Sunday, January 27, 2008

Spoilt for Choice

Sometime I really have to say Thanks God! And he is really good to me :)

Somehow God keeps me very busy for the last 2 month. I was extremely busy preparing and running our company's D&D. As such, I've cleared all my position before that. Looking at the votality, I must said I have little confident in not making losses if I were to trade. The market is craaaaazy.

And guess what :) now that I am more free, the market looks more stable and the reversal looks more certain as well. So what can I say...It must be God :)

Using T3B screener I've found some good buy at very low price :).But I have to keep reminding myself that the Bear is lurking around the corner and is taking any chance to strike again.

These are my pick for the week.
1. Hyflux Water Trust (My top choice)
2. Plantation Play (Wilmar, Golden Agri, Indo Agri and First Resources)
3. Tat Hong (I dun know what they do, but the chart sure looks good)
4. Keppel T&T (The chart looks like there are some good news releasing or is there already some take over going on?)
5. Cosco (Buy if it break 4.97 resistent, and it looks quite certain to break)

Friday, January 25, 2008

First Sight of Spring



A friend once told me about the hush winter in Northern China. The weather was stormy. It keeps on pounding day after day. Then it stops. And just when my friend was celebrating that it is over, the storm hit again. And this goes on for weeks. It was demoralizing and my friend though the world is coming to an end.

Then one day while the weather subside a little, he went out to get some errand. While he was on his way back, lo and behold, he saw some green grass growing out of the slope. Although it was just a small patch, it was a sight to behold. A sight that brings relief and warm. A sight that declares the Spring is here.

After month of downward action, the market has finally come to a turning point. For about 2 months, the market was under pressure of heavy selling. There were some false hope in between, but the sign of rebound was not clear at all. Until yesterday, SGX finally broke it resistant. The first sign of Spring. Just hope that this trend will continue for a longer time with less volatility.

Counter for fast action other than Blue chip
Alternative fuel sector (Wilmar, Golden Agri, Indo Agri and First Res)