Thursday, March 30, 2006

Trading a system call quickpick

Did you guys notice the list getting longer? I think market heading for consolidation soon. It's a good thing, because we need that...otherwise the rally is unsustainable. If the market goes into a few weeks consolidation, we will all have a chance to hold on to the next celestial or ferror china! Don't like Cheena stocks? How about Keppel Land, Capital Land? City Dev maybe? They all rally after consolidations.

Quickpick list continues to outperform the market. Every other day some of the stocks mentioned will be profitable. Hence if you miss, do not fret....just wait for next day! :D

Growmoney Quickpick
Stock: Line of least resistance
SMRT: 1.16
Labroy: 1.52
Contel: 0.440
China Diary: 0.490
ChinaWheel: 0.440
CGTech:0.420
Sinomem: 0.940
Memory D: 0.520
Hong Guo: 0.500
Sunray: 0.540
Midas: 0.585
C&O: 0.485
MFS: 1.22
K1: 0.430

I wouldn't put REITS in the list because they are dividend plays. As the price goes higher, the dividend yield gets lower. Well unless they are acquisiting.

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.