my first target price is 0.40 in two weeks
Saturday, April 3, 2010
Friday, February 19, 2010
Friday, December 18, 2009
Tuesday, December 15, 2009
Wed---No pick
My view on STI is quite negative. I guess some of you have already felt how WEAK singapore market is these few days. This is not a NORMAL rally wave would be like. Therefore, I don't think it is a good time to enter now. DOW start to fall today. Let's wait and see what is going to happen next.
Monday, December 14, 2009
Saturday, December 12, 2009
Monday---Genting
I can't find any good shares to enter now. Of course, a lot of shares will still go up, but they may in 2 day or 3 day of a trend. I don't like to "chase" this kind of shares. Personally, I feel much more safe to vest after they pull back. Currently, I am waiting for the pull back of wheelock, parkway, noble, ezra and epure.
It seems the s-chips wave has past. that is why i sell my china sky at 0.195, which is my entry point aslo. I could sell at 0.205, which is my first target price, if I had not fall asleep. I hate why i am in Europe!!!!! This share haven't reach my cut loss level which is 0.185, and i believe it won't easily reach that level. But i still sold it for three reasons: 1. this company is lossing money. 2. it is in a down trend. 3. STI reaches 2800 again.
A lot of my friends like to buy Genting, which they thought is the HOPE of singpaore. Although, I don't think gambling is the HOPE of singapore economical competency, I still post my view on this share. Technically, it won't have outstanding performance in short term. It would be relatively safe to collect between 1.02 to 1.05. This company is losing money, and it nav is only 34cents. If the company could not give a good financial report in future, this share has a lot potential to fall. Personally, I always tried to avoid a share that is losing money although I am a technical analysis believer. It is ok to earn less, but it is unbearable to me if the money is draining away. This is the chart:
It seems the s-chips wave has past. that is why i sell my china sky at 0.195, which is my entry point aslo. I could sell at 0.205, which is my first target price, if I had not fall asleep. I hate why i am in Europe!!!!! This share haven't reach my cut loss level which is 0.185, and i believe it won't easily reach that level. But i still sold it for three reasons: 1. this company is lossing money. 2. it is in a down trend. 3. STI reaches 2800 again.
A lot of my friends like to buy Genting, which they thought is the HOPE of singpaore. Although, I don't think gambling is the HOPE of singapore economical competency, I still post my view on this share. Technically, it won't have outstanding performance in short term. It would be relatively safe to collect between 1.02 to 1.05. This company is losing money, and it nav is only 34cents. If the company could not give a good financial report in future, this share has a lot potential to fall. Personally, I always tried to avoid a share that is losing money although I am a technical analysis believer. It is ok to earn less, but it is unbearable to me if the money is draining away. This is the chart:
Thursday, December 10, 2009
My mid-term view on HSI
I feel the sentiments in hongkong market is gradually changing. The wave becoming smaller and smaller and also more and more horizontal. It seems it is forming a top arch and ending the rally starting from March. Of course, it won't be very fast. It always take some time to transit from bull market to bear market. But we should be alert now. To make money from market won't be easy any more. Blindly buy a share would be more likely to end up with an unhappy story. I have switch my THEME from buying to wait and see. It does not mean the bull market is definitely over, but 小心驶得万年船。 BE CAREFUL！
this is the chart:
this is the chart:
Subscribe to:
Posts (Atom)