One more reason for the Asian Market to react negatively

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djwongdj
Platinum Forum Contributor
Posts: 180
Joined: Thu May 27, 2010 10:59 pm

One more reason for the Asian Market to react negatively

Post by djwongdj »

North, South Korea exchange artillery fire

LOS ANGELES (MarketWatch) — North and South Korea both reportedly exchanged artillery fire Tuesday at a South Korean island near the two sides’ western border.

Reports from the region said the North launched dozens of rounds at the island, identified as South Korea’s Yeonpyeong island. Several reports cited unnamed South Korean officials as saying Southern forces then fired back.

The North Korean shells set some structures on the island on fire, according to a Wall Street Journal account, while Reuters reported that the shelling was continuing, and several houses had collapsed.

Reuters also said that the South Korean military had gone on its highest level of peacetime alert.

South Korea was checking on the safety of its nationals currently in the North, with a Unification Ministry official saying the government would soon decide on whether to evacuate them, according to South Korea’s Yonhap news agency.

The exchange followed claims by North Korea that it has opened an advanced uranium-enrichment facility.


http://www.marketwatch.com/story/north- ... 1-23-14790
daringd
Gold Forum Contributor
Posts: 99
Joined: Wed May 26, 2010 7:20 pm

Post by daringd »

I do see a few of my friends are dumping shares now and publish it on facebook ... market is reacting to bad news. Time to shop actually!
jamestai
Investing Mentor
Posts: 706
Joined: Tue Oct 06, 2009 6:41 pm

Post by jamestai »

Hi Daringd,

I totally agreed with you. In fact I see that today to is a good opportunity to take note of the price of the stock you always been interested in investing. Because that will be the support level price.

BREADTALK 0.6350
CHIP ENGS 0.4000
CAMBRIDGE 0.5350
FRASERSCOMM 0.1550
FIRST REIT 0.9650
KOH BROTHERS LTD 0.2100
LIPPOMAPLET 0.4630
METRO HLDG 0.8500
ORCHARD 1.5400
SKY PETROL 0.1900
SAPPHIRE 0.0178
STARHUB 2.1100
VIZBRANZ 0.3000
jamestai
Investing Mentor
Posts: 706
Joined: Tue Oct 06, 2009 6:41 pm

Post by jamestai »

I beg your pardon,

Some of the closing price of the stock today in my previous I key in wrongly. This should be the correct one. These are the stock I personally has interest to invest.

BREADTALK 0.635
CHIP ENGS 0.40
CAMBRIDGE 0.535
FRASERSCOMM 0.155
FIRST REIT 0.9650
KOH BROTHERS LTD 0.21
LIPPOMAPLET 0.50
METRO HLDG 0.85
ORCHARD 1.54
SKY PETROL 0.185
SAPPHIRE 0.015
STARHUB 2.66
VIZBRANZ 0.305

James Tai
daringd
Gold Forum Contributor
Posts: 99
Joined: Wed May 26, 2010 7:20 pm

Post by daringd »

jamestai wrote:I beg your pardon,

Some of the closing price of the stock today in my previous I key in wrongly. This should be the correct one. These are the stock I personally has interest to invest.

BREADTALK 0.635
CHIP ENGS 0.40
CAMBRIDGE 0.535
FRASERSCOMM 0.155
FIRST REIT 0.9650
KOH BROTHERS LTD 0.21
LIPPOMAPLET 0.50
METRO HLDG 0.85
ORCHARD 1.54
SKY PETROL 0.185
SAPPHIRE 0.015
STARHUB 2.66
VIZBRANZ 0.305

James Tai
*big hug to brother James*
Thank you so much for your updates!!!!
How about:
- Old Chang Kee
- Starhill Global
- Citigroup

Do you find out by analyzing the chart?
danielcheng
Investing Mentor
Posts: 137
Joined: Fri Jul 23, 2010 11:48 pm

Post by danielcheng »

Yup, bought more of ChipES, Koh Bros & Sky petrol today. Hunt for more bargains tomorrow!

jamestai wrote:I beg your pardon,

Some of the closing price of the stock today in my previous I key in wrongly. This should be the correct one. These are the stock I personally has interest to invest.

BREADTALK 0.635
CHIP ENGS 0.40
CAMBRIDGE 0.535
FRASERSCOMM 0.155
FIRST REIT 0.9650
KOH BROTHERS LTD 0.21
LIPPOMAPLET 0.50
METRO HLDG 0.85
ORCHARD 1.54
SKY PETROL 0.185
SAPPHIRE 0.015
STARHUB 2.66
VIZBRANZ 0.305

James Tai
jamestai
Investing Mentor
Posts: 706
Joined: Tue Oct 06, 2009 6:41 pm

Post by jamestai »

Hi Daringd,

I just get the price of those stock from the yesterday closing price, did not do any chart analysis. The reason why I say to take note of those price because yesterday most of short term trader or people with weak holding power sell in panic. So most of the stock take a big hit. You can tell what are the lowest price that people willing to sell the stock. So you be able to know that will be the support level price for that stock at this time unless more bad news come into the market.

James Tai
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