DOW up 300+ points ... and we are in first leg-up now ... and it is bull again. Ride on it, as I will like to see it.

Warrants : MBSB, Gamuda, WCT and Hibiscus.

Riding on :  JCY, Latexx and MEGB

I have cleared YTLLand yesterday. It is a bull-running ... so, anything you buy will give you good profits. Today, we shall see MORE coming in ... so, ride on it ... and ready to offload as I am back heavily into markets!! Hey, I am supposed to be busy and not in market!! So, greed in play ... and time to get out?

Moving into smaller ones ... hmm ... which call-warrants? I have a few to punt today ...

The strong current rebound brings a lot of cheers to many. As far as I am concern, I will cut-short losses ... and hope to keep riding the wave up ... I dont predict. Let the analysts do that. Let them upgrade KLCI to 1680 or so again. In trading, what I do learn is ... gain 6-8 of your trades, loss the 2-4 trades small. In the end of the month, you should be in positive region. With such rebounds, the gains could be substantial. So, keep the capitals ... and do not lose it back.

To me, profits still a bonus ... the lessons we are learning will come handy to many of my tratles. Yes, for past 2-3 months they do see me trade(only 3-4 losses so far) this strong rebound. Some I missed the boats totally, some I have traded a few times ... and now I am riding on some 'new' ones. SIME or Axiata wont give me much, right? But ... I will still not go for Harvest and such due to my disciplined principle.


KLCI at 1470 level now. We might see 1500 level again. Yeah ... good days ahead!!! RSI at 62 now, so ... watching at 70 again. Sigh ... it was at 20 when I started buying again ... today, the upside limited. Checking RSI 70+ to sell all again ... the party just began for some but it is ending for me. I want to join in the party, can I? Clearing more today ...

10.45 am : I queued too high, too greedy. Only Latexx and WCT-wb cleared(partial). Hmm ... will clear more later.

KLCI still up 10 points, HSI up 300 points.

MBSB-wa  and Gamuda-wd : Clearing too. Too good to be true. So, get out.

Hisbicus-wa : Punted into her, back to my cost price at 0.315. Failed to clear at 0.34-0.35 today.


Hard work : In markets, hard work itself is NOT enough. It is market-smartness that we need. That will comes with experiences. So, it still takes TIME after much of hard work for years ... persistant and diligent.

Genting : At 10.60 now ... broken the resistance 10.00 level. Bullish now ... in many stocks.

Shifting : I am shifting later!! Yes, today ... then at night still got trading class!! Talking about busy and tiring day ...

Market-talk(KL) : I have to postpone it again to next month as there still remain only 4 enquiries. I am sorry as I will want to have the technical-rebound talk but guess bull is running, no need to learn technical rebound? May be went market is diving again, we could have that talk? I will have to e-mail/sms the four who have shown interests. Sorry.

Market-talk(pg) : Next Sat ... 3pm to 6pm. I will drive up just to meet my readers there. The talk will be RM75 per person. Two parts of the talk : One about technical-rebound play and part-two will be creating a good stalk list. Those interested PLEASE SEND E-MAIL AGAIN(with mobile no). I will send the details. Thanks. Limited to 10 only(my place too small la).

http://www.playbyear.com.my/

I was talking to the owner of play-by-ear. He is a musician, an educator and a businessman. So, I do like him as a person and I do think I could learn a lot more about business from him. Yup, as my trading classes expand, I will be
TEH