Thursday, June 15, 2006

Fear + Blood = Technical rebound(Short term trading)

Just look at the EOD data, what do you think i have seem on the screen? Try to guess ???
Is full of fear and blood inside the screen and it has reflected a signal to re-entry at 880+ level.
Look back my call on ;
1)12May06- an article "Bull/Bear sentiment indicator (Market X file) " -Awareness of market trend change.(CI at 960+)
2)19May06-an article "Bull Bear indicator on 18May 06 "-reduce you stake or withdrawn your stake and away the market.(CI at 950+)
3)12Jun06-an article "Bull Bear indicator on 9Jun 06 (weekly summary) "-Reduce your stake to minimum and dont fight against with market force.(CI at 910+)

And today, we can re-entry market at 880+ level for short term trading which from 1 day to 3 month, your capital should be about 40 to 50% can be invested in market. Remember that you must know how to take the profit and cut loss if you join for this technical re-bound wave. Pls remember too, this time of technical re-bound is not bull run, not all the counter can earn money, some counter actually has been game over , the stock selection is very importance.

Happy trading!!!

12 comments:

sagil said...

i donot encourage contra during this period of time.

sagil said...

Thanks to the CI, i sold most of my stake during 18May06 at 950+
and today buy back at CI 880+.

Lion Good said...

sagil71
pls help me do the visitor counter in my blog
pw is 7490869
thanks you very much
makebylion

sagil said...

to my student;
Pls use the intraday bullbear indicator and time pattern to determine your counter and CI.

ccdev said...

hey sagil71,

love your blog. trigger point very nice system to adopt. wished i had come across your webpage earlier (boo hoo). i dont comment a lot but enjoy reading your views. pls keep up the stock mkt review/pointers and trade safe. cheers!

sagil said...

As you can see that the market is well supported , so keep on monitor and market now is waiting for a breakthru.
For my student, pls contact me personally, if you have any question or e-mail to me.

sagil said...

to ccdev,
Thanks for your support, to be survive in stock market, we have to put in a lot of effort and to avoid to be eaten by the big fish.
Happy trading.

sagil said...

Becareful on some counter which has been game over but today push up is to distribute . remember , stock selection is importance .

sagil said...

weekend is ahead, enjoy your holiday and world cup fever.
Happy trading

sagil said...

anybody interest in Trigger point system, can e-mail to me
teybl05@yahoocom.sg

sagil said...

Trigger Point Sytem has the following indicators;
1)Bull Bear - to track the uptrend or down trend.
2)Technical re-bound indicator - to track what is the good timing of technical re-bound.( which i already used on 15/6/06 when CI at 880+)
3)chart , time, price and volume pattern - is to do the stock selection, the 3 pattern can tell you which are the counter is potential and which are the counter are game over.

for those who interest to learnt trigger point system, pls e-mail to teybl05@yahoo.com.sg

sagil said...

DJburger,
Remember that technical re-bound in correction market is temporarily , pls take your profit accordingly.
Investment is importance for our financial freedom , A successful investment is depend on a good system to be applied and is not by rumours , news or people opionion . Everybody need to improve , so that we wouldnt be eaten by big fish.
Happy trading