Marcus Palace Holdings

31st March 2009 QUICK UPDATES

2009-03-31T11:43:00.000+08:00

23rd March 09
1. Swiber sold at $0.37, +25.42%
(Hit target price)

16th March 09
1. Swiber bought at $0.295
TP1: $0.36-$0.37
TP2: $0.43-$0.46
CP: $0.27

18th Feb 2009 QUICK UPDATES

2009-02-18T19:47:00.001+08:00

18th Feb 09
1. KepLand sold at $1.36, +2.25%
(Sold off to protect my profit.)

11th Feb 2009 QUICK UPDATES

2009-02-12T19:42:00.002+08:00

11th Feb 09
1. KepLand bought at $1.33
Target: $1.40
Cut-Loss: $1.27
(Lower bollinger band, rising RSI & stochastics with increased volume)

10th Feb 2009 QUICK UPDATES

2009-02-10T18:52:00.001+08:00

10th Feb 09
1. Capitaland sold at $2.52, +3.7%
(Regretted to sell so early, was day trading and influenced by the sensitivity of the market. Should wait for end-of-day results. Haiz, lesson learnt.)

5th February 2009 QUICK UPDATES

2009-02-05T18:42:00.001+08:00

5th Feb 09
1. Capitaland bought at $2.43
Target: $2.65
Cut-Loss: $2.27
(RSI crossing 30% coupled with substantial volume and a white candlestick)

22nd January 2009 QUICK UPDATES

2009-01-22T21:30:00.002+08:00

22nd Jan 09
1. SuntecReit sold at $0.69, +11.29%
(Target met, execute sell. Please see post on 21st Jan 09 for more details)

21st January 2009 QUICK UPDATES

2009-01-21T20:00:00.002+08:00

21st Jan 09
1. SuntecReit bought at $0.62
Target: $0.69
Cut-Loss: $0.57
(RSI + Stochastics turning upwards coupled with substantial volume and a white candlestick)

Market News

2009-01-07T23:02:00.001+08:00

Final Word - Market Close 1.6

2009-01-07T23:01:00.005+08:00

Inside Look: Fed's Ballooning Balance Sheet

2009-01-07T23:01:00.003+08:00

Auto Stocks; Asia Commodity Producers; Asia Consumer Technology

2009-01-07T23:01:00.001+08:00

Investment Strategy; Protecting Your Portfolio

2009-01-07T22:59:00.000+08:00

7th January 2009 QUICK UPDATES

2009-01-07T20:34:00.002+08:00

7th Jan 09
1. Swiber sold at $0.64, +11.30%
(Chart showing weaknesses in price movement)

5th Jan 09
1. SingPost sold at $0.80, +7.38%
(Overbought region)

31st Dec 08
1. Swiber bought at $0.575
(High Volume, stochastics reversing upwards, 1st green bar)
Target Price: $0.625
Cut Loss Price: $0.48

28th Nov 08
1. Received dividends of 1.25 cents per share by SingPost

JPMorgan CEO Sees 'Challenging' 2009

2008-11-04T22:03:00.001+08:00

Inside Business: Swiss Re Posts 3Q Loss

2008-11-04T22:02:00.000+08:00

4th Nov Quick Updates

2008-11-04T21:30:00.003+08:00

4th Nov
1. SingPost buy at $0.745, high at $0.78, +4.69%
(MACD crossover, broke peak.)
*Dividend of 1.25 cents per share on 28th Nov.

Short-term target: $0.825
Cut-Loss: $0.685

Jim Rogers: Let Fannie, Freddie Fail - Part2

2008-09-02T23:46:00.003+08:00

Jim Rogers: Let Fannie, Freddie Fail - Part1

2008-09-02T23:46:00.001+08:00

The Dollar is Doomed and the Fed's Days are Numbered

2008-08-25T18:34:00.001+08:00

Lehman Brothers' Credit Crunch; Fannie Mae & Freddie Mac Shares Plunged To Lowest; Barclays Would Consider U.S. Wealth-Management Company

2008-08-25T18:31:00.001+08:00

Fannie Mae, Freddie Mac Too Big To Fail

2008-08-25T18:24:00.000+08:00

For Pleasures

2008-08-19T21:47:00.001+08:00

Market Report

2008-07-15T21:48:00.001+08:00

Dollar Collapse - Fannie & Freddie Bailout Equals Dollar Destruction

2008-07-15T21:34:00.001+08:00

Fannie Mae and Freddie Mac

2008-07-15T21:28:00.001+08:00

Prevent Bank Run

2008-07-15T21:23:00.002+08:00

Bank of England: "The Nice Decade is Over"

2008-07-15T21:23:00.001+08:00

Never put all eggs in one basket

2008-07-15T21:20:00.001+08:00

Banks go Bust!

2008-07-15T20:30:00.000+08:00

3rd July Quick Updates

2008-07-03T20:59:00.003+08:00

27th June
1. ChipEngSeng buy at $0.425, sold at $0.395, -7.05%
(MACD dangerously kissing at lows)

10th June
1. YangZiJiang buy at $0.98, sold at $0.95, -3.06%
(9th June showed 1st red bar, key sell on second day)

3rd June
1. SingTel buy at $3.67, sold at $3.72, +1.36%

Dow Jones Biggest Drop This Year! Oil Hits Record High!

2008-06-07T20:52:00.000+08:00

3rd June Quick Updates

2008-06-03T20:19:00.005+08:00

3rd June
1. SingTel buy at $3.67, sold at $3.72, +1.36%

*Today's trade lowest was $3.65 very near my cut-loss. Took profit first because of short-term trading and djia -140points last night. Will monitor if can get Singtel cheaper at $3.61 to $3.65 soon..

2. ChipEngSeng buy at $0.425, high at $0.425, +/-0%

1st Target: $0.465
2nd Target: $0.49
3rd Target: $0.515
Cut-Loss: $0.39

3. YangZiJiang buy at $0.98, high at $1.00, +2.04%

Reason I bought today was because MACD shows narrowing gap.

1st Target: $1.05
2nd Target: $1.13
3rd Target: $1.21
Cut-Loss: $0.91
_____________________________________________________

SMRT: Will retrace back to $1.70 to $1.71 before uptrending resumes?

ChipEngSeng: Looks like its time to load up on ChipEngSeng @ $0.425

ComfortDelGro: To collect at $1.59

Yanlord: In my radar

Huat ah...

My Weekend Thoughts

2008-06-01T00:33:00.002+08:00

1. Yanlord

Trading between $2.14 to $2.63 range. Good entry point on this coming monday would be $2.14, setting a cut-loss price of $2.07 should minimise loss while preserving capital. Watch out for MACD crossover, huge volume, rising RSI and Stochastics should be included.
Exiting at $2.63 from the mentioned entry price should bring a tidy profit of 22.89%
Monitor this counter the next few trading days.

2. Yangzijiang

Good entry price at $0.895. Set cut-loss at $0.83 should the market turn nasty. First expected target price of 61.8% fibonacci retracement at $1.05, second target of 50% at $1.13, third target of 38.2% at $1.21. My RSI of 14 days has shown positive growth in the oversold region accompanied by a whopping 19.6 million volume. Friday's candlestick showing a doji sign, but, starting to move away from the lower bollinger band.

Note * This is not an inducement to trade. The publisher is not responsible for any losses or gains incurred.

30th May Quick Updates

2008-05-30T22:30:00.003+08:00

29th May
1. SingTel buy at $3.67, high at $3.81, +3.81%

*Very close to my 1st Target price to exit. Will monitor closely.

29th May Quick Updates

2008-05-29T22:20:00.004+08:00

29th May
1. SingTel buy at $3.67, high at $3.72, +1.36%
(MACD crossover with heavy volume, RSI very undersold, stochastic climbing)

61.8% retracement at $3.651
50% retracement at $3.76
38.2% retracement at $3.869
23.6% retracement at $4.003

1st Target: $3.86
2nd Target: $4.00
Cut-Loss: $3.64

Give allowance of 3 to 5 bids.

CNBC Guest Jim Rogers Predicts $200 a Barrel Oil

2008-04-23T01:39:00.000+08:00

New record prices for oil for an ugly circle

2008-04-21T11:34:00.000+08:00

Food prices continue to rise worldwide

2008-04-21T11:27:00.000+08:00

CNA News- On Palm Oil

2008-04-20T23:43:00.000+08:00

Dollar Collapse - Jim Rogers - The Fed Has Given Up

2008-04-19T01:15:00.000+08:00

Jim Rogers, FED cuts will hurt Dollar, Yuan Up

2008-04-18T01:42:00.000+08:00

Middle class housing woes

2008-04-17T00:29:00.000+08:00

IMF cuts European and US growth forecasts

2008-04-16T12:44:00.000+08:00

Stocks rally; Oil near $114

2008-04-15T12:30:00.000+08:00

4th April Quick Updates

2008-04-04T22:02:00.002+08:00

4th April
1. Wilmar buy at $4.00, sold at $4.40, +10%
Target price met, execute action. Pls refer to post at 27th March for more details.

The Dirty Little Secret Every Washington Person Knows

2008-03-28T14:58:00.001+08:00

27th March Quick Updates

2008-03-27T18:18:00.002+08:00

27th March
1. Wilmar buy at $4.00, high at $4.10, +2.5%
Target: $4.40
Cut-Loss: $3.80

The inevitable collapse of the dollar

2008-03-27T04:05:00.000+08:00

Ron Paul Schools Ben Bernanke

2008-03-27T03:52:00.001+08:00

Dollar in Danger- The Greatest Threat to America

2008-03-25T15:20:00.000+08:00

Bear Stearns and the Domino Effect

2008-03-24T22:38:00.002+08:00

12th Feb Quick Updates

2008-02-12T14:01:00.001+08:00

12th Feb
1. Sinomem buy at $0.85, sold at $0.87, +2.35%
(Intra-day trading - 4r1g)
2. SSH Corp buy at $0.295, sold at $0.305, +3.38%
(Intra-day trading - macd crossover, above m.a. )
3 Eng wah buy at $0.97, sold at $1.08, +11.34%
(Intra-day trading - rsi climbing, above m.a. )

24th December
1. Abterra buy at $0.125, sold at $0.14, +12%

24th December
1. Abterra buy at $0.125, high at $0.14, +12%

5th December
1. Baker Tech buy at $0.39, high at $0.395, +1.28%
2. Baker Tech buy at $0.355, high at $0.395, +11.26%
3. BBR buy at $0.10, high at $0.11, +10%

Lesson learnt. Sell in strength. Market always gives a second chance.

My Passing Out Parade

2007-11-27T21:38:00.000+08:00

Explore Hidden Gems

2007-11-20T22:24:00.000+08:00

Now is the time to explore hidden gems and mould them into diamonds... Thats my hint...

Just For Laughs

2007-11-19T21:49:00.000+08:00

Man of Determination

2007-11-17T23:09:00.000+08:00

My Weekend Thoughts

2007-11-11T22:28:00.000+08:00

My thoughts for the coming weeks ahead...

1. Inflation

In economics, you will know that inflation is normal and good for the economy.

2. Oil surge

Oil surge means that the demand is there, industries are powering at full force.

3. Credit Risk

Credit crunch, the whole world is affected by it since July. Market had started adjusting since then.

4. Overvalued Stocks

Stocks are at reasonable PER of 15.

5. Devalued US Dollar

Devalued USD not good for americans, but beneficial to asians.

6. Rowsley (Local news)

The cancellation of the solar deal is a big surprise for the market. Rowsley has been in big rally because of the deal. Still remembered Peter Lim brought Ma during the press conference to impress us that the deal could work out. The net profit reported from the sale of Eagle will not be able to offset the bad news. Now the real danger comes when Peter Lim sells all his stake in Rowsley. He subscribed to the placement at very dirt cheap price. This will be another Centillion in the making. Better avoid.

Reuters Business Week

2007-11-11T11:08:00.001+08:00

Cheer up !

2007-11-07T23:11:00.001+08:00

10 Minute Market Digest

2007-11-06T22:38:00.000+08:00

Asian stocks close mostly higher but doubts remain
ASIAN stocks closed mostly higher on Tuesday with bargain hunters supporting a minor rally late in the day, but gains were less than convincing amid doubts over the US economy.
Most benchmarks suffered early losses with falls on Wall Street and persistent fears over the impact of the US subprime crisis on the broader international economy hurting sentiment.

Japanese share prices closed slightly lower on Tuesday, giving up early gains amid ongoing concerns about the fallout from the US subprime loan crisis, dealers said.
The Tokyo Stock Exchange's benchmark Nikkei-225 index dropped 19.29 points or 0.12 per cent to 16,249.63.
Chinese share prices closed mixed on Tuesday, with index heavyweight PetroChina tumbling nearly 10 percent to drag down the key Shanghai bourse 1.74 per cent, dealers said.
Hong Kong share prices closed higher on Tuesday, up 1.71 per cent, after an erratic session as property stocks drew bargain-hunting interest after losses over the past few days.
Malaysian share prices closed 0.30 per cent higher as investors returned to seek out bargains and pushed the benchmark index into positive territory.

More write-downs for S'pore banks to come: JP Morgan
'IT AINT over yet', warn JP Morgan banking analysts. In a new research note bearing this gloomy title, Mr Harsh Wardhan Modi and Mr Sunil Garg anticipate that Singapore's three local banks will have to make further provisions for the plummeting value of their debt instruments in coming months.
These instruments, collateralised debt obligations (CDOs), are packaged from sub-prime, or risky, mortgages in the United States - which sparked the global credit crunch.
Mr Wardham and Mr Garg said that the prices of asset-backed CDOs have slumped about 50 per cent since the end of the last quarter.
And the continued appreciation of the Singapore dollar may add to losses reported by local banks for the market value of US-dollar denominated CDOs.

Chinese oil companies promise more fuel amid shortages
CHINA'S two main oil companies have promised to step up diesel production, the government said Tuesday, following two weeks of shortages blamed on price controls that have disrupted trucking and caused long lines at filling stations.
The government raised diesel and gasoline prices by about 10 per cent last week to curb demand at a time when refiners say they are losing money due to controls that block them from passing on record-high crude costs to consumers. Some refiners have responded by suspending production, leading to rationing, especially in China's fast-growing south.

M'sian firm buys into S$776m Saudi port project
MALAYSIAN conglomerate MMC Corporation has signed a deal to take part in a joint venture project to develop a US$535 million (S$776 million) container terminal at Jeddah port in Saudi Arabia.
MMC said in a statement late Monday it will pay a nominal sum of US$2 to acquire City Island Holdings, which has a 20 per cent stake in the project.
The Saudi partners are Saudi Industrial Services Company, Xenel Industries Limited and Saudi Trade and Export Development Company, who collectively hold the other 80 per cent interest.

6th November Quick Updates

2007-11-06T21:46:00.001+08:00

In view of the current market, I have decided to open a limited amount of position.

Today's buy:
1. Baker Tech buy at $0.39, high at $0.40, +2.5%
2. BBR buy at $0.10, high at $0.105, +5%
3. Abterra buy at $0.125, high at $0.13, +4%

10 Minute Market Digest

2007-11-05T23:00:00.000+08:00

S'pore's China shares suffers fallout from HK's selldown
ASIAN bourses took a beating on Monday, as Hong Kong registered its biggest single one-day loss, after China decided to freeze a proposal to allow its citizens to buy Hong Kong shares directly.
What spooked sentiment were the four conditions put forward by Chinese Premier Wen Jiabao for the approval of the scheme to allow mainland citizens to buy Hong Kong shares which were so open-ended that it effectively put a freeze on the proposal.
This led to a furious selldown in Hong Kong by fund managers who have pushed up the Hang Seng Index by almost 55 per cent since mid-August, with their heavy purchases of H-shares - shares of China firms listed in Hong Kong - after the scheme was announced.

Citigroup CEO quits, bank sees US$11 billion write-off
CHARLES Prince resigned on Sunday as chairman and chief executive of Citigroup Inc, and the bank said it may suffer an US$11 billion (S$16 billion) write-down for subprime losses.
Robert Rubin, the former US Treasury Secretary, was named chairman, while Sir Win Bischoff, who runs Citigroup's European operations, was named acting chief executive.

SembCorp FX losses put hedging in spotlight
FOREIGN exchange losses by rig builders SembCorp Marine and Labroy Marine have put the spotlight on hedging practices and raised questions as to whether Singapore companies are adequately protected against a falling US dollar.
SembMarine, the world's second-largest builder of offshore oil rigs, said last week $220 million had been lost due to alleged unauthorised trades by its former finance chief. It has denied liability for the losses.
Labroy said its unrealised losses of S$209 million stemmed from contracts to sell euros and buy dollars after clinching a 284 million euro contract in March to build two vessels.

Chinese inflation to gather steam again
CHINA is far from winning its battle against inflation and prices may resume their rapid climb in coming months after a brief respite, two separate research reports said on Monday.
China's annual consumer price inflation in 2008 could leap to 7.3 per cent, its highest level in more than a decade, from 4.7 per cent this year, a Tsinghua University economic think-tank said in remarks published on Monday.

5th November Quick Updates

2007-11-05T22:26:00.000+08:00

5th November list:
1. China XLX, buy at $1.26, sold at $1.29, +2.38%
2. Rotary buy at $1.43, sold at $1.47, +2.79%
3. Baker Tech buy at $0.39, sold at $0.41, +5.12%
- Baker Tech added $0.405 sold at $0.41, +1.23%
4. Tiong Woon buy at $1.08, sold at $1.04, -3.7%
(Hit support, trigger sell)

2nd November list:
1. Yanlord buy at $3.88, sold at $3.96, +2.06%

1st November list:
1. Federal buy at $0.815, sold at $0.855, +4.9%
2. Biosensors buy at $0.74, sold at $0.99, +33.78%

31st October list:
No trades done.

30th October list:
1. KSH buy at $1.09, sold at $1.13, +3.66%
2. Orient Cent buy at $0.91, sold at $0.96, +5.49%
3. StamfordLd buy at $0.61, sold at $0.62, +1.63%
4. SpRe buy at $0.36, sold at $0.375, +4.16%
5. Chartered buy at $1.11, sold at $1.13, +1.8%
6. Hiap Seng buy at $0.795, sold at $0.795, +/-0%
7. SNF Corp buy at $0.22, sold at $0.265, +20.45%
8. C2O buy at $0.71, sold at $0.76, +7.04%
9. Guocoland buy at $5.50, sold at $5.75, +4.54%
10. Sino Techfibre buy at $1.35, sold at $1.42, +5.18%

29th October list:
1. Kyoda-All, buy at $2.35, sold at $2.16, -8.08%

18th October list:
1. Poh Tiong Choon buy at $0.28, sold at $0.31, +10.71%

Weekend Updates

2007-11-04T23:09:00.001+08:00

2nd November list:
1. China XLX, buy at $1.26, high at $1.28, +1.58%
($1.14 seems like a good support.)
2. Rotary buy at $1.43, high at $1.46, +2.09%
(Rotary put on alert mode, prepare to sell.)
3. Baker Tech buy at $0.39, high at $0.42, +7.69%
- Baker Tech added $0.405
4. Tiong Woon buy at $1.08, high at $1.06, -1.85%
(Tiong Woon expecting pullback. $1.04 possible support? Hmm..)
5. Yanlord buy at $3.88, sold at $3.96, +2.06%

1st November list:
1. Federal buy at $0.815, sold at $0.855, +4.9%
(Decided to sold. Ready for a pullback. )
2. Biosensors buy at $0.74, sold at $0.99, +33.78%
(Decided to sell at $0.99 since all other indicators showing overbought region.)

31st October list:
No trades done.

30th October list:
1. KSH buy at $1.09, sold at $1.13, +3.66%
2. Orient Cent buy at $0.91, sold at $0.96, +5.49%
3. StamfordLd buy at $0.61, sold at $0.62, +1.63%
4. SpRe buy at $0.36, sold at $0.375, +4.16%
5. Chartered buy at $1.11, sold at $1.13, +1.8%
6. Hiap Seng buy at $0.795, sold at $0.795, +/-0%
7. SNF Corp buy at $0.22, sold at $0.265, +20.45%
(SNF Corp took profit too early, if hold to 31st October, selling price would be $0.32 !)
8. C2O buy at $0.71, sold at $0.76, +7.04%
9. Guocoland buy at $5.50, sold at $5.75, +4.54% (Exceed sell price)
10. Sino Techfibre buy at $1.35, sold at $1.42, +5.18%

29th October list:
1. Kyoda-All, buy at $2.35, sold at $2.16, -8.08% cut loss triggered!

18th October list:
1. Poh Tiong Choon buy at $0.28, sold at $0.31, +10.71%

2007-11-03T22:01:00.001+08:00

2007-11-02T23:41:00.001+08:00

2nd November Quick Updates

2007-11-02T20:14:00.000+08:00

2nd November list:
1. China XLX, buy at $1.26, high at $1.28, +1.58%
($1.14 seems like a good support.)
2. Rotary buy at $1.43, high at $1.46, +2.09%
(Rotary put on alert mode, prepare to sell.)
3. Baker Tech buy at $0.39, high at $0.42, +7.69%
4. Tiong Woon buy at $1.08, high at $1.06, -1.85%
(Tiong Woon expecting pullback. $1.04 possible support? Hmm..)
5. Yanlord buy at $3.88, sold at $3.96, +2.06%

1st November list:
1. Federal buy at $0.815, sold at $0.855, +4.9%
(Decided to sold. Ready for a pullback. )
2. Biosensors buy at $0.74, sold at $0.99, +33.78%
(Decided to sell at $0.99 since all other indicators showing overbought region.)

31st October list:
No trades done.

30th October list:
1. KSH buy at $1.09, sold at $1.13, +3.66%
2. Orient Cent buy at $0.91, sold at $0.96, +5.49%
3. StamfordLd buy at $0.61, sold at $0.62, +1.63%
4. SpRe buy at $0.36, sold at $0.375, +4.16%
5. Chartered buy at $1.11, sold at $1.13, +1.8%
6. Hiap Seng buy at $0.795, sold at $0.795, +/-0%
7. SNF Corp buy at $0.22, sold at $0.265, +20.45%
(SNF Corp took profit too early, if hold to 31st October, selling price would be $0.32 !)
8. C2O buy at $0.71, sold at $0.76, +7.04%
9. Guocoland buy at $5.50, sold at $5.75, +4.54% (Exceed sell price)
10. Sino Techfibre buy at $1.35, sold at $1.42, +5.18%

29th October list:
1. Kyoda-All, buy at $2.35, sold at $2.16, -8.08% cut loss triggered!

18th October list:
1. Poh Tiong Choon buy at $0.28, sold at $0.31, +10.71%

1st November Quick Updates

2007-11-01T19:41:00.000+08:00

1st November list:
1. Federal buy at $0.815, sold at $0.855, +4.9%
(Decided to sold. Ready for a pullback. )
2. China XLX, buy at $1.26, high at $1.31, +3.96%
($1.14 seems like a good support.)
3. Rotary buy at $1.43, high at $1.47, +2.79%
(Rotary put on alert mode, prepare to sell.)
4. Baker Tech buy at $0.39, high at $0.425, +8.97%
(See! It bursts today with a whopping 34 million volume done, plus it also broke $0.42 barrier! Further upside expected. HOLD.)
5. Tiong Woon buy at $1.08, high at $1.08, +/-0%
(Tiong Woon expecting pullback. $1.04 possible support? Hmm..)
6. Yanlord buy at $3.88, high at $4.00, +3.09%
7. Biosensors buy at $0.74, sold at $0.99, +33.78%
(Decided to sell at $0.99 since all other indicators showing overbought region.)

31st October list:
No trades done.

30th October list:
1. KSH buy at $1.09, sold at $1.13, +3.66%
2. Orient Cent buy at $0.91, sold at $0.96, +5.49%
3. StamfordLd buy at $0.61, sold at $0.62, +1.63%
4. SpRe buy at $0.36, sold at $0.375, +4.16%
5. Chartered buy at $1.11, sold at $1.13, +1.8%
6. Hiap Seng buy at $0.795, sold at $0.795, +/-0%
7. SNF Corp buy at $0.22, sold at $0.265, +20.45%
(SNF Corp took profit too early, if hold to 31st October, selling price would be $0.32 !)
8. C2O buy at $0.71, sold at $0.76, +7.04%
9. Guocoland buy at $5.50, sold at $5.75, +4.54% (Exceed sell price)
10. Sino Techfibre buy at $1.35, sold at $1.42, +5.18%

29th October list:
1. Kyoda-All, buy at $2.35, sold at $2.16, -8.08% cut loss triggered!

18th October list:
1. Poh Tiong Choon buy at $0.28, sold at $0.31, +10.71%

31st October Quick Updates

2007-10-31T21:59:00.000+08:00

31st October list:
1. Federal buy at $0.815, high at $0.83, +1.84%
(Federal Q to sell $0.84 +/- )
2. China XLX, buy at $1.26, high at $1.31, +3.96%
3. Rotary buy at $1.43, high at $1.46, +2.09%
(Rotary put on alert mode)
4. Baker Tech buy at $0.39, high at $0.39, +/-0%
(Baker Tech looks set to burst out very soon)
5. Tiong Woon buy at $1.08, high at $1.09, +0.92%
(Tiong Woon volume declining)
6. Yanlord buy at $3.88, high at $3.98, +2.57%
7. Biosensors buy at $0.74, high at $0.965, +30.4%
(Biosensors Q to sell at $0.99 +/-, if it GAPS UP)

30th October list:
1. KSH buy at $1.09, sold at $1.13, +3.66%
2. Orient Cent buy at $0.91, sold at $0.96, +5.49%
3. StamfordLd buy at $0.61, sold at $0.62, +1.63%
4. SpRe buy at $0.36, sold at $0.375, +4.16%
5. Chartered buy at $1.11, sold at $1.13, +1.8%
6. Hiap Seng buy at $0.795, sold at $0.795, +/-0%
7. SNF Corp buy at $0.22, sold at $0.265, +20.45%
(SNF Corp took profit too early, if hold to 31st October, selling price would be $0.32 !)
8. C2O buy at $0.71, sold at $0.76, +7.04%
9. Guocoland buy at $5.50, sold at $5.75, +4.54% (Exceed sell price)
10. Sino Techfibre buy at $1.35, sold at $1.42, +5.18%

29th October list:
1. Kyoda-All, buy at $2.35, sold at $2.16, -8.08% cut loss triggered!

18th October list:
1. Poh Tiong Choon buy at $0.28, sold at $0.31, +10.71%

30th October Quick Updates

2007-10-30T16:59:00.000+08:00

30th October list:
1. Federal buy at $0.815, high at $0.855, +4.9%
2. KSH buy at $1.09, sold at $1.13, +3.66%
3. Orient Cent buy at $0.91, sold at $0.96, +5.49%
4. StamfordLd buy at $0.61, sold at $0.62, +1.63%
5. China XLX, buy at $1.26, high at $1.31, +3.96%
6. SpRe buy at $0.36, sold at $0.375, +4.16%
7. Chartered buy at $1.11, sold at $1.13, +1.8%
8. Hiap Seng buy at $0.795, sold at $0.795, +/-0%
9. SNF Corp buy at $0.22, sold at $0.265, +20.45%
10. Rotary buy at $1.43, high at $1.47, +2.79%
11. Baker Tech buy at $0.39, high at $0.41, +5.12%
12. C2O buy at $0.71, sold at $0.76, +7.04%
13. Guocoland buy at $5.50, sold at $5.75, +4.54% (Exceed sell price)
14. Tiong Woon buy at $1.08, high at $1.11, +2.77%
15. Yanlord buy at $3.88, high at $4.02, +3.6%
16. Biosensors buy at $0.74, high at $0.815, +10.13%
17. Sino Techfibre buy at $1.35, sold at $1.42, +5.18%

29th October list:
1. Kyoda-All, buy at $2.35, sold at $2.16, -8.08% cut loss triggered!

18th October list:
1. Poh Tiong Choon buy at $0.28, sold at $0.31, +10.71%

My Radar Screen

2007-10-29T17:16:00.000+08:00

29th October list:
Kyoda-All, buy at $2.35, sold at $2.16, -8.08% cut loss!
China XLX, buy at $1.26, high at $1.34, +6.3%
Singapore Reinsurance (SpRe) buy at $0.36, high at $0.365, +1.38%
Chartered buy at $1.11, high at $1.13, +1.8%
Hiap Seng buy at $0.795, high at $0.80, +0.62%
SNF Corp trigger buy at $0.22, high at $0.245, +11.36%

My Radar Screen

2007-10-28T21:58:00.000+08:00

ECS
Broke peak of $0.66. Close at $0.665.
Entry Price: $0.665
1st Target Price: $0.69
2nd Target Price: $0.70
3rd Target Price: $0.72
Cut Loss: $0.65

KSH
Broke peak of $1.07. Close at $1.10.
Entry Price: $1.09
1st Target Price: $1.15
2nd Target Price: $1.21
3rd Target Price: $1.26
Cut Loss: $0.98

Kyoda-All
Broke peak of $0.23. Close at $0.24.
Entry Price: $0.235
1st Target Price: $0.245
2nd Target Price: $0.255
3rd Target Price: $0.26
Cut Loss: $0.216

Orient Cent
Broke peak of $0.905. Close at $0.94.
Entry Price: $0.91
1st Target Price: $1.00
2nd Target Price: $1.06
3rd Target Price: $1.09
Cut Loss: $0.855

Riverstone
Broke peak of $0.44. Close at $0.45.
Entry Price: $0.445
1st Target Price: $0.465
2nd Target Price: $0.47
3rd Target Price: $0.51
Cut Loss: $0.42

StamfordLd
Broke peak of $0.605. Close at $0.615.
Entry Price: $0.61
1st Target Price: $0.64
2nd Target Price: $0.67
3rd Target Price: $0.74
Cut Loss: $0.56

UE
Broke peak of $3.92. Close at $4.06.
Entry Price: $4.00
1st Target Price: $4.16
2nd Target Price: $4.34
3rd Target Price: $4.40
Cut Loss: $3.76

27th October Quick Updates

2007-10-27T23:04:00.000+08:00

As the market shows signs of temporary bullish, I am taking a small amount of positions.

1. Singapore Reinsurance (SpRe) buy at $0.36, high at $0.365, +1.38%
1st Target Price: $0.375
2nd Target Price: $0.385
3rd Target Price: $0.40
Cut Loss Price: $0.345

2. Chartered buy at $1.11, high at $1.12, +0.9%
(Broke peak of $1.10!)
1st Target Price: $1.16
2nd Target Price: $1.17
3rd Target Price: $1.24
Cut Loss Price: $1.03

3. Hiap Seng buy at $0.795, high at $0.805, +1.25%
to break $0.825 to confirm valid uptrend.
1st Target Price: $0.855
2nd Target Price: $0.885
3rd Target Price: $0.945
Cut Loss Price: $0.75

18th October sold list:
1. Poh Tiong Choon buy at $0.28, sold at $0.31, +10.71%

My Radar Check

2007-10-26T22:58:00.000+08:00

My apologises to readers, I did not update my blog accurately these few weeks. Was tied up in a major event at pan pacific and some personal fish issues, anyway I have settled the fishes part, bought 2 common clownfishes and 2 fox face fishes. I did a recent post checks and below are the updates:

Hiap Seng to break $0.825 to confirm valid uptrend.

Poh Tiong Choon buy at $0.28, sold at $0.31, +10.71%
(Broke 1st target price of $0.30 on 18th October. Cannot be too greedy to keep upgrading target price.)

My Radar Screen

2007-10-26T22:18:00.000+08:00

Short-term traders, maybe you would like to check out the following counter:

Singapore Reinsurance (SpRe)
Entry Price: $0.36
1st Target Price: $0.375
2nd Target Price: $0.385
3rd Target Price: $0.40
Cut Loss Price: $0.345

Chartered
Entry Price: $1.11
1st Target Price: $1.16
2nd Target Price: $1.17
3rd Target Price: $1.24
Cut Loss Price: $1.03

Disclaimer: The publisher is not responsible for any profits or losses incurred.

2007-10-20T23:51:00.000+08:00

My Weekend Thoughts

2007-10-20T22:18:00.000+08:00

1. Monday's Market
How would monday's market going to be like? I will be expecting a massive sell down in the morning. During the sell down, retailers will be busy selling and trying to stay at the sidelines. Let's see if the hedge funds might be secretly accumulating the shares from retailers who sells off. After that, we will be able to estimate the average price that the hedge funds have bought. If the prices drop to August prices, it can be considered super cheap.

2. Uni-Asia
Everyone now knows that Uni-Asia is under investigation. It may face the danger of being suspended and delisted. Monday's market opening might see a drop in price as shareholders might be desperate to sell off their holdings. When Uni-Asia was riding up fast from $0.60 to $2.50, everyone happy, nobody queried. Once it dive south to $1.80, everyone complained?

3. Baby Clownfishes
Today marks the day that both of my baby common clownfishes died. I have caught the culprit which is my adult size brittle starfish. I have decided to dispose it out of my main marine tank by tomorrow noon. I will be rescaping my aquarium too. May the clownfishes rest in peace.

My Radar Screen

2007-10-19T19:15:00.000+08:00

Short-term traders, maybe you would like to check out the following counter:

Hiap Seng
Entry Price: $0.825
1st Target Price: $0.855
2nd Target Price: $0.885
3rd Target Price: $0.945
Cut Loss Price: $0.75

Disclaimer: The publisher is not responsible for any profits or losses incurred.

Self - Reflection

2007-10-18T22:13:00.000+08:00

Good Evening Investors,

After thinking through the processes that I have implemented on my technical trades, these are the tabulated results:

Total sold trades: 26
Losing Trades (Sold < 0.01%): 10
Winning Trades (Sold > 0.02%): 16

My current chances of profiting from the market is about 61.5%.

There is still alot of room for improvement ah marcus... Hopefully within 5 years from now, I would achieve the target of 75%.

My Radar Screen

2007-10-18T20:39:00.001+08:00

Short-term traders, maybe you would like to check out the following counter:

Poh Tiong Choon
Entry Price: $0.28 to $0.29
1st Target Price: $0.30
2nd Target Price: $0.33
3rd Target Price: $0.34
Cut Lost Price: $0.25

A total of 10.6 million shares were traded in this counter today. It also broke peak of $0.285 and closes at $0.29! Due to volatility of the market, please trade with extra caution.

18th October Quick Updates

2007-10-18T19:36:00.000+08:00

From my humble opinion, looks like the market has turned bearish. It may be better for me to stay out from the market as the odds are not in my favour. The next few days shall test it's strength. Cash is king!

18th October sold list:
1. Jasper buy at $0.025, sold at $0.025, +/-0.00%
2. BBR buy at $0.115, sold at $0.115, +/-0.00%
3. CSC buy at $0.375, sold at $0.38, +1.33%
4. Anwell buy at $0.10, sold at $0.12, +20%

17th October sold list:
1. Armstrong buy at $0.455, sold at $0.45, -1.09%
2. Meiban buy at $0.62, sold at $0.66, +6.45%
3. Jade buy at $0.405, sold at $0.42, +3.7%
4. SSH Corp buy at $0.43, sold at $0.435, +1.16%

15th October sold list:
1. Pine Agritech Limited buy at $0.44 , sold at $0.625, +42.04%
2. Lorenzo buy at $0.40 , sold at $0.415, +3.75%
3. Ellipsiz buy at $0.55, sold at $0.52, -5.45%
4. HLG buy at $0.39, sold at $0.375, -3.84%
5. SMB United buy at $0.40, sold at $0.39, -2.5%
6. Informatics buy at $0.09, sold at $0.09, +/-0.00%
7. MDR buy at $0.075, sold at $0.075, +/-0.00%

10th October sold list:
1. Hiap Hoe buy at $0.99, sold at $1.08, +9.09%

9th October sold list:
1. Metal Comp buy at $0.125 , sold at $0.125, +/-0.00%
2. Progen Holdings buy at $0.105 , sold at $0.11, +4.76%
3. Koh Bros buy at $0.47, sold at $0.48, +2.12%
4. Asian Micro Holdings buy at $0.11, sold at $0.125, +13.63%
5. Transmarco buy at $0.81, sold at $0.83, +2.46%
6. China Auto Corp buy at $0.13, sold at $0.14, +7.69%

17th October Quick Updates

2007-10-17T22:00:00.000+08:00

Final decision to liquidate remaining positions. Stay out of the market as it is being too shaky. Wait for the trend to return. Cash is king.

1. Jasper buy at $0.025, sold at $0.025, +/-0.00%

2. BBR buy at $0.115, sold at $0.115, +/-0.00%

3. CSC buy at $0.375, sold at $0.38, +1.33%

4. Anwell buy at $0.10, sold at $0.12, +20%
Hit target price.

To monitor:
1. Chip Eng Seng
Break $0.875 to confirm bullish.
2. Alantac
Break $0.405 to confirm bullish.

17th October sold list:
1. Armstrong buy at $0.455, sold at $0.45, -1.09%
2. Meiban buy at $0.62, sold at $0.66, +6.45%
3. Jade buy at $0.405, sold at $0.42, +3.7%
4. SSH Corp buy at $0.43, sold at $0.435, +1.16%

15th October sold list:
1. Pine Agritech Limited buy at $0.44 , sold at $0.625, +42.04%
2. Lorenzo buy at $0.40 , sold at $0.415, +3.75%
3. Ellipsiz buy at $0.55, sold at $0.52, -5.45%
4. HLG buy at $0.39, sold at $0.375, -3.84%
5. SMB United buy at $0.40, sold at $0.39, -2.5%
6. Informatics buy at $0.09, sold at $0.09, +/-0.00%
7. MDR buy at $0.075, sold at $0.075, +/-0.00%

10th October sold list:
1. Hiap Hoe buy at $0.99, sold at $1.08, +9.09%

9th October sold list:
1. Metal Comp buy at $0.125 , sold at $0.125, +/-0.00%
2. Progen Holdings buy at $0.105 , sold at $0.11, +4.76%
3. Koh Bros buy at $0.47, sold at $0.48, +2.12%
4. Asian Micro Holdings buy at $0.11, sold at $0.125, +13.63%
5. Transmarco buy at $0.81, sold at $0.83, +2.46%
6. China Auto Corp buy at $0.13, sold at $0.14, +7.69%

16th October Quick Updates

2007-10-16T21:45:00.000+08:00

Considering to liquidate remaining positions as cash is always king.

1. Jasper buy at $0.025, high at $0.025, +/-0.00%
20d and 50d MA going to kiss each other. Flag pattern is considered here. Break out will be $0.35. Stochastic at 17.7% low.

2. Armstrong buy at $0.455, sold at $0.45, -1.09%

3. BBR buy at $0.115, high at $0.115, +/-0.00%
$0.11 is support line.

4. CSC buy at $0.375, high at $0.37, -1.33%
Temporary correction due to volume decline as price fall. Strong support line at $0.34.

5. Meiban buy at $0.62, sold at $0.66, +6.45%

6. Jade buy at $0.405, sold at $0.42, +3.7%

7. SSH Corp buy at $0.43, sold at $0.435, +1.16%

8. Anwell buy at $0.10, high at $0.10, +/-0.00%
Medium term target price $0.12.

To monitor:
1. Chip Eng Seng
Break $0.875 to confirm bullish.
2. Alantac
Break $0.405 to confirm bullish.

15th October sold list:
1. Pine Agritech Limited buy at $0.44 , sold at $0.625, +42.04%
2. Lorenzo buy at $0.40 , sold at $0.415, +3.75%
3. Ellipsiz buy at $0.55, sold at $0.52, -5.45%
4. HLG buy at $0.39, sold at $0.375, -3.84%
5. SMB United buy at $0.40, sold at $0.39, -2.5%
6. Informatics buy at $0.09, sold at $0.09, +/-0.00%
7. MDR buy at $0.075, sold at $0.075, +/-0.00%

10th October sold list:
1. Hiap Hoe buy at $0.99, sold at $1.08, +9.09%

9th October sold list:
1. Metal Comp buy at $0.125 , sold at $0.125, +/-0.00%
2. Progen Holdings buy at $0.105 , sold at $0.11, +4.76%
3. Koh Bros buy at $0.47, sold at $0.48, +2.12%
4. Asian Micro Holdings buy at $0.11, sold at $0.125, +13.63%
5. Transmarco buy at $0.81, sold at $0.83, +2.46%
6. China Auto Corp buy at $0.13, sold at $0.14, +7.69%

Case Study: Uni-Asia

2007-10-15T22:08:00.000+08:00

Investors to note:

Today's black candlestick shows a classical bearish engulfment. It totally covered the 3 previous white candles which was also supported by the enormous amount of volume. RSI is in the overbought region.

Coincidentally, the black candle drops to $1.80, which is also the gap up on the 8th October! Does that caught your attention? That price should be the support level.

Therefore, we should see a temporary downtrend this week. Short term investors who missed the previous bull run from this counter might want to get ready your bullets and reload in the next uptrend opportunity in time to come.

15th October Quick Updates

2007-10-15T20:48:00.000+08:00

1. Pine Agritech Limited buy at $0.44 , sold at $0.625, +42.04%
(Meet target price. Better to lock in profits. Good luck to those who are still invested.)

2. Lorenzo buy at $0.40 , sold at $0.415, +3.75%
(Not comfortable holding, sold at open price.)

3. HLG buy at $0.39, sold at $0.375, -3.84%
Expecting to rebound upwards at $0.355 if there is a continous uptrend. Consider to cut loss at $0.315. Today's low hit $0.36. Warning.

4. Jasper buy at $0.025, high at $0.025, +/-0.00%
20d and 50d MA going to kiss each other. Flag pattern is considered here. Break out will be $0.35. Stochastic at 17.7% low.

5. SMB United buy at $0.40, sold at $0.39, -2.5%

6. Armstrong buy at $0.455, high at $0.44, -3.29%
Support line at $0.415. Resistance at $0.46. Bollinger band squeeze. Consider stagger cut loss at $0.41 and $0.39. $0.34 support line. Looks like a symmetrical triangle in an uptrend. I also think that it has a cup with handle pattern.

7. Ellipsiz buy at $0.55, sold at $0.52, -5.45%
(Descending triangle in a downtrend.)

8. Informatics buy at $0.09, sold at $0.09, +/-0.00%

9. BBR buy at $0.115, high at $0.115, +/-0.00%
Ascending triangle pattern. To break $0.125 resistance line. Also to consider cut loss at $0.10.

10. CSC buy at $0.375, high at $0.38, +1.33%
Temporary correction due to volume decline as price fall. Strong support line at $0.34.

11. MDR buy at $0.075, sold at $0.075, +/-0.00%

Ok, let me include these counters into the list today:

1. Meiban buy at $0.62, high at $0.635, +2.41%
Longterm target price $0.715.
2. Jade buy at $0.405, high at $0.44, +8.64%
Longterm target price $0.475.
3. SSH Corp buy at $0.43, high at $0.44, +2.32%
Short-medium term target $0.455.
4. Anwell buy at $0.10, high at $0.105, +5%
Medium term target price $0.12.

To monitor:
1. Chip Eng Seng
Break $0.875 to confirm bullish.
2. Alantac
Break $0.405 to confirm bullish.

10th October sold list:
1. Hiap Hoe buy at $0.99, sold at $1.08, +9.09%

9th October sold list:
1. Metal Comp buy at $0.125 , sold at $0.125, +/-0.00%
2. Progen Holdings buy at $0.105 , sold at $0.11, +4.76%
3. Koh Bros buy at $0.47, sold at $0.48, +2.12%
4. Asian Micro Holdings buy at $0.11, sold at $0.125, +13.63%
5. Transmarco buy at $0.81, sold at $0.83, +2.46%
6. China Auto Corp buy at $0.13, sold at $0.14, +7.69%

12th October Quick Updates

2007-10-12T23:59:00.000+08:00

1. Pine Agritech Limited buy at $0.44 , high at $0.61, +38.63% !!
Falling Wedge in an uptrend. Could be a symmetrical triangle pattern too. If upper symmetrical line broken ($0.555), it is a very bullish signal. Fibonacci Retracement set 0% at $0.32, 50% at $0.47 (gap up), 100% will be at $0.62. If $0.62 broken, $0.665 is the next target price. Today's performance is incredible for this counter.

2. Lorenzo buy at $0.40 , high at $0.435, +8.75%
Pull-back expected to be $0.41 (support line), followed by another rally. Possible rounded-bottom bull? Cup and handle pattern formation completed. Overall uptrend still intact.

3. HLG buy at $0.39, high at $0.375, -3.84%
Expecting to rebound upwards at $0.355 if there is a continous uptrend. Consider to cut loss at $0.315.

4. Jasper buy at $0.025, high at $0.025, +/-0.00%
20d and 50d MA going to kiss each other. Flag pattern is considered here. Break out will be $0.35.

5. SMB United buy at $0.40, high at $0.395, -1.25%
20d and 50d kissed each other today. Could be flag or a rising wedge in the beginning of a downtrend? Consider staggered cut loss at $0.365 and $0.335. $0.375 seems like a good support line.

6. Armstrong buy at $0.455, high at $0.445, -2.19%
Support line at $0.415. Resistance at $0.46. Bollinger band squeeze. Consider stagger cut loss at $0.41 and $0.39. $0.34 support line.

7. Ellipsiz buy at $0.55, high at $0.525, -4.54% (Prepare to sell!)
Support line at $0.505. Resistance at $0.575. Consider staggered cut loss at $0.495 and $0.425.

8. Informatics buy at $0.09, high at $0.085, -5.55%
Could be a flag pattern? Consider cut loss at $0.65 as $0.7 is support line.

9. BBR buy at $0.115, high at $0.12, +4.34%
Ascending triangle pattern. To break $0.125 resistance line. Also to consider cut loss at $0.10.

10. CSC buy at $0.375, high at $0.375, +/-0.00%
Temporary correction due to volume decline as price fall. Strong support line at $0.34.

11. MDR buy at $0.075, high at $0.075, +/-0.00%
Similar case to CSC. Support line at $0.06.

10th October sold list:
1. Hiap Hoe buy at $0.99, sold at $1.08, +9.09%

9th October sold list:
1. Metal Comp buy at $0.125 , sold at $0.125, +/-0.00%
2. Progen Holdings buy at $0.105 , sold at $0.11, +4.76%
3. Koh Bros buy at $0.47, sold at $0.48, +2.12%
4. Asian Micro Holdings buy at $0.11, sold at $0.125, +13.63%
5. Transmarco buy at $0.81, sold at $0.83, +2.46%
6. China Auto Corp buy at $0.13, sold at $0.14, +7.69%

11th October Quick Updates

2007-10-11T20:40:00.000+08:00

1. Pine Agritech Limited buy at $0.44 , high at $0.55, +25%
Falling Wedge in an uptrend. Could be a symmetrical triangle pattern too. If upper symmetrical line broken ($0.555), it is a very bullish signal. Fibonacci Retracement set 0% at $0.32, 50% at $0.47 (gap up), 100% will be at $0.62. Long term target price is $0.62.

2. Lorenzo buy at $0.40 , high at $0.44, +10%
Pull-back expected to be $0.41 (support line), followed by another rally. Possible rounded-bottom bull? Cup and handle pattern formation completed. Overall uptrend still intact.

3. HLG buy at $0.39, high at $0.375, -3.84%
Expecting to rebound upwards at $0.355 if there is a continous uptrend. Consider to cut loss at $0.32.

4. Jasper buy at $0.025, high at $0.025, +/-0.00%
20d and 50d MA going to kiss each other. Flag pattern is considered here. Break out will be $0.35.

5. SMB United buy at $0.40, high at $0.40, +/-0.00%
20d and 50d kissed each other today. Could be flag or a rising wedge in the beginning of a downtrend? Consider staggered cut loss at $0.365 and $0.34. $0.375 seems like a good support line.

6. Armstrong buy at $0.455, high at $0.46, +1.09%
Support line at $0.415. Resistance at $0.46. Bollinger band squeeze. Consider stagger cut loss at $0.41 and $0.39.

7. Ellipsiz buy at $0.55, high at $0.525, -4.54% (Prepare to sell!)
Support line at $0.505. Resistance at $0.575. Consider staggered cut loss at $0.495 and $0.425.

8. Informatics buy at $0.09, high at $0.085, -5.55%
Could be a flag pattern? Consider cut loss at $0.65 as $0.7 is support line.

9. BBR buy at $0.115, high at $0.12, +4.34%
Ascending triangle pattern. To break $0.125 resistance line. Also to consider cut loss at $0.10.

10. CSC buy at $0.375, high at $0.37, -1.33%
Temporary correction due to volume decline as price fall. Strong support line at $0.34.

11. MDR buy at $0.075, high at $0.075, +/-0.00%
Similar case to CSC. Support line at $0.06.

10th October sold list:
1. Hiap Hoe buy at $0.99, sold at $1.08, +9.09%

9th October sold list:
1. Metal Comp buy at $0.125 , sold at $0.125, +/-0.00%
2. Progen Holdings buy at $0.105 , sold at $0.11, +4.76%
3. Koh Bros buy at $0.47, sold at $0.48, +2.12%
4. Asian Micro Holdings buy at $0.11, sold at $0.125, +13.63%
5. Transmarco buy at $0.81, sold at $0.83, +2.46%
6. China Auto Corp buy at $0.13, sold at $0.14, +7.69%

10th October Quick Updates

2007-10-10T22:43:00.000+08:00

Time for some reflection study. STI dropped today.

1. Pine Agritech Limited buy at $0.44 , high at $0.535, +21.59%
Falling Wedge in an uptrend. Could be a symmetrical triangle pattern too. If upper symmetrical line broken ($0.555), it is a very bullish signal.

2. Lorenzo buy at $0.40 , high at $0.46, +15%
Pull-back expected to be $0.41 followed by another rally. Possible rounded-bottom bull? Cup and handle pattern formation completed. Overall uptrend still intact.

5. HLG buy at $0.39, high at $0.375, -3.84%
Expecting to rebound upwards at $0.355 if there is a continous uptrend. Consider to cut loss at $0.32.

6. Jasper buy at $0.025, high at $0.025, +/-0.00%
20d and 50d MA going to kiss each other. Flag pattern is considered here. Break out will be $0.35.

8. SMB United buy at $0.40, high at $0.40, +/-0.00%
Could be flag or a rising wedge in the beginning of a downtrend? Consider staggered cut loss at $0.365 and $0.34.

9. Armstrong buy at $0.455, high at $0.455, +/-0.00%
Support line at $0.415. Resistance at $0.46. Bollinger band squeeze. Consider cut loss at $0.41.

12. Ellipsiz buy at $0.55, high at $0.53, -3.63% (Prepare to sell!)
Support line at $0.505. Resistance at $0.575. Consider staggered cut loss at $0.495 and $0.475.

13. Informatics buy at $0.09, high at $0.085, -5.55%
Could be a flag pattern? Consider cut loss at $0.65 as $0.7 is support line.

14. BBR buy at $0.115, high at $0.12, +4.34%
Ascending triangle pattern. To break $0.125 resistance line. Also to consider cut loss at $0.10.

15. CSC buy at $0.375, high at $0.38, +1.33%
Temporary correction due to volume decline as price fall. Support line at $0.34.

16. MDR buy at $0.075, high at $0.085, +6.67%
Similar case to CSC. Support line at $0.06.

17. Hiap Hoe buy at $0.99, sold at $1.08, +9.09%

Yesterday's sold list:
3. Metal Comp buy at $0.125 , sold at $0.125, +/-0.00%
4. Progen Holdings buy at $0.105 , sold at $0.11, +4.76%
7. Koh Bros buy at $0.47, sold at $0.48, +2.12%
10. Asian Micro Holdings buy at $0.11, sold at $0.125, +13.63%
11. Transmarco buy at $0.81, sold at $0.83, +2.46%
18. China Auto Corp buy at $0.13, sold at $0.14, +7.69%

9th October Quick Updates

2007-10-09T21:29:00.000+08:00

A quick update on my paper trades in their highs and based purely on technical analysis recommendations:

1. Pine Agritech Limited buy at $0.44 , high at $0.54, +22.72%
2. Lorenzo buy at $0.40 , high at $0.455, +13.75%
3. Metal Comp buy at $0.125 , sold at $0.125, +/-0.00%
4. Progen Holdings buy at $0.105 , sold at $0.11, +4.76%
5. HLG buy at $0.39, high at $0.38, -2.56%
6. Jasper buy at $0.025, high at $0.025, +/-0.00%
7. Koh Bros buy at $0.47, sold at $0.48, +2.12%
8. SMB United buy at $0.40, high at $0.405, +1.25%
9. Armstrong buy at $0.455, high at $0.45, -1.09%
10. Asian Micro Holdings buy at $0.11, sold at $0.125, +13.63%
11. Transmarco buy at $0.81, sold at $0.83, +2.46%
12. Ellipsiz buy at $0.55, high at $0.53, -3.63% (Prepare to sell!)
13. Informatics buy at $0.09, high at $0.085, -5.55%
14. BBR buy at $0.115, high at $0.12, +4.34%
15. CSC buy at $0.375, high at $0.38, +1.33%
16. MDR buy at $0.075, high at $0.085, +6.67%
17. Hiap Hoe buy at $0.99, high at $1.06, +7.07%
18. China Auto Corp buy at $0.13, sold at $0.14, +7.69%

I sold part of my counters today to be on the safe side. Until the bad signals are gone, then I will consider jumping back to the counters.

Today's Overview

2007-10-09T19:17:00.000+08:00

I will expecting a flat week till this coming friday. There was a sudden surge in buy-ups and what I am waiting for is a royal flush to flush out the contra players and weak holders. Some of them might still be holding tightly to their counters until the last due date before force sell begins. Chain reaction will follow up as investors will be overcome by fear.

A word of caution though:
10 years ago,
We had the GREAT Oct 19 1987 CRASH !

Might be an inauspicious day.

Safety Margin List

2007-10-08T23:59:00.000+08:00

What is a safety margin and how much is considered safe? Each and everyone of us have different views.

I have came up with a simple list of safety margins for those who are interested. What it means is for the amount of $xxxx invested in a particular counter, the minimum amount of percentage increment you should see as a safe exit to sell your counter without any loss, inclusive of commission fees!

Amount of $ invested , Amount of % increase(Include fees)
$1000 , 5.6 %
$1500 , 3.74 %
$2000 , 2.8 %
$2500 , 2.24 %
$3000 , 1.87 %
$3500 , 1.6 %
$4000 , 1.4 %
$4500 , 1.25 %
$5000 , 1.12 %
$5500 , 1.03 %
$6000 , 0.94 %
$6500 , 0.87 %
$7000 , 0.8 %
$7500 , 0.75 %
$8000 , 0.7 %

*These includes after deducting of commission fees ($25) and miscelleanous fees. Assuming each trade fee is $28, thus, a total fees of $56 max will be a rough gauge.

8th October Quick Updates

2007-10-08T23:37:00.000+08:00

Comments: Today's market is performing a little tipsy, maybe Mr Market is drunk and feeling high... Totally different from what i did at hougang mall tonight... haha... mmm... durians...

Ok investors, please trade with caution and always trade within your financial means. Do not margin trade! Expecting a few swings these few days!

A quick update on my paper trades in their highs and based purely on technical analysis recommendations:

1. Pine Agritech Limited buy at $0.44 , high at $0.565, +28.40%
2. Lorenzo buy at $0.40 , high at $0.43, +7.5%
3. Metal Comp buy at $0.125 , high at $0.125, +/-0.00%
4. Progen Holdings buy at $0.105 , high at $0.115, +9.52%
5. HLG buy at $0.39, high at $0.395, +1.28%
6. Jasper buy at $0.025, high at $0.03, +20.00%
7. Koh Bros buy at $0.47, high at $0.50, +6.38%
8. SMB United buy at $0.40, high at $0.415, +3.75%
9. Armstrong buy at $0.455, high at $0.46, +1.09%
10. Asian Micro Holdings buy at $0.11, high at $0.13, +18.18%
11. Transmarco buy at $0.81, high at $0.83, +2.46%
12. Ellipsiz buy at $0.55, high at $0.55, +/-0.00%
13. Informatics buy at $0.09, high at $0.09, +/-0.00%
14. BBR buy at $0.115, high at $0.12, +4.34%
15. CSC buy at $0.375, high at $0.385, +2.66%
16. MDR buy at $0.075, high at $0.08, +6.67%
17. Hiap Hoe buy at $0.99, high at $1.03, +4.04% <--Joined the One Dollar Club today! Yeah! 18. China Auto Corp buy at $0.13, high at $0.145, +11.53%

To take note a few counters and be prepared to cut loss necessary at all times.

Cheers and good luck to all.

7th October Quick Updates

2007-10-07T22:08:00.000+08:00

A quick update on my paper trades based on my technical analysis recommendations:

1. Pine Agritech Limited buy at $0.44 , high at $0.555, +26.136%
2. Lorenzo buy at $0.40 , high at $0.405, +1.25%
3. Metal Comp buy at $0.125 , high at $0.125, +/-0.00%
4. Progen Holdings buy at $0.105 , high at $0.11, +4.761%
5. HLG buy at $0.39, high at $0.395, +1.28%
6. Jasper buy at $0.025, high at $0.03, +20.00%
7. Koh Bros buy at $0.47, high at $0.495, +5.31%
8. SMB United buy at $0.40, high at $0.415, +3.75%
9. Armstrong buy at $0.455, high at $0.46, +1.09%
10. Asian Micro Holdings buy at $0.11, high at $0.13, +18.18%
11. Transmarco buy at $0.81, high at $0.83, +2.46%
12. Ellipsiz buy at $0.55, high at $0.55, +/-0.00%
13. Informatics buy at $0.09, high at $0.095, +5.55%

Ok, let me include these counters into the list today:

14. BBR buy at $0.115, high at $0.12, +4.34%
15. CSC buy at $0.375, high at $0.38, +1.33%
16. MDR buy at $0.075, high at $0.08, +6.67%
17. Hiap Hoe buy at $0.99, high at $0.995, +0.505%
18. China Auto Corp buy at $0.13, high at $0.135, +3.84%

Cheers.

Weekend Study

2007-10-07T20:38:00.000+08:00

To summarise it all, I still remain bullish in the construction industry.

1. MDR
Accumulation spotted on October 4th. Be sure to watch this counter this coming weeks for some action-packed adventure ride.

2. BBR
Accumulation spotted on October 2nd. To watch this counter rocket up too.

3. Hiap Hoe
Begins to run uptrend after a pullback.

4. China Auto Corp
Accumulation in progress. Experiencing slight pullback and get ready to rebound.

5. CSC
Edging up slowly and steady, about +$0.05 in every closing.

Stocks Note

2007-10-04T22:10:00.000+08:00

Pointing out potential stocks,

1. Ellipsiz
- Volume surge up, MACD beautifully kissing the centre line. Bollinger tight squeeze, might surge upwards full strength at any time.
Entry Price: $0.55
1st Target Price: $0.67
2nd Target Price: $0.855
Cut Loss: $0.48

2. Informatics
- Break previous peak, MACD gliding upwards in parallel. RSI not yet overbought.
Entry Price: $0.09
1st Target Price: $0.105
2nd Target Price: $0.13
Cut Loss: $0.07

Market Overview

2007-10-04T21:40:00.000+08:00

Today's performance proves that on my post on Thursday, September 20, 2007 was correct and I am on the right path, the bull run is still intact. But the question is, how long will this bull run lasts? When will we see the bear? No one knows for sure.
Patience only rewards the undervalued-seeking investors.

I can see that my personal profile has recovered 12% from yesterday's trade, and another 10% from today due to the buying confident sentiments returning back after the August killing.

I hope that none of you readers exit too quickly yesterday as there is still room for uptrend.

Cheers.

Stocks Note

2007-10-03T21:28:00.000+08:00

Pointing out potential stocks,

1. Armstrong Industrial Corp Ltd
- Inverted Head & shoulder pattern formation. Possible bullish breakout at $0.455. Could be a trap too. Trade with caution.

2. Asian Micro Holdings
- Testing strength at $0.11 barrier. Once barrier broken will continue uptrend.

3. Aztech Systems
- Still on the downtrend. Do not try bottom fishing yet as chart still did not show full signal. To monitor few more days for MACD cross over although RSI shows oversold.

4. Inter-Roller Engineering
- Uptrend intact and confirmed. MACD crossing positive zone. Long-term target price $1.30.
Short-term target price $0.95.

5. Showy International
- Potential reversal to uptrend. To monitor a few days for Parabolic Sar turns green. To break $0.815 barrier to confirm uptrend.

6. Transmarco
- $0.81 good entry point to confirm uptrend. MACD crossing positive.

These are just plain guides. But extra precaution should be taken into consideration. I would suggest investors to stay at the sidelines first, until the signs are clear, consider jumping back later.

Cheers and good luck!

Today's Overview

2007-10-03T19:59:00.000+08:00

Islandwide profit-taking and everyone panic, instilling fear.

Straits Times Index dropped 39.21 points to 3754.62, after hitting an intraday record high of 3851.88, while Hang Seng Index was shot down at 719.81 points to 27,479.94.

Chances are that hedge funds are at work, taking profits on the recent big gains on China stocks. China stocks were the big losers, as they succumbed to a second day of profit-taking, after racking up spectacular gains 3 days ago. I did a simple check on most China stocks and realised that the selldown began as early as 3.30pm. Retail investors who contra definitely included. For those who short-sell or naked short today, I will be expecting buy-ups next week.

Now is the golden opportunity for those investors who missed out in the earlier bull run to enter the market following such dips. For those who have financial difficulties to join the healthy correction, I would suggest to start investing little by little. Even if profits of a few dollars in each trade is still considered as profits!

And of course, those who join in the bull run will be rewarded eventually. On hindsight, please be extra careful of the volatile market, place your stop-loss orders, exit points and must always be prepared to cut loss (Success to investing), and exercise your own responsibilities for your trades as it is your own decision and money.

Hope that helps!

My Radar Screen

2007-10-02T22:13:00.000+08:00

Good Evening curious investors,

Just to share with you my list of items that were detected by my radar today.

1. HLG
- Great volume with a good surge today
Entry Price: $0.39
1st Target Price: $0.46
2nd Target Price: $0.565
Cut Loss: $0.285

2. Jasper
- Heavy volume with +25% bull run today
Entry Price: $0.025
1st Target Price: $0.035
2nd Target Price: $0.05
Cut Loss: $0.015

3. Koh Bros
- Huge volume and an increment of +5.6% !
Entry Price: $0.47
1st Target Price: $0.50
2nd Target Price: $0.565
Cut Loss: $0.385

4. SMB United
- Substantial volume supported by few lagging indicators
Entry Price: $0.40
1st Target Price: $0.44
2nd Target Price: $0.49
Cut Loss: $0.365

Note: Please be responsible for your own trades. The publisher is not responsible for any profits or losses incurred!

China Power

2007-10-01T21:14:00.000+08:00

Investors, to take note of:

1. China Auto Corp LTD
2. China Powerplus
3. CSC
4. Datacraft Asia

And of course, ALL CHINA STOCKS !

China listed stocks are in favour today, due to the latest announcement that China citizens are allowed to invest in foreign stocks outside of China. Super bull run has just begun... and it will last for a few days for sure...