Another mixed day. But hey! Nikkei went up 300 + points! What is our market doing? I am very disappointed and contemplating to cover US market soon. It's a world class market with so many counters that I'm sure I can have breakouts everyday! Best of all, I can trade both directions! This brings me to the next question, why SGX doesn't allow a computerised cut loss order? Anyone knows the answer, feel free to post in the shout box. Thanks.
FungChoi, acting exactly what I had deciphered in October. It took 8 weeks or so for another breakout. Goes to show again, Patience is very much needed in trading!
http://photos1.blogger.com/blogger/1689/1183/1600/2005Nov-Fung%20Choi-800x415.gif
ST-Eng, another counter that i analysed correctly. Patience required here too.
http://photos1.blogger.com/blogger/1689/1183/1600/2005Dec-ST%20Engg-800x415.png
For those who followed my blog long enough, i'm sure by now you have witnessed these great runs. Go search my blog's archives, there are some waiting to rocket off i'm sure! :D
I am holding 4 trading positions now and getting ready to harvest in the much anticipated rally. It has taken an awful long time but i'm sticking with them! I seen too many of my own analysis correct and rocket off. Kepland treated me the worst! I missed out on it's 100% ROI because i ran out of patience and sold a day earlier! Incredibly heartache.
http://growmoney.blogspot.com/2005/10/stupidity-or-greedy-i-am-both.html
Hence this time round, i'm determined to stick to them till the charts say dump!
GrowMoney Quick Pick
Wow, my quickpick list not bad hor, despite market going no where, still can get some correct. Actually these are no random picks. They are filtered from the market daily according to a set of rules consisting of price and volume. Volume, it's the essential in my analysis!
Singapore Exchange Limited Ordinary Share 2.9300
TPV Technology Limited Ordinary Share 1.6200
Chartered Semiconductor Mfgltd Ordinary Shar 1.1900
Chemical Industries (F.E.) Ltd Ordinary Shar 0.7000
Innovalues Precision Limited Ordinary Share 0.6550
Fung Choi Prntg & Pckg Grp Ltd Ordinary Shar 0.6050
Singapore Exchangemblecw060406 Warrant 0.4600
YHI International Limited Ordinary Share 0.4050
Sunray Holdings Limited Ordinary Share 0.2900
Global Active Limited Ordinary Share 0.2300
Hiap Seng Engineering Ltd Ordinary Share 0.2050
Memtech International Ltd Ordinary Share 0.1800
TEE International Limited Ordinary Share 0.1500
Asia Power Corp Ltd Ordinary Share 0.1300
Matex International Limited Ordinary Share 0.1200
Transview Holdings Limited Ordinary Share 0.1200
FDS Networks Group Ltd Ordinary Share 0.1000
DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings
