Filed under: singTel, sph, trend line | Tags: singapore stock, stock Singapore, stocks
with nothing in pocket, i looking around for future long short stuff
short in view:
singtel 20090129
abv bband
287g(20081014)-281g(20081015)
276 100ema resis?
sup line1 (1st green) holds?
long in view:
sph 20090129
still sph? yeas, right.
Filed under: wilmar
shorted wilmar 290 intra around 12pm
Not talk much about it, but to paste this timesales here
“barely 1minute7seconds“, is what it took to clear that 271 231k entire block, see that close buying interval:
With that 291 sell q cleared, 291 161k buy q appeared immediately, power q stacking. My sl will be 293
Filed under: sph | Tags: singapore stock, stock Singapore, stocks
Back from nice 鼎泰豐 dinner with visitors, i simply love their 小籠包. 一級棒啊！ In sg, i’ve tried 鼎泰豐, 南翔, 翡翠, 阿南, shall you bros have any nice 小籠包 places, remem to update me.
Thou not the best timing to come sg, as we are having long cny holi, it’s always nice catching up with old pals. Come burn my cny holi, come burn my Sat, i welcome! 
Q sell 277tp1, & it was taken 31seconds b4 mkt closed. Delicious! Balance sph, subsequent 282tp2 287tp3, or sell at tomo open. Leon bro, your 20k sph shall buy you a long period of business times.
sph 20090128 5min
Filed under: divergence, sph, trend reversal | Tags: singapore stock, stock Singapore, stocks
it’s kinda nice having this long cny holidays, several teammates & buddies resume work 20090202 mon. As for me, thou having euro visitors in town, i still feel that i’m in Ox Year cny holiday mood. Nice, yet lazy. Wahaha..
With the absence of HSI, STI has done something unusual, perhaps, the net effect of Nikkei yesterday & today + Dow for past 2 nights + fomc outcome carrots. This is surely not the reason i’ll turn bullish.
| Index | Last | Change | % | High | Low | Time |
|---|---|---|---|---|---|---|
| STI | 1737.96 | 52.73 | 3.13% | 1738.35 | 1720.04 | 11:28:16 |
We often say “long short cash” 3 positions. There are no apparent good setup for both long nor short. A peep into index, most have returned with no apparent signal for both long nor short. But, more so for short. What’s the reason for short? Rational or emotions? Well well well.. Let’s ask: why we long/short?
Having 2 longs, yanlord & sph. The latter is having something i often love, +ve divergence, i bot last Thur & Fri, i will keep it. As at now, it’s 269 270.
sph 20090123 eod
Time for meetings with visitors.
Filed under: candlestick dragonfly/ hammer/ morning star/ inverted hammer, cosco, divergence, olam, sembMar, sph, stEngg, trend line, trend reversal
i said:
“i still have 3長1短: olam 128, cosco balance 790 810 845, sembMar 163, stEngg 243 short
2009016 dc: olam 129, cosco 835, sembMar 166, stEngg 239
Am comfortable with above, but i’ll get rid of olam earlier, as that mixed indi do not make me at ease”
In the end, how was it?
olam sl 126 today
cosco sl 810 today
sembMar sl 160 20090119
stEngg covered 236
Only stEngg short, gave profit.
Some had asked
“alamak, why didnt take profit sembMar 171 dh 20090119
wasted, why didnt get out olam 133 dh 20090119
ai yo, why didnt u sell cosco 855 dh 20090119″
My reply is often standard: “cool, tell me today, the direction for tomorrow“
人算，不如天算。若人會算，豬會飛。
sph 20090120 weekly
sph 20090120 eod
valid reversal doji today? i will if 270 holds
Filed under: quote
Among the calendars i recevied: AmFraser, KimEng, Poems, i love the one from AmFraser. Simply nice!
Don Hays-
“Emotions Are Your Worst Enemy In The Stock Market”
Perry Kaufman-
“A Small Loss Is Better Than A Big Loss: Don’t Fall In Love With Your Trade”
Filed under: cosco, dow, olam, sembMar, sph, stEngg, sti, trend line, triangle
index have that 20081027 trendline turned from sup to resis. Where is the sup? Well, looks like in no man’s land.
Daily charts showed some potential rebound, but
weekly charts look topping.
sti 20090116
sti 20090116 weekly
dow 20090116
dow 20090116 weekly
i still have 3長1短: olam 128, cosco balance 790 810 845, sembMar 163, stEngg 243 short
2009016 dc: olam 129, cosco 835, sembMar 166, stEngg 239
Am comfortable with above, but i’ll get rid of olam earlier, as that mixed indi do not make me at ease
i often c battled stk, sph has been whacked v badly recently, i’ll keep it under close watch for the potential rebound.
Respect buyers in selldown period, respect sellers in buyup period
sph 20090116
sph 20090116 weekly
Harddisk overworked, recovered some data
Had a very bad weekend. After office on Sat morning, returned home, switched on my nb, OMG, my hd was giving me prob! Conso: i had a backup hd, thou the data was 6months ago. Well, better than nothing. Had spent past few days trying to dig out more data from old hd.
STI oversold, to recover some ground?
sti 20090115
Trendlines A & B gave way, leaving gaps
above [1760g(20090114)-1731g(20090115)] &
below [1693g(20090115)-1678g(20081205)].
Oversold is not the reason to go long, indicators aspects, there is no fav divergence, no fav format, just waterfall.
Prices lead indicator, in order for indi to turn, the following day close must be a +ve 1, or near DH. Thus, i will c the DC & DH today, & DO tomo, to determine my next move.
i was having a sweet week1 & early week2, nice $ from closing position such as wilmar short, chartered long, cosco long, stEngg long.
Nevetheless, bad trades such as ascendasReit dwarf my winning.
i still have 3長1短: olam 128, cosco balance 790 810 845, sembMar 163, stEngg 243 short
Filed under: -mis, dow, hsi, nikkei, reflections, s&p, sti, trend line
dow, snp: at trendline edge
sti, nik: slightly above trendline, a small blow will go to edge
hsi: below trendline
Dig out above daily charts, look before trade.
Trade at trendline edge, be it long or short, is never fun.
Remem, 3 positions any given time: long short cash.
No1 forces us to hit “Enter”, right?
IF “must” trade, ai yo..
- trade shorter timeframe, eg: intra
- start with smaller size, eg: 25-50% of normal trade size
- add with even lesser quantity, eg: 25-50%% of prior position
- less aggression in taking price, ie, q lower for long, q higher for short, instead of direct makan
Stock trade, is a probability game (you can call it gamble), in which, we attempt to have better reward-risk, with data & imagination.
Read chart with no imagination = Read newspaper.
Sidetrack from abv, know that most ppl prefer to long than short. Probably, only 25% traders short constantly.
Yeas, i know le, ppl generally prefer long stuff, the longer the better. Wahaha.. But, that doesnt apply in trade.
Short is equally vital in trade. No short, miss 50% of fun.
短，也是有好玩的地方啊…
In short, opps, i mean, in summary: be felxible, fly with wind.
順風車，頭撞車，哪個好？不坐順風車，也ok，千萬別頭撞車。
Filed under: fibonacci, hsi, noble, ocbc, olam, stEngg, sti, straitsAsia, tatHong, trend line, triangle, wedge, wilmar
index & stk indi are stretched, since yesterday
But, why didnt i short like early this week?
Reasons:
(1) stk in my watchlist1 has hold relatively well (relative to index)
(2) await 1790 to show me the light next week
sti 20090109
1806dc
STI’s mini uptrendline still intact, as at today.
Know that many many many @-@ 1790 to seek further indication.
Breakdown from there violate the uptrendline.
Some lvl:
1898fib23
1880g(20090107)-1860g(20090108
1790*
1715g(20081209)-1678g(20081205
hsi 20090109
HSI has the trendline support become point resis.
It has one more trendline below.
As usual, below r some stk in watchlist1.
Sian, right? Everyday more or elss same stk.
If happen to run into some fun stk, wont let go.
Not many trades so far, as need to run around, only 11 trades, win-loss 7-4. % not as cool as last month, but that 1 big winner so far is enough to make me
stEngg 20090109
Nice price action there, but indi, like most others, sucks.
Had set stock alert at 258.
wilmar 20090109
olam 20090109
straitsAsia 20090109
noble 20090109
tatHong 20090109
tatHong tat steady ah?
ocbc 20090109
Enjoy your weekend 
