Time For Trading the Singapore Stock Market

China stocks continued to be the favourites at the moment. However on late Friday afternoon, we saw profit taking accross the board. I checked my sentiment anlaysis of the Singapore Stock Market, it was rather mixed than bearish. US stock market rallies overnight. It looks almost certain that we will have a spill over effect tomorrow morning. The recent declines in many stocks are of light volume. Infact my own holdings were squeezed. I am not cutting loss as yet because this to me is a shakeout. The real threat comes from heavy volume selling. This is what i learnt over the years. Let's see would i be pleasantly surprise by end of the week.

I have also graphicised my quickpicks! Hence you have the charts at your fingertips! Another great initiative brought to you by Decipher. Also, I'm thinking of REIT 'ing my blog. Since I am receiving revenue from Google, i wonder if you guys are interested in being my shareholders and I pay dividends every month? keke Doesn't that sound fun? :D


GrowMoney QuickPicks


China Petro: A small Cup and a small handle


Capcomm: The ultra light volume has caught my eyes.


MFS: Watch out for the line of least resistance.


MediaRing: Possible of a shakeout of weakholders last week.


Rotary: Progressive Charting


Sunray: Fundamentally sound company. Recent weakness is a cause of caution with price still yet to show bottomed actions. Volume has been light though.

DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings. Copyright © 2006 GrowMoney Blog. All rights reserved.