Grow Money Time!

Nothing short of spectacular! If you have seen our market today, red hot! Last Thursday's massacre looks like the final spike down now that the stubborn 2325 has been convincingly broken. Towards 2400 we go! Today the market was upbeat because we have good 3Q numbers. With good 3Q numbers, the corporate earnings season starting next week looks set to be filled with good news. The market like the idea.

2 stocks highlighted last week made their move. Especially SPH...simply awesome. Jaw dropping performance. DBS also broken it's resistance. With Keppel Land and the other property counters pushing new highs, the whole market seems to head higher. Surely this time round with STI and most of the component stocks breaking resistance, this move should test 2400?

Today I finally benefitted from my own posting. : ) After missing the big move by Keppel Land, I am very much into profits....a quick count shows at least 50% ROI. This having vested since September. Not bad...alas i'm rewarded for my hard work. The laymen believed trading cannot make money, but we traders had seen the money and knew how it can be done. Market only reward those who are hardworking in learning.

Finally, let's cross our fingers and hope Ah Gu (*Hokkien for bull) will be here to stay. No more false alarm please!


SPH


DBS