Latest Forum Topics /
SingTel
Last:4.34
+0.13
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Genting SP Next Move
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wavehunter
Supreme |
12-Mar-2018 10:49
Yells: "Trade what you see, not what you hope to see." |
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Now 3.39 : 3.40. She is looking good becoz other than at around 9.10am when there were some throw-downs at 3.38 which could also be from the bigger retail players taking profits, I didnt see any throw-downs in really big lots of 600 to 1200 lots. And that' s a good sign. Bravehearts who queue now at 3.39... if the Katek Monkey has left the room, you will make an extra 4 cts when she recovers to 3.43.  Cautious hearts should wait till sellers at 3.43 is cleared before you buy.    But between now and 3.43 if those selldowns in big lots reappear, then all bets are off and it is back to the waiting game for the Katek Monkey to leave the driver' s seat. |
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ToyotaCamry
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12-Mar-2018 09:53
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Oops I mean monkey abandons the ship.. | ||||
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voucherhunter
Supreme |
12-Mar-2018 09:53
Yells: "What you see may not be real; what is real you may not see." |
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Collected my McDonald voucher today from Mr Market for CCT and UMS. Huat ah! | ||||
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ToyotaCamry
Member |
12-Mar-2018 09:52
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I can redeem voucher from Singtel at 3.41. Should i do that then wait money really abandon the ship and reload Singtel gao gao? 😁 | ||||
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wavehunter
Supreme |
12-Mar-2018 09:28
Yells: "Trade what you see, not what you hope to see." |
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Take your shot well, then. CONGRATS. And remember to reload on dips or put on your running shoes and chase if she wants to revisit her Last High at 29.71. Now 28.64 : 28.65 after touching HIGH at 28.66.
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ToyotaCamry
Member |
12-Mar-2018 09:16
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I am thinking to redeem the mealvoucher today :-)
Thanks again, for the guideline given last week by General Wave
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wavehunter
Supreme |
12-Mar-2018 09:10
Yells: "Trade what you see, not what you hope to see." |
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DBS... CONGRATS to those who bought at 28.02 to 28.09. Opened at 28.40 and ran up to kiss 28.49. Looks like 27.85 was the end of the price correction from Last High of 29.71. Profit taking will see the price pulling back from today' s HIGH. When this pullback ends, add some. |
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wavehunter
Supreme |
12-Mar-2018 09:05
Yells: "Trade what you see, not what you hope to see." |
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Opened at 3.37. Now 3.37 : 3.38. I am waiting to see if the Katek Monkey comes out to whack the buyers at 3.37 and 3.36. If dont have, that' s an encouraging sign. The level to watch is 3.43 though.   |
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wavehunter
Supreme |
10-Mar-2018 12:13
Yells: "Trade what you see, not what you hope to see." |
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And thats the truth, the whole truth and nothing but the whole damn truth about how the stock market works. When smart money wants to buy cheap, they need sellers to throw. How to make them throw? Spread bad news and whack the price down at the same time. Falling prices is a very strong motivator. It will make people come out to throw. The tipping point is to create enough fear and uncertainty in a nobody knows what the f< beep> is going on chaotic situation such that it triggers the " Sell first and ask questions later" phenomenon. And we get a selldown. During the selldown, smart money buys quietly. After that, the market will rebound a little from oversold conditions and thenlevel off and move sideways whilst market watchers debate whether the worst is over or is on its way. That is when smart money continues to buy quietly in the background. Then when smart money has fully loaded up and it is time to distribute, to sell, they need buyers. How to make people buy? Paint a rosy picture with news and reports. At the same time, they start buying more aggressively causing prices to rise quickly in a way visible to market watchers. Rising prices is a strong motivator too. Not wanting to be left behind, people start chasing prices at the high, And we get a nice rally. During this rally, smart money distributes in the background to every buyer. The early buyers who took the greatest risk will have a profit window to get out. Late buyers who waited for more confirmation that the rally is real paid the highest prices at the tail end of the rally and become stuck when prices stopped rising. Welcome to the stock market.
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ToyotaCamry
Member |
10-Mar-2018 10:12
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Haha, true enough.
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Starship
Supreme |
10-Mar-2018 10:03
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And then all the BBs will make the market correct again by flooding all financial and news sites with experts/analysts commenting how this will skyrocket inflation and overheat the economy and the Fed will speed up the interest rate hikes and the long-overdue crash is finally in sight, blah blah blah.  And after successfully inducing a correction, they' ll do the reverse. This time getting experts/analysts to say the fear was unfounded and there' s no risk of market crashing and the bull market has more legs to run, blah, blah blah. Wash, Rinse, Repeat.  It' s all manipulated to profit from retail investors.    
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ToyotaCamry
Member |
10-Mar-2018 09:51
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The Dow surged 441 points, or 1.8%, after the Labor Department reported that the economy gained 313,000 jobs in February. The Nasdaq closed at a record high, gaining 1.6%, and the S&P 500 climbed 1.4%.... | ||||
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wavehunter
Supreme |
09-Mar-2018 23:47
Yells: "Trade what you see, not what you hope to see." |
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When there is a Monkey in the driver' s seat, what the chart says and what technical indicators say are totally irrelevant. The only thing which matters is whether the Monkey is still in the driver' s seat. If he is, then which direction is he heading? And whether he is done with what he set out to do.  If the Monkey is SHORTing and he is still SHORTing, the stock will continue to fall or stay down, depending on whether the Monkey SHORT just enough to keep the price down or to hammer it lower. A Monkey is not going to look at technical indicators and say... " Oh dear, the RSI is oversold... Stochastics is bottomish... MACD is flat and about to turn up... so I better stop SHORTing and start covering becoz the chart says so." The Monkey no heck care what the chart says. All the Monkey cares about is to do  whatever he needs to do to win and if that means to SHORT the price down even though RSI is extremely oversold and Stochastics is very bottomish, then SHORT down the stock he will. Monkeys dont do what chart says. The chart is drawn at the end of each  trading day to plot out what the Monkey did on that day. So the truth, the whole truth and nothing but the truth is that the chart is drawn by the Monkey. That being the case, why should Monkeys follow the chart ?    Charts follow the Monkey' s action. Not the other way round.  Which is why when there is a Monkey in the driver' s seat, it makes no sense whatsoever to refer to technical indicators and say the stock will be rising or falling soon. The correct thing to do is to look at the price action to see if he has stopped SHORTing or whether he is still at it. Based on price action alone, I can say that if the price can recover to 3.43 : 3.44 and hold its ground, then we have an 80% probability that the Monkey has left the room. The next session if the price breaks above 3.44 to trade higher, that' s our confirmation that the worst is over and happy days are here again.
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sfnssie
Member |
09-Mar-2018 22:04
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SingTel (z74) has been showing support at 3.30 and resistance t 3.516. Bullish corssover in Stochastic oscillator.  The RSI is rising and in the bullish zone with the MACD also moving higher, according to s g x . s t o x l i n e. | ||||
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gluestick
Member |
09-Mar-2018 20:46
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Google says TPG will only start operation after Dec 2018 in singapore  
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mrscoop
Member |
09-Mar-2018 18:00
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Sorry, newbie here.. If im not wrong TPG is set to start operations ~ mid 2018, but till now close to mid 2018 alr i still dont see any advertisment or promotions or any signs of starting ops...  Anyone knows whats going on? |
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lollibob
Master |
09-Mar-2018 17:20
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Good progression 335 break through, maybe katek tgif forget to hammer us. Must see early Monday session alr | ||||
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Shampain
Veteran |
09-Mar-2018 17:19
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I think a King Kong reply to kartek this 2 words. " UP YOURS" | ||||
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supernewbie88
Senior |
09-Mar-2018 16:04
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Ah ok, will do that! Thanks wave and Michael, appreciate your responses! | ||||
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MichaelSchenker
Master |
09-Mar-2018 16:01
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I believe you are referring to Market Depth. Sad to say, you will have to subscribe. Call the helplines of your broking firm, surely they will be glad to help you, afterall it is potential business for them.
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