Sunday, May 31, 2009

Rattling

Yes, been a little bit busy with admin and admin and admin, but yes i am still around.

Anyway got a chat with rallyartist and exchange some ideas to blog it down;

1. Price consensus
basically price move in a trend in high volatility period until it develops into low volatility whereby a new trend (reversal or continuation may develop)

2. Time delay,
it naturally strikes me as being opposite the supposingly desired direction of the trade but rallyartist mention it may not be so.

3. z 2nd entry still can enter which is quite unique to me

4. Magnet trade( from bo yoder)
A strong moving average like 200MA will normally have the power to suck it up

5. Failed Technical setup
This strikes me more recently especially in event like what if formation fail, do we trade opposite technically

6. Reversal
Mon or Tues?

Tuesday, May 12, 2009

Market Reviews

Been a bit busy, sorry couldn't update, looking at the index stocks, seem like we have some consolidation for a little while.

Let them consolidate and let the midcap raise.

Stops
YZJ - 0.66
Midas - 0.59
Rafflesedu - 0.450
Capitalrchina - 0.955
KS energy - 1.20
Suntecreit - 0.86
Ascendasreit - 1.47
Kep T&T - 1.40

Shorts
OCBC - 7.10
Allgreen - 0.78

i am surprised no real sectoral weakness, guess is stock picking time