Metal

Clock 1st July to make an entry.

MASTEEL

MASTEEL(A)
Technically Masteel is not performing. Volume being low and it is breaking all my SMA. Bear.

SAAG

I just found out that SAAG was a oil&gas related company.
And it is rocked sky high in this summer....till end of June?

PMETAL,BKOON,KWANTAS

Take note that PMETAL, BKOON & KWANTAS reported good earning but why only KWANTAS share price is up and not PMETAL & BKOON. Bacause the season is summer and it favor fire/energy stock and metal is the weakest. PMETAL & BKOON are metal stocks. Do not fear as it is dropping, it is a good buy/entry esp early July.

Stock Groups

I'll group my stock pick into 3 groups

Group A <= 1.50
Group B > 1.50 AND <=5.00
Group C >5.00

Oil & Gas

17 May - 12 August 07 is summer season
15 June - 13 July 07 is the hottest
14 July - 12 Aug 07 heat fading

These season related to fire industry (finance, oil&gas, restaurant, food, airline, petroleum)
Althou this year 07 is benefiting the earth & metal elements but during these months metal is the weakest. Fire industry will take advantage. Metal stocks will have some draw down.

KNM (metal/fire) +0.2
KWANTAS(fire) +0.2
BORNOIL(fire) +0.165
PETDAG(fire) +0.15
PETGAS(fire) + 0.15
MAS(fire) +0.25
GLEALY(fire/wood) + 0.14

will these stocks rock till early July? Lookup for BORNOIL. Good for short trading.

Metal is the weekest.
METROD -0.16
KINSTEL -0.15
BKOON -0.12
mark to enter in Early July

No Volume?

What happen to the volume? Everyone still waiting for the correction? Argg..
I believe most of the traders are locking the profit. I am not going to jump in now for any stocks.
I ll just wait till the stocks get cheaper and jumbo sales on Aug 07.
I cant afford for stock priced above RM3.00 Too expensive for me to buy.
Target Mesdaq counters.