Wednesday, April 29, 2009

Stops and

Capitaland - 2.60
Statschip - 0.40
Suntecreits - 0.71
yzj - 0.47
wingtai -0.83
Capitarchina - 0.775

doesnt look very strong to me

Tuesday, April 28, 2009

Reversal vs Retracement

Got an interesting video from bandit

rounded top - reversal

straight or down - retracement

Monday, April 27, 2009

Stops

Yangzijiang -0.43, stop 0.43
F&N - stop 2.38
Statschip - stop 0.35
Gentings - 0.57 target - stop 0.62,
Capitaland - 2.40, stop 2.35
CapitalRchina - 0.69 stops
Ascendasreit -
note Tat hong, ASL marine

STI - 1783- 1830
1760 - fibonacci, 38%
R- 1830, 1850

Tuesday, April 21, 2009

Counters & Stops

ASL marine - .48
Swiber - 0.45
Macquninfra - 0.30
Raffleedu - 0.38
SC global - 0.50
UOL - 2.00

Monday, April 20, 2009

Fight it out

Market hovering around major resistance, let them fight it out. Quite possible to fade any breakout or down in such case.

I am going to take some time off trading to train on some trading psychology matter

1. Review on entry, exit, trailing, position sizing.

Tuesday, April 14, 2009

Stops

Yangzijiang - 0.49
Cosco - 1.00
Straitsasia - 0.96
Rafflesedu - 0.415
Midas - 0.52
Sembmar - 2.30
Suntereits - 0.61

Note:
Genting - 0.60
OCBC - 5.88
Reits - maple, Kreits

Seem like challenging the high we have this year, 1,922 - 1,958. on the downside we have 1,830-1,852

Monday, April 13, 2009

Prep

cosco - 0.975
sembmar - stops at high
gentings- 0.60

Sunday, April 12, 2009

Prep

what can I say if mkt prove me wrong, follow the trend, luckily got only 1 short recognising primary trend

First R - 1867, 1912
2nd R - 1938
First S - 1800
2nd S- 1700

Yzj - 0.435 stop, 0.515, 0.535
OCBC - cover back

Note
Midas - 0.50 stops
Straitsasia - 0.88, 1.00
rafflesedu - 0.39. 0.45
banyan - 0.35
SP land - 3.10
ASL Marine - 0.46

Tuesday, April 7, 2009

Stops & a story

Update
Gentings - 0.555
Noble - 1.17
Kepcorp - 5.00, tho 4.87 will be a better stop, gap 5.30-5.45
Citidev - 5.35 stop, gap 5.72-80

The banker who said no
http://www.forbes.com/2009/04/03/banking-andy-beal-business-wall-street-beal.html

There is always exception in this world, ponder ponder

Friday, April 3, 2009

Prep

Update: read through and did a bit of analysis, seem that might be facing off some resistance soon.
Target move for STI:

We might move beyond the breakaway gap on 08Jan but the market will prove itself

In the event that market consolidate at 1800+ level, the senario as painted on the chart will be, I will believe 1,608 as the start of the push will not be likely to be broken in the next retest and that's how we know whether this bull is real.

Kepcorp - support 5.20, midpt 5.50, stop at 5.94

OCBC - Resistance 5.40, 5.20, stop at 5.00

Capitamall - Resistance 1.45, 1.42, stop at 1.25

StraitsAsia - Resistance 0.90, 0.865, stop at 0.80

Cosco - stop at 0.82, resistance at 1.00

Sembmar - support 1.76, 1.86, stop at 2.07

Thursday, April 2, 2009

More stops

Cosco - 0.885
Sembmar-1.85
NOL - 1.20

Wednesday, April 1, 2009

Setup

Updating the trailing stops

Capitaland - 2.50
Citidev - 5.40
Indo - 0.62
Kepland - 1.50
Noble - 1.25
OCBC - 5.00 (waiting for it, or else 4.90)
Parkway - 1.20
F&N - 2.50 (waiting for it
Yanlord - 1.20
Yangzijiang - 0.40