BET

I am yanlord bet, and i say downside which one down more, loser will sponsor too since i am already in disadvantage in % for upside.

Buys

Ramba Energy - acqusition of oil&gas not recognised, consistently revenue of 30mio from logistics, which translates to pe10.

Rotary- revenue of 500mio a year, 1.41billion order book, pe at 10 at 1.04y
yangzijiang - revenue of 10billionrmb, USD5.6billion order book till 2012, 9pe at 1.21


Allgreen - Nav 1.41

Wingtai - NAV 2.06

UE - NAV 2.46

Straitsasia - an increased production of 10miotonnes, will result in 1billion revenue, have to keep cost at 300-400

Starhub - dividend during apr 20&may23 of 10cents dividend

hocklianseng - net cash, 574mio order book, 200mio revenue/yr, 6PE


delete some posts because reviewing my lists of buys, anyway only 3 readers.

Shipping

Sembmar - revenue of 5billion a year, 5.5billion order book till early 2012, pe 11.8 at 4.00, revenue come from asia, europe, rig building

kepcorp - revenue of 12billion a year(8billion from marine, 2bill infra, 2 bill props), 5.6billion order book, pe 12+ at 9.00

aslmarine - revenue of 170mio a yr, 382orderbook, just enough to keep it going

What is correction?

Strength:

ARA management

Biosensors

Broadway

Ezra - z

Goodpack

Jaya

kepcorp

Satsvcs

Statschip

swiber- z

pec - z

Market Reviews

z cutloss

Noble - 2.997

Wilmar - 6.45

Parkway -2.65

Ho Bee -1.71

Kepland -3.35

Yangzijiang - 1.13

Rotary

Long:

Chinaaoil???

Cosco

Today did a wonderful trade: journal to take note:

Ezra breakdown with bearish engulfing last friday but did not enter as it was pass the tail of previous candle. From Ezra 's behavior, usually there will be a retest to mid of the previous high, took the trade early in the morning with gapup and high as cutloss, and down it went.

Learning: observe past behaviour, such as ho bee (inhibit parabolic before)

Market Reviews

Stocks

Breakout:
Ausgroup
CH offshore
hoe leong ( need a cup)

Asiafood
Breadtalk
Goodpack
pfood
tat hong

just goin through it on mind only, pls dun take signals

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.

Shorts

With Dow cycle projected around 10,374, we might have around 7-8days of uptrend to work with:

Longs

Guocoland

SMRT

Noble - 2nd day consolidation, 3rd day decide

Shorts

UOB 18.22

Ezra 2.00

rotary 1.10

wingtai 1.73

Breakout list

Financial One - 0.50

Macarthurcook industrial -0.42

Sinwa - 0.52

Super coffeemix - 0.675

biosensors??

Engro - 0.91 hmm...



longtime never see this list rite.ya.. small size

Market Reviews

Didn't know I didnt blog for 2 weeks, was gathering research since market was flat, now that range extension has taken place, topping process continue.. now i sound like a broken record... haha...

Previous resistance was at 2750, but there is a higher chance we will hug the previous broken uptrendline for a blow-off. The soonest we touch that line, we had it.

Long

Guocoland (bear flap, buying on RSI, gap 2.16)

Indo (valid for blow off above 1.80)

Noble (gunning for all-time intraday high of 2.70)

Wilmar (nice consolidation, gap at 6.75)

Ezra (vol??)

hi-p (breakout)

Suntec (breakout)

Yzj (look like shorting covering today, and of course, becos if shorted it, see how consolidation)

Short list:

Capland (only valid tmr for a gapup of more than 5cents)

Olam (going for a blow off hugging uptrendline, ard 2.80)

Rotary (Short above 1.20, cover old high)

Parkway

set your own stop

Market Reviews

Prop are joining the banks nearing uptrendline. But the most troubling thing for any correction will be US continuing strength in breath and adv-decline.

went on too short when shuld just apply the strategies mapped a while ago.

stops
DBS - 13.20 (trendline), 13.00 (breakout pt)
Yangzijiang - 1.06
Chinaaoil - 1.23

http://www.tradersnarrative.com/the-mother-of-all-momentum-thrust-years-2998.html

http://www.kirkreport.com/09/sp_oscillator_9_17_09.gif
http://www.kirkreport.com/09/battleforsept.gif

Market Reviews

As much as I am downside bias, I will give doubt to a "triple top" in the STI. Time is running out for the bears, it has to show this week or breakout to 2,750 will be the likely case.

Shorts -Sectors that are shortable if breakdown

Commodities (surprised, surprised, where the inflation talk)?

Banks

China

Long

Properties

hyflux

hyfluxwater

sarin - only valid tmr

sinotel

last note: in the event we break pass 2700, i will fade the strength

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

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

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

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

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