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Wednesday, June 20, 2007

TM


Aiyo...left and right buy signal generated. Don't have that much money to buy and to blog during market hours.

Okay, why did I buy TM-CC:
1. Buy signal generated yesterday.
2. All daily indicators positive.
3. Monthly indicators still up.

Risk:
1. Weekly indicators improving but still mix.

My conclusion:
1. Possibly challenging 11.10 again
2. Due to weekly chart intepretation, not sure yet whether it have the power to break 11.10

Possibly a quick trade since TM-CC has almost zero time value with a gearing of 13x (based on OSK 19 June table).

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