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oceanus, crazy movement

 

All Glove counters are trending down, sunset categories.
 

wavehunter      ( Date: 03-Mar-2021 10:03) Posted: Go to Riverstone thread to repost your entire post there. Before you step in, wear body armour, helmet, knee guard and face shield.  When you see how toxic that thread is, you will appreciate what we have here. There....say what you sincerely feel and if it is what they want to hear, they will sing praises of you. If it isn' t, you become trampled on, spat on and rolled over into luncheon meat.  Its very farnie and cartoon and comical when you think of it. There...lots of stuckists all stuck high high at 1.59 to 2.00 and some even higher. Even if you are lying thru your testicles and dont believe an ounch of what you say when you say Riverstone is a super doopy good counter which will blast off back to 2.00, the people there will cheer you, agree with you, salute you and you become an instant hero. So long as you say bullish things about this stone, the stuckists there will love you. Becoz they are stone deaf to any other comments which they do not wish to hear. They will accuse you of talking down the stock becoz you are looking to buy cheap and you are fear mongering to scare weak hands to sell to you. They will call you a shortist...a this...a that...anything bad they will call you..... anything but a Brompton fan and owner.    TikTalk      ( Date: 03-Mar-2021 09:10) Posted: " not forgetting we often realise months later that a stock has peaked or bottomed." Just went through these glove stocks again and they are getting hit badly again in recent times, then memory of  what I wrote during 17th November period came to mind. WYOB

 

uncle wave, need to have gamestop warriors??

wavehunter      ( Date: 03-Mar-2021 10:03) Posted: Go to Riverstone thread to repost your entire post there. Before you step in, wear body armour, helmet, knee guard and face shield.  When you see how toxic that thread is, you will appreciate what we have here. There....say what you sincerely feel and if it is what they want to hear, they will sing praises of you. If it isn' t, you become trampled on, spat on and rolled over into luncheon meat.  Its very farnie and cartoon and comical when you think of it. There...lots of stuckists all stuck high high at 1.59 to 2.00 and some even higher. Even if you are lying thru your testicles and dont believe an ounch of what you say when you say Riverstone is a super doopy good counter which will blast off back to 2.00, the people there will cheer you, agree with you, salute you and you become an instant hero. So long as you say bullish things about this stone, the stuckists there will love you. Becoz they are stone deaf to any other comments which they do not wish to hear. They will accuse you of talking down the stock becoz you are looking to buy cheap and you are fear mongering to scare weak hands to sell to you. They will call you a shortist...a this...a that...anything bad they will call you..... anything but a Brompton fan and owner.    TikTalk      ( Date: 03-Mar-2021 09:10) Posted: " not forgetting we often realise months later that a stock has peaked or bottomed." Just went through these glove stocks again and they are getting hit badly again in recent times, then memory of  what I wrote during 17th November period came to mind. WYOB

 

Go to Riverstone thread to repost your entire post there.
Before you step in, wear body armour, helmet, knee guard and face shield. 
When you see how toxic that thread is, you will appreciate what we have here.
There....say what you sincerely feel and if it is what they want to hear, they will sing praises of you.
If it isn' t, you become trampled on, spat on and rolled over into luncheon meat. 
Its very farnie and cartoon and comical when you think of it.
There...lots of stuckists all stuck high high at 1.59 to 2.00 and some even higher.
Even if you are lying thru your testicles and dont believe an ounch of what you say when you say Riverstone is a super doopy good
counter which will blast off back to 2.00, the people there will cheer you, agree with you, salute you and you become an instant hero.
So long as you say bullish things about this stone, the stuckists there will love you. Becoz they are stone deaf to any other comments
which they do not wish to hear. They will accuse you of talking down the stock becoz you are looking to buy cheap and you are fear
mongering to scare weak hands to sell to you. They will call you a shortist...a this...a that...anything bad they will call you..... anything
but a Brompton fan and owner. 
 

TikTalk      ( Date: 03-Mar-2021 09:10) Posted: " not forgetting we often realise months later that a stock has peaked or bottomed." Just went through these glove stocks again and they are getting hit badly again in recent times, then memory of  what I wrote during 17th November period came to mind. WYOB TikTalk      ( Date: 17-Nov-2020 21:39) Posted: For example, Top Glove tried $3.18 three times between 7th August till 19th October but cant break above even without vaccine news. But now 2 companies has announced vaccines with above 90% efficacy, therefore how to make new high for its uptrend to continue? All those orders till 2021 or 2022 could end up as inventories for 2023 onwards, I am guessing, unless vaccine trials suddenly stop due to safety issues, even then eventually herd immunity could be achieve or humans has to live with it like many other diseases/viruses without cure to date.  Technically, if one look at the weekly chart, in the last 13 weeks there were only 2 up weeks on a closing basis. This is a significant  change from March 2020 to August 2020 when you can see more up weeks and less down weeks. Therefore question is if Top Glove or other counters has or has not already fully priced ahead, not forgetting we often realise months later that a stock has peaked or bottomed. Think its time to ask some questions as to how you think Covid stocks can continue its uptrend. What does it takes to continue to be bullish in this sector? Counter trade with care if this turn out to be bear for this sector.

 

ok, buy haw par ... : )

halleluyah      ( Date: 03-Mar-2021 09:32) Posted: can use tiger balm too fr stopping double itch...am using it...  Brownbear      ( Date: 02-Mar-2021 16:44) Posted: My itchy hands full of Mopiko cream

 

can use tiger balm too fr stopping double itch...am using it... 

Brownbear      ( Date: 02-Mar-2021 16:44) Posted: My itchy hands full of Mopiko cream. wavehunter      ( Date: 02-Mar-2021 16:02) Posted: Ascendas.... opened at 2.97. Traded up to touch 2.99. Now back ay Day Low 2.96 : 2.97. MLT....same same... opened at 1.87. Didnt go higher. Traded down to Day Low at 1.83. Now 1.83 : 1.84. Like I said below...so what IF Dow rallied more than 600 pts ? If people are still not buying your counter, your counter wont rise. If people are still selling your counter, your counter will fall. Your counter will find a bottom not when Dow is UP or DOWN by a certain number of points. Your counter will find a bottom when there are no more sellers regardless of whether Dow is up or down.

 

raf med looks u-turning down....

 

Dow -143.
Futures -47.

Let' s see if we are back to the days of the bull crying " Woof !!!" or if the real wolf is nearby hiding in the bush with his pack of wolves.
But meantime, what I said yesterday holds true.
Your chosen counter.... if people are still not buying or worse...selling... do whatever you need to do to stop your itchy finger.
Got money no worry got no stock to buy.
Entry price is very very very important.
Take Ascendas.... prior to her results, she was at 3.12 to 3.15 for a very long time.
If you had bought there.... now you wish you didnt.
Next Pit Stop around 3.04 to 3.09. She was there for a very long time. Some of you bought.
Now you wish you didnt.
Then when 3.00 was tested and she hovered at 3.00 to 3.05.... that was another time some would had bought.
After that 3.00 broke and she showed us 2.96 to 2.99.
And now 2.93 to 2.97.
Just be patient and wait on.
2.88 ?
2.78 ??
2.68 ???

 

" not forgetting we often realise months later that
a stock has peaked or bottomed."

Just went through these glove stocks again and they are getting hit badly again in recent times, then memory of 
what I wrote during 17th November period came to mind.

WYOB

TikTalk      ( Date: 17-Nov-2020 21:39) Posted: For example, Top Glove tried $3.18 three times between 7th August till 19th October but cant break above even without vaccine news. But now 2 companies has announced vaccines with above 90% efficacy, therefore how to make new high for its uptrend to continue? All those orders till 2021 or 2022 could end up as inventories for 2023 onwards, I am guessing, unless vaccine trials suddenly stop due to safety issues, even then eventually herd immunity could be achieve or humans has to live with it like many other diseases/viruses without cure to date.  Technically, if one look at the weekly chart, in the last 13 weeks there were only 2 up weeks on a closing basis. This is a significant  change from March 2020 to August 2020 when you can see more up weeks and less down weeks. Therefore question is if Top Glove or other counters has or has not already fully priced ahead, not forgetting we often realise months later that a stock has peaked or bottomed. Think its time to ask some questions as to how you think Covid stocks can continue its uptrend. What does it takes to continue to be bullish in this sector? Counter trade with care if this turn out to be bear for this sector.   wavehunter      ( Date: 17-Nov-2020 20:59) Posted: Yes, actually that' s a real concern. A very real concern actually. And a potentially heart-breaking and heart-wrenching concern. There are tons and tons and tons of retail stuckists in all 4 COVID stocks. And in the stock market, when something is happening and especially if it has just started and you are in it, you wont know and you cant see. Only when things start to turn awry and the pain becomes greater and greater by which time your loss is too deep to cut that you will realise you are stuck in a stock which has seen its best and that best is never ever going to come back. Then gone case ler. All we need to do is to ask ourselves what if prices never recover? Yes, prices will still bounce and after that resume their fall. What if COVID stocks are all on their way to the South Pole on a one-way ticket and on reaching the South Pole, they will pitch a tent and settle down and live there for therest of their lives ? So if a COVID stock was trading at 10 cts or 20 cts for years day in day out before COVID19 came, when the world has learnt to deal with this virus and demand for gloves return to pre-COVID days, then COVID stocks will lose their shine and speculative value and also return to the levels they were at during pre-COVID days. And if that happens and say you bought Miss Ugly at $1.10 and slowly but surely, she falls in the course of the next 2 years back to 10 cts, what will happen to your capital? Yes, Miss Ugly wont fall to 10 cts in a straight line down. There will be dead cat bounces along the way on the way down. But what' s the use ? Those meow meow dance wont be high enough to reach you for you to get out. The first bounce will fall short of where your LONG is. After that she will continue to fall and move further and further away from you. Your paper loss will simply pile up and become bigger and bigger. Only one thing can stop this and turn COVID stocks into much sought-after rockets. And that is if Tua Phows, meaning funds, institutions and high net worth retail investors come in to buy them in the thousands and hundreds of lots the same way as these Tua Phows buy a good REIT in the thousands and hundreds whenever there is price weakness brought about by a fund selling to cash out or for portfolio reshuffling etc. But have or not ? If dont have, and I believe wont have becoz Tua Phows are in for the long run. They will pour money into something safe like banks and a good REIT when the price is right. They wont pour money into a stock which is driven up by pure speculative play. And we all know that unless and until Tua Phows come in in droves to support a counter, based on  just speculation by retail bulls and bears, no stock can rise and rise the same way banks and a good REIT can. It is a fact that COVID stocks came into the limelight and shot up to the Moon like a rocket only becoz of speculative play. If based on speculative play only to sustain its upmove, then history has shown that this will be shortlived. That being the case, this is indeed a game of musical chairs. When the music stops, the ones who are carrying the baby will have to provide the milk and the diapers for as long as they cannot being themselves to cut. And in this instance, COVID stocks can possibly lose 90% of their value when all the speculative play behind this pandemic comes to an end. If you are still holding by then, you risk losing 90% of your capital. Dont let this happen to any of you.

 

Good morning peeps..

 

Futures is dropping fast, was -122, now -178

 

Could be due to Nasdaq up 396.48 points yty.

elisa28      ( Date: 02-Mar-2021 16:34) Posted: Today, Ifast @6.11 up 46cents, Nanofilm @5.07 up 21 cents   tongphlp      ( Date: 02-Mar-2021 16:27) Posted: yah,,,,,,banks declined or remained flat :

 

Futures at -135.
If Dow falls -300 to -450 pts tonite, those who chased today will be busy NABEHing tomorrow.

 

Bitcoin mining consumes an estimated 128.84 terrawatt-hour per year of energy, more than entire countries such as Ukraine and Argentina.

https://www.cnbc.com/2021/03/02/china-bitcoin-mining-hub-to-shut-down-cryptocurrency-projects.html





 

 

My itchy hands full of Mopiko cream.

wavehunter      ( Date: 02-Mar-2021 16:02) Posted: Ascendas.... opened at 2.97. Traded up to touch 2.99. Now back ay Day Low 2.96 : 2.97. MLT....same same... opened at 1.87. Didnt go higher. Traded down to Day Low at 1.83. Now 1.83 : 1.84. Like I said below...so what IF Dow rallied more than 600 pts ? If people are still not buying your counter, your counter wont rise. If people are still selling your counter, your counter will fall. Your counter will find a bottom not when Dow is UP or DOWN by a certain number of points. Your counter will find a bottom when there are no more sellers regardless of whether Dow is up or down.  wavehunter      ( Date: 02-Mar-2021 08:52) Posted: Dow rose +603 pts last nite. If the counter you are eyeing still cannot run on a day like today, it means your counter is not ready to run yet, It means the people who are planning to buy your counter are not buying yet. If your counter goes down, it means those who are selling are not done selling. For successful BUY & HOLD, entry price is very important. As long as you can buy near the bottom, you will do very well. We dont know where the bottom is. So you decide how you want to do it. Buy on the way down. Or wait for the U-Turn and buy on the way up. Different strokes for different folks. Some like their hair being stroked. I like it at my groin.

 

Whats the news with C and C, Ifast?
One up by a dollar, the other almost 50 cents.

CheeryVGoh      ( Date: 02-Mar-2021 16:25) Posted: 3 stocks keeping STI up. JMH JSH Jardine  C & C wavehunter      ( Date: 02-Mar-2021 16:02) Posted: Ascendas.... opened at 2.97. Traded up to touch 2.99. Now back ay Day Low 2.96 : 2.97. MLT....same same... opened at 1.87. Didnt go higher. Traded down to Day Low at 1.83. Now 1.83 : 1.84. Like I said below...so what IF Dow rallied more than 600 pts ? If people are still not buying your counter, your counter wont rise. If people are still selling your counter, your counter will fall. Your counter will find a bottom not when Dow is UP or DOWN by a certain number of points. Your counter will find a bottom when there are no more sellers regardless of whether Dow is up or down.

 

Today,
Ifast @6.11 up 46cents,
Nanofilm @5.07 up 21 cents
 

tongphlp      ( Date: 02-Mar-2021 16:27) Posted: yah,,,,,,banks declined or remained flat :) CheeryVGoh      ( Date: 02-Mar-2021 16:25) Posted: 3 stocks keeping STI up. JMH JSH Jardine  C &

 

From the price movements of stocks in SGX, it seems like it is reacting to a 603 points drop instead! :)

wavehunter      ( Date: 02-Mar-2021 08:52) Posted: Dow rose +603 pts last nite. If the counter you are eyeing still cannot run on a day like today, it means your counter is not ready to run yet, It means the people who are planning to buy your counter are not buying yet. If your counter goes down, it means those who are selling are not done selling. For successful BUY & HOLD, entry price is very important. As long as you can buy near the bottom, you will do very well. We dont know where the bottom is. So you decide how you want to do it. Buy on the way down. Or wait for the U-Turn and buy on the way up. Different strokes for different folks. Some like their hair being stroked. I like it at my groin.

 

TRUE!

wavehunter      ( Date: 02-Mar-2021 08:52) Posted: Dow rose +603 pts last nite. If the counter you are eyeing still cannot run on a day like today, it means your counter is not ready to run yet, It means the people who are planning to buy your counter are not buying yet. If your counter goes down, it means those who are selling are not done selling. For successful BUY & HOLD, entry price is very important. As long as you can buy near the bottom, you will do very well. We dont know where the bottom is. So you decide how you want to do it. Buy on the way down. Or wait for the U-Turn and buy on the way up. Different strokes for different folks. Some like their hair being stroked. I like it at my groin.

 

yah,,,,,,banks declined or remained flat :)

CheeryVGoh      ( Date: 02-Mar-2021 16:25) Posted: 3 stocks keeping STI up. JMH JSH Jardine  C & C wavehunter      ( Date: 02-Mar-2021 16:02) Posted: Ascendas.... opened at 2.97. Traded up to touch 2.99. Now back ay Day Low 2.96 : 2.97. MLT....same same... opened at 1.87. Didnt go higher. Traded down to Day Low at 1.83. Now 1.83 : 1.84. Like I said below...so what IF Dow rallied more than 600 pts ? If people are still not buying your counter, your counter wont rise. If people are still selling your counter, your counter will fall. Your counter will find a bottom not when Dow is UP or DOWN by a certain number of points. Your counter will find a bottom when there are no more sellers regardless of whether Dow is up or down.