Monday, August 31, 2009

Market Reviews

I will still maintain the same strategies as mentioned in previous posts unless change of trend is quite clear

prop still look pretty ok with no serious damage, a few lower lows, rest of sectors look neutral

Shorts:
All 3 banks testing uptrend line
chinaaoil - i love to short this guy, but range it first
Commodities look weak - indo, i choose straits but the cutloss is too far
Sembmar still look gd as a short with 3.2 as cutloss

Longs
epure - waiting for tick up
hyflux - see how it how 2.80
singtel at 3.06 on valid tmr
genting - see how this guy hold 0.995
ho bee - see how 1.30

Wednesday, August 26, 2009

Market Reviews

Sorry a bit busy but recently make me look at the rules again.

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

Blues are not moving, volume went to the pennies, not a healthy sign of the market. But not a good time to swing short but to fade extreme move at low volume.

Strategies current
1. As mentioned, fade extreme moves at low volume, failed breakout, failed breakdown on intraday
2. Scale down position size, widening the stops, minimise whipsaws.
3. Leverage 1:1 on any blues, play 20% on pennies run

bullish
K-reit
mapletreelog
parkwaylifereit
sgx
pac andes
all the china s chips
e-pure
Hi-P
oceanus

bearish
indo
sembmar
yes, not much shoortr


Tuesday, August 11, 2009

Market Reviews

Got my wisdom tooth out and sick last week, missing in actions.

Was scanning through the list and I was surprised to find more bullish setups.

Here they are
China is exhibting formation, with volume in, couples may fly:
China energy, china milk, china xlx, china fish

Commodities (still my fav sector)
Wilmar
Straits
Rotary

Jardine C, gentings, midas, rafflesedu,MCL land, parkway on list

Prop
Kepland
Wingtai
Spland

Starhub (Fav now)




Personally tho, guts feel is a topping actions, be careful out there

Sunday, August 2, 2009

Market Reviews

Possible Longs

Mapletree log
Yanlord
Hi P
Stats chip
f&n
ST eng
ascendareits

some sectors move look exhausting - prop, comm

will be scaling down on longs