Wednesday, December 14, 2005

Stock Market no strength to go up nor down (hotel grand central, celestial)

Alright, there is really nothing going on in the stock market after my daily sentiment scan. It's getting boring but it also mean highly dangerous as it can break either way. We are left with 2 days of trading for the week. The last few weeks of actions has seen late buying towards the end of the week. Will history repeat? Let's see! Perhaps you didn't see the anxiety I had today. When I heard from my trading kaki that Nikkei is down 300 points, I was worried our market will break downwards. Alas, it stood like a rock and closed mixed.

Everyone's breakout system should be different. Remember, Growmoney blog only shouts breakout when there is chart formation with volume. Why? Because to me, chart formation more or less shows the controlled consolidation and distribution by smart money. This is the system that i'm most comfortable with. Yes I missed many other "illiquid" stock's breakout, but my fewer picks so far hasn't disappoint. Hence I shouldn't be too greedy and start taking risk with "illiquid" stocks.

By the time you read this article, I'm already on my way to Genting Highlands. What to do? Stock market is so directionless ping pong up and down. Hence I decided to "growmoney" up the highlands. hehe While i'm away, I hope you continue to support my humble site which has been providing you with timely information. Let Google pay for my work. Thanks! :D tua tua huat ah!!!!!!


Hotel Grand Central


Celestial

My whole list of breakouts 50 days average scan
After the recent ignorance of Decipher where he ignores "illiquid" stocks and goes on to wonder why they rally. Here I provde the list for you to enjoy. I call it the Growmoney quickpick! :D

Celestial Nutrifoods Limited Ordinary Share
Multivision Intel Surv Ltd Ordinary Share
Midas Hldgs Limited Ordinary Share
Lifebrandz Ltd. Ordinary Share
Want Want Holdings Ltd Ordinary Share
Meghmani Organics Limited Ordinary Share
Technics Group Holdings Ltd Ordinary Share
Pacific Andes (Holdings) Ltd Ordinary Share
Cortina Holdings Limited Ordinary Share
HTL Int'l Holdings Limited Ordinary Share
Jade Technologies (S) Ltd Ordinary Share
AP Oil International Limited Ordinary Share
Hotel Grand Central Ltd Ordinary Share
Pharmesis International Ltd. Ordinary Share
Micro-Mechanics (Holdings) Ltd Ordinary Shar
Multi-Chem Limited Ordinary Share
TEE International Limited Ordinary Share
Sim Siang Choon Limited Ordinary Share
Burwill Holdings Limited Ordinary ShareColex
Holdings Limited Ordinary Share
Intraco Limited Ordinary Share