Breakout list

Here you goes again:

- NOL: 1.70

- F&N: 3.98

- RafflesMG: 3.96
- Swiber: 0.92

- KS energy: 1.20

- Kep T&T - 1.47

- ARA

- UIC

- Olam

- Straits

- Sembcorp

Seem commodities turn now

i need a machine to stockscreen breakout, this is tiring.

Here u goes

Doing a post mid of the week when I have sometime to refresh myself physically

10days of gains, chase the price? :)

high lists

- Wilmar

- Ascottreits

- cambridge

- CDL Htrust

- falconenergy

- hl finance

Breakout list

- First Resources

- NOL

- ascendasreit

-CWT

-hongguo

- lian beng

- manhanttan resources

Penny

- C&G

- yongnam

argh... so many dun do liao...

Musings

Ah.. been a terrible week for shortists and here i am, with a personal reviews

1. Obey my cp, ep, tp, and not affected by how people should look at your end trades.
2. Obey ur pre-plan route
3. Do not be influenced by what surrounding says

4. Do not be late for opening

5. Do not anticipate the trend

6. Listen to the market

Out of those above, main mistake was definitely 6, market was telling me on Mon, Tues with surprisingly good internals (strong advancers vs few) but i refuse to listen.

No doubt this can be a complex topping action

Here goes the market

Whether this rally have legs will much depends on next week,

Any first downside - 2,390, next few level will be 2,350 and finally 2,318 (the wonderful candle that negate 2 gaps at 1 time)

Upside potential will be 2,620 but the real test come in at 2,720 and that's will be a true test of faith

Sector

China:

China energy - waiting for breakout

Chinaaoil - waiting for 1.16

Cosco - above 1.2+

Yangzijiang - above 0.80

Midas - above 0.82

Commodities & Marine

Firstresour - 0.70

KS energy - a retest of 1.08 will have me long

Noble,straits - slight chance

kepcorp - look nice

Prop

HPL: 1.66+

Mis

Parkway - 1.70+

UOL - gd support at 3.20

Let the rain fall

We are setting up for some nice shorts if not because of the strength of the index by the banks & singtel.

S&P is oversold and due for a bounce. A positive open will have me let the rain falls on all sectors.

Market Reviews

Cover some shorts for miniature gains

Many counters setting up in apex triangle or sideways pattern. It will be interesting how it will unfold.

Pennies got strength, blues are ranging. Will we have strength.

Will be on reservist till next wed, guess I will be sidelines, observing, let them break.