Xmas rally for s-chip

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11 years 2 months ago #13203 by Bryan
Replied by Bryan on topic Re:Xmas rally for s-chip
thanks Cheongwee.
 
today chinataisan hit the stop limit of 0.058.  i re-enter with a smaller position at 0.056.  looking at setting stop limit at 0.053.  
 
what's your read on asti and informatics? asti seems to hold well but regardless, will continue to set stop limit for all my counters.
 
btw, whats your view on eratat?  fundamental seems good but technical seems weak.  
 
once again, many thanks

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11 years 2 months ago - 11 years 2 months ago #13205 by cheongwee.
Replied by cheongwee. on topic Re:Xmas rally for s-chip
I think heaven must have been with me, I read the px action correctly, i took big position on index and make big money.
Today, i also make big money on Ntegrator and WE holding.
BUT I MUST STILL FORWARM YOU THAT THE REAL CORRECTION HAVE YET TO BE. IT WILL STILL COME.BUT THAT IS NOT NOW. I BELEIVE WE WILL SEE A NEW ALL TIME HIGH BEFORE ALL HELL BREAK LOOSE. SOMETIME AFTER END OF FEB, MAYBE, I WILL UPDATE AS USUAL.
now for the penny.
informatic.
enter if brk 134, stop loss at 128, 1st tg px is 146, next 160.
 
chinaNtown
buy only if it brk 10.5 tomolo, stoploss 9.1, 1st tg px 12.5 , next 14.5

this one is bullish.
Two very important poinst to observe strictly,
1) never play more than 3 counter at any one times, becos of restriction , which may pop up anytimes and becos penny could gap down fast.
2) nothing new, stop loss must be follow to the dot, no bargain when hit, carry it out.
may u be well
 
 
 
 
Last edit: 11 years 2 months ago by cheongwee..

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11 years 2 months ago #13206 by cheongwee.
Replied by cheongwee. on topic Re:Xmas rally for s-chip
peace
informatic i posted, now ASTI
ASTI
this one is bullish and strong counter
actually, at 80 was an entry, but since this is a bullish counter, 85 also a buy.
stop loss at 76, ist tg px, 88, 98, 120, 1809longer time frame 2 to 3 mths.
may u porpser

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11 years 2 months ago - 11 years 2 months ago #13207 by cheongwee.
Replied by cheongwee. on topic Re:Xmas rally for s-chip
Why buy share ? to make money, then why not make more money, and fast. why go long to see value.
There is no such thing as a good stock or bad stock.
A stock is good if it make you big money.
look, i have sino grandness and TT int and rowsley, sino have value, it make me money one bagger only, the other 2 are no so good fundamnetal, but in profit wise , just TT int alone bag me a few hundred % gain, not yrs , some in days and weeks, not even month..
can i say these are lousy stock?
Never ever look at the value in any counter, the demand and supply of a counter is far more important than the value.
what so good abt value when ppl are not willing to buy higher? you wait till your fallen asleep.
today u see Ntegrator, and WE holding, they are in demand, and ppl are willing to buy high and higher.
we can go on arguing abt this, but in the end, the stock that make the most money is the most valuable stock.
so your take, TT int, informatic, chinaNtown or your pillow stock, sino grandness and or chinaMinzhong.
FYI, i m ready to short these 2 in the next correction to dow 13000.
hope you can join me.
 
Last edit: 11 years 2 months ago by cheongwee..

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11 years 2 months ago #13215 by cheongwee.
Replied by cheongwee. on topic Re:Xmas rally for s-chip
Shd we buy today for mid cap. i say NO. except for penny in play. why?
Because mkt cannot even and try hard to stay bv opening, and see today whether it end abv opening if not then wait.
Why cannot buy? I though buy cheap and low and sell high? But if the supply are more than demand, than px will have to come down later, so what is the logic of buying.
cheap can get cheaper later.
mkt work on supply and demnad, just like any other trade or commodities.
mkt dont care abt value.
Then why the top 20 are mostly junk? you tell me???
supply and demand lead value.
But doesn't value lead to more demand, yes of course, but if the general mkt think that shit is worth $500 per lot, who are we to tell them ,it is not, it is shit that they are buying.
never argue with the mkt, thus the saying go. "follow the trend, the trend is your friend."
go against it , sis sure way to lose opportunity and money.
ma you be well.

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11 years 2 months ago - 11 years 2 months ago #13216 by cheongwee.
Replied by cheongwee. on topic Re:Xmas rally for s-chip
Shd we buy today for mid cap. i say NO. except for penny in play. why?
Because mkt cannot even and try hard to stay abv opening, and see today whether it end abv opening if not then wait for dow direction.
Why cannot buy? I though buy cheap and low and sell high? But if the supply are more than demand, than px will have to come down later, so what is the logic of buying.
cheap can get cheaper later.
mkt work on supply and demnad, just like any other trade or commodities.
mkt dont care abt value.
Then why the top 20 are mostly junk? you tell me???
supply and demand lead value.
But doesn't value lead to more demand, yes of course, but if the general mkt think that shit is worth $500 per lot, who are we to tell them ,it is not, it is shit that they are buying.
never argue with the mkt, thus the saying go. "follow the trend, the trend is your friend."
goes against it , is sure way to lose big opportunity and big money.
ma you be well.
Last edit: 11 years 2 months ago by cheongwee..

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