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

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.