money Stock Market

[gherome]

has the correction started?

[rooster69ph]

has the correction started?

 

mukhang ayaw nga mag correct e ... kainis

[gherome]

^^ nagccorrect yung mangilan ngilan intraday. tapos balik ulit.hehehe

[rooster69ph]

prone to whipsaw

[gherome]

^^ what does whipsaw mean?

[rooster69ph]

--------------------------------------------------------------------------------

 

Whipsaw

1. A change in a security's price quickly followed by another change in the opposite direction. For example, a security could rise $1 then quickly lose $2, or it could fall 50 cents then rise 75 cents. Whipsaws are significant risks for day traders and speculators who may lose large amounts of money in short-term trading.

 

2. To buy securities at a market top or to sell at a market bottom. That is, one whipsaws when one buys or sells securities at exactly the worst possible time. One whipsaws out of fear or out of misreading market signals. To whipsaw is also called to chatter.

[Semirara]

--------------------------------------------------------------------------------

 

Whipsaw

1. A change in a security's price quickly followed by another change in the opposite direction. For example, a security could rise $1 then quickly lose $2, or it could fall 50 cents then rise 75 cents. Whipsaws are significant risks for day traders and speculators who may lose large amounts of money in short-term trading.

 

2. To buy securities at a market top or to sell at a market bottom. That is, one whipsaws when one buys or sells securities at exactly the worst possible time. One whipsaws out of fear or out of misreading market signals. To whipsaw is also called to chatter.

 

 

Example of this was PX yesterday!Haha When PX reached 16.2 i was already thinking that it might re test its previous high of 17.Unfortunately,It closed at 15.6.So the day trade was unsuccessful.

[gherome]

--------------------------------------------------------------------------------

 

Whipsaw

1. A change in a security's price quickly followed by another change in the opposite direction. For example, a security could rise $1 then quickly lose $2, or it could fall 50 cents then rise 75 cents. Whipsaws are significant risks for day traders and speculators who may lose large amounts of money in short-term trading.

 

2. To buy securities at a market top or to sell at a market bottom. That is, one whipsaws when one buys or sells securities at exactly the worst possible time. One whipsaws out of fear or out of misreading market signals. To whipsaw is also called to chatter.

 

thanks boss

 

but - but what if it turns out that that 'opposite direction' turned out to be positive? e.g. let us say, ACR. it peaked y'day @ 1.34 then changes abruptly, one buys @1.29 - then it closed at 1.30. Could that be called whipsaw as well?

[rooster69ph]

thanks boss

 

but - but what if it turns out that that 'opposite direction' turned out to be positive? e.g. let us say, ACR. it peaked y'day @ 1.34 then changes abruptly, one buys @1.29 - then it closed at 1.30. Could that be called whipsaw as well?

 

as per definition, nope it is not applicable.

[rooster69ph]

Example of this was PX yesterday!Haha When PX reached 16.2 i was already thinking that it might re test its previous high of 17.Unfortunately,It closed at 15.6.So the day trade was unsuccessful.

 

unfortunately, it already did reached 17 a day earlier (9/21)and indicators points to a reversal . A strong buying momentum would have made it attempt to close the gap at 17.50.

[Semirara]

unfortunately, it already did reached 17 a day earlier (9/21)and indicators points to a reversal . A strong buying momentum would have made it attempt to close the gap at 17.50.

 

 

Thank you sir.

[knoll1234]

I just got damned lucky, I got some stocks that were given to me by my employer. It stayed in the brokerage for sometime but I remember one october day in 2008, I just cashed out everything. Since these stocks were not public stocks, it converted first to public so it was multiplied by 2, I only had 980 shares, but they multiplied it by 2, then sold it at a peak 51 USD, I made a killing after the taxes and fees., it turned out to be 4M pesos.....had I not done that, the share now costs 2.35 dollar.

[rooster69ph]

I just got damned lucky, I got some stocks that were given to me by my employer. It stayed in the brokerage for sometime but I remember one october day in 2008, I just cashed out everything. Since these stocks were not public stocks, it converted first to public so it was multiplied by 2, I only had 980 shares, but they multiplied it by 2, then sold it at a peak 51 USD, I made a killing after the taxes and fees., it turned out to be 4M pesos.....had I not done that, the share now costs 2.35 dollar.

 

and what is this stock?

[crabman]

What's your take on the Cebu Pac IPO anyone? buy now or buy in the open market?

[FNX]

Hi everyone quick question: what is the rule by the BIR on taxes for gains or sales of shares through the stock market? I've been trying to look around but I can't find anything specific.