Saturday, September 29, 2012

Profit take on last day of Q3

Regardless of the market situation, window dressing day tend to spike up the price, took profit on YOMA ( 2 weeks hold ) and OLAM ( 2 days hold), small but better than nothing.



Thursday, September 27, 2012

BIDU trade

Not bad for 14 days hold for BIDU, profit take before market retrace yesterday.
Will re-entry once market retracement done.


Tuesday, September 18, 2012

Monday, September 17, 2012

Genting & Wilmar going to break up ?

Look at Genting form uptrend wedge and going to break up, Wilmar gap up today, next target will be at 3.40 if has leg.



Sunday, September 16, 2012

What to follow up after Iphone 5 & QE3

what to expect after QE3 or iphone 5 release ? buy Apple stock or related retails stock which doing bizness with Apple ? one of local stock, Hi-P has related consumer electronics bizness link with Apple did some before iphone 5 product release. Gold and Silver will expect to charge higher, whereas energy seems has some leg to go up but has been in overbought region for quite some time..


Friday, September 14, 2012

GS form round bottom

have been watching GS form round bottom, but not yet trade and keep waiting for retracement, and miss the trade. Uncle Ben just announce continue operation twist till year end, and banking stock should rise now.. shall i trade now ?


Monday, September 10, 2012

mining stocks

look at GG and CLF, continue to bullish, the momentum has been there since Aug.



Market sentiment 10 sept

Uncle Ben and Draghi did push up the market last thursday, market rebound and now sitting on multiyear high, at least for S&P. But bear in mind the volume not yet recovered and DOW Transport index has not yet create higher high. However mining stock has recovered and start new trend, which can be seen on CLF, GG, SLV and GLD. I am watching SLW which historically  always benefit from QE related activities and GG seems formed bottom W pattern. do watch closely.


Saturday, September 1, 2012

QE3 potential

thanks to uncle Ben, Gold and Silver rally last night, took my profit off GLD  and Queue for silver, somehow it is not filled, frustrate ! Next Monday will be US labour day and i do hope silver do retrace on next week, so that i can load more. Nat Gas seems to found support and start to go higher.