
28 Oct 2010 – STI close Up at 3133. Bear Tack Still Intact.
There is a High Chance of STI falling tomorrow.
Tomorrow is also probability the last chance for people to get out or Go Short. Next week could be worst.
More on my Blog at Alex Trades.
This is just my personal view, I can be wrong.
Good luck to all.
I am actually quite happy with the way things turned out ...
I sold a big chunk of my portfolio on Monday starting with EZRA at 1.82 becos I was disappointed with its Q4 financial reports ... down 19%! Then I sold GSP and Kep Corp as well becos they have risen quite a bit they gave me good profit.
I did some buying ... a few lots of SGX at 8.72 yesterday and a bit of GSP just before the market closed today ... more for excitement than good judgement. This is certainly not the time to be gung ho I know ...
And yeah check out your blog today ...
alexchia01 ( Date: 27-Oct-2010 17:25) Posted:
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alexchia01 ( Date: 27-Oct-2010 17:25) Posted:
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a series of black candles followed by a big fat black marabozu today. sg share market seems to be looking a little bleak now.
http://sgsharemarket.com/home/2010/10/straits-times-index-retracement/
27 Oct 2010 – STI close Down at 3124. Bear Tack Confirmation. SELL.
STI has officially gone into the Bear Market.
This is the time to Sell and Go Short. Don’t Buy unless you know what you are doing.
Just my personal views.
Good luck to all.
Currently, STI is in the Bear Tack Region.
If STI Close in the Red Today, that is the confirmation of the Bear Tack and could be the beginning of the Bear Market.
This is the time to Sell or Go Short.
Just my personal view. You don't have to take it too seriously.
More on my Blog at Alex Trades.
Good luck to all.

alexchia01 ( Date: 25-Oct-2010 17:14) Posted:
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26 Oct 2010 – STI close Down at 3162. Moving Sideway.
If STI Close below 3162 tomorrow, it’s the confirmation of the Bear Tack.
Now STI is still at a cross road. Can't make up its mind to goes up or down.
Best to stay at the sideline, but if you want to Buy, Buy Defensively.
Good luck to all.
25 Oct 2010 – STI close Up at 3187. Moving Sideway.
Watch out for STI tomorrow. If STI Close above 3187, it could be the beginning of the next Bull Run.
STI To Cross 4000 in Jul 2011.
Just my personal calculation.
Good luck to all.
vonntan ( Date: 25-Oct-2010 08:06) Posted:
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STI seems pretty well supported by its 20day ma currently. just wondering if that support will hold today?
http://sgsharemarket.com/home/2010/10/straits-times-index-at-20ma-support/
22 Oct 2010 – STI close Up at 3174. Moving Sideway.
Next week will be interesting to watch.
STI has reach a crossroad between the Bulls and the Bears.
Closing Below 3164 is the confirmation of the Bear Tack and Closing Above 3187 is a Bull Signal. The more it stays sideway, the higher the chance of the Bull Signal Appearing.
My advice, HOLD for now and watch how STI moves next week. If STI moves below 3164, SELL. If STI moves above 3187, BUY.
More on my Blog at Alex Trades.
This is just my personal analysis on the general market, it does not apply to all counters. To Buy or Sell also depends on your strategy, the counters you select.
STI To Cross 4000 in Jul 2011.
Good luck to all.
STI seems to have retrace a little. Everyone else would have expected the STI to bull today as Dow Jones is super green last night but STI did not. The bearish divergence of STI is still intact so perhaps when trading, it would be a good idea to reduce the position size.
http://sgsharemarket.com/home/2010/10/straits-times-index-at-support/
Investor and Trader has different objective.
Investor aims for Capital Gain. Trader aims for Cash Flow.
To me they are both winners.
The losers are people don't know if they are Investor or Trader and play like neither.
I know there are people who wants to be an investor, but invest like a trader, expect trading fast result and investing huge returns. These people usually loss money.
Shorting come fast after a stock runs up is normal during this stage of market recovery. Confident is still weak, so profit taking is fast. As confident increases, you'll see more robust runs. Just be patience.
medivh ( Date: 21-Oct-2010 23:19) Posted:
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Alot of stocks have run up pretty strongly. You see the top volume stocks each day you will know what I mean. Those with holding power instead of rush in and out will be ultimate winners.That's the big diff between investors and traders. With traders you can win some now but you will lose some as well with rush in and out.
I've noticed everytime a stock runs up, shorting comes fast as well. What's your take on this?
alexchia01 ( Date: 21-Oct-2010 23:04) Posted:
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You are Right. Selection of stock is important.
The 2 biggest mistakes people make are Buying the wrong stock and Buying at the wrong time.
If you have not master these 2 things, you sure loss money.
Peg_li ( Date: 21-Oct-2010 22:38) Posted:
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No point to talk STI 4000 or 5000 if your holdings is not climbing up.
Looks at current SGX market , less than 5% of all SGX listed companies is the big winner.
Like sembmarin, olam, SGX ,kepple etc.
more than 95% counter are all sleeping, most of mid-small caps keep on falling despite STI soars.
This is bull market?
I don't think so ,this is a trap bull market.
If you don't select correct stocks, even you lose money despite current bull market!
alexchia01 ( Date: 21-Oct-2010 22:27) Posted:
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STI close Down at 3164. Moving Sideway.
If STI close Below 3164, that is the confirmation of the Bear Tack.
STI To Cross 4000 in Jul 2011.
Just my personal view.
Good luck to all.
Nothing to Buy today, But watching SingTel very closely.