Genting 3 months chart. Genting is at the lower bolinger band . below the various moving averages.
Saturday, August 13, 2011
Tuesday, August 9, 2011
The Speed Of Swings In Dow
http://www.reuters.com/article/2011/08/09/us-markets-stocks-idUSTRE7771O020110809?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28News+%2F+US+%2F+Business+News%29
Today Dow swing from a range of about 600 points. Some of the reasons might be fed intervention, shorts position to be covered, margin call from short positions and bargain hunting. Or Even Technical Rebound
Today Dow swing from a range of about 600 points. Some of the reasons might be fed intervention, shorts position to be covered, margin call from short positions and bargain hunting. Or Even Technical Rebound
Friday, August 5, 2011
Sheng Shiong IPO
18 august closing date
90 % dividend
Lippomaple tree
Current price as at 0.595
Div of 1 cent per quarter yields 9%
Attractive low gearing of 10%.
Buy 0.595
Cut loss 0.57
Target 0.63
Tuesday, July 19, 2011
Trading with trends
Determine the stock is whether on up or down trend
If its not on a clear trend look at other counters
Another chance will appear !
Tuesday, July 12, 2011
Wednesday, July 6, 2011
Lippo Maple Tree REIT
This stock has been on a uptrend since crisis
Current price 60cents
Resistance at 60 cents
Support 57 cents
Dividend about 1 cent every quarter
Target buy price 57
Target sell 59
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