Well....nothing much happened for the SGX market as expected due to the long long weekend ( CNY ). Same thing for most of the markets including HK and China.
So....I tried to clear some of my holding too. No point wanting to risk the 4 days holiday. Market will open on next Wednesday.
Sold off the Golden Agri and Straits Asia, now balance on hand....Gentings, NOL and REC.
Friday, February 12, 2010
Thursday, February 11, 2010
Got followers for my blog?
Hehehe...wah rao, also got 3 followers now! So surprise! Frankly no idea...why people want to read or follow my blog.
Now...I have to be careful with what I write here, cannot anyhow whacked. Meanwhile I also must think before blogging too, esp on the stock thingy.
Maybe....it's due to the stock / forex thingy. For stock...at least I can say that I have gone thru the up and down of it ( 30+ yrs of trading - but no big profit to show for it ). Hopefully...now with more careful thoughts taken, I can start to gain from it.....that way, it would be a "win-win" situation and would therefore encourage me to blog more and gain more too from stock trading.
For forex....yes, I am slowly gaining confidence with it too but I won't fully charged into trading aggressively. Very much...at the "infant stage" still as far as for forex trading to me!
Now...I have to be careful with what I write here, cannot anyhow whacked. Meanwhile I also must think before blogging too, esp on the stock thingy.
Maybe....it's due to the stock / forex thingy. For stock...at least I can say that I have gone thru the up and down of it ( 30+ yrs of trading - but no big profit to show for it ). Hopefully...now with more careful thoughts taken, I can start to gain from it.....that way, it would be a "win-win" situation and would therefore encourage me to blog more and gain more too from stock trading.
For forex....yes, I am slowly gaining confidence with it too but I won't fully charged into trading aggressively. Very much...at the "infant stage" still as far as for forex trading to me!
Up-date for this shorten week
First....the stock market, at least it does not drop further as expected becoz of the coming CNY and also due to the solution to Greece's problem by the European countries namely Germany and France. Well....these PIGS countries are just waiting to be bailed out if not they will pull the whole Euro down as well. Therefore there isn't much of a choice for Germany and France not to help.
Can see that the Dow trended upwards nicely today. For the markets here and across the region...this is a good excuse to move higher too.
Tomorrow...FRiday, should see a slight pop-up if the US market can move higher at the close.
Can see that the Dow trended upwards nicely today. For the markets here and across the region...this is a good excuse to move higher too.
Tomorrow...FRiday, should see a slight pop-up if the US market can move higher at the close.
Saturday, February 06, 2010
Market for the coming week
Don't think the market will drop and do a V-shape recovery becoz it is already too near to CNY, therefore it is likely to trade sideway till after the CNY. Most chinese traders would have clear their positions and waiting to go and have a good time during the CNY.
But still there maybe some stocks esp those already "kena whacked down" may have a mini recovery. Same for the index too....which was due to the recovery for the US market on friday.
To be really safe...can only Genting and Golden Agri but for Genting....may have to monitor very closely becoz something is cooking there. Likely is the bond conversion thing on 8/2...so, it may be pushed higher before it drops again after the news on 8/2.
For Golden Agri...at 50 cents, it is a reasonable buy due to the palm oil price. Even can buy Indo Agri and Wilmar too.
Guess...Ezra, Olam and Noble together with UOB and OCBC are good bet for quick profit. Same for Capitaland....has drop quite a bit from it's recent high of $4.44.
So....any drop next week maybe a buying opportunity if willing to hold.
But still there maybe some stocks esp those already "kena whacked down" may have a mini recovery. Same for the index too....which was due to the recovery for the US market on friday.
To be really safe...can only Genting and Golden Agri but for Genting....may have to monitor very closely becoz something is cooking there. Likely is the bond conversion thing on 8/2...so, it may be pushed higher before it drops again after the news on 8/2.
For Golden Agri...at 50 cents, it is a reasonable buy due to the palm oil price. Even can buy Indo Agri and Wilmar too.
Guess...Ezra, Olam and Noble together with UOB and OCBC are good bet for quick profit. Same for Capitaland....has drop quite a bit from it's recent high of $4.44.
So....any drop next week maybe a buying opportunity if willing to hold.
Friday, February 05, 2010
Another week of "lau sai" market
Yes...confirmed that the stock markets everywhere suffered another week of "lau sai" after starting well for the 1st couple of days. From then....a one-way ticket on the southward journey. The last couple of days were the worst.
Personally didn't profit of it....die die, the mentors still are calling the markets "bullish". On hindsight...it is more of bullshit than bullish market.
Never mind, since I am making a pact with my trading buddy to remind each other and also to keep each other in check to follow the T3B rules. That way, we can rest assured that the system cannot work if we failed as a trader after strictly following to the rules.
As for to-date....have lost more than 58% of my capital ( which was funded to 25K ) therefore what I am left with is less than 10.5K in my CFD.
Personally didn't profit of it....die die, the mentors still are calling the markets "bullish". On hindsight...it is more of bullshit than bullish market.
Never mind, since I am making a pact with my trading buddy to remind each other and also to keep each other in check to follow the T3B rules. That way, we can rest assured that the system cannot work if we failed as a trader after strictly following to the rules.
As for to-date....have lost more than 58% of my capital ( which was funded to 25K ) therefore what I am left with is less than 10.5K in my CFD.
Saturday, January 30, 2010
Tomorrow - another Mass Gathering session by T3B's boss
Yes...if I can wake up by 2pm, I may want to go hear the talk by boss Keane. Just hear what he may want to add on to his last week talk. After that...there shall be talk regarding Property and Wealth builder by other speakers.
Sometimes it is good to just have an open mind and to attend these talks and gatherings. Anyway it is free....and as it is on Sunday therefore parking is not an issue too.
Sometimes it is good to just have an open mind and to attend these talks and gatherings. Anyway it is free....and as it is on Sunday therefore parking is not an issue too.
Thursday, January 28, 2010
Weekly up-date
Well, no use being "right" since that I didn't took any action to profit from it. All the talk about selling short for the stock market last Sat then after attending the Mass Gathering on Sunday....didn't take any action so the "guru" was still saying the market is still at the "bull" stage at this point of time.
So...the result was kena whacked left, right and centre, wtf....lor. 2nd round of kena whacked in the HK market...and this time....super worst!!! Down to 45% funding level!
So...the result was kena whacked left, right and centre, wtf....lor. 2nd round of kena whacked in the HK market...and this time....super worst!!! Down to 45% funding level!
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