Market Review

Just back from break, seem like a good one, or else will be whipped more by the mkt.

I am not entirely bullish but the sideways consolidation can be a likely scenario for the next thrust. Market can consolidate through correction or time and it is doing the latter in many sectors.

In the events we are going to break, here are a few for breakout play. But as always watch your risk, especiallly a failed breakout, :)

Straitsasia
Goldenagri
Pac Andes
Olam
Wilmar
Ho Bee
Wingtai
Allgreen
UIC

I am thoroughly disappointed during these few months, although i am still up 77% average for the year on all my accounts. And to continue research in a systematic way, i should put up what I am going to do in scrutiny of my very few readers..

1. To read 1 book a month if i can get my hands on
Frost, A.J. and Prechter, Robert R., Elliott Wave Principle, Tenth Edition
Edwards, Robert D. and Magee, John, Technical Analysis of Stock Trends, 9th Edition
Kaufman, Perry J., New Trading Systems and Methods, 4th Edition
Kirkpatrick, Charles D. and Dahlquist, Julie R.: Technical Analysis The Complete Resource for Financial Market Technicians, Pearson Education
Nison, Steve, Japanese Candlestick Charting Techniques, 2nd Edition
Pring, Martin J., Investment Psychology Explained
Pring, Martin J.: Technical Analysis Explained, 4th Edition
Aronson, David R.: Evidence-Based Technical Analysis

2. For those aspired TAs who want to win buy and hold, win this game first http://www.chartgame.com/ Don't say not enough indicators or can only buy/sell on closing/opening. Beat it.

3. To do quant testing on market
- I am not that keen on above as there are numerous resources out there that can do a better job than me, the only disadvantage is that lack of such data in sg.