The Trading Floor - March 2018

Today is the 1st of March 2018... timely to remind snipers here that our immediate task is to buy the MAR LOWs of the 4 Musketeers.
Buy their LOWs and ride till end-Apr for their Results Cum Dividend Run.

Their FEB LOWs were:

Ascendas ... 2.54 (9 Feb)
Suntec ... 1.89 (22 Feb)
CCT ... 1.69 (23 Feb)
CMT ... 1.95 (15 Feb)

All are paying dividends in Apr except CCT.

 

Got mine at 2.60 & 2.59 too..... next quarter she is paying dvd for 2 Q right??

 

Next FOMC Meeting is on 20th and 21st March 2018.
We will know whether there is or isn't a rate hike only on 22 March 2018.
Between now and then, market will be moving sideways.
So Chicken Run Hunting Season is NOW ON.

I will be focussing on the 4 Musketeers and on the Elephant.

 

STOCK ALERT

Look into whether this is a window of opportunity to profit from the SHORT side.

 

Suntec...

BUY order at 1.93 filled.
That's Platoon 1.

 

Ascendas...

A sudden selldown.
And then stopped.
No follow up selling.
Forced selling of contra positions by a House or what?

 

Yup. The sudden selldown filled my order.

 

Matched out CCT at 1.75 during post-Lunch matching... Yipppeeee !!!

 

Bro Nb .. u got your Areit?

 

See my Signature for the XD date of all chickens raised in the backyard of our Chicken Academy.

 

Looking looking... but its CD soon ? .

 

If Futures become very red later, prices will retreat and that will open a window for us to bring out our bolas.

 

Jio you to buy some Dumbo.
Now 28.46 : 28.47.

 

Yes. This rebound is for those who dared to buy the dips to take profits.
This is their reward for showing they have balls to buy when there was price weakness.
This rebound is not for buying. Wait for the next opportunity to bare your balls.

But DBS could be a different story.
She is an uptrend stock.
She was doing a pullback.
Question now is... is she done with her pullback?
Or is she merely taking a break from pulling back and will resume later?
Her 20-ema is at 28.10. That is a safer place to buy.
But then again, strong stocks are known not to pullback all the way to their 20-ema becoz of queue-jumping
by over-enthusiastic bargain hunters.

Now 28.49 : 28.50.
This price action speaks alot about the strength of this bull stock.
She wont be at this price by the end of Mar 2018.

 

STI rebounded... but still I am not too comfortable to chase

 

morning snipers...

 

DBS...

It is 10.11am now. After 1 hr and 11 mins of trading, she is still at 28.48 : 28.49 and Day Low at 28.41 remains intact.
This must mean something.
So those of you who wants to do a BUY & HOLD for the long haul, you may want to chope your seat and buy some.

 

Musketeers also seeing bargain hunters not waiting to be filled but grabbing from the sellers.
Such are our neighbours' trading philosophy.

 

Wilmar...

Now 3.19 : 3.20... NABEH. Just now hesitated at 3.17 when there were very few buyers in the queue.