Tuesday, June 23, 2009

Short Term support likely 2175

STI has a gap between 2176 to 2190. Conincidentally, 2175 is near 2172(day)-2182(intraday) 38.2% retracement range from the last run up. 2175 should be the short term support for STI.

Thursday, June 18, 2009

Cut Aus Grp

Sold Aus Grp@ 0.545 ( pissed off with this bull shit)

Cut Noble Grp

Sold Noble Grp@ 1.7 (fail to stay above 1.74 major support line)

Tuesday, June 16, 2009

Crucial to decide the fate of market direction!

STI has rebounded from the 50% retracement between 2095 and 2424 during the intraday, and close slightly below the 38.2% support turn resistance of 2298.

Dow is lying on MA200 support line.

A number of stocks have broken the main support trends whereas some had formed potential morning star formations and hammers.

Tonite, Dow is going to decide the direction of the market for the next few days!

Friday, June 12, 2009

Sold CapitaMall

Sold CapitaMall@ 1.4 (market looks weak)

Thursday, June 11, 2009

Cut Cosco

Sold Cosco@ 1.4 (Wasting my time, BDI keep dropping until today den see some light. No choice, already sold)

Bot CapitaMall

Bot CapitaMall@ 1.38 ( resting at major support line)

Bot noble

Bot noble@ 1.81 ( breakout)

Friday, June 05, 2009

Market View!

Dow finally cross over MA 200 last nite, however, not convincingly. If Dow didn't cross below MA 200 tonite, US will also say bye bye to bear. Otherwise, be prepared to cut loss.

Bot Aus Grp

Bot Aus Grp@ 0.625 ( play with the BB, but change strategy, buy low sell high instead of buy on breakout)

Wednesday, June 03, 2009

STI Chart!

STI formed a double tops with shooting star today. Looks bad. STI should at least test the support line at 2305 in short term.

Cut Aus Grp

Sold Aus Grp@ 0.635 (STI forming shooting star and this joker always no strength in the afternoon... haiz)

Cut Kepp Corp

Sold Keppel Corp@ 7.29 ( Wasting my time with money strucked there)

Lesson learnt, buy on breakout rather than sentiment play

Bot Ausgrp

Bot Ausgrp@ 0.65 (still bullish abt this one, yesterday I sold it is in case Dow sell down)

Tuesday, June 02, 2009

Sold Ausgrp

Sold Ausgrp@ 0.63 (Closing is weak)

Sold Straits Asia

Sold Strait Asia@ 1.86 (gap up target is 1.87, so already queued to sold at 1.86)

Bot Aus Grp

Bot Aus Grp@ 0.625 (breakout)

Bot Straits Asia

Bot Straits Asia@ 1.74 (Breakaway gap)

Bot SGX, Cosco

Bot SGX@ 7.97 (breakaway gap)

Bot Cosco@ 1.43 (breakaway gap)

Monday, June 01, 2009

Sold Yanlord

Sold Yanlord@ 2.26 ( didn't have access to internet on monday due to work commitment, had queue to sell at 2.26 on Sunday and it was sold)