I sold my DBS babies after a bearish confirmation today making it my second round of profit from it and my fifth consecutive win! But, am not very happy with how DBS ran. It only run up a day....infact the whole banking sector did not rally as much as STI. Darn! Anyway, profit is still money. Let us recount hor, DBS, Chartered, MMI, Rotary, DBS .... more more to come! Infact I still deep in profit for some...i think double hattrick on the cards..keke
Penny shares hog the limelight today with China plays astonishingly snapped up in huge volume! Bluechips were more subdued...i guess it's about time they undergo corrections. Although there were many breakouts in penny shares, i do not like to be vested in them. Somehow the risk of getting offside is higher. My lessons in 2004 taught me to look at pennies with a pinch of salt. Anyway, my current strategy works very well for me by buying babies of bluechips. So I am not going to be tempted by greed and make any risky trades. From what i see, there isn't any god risk/reward that caught my eyes. Either it's too late to buy now or it's a "trap".
People in my mailing list, if anyone of you had caught China Sky Chem from my weekly quickpick, cheer at my shoutbox pls....make some noise!!! I want to see how many i helped! :D
Fisher Tech - Breakout is close by.
DBS - Bearish Confirmation. I sold mine.
Growmoney QuickPick - Be nimble as the stocks are highly volatile!
United Test & Assembly Ctr Ltd Ordinary Shar 0.8650
United Fiber System Limited Ordinary Share 0.3000
China Sun Biochem Tech GP Co. Ordinary Share 0.5850
Celestial Nutrifoods Limited Ordinary Share 0.8100
China Sky Chem Fibre Co., Ltd. Ordinary Shar 0.7300
Bio-Treat Technology Limited Ordinary Share 1.1900
DMX Technologies Group Ltd Ordinary Share 0.9300
Sin Soon Huat Limited Ordinary Share 0.2500
MMI Holdings Ltd Ordinary Share 0.7400
Japan Land Limited Ordinary Share 0.0900
C & O Pharm Tech (Hldgs) Ltd Ordinary Share 0.3050
Beauty China Holdings Limited Ordinary Share 0.7700
Ezyhealth Asia Pacific Ltd Ordinary Share 0.1100
MFS Technology Ltd Ordinary Share 0.8350
Fibrechem Technologies Limited Ordinary Shar 0.8700
Pearl Energy Limited Ordinary Share 1.6700
Ascendas Real Estate Inv Trust Unit 2.1400
China Flexible Pack Hldg Ltd Ordinary Share 0.5000
Delong Holdings Limited Ordinary Share 0.1200
Sun Business Network Ltd. Ordinary Share 0.0750
IPC Corporation Limited Ordinary Share 0.2400
China Wheel Holdings Ltd. Ordinary Share 0.3750
Meiban Group Ltd Ordinary Share 0.4350
DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.
