CFD play: Short Sell Chartered Semiconductor Mfg

CSM started its peak price from S$1.87 (27/4/06) to the lowest price at S$1.03 , the trend of this counter is still in the down trend, the recent technical re-bound has reached to the end.
For CFD play, we would short sell for Chartered and its closing price on 21/8/06 at S$1.20

Mobif

I have received some reader phone call on Mobif, they need to know how will be its performance;
My opinion on Mobif;
1)My system is not to trade on this kind of pattern.
2)I advise them that , if they want to trade in this pattern, they have to prepare money to be loss before they move forward for trading.
3)To trade on this kind of pattern is to catch the technical re-bound.
4)If you dare to catch the technical re-bound , you should pray tomorrow limit down again, which around RM1.24 and this price is suitable for playing technical re-bound.
5)Pls prepare you cut loss and profit taking point.

Good Luck and Profitable Trading.

Speculative counter Technical re-bound

After so many day selling force on Speculative counter , ex: tebrau, eden leader. Finally they start to fight back and technical re-bound, if they can still go and test for their previous high, mean they still potential.
Plantation counter will still lead the market; Ex; IJM plantation.

Market Direction before FOMC meeting

The market has run on sideway for last 6 day after CI reached to 939 , and we have mentioned on 31July06 (last post comment section) that the market will profit taking ;
1)The current support for the profit taking is located at 926 to 928.
2)926 can not be broken, else it will go correction which to be support at 913.
At this point of time , the bullbear indicator still in uptrend but we also need to cautious , because the market has been raised up to 35 points from its recent low (900).

Happy trading

Malaysia Market direction on coming week (early August 06)

Malaysia Market direction on coming week (early August 06)
1)The Market uptrend signal has appeared on the last week.(refer to my last post for the detail)
2)In this stage of uptrend , only some counter can be contra, and it is suitable for position trading.
3)Position trading will allow you to gain more profit than your intraday or contra trading.
4)Only the counter with good momentum are good for position trading, Counter like, Rsawit , BCT tech and etc are good for position trading.
5)Speculative counter like, Eden , Leader will have potential to move higher after its consolidation.

Eden and Leader
1)The eden immediate support to be located at RM0.56
2)This counter has shown its strengthness on last week, if you see this counter can stay above 0.56 then its has higher probabilty to move up.
3)base on the chart, this counter can not below 0.49, if Eden below 0.49 , will be a dangerous sign, pls take note.
4)I dont forcast how much it will raise up, but we will base on the chart signal to execute the exit point.
5)Leader support is located at 0.43 , this counter is a follower of Eden, any major move on Eden will affect Leader too


Happy Trading and Good Luck

BullBear on 25Jul06

1)The early signal has appeared on the uptrend.
2)In the early uptrend, pls donot contra too much, it is suitable for position trading.
3)Position trading will allow you to gain more profit than your intraday or contra trading.
4)Only the counter with good momentum are good for position trading, Counter like, Rsawit and etc are good for position trading.
5)The market now is solid on the CI 100 link counter. but sideway on 2nd and 3rd liner, so donot contra too much.
Happy Trading and Good Luck

Sideway market

As continue from last week, the charateristic of raise of index and fall on counter has signal selling pressure on speculative counter , 2nd and 3rd liner which i have mentioned inside the last post comment section.
Therefore the market now is enter into a sideway market. Honestly , i like the sideway market , we need to standby our capital to fight for a high winning probabilty game, one high profit margin and high probabilty game will appear, Once again, i will update inside this blog, if the signal appear.
Again, in sideway market, pls dont intraday trading and contra, you winning percentage is low.

Market direction update on 19Jul06

Well, we have seem the technical re-bound which expected happen on tuesday(18/7/06) and unexpected sell down on majority speculative counter ex; Iris, MTDinfr , tebrau , Polytwr and etc...

My advice here on short term are;
1)To avoid or side line the speculative counter for a while , we need to wait for the market to be cleared then we start to put in our troops again. Seem like the sell down is target on speculative counter.
2)As i have mentioned many time , our CI have to stay above 915 and steady then our market will extend its strength to another level (early stage uptrend level). the immediate CI support at 898

Happy trading.

Market Direction for very short term.

Market has entered into profit taking correction, its immediate support located at 898 .Market momentun is still intact as long as it can above 900.

By base on today (17/7/06) market movement, its has found to be support at above 900,we can see that market selling force has been reduced, below are the event to be appeared;

1)Technical re-bound will be appeared in short term and the resistance to be located at 915.
2)Since we has exit market on last Friday, we are able to enter market to buy at the cheaper price on technical re-bound.
3)Counter to be monitor for technical re-bound; Sugar , RHB , Tebrau and etc....
4)If you join for the technical re-bound, pls remember to put on your profit taking and cut loss point.

17/7/06 (Monday) closed at 902.7


Happy trading.

Market uncertain and Stay sideline

The crisis on middle east and the oil price is keep increasing, the market is uncertain now . Look back on our CI from 883 to 929 it has been climbed up for 47 point and market has shown slow down on all index. Pls reduce your stake and stay sideline until the market is clear then we start to put in our troops.

NOVA , NSCOM and GHLSYS

The main board counter has been moved for a month, and now its about the time for masdaq counter , the above mentioned NOVA, NSCOM and GHLSYS believe will help to push mesdaq to another level. Please set your profit taking point and cut loss point accordingly.

The closing price for the following counter 0n 7Jul06 are;
1)NOVA-RM0.12
2)GHLSYS-RM0.25 and
3)NSCOM-RM0.245

Even market is profit taking on certain counter and cause index to drop, but the market volume indicate that the KLSE is still intact with the uptrend.

Happy Trading.

Will CI move to solid uptrend stage (Phase 2)?

Our CI has move into a very early trend, from 890 to 917 ( here we call phase 1), and it will facing a strong resistance which located at 922 ; thing we need to take care on coming week
1)The profit taking will take place .
2)The support level has move from 900 to 907.
3)Watch out for the CI , If CI able to above 922 , the trend will be change from early stage to solid stage.
For the solid stage, we call Phase 2 (If move to phase 2, i will explain on its charateristic).
4)If the CI enter to phase 2, you can consider to pump in more capital; for example 60-70%

Premium 9458
1)The upside signal appeared 5 days ago.
2)Currently is forming uptrend base. ( take note)
3)watch out on any trading day, afternoon session, if above RM0.30, this counter will be the black horse.
4)You entry point should be RM0.30.
5)30/6/06 close at RM0.245
6)Pls set you cut loss point accordingly.

A Very early stage of uptrend

The market has enter into a very early stage of uptrend , the charateristic of the very early stage are;
1)most of the counter has technical re-bound and retract and stabilize.
2)Some selective counter will lead the market to move.
3)Those whose has game over counter will try to push higher & distribute.
4)The trend is fragile , if any crash in US market will be changed in term of trend.
5)The last is, the NEW BLACK HORSE will appear .

The CI immediate support located at 895-900 , the current market stratergy is mainly on the stock selection. ( In very early stage , not all stock will move , only some selective counter will run).

Happy Trading

Bull Bear indicator on 15Jun 06 (weekly summary)

We have anticipated technical re-bound at 880+ level, we actually use one of the technical re-bound indicator and accurately capture the right timing.
If you have follow the technical re-bound, remember that ;
1)Technical re-bound is temporarily.
2)Must know how to profit taking, donot set un-achievable target profit.
3)Some game over counter has been push up to higher and to distribute, Just to be alert.

Re-view on current market, the bullbear still shown KLCI in the downtrend zoom, we will keep monitor on bullbear index, anything change in trend will update in this blog.

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!!!

Bull Bear indicator on 9Jun 06 (weekly summary)

The World cup has been kick off on last Friday 12am, the event finally come, in historically data shown during this period of time the market is mostly slow down, therefore , believe the data given by the market on past year exprience, try to reduce your stake in market, donot fight against the market force.

I have stop myself from monitoring on realtime pricing, i will only to collect data during end of day.

My profolio is only on ;
ETITECH bought on 31May06 at the price RM1.08

Happy trading and enjoy the World cup event.

World Cup 2006

World Cup will be kick off tonight 12pm, with the first game in between Germany vs Costa rica, i will definately not miss the game ( I also like to watch and bet a bit on football) , In singapore, the betting on football is legal , we can easily place the stake at the "singapore pools " outlet , anyway the betting is not so encourage, but the most ultimate things is we get the fun on watching football.

I will respect for this World Cup and will offline myself from monitoring on the daily pricing on the KLSE. But i will still update the bull bear indicator in the weekly summary of the market .

I have cut loss on waseong at 1 cent below the support level and my portfolio left only;
ETITECH bought on 31May06 at the price RM1.08

Happy trading and enjoy the World cup event.

Daily Bull Bear indicator on 2Jun 06 (weekly summary)

Last week the sentiment of overall market has been stabilised but still located in the down trend , The CI immedaite support is at 919,

Summary of our last week activities , We have created portfolio in this down turn as follow;
1)ETITECH bought on 31May06 at the price RM1.08
2)Waseong bought on 2Jun06 at the Price RM2.47

We will still use the same indicator to follow thru the market. Any special case or major trend change will be update on this blog.

Disclaimer: This blog is not to be construed as a recommendation to buy or sell any securities. All information and comments are provided for educational purposes only. I however do not hold myself responsible for its accuracy as well as your stock trading or investing decision.

Our portfolio in this down turn market

In Trigger Point system, we have 2 stratergies of investment , there are bull run(Uptrend) stratergy and Bear run stratergy (Down trend) . We will base on the Bull Bear index to indetify the current market and apply the correct stratergy.

The Bull run Stratergy and the Bear run stratergy there are some difference in term of Technical analysis application and fund management application.

Our portfolio in this down turn as follow;
1)ETITECH bought on 31May06 at the price RM1.08
2)Waseong bought on 2Jun06 at the Price RM2.47

Waseong

In today world, oill price is keep going break the record high , Waseong is one of the counter will be benefit from here, yesterday waseong closed atRM2.40, if you interest on this counter, prepare your cut loss and profit taking point

Disclaimer: This blog is not to be construed as a recommendation to buy or sell any securities. All information and comments are provided for educational purposes only. I however do not hold myself responsible for its accuracy as well as your stock trading or investing decision.