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Sunday, February 03, 2008
KLCI (31 Jan 2008)
Definitely no good. Dali and Sam both are bearish. I'm too. Looks like the chance of an election rally is diminishing. Maybe a election rebound based on current chart.
Weekly B&B Counters (31Jan 08)
AJI ANALABS ANNJOO ARREIT ASIABRN ASIABRN-WA ASTRO ATIS ATURMJU AXIS BAT BERTAM BJLAND-LB BJTOTO BKAWAN BSDREIT CCMDBIO CHINTEK CYBERT DELLOYD DFZ-PC DKLS DUTALND-LB EDARAN EKIB ETITECH FAJAR FAREAST FCW FCW-WA FRB FTEC FUTUTEC GAMUDA GCORP HIGHTEC HUMEIND HYTEXIN IJMPLNT INIX IRCB JAYCORP JETSON JOBST JOHAN K1-WA KASSETS-WA KLK KMLOONG-WA KPOWER KPS KULIM KULIM-WB KWANTAS LBICAP LCHEONG LOH&LOH LPI MAGNUM MAYPAK MBFHLDG MBFHLDG-WA MFLOUR MHC MITHRIL-LA MMSV MNC MRCB MUDAJYA NAKA NESTLE NSOP NTPM NVMULTI PACMAS PADINI PARAGON PBBANK PBBANK-O1 PERISAI POHUAT PORTRAD PTB RAMUNIA RAMUNIA-PA RAMUNIA-WA RAPID RAPID-WA REXIT RSAWIT RVIEW SAB SCOPE SHANG SILVER-LA SIME SPRITZR SSTEEL SSTEEL-LA TM TMCLIFE TOCEAN UBG UMCCA UTDPLT WARISAN WCT WCTLAND YEELEE YNHPROP YONGTAI YTL ZA-OSKSB
Total: 113
The following are bearish counters (filtered using my weekly criteria) for the week ending 31 Jan 2008:
A&M ABRIC ACOSTEC ADVENTA ADVPKG AFFIN AFFIN-WC AFG AHEALTH AHP AHP2 AIRASIA AIRB AIRB-LA AJIYA AKN ALAM ALCOM AMDB AMFIRST AMMB AMMB-WB ANCOM ANCOM-WA APB APLAND APLI APOLLO ASAS ASB ASB-WA ASDION ASIAPAC ASUPREM AT ATRIUM AUTOAIR-WA AVENTUR AWC AXREIT BAHVEST BANENG BCB BCTTECH BDB BGYEAR BIG BIG-WA BIMB BINAIK BINTAI BIPORT BKOON BOLTON BORNOIL BPURI BRDB BREM BSA BSDPROP BTECH CAMERLN CAMRES CANONE CARLAW CARLSBG CAROTEC CCB CENBOND CENTURY-WA CFM CHANG CHASE CHASE-WA CHMOBIL-C1 CHUAN CIMA CMSB CNASIA CNLT COASTAL COMINTL COMMERZ COMPUGT CONNECT CRESNDO CYL DAIBOCI DAIMAN DAYA DBE DELEUM DENKO DGATE DIALOG DIGISTA DIGISTA-WA DIJACOR DKSH DNP DOLMITE DOMINAN DPS DRBHCOM DUTALND DUTALND-BA DUTALND-WA DXN EBWORX ECM ECOFIRS EDEN EFFICEN EFORCE EFUTURE EG-LA EKOVEST EKOVEST-WA EKOWOOD EKRAN ELSOFT EMETALL EMICO-WA EMIVEST ENCORP ENG ENGKAH ENGLOTC ENGTEX EONCAP EPIC EPMB EPMB-PA EPMB-PB EPMB-WA EQUINE EQUINE-LA ESSO ESTETIC EUPE EUROSP EVERGRN EXTOL FABER FACBIND FARLIM FARMBES FAVCO FBO FFHB FIAMMA FITTERS FLONIC FOCUS FPI FREIGHT FRONTKN FURNWEB GADANG GBRIDGE GCE-WA GEFUNG GENETEC GENTING GFB-WB GHLSYS GKENT GKENT-LA GLOBALC GLOSOFT GLOSOFT-WA GMUTUAL GOLDIS GOLSTA GOODWAY GOPENG GPERAK GPHAROS GPRO GRANFLO GREENYB GSB GTRONIC GUANCHG GUH GUINESS GUNUNG GUNUNG-WA GUOCO HALIFAX HALIFAX-WA HAPSENG HARBOUR HARISON HARNLEN-WA HARVEST HDBS HEKTAR HEXAGON HEXZA HICITY HIL HIRO HLBANK HLCAP HLFG HOHUP HOOVER HOVID HPI HUAYANG HUBLINE HUNZPTY HUNZPTY-WA HWATAI HWATAI-WA ICBC-C1 IDAMAN IDAMAN-LB IE IGB IJM IJM-WB ILB INCKEN INGENS INGRESS INSAS-LA INSBIO INTEGRA IOIPROP IPOWER IQGROUP IREKA IRIS IRIS-PA IRIS-WA IRMGRP ITRONIC JADI JAVA JAVA-WA JERASIA JETSON-LA JHM JLAND JMI JOHOTIN JOTECH KAF KAMDAR KANNAL KASSETS KAWAN KBES KBUNAI KELADI KEN KENANGA KENCANA KEURO KEYWEST KFC KFIMA KFM KHEESAN KHSB KIMBLE KIMBLE-WA KKB KLCCP KOMARK KOMARK-WA KONSORT KOSMO KOTRA KPJ KPSCB KSL KTB KUB KUCHAI KURASIA L&G LATEXX LATEXX-WA LAYHONG LBALUM LBS LCTH LDAUN LEADER LEESK LEWEKO LHH LIENHOE LINEAR LIONCOR LIONCOR-WA LIONFIB LIPO LIQUA LIQUA-WA LITRAK LPF LSTEEL LYSAGHT M3NERGY M3TECH MAA MAEMODE MAEMODE-WA MAHJAYA MAICA MALTON MANULFE MARCO MAS MAXBIZ MAXTRAL MAYBULK MBMR MBSB MCMTECH MECHMAR MEDAINC MEDIA MEDIA-LA MELEWAR MELEWAR-WA MEMS MENANG MENTIGA MERCES MERGE METACOR METALR METROD METROK MEXTER MFCB MHOUSE MIECO MIECO-WA MIKRO MINHO MINPLY MISC MISC-O1 MITHRIL MITHRIL-WB MITRA MKLAND MMM MMM-WB MMODE MMOSAIC MNRB MOBIF MQTECH MSC MTDACPI MTDINFR MTRONIC MUIIND MUIPROP MULTICO MUTIARA MVEST MYCRON N2N NAIM NAMFATT NARRA NATWIDE NEXNEWS NEXNEWS-WA NGIUKEE NHFATT NICORP NIHSIN NIKKO NSTP NYLEX OCTAGON OCTAGON-WA OGAWA OILCORP OKA OLYMPIA OLYMPIA-WA ONASTEL ONLINE OPCOM OPUS ORIENT ORNA OSK OSK-WB OSKPROP OSKPROP-WA OSKVI PALETTE PANTECH PAOS PARAMON PASDEC PAXELNT PBA PDZ PECD PELIKAN PENSONI PENSONI-WA PENTA PERMAJU PERSTIM PETDAG PETGAS PETRA PETROCH-C1 PHARMA PILECON PJBUMI PJDEV PJDEV-WB PJI PLENITU PMBTECH PMCORP PMETAL PMETAL-WB PMHLDG PMIND PMIND-WA PNEPCB POLYTWR POS PPHB PRDUREN PRESTAR PRIME PRKCORP PRLEXUS PRTASCO PSIPTEK PTARAS PWE QSR QUALITY RALCO RALCO-WA RANHILL RBLAND RCECAP REX RHBCAP RHYTHM-WA RUBHD SAAG SALCON SALCON-WA SAPCRES SAPCRES-WA SAPIND SAPRES SARAWAK SATANG SAUJANA SBCCORP SCIB SCIENTX SCOMI SCOMIMR SDKM SDRED SEACERA SEAL SEEHUP SEG SERNKOU SHCHAN SHCHAN-WA SHH SHL SINCHEW SINORA SJC SKPRES SMI SMI-LA SMISCOR SMPC-WA SMRTECH SPK SRII STEMLFE STSTEC SUCCESS SUIWAH SUMATEC SUNCITY SUNINFR-WA SUNRISE SUNWAY SUNWAY-WB SUPER SUPERLN SUPERMX SYMPHNY TA-WB TAFI TAHPS TAKASO TAKASO-WA TALAM TALAM-PA TALIWRK-WA TAMCORP TANJONG TAWIN TCUBES TDEX TECFAST TEKALA TGOFFS TGUAN TIME TIMECOM TIMWELL TMS TOMYPAK TONGHER TOYOCEM TOYOINK TPC TRIPLC TRIUMPL TSRCAP TSRCAP-WA TWSCORP UAC UBB UCHITEC UDSCAP UEMBLDR UEMWRLD UKB UMLAND UMS UMSNGB UNISEM UOAREIT UPA UTUSAN VINTAGE VIS VITROX VIZTEL VS WEIDA WIJAYA WILLOW WOODLAN WWCABLE XIANLNG YAHORNG YECHIU YHS YIKON YILAI YLI YOKO YSPSAH YTLE YTLLAND YTLLAND-PA ZECON ZECON-WA ZELAN
Total: 580
Sunday, January 27, 2008
KLCI (25 Jan 2008)
Long shadow hammer gives hope for the continuation of uptrend. But MACD and stochastic is pointing down. I will bet that it is going up. Why? It's election year and foreign funds are in. Do you notice the increase in BNM international reserves. Furthermore, blue chips are highly traded. Let's hope that my bet is correct.
Hongkong & Shanghai
Very long shadow candle. That could mean that the correction is over. Monthly chart still shows that the bulls are in control. Another weekly white candle should confirm the bottom of 21700. Does that mean that it is going for an Olympic rally? Will it be a marathon or a sprint? I'm stalking for possible trades. The problem is that many CW are deep out of the money. So have to wait for the next batch of new CW with lower exercise price.
A very long shadow doji. Another weekly white candle will be nice. No monthly chart reading because it is launch only in Dec 2006.
No reversal sign. The selling pressure is still strong. Why? Releasing funds for the cheaper Hongkong? Maybe the story will change by the end of week.
Friday, January 25, 2008
Weekly B&B Counters (25 Jan 08)
AASIA AEON AIKBEE AJI ANNJOO ARREIT ASIABRN ASIABRN-WA ASIATIC ATIS ATURMJU AUTOAIR BAT BERNAS BERTAM BINAIK BJCORP BJCORP-LC BJLAND BJLAND-LB BJTOTO BKAWAN BLDPLNT BSDREIT CCMDBIO CEPAT CHINTEK CNLT DELLOYD DFZ-PB DISCOMP DKLS DLADY DUTALND-LB EDARAN EKIB ETITECH FAJAR FAREAST FCW FCW-WA FUTUTEC GAMUDA GCE GCORP GNEALY HIGHTEC HINGYAP HUMEIND HWGB HYTEXIN ICP IJMPLNT INIX IOICORP IRCB JAYCORP JOBST JOHAN K1-WA KENMARK KHIND KLK KLUANG KMLOONG KMLOONG-WA KNM KPS KULIM KULIM-WB KURNIA KWANTAS LBICAP LFECORP LPI MAGNA MAGNA-WA MAGNUM MAHSING MASTEEL MAYBANK MBFHLDG MBFHLDG-WA MFLOUR MHC MMCCORP MMSV MNC MRCB MUDAJYA MWE NAKA NCB NESTLE NPC NSOP OCTAGON-WA PACMAS PADINI PAOS PBBANK PCCS PERISAI PICORP POHKONG POHUAT POHUAT-WA POLY PORTRAD PPB PTB RAMUNIA RAMUNIA-PA RAMUNIA-WA RAPID REDTONE RSAWIT RVIEW SAB SBCCORP SERSOL SHANG SIME SOP SOP-WA SSTEEL SSTEEL-LA TASEK TDM THPLANT TM TMCLIFE TSH UBG UMCCA UNICO UTDPLT WARISAN WASEONG WCT WCTLAND YEELEE YNHPROP YONGTAI YTLCMT ZA-OSKSB
Total: 146
The following are bearish counters filtered using my weekly criteria for the week ending 25 Jan 2008:
ABRIC ABRIC-WA ACOSTEC ADVENTA ADVPKG AFFIN AFFIN-WC AHEALTH AHP AIRASIA AIRB AIRPORT AJIYA AKN ALAQAR ALCOM AMDB AMFIRST AMMB AMMB-WB ANCOM ANCOM-WA APB APLAND APLI APOLLO ASAS ASB ASB-WA ASDION ASIAPAC ASUPREM ATRIUM AUTOAIR-WA AVENTUR AWC AXREIT BAHVEST BANENG BASWELL BCB BCTTECH BDB BGYEAR BIG BIG-WA BIMB BINTAI BIPORT BKOON BOLTON BOXPAK BPURI BRDB BREM BSDPROP BTECH BTM CAMERLN CAMRES CANONE CARLAW CARLSBG CAROTEC CCB CENBOND CFM CHANG CHASE CHASE-WA CHUAN CICB CIMA CMSB CNASIA COASTAL COMINTL COMPUGT CONNECT CRESNDO CSCENIC CVIEW CYL D&O DAIBOCI DAIMAN DAYA DBE DELEUM DENKO-WA DGATE DIALOG DIGISTA DIGISTA-WA DKSH DNP DOLMITE DOMINAN DPS DRBHCOM DUTALND DUTALND-WA DXN EBWORX ECM ECOFIRS EDEN EDEN-WA EFFICEN EFORCE EG-LA EKOVEST EKOVEST-WA EKOWOOD ELSOFT EMICO-WA EMIVEST ENGKAH ENGLOTC ENGTEX EONCAP EPIC EPMB EPMB-PA EPMB-PB EQUINE ESSO ESTETIC EUPE EUROSP EVERGRN EXTOL FABER FACBIND FARLIM FARMBES FAVCO FBO FFHB FIAMMA FITTERS FLONIC FOCAL FPI FREIGHT FRONTKN FSBM FURNWEB GADANG GBRIDGE GCE-WA GEFUNG GENTING GESHEN GFB-WB GHLSYS GKENT GLOBALC GLOSOFT GLOSOFT-WA GMUTUAL GOLDIS GOODWAY GOPENG GPERAK-NA GPHAROS GPRO GRANFLO GREENYB GSB GTRONIC GUANCHG GUH GUNUNG GUNUNG-WA GUOCO HAISAN HAPSENG HARBOUR HARISON HARNLEN-WA HDBS HEKTAR HEXAGON HEXZA HICITY HIL HLCAP HLFG HOHUP HOOVER HOVID HPI HSL HUAYANG HUBLINE HUNZA HUNZPTY HUNZPTY-WA HWATAI-WA ICBC-C1 IDAMAN IDAMAN-LB IE ILB INCKEN INGENS INGRESS INSAS-LA INTEGRA IOIPROP IPOWER IQGROUP IREKA IRIS-PA IRIS-WA IRMGRP ISS ITRONIC JADI JAVA JAVA-WA JERASIA JETSON-LA JLAND JMI JOHOTIN JPK KAF KAMDAR KAMDAR-LA KANNAL KASSETS KAWAN KBES KBUNAI KELADI KEN KENANGA KENCANA KEURO KEYWEST KFC KFIMA KHEESAN KHSB KIMBLE KIMBLE-WA KKB KOMARK KOMARK-WA KOSMO KOTRA KPJ KPSCB KRAMAT KSL KUB KUCHAI KURASIA L&G LATEXX LAYHONG LBALUM LBALUM-WA LBS LCHEONG-WA LCTH LDAUN LEESK LEWEKO LIENHOE LINEAR LIONCOR LIONCOR-WA LIONFIB LIPO LIQUA LIQUA-WA LITRAK LPF LUSTER LYSAGHT M3NERGY M3TECH MAA MAEMODE-WA MAHJAYA MAICA MALTON MANULFE MAS MAXBIZ MAXTRAL MAYBULK MAYPAK MBMR MBSB MCMTECH MECHMAR MEDAINC MEDIA MEDIA-LA MEDIA-WA MELEWAR MELEWAR-WA MEMS MENANG MENTIGA MERCES MERGE METACOR METECH METROD METROK MEXTER MFCB MIECO MIECO-WA MIKRO MINETEC MINHO MINPLY MISC MISC-O1 MITHRIL MITRA MKLAND MLAB MMM MMM-WB MMODE MMOSAIC MNRB MOBIF MQTECH MSC MTDACPI MTDINFR MTEAM MTRONIC MUDA MUIPROP MULPHAL MULPHAL-WA MULTICO MUTIARA MYCRON N2N NAIM NAMFATT NARRA NATWIDE NEXNEWS-PA NEXNEWS-WA NGIUKEE NGIUKEE-WA NHFATT NIHSIN NIKKO NSTP NWP NYLEX OCB OCTAGON OFI OGAWA OILCORP OKA OLYMPIA OLYMPIA-WA ONASTEL ONLINE OPCOM ORIENT ORNA OSK OSK-WB OSKPROP OSKPROP-WA OSKVI P&O PALETTE PANTECH PARAMON PASDEC PBA PDZ PECD PELIKAN PENSONI PENSONI-WA PENTA PERMAJU PERSTIM PETDAG PETGAS PETRA PETROCH-C1 PHARMA PILECON PJDEV PJDEV-WB PLENITU PMCORP PMETAL PMETAL-WB PMIND PNEPCB POLYTWR POS PPHB PRDUREN PREMIUM PRESTAR PRKCORP PRLEXUS PRTASCO PSIPTEK PSPRING PTARAS PUC QUALITY RALCO RALCO-WA RANHILL RCECAP RCI RHBCAP RHYTHM-WA SAAG SALCON SAMUDRA SAPCRES SAPCRES-WA SAPIND SAPRES SARAWAK SATANG SAUJANA SCIENTX SCOMI SCOMIMR SCOPE SDRED SEACERA SEAL SEEHUP SEG SERNKOU SHH SHL SINORA SJC SKPRES SMI SMI-LA SMISCOR SMPC-WA SMRTECH SPK SRIDGE SRII STEMLFE SUCCESS SUIWAH SUNCITY SUNINFR-WA SUNRISE SUPER SUPERLN SUPERMX SYMPHNY TA-WB TAFI TAHPS TAKASO TAKASO-WA TALIWRK-WA TAMCORP TANCO-WA TANJONG TAWIN TCUBES TDEX TECFAST TEKALA TGOFFS TGUAN TIME TIMECOM TIMWELL TMS TONGHER TOYOCEM TOYOINK TPC TRIPLC TRIUMPL TSRCAP TSRCAP-WA TSTORE TWSCORP UAC UCHITEC UDSCAP UMLAND UMS UNISEM UOAREIT UPA VINTAGE VIS VITROX VIZTEL VS WANGZNG WEIDA WELLI WIDETEC WIDETEC-WA WIJAYA WILLOW WONG WOODLAN WWCABLE XIANLNG YAHORNG YECHIU YGL YHS YIKON YILAI YINSON YLI YOKO YOKO-WA YSPSAH YTLE YTLLAND YTLLAND-PA ZECON ZECON-WA ZELAN
Total: 544
Wednesday, January 23, 2008
Around the World in 80 seconds
Looking at the monthly chart, there are still pockets of bulls here and there:
S&P 500: Bear
FTSE: Bear
DAX: Bear
Bovespa: Bull under correction.
Nikkei: Bear
Kospi: Going into bear.
Sensex: Bull under correction.
SSEC: Bull under correction.
HSI: Bull under severe correction which may turn into bear
KLCI: Bull under correction.
Tuesday, January 22, 2008
Where Are Thou, My Gomen?
KLCI technicals reinforce the bearish divergence in the weekly chart. Are we going into the next 5 years of bear year. When will the authorities approve the issuing of put warrants?
Anyway, what's the probability of HSI and SSEC diving another 5% everyday for the rest of the week? If it happens, this is the black swan that kill the long-only fund while benefiting the hedge funds.
Where is the invincible hand, gomen?
Sunday, January 20, 2008
KLCI
I was expecting a mild correction. But it was not to be. Long term trend is still up but RSI uptrend broken! A bad omen of things to come. I always used long term signals to enter, so it's natural to be caught like this. Sigh...profit vanish again.
Friday, January 18, 2008
Weekly B&B Counters (18 Jan 2008)
AASIA AEON AFG AIKBEE AJI ANALABS ANNJOO APM ARREIT ASIABRN ASIATIC ATIS ATURMJU AUTOAIR BAT BERTAM BINAIK BJCORP BJCORP-LC BJLAND BJLAND-LB BJTOTO BKAWAN BLDPLNT BREM-WA BSDREIT BURSA CBIP CBSTECH CCMDBIO CEPAT CHEEWAH CHINTEK COMMERZ CONNECT CRESBLD CRESBLD-WA DELLOYD DFZ-PB DFZ-PC DISTECH DKLS DLADY DUTALND-LB DVM E&O-WA EDARAN EKIB ETITECH EURO F&N FABER FAJAR FAREAST FCW FCW-WA FIMACOR FUTUTEC GAMUDA GCE GCORP GNEALY GUANCHG HIAPTEK HIGHTEC HINGYAP HIRO HUMEIND HWGB HYTEXIN ICAP ICP IJM IJM-WB IJMPLNT INIX INSAS IOICORP IRCB JAYCORP JETSON-WA JMR JOBST JOHAN KASSETS-WA KHIND KINSTEL KINSTEL-WA KLK KLUANG KMLOONG KMLOONG-WA KNM KRETAM KRETAM-LA KRETAM-WA KSENG KULIM KULIM-WB KURNIA KWANTAS LBICAP LCHEONG LFECORP LIONIND LMCEMNT LPI MAEMODE-WA MAGNA MAGNA-WA MAGNUM MAHSING MAHSING-WA MALPAC MASTEEL MATRIX MAYBANK MBFHLDG MBFHLDG-WA MELATI MFLOUR MHC MHOUSE MITHRIL-LA MMCCORP MODULAR MPCORP MPHB MRCB MTD MTDACPI MUDA MUDAJYA MWE NAKA NCB NESTLE NPC NSOP NVMULTI OCNCASH OCTAGON-WA OPCOM PA PACMAS PADINI PANAMY PBBANK PERISAI PICORP PIE PLB POHKONG POHUAT POHUAT-WA POLY PORTRAD PPB PTB PTGTIN PTGTIN-WA PWE RAMUNIA RAMUNIA-PA RAMUNIA-WA REDTONE RESORTS RSAWIT RVIEW SAB SBAGAN SCIB-WA SCOMIEN SERSOL SHANG SIME SOP SOP-WA SSTEEL SSTEEL-LA STAR SUNCRN SYF-WA TAMADAM TANAMAS TANJONG TDM TECGUAN TENAGA-LA THGROUP THPLANT TM TMCLIFE TOMEI TRACOMA TRC TRC-WA TSH TSM TWS TWSPLNT UBG UDSCAP-WA UEMWRLD UMCCA UNICO UNIMECH UTDPLT UTUSAN VITROX WARISAN WCT WCTLAND WCTLAND-LA YNHPROP YONGTAI YTLCMT YTLCMT-LA YTLPOWR YTLPOWR-WA YUNKONG
Total: 221
The following are bearish counters filtered using my weekly criteria for the week ending 18 Jan 2008:
ABFMY1 ABRIC ABRIC-WA ACOSTEC ADVENTA ADVPKG AHEALTH AHP AIRASIA AKN ALAQAR ALCOM AMDB AMFIRST AMMB AMMB-WB AMTEK ANCOM ANCOM-WA APB APLAND APLI APOLLO ARK ASAS ASB ASB-WA ASDION ASIAPAC ASUPREM ATRIUM AUTOAIR-WA AVENTUR AWC BAHVEST BANENG BASWELL BCB BCTTECH BDB BGYEAR BIG BIG-WA BIMB BINTAI BIPORT BKOON BOLTON BOXPAK BRDB BRIGHT BSDPROP BTM CAMERLN CANONE CARLAW CARLSBG CAROTEC CCB CFM CHANG CHASE CHASE-WA CHUAN CICB CIMA CMSB CNASIA COASTAL COMINTL COMMERZ-LA COMPUGT CRESNDO CSCENIC CYL D&O DAIBOCI DAIMAN DBE DEGEM DELEUM DENKO-WA DGATE DIGISTA DIGISTA-WA DKSH DNP DOMINAN DPS DRBHCOM DUTALND DUTALND-WA DXN EBWORX ECOFIRS ECOFIRS-WB EDEN EDEN-WA EFFICEN EFORCE EFUTURE EG-WB EKOWOOD ELSOFT EMICO-WA EMIVEST ENGKAH ENGLOTC ENGTEX EONCAP EPIC EPMB EQUINE-LA ESCERAM ESSO ESTETIC EUPE EUROSP EVERGRN EXTOL FACBIND FARLIM FARMBES FAVCO FBO FFHB FIAMMA FITTERS FLONIC FOCUS FPI FRB FRONTKN FSBM FURNWEB GADANG GBRIDGE GCE-WA GEFUNG GENTING GHLSYS GKENT GLOBALC GLOSOFT GLOSOFT-WA GMUTUAL GOLDIS GOODWAY GPHAROS GREENYB GSB GUNUNG GUOCO HAPSENG HARBOUR HARVEST HEXZA HIL HLCAP HLFG HOHUP HOOVER HOVID HSL HSLEONG HUAAN HUAYANG HUBLINE HUNZA HUNZPTY HUNZPTY-WA HWATAI-WA IDAMAN IDAMAN-LB IE ILB INFOTEC INGENS INGRESS INTEGRA IPOWER IQGROUP IREKA IRIS-PA IRIS-WA IRMGRP ISS ITRONIC JADI JAVA JAVA-WA JERASIA JETSON-LA JHM JMI JOHOTIN KAMDAR KAMDAR-LA KAMDAR-WA KANNAL KAWAN KBES KBUNAI KELADI KEN KENANGA KEURO KEYWEST KFC KFIMA KHEESAN KIALIM KIMBLE KIMBLE-WA KIMHIN KOMARK KOMARK-WA KOSMO KOTRA KPSCB KRAMAT KSL KURASIA L&G LATEXX LAYHONG LBALUM-WA LBS LBS-LC LCHEONG-WA LCTH LDAUN LEWEKO LIENHOE LIIHEN LIMAHSN LINEAR LIONCOR-WA LIPO LIQUA LIQUA-WA LITRAK LPF LUSTER LYSAGHT M3NERGY M3TECH MAA MAICA MANULFE MAXBIZ MAXTRAL MAYBULK MAYPAK MBMR MBSB MCMTECH MECHMAR MEDIA MEDIA-LA MEDIA-WA MELEWAR MELEWAR-WA MEMS MENANG MENANG-WA METACOR METECH METROD METROK MEXTER MIECO MIECO-WA MIKRO MINETEC MINHO MINPLY MISC-O1 MITHRIL MITRA MITRA-WB MKLAND MLAB MMM MMODE MNRB MOBIF MQTECH MSC MTEAM MTRONIC MUIPROP MULPHAL MULPHAL-WA MULTICO MUTIARA N2N NAIM NAMFATT NANYANG NARRA NATWIDE NEPLINE NEPLINE-WA NEXNEWS NGIUKEE-WA NHFATT NIHSIN NIKKO NSTP NWP NYLEX OCTAGON OFI OGAWA OIB OILCORP OKA OLYMPIA-WA ONLINE OSK-WB OSKPROP OSKPROP-WA OSKVI PALETTE PANTECH PARAMON PASDEC PAXELNT PDZ PECD PENSONI PENTA PERMAJU PERSTIM PETGAS PHARMA PILECON PJDEV PJDEV-WB PJI PK PLENITU PMBTECH PMCORP PMETAL PMETAL-WB PMIND PNEPCB POS PPG PPHB PRDUREN PREMIUM PRESTAR PRKCORP PRLEXUS PROTON PRTASCO PSPRING PTARAS PWORTH QSR QUALITY RALCO RALCO-WA RANHILL RCECAP RHYTHM-LA RHYTHM-WA RPB SAMUDRA SAPCRES-WA SAPIND SAPRES SATANG SAUJANA SCIENTX SCOMIMR SCOPE SDRED SEAL SEEHUP SERNKOU SHH SHL SINORA SKPRES SMI SMISCOR SMPC SMPC-WA SPK SPRITZR SRIDGE SRII STAREIT STEMLFE STSTEC SUCCESS SUIWAH SUNCITY SUNRISE SUPERLN SUPERMX TAFI TAHPS TAKASO TAKASO-WA TAMADAM-WA TAMCORP TANCO-WA TAWIN TCUBES TDEX TECFAST TEKALA TEKSENG TGOFFS TGOFFS-WA TGUAN TIENWAH TIMECOM TIMWELL TMS TNLOGIS TONGHER TOYOCEM TOYOINK TPC TRIUMPL TSRCAP TSTORE TWSCORP UAC UCHITEC UEMBLDR UMLAND UMS UMSNGB UNISEM UOAREIT UPA VERSATL VINTAGE VIS VIZTEL WANGZNG WEIDA WELLI WIDETEC WIJAYA WILLOW WONG WOODLAN WWCABLE XIANLNG YECHIU YGL YHS YIKON YILAI YLI YOKO YOKO-WA YTLLAND YTLLAND-PA ZECON ZECON-WA ZELAN
Total: 470
Tuesday, January 15, 2008
Manipulation
I read at their statements and I want to laugh. Since when the stock market is not manipulated? So what to complain? Jim Cramer has admitted of manipulation. Even the US government manipulate the stock market through their Plunge Protection Team. So what's wrong if our government manipulate the market? The invincible hand has been pushing the index since Christmas.
Trading in stocks always comes with a certain risk. We need to always beware of the big crocodiles. They manipulate the price, the volume and the news. They play with your emotion. That's why it is never easy to make money.
So either you dance along with them or you just sit at the sideline watching. It's ok to highlight the manipulative dangers to the young and innocent, but don't make it a political issue or complaint Aiyoh, politicians themselves are equally manipulative. But they act as if they are holier than thou. My point is manipulative push up or push down are all natural actions in a stock market.
My current reading of the KLCI:
Correction has set in (obvious statement). If uptrend to continue, the correction should not fall below around 1480. That's all I can interpret from the chart. It's it all over? It's only 2 days action, I can't conclude from just two days of data. One thing for sure, I don't see any euphoric volume yet (because many retailers are aware of the manipulation?).
Well, if the Ringgit continue to strengthen against the US dollar, I guess the foreigners will buy more of our stock. I'm still concentrating on the blue chips counters. If they want to manipulate, then it is easier to buy the largest weighting KLCI component to push up. Furthermore, foreigners will only buy large liquid stocks.
Some of by holdings have good buffer, some have gone back to square one. Some are near my stop loss. I will stay aside for now until the selling pressure subsides. When? I hope soon.
Monday, January 14, 2008
Feng Shui Article
I will review it from time to time to find out the effectiveness of this technique for stock picking.
A year to think big
By Chong Pooi Koonpooikoon@nstp.com.my
FOR those who believe in "Feng Shui", the Year of Earth Rat may bring a bumper harvest for industries that include the stock market, entertainment, mining, jewellery, real estate and construction.
However, it will be difficult for the shipping, banking and transport sectors, while stiff competition in agriculture, plantation and publishing industries will allow only the best to survive, according to well-known Feng Shui guru, Lillian Too.
"This is a year of unbalanced elements with 'metal' and 'fire' sorely lacking. But it is also a year blessed with wealth and victory luck, and the key to getting the most out of the year is simply to get the timing right," Too told a packed audience at a full-day Feng Shui talk in Kuala Lumpur yesterday.
The year has plenty of wealth potential, and is a year to think big. All animal signs, except for horse, could benefit from taking risks and being brave, she said.
"It is a year when being big-hearted reaps dividends. Your attention should be focused on spotting opportunities that bring long-term benefits."
Too said the missing fire element is making the financial market look very unstable this year, suggesting that the uncertainties resulting from the US subprime problem may not be ending yet.
Nevertheless, she said the second half of the year will be better and that investors may accumulate shares when prices fall and take the pickings later in the year.
Too also told investors to bet on real estate this year.
"Earth is wealth, so buy property. But make sure they are landed property. You must be able to feel the earth and feel the wealth."
She added that 2008 will be a great year for those born under the Chinese sign of rabbit.
Generally, people should wear more red and yellow gold to attract positive energy that will bring wealth and prosperity.
Overall, the missing 'fire' and 'metal' means the lack of creativity, intelligence and power.
"There will be not-so-smart people being thrown into the spotlight, making stupid mistakes," Too said.
She said the clash of "water" and "earth" indicates political and international conflicts in the global arena. However, the Rat Year will bring new beginnings, new international relations and new government.
Sunday, January 13, 2008
Sector Index Analysis (11 Jan 2008)
What a rally. Daily is overbought. Weekly coming to overbought zone too. Correction should set in, if not I will get more nervous. The target for most analyst has been reached in the 2nd week of the year. What's next? Just ride the bull.
Maybank and Commerz help the index to break out. I missed out Maybank warrant. Commerz has no warrant, so left PBBank. I hope it will move too. Chart not yet overbought, so I am expecting for more upside.
Breakout too. I'm wondering how far will Gamuda go. I'm still observing YTL. The chart for YTL does not look good. Maybe I should consider Cresbld?
Still going up. No idea where will it stop.
Downtrend confirm broken. I shall wait for the base building phase first. I will still not buy any property counter yet.
Downtrend has been broken. Still waiting for the base building phase. Not interested in any 2nd board counters.
Friday, January 11, 2008
Weekly B&B Counters (11 Jan 2008)
AASIA AEON AFFIN-WC AFG AIC AIKBEE AJI ANALABS ANNJOO APEX APM ARREIT ASIABRN ASIATIC ATIS ATURMJU AUTOAIR AZRB BERTAM BJCORP BJCORP-LC BJLAND BJLAND-LB BJTOTO BKAWAN BLDPLNT BREM-WA BSDREIT BURSA CBIP CBSTECH CCMDBIO CEPAT CHEETAH CHEEWAH CHINTEK CHOOBEE COMMERZ CONNECT CRESBLD CRESBLD-WA DELLOYD DFZ-PA DFZ-PB DFZ-PC DFZ-PD DIALOG DIGI DISTECH DKCORP DKLS DLADY DUTALND-LB DVM E&O-WA EDARAN EKIB ETITECH EURO F&N FABER FAJAR FAREAST FCW FCW-WA FIMACOR FTEC FUTUTEC GAMUDA GCE GCORP GNEALY GPLUS HARNLEN HARNLEN-WA HEXAGON HIAPTEK HIGHTEC HINGYAP HIRO HLBANK HLFG HLIND HTPADU HUMEIND HWGB HYTEXIN ICAP ICP IJM IJM-WB IJMPLNT INSAS INSAS-LA IOICORP IRETEX JETSON JMR JOBST KASSETS-WA KEINHIN KENMARK KHIND KIANJOO KINSTEL KINSTEL-WA KKB KLCCP KLK KLUANG KMLOONG KMLOONG-WA KNM KPOWER KRETAM KRETAM-LA KRETAM-WA KSENG KULIM KULIM-WB KWANTAS LBICAP LFECORP LIONCOR LIONIND LMCEMNT LOH&LOH LPI MAGNA MAGNA-WA MAGNUM MAHSING MAHSING-WA MALPAC MASTEEL MATRIX MAYBANK MAYBANK-CA MBFHLDG MBFHLDG-WA MELATI MERCES MHC MHOUSE MILUX MINETEC MITHRIL-LA MMCCORP MPCORP MPHB MPHB-WB MRCB MTD MTDACPI MUDA MUDAJYA MUH MUHIBAH MULPHA MWE NAKA NCB NESTLE NOTION NPC NSOP NTPM NVMULTI OCNCASH OPCOM PA PACMAS PADINI PANAMY PARKSON PBBANK PICORP PIE PLB PNEPCB POHKONG POHUAT POHUAT-WA POLY PORTRAD PPB PTGTIN PTGTIN-WA PWE RAMUNIA-PA REDTONE RESINTC RESORTS RSAWIT RVIEW SAB SALCON SBAGAN SBCCORP SCOMIEN SHANG SILVER-WA SIME SINDORA SKBSHUT SOP SOP-WA SPRITZR SSTEEL SSTEEL-LA STAR SUNCRN TAMADAM TANAMAS TANCO TANJONG TCHONG TDM THGROUP THPLANT TM TMCLIFE TOMEI TRACOMA TRC TRC-LA TRC-WA TSH TSM TWS TWSCORP TWSPLNT UBG UEMWRLD UMCCA UNICO UNIMECH UTDPLT UTUSAN VADS VITROX WCT WCTLAND WCTLAND-LA WWTKH YECHIU YEELEE YONGTAI YTL YTL-WB YTLCMT YTLCMT-LA YTLPOWR YTLPOWR-WA YUNKONG
Total: 255
The following are bearish counters filtered using my weekly criteria for the week ending 11 Jan 2008:
ABFMY1 ABRIC ABRIC-WA ACOSTEC ADVENTA ADVPKG AHEALTH AHP AIRASIA ALAQAR ALCOM AMFIRST AMTEK ANCOM-WA APB APLAND APLI APOLLO ARK ASAS ASB ASB-WA ASCAP ASDION ASIABRN-WA ASIAPAC ASTINO ATRIUM AUTOAIR-WA AVENTUR AWC AXREIT BAHVEST BANENG BASWELL BCB BCTTECH BIG-WA BIMB BINTAI BIPORT BKOON BOLTON BRIGHT BTM CAMERLN CANONE CARLAW CARLSBG CAROTEC CCB CFM CHANG CHASE CHASE-WA CIHLDG-WA CME CNASIA COMINTL COMPUGT CRESNDO CSCENIC CVIEW CYMAO D&O DAIBOCI DAIMAN DAYA DBE DEGEM DGATE DIGISTA DIGISTA-WA DISCOMP DOLMITE DOMINAN DPS DRBHCOM DUTALND-WA DXN EBWORX ECOFIRS ECOFIRS-WB EDEN-WA EFORCE EFUTURE EG-WB EKOWOOD ELSOFT EMIVEST ENGKAH ENGLOTC EONCAP EPMB ESCERAM ESSO ESTETIC EUPE EUROSP EVERGRN EXTOL FACBIND FARLIM FARMBES FBO FFHB-WB FIAMMA FITTERS FLONIC FOCAL FPI FRONTKN FSBM FURNWEB GABLUE GCE-WA GEFUNG GHLSYS GKENT GLOBALC GLOSOFT GLOSOFT-WA GMUTUAL GOLDIS GOODWAY GPHAROS GREENYB GSB HAPSENG HARBOUR HEXZA HLCAP HOHUP HOOVER HOVID HSLEONG HUAAN HUAYANG HUBLINE HUNZA HUNZPTY HUNZPTY-WA HWATAI-WA IDAMAN IDAMAN-LB ILB INFOTEC INGRESS IOIPROP IPMUDA IREKA IRIS-PA IRIS-WA IRMGRP ISS JADI JAVA JERASIA JETSON-WA JHM JMI JOHOTIN JOTECH JTINTER KAMDAR KANNAL KBES KENANGA KEURO KEYWEST KFC KFM KHEESAN KIALIM KIMBLE-WA KIMHIN KOMARK KOMARK-WA KOSMO KOTRA KPSCB KRAMAT KSL KURASIA KYM LAYHONG LCHEONG LCTH LDAUN LEWEKO LIENHOE LIIHEN LIMAHSN LINEAR LIONCOR-WA LIPO LIQUA LIQUA-WA LITRAK LPF LUSTER LYSAGHT MAA MAHJAYA MAICA MAXBIZ MAXTRAL MAYPAK MBMR MCMTECH MEDAINC MEDIA-LA MEDIA-WA MEMS MENANG MENANG-WA METECH METROD MIECO MIECO-WA MIKRO MINHO MINPLY MISC-CA MITHRIL MITRA MITRA-WB MMM MMM-WB MMODE MOBIF MODULAR MSC MSNIAGA MTEAM MTRONIC MUIPROP MULPHAL-WA MULTICO N2N NAIM NALURI NARRA NATWIDE NEXNEWS NEXNEWS-WA NGIUKEE NGIUKEE-WA NIHSIN NWP OCTAGON OFI OIB OILCORP OKA OSKPROP OSKPROP-WA OSKVI PAHANCO PALETTE PANTECH PAXELNT PBA PDZ PECD PENSONI PENSONI-WA PERMAJU PERSTIM PHARMA PJDEV PJI PLENITU PMBTECH PMCORP PMETAL PMIND POS PPG PPHB PRDUREN PRESTAR PRIME PRLEXUS PROTON PRTASCO PSPRING PW QSR QUALITY RALCO RALCO-WA RAPID-WA RHYTHM-LA RHYTHM-WA RPB SAMUDRA SAPIND SAPRES SATANG SAUJANA SCIB-WA SCIENTX SCOMIMR SCOPE SEAL SEEHUP SEG SERNKOU SHCHAN-WA SHL SINORA SITATT SMISCOR SRII STAREIT STSTEC SUCCESS SUIWAH SUNCITY SUNRISE SUPER SUPERLN SUPERMX TAFI TAKASO TAKASO-WA TALAM TALAM-PA TAMADAM-WA TAMCORP TANCO-WA TAWIN TDEX TECFAST TEKALA TEKSENG TGOFFS TGOFFS-WA TGUAN TIMWELL TMS TNLOGIS TONGHER TPC TRIUMPL TSRCAP TSTORE UBB UCHITEC UOAREIT UPA VERSATL VINTAGE VIZTEL WANGZNG WEIDA WELLI WIDETEC WIDETEC-WA WIJAYA WILLOW WONG WOODLAN WWCABLE XIANLNG YIKON YILAI YINSON YLI YOKO YSPSAH ZECON ZELAN
Total: 374
Thursday, January 10, 2008
Warrant selection rules
0. The underlying stock must give some (or already given) bullish signals.
1. More than 2 months of lifetime (I cannot handle the pressure if it is too short).
2. Must be in the money or almost in the money (better chance that it does not become expensive toilet paper).
3. The lower the premium, the better (of course, what a silly statement!).
Due to the warrant's limited lifetime, I will never buy a warrant (or bottom fish) and wait for the underlying stock to turn bullish. The risk is not worth it.
My choices (in decreasing preference):
- IOICorp: CE, CG, CF
- KLK: CE, CF
- Bursa: CF, CI, CH
- Maybank: CF, CG, CE
- PBBank: CD, CF, CE
- Resorts: CE, CD
- YTL: CE, CF
Tuesday, January 08, 2008
Blue chips
BJTOTO GAMUDA IOICORP KLK MAYBANK SIME TM YTL YTLPOWR
I'm in BJToto, Gamuda, IOICorp & YTLPower. I'm also in Resorts and PBBank.
I'm looking into Bursa, Sime and YTL.
Daily chart for KLCI is overbought. Hopefully, the trend is strong and it can continue to stay overbought. It's almost touching 1500. Using channel theory, the upper limit is around 1520 to 1540 (depending on the time frame). I don't like to give targets, but one must see how it react at this potential selling point.
Today the construction and finance counters rallied. Maybank failed to turn out from my Metastock filter! Looking back at yesterday's chart, my eye filter would have rate a buy yesterday. I don't know how did it slip from me.
Sunday, January 06, 2008
Weekly Bullish & Bearish Counters (4 Jan 08)
AEON AFG AIC AIKBEE AJI ANALABS ANNJOO APEX APM ARREIT ASIABRN ASIAFLE ASIATIC ATIS ATURMJU AUTOAIR BERTAM BHIC BJCORP BJCORP-LC BJLAND BJLAND-LB BJTOTO BKAWAN BLDPLNT BONIA-WA BSDREIT BURSA CBIP CBSTECH CEPAT CHEETAH CHEEWAH CHINTEK CHOOBEE CIHLDG CONNECT CRESBLD CRESBLD-WA DELLOYD DFZ-PB DFZ-PD DIALOG DIGI DKCORP DKSH DLADY DVM E&O-WA EDARAN EKIB ETITECH EURO F&N FAREAST FIMACOR FUTUTEC GAMUDA GCE GNEALY GPLUS HARNLEN-WA HEXAGON HIAPTEK HIGHTEC HINGYAP HIRO HLBANK HLIND HTPADU HUMEIND HWGB HYTEXIN ICAP ICP IJM IJM-WB IJMPLNT INTI IOICORP IRETEX JETSON JMR KASSETS KASSETS-WA KEINHIN KIANJOO KKB KLK KLUANG KMLOONG KMLOONG-WA KNM KPJ KPOWER KRETAM KRETAM-LA KRETAM-WA KSENG KULIM KULIM-WB LBICAP LFECORP LIONCOR LMCEMNT LOH&LOH LPI LTKM MAGNA MAGNA-WA MAGNUM MALPAC MASTEEL MATRIX MAYBANK MBFHLDG MELATI MHC MINETEC MITHRIL-LA MITHRIL-WB MMCCORP MPCORP MPHB MTD MTDACPI MUDA MUDAJYA MUH MWE NAKA NCB NESTLE NOTION NPC NSOP NTPM NVMULTI PA PACMAS PADINI PANAMY PARKSON PBBANK PIE PLB PLB-WA PMIND PMIND-WA POHKONG POHUAT POHUAT-WA PPB PTGTIN PWE RAMUNIA-PA REDTONE RESINTC RSAWIT RVIEW SAB SALCON SBAGAN SBCCORP SCOMIEN SILVER SILVER-WA SIME SINDORA SKBSHUT SOP SOP-WA SSTEEL SSTEEL-LA STAR SUNCRN TAKAFUL TAMADAM TANAMAS TANJONG TDM TENAGA-LA THGROUP THPLANT TM TOMEI TRACOMA TRC TRC-LA TRC-WA TSH TSM TWS TWSPLNT UBG UMCCA UNICO UNIMECH UTDPLT VADS VITROX WATTA WCTLAND-LA WWTKH YEELEE YONGTAI YTL YTL-WB YTLCMT YTLCMT-LA YTLPOWR YTLPOWR-WA YUNKONG
Total: 213
The following are bearish counters filtered using my weekly criteria for the week ending 4 Jan 2008:
ABRIC ABRIC-WA ACOSTEC ADVENTA ADVPKG AFFIN AHB AHEALTH AIM AIRASIA AIROCOM AISB AKN ALAQAR ALCOM AMDB AMFIRST AMMB AMMB-WB AMTEK AMWAY ANCOM ANCOM-WA APLAND APLI APOLLO ARK ASAS ASB ASB-WA ASCAP ASDION ASIABRN-WA ASIAPAC ASTINO ASUPREM ATRIUM AVENTUR AWC BANENG BASWELL BCB BCTTECH BDB BIG BIG-WA BIMB BINAIK BIPORT BKOON BOLTON BPPLAS BRDB BRIGHT BSA BTM CAMERLN CANONE CARLAW CARLSBG CAROTEC CENTURY CENTURY-WA CFM CHANG CHASE CHASE-WA CHUAN CICB CIHLDG-WA CME CMSB CNASIA COMINTL COMMERZ-LA COMPUGT CSCENIC CVIEW CWORKS CYMAO D&O DAIBOCI DAIMAN DAYA DBE DBHD DENKO-WA DGATE DIGISTA DIGISTA-WA DISCOMP DISTECH DKLS DNP DOLMITE DOMINAN DPS DRBHCOM DUTALND DXN EBWORX ECOFIRS ECOFIRS-WB EDEN EDEN-WA EG EG-WB EKOVEST EKOVEST-WA EKOWOOD EKSONS ELSOFT EMICO-WA EMIVEST ENGKAH ENGLOTC ENGTEX EONCAP EPMB EPMB-PB EPMB-WA EQUINE ESCERAM ESSO ESTETIC EUPE EUROSP EVERGRN EXTOL FACBIND FARLIM FARMBES FBO FIAMMA FITTERS FLONIC FOCAL FOCUS FRONTKN FSBM FURNWEB GABLUE GCE-WA GEFUNG GENTING GHLSYS GKENT GLOBALC GLOSOFT GLOSOFT-WA GMUTUAL GOLDIS GOLSTA GOODWAY GPA GPHAROS GSB GTRONIC GUINESS HAPSENG HARBOUR HDBS HEXZA HICITY HLCAP HOHUP HOOVER HOVID HUAAN HUAYANG HUBLINE HUNZA HUNZPTY HUNZPTY-WA HWATAI-WA IBHD IDAMAN IDAMAN-LB IGB ILB INGENS INGRESS IOIPROP IPMUDA IPOWER IQGROUP IREKA IRIS IRIS-PA IRIS-WA IRMGRP ISS JADI JASKITA JAVA JAVA-WA JAYCORP JERASIA JETSON-LA JETSON-WA JLAND JMI JOHAN JOHOTIN JOTECH JTINTER KAMDAR KAMDAR-WA KANNAL KBES KBUNAI KELADI KEN KENANGA KEURO KEYWEST KFC KFIMA KFM KHEESAN KHSB KIALIM KIMHIN KLCITY KOMARK KOMARK-WA KOSMO KOTRA KPSCB KRAMAT KSL KUB KUCHAI KURASIA KYM L&G LATEXX LAYHONG LBALUM-WA LBS LCHEONG-WA LCTH LDAUN LEESK LEWEKO LIENHOE LIIHEN LIMAHSN LINEAR-WA LIONCOR-WA LIPO LIQUA LIQUA-WA LITRAK LNGRES LONBISC LPF LUSTER LYSAGHT M3NERGY MAA MAHJAYA MAICA MALTON MAXBIZ MAXTRAL MAYPAK MBMR MBSB MCMTECH MECHMAR MEDAINC MEDIA MEDIA-LA MEDIA-WA MEMS MENANG MENANG-WA METACOR METECH METROK MIECO MIECO-WA MIKRO MINHO MINPLY MINTYE MISC-CA MITHRIL MITRA MITRA-WB MKLAND MKLAND-WA MMM MMM-WB MMODE MMSV MNRB MOBIF MQTECH MRCB MSC MSNIAGA MTEAM MTRONIC MUIIND-LA MUIIND-LB MUIPROP MULPHAL-WA MULTICO MUTIARA MYCOM N2N NAIM NALURI NAMFATT NARRA NATWIDE NEPLINE-WA NEXNEWS-WA NGIUKEE NGIUKEE-WA NICORP NIHSIN NWP OCTAGON OCTAGON-WA OFI OIB OILCORP OKA OLYMPIA OLYMPIA-WA OSK OSK-WB OSKPROP OSKPROP-WA OSKVI PAHANCO PALETTE PARAGON PARAMON PAXELNT PBA PDZ PECD PENSONI PERMAJU PERSTIM PHARMA PICORP PILECON PJDEV PJDEV-WB PJI PK PLENITU PLS PMBTECH PMCAP PMCORP PMETAL PMHLDG POS PPG PPHB PRDUREN PREMIUM PRESTAR PRESTAR-WA PRIME PRKCORP PRLEXUS PROTON PRTASCO PSIPTEK PW PWORTH QSR RALCO RANHILL RAPID RAPID-WA RCECAP RCI RHYTHM RHYTHM-LA RHYTHM-WA RPB SAMUDRA SANICHI SAPCRES SAPCRES-WA SAPIND SAPRES SATANG SAUJANA SCICOM SCOMI SCOMIMR SCOPE SDRED SEAL SEEHUP SEG SERNKOU SERSOL SHCHAN-WA SHH SHL SITATT SJC SKPRES SMI SMISCOR SMRTECH SPK SPSETIA SRIDGE SRII STAMCOL-WA STAREIT STSTEC SUCCESS SUIWAH SUMATEC SUNRISE SUPER SUPERLN SUPERMX SYMPHNY SYMPHNY-WA TA TA-WB TAFI TAKASO TAKASO-WA TALAM TALAM-PA TAMADAM-WA TAMCORP TANCO-WA TAWIN TCUBES TDEX TEBRAU TECFAST TEKALA TEKSENG TEXCYCL TGOFFS TGOFFS-WA TGUAN TIME TIMECOM TIMWELL TITAN TMCLIFE TNLOGIS TONGHER TOYOCEM TPC TSTORE UAC UBB UCHITEC UDSCAP UDSCAP-WA UEMBLDR UEMWRLD UMSNGB UPA UTUSAN VERSATL VINTAGE VIS WANGZNG WEIDA WELLI WIDETEC WIDETEC-WA WIJAYA WILLOW WONG WOODLAN WTHORSE WWCABLE XIANLNG YAHORNG YHS YIKON YILAI YINSON YLI YOKO YOKO-WA YSPSAH YTLLAND-PA ZECON ZECON-WA ZELAN
Total: 501
Sector Index Analysis
RSI downtrend broken, indicating the downward pressure is over. But no sign on the continuation of uptrend. I will not play any property counter yet.
Still going up strongly. I have positions in IOICorp and Kretam warrant.
Struggling to built a base. No sign of continuation of uptrend yet. I only have position in PBBank warrant as its chart is the best among the rest. I'm looking at Bursa too.
Some sign of continuation of uptrend (i.e. stochastic) but not yet fully confirm. The only counter I have a position now is Gamuda warrant.
Friday, January 04, 2008
Recovering
By the way, in my recovering process, I wrote a flash application to calculate the warrant premium and gearing. I did this because the number of warrants (including covered warrants) are increasing until I find it very hard to do it manually using my Excel. What this flash do is that it retrieves the data from Yahoo and calculate the premium/gearing. I'm looking for a free website to publish this flash so that you guys may benefit from it. But due to the security settings of the flash player, it doesn't work.
Saturday, December 29, 2007
Personal Problem
Happy New Year to all of you. May we have a better prospect in 2008.
Monday, December 17, 2007
Put Warrant
Anyway, I hope that CIMB will also consider issuing put warrant (in US, they call it put options). Then only fair to the traders, can make money in bull or bear. What say you, CIMB team?
Friday, December 14, 2007
Weekly Bullish & Bearish Counters
AIC AIKBEE AIRPORT AJI ALAM AMTEK APM ASIABRN ASIAFLE ASIATIC ATIS ATLAN-WA ATURMJU AUTOAIR AUTOAIR-WA BERNAS BHIC BJCORP BJCORP-LC BJLAND BJLAND-LB BJTOTO BKAWAN BLDPLNT BONIA BONIA-WA BSDREIT BURSA CBIP CBSTECH CEPAT CEPCO CHINTEK CIHLDG CNLT CRESBLD DFZ-PC DIGI DKCORP DLADY EBCAP EDARAN EKIB EON F&N FAREAST FIMACOR GAMUDA GBH GBRIDGE GCE GNEALY GPLUS HALIFAX HALIFAX-WA HARISON HEXAGON HIGHTEC HINGYAP HLBANK HYTEXIN ICAP IJM IJMPLNT INSAS-LA INTEGRA INTI IOICORP JETSON JOBS KEINHIN KESM KIANJOO KLK KMLOONG KMLOONG-WA KNM KPOWER KRETAM KSENG KULIM KULIM-WB KWANTAS LFECORP LIONDIV LMCEMNT LOH&LOH LPI LTKM MAEMODE MAEMODE-WA MAGNA MAGNA-WA MAGNI MAGNUM MALPAC MAS MASTEEL MATRIX MHC MINETEC MISC MISC-O1 MMCCORP MODULAR MPCORP MPHB MTEAM MUH NAKA NESTLE NOTION NPC NSOP NVMULTI NYLEX PA PADINI PAHANCO-WA PANAMY PAOS PARKSON PBBANK PICORP PIE PLB PLB-WA POHKONG POHUAT POHUAT-WA PPB PUNCAK QUALITY RESINTC ROHAS RSAWIT RVIEW SARAWAK SATANG SBAGAN SILVER SILVER-LA SILVER-WA SIME SINDORA SKBSHUT SOP SOP-WA SPRITZR SSTEEL SUNINFR TAKAFUL TALIWRK TAMADAM TANAMAS TANCO TCHONG TDM TECGUAN TENAGA-LA TM TOMEI TRACOMA TRC TRC-WA TSH TWS TWSPLNT UBG UMCCA UNICO UTDPLT VADS VITROX WARISAN WATTA YIKON YTL-WB YTLCMT-LA YTLPOWR YTLPOWR-WA YUNKONG ZA-OSKSB
Total: 183
In: AMTEK ATLAN-WA BJTOTO DFZ-PC GAMUDA HINGYAP HYTEXIN KEINHIN MAEMODE-WA MATRIX MTEAM PANAMY PAOS POHUAT POHUAT-WA RESINTC SATANG SILVER-LA SILVER-WA TAMADAM TANCO TRACOMA WARISAN YTLCMT-LA ZA-OSKSB
Out: ALLIANZ APOLLO AZRB CCB CCMDBIO D&O DEGEM DELLOYD EFFICEN FFHB FORMOST HARNLEN-WA HLFG HPI INSBIO JAKS JAYCORP KEYWEST KRETAM-LA LANDMRK LKT NALURI OGAWA RAMUNIA-LA REDTONE SUNINFR-WA SUNWAY-WB TALAM-PA TRIPLC UNISEM YEELEE YTL
The following are bearish counters filtered using my weekly criteria for the week ending 14 Dec 2007:
ACOSTEC ADVENTA ADVPKG AHB AHB-WA AHP AIC-WB AIRASIA AIROCOM AISB AKN AKNMTEC ALAQAR ALCOM AMDB AMFIRST AMMB AMMB-WB AMWAY ANALABS ANCOM ANCOM-WA APB APLAND APLI ARK ASAS ASB ASB-WA ASCAP ASIAEP ASIAEP-WA ASIAPAC ASIAPLY ASTINO ASUPREM ATRIUM AVENTUR AWC AXREIT BANENG BASWELL BCB BCTTECH BDB BGYEAR BIG BIG-WA BINAIK BKOON BOLTON BORNOIL BOXPAK BPURI BREM BREM-WA BRIGHT CAELY CAMERLN CANONE CARLAW CARLSBG CAROTEC CENTURY-WA CFM CHANG CHASE CHASE-WA CHUAN CICB CIMA CMSB CNASIA CNI COCOLND COMMERZ COMMERZ-LA COMPUGT CRESNDO CSCENIC CVIEW CWORKS CYBERT CYMAO DAIBOCI DAYA DBHD DGATE DIGISTA-WA DISTECH DKLS DNP DOLMITE DOMINAN DPS DRBHCOM DXN E&O E&O-LA E&O-WA E&OPROP EBWORX ECM ECOFIRS ECOFIRS-WB EDEN EDEN-WA EFORCE EFUTURE EG EKOVEST EKOVEST-WA EKOWOOD EKSONS ELSOFT EMICO-WA EMIVEST ENGKAH ENGLOTC ENGTEX ENVAIR EONCAP EPIC EPMB EPMB-PB EQUINE EQUINE-LA ESCERAM ESTETIC EUPE EUROSP EVERGRN FABER FACBIND FARLIM FARMBES FASTRAK FBO FFHB-WB FIAMMA FOCAL FOCUS FRONTKN FSBM FURNWEB GABLUE GADANG GCORP GEFUNG GENTING GFB-WB GKENT GKENT-LA GLOBALC GLOMAC GLOSOFT GLOSOFT-WA GMUTUAL GOLDIS GOLSTA GOODWAY GPA GPACKET GPHAROS GSB GTRONIC GUINESS HAISAN HALIM HAPSENG HEXZA HIAPTEK HICITY HIL HOHUP HOOVER HSLEONG HUAAN HUATLAI-LA HUAYANG HUNZA HUNZPTY HUNZPTY-WA HWATAI HWATAI-WA IBHD IBRACO IDAMAN IDAMAN-LB IFCAMSC IGB ILB INFOTEC INGENS INGRESS INSAS IPMUDA IPOWER IQGROUP IRCB IREKA IRIS IRIS-PA IRIS-WA IRMGRP ISS ISYODA JADI JASKITA JAVA JAVA-WA JERASIA JHM JLAND JOHAN JOHOTIN JOTECH JTINTER KAMDAR KAMDAR-WA KANNAL KBES KBUNAI KELADI KEN KENANGA KEURO KFIMA KFM KHEESAN KHSB KIMHIN KOBAY KOMARK KOMARK-WA KONSORT KOSMO KOSSAN KOTRA KRAMAT KSL KUB KUCHAI L&G LATEXX LBALUM LBALUM-WA LBS LBS-LB LCHEONG-WA LCTH LDAUN LEESK LEWEKO LIENHOE LIIHEN LINEAR LINGUI LIONFIB LIPO LIQUA LIQUA-WA LNGRES LSTEEL LUSTER LYSAGHT M3NERGY MAA MAHJAYA MAHSING-WA MAICA MALTON MARCO MAXBIZ MAXTRAL MAYPAK MBFHLDG-WA MBMR MBSB MCMTECH MECHMAR MEDAINC MEDIA MEDIA-LA MEDIA-WA MELEWAR MELEWAR-WA MEMS MENANG MENANG-WA MERGE METACOR METECH METROK MEXTER MFCB MFLOUR MICROLN MIECO-WA MILUX MINHO MINPLY MINTYE MITHRIL MITRA MKLAND MKLAND-WA MMM MMM-WB MNRB MOBIF MRCB MSNIAGA MTDINFR MTRONIC MUDA MUIIND-LA MUIIND-LB MUIPROP MULPHAL MULPHAL-WA MULTICO MYCOM MYCRON NAIM NALURI NAMFATT NAMFATT-LB NARRA NATWIDE NCB NEPLINE NEPLINE-WA NEXNEWS-WA NGIUKEE NGIUKEE-WA NICORP NIHSIN NWP OCB OCTAGON-WA OFI OIB OILCORP OKA OLYMPIA OLYMPIA-WA ONASTEL OPCOM OSK-WB OSKPROP OSKPROP-WA OSKVI PACMAS PALETTE PANTECH PARAGON PASDEC PATIMAS-WA PBA PDZ PECD PELIKAN PENSONI PENTA PERISAI PERSTIM PHARMA PILECON PJDEV PJDEV-WB PJI PLENITU PMBTECH PMCAP PMCORP PMETAL-WB PMHLDG PMIND-WA POLYTWR POS PPHB PRDUREN PREMIUM PRESTAR PRESTAR-WA PRIME PRKCORP PRLEXUS PROTON PRTASCO PSIPTEK PTGTIN PTGTIN-WA PUNCAK-NA PWORTH RALCO RALCO-WA RANHILL RAPID RAPID-WA RCECAP REXIT RHYTHM RHYTHM-LA RHYTHM-WA RPB SAAG SAAG-WA SAMUDRA SAPCRES SAPCRES-WA SAPIND SAPRES SAUJANA SBCCORP SCIB-WA SCICOM SCIENTX SCOMI SCOMIMR SCOPE SDRED SEAL SEG SERNKOU SERSOL SHH SINORA SITATT SKPRES SMI SMISCOR SMPC-WA SMRTECH SPB SPK SPSETIA SRIDGE SRII SSTEEL-LA STAMCOL STAMCOL-WA STAREIT STEMLFE STONE SUBUR SUIWAH SUMATEC SUNRISE SUPER SUPERMX SYMPHNY-WA TA TA-WB TAFI TAKASO TALAM TAMADAM-WA TAMCORP TANCO-WA TAWIN TCUBES TDEX TEBRAU TEKALA TEKSENG TEXCYCL TGOFFS TGOFFS-WA TGUAN TIENWAH TIME TIMECOM TIMWELL TITAN TMCLIFE TMS TNLOGIS TOMYPAK TONGHER TOPGLOV TOYOCEM TOYOINK TRIUMPL TSRCAP TSTORE TWSCORP UAC UBB UCHITEC UDSCAP UDSCAP-WA UEMBLDR UEMWRLD UKB UMS UMSNGB UPA UTUSAN VINTAGE VIS VIZTEL WANGZNG WEIDA WELLI WIDETEC WIJAYA WILLOW WONG WTHORSE WWCABLE WWTKH-LA YECHIU YHS YILAI YINSON YLI YNHPROP YOKO-WA YSPSAH YTLLAND YTLLAND-PA ZECON ZECON-WA
Total: 525
In: ADVENTA ADVPKG AHB-WA ANCOM BINAIK CANONE CENTURY-WA CIMA COCOLND COMMERZ COMMERZ-LA COMPUGT DGATE DKLS ECOFIRS EFUTURE EPMB-PB EQUINE-LA ESTETIC FABER FFHB-WB FOCUS GOLDIS GOLSTA GPHAROS HUATLAI-LA IDAMAN-LB IRIS-PA JOHAN KAMDAR KAMDAR-WA KHEESAN KHSB KOTRA KUB LBS-LB LYSAGHT MAA MBMR MEDIA-LA MEDIA-WA METACOR MICROLN MUIIND-LA NALURI NEXNEWS-WA NICORP OCTAGON-WA OLYMPIA-WA PDZ PJI PMIND-WA PRKCORP RPB SAUJANA SBCCORP SCIB-WA SINORA SPSETIA STONE SUIWAH SUPER TAKASO TANCO-WA TRIUMPL TWSCORP UBB UMS WIDETEC WWTKH-LA YOKO-WA
Out: AHEALTH AIM CENBOND CHEETAH DENKO-WA DIJACOR DISCOMP DKSH DVM FAJAR GREENYB HEVEA HEVEA-WA HOVID HUMEIND IMASPRO INIX INSAS-WA JETSON-LA JMI JMR JTIASA K1 KAF KASSETS KHIND KLCITY KPSCB LAYHONG LCHEONG MARCO-WA METALR METROD MISC-CA MITHRIL-LA MITHRIL-WB MLAB MNC MTEAM N2N NTPM OCNCASH OPENSYS PARAMON PK POHUAT-WA PORTRAD PPG PTB REX RUBEREX SCIPACK SCOMIEN SHCHAN-WA SMI-LA SMI-LB SYMPHNY TECFAST TPC ULICORP UMLAND VERSATL WELLCAL YAHORNG YONGTAI YTLE
Note: Total number of bearish counters have increase from 520 to 525 while the total number of bullish counters have decrease from 190 to 183.
Thursday, December 13, 2007
Whipsawed
The correction in HK is still continuing. I was hoping that it will built a base at 28k but now it seems that it is going to 25.5k. I wonder why HK always have a sudden drop after lunch time. Is it because the people over there had a heavy lunch and felt drowsy? Is it because the Europeans just woke up and started selling? I wonder why.
Shanghai looks like it is going to break 4.9k, well if that happens, there is no more uptrendline to support it!
For KLCI, I think that as long as it is above 1380, we can still hope for some rally (CNY? Election?) Can we?
Wednesday, December 12, 2007
Trading CWs
Anyway, my weekly filter says the following are bullish:
KLSE: Bjtoto, Bursa, IOICorp, Maybank, PBBank and TM
HKSE: MTR, Sinopec, Chmobil
I can't find an entry point for Bursa. Missed my chance, so I will forget about it. For Maybank, it has just come out of downtrend, so I will wait for the base building first before deciding on it. In IOICorp case, I sold out this one, and cannot find a good reentry point.
For the HKSE counters, I only like Sinopec as it gives the best signal among the 3.
It's very volatile this few days, one day up, one day down. I think the best is to enter a little bit. You must realize, it's festivity time. When people are happy, they will be careless with their money and will end up with buy buy buy.
Friday, December 07, 2007
Bullish and Bearish Stocks
AIC AIKBEE AIRPORT AJI ALAM ALLIANZ APM APOLLO ASIABRN ASIAFLE ASIATIC ATIS ATURMJU AUTOAIR AUTOAIR-WA AZRB BERNAS BHIC BJCORP BJCORP-LC BJLAND BJLAND-LB BKAWAN BLDPLNT BONIA BONIA-WA BSDREIT BURSA CBIP CBSTECH CCB CCMDBIO CEPAT CEPCO CHINTEK CIHLDG CNLT CRESBLD D&O DEGEM DELLOYD DIGI DKCORP DLADY EBCAP EDARAN EFFICEN EKIB EON F&N FAREAST FFHB FIMACOR FORMOST GBH GBRIDGE GCE GNEALY GPLUS HALIFAX HALIFAX-WA HARISON HARNLEN-WA HEXAGON HIGHTEC HLBANK HLFG HPI ICAP IJM IJMPLNT INSAS-LA INSBIO INTEGRA INTI IOICORP JAKS JAYCORP JETSON JOBS KESM KEYWEST KIANJOO KLK KMLOONG KMLOONG-WA KNM KPOWER KRETAM KRETAM-LA KSENG KULIM KULIM-WB KWANTAS LANDMRK LFECORP LIONDIV LKT LMCEMNT LOH&LOH LPI LTKM MAEMODE MAGNA MAGNA-WA MAGNI MAGNUM MALPAC MAS MASTEEL MHC MINETEC MISC MISC-O1 MMCCORP MODULAR MPCORP MPHB MUH NAKA NALURI NESTLE NOTION NPC NSOP NVMULTI NYLEX OGAWA PA PADINI PAHANCO-WA PARKSON PBBANK PICORP PIE PLB PLB-WA POHKONG PPB PUNCAK QUALITY RAMUNIA-LA REDTONE ROHAS RSAWIT RVIEW SARAWAK SBAGAN SILVER SIME SINDORA SKBSHUT SOP SOP-WA SPRITZR SSTEEL SUNINFR SUNINFR-WA SUNWAY-WB TAKAFUL TALAM-PA TALIWRK TANAMAS TCHONG TDM TECGUAN TENAGA-LA TM TOMEI TRC TRC-WA TRIPLC TSH TWS TWSPLNT UBG UMCCA UNICO UNISEM UTDPLT VADS VITROX WATTA YEELEE YIKON YTL YTL-WB YTLPOWR YTLPOWR-WA YUNKONG
For the week ending 7 Dec 2007, my weekly filter says the following are bearish (new, established, old):
ACOSTEC AHB AHEALTH AHP AIC-WB AIM AIRASIA AIROCOM AISB AKN AKNMTEC ALAQAR ALCOM AMDB AMFIRST AMMB AMMB-WB AMWAY ANALABS ANCOM-WA APB APLAND APLI ARK ASAS ASB ASB-WA ASCAP ASIAEP ASIAEP-WA ASIAPAC ASIAPLY ASTINO ASUPREM ATRIUM AVENTUR AWC AXREIT BANENG BASWELL BCB BCTTECH BDB BGYEAR BIG BIG-WA BKOON BOLTON BORNOIL BOXPAK BPURI BREM BREM-WA BRIGHT CAELY CAMERLN CARLAW CARLSBG CAROTEC CENBOND CFM CHANG CHASE CHASE-WA CHEETAH CHUAN CICB CMSB CNASIA CNI CRESNDO CSCENIC CVIEW CWORKS CYBERT CYMAO DAIBOCI DAYA DBHD DENKO-WA DIGISTA-WA DIJACOR DISCOMP DISTECH DKSH DNP DOLMITE DOMINAN DPS DRBHCOM DVM DXN E&O E&O-LA E&O-WA E&OPROP EBWORX ECM ECOFIRS-WB EDEN EDEN-WA EFORCE EG EKOVEST EKOVEST-WA EKOWOOD EKSONS ELSOFT EMICO-WA EMIVEST ENGKAH ENGLOTC ENGTEX ENVAIR EONCAP EPIC EPMB EQUINE ESCERAM EUPE EUROSP EVERGRN FACBIND FAJAR FARLIM FARMBES FASTRAK FBO FIAMMA FOCAL FRONTKN FSBM FURNWEB GABLUE GADANG GCORP GEFUNG GENTING GFB-WB GKENT GKENT-LA GLOBALC GLOMAC GLOSOFT GLOSOFT-WA GMUTUAL GOODWAY GPA GPACKET GREENYB GSB GTRONIC GUINESS HAISAN HALIM HAPSENG HEVEA HEVEA-WA HEXZA HIAPTEK HICITY HIL HOHUP HOOVER HOVID HSLEONG HUAAN HUAYANG HUMEIND HUNZA HUNZPTY HUNZPTY-WA HWATAI HWATAI-WA IBHD IBRACO IDAMAN IFCAMSC IGB ILB IMASPRO INFOTEC INGENS INGRESS INIX INSAS INSAS-WA IPMUDA IPOWER IQGROUP IRCB IREKA IRIS IRIS-WA IRMGRP ISS ISYODA JADI JASKITA JAVA JAVA-WA JERASIA JETSON-LA JHM JLAND JMI JMR JOHOTIN JOTECH JTIASA JTINTER K1 KAF KANNAL KASSETS KBES KBUNAI KELADI KEN KENANGA KEURO KFIMA KFM KHIND KIMHIN KLCITY KOBAY KOMARK KOMARK-WA KONSORT KOSMO KOSSAN KPSCB KRAMAT KSL KUCHAI L&G LATEXX LAYHONG LBALUM LBALUM-WA LBS LCHEONG LCHEONG-WA LCTH LDAUN LEESK LEWEKO LIENHOE LIIHEN LINEAR LINGUI LIONFIB LIPO LIQUA LIQUA-WA LNGRES LSTEEL LUSTER M3NERGY MAHJAYA MAHSING-WA MAICA MALTON MARCO MARCO-WA MAXBIZ MAXTRAL MAYPAK MBFHLDG-WA MBSB MCMTECH MECHMAR MEDAINC MEDIA MELEWAR MELEWAR-WA MEMS MENANG MENANG-WA MERGE METALR METECH METROD METROK MEXTER MFCB MFLOUR MIECO-WA MILUX MINHO MINPLY MINTYE MISC-CA MITHRIL MITHRIL-LA MITHRIL-WB MITRA MKLAND MKLAND-WA MLAB MMM MMM-WB MNC MNRB MOBIF MRCB MSNIAGA MTDINFR MTEAM MTRONIC MUDA MUIIND-LB MUIPROP MULPHAL MULPHAL-WA MULTICO MYCOM MYCRON N2N NAIM NAMFATT NAMFATT-LB NARRA NATWIDE NCB NEPLINE NEPLINE-WA NGIUKEE NGIUKEE-WA NIHSIN NTPM NWP OCB OCNCASH OFI OIB OILCORP OKA OLYMPIA ONASTEL OPCOM OPENSYS OSK-WB OSKPROP OSKPROP-WA OSKVI PACMAS PALETTE PANTECH PARAGON PARAMON PASDEC PATIMAS-WA PBA PECD PELIKAN PENSONI PENTA PERISAI PERSTIM PHARMA PILECON PJDEV PJDEV-WB PK PLENITU PMBTECH PMCAP PMCORP PMETAL-WB PMHLDG POHUAT-WA POLYTWR PORTRAD POS PPG PPHB PRDUREN PREMIUM PRESTAR PRESTAR-WA PRIME PRLEXUS PROTON PRTASCO PSIPTEK PTB PTGTIN PTGTIN-WA PUNCAK-NA PWORTH RALCO RALCO-WA RANHILL RAPID RAPID-WA RCECAP REX REXIT RHYTHM RHYTHM-LA RHYTHM-WA RUBEREX SAAG SAAG-WA SAMUDRA SAPCRES SAPCRES-WA SAPIND SAPRES SCICOM SCIENTX SCIPACK SCOMI SCOMIEN SCOMIMR SCOPE SDRED SEAL SEG SERNKOU SERSOL SHCHAN-WA SHH SITATT SKPRES SMI SMI-LA SMI-LB SMISCOR SMPC-WA SMRTECH SPB SPK SRIDGE SRII SSTEEL-LA STAMCOL STAMCOL-WA STAREIT STEMLFE SUBUR SUMATEC SUNRISE SUPERMX SYMPHNY SYMPHNY-WA TA TA-WB TAFI TALAM TAMADAM-WA TAMCORP TAWIN TCUBES TDEX TEBRAU TECFAST TEKALA TEKSENG TEXCYCL TGOFFS TGOFFS-WA TGUAN TIENWAH TIME TIMECOM TIMWELL TITAN TMCLIFE TMS TNLOGIS TOMYPAK TONGHER TOPGLOV TOYOCEM TOYOINK TPC TSRCAP TSTORE UAC UCHITEC UDSCAP UDSCAP-WA UEMBLDR UEMWRLD UKB ULICORP UMLAND UMSNGB UPA UTUSAN VERSATL VINTAGE VIS VIZTEL WANGZNG WEIDA WELLCAL WELLI WIJAYA WILLOW WONG WTHORSE WWCABLE YAHORNG YECHIU YHS YILAI YINSON YLI YNHPROP YONGTAI YSPSAH YTLE YTLLAND YTLLAND-PA ZECON ZECON-WA
Thursday, December 06, 2007
MISC
I have been fooled many times in this counter. Took quite a hit with the CWs. Really got bruised and double black eyes. Is this time the real one? Please, not another fake breakout.
Note: I have open position in MISC-CD.
Wednesday, December 05, 2007
Tuesday, December 04, 2007
Fear!
When I was small, I am scare of the dark. I am scared that something may jump out from the dark. I am scared because I don't know what is there lurking in the dark.
When you see a tiger, why do you fear? Do you fear because it can eat you? No, you fear because you know that you can't do anything to prevent the tiger from eating you. You fear because you cannot defend yourself.
Why do some people get butterflies before the exam but others just act normally? The former because lack of preparation but the later has prepared well.
We fear because we don't have the information that will erase our fear.
Can we erase our fear? Yes and no. You cannot erase your fear if you are lazy to seek the answer of your fear. You cannot erase your fear if you do not accept the answer to your fear.
You will be able to erase your fear when you seek and accept the answer to your fear.
Why do you think that playing CWs are dangerous? Why do you fear it so much? Only 6 months of lifetime. The volatility? People has made lots of money from it, the opposite is also true. The difference between these two groups of people is that the former knows the rules of the game while the later knows nothing.
Nothing is free. You got to learn the rules of the game. You got to learn about yourself. Then only you will erase your fear.
When you have overcame your fear, you will look at those people that have the same fear when you were ignorant, you will smile to yourself and know that you have the edge against them in this game.
Monday, December 03, 2007
1st Tier Moving Now
TM: Broke out from strong resistance at 11.00.
Tenaga: Ended it's downtrend.
YTLPower: Broke out from channel.
Maybank: Still in base building.
Commerz: Range bound trading (10.10 to 11.50)
Genting: Range bound trading (7.50 to 8.50)
Resorts: At lower end of channel. Looks like going back up.
Bursa: Still under correction.
YTL: To challenge 9.00.
IJM: Base building at 8.00
This could be the beginning of the year-end rally.
Sunday, December 02, 2007
CW & W
For Malaysia, only TM (again) and YTL has given me buy signal. I'm deciding whether to intepret it as continuation of uptrend signal or just a rebound signal.
In addition to that YTLPower has also rallied. It is trap in an uptrend channel. How far can it go? Is the warrant a good play?
Friday, November 30, 2007
Uptrend Counters
AIC AIKBEE AIRPORT AJI ALAM ALLIANZ APM APOLLO ASIAFLE ASIATIC ATIS ATLAN-WA ATURMJU AUTOAIR AUTOAIR-WA AZRB BERNAS BHIC BJCORP BJCORP-LC BJLAND BJLAND-LB BKAWAN BLDPLNT BONIA BONIA-WA BSDREIT BURSA CBIP CBSTECH CCB CCK CEPAT CEPCO CHINTEK CIHLDG CNLT COMPUGT CRESBLD D&O DBE DEGEM DELLOYD DFZ-PA DIGI DKCORP DLADY EBCAP EDARAN EFFICEN EKIB EON F&N FAREAST FCW FFHB FIMACOR FORMOST GBH GBRIDGE GCE-WA GNEALY GPERAK-NA GPLUS HAIO HALIFAX HALIFAX-WA HAPSENG HARISON HARNLEN HARNLEN-WA HARVEST HEXAGON HIGHTEC HLBANK HPI HUPSENG ICAP IE IJM IJMPLNT INCKEN INSAS-LA INSBIO INTEGRA INTI IOICORP ITRONIC JAKS JPK KENMARK KESM KFC KLCCP KLK KMLOONG KMLOONG-WA KNM KPOWER KRETAM KRETAM-LA KRETAM-WA KSENG KULIM KULIM-WB KWANTAS LANDMRK LIONCOR LIONDIV LKT LOH&LOH LPI LTKM MAEMODE MAGNA MAGNA-WA MAGNI MAGNUM MAS MENTIGA MERCES MERCURY MHC MINETEC MITHRIL-LB MITRA-WB MMCCORP MMM-PA MPCORP MPHB MTEAM MUH NESTLE NPC NSOP NVMULTI NYLEX PA PADINI PANAMY PAOS PBBANK PERMAJU PICORP PIE PJBUMI PLB PLB-WA PLUS POHKONG PPB QSR RAMUNIA-LA REDTONE RSAWIT RVIEW SBAGAN SDKM SILVER SILVER-WA SIME SINDORA SKBSHUT SOP SOP-WA SPRITZR SSTEEL TAKAFUL TALAM-PA TALIWRK TANAMAS TCHONG TDM TECGUAN TENAGA-LA TM TOMEI TRC TRC-WA TRIPLC TSH TWS TWSPLNT UBG UMCCA UNICO UTDPLT VADS WATTA YEELEE YIKON YTL YTLPOWR YTLPOWR-WA YUNKONG ZA-OSKSB
Downtrend Counters
ABRIC-WA ACOSTEC ADVPKG AEM AFG AHB AHEALTH AIC-WB AIM AIRASIA AIROCOM AISB AKN AKNMTEC ALAQAR ALCOM AMFIRST AMMB AMMB-WB AMWAY ANALABS ANCOM-WA APB APEX APLAND APLI ARK ASAS ASB ASB-WA ASIABRN-WA ASIAEP ASIAEP-WA ASIAPAC ASIAPLY ASTINO ASUPREM ATRIUM AVENTUR AWC AXREIT BANENG BASWELL BCB BCTTECH BDB BERTAM BGYEAR BIG BIG-WA BKOON BOLTON BORNOIL BORNOIL-WA BPURI BREM BREM-WA CAELY CAMERLN CARLAW CARLSBG CAROTEC CCM CENBOND CHASE CHASE-WA CHEETAH CHOOBEE CICB CMSB CNASIA CNI COCOLND COMMERZ CONNECT CRESNDO CSCENIC CWORKS CYBERT CYL CYMAO DAIBOCI DAYA DBHD DIALOG DISCOMP DISTECH DKLS DNP DOLMITE DOMINAN DRBHCOM DXN E&O E&O-WA E&OPROP EBWORX ECM ECOFIRS-WB EDEN EDEN-WA EFORCE EG EG-LA EKOVEST EKOVEST-WA EKOWOOD EKSONS EMICO EMICO-WA EMIVEST ENGKAH ENGLOTC ENGTEX ENVAIR EONCAP EPMB EPMB-WA EQUINE ESCERAM ESSO EUPE EVERGRN EVERMAS FABER FACBIND FAJAR FARLIM FARMBES FASTRAK FBO FCW-WA FIAMMA FOCAL FOCUS FSBM FURNWEB GABLUE GADANG GEFUNG GENTING GFB-WB GKENT GKENT-LA GLOBALC GLOMAC GLOSOFT GMUTUAL GOLSTA GPA GPACKET GRANFLO GREENYB GSB GTRONIC GUANCHG GUINESS HAISAN HALIM HEVEA HEVEA-WA HEXZA HIAPTEK HICITY HIL HIRO HOHUP HOOVER HOVID HSLEONG HUAAN HUAYANG HUMEIND HUNZPTY HUNZPTY-WA HWATAI HWATAI-WA HYTEXIN IBRACO ICP IDAMAN IFCAMSC IGB ILB IMASPRO INFOTEC INGENS INGRESS INIX INSAS INSAS-WA IPMUDA IPOWER IQGROUP IREKA IRIS IRIS-WA IRMGRP ISS ISYODA JADI JASKITA JAVA JAVA-WA JERASIA JHM JLAND JMI JMR JOHOTIN JOTECH JTIASA K1 KAF KANNAL KASSETS KBUNAI KELADI KEN KENANGA KEURO KFIMA KHIND KIMHIN KLCITY KNUSFOR KOBAY KOMARK KOMARK-WA KONSORT KOSMO KOSSAN KOTRA KPSCB KRAMAT KSL KUCHAI KURASIA L&G LATEXX LAYHONG LBALUM LBALUM-WA LBS LCHEONG LCHEONG-WA LCTH LDAUN LEESK LEWEKO LIENHOE LIIHEN LINEAR LINGUI LIONFIB LIPO LIQUA LIQUA-WA LNGRES LSTEEL LUSTER M3NERGY MAHJAYA MAICA MALTON MAMEE-WA MARCO MARCO-WA MAXTRAL MAYPAK MBFHLDG-WA MCMTECH MECHMAR MEDAINC MEDIA MEDIA-LA MELEWAR MELEWAR-WA MEMS MENANG MENANG-WA METALR METROD METROK MEXTER MFCB MFLOUR MICROLN MIECO-WA MILUX MINHO MINTYE MISC-CA MITHRIL MITHRIL-LA MITHRIL-WB MITRA MKLAND MKLAND-WA MNC MOBIF MQTECH MRCB MSNIAGA MTDINFR MUDA MUDAJYA MUIIND-LB MUIPROP MULPHA-WA MULPHAL MULPHAL-WA MULTICO MYCOM MYCRON N2N NAIM NAMFATT NAMFATT-LB NARRA NATWIDE NEPLINE NEPLINE-WA NEXNEWS-WA NGIUKEE NGIUKEE-WA NIHSIN NIKKO NTPM OCB OCNCASH OFI OIB OILCORP OKA OLYMPIA ONASTEL OPCOM OSK OSK-WB OSKPROP OSKPROP-WA OSKVI PACMAS PALETTE PANTECH PARAGON PARAMON PASDEC PATIMAS-WA PBA PCCS PDZ PECD PELIKAN PENSONI PENTA PERISAI PERSTIM PHARMA PILECON PJDEV PJDEV-WB PJI PK PLENITU PMCAP PMCORP PMHLDG PNEPCB POHUAT-WA POLYTWR POS PPG PPHB PRDUREN PREMIUM PRESTAR PRESTAR-WA PRIME PRLEXUS PROTON PRTASCO PSIPTEK PTB PTGTIN PTGTIN-WA PUNCAK-NA PWORTH QCAPITA QUALITY RALCO RAMUNIA-WA RANHILL RCI REX REXIT RHYTHM RUBEREX SAAG SAAG-WA SAMUDRA SAPCRES SAPCRES-WA SAPIND SAPRES SBCCORP SCIB SCIB-WA SCICOM SCIENTX SCIPACK SCOMI SCOMIEN SCOMIMR SCOPE SDRED SEAL SEG SERNKOU SERSOL SHH SINORA SITATT SKPRES SMI SMI-LB SMISCOR SMRTECH SPB SPK SPSETIA SRII STAMCOL STAMCOL-WA STAREIT STEMLFE SUBUR SUMATEC SUNCRN SUNRISE SUPERMX SYMPHNY SYMPHNY-WA TA TA-WB TAFI TALAM TAMADAM-WA TAMCORP TANJONG TCUBES TDEX TEBRAU TECFAST TEKALA TEKSENG TENAGA-CA TEXCYCL TGOFFS TGOFFS-WA TGUAN TIME TIMECOM TIMWELL TITAN TMS TOMYPAK TONGHER TOPGLOV TOYOCEM TOYOINK TPC TSM TSRCAP TSTORE UAC UCHITEC UDSCAP UDSCAP-WA UEMBLDR UEMWRLD UKB ULICORP UMLAND UMS UMSNGB UPA UTUSAN VERSATL VINTAGE VIS VIZTEL WANGZNG WEIDA WELLCAL WELLI WIJAYA WILLOW WONG WOODLAN WTHORSE WWCABLE YAHORNG YECHIU YGL YILAI YINSON YLI YNHPROP YOKO-WA YONGTAI YSPSAH YTLLAND YTLLAND-PA ZECON ZECON-WA
Bursa Pursuit Result
My failure to get better result is due to wrong position sizing. I have 250k to play, but I was trading just like my actual account size. At the beginning I was using only 30% of the capital to play, that was just at the time HK CWs were starting to move up. This 30% generated most of the profit. By the time I realize my position sizing problem, it was quite late for me to play catch up anymore. When I try to use the correct sizing, it was almost at the end of the bullishness.
Honestly, I didn't really understand the concept of position sizing until I play this game. So I learn something!
Wednesday, November 28, 2007
Insider Information?
Accounting Issue Again
If one cannot trust the numbers, then how can you make your investment decision? My solution is chart reading. But this is not a simple as abc. Chart reading is an art also. At least your fate is in your own hands.
Talking about charts, HK seems to be stabilizing. Hopefully no more volatile moves. The first counter to come out of this consolidation maybe Cnooc. So watch out. No signals for Cnooc-C1 yet. Since it only have 3 months more to live, I'm staying out until I'm sure that Cnooc is going up. I think Cnooc-C2 is in the production pipeline. I think it's better to wait for it before making any decision.
Monday, November 26, 2007
A swarm of CWs
My Excel list of CWs is getting longer. Its becoming a chore to maintain it now. But no choice, if want to play, then need to work. No free lunch.
Friday, November 23, 2007
Time to bet on stocks, says guru
Victor Cheung
Friday, November 23, 2007
It's time to bet on, says Hong Kong's stock guru Lee Shau-kee, who is ready to throw HK$10 billion into the market when everything has cleared up.
Lee, dubbed "Asia's Warren Buffett,"said he sees the silver lining in the gloomy sentiment. "I'll split the lump of money into two shots, that is HK$5 billion each," he told a media conference announcing his donation of HK$500 million to the University of Hong Kong.
The first half, he said, will be used in a couple of days, "I already spent between HK$1 billion and HK$2 billion to buy stocks in the market today [Thursday], and will splash out the rest tomorrow [Friday]." He said he still has to see when to spend the other HK$5 billion.
Lee recalled he pulled the siren last week that the market may go very volatile; it did, as the Hang Seng Index dropped some 3,000 points this week.
"But today it's not at all the same," Asia's second richest man said.
The negative news, he explained, has at least been partly exposed, like the huge losses brought about by the subprime crisis in Europe and North America, and the mainland's cooling measures to contain an overheating economy.
"Now seize your chance to buy low," he said.
A self-proclaimed analyst, Lee said all stocks have their elemental - metal, water, wood, fire and earth.
"I always have a preference over the metal or gold, which represents the financial sector such as insurance companies and banks," he said.
The 79-year-old new age geomancist recommended Hong Kong Exchange and Clearing (0388) and Chinese Merchants Bank (3968), "but I currently hold just a little of HKEx."
While having "little feeling" over water and wood elements, Lee also liked fire, the energy industry. "That means something burnable."
He endorsed CNOOC (0883) for the first time as a good choice of investment.
Earth element, representing real estate, is a little complicated, according to Lee.
"They are also good in the long term, but as I said last month, we should be cautious about those stocks."
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$Well, if my neighbor selects his stocks based on fengshui, I will say bullshit and laugh at his face. But when Mr. Lee does that, I need to take notice and look up the charts. It's not only because he is rich (and got lots of bullets) and a pro in the stock market, but also many people take his advice seriously.
The HSI weekly chart shows that breakout occurs on Sept 14 (25,000). The brown color line shows that the correction should halt at around 26,000. If this happens, then the bulls have a chance of pushing it to 32,000 (and above?). If not, then next strong support is at 23,000 (everyone will cry red tears if this happens).
So, keep an eye on those metal and fire stocks. It will be your Christmas present and hopefully CNY ang pow.
Thursday, November 22, 2007
What not to buy?
My daily+weekly filter says that the following are in downtrend (359 counters in total) after the close of trading for 22 Nov 2007. Some counters may actually oscillates from up to down (range bound movement, i.e. YTL). As my filter is not intelligent enough, this type of movement will show up in uptrend/downtrend filter alternately. Almost all CWs are not captured in this filter as their history is too short.
ABRIC-WA ACOSTEC AFG AHEALTH AIRASIA AIROCOM AISB AKNMTEC ALCOM AMFIRST AMMB AMMB-WB ANCOM-WA APB APEX APLAND APLI ASIAPAC ASTINO ASUPREM ATRIUM AVENTUR AWC AXREIT BASWELL BCB BCTTECH BDB BERTAM BIG BIG-WA BJTOTO BKOON BOLTON BOXPAK BREM-WA CAMERLN CANONE CARLAW CARLSBG CAROTEC CCM CCMDBIO CENBOND CHASE-WA CNI COCOLND COMMERZ CRESNDO CSCENIC CYBERT CYMAO DAIBOCI DAYA DBHD DIALOG DISTECH DKLS DKSH DOLMITE DOMINAN DRBHCOM DXN E&OPROP EBWORX ECM EFORCE EG EKOVEST EKOVEST-WA EKOWOOD EKSONS ELSOFT EMICO EMICO-WA ENGLOTC ENGTEX EONCAP EPMB EQUINE ESCERAM EUPE FACBIND FARLIM FASTRAK FBO FOCAL FOCUS FSBM FTEC FURNWEB GABLUE GADANG GEFUNG GENTING GFB-WB GKENT GLOBALC GLOMAC GLOSOFT GMUTUAL GPA GPACKET GSB HALIM HEXZA HICITY HIL HOHUP HOOVER HUAAN HUATLAI HUAYANG HUNZA HUNZPTY HUNZPTY-WA IBRACO IFCAMSC IGB ILB INGRESS INIX INSAS INSAS-WA IPOWER IREKA IRIS IRIS-WA IRMGRP ISS JADI JASKITA JAVA JERASIA JHM JLAND JMR JOHOTIN JOTECH K1 KAMDAR KASSETS KELADI KEN KENANGA KEURO KFIMA KHIND KIMHIN KLCITY KOMARK KOMARK-WA KONSORT KOSMO KOSSAN KPSCB L&G LATEXX LBALUM LBALUM-WA LBICAP LBS LCTH LEESK LEWEKO LIIHEN LINEAR LINGUI LIONFIB LIPO LIQUA LIQUA-WA LNGRES LSTEEL M3NERGY MAHJAYA MALTON MARCO MBFHLDG-WA MCMTECH MECHMAR MEDAINC MELEWAR MELEWAR-WA MEMS MENANG METALR METROD METROK MEXTER MFCB MICROLN MIECO-WA MILUX MINHO MINTYE MISC-CA MITHRIL-WB MITRA MKLAND MKLAND-WA MNC MOBIF MQTECH MSNIAGA MTDINFR MUDA MUDAJYA MUIIND-LB MUIPROP MULPHAL-WA MULTICO MYCOM MYCRON N2N NAIM NAMFATT NAMFATT-LB NARRA NEPLINE NGIUKEE NGIUKEE-WA NIKKO NTPM OCB OFI OIB OLYMPIA ONASTEL OPCOM OSK OSK-WB OSKPROP OSKVI PACMAS PALETTE PARAMON PASDEC PECD PELIKAN PENSONI PENSONI-WA PERISAI PERSTIM PILECON PJDEV-WB PJI PK PMCAP PMCORP PMHLDG POHUAT-WA POLYTWR PPG PRDUREN PREMIUM PRESTAR PRESTAR-WA PRIME PROTON PRTASCO PSIPTEK PTGTIN PUNCAK-NA PWORTH RALCO RESORTS REXIT RHYTHM-WA SAAG SAAG-WA SAMUDRA SAPCRES SAPCRES-WA SAPRES SBCCORP SCIB SCIB-WA SCICOM SCIENTX SCOMIEN SCOMIMR SDRED SEAL SERNKOU SINORA SITATT SKPRES SMI SMI-LB SMISCOR SMPC SMPC-WA SMRTECH SOLUTN SPB SPK STAMCOL-WA STAREIT STEMLFE SUMATEC SUNCRN SUNRISE SYMPHNY SYMPHNY-WA TA TA-WB TAFI TAMADAM-WA TANJONG TCUBES TEBRAU TECFAST TEKALA TEKSENG TENAGA-CA TGUAN TIENWAH TIMECOM TIMWELL TITAN TMS TOMYPAK TOPGLOV TOYOCEM TPC TRACOMA TSM UCHITEC UDSCAP UEMBLDR UKB ULICORP UMSNGB UPA UTUSAN VERSATL VINTAGE VIZTEL WEIDA WELLCAL WELLI WIJAYA WONG WTHORSE WTK WWTKH-LA YHS YILAI YINSON YLI YNHPROP YSPSAH YTL YTL-WB YTLLAND YTLLAND-PA ZECON ZECON-WA
Bad November
HK and China stocks has yet to stabilize. The CW for these counters are getting really attractive but I dare not do day trading. I just don't have the necessary tools or skills or mental strength for day trading.
Keep a lookout for S&P 500, if it breaks 1400, then confirm bear. I think it will break soon as Nasdaq100 has broken it's uptrendline. US presidential election is 1 year away, so I'm not sure when the decline will halt and go for a rally.
Anyway, I think Abdullah will be in bigger trouble if the stock market did not rally as the deadline for election is getting nearer each passing day. Well, you need money for campaign etc. You need to make the voters happy. In essence, you need to indirectly buy off their votes. Well, stock market is the same everywhere, politic is also the same everywhere because it involves human. Ok, enough of politic.
Wednesday, November 21, 2007
Santa Claus is Not Coming to Town
You better not buy, I'm telling you why,
Santa Claus is not coming to town.
Hang Seng is going down, no end in sight,
Cause naughty bankers, that caused sub-prime,
Santa Claus is not coming to town.
The boys and girls at Wall Street,
Created toxic derivatives,
They screw everyone else,
But pay big fat bonus for themselves.
You better watch out, you better not cry,
You better not hope, I'm telling you why,
Santa Claus is not coming to town.
Santa Claus is not coming,
Santa Claus is not coming,
he's not coming to town........!!!!!!
P.S. He he he. Just to pass the boredom. Still waiting for the bottom.
Sunday, November 18, 2007
KLCI Weekly Analysis
Trend is still up but weakening. Still above the 1994 high.
Trend is still up. But weakening. Maybe just consolidating?
Still holding. Looks like base building. No worries until is close lower than 1377.
With the listing of Synergy on 30 Nov, according to OSK calculation, the index may jump 30 points!
So we shall wait for the year end rally, CNY rally and election rally. What is the next theme? HK theme is currently down. O&G is not moving. Plantation is still up. Banking is not moving.
I got a feeling that this may be the start of the end of a good bull run. One more dash and then over and wait for another 5 years.
Thursday, November 15, 2007
Stalking TM
11.00 is a strong resistance. If it can close above this level, then expect more upside. If this happens, TM-CF is a good play. Note: I already have a initial position in TM-CF
Wednesday, November 14, 2007
Stalking YTL
Stalking this counter. Bulls and bears are in equal strength. Going to buy YTL-CE if bulls win.
Monday, November 12, 2007
Vulture
Tuesday, November 06, 2007
TM & Genting
I'm stalking Genting and TM. I have an initial position in Genting-CG and looking to open one in TM-CF.
Just waiting for the right timing.
Monday, November 05, 2007
Two Words
That is how I think now. No need to queue and get that extra 1 cent. Just sell at market when the stop is hit. Be the first one to get through the door.
I think that HK CWs play are now over. Rebound here and there, that's the best. Maybe 1 to 2 months of consolidation. Today's cheap sale may be cheaper tomorrow. Jan expiration warrant will be in the immediate danger zone.
Another way to sense trouble: Look at the number of CW issues. If it suddenly increases, that means the pro thinks that the market is in trouble. Just remember, they lose if the underlying share goes up.
The bottom line is: Do not buy.
Sunday, November 04, 2007
FTSE-BM Indexes Historical Data
I know Yahoo finance do provided the indexes that I'm looking for. The problem is that they don't have the historical data.
Anyone that is reading this entry, if you have the historical data in Metastock format, can you please kindly share it with me? I can update it myself from Yahoo.
Shanghai & Hong Kong
Uptrendline broken. Trouble ahead. I don't think it will go up much. The question is how deep will be the correction.
Bearish divergence detected. Uptrendline still holding. Reward is not worth the risk.
Uptrendline broken. Bearish divergence detected. I guess it is also correction time. How deep?
Conclusion: No buying for HK CWs until a clearer picture emerge.
Saturday, November 03, 2007
Sold out by Bursa Malaysia Bhd.
I must admit, I did not read the fine print of the rules and regulation, but I don't think Bursa Malaysia Bhd is all0wed to released my personal information to a 3rd party! I don't recalled I have chosen to receive any email from any 3rd party.
This is a very unethical behavior from a big corporation in Malaysia.
Bursa Malaysia Bhd sold me out!
What will I do? I don't have the time to take this out officially but I know that this blog entry will be archived in Google's server forever.






























Well..well..well oilcorp limit down !
I hv to thanks my buddy whose working in SC for informing me there might be some wrong doing in oilcorp ac 2 months ago, this is something highly confidential, thus i cannot post it here in my blog, but as known to u , i hv sold all my oilcorp for swap, luckly i choosed to believed him, need to belanja him some abalone n sharkfin emmmrrr.
I told u guys b4, FA for oilcorp is not bad there IF there is no wrong doing in its ac !..that's for sure ! too bad.. look at today volume.. i think d rumours will turn into reality !
As i said.. follow my every steps , I hv my reasons for swapping !
Oilcorp may limit down again 2molo,dont catch d falling knife ! ^V^
November 28, 2007 5:52 PM