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JL
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 Posting #11: Wed Sep 12th, 2007 04:18

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kekekeke... yes.. i think i expect too much from this counter liao.
May be shld give it a little bit of time.



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Moolah
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 Posting #12: Wed Sep 12th, 2007 04:23

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Er.. i believe that i have read that it's a rather different kind of ball game when you buy at them supports or as they call bottom fishing. Supports levels have to be fully established before the uptrend continues. Hence, they say that one have to be patient when you buy at the support levels....

correct ah?



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JL
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 Posting #13: Wed Sep 12th, 2007 04:42

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I m not so sure. May be what u say is correct. But time is a factor to me.



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Kop
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 Posting #14: Wed Sep 12th, 2007 05:01

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Would you sell if it drops below RM1.80, the most recent low?

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 Posting #15: Wed Sep 12th, 2007 05:04

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JL


"2) ADX showing weakness in the uptrend"

 

From your chart, the D+ is less than D-. Where do u see uptrend while i only see it is in correction mode. The D+ and D- is still miring in each other which says it is trading market.

 

Your play is more like a short term rebound play which requires a very nimble hand.

JL
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 Posting #16: Wed Sep 12th, 2007 05:15

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hhc,

U r correct. It is a short term rebound play.

Kop,

I wont wait till 1.80.. my CLP 1.88..



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Moolah
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 Posting #17: Wed Sep 12th, 2007 05:31

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So... how? How short is your short term play?



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JL
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 Posting #18: Wed Sep 12th, 2007 05:36

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errr... 1-2 weeks ??



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 Posting #19: Wed Sep 12th, 2007 05:50

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1 to 2 weeks? short term?

 

You short term is really not too short :)

JL
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 Posting #20: Wed Sep 12th, 2007 06:08

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Today drop to 1.86, below my CLP 1.88... so no choice but to sell...
Sold at 1.87...

First failed trade for a new beginning. :(



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