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A Investor
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This blog serves as my investment diary in stock market, and other money making opportunities..
Recent Posts Tagged With 'market talk'
Hate or love recession?
Most of the people hate recession. Warren Buffett, one of the wealthiest people in the world by making predictions and putting money behind those predictions, provides a different view on recession:1. Recessions can't be avoided forever. "It is the n...
What is my plan?
Both Dow and HSI are near major resistances. Recently, I have been taking some profit slowly. I have also cut loss on Cosco (at $1.07), and switch the fund into AusGroup (at $0.615). Currently, I am looking to purchase shares that are lagging behind ...
Buy, sell or hold?
Both Dow and HSI rebound from support trendline - good sign for more upside.Dow surged above 14dMA on 5 Nov, and HSI surged above 14dMA on 9 Nov. High chance for they to test their recent highs - 10119 for Dow and 22620 for HSI. Currently, Dow is at ...
Indexes to test recent high!
Listed below are interesting points found in the articles that I have read in the past week:For the past 14 bear markets—ranging from gold to US stocks — when markets dipped more than 40 percent, the average rally off the lows was about 72 percen...
How have indexes perform?
For your information,DowHighest at 14198 on 11 Oct 2007Lowest at 6516 on 9 Mar 2009Current at 9280 -> 35% plunge from Highest, 42% surge from lowestHSIHighest at 31958 on 30 Oct 2007Lowest at 10676 on 27 Oct 2008Current at 19522 -> 39% plunge from Hi...
Genting's potential catalysts
1. First mover advantageCould open earlier than expected, possibly in Dec 09 / Jan 10. Overtake Marina Bay Sand (launch postponed to 1Q10 from end 09). An advantage in locking in local market share (S$2000 annual pass in lieu of S$100/entry to be pai...
No more bear rally!
Listed below are interesting points found in the articles that I have read in the past week:The markets have been able to break out to new highs for the year; the volumes have been reasonable; the number of stocks participating in the rally that we'v...
When to purchase?
ScenarioIf HSI form a lower high (below 19161), and start a down wave. I will be looking at the following levels to purchase:a. Fibonacci Retracement at 38.2% (17350)Purchase (10% of available fund).b. Fibonacci Retracement at 50% (16800)Purchase (20...
No purchase plan at this stage
HSI plunged about 1506 points (8%) during this correction, and has been volatile with low volume for the past one week.Is HSI in Wave A?Maybe.. so there is no purchase plan due to the risk involved. I will take profit on short term shares during the ...
5 steps to successful trading
By Doug Hirschhorn (chief executive officer of Edge Consulting)Let's be honest, trading is not rocket science. In fact, trading succes has little to do with how smart you are. Rather, it's more about your mental process. Successful traders generally ...
Purchase plan for Wave 5 again
Since my comment that HSI doesn't look good, it has hit a low at 17710 today, but managed to rebound to close at 18058. This down wave can be a Wave 4 or Wave A. My purchase plan will not be aggressive because there is a risk of it being a Wave A.Sce...
Buy on dips instead of significant pullbacks
Listed below are interesting points found in the articles that I have read in the past week:The world was ready to cope with oil at $75-$80 a barrel, the price range the leading oil exporter considers enough to sustain energy investment for the long ...
Thoughts on Genting's shareholder selling of stake
What is the number of shares being sold?The family that owns Malaysian gaming firm Genting Bhd sold about 853 mil shares (9%) in its Singapore unit to institutions yesterday, raising US$425 million (S$615 million).ChannelNewsAsia reported that 3 sub...
Are you waiting for the correction?
Listed below are 3 interesting lines found in the articles that I have read in the past week:When no one believes in the rally, it could last longer. When it goes longer, more people are force into the market.Market corrections could also be sideways...
Purchase plan for Wave 5
Is HSI still in Wave 3 (up)? Or the beginning of Wave 4 (down)?Er.. not sure. But I believe that there are lots of $ at the sideline waiting to get into the market. Any pullback will be supported by $ rushing in due to the fear of missing out.So, thi...
Update on Plan B
From 21 Apr to 4 May, I have executed 3 out of 4 scenario of my Plan B.Technically:Dow is out of the downtrend channel. Last closed at 8410 - about 30% above its low at 6469.HSI is in Wave 3 (Elliot Wave). Last closed at 16834 - about 57% above its l...
Do you plan your purchase?
Recently, I invested 20% of available fund when HSI hit scenario 2. A friend asked me for the reasons to purchase. My reasons are:We are already 18 months since recession - time to pick up good shares during pullback. But remember to plan your purcha...
Plan B for coming week
The plan for the past week did not work because the scenario did not happen. So, this is plan B for the coming week:Scenario 1 - Both Dow and HSI breakout above their resistancesDow must close above Upper downtrend line.HSI must close above 15781.Pur...
Plan to purchase for coming week
(Edited this post because I have forgotten that 13 Apr is a non trading day for HSI)13 Apr (Monday) 14 Apr (Tuesday):No purchase.14 Apr 15 Apr onwards:Scenario 1 - HSI surges above recent high at 15147If there is pullback near 15147, purchase (10% of...
What next after indexes surged 20%?
Let us examine the following indexes:DowLow at 6469 on 6 Mar 2009Now at 7776Up 20.2%HSILow at 11344 on 9 Mar 2009Now at 14119Up 24.5%STILow at 1455 on 10 Mar 2009Now at 1745Up 19.9%Comments: All the above happened within the past 3 weeks. If they ret...
Stock rally to continue?
What contribute to stock rally this week?Citigroup was profitable in the first two months of 2009 and is confident about its capital strength, Chief Executive Vikram Pandit said, easing concerns about the troubled bank's survival prospects. JPMorgan ...
Buffet's metric says it's time to buy
According to both this 85-year chart and famed investor Warren Buffet, it just might be. The point of the chart is that there should be a rational relationship between the total market value of U.S. stocks and the output of the U.S. economy - its GNP...
Belief is forward looking while data releases are past
From 7 Jan till now:Dow has plunged a total of 803 (-8.9%)HSI has plunged a total of 2267 (-14.6%)What should we do now?I would recommend to buy on weakness because:Dow's multiple support levels - Red trendline, 8000, 7882 to 7286 (strong support zon...
Where are we now?
Reference to the technical definition of bear market rally or the beginning of a bull market, let us examine the following stock markets:DowLow at 7449 on 21 Nov 2008Now at 9015Up 21%Technically, it can be either bear market rally or the beginning of...
Cash is trash
You are an investor, and have the following question in mind:"Is it time to invest in shares?"Let me paint a clearer picture for you. Imagine the following 2 scenarios:You invested and the market continues to go down.You did not invest and the market...
The BIG questions
1. How much of the negative news has been priced in?It has definitely priced in the worst jobs report in 34 years and the biggest jump in jobless claims in 26 years. So, what can be worst? Maybe the collapse of auto bailout? But I believe the stock m...
No contra for CPFIS
QuestionI buy a share using CPFIS, can I sell the share on the same day?AnswerNo, you are not allowed to buy and sell the same share on the same day unless you have sufficient shares in your CPF account to deliver your sell order.ReasonYour sell orde...
Market has ignored tons of bad news
There are tons of bad news for the past one week, and these are just 2 of them:1. Crude oil price plunged to a low at US$42.51.This is a indicator that the world economics are contracting.(Note: At the same time, a report showed a surprise drop of 40...
Market has ignored tons of bad news
There are tons of bad news for the past one week, and these are just 2 of them:1. Crude oil price plunged to a low at US$40.81.This is a indicator that the world economics are contracting.(Note: At the same time, a report showed a surprise drop of 40...
Reasons to buy on weakness
Since my previous post on Reasons to start bargain hunting,Dow has hit high at 8831 on 28 Nov - that is +9.8% based on the close at 8046 on 21 Nov.HSI has hit high at 14108 on 1 Dec - that is +11.4% based on the close at 12659 on 21 Nov.What to expec...
