Personal Problem

I'm only human. I'm having a tough time in my personal life now. The problem has affected my ability to think and trade. I don't know when I will get over of this. I have not look at the market seriously since my last post. For those few that is "addicted" to my post, it is time you find your own ways. It's better that you only rely on yourself for the trading decision. If you rely on others, you will surely fail in the long run.

Happy New Year to all of you. May we have a better prospect in 2008.

Put Warrant

CIMB is really active in issuing CW. If the market continues to go down, they are going to make whole lot of money. Do you notice that many warrants have expiry in July? This is suppose to be the bad months. So the chance of CIMB keeping your money is higher.

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?

Weekly Bullish & Bearish Counters

The following are bullish counters filtered using my weekly criteria for the week ending 14 Dec 2007:
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.

Whipsawed

Aiyah....got whipsawed again. The trends that I was hoping to be strong crumbled. The profit that I had vanished. Some turned into losses.

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?

Trading CWs

So many CWs, will the quantity make it less valuable? My trade are all consist of CWs now. No more Mesdaq or penny shares. When the bulls come, it will be like heaven! Of course when the bears come, it will be like hell.

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. For MTR, the premium for the CW is quite high. No way I'm getting into it. MTR looks interesting and continues to go up. It is overbought, maybe I can still get into MTR-C1.

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.

Bullish and Bearish Stocks

For the week ending 7 Dec 2007, my weekly filter says the following are bullish (new, established, old):
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

MISC

MISC Monthly Chart

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.

Stalking BJToto

BJtoto Weekly Chart

Trap within a tight range.

Fear!

Why do we fear? Fear comes due to the lack of knowledge.

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.

Stalking Resorts

Resorts Weekly Chart

Trap within an uptrend channel. I'm still waiting for the buy signal.

1st Tier Moving Now

Looks like the big boys are making a move 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.

CW & W

The following HK with CWs has given me the 1st buy signal: Cheungk, HWL, MTR & Sinopec.
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?

Uptrend Counters

My list of uptrend counters at various stages (new, established, old, oscillating) for the week ending 30 Nov 2007. The list is obtained using only weekly criteria (EMAs & MACD).

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

My list of downtrend counters at various stages (new, established, old, oscillating) for the week ending 30 Nov 2007. The list is obtained using only weekly criteria (EMAs & MACD).

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

Ok, end of competition. I only manage about 14% return. The highest return point was 30%. Highest ranking achieved was around 600.

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!

Insider Information?

Samgoss, I have nothing against you. It's your words against SC. But what your friend did (if this really happened) is wrong! SC must open up an investigate on their own people! Unfair advantage has been given to you and others as well. This is against the law.

Samgoss said...

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

Accounting Issue Again

Can you trust quarterly report again? Accounting is not + or - anymore. I thought it was a boring work. My perdagangan class was so boring that I decided to do something else. Oh boy, was I wrong. Accounting is itself an art. Look at Transmile, you need forensic expert to uncover the worms inside. What can the common man in the street do? Hard earn money gone. Cry also no use.

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.

A swarm of CWs

Mama mia... 8 new CWs to be listed on Tuesday and Wednesday: Bursa-CH, TM-CG, Toyota-C1, CCCC-C5, Sinopec-C2, Petroch-C5, ICBC-C5 and Chcoal-C1.

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.

Time to bet on stocks, says guru

News item from The Standard.

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.

HSI Weekly Chart

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.

What not to buy?

If we know what not to buy, I think that it will save us from a lot of trouble.

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