Changing Method

Yup i have been away for a while and now a comeback.
I notice that my trading wasnt that good afterall. May b due to my lack of experience.
Now i have at least 6 months experience. Somehow i noticed that to be sucessful in stock market, you really need some insider tips and good forecast. Analysis also play part of it, financial, stock market sentiment, theme play. Between FA and TA i found that FA method is stronger than TA method. However i have concluded that by implementing both strategy is far better than just using either one method. Thanks to uncle Sam cause i have learned a lot from his blog how we should trade in a stock market. Below here is my newest strategy.

1) Analyze a stock that have a good fundamental (at least) a company with a good management and able to generate earning every quarter.
2) Interest. Buy stock that do have volume and interest. Unless you really can forecast that a company is the next billion money maker.
3) Identify speculative stock (volatile stock) even they are losing money the whole year. Then you can choose whether to buy or just ignore it.
4) After you picked the stock that you like, analyze volume and market sentiment regarding it. Know how to read a chart for market mood is an added bonus. Good forecast and holding power is needed.
5) Try to familiar and just stick to the favorite stock of yours, this way you'll know much better the stock performance, when it is cheap and when to take profit.

Iron age

The star

Check these counter. If it is as said PE stood at 7. Then it is a good investment.
Look at PMetal as i post to look out for it on 8/june @ 1.50 today it stood at 1.98 jo.
Said news is i did not make an entry.

Watch List @ 07/07/07

Group B
Mulpha @ 1.79 Wait for reversal signal.

YTLPower @ 2.32 a must for trading buy.
Wait for monday confirmation/reversal to make an entry.

POLYTWR

Exited POLYTWR @ 0.77 + 0.04

Property Boom

As my earlier forecast this month should prosper the earth element.
From my observation it always happen earlier likely 2 weeks before.
Take note of it.
Property sector made a boom. Should be in it.

Metal time

It is time to invest in metal, steel stocks.
Other than that are technology & engineering stocks.
Watch Mesdaq index

Property Market Bearish Signal forming

Although the property index is still uptrend but most property blue chip indicating bearish signal.
Take a look.

Entry List

POLYTWR @ 0.74
COCOLND @ 1.07
SKPRES @ 0.185

YNHProp

Made a wrong entry for YNHProp. Drop fast.

Right Timing

It is all about right timing. Dont you agree?
If you purchase any stock 1 year ago. Those stocks should be up right now.
If you had purchased any stocks 7 years ago those stock should be still under the buying price 7 years ago.
You might have purchased a stock @1.00 but once up 0.20 you decided to sell it but then it move up another Rm1.00. Heart broken.
So it is all about right timing to enter and right timing to exit.

KLSE new high

Walaueh...not bad .. still heading north...
Our market is pretty strong.
No selling pressure..
Great holding power..
The fund managers have confident with the market.
Are they waiting for the election rumors?
Think so. That is why they are holding.

Correction

Because the SSEC & DJ is correcting i think it is the time to take profit and run.
KLSE made a new high and it is time to rest.
Better still cause that the reason i chicken out the stock so i can buy cheap stock.
Better if China impose a second interest rate and the price drop so i can enter.

My entry signal formula was right

I will never never forgive myself because of being CHICKEN SHIT.
Look at my watch list on 15/6/07.
LMCEMNT@1.69
LIONIND@1.77
DRBHCOM@1.75

Wanna make entry for LMCEMNT@1.70 on 19/6/07 but chicken out
Today 20/6/07
LMCEMNT@1.80
Shoot up like rocket...
I will never forgive myself.

Breakout?

Waiting for bullish breakout. Will it happen?
Index hovering 1370.
Looking at the chart. It is going to break 1370.
Possible this Fri or next week.

YNHPROP

Make an entry @ 3.26 Let see how it will perform

Second Correction

I think i want to stay out for a while.
There might be a second correction which this time will correct more as SSEC will impose second interest rate.
Watch out.

Watch List 15/6/07

POLYTWR@0.72
LMCEMNT@1.69
LIONIND@1.77
DRBHCOM@1.75

Better wait for correction

IGB

Sold my IGB @ 2.78 +0.17

Not using Feng Shui on daily analysis

I was wrong with the daily anlaysis. It is hard to analyze daily using feng shui. And it is not just accurate enough. So i'll just use the seasons and yearly factor. I'll just use technical to indicate entry & exit.

Speculator

First time encounter. Finally i have encountered stocks that are being speculated. IGB & MAHSING are two of them. They gone up in few hours & gone.. The transaction done was high value. So be careful not to buy at high price.