going into this, staying with your decision. when to buy and when to sell, is a totally different matter altogether.

[silversurfer2012]

Lol.. my feeling not zai enough leh.. everytime see that b*tch falling like siao think to self.. so low liao cannot buy?? then that b*tch show you lower. Then the next time I think reverse psychology.. b*tch still falling... cannot buy might go lower.. then she trend reverse for me to see..

I can't even trade the loser in me.

 

Hang seng is an enigma to me. "The beast"

 

Please only trade hang seng index if you have time. The warrants move up and down in a flash compared to the boring sti. I trade hsi warrants base on TA where i use 10 second chart to a 1 minute chart. The index momentum also plays a part. I try to trade where every 10-15 index point movement on the HSI index translate to $100. HSI moves 100-500 points everytime making it very risky to trade it if you don't have the time or a cut loss strategy.

[silversurfer2012]

I dont bother much with simsci or warrants on sti cause they are outright boring. Can fall asleep watching it move.

[econbizer]

power.. nice to hear that it's possible to trade that b*tch. I'll get her on day. Now for simsci, es and stocks first.

heard of tick charts? may make oscillators clearer for reversal/ with trend entries.

[silversurfer2012]

power.. nice to hear that it's possible to trade that b*tch. I'll get her on day. Now for simsci, es and stocks first.

heard of tick charts? may make oscillators clearer for reversal/ with trend entries.

 

Don't waste your time on ES, its a failed product by sgx.

 

SIMSCI be prepared to have at least $60,000 to buy 1 contract. A cheaper alternative would be to buy SIMSCI warrants, it tracks the underlying SIMSCI index and is cheaper upfront.

[silversurfer2012]

I rely on intraday candlestick charts, not really into tick charts, so far so good.

[silversurfer2012]

I would be out of town till next week. Good luck all!

[silversurfer2012]

One final note... market is very very and i would say extremely bearish. Do not start a long position, short whenever there is a rebound. Short-mid term, i expect a break-down in the sti to happen real soon. If you see a day or two where sti is green, please dont be happy and start your long positions. But also, please do your own homework. I won't be looking at market for these few days and market conditions can change rapidly so i won't have any first hand info to post here.

 

I hope im wrong about all these, but based on my past calls, you guys decide. We'll see what happens when i return to sg next week.

 

Good luck everyone!

[Throttle]

Currently a very sentiment driven market.

Little thought on basics. De-risking is on most minds.

I am going to hold out for a moment but there is still huge liquidity and it will come back into the market.

Got to be there when it happens.

[GuiNNeSS]

Released a big portion of my portfolio on Singtel while the price was still good. At least I have more rounds......Got to look away from the market for quite some time, too painful to watch even though all my positions are for long term.

[Seventh Son]

I gave up, decided to cut losses, joined the panic selling this morning. Felt so much better that the money is back in my pocket now amidst all the uncertainty globally. I am outta the game... For a while.

[kmax]

http://mysingaporenews.blogspot.com/2011/09/horse-is-sick.html#links

 

 

 

 

The horse is sick.

 

It was a strong and healthy horse. The owner saw the great potential in

this animal. He had great plans for the horse to run in all the great

derbies across the world, Singapore, Hongkong, Dubai, American, Australian,

English etc, to be a champion among the best of race horses.

 

The best international trainer and manager were hired to groom this horse.

World class vets, dieticians, the best diet, drugs and stimulants were

injected into the horse. A well planned training regime and the best

computer programmes to monitor its progress. The best and finest of

everything money can buy were bought for the horse.

 

For a while things looked promising. The horse was lean and trim, looking

more like a race horse. The bets were good and winnings started to roll in.

International syndicates were brought in to raise the bets. Big dreams and

big time gambling and big egos were fanned.

 

Then everything started to go wrong. And the horse fell sick, very ill. The

punters lost everything and lost interests as well as their capital. The

international syndicates also started to lose interests as the winnings got

smaller. Their investments were big and they expected big returns. But with

all the punters packing their bags after losing everything they had, there

was nothing left for the pickings.

 

What went wrong? Actually it was too obvious. Everyone knew what went wrong

except the owner. Even the international manager and trainer knew what was

wrong from the start. But they were paid well and tried their best, but not

telling the owner. Or maybe they too believed that they could do wonders to

the horse.

 

It was never a thoroughbred to start with. It was a strong and sturdy work

horse, a farm horse. It would work hard in the farm and be very productive

in its own way and at its own pace. It could never race with the best in

the world. It could not take the drugs and the regimes of a race horse.

 

The name of the horse is SGX.

 

In the last few sessions, the trading volume has dropped to a level never

seen before. It was scary. The investors are fleeing or have gone hiding.

They could not win in a system that favours the big players and their

machines. Small innocent men are no match against machines. They lost and

lost and lost. So were the remisiers trying to trade against the high speed

computers.

 

The next victim would be the brokerage. Their overheads are high.

Management, staff, rentals, hardwares, all cost money. The miserable

trading volumes would not be able to support their overheads. Retrenchment

and downsizing are imminent.

 

The big players and the machines will find it no longer lucrative to be in

the market when there is a dearth of investors. They can’t justify their

presence without the comparable income and winnings from the market. They

will quit for greener pastures.

 

The listed companies will find it meaningless to see their shares become

penny stocks, practically worthless and unable to raise funds from the

market. There is no point paying the listing fee to be in a cheap stock

market. It is a matter of time before they start to delist from the

exchange as well.

 

New IPOs will have problems finding takers. The valuation will be low and

not worth listing. Even if they are successful in listing, the shares would

soon become penny stocks.

 

The other big losers will be the two great sovereign funds. The values in

their blue chip holdings too will go dwindle like any other stocks.

 

Can the sick horse be nursed back to health? The toll for indiscretion and

megalomanic dreams are high. The infrastructure and supporting base of

small investors are badly hurt and near to ruins. The industry is at a

point of self destruct.

 

Whither the SGX? Who is killing this workhorse?

Posted by Chua Chin Leng aka redbean at 8:23 AM

[Seventh Son]

http://mysingaporenews.blogspot.com/2011/09/horse-is-sick.html#links

 

 

 

 

The horse is sick.

 

It was a strong and healthy horse. The owner saw the great potential in

this animal. He had great plans for the horse to run in all the great

derbies across the world, Singapore, Hongkong, Dubai, American, Australian,

English etc, to be a champion among the best of race horses.

 

The best international trainer and manager were hired to groom this horse.

World class vets, dieticians, the best diet, drugs and stimulants were

injected into the horse. A well planned training regime and the best

computer programmes to monitor its progress. The best and finest of

everything money can buy were bought for the horse.

 

For a while things looked promising. The horse was lean and trim, looking

more like a race horse. The bets were good and winnings started to roll in.

International syndicates were brought in to raise the bets. Big dreams and

big time gambling and big egos were fanned.

 

Then everything started to go wrong. And the horse fell sick, very ill. The

punters lost everything and lost interests as well as their capital. The

international syndicates also started to lose interests as the winnings got

smaller. Their investments were big and they expected big returns. But with

all the punters packing their bags after losing everything they had, there

was nothing left for the pickings.

 

What went wrong? Actually it was too obvious. Everyone knew what went wrong

except the owner. Even the international manager and trainer knew what was

wrong from the start. But they were paid well and tried their best, but not

telling the owner. Or maybe they too believed that they could do wonders to

the horse.

 

It was never a thoroughbred to start with. It was a strong and sturdy work

horse, a farm horse. It would work hard in the farm and be very productive

in its own way and at its own pace. It could never race with the best in

the world. It could not take the drugs and the regimes of a race horse.

 

The name of the horse is SGX.

 

In the last few sessions, the trading volume has dropped to a level never

seen before. It was scary. The investors are fleeing or have gone hiding.

They could not win in a system that favours the big players and their

machines. Small innocent men are no match against machines. They lost and

lost and lost. So were the remisiers trying to trade against the high speed

computers.

 

The next victim would be the brokerage. Their overheads are high.

Management, staff, rentals, hardwares, all cost money. The miserable

trading volumes would not be able to support their overheads. Retrenchment

and downsizing are imminent.

 

The big players and the machines will find it no longer lucrative to be in

the market when there is a dearth of investors. They can’t justify their

presence without the comparable income and winnings from the market. They

will quit for greener pastures.

 

The listed companies will find it meaningless to see their shares become

penny stocks, practically worthless and unable to raise funds from the

market. There is no point paying the listing fee to be in a cheap stock

market. It is a matter of time before they start to delist from the

exchange as well.

 

New IPOs will have problems finding takers. The valuation will be low and

not worth listing. Even if they are successful in listing, the shares would

soon become penny stocks.

 

The other big losers will be the two great sovereign funds. The values in

their blue chip holdings too will go dwindle like any other stocks.

 

Can the sick horse be nursed back to health? The toll for indiscretion and

megalomanic dreams are high. The infrastructure and supporting base of

small investors are badly hurt and near to ruins. The industry is at a

point of self destruct.

 

Whither the SGX? Who is killing this workhorse?

Posted by Chua Chin Leng aka redbean at 8:23 AM

 

Excellent read!