The Trading Floor - September 2015

Discussion in 'The Trading Floor' started by Amator, Sep 1, 2015.


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  1. lexanne

    lexanne Well-Known Member

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    Thanks, sis Luna!
     
  2. nottibird

    nottibird Moderator

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    Nice one there.
    August was a tough month.
    To be able to make 6K in that month is a feat.
    CONGRATS.
     
  3. lexanne

    lexanne Well-Known Member

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    Don't have 10k eggs lah, but I have erased my losses for Aug by 6k.
     
  4. nottibird

    nottibird Moderator

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    If inactivity in the market is something you cannot deal with and you are tempted to trade,
    I suggest you do realistic paper trades. The outcome of your paper trades will tell you whether
    you are ready to put money on the table. If you are not ready, meaning, you keep getting the
    direction wrong, you will be very glad those are only paper trades.
     
  5. nottibird

    nottibird Moderator

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    SingTel monkey Sibeh Chake Ark.
    If want to whooosh... wait for a push to fizzle out.
     
  6. nottibird

    nottibird Moderator

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    Guys,

    Market is still whipsawing.
    Changing direction at will and without warning.
    LONG die SHORT also die.
    This kind of market, capital preservation is best.
    Because when the market has finally bottomed out and is the best time to buy,
    you will have no more money to buy. Your money will be stuck in stocks bought
    higher. That is, if you keep tikaming now.

    I read this somewhere...in the stock market, its not just BUY, SELL and HOLD.
    CASH... is also a position.
     
  7. DeepBlue

    DeepBlue Well-Known Member

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    Flavour of the day : O&M
    Sweet.
     
  8. lexanne

    lexanne Well-Known Member

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    I had whooshed Botak. Singtel looks good to whoosh too.
     
  9. DeepBlue

    DeepBlue Well-Known Member

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    Fear will come when Jenny speaks.
     
  10. nottibird

    nottibird Moderator

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    What's cooking, Your Majesty?
     
  11. nottibird

    nottibird Moderator

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    Har Mi Lung here got crystal bola to T-loan?

    I wanna see where are the 3 banks, SIA and SingTel at the end of September.
     
  12. lexanne

    lexanne Well-Known Member

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    Good morning, snipers! :daisy:
    Whooshed Botak at 19.68.
     
  13. nottibird

    nottibird Moderator

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    2928 now.

    The FEAR we saw last week... is not there.
    Just the usual weak sentiments.
    But no fear.
    I guess to some extent, that selldown last week created some sort of capitulation where
    those who wanted to sell at all costs have done so.
    And those who want to sell today are those who are either taking profit having picked the
    LOWs correctly last week or those who chased too late into the rebound and are cutting loss.
     
  14. plutus2

    plutus2 Well-Known Member

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    Good morning.
     
  15. nottibird

    nottibird Moderator

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    Dow Futures -227.
    European Futures also all red.
     
  16. Luna

    Luna Well-Known Member

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    Morning all !!!!
     
  17. DeepBlue

    DeepBlue Well-Known Member

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    STI, possibly 2800 region
    if CNY PMI and US PMI weigh.
     
  18. summer

    summer Well-Known Member

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    Good Morning September, and be nice to sniper
     
  19. nottibird

    nottibird Moderator

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    UOB Kay Hian - 31 Aug 2015


    Innovalues (IP SP, 591)
    Technical SELL with 15.6% potential returns
    Last price: S$0.67
    Target price: S$0.565
    Protective stop: S$0.755
    SELL with a target price of S$0.565 and stops could be placed at S$0.755. The price of the stock is likely to retrace after a potential tweezer top was formed near the middle Bollinger band. The immediate downside target could be near its lower Bollinger band after the 14-period RSI has hooked down below a reading of 50.
    Expected timeframe: 2 weeks
     
  20. nottibird

    nottibird Moderator

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    Thank you, Dai Lole and Good Morning.

    Good Morning Snipers.

    August has been an ASSHOLE month for many of us.
    Words like bleeding, ICU, ambulance, blood transfusion, NABEH and Kan Ni Na... hampalang all come out.

    Hope the month of September is nicer to all of us.
    The market needs to make up her mind what she wants to do first.
    If want to drop, get it over and done with.
    If not sure where she wants to go, then at least settle down into a nice range.
    That's fine with us too. The chicken traders here can have a good time.
    Its when the market suddenly makes a major shift without warning and
    drops alot which traps us all high and dry forcing us to LOON or cut.
    Just a deeper than usual correction and the bull will continue running?
    Or the start of a Bear Market where stocks are still in search of their real bottom?

    The picture will become clearer only by end of September. Unfortunately.
     
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