What a good day to start our 1st Dec, expecting our KLCI to continue to surge ahead. Fantastic day last night with DOW up almost 500 points ... again something I did not see for long now. Euro up 4% too. The crisis is over ... and we are riding on the bull. Remember my simple poll? KLCI at what level by end of this month(year)? Below 1400 ... or above 1600 now? That was how uncertain we could be. I am certain I m going to get it wrong as I place it under 1400 too. Hence, it is futile to predict.

As a trader, we should ride on those stocks which in trend. Make trends your friends, that is what we heard of. Hence, I was busy buying into many stocks last week as stocks were in oversold region. This is how fast market outlooks changed ... in weeks and at times, in days!! Such an uncertainty is good for traders. We trade .. we cut small losses when trades go against us but ride on huge surging trend, catching those rebounds.

I shared with my tratles --- in ten trades, we need to gain 6-7 trades. If two trades gained hugely, 4-5 trades with smaller profits and 3-4 small losses ... that will give us good profits by year end!! Yippee ... it is DEC and I will be excited to know how much I will gain this year. I need to protect my positions and profits this month, but with the bull running, it might give me another good profitable month.

This is what I want to share with many besides my existing 30+ tratles which with me in our closed facebook. Some request to join our group, but ... nope ... it is a closed-group as they learnt personally from me. I see them and in contact with them personally. That is personal la ... so, they are becoming my friends. I wont let my friends lose money, ok?

I will throw a challenge to them ... I will want to see transparencies in our trades. They will be requested to show their trades(what, when and why) and will be discussed for educational purposes. I will want to check on those 'bad habits' making sure that they do not trade blindly. Yes, I will do that with them for full 2012. By the year end, I will report the percentage gain by me and all of them. Without results to show, no one could believe that we are a real group, getting to know each other and forming a support group. Yeah ... trading could be a lonely journey. With many slowly participate in our facebook chat, wow ... I see 50 comments for a stock discussed these days!!

e-tratles : This will be the closest my other readers who are from other states could reach for me. This is my closed group too. It is interactive as I will be answering questions, giving suggestions and teaching online --- blog to teach the theories and facebook for communication platform(like what I am doing with my tratles).

I have sent out 52 e-mails so far ... reaching 21 as of yesterday. I have not really promote to many yet but will do that to reach my target of 50 by this year end. I will certainly start as I have achieved my minimum 20 target.

PChem : There are many of them followed my PChem at 5.90-5.93 levels. We shall see if they gain that 10% we are aiming for? Their fees paid to me could be easily paid-off by few trades and the knowledge they gain is their for keeping. No such good deal in the market, right? Hmm ... PChem to reach 6.40 to sell?

YTLLand : Few followed me grabbing at 1.01-1.04 done. Checking if none of them to lose money. It is such a bull-day and I am still thinking of not-to-lose-money. It is just the mentality I have planted inside my trading-system.
Time for office and yeah ... lets the bull running.

Dow closes with largest gain since March 2009

By Maureen Farrell @CNNMoneyMarkets November 30, 2011: 4:38 PM ET

NEW YORK (CNNMoney) -- Investors around the world raced to scoop up stocks on Wednesday, after the Federal Reserve said it will work with other central banks to support the global economy.

All three major stock indexes closed the day up more than 4%. The Dow's 489-point gain is the largest of 2011 and the best percentage gain since March 2009. Still, despite today's run-up, the Nasdaq and S&P 500 are down for the year.

The central banks' coordinated market intervention gave investors hope that world leaders could take necessary steps to avoid a credit crunch or market paralysis stemming from Europe's sovereign debt crisis.

"It's the first time we've seen this type of global coordination since November 2008," said Michael James, a senior equity trader at Wedbush Morgan. "The degree of coordination sends a message to the markets that global leaders are going to do whatever they need to do to instill confidence in the markets." (Read: Welcome to the Great Global Easing)

For now at least, investors appear willing to ignore any possible parallels between today and November 2008, and just how precarious the state of financial system might be to warrant such a move by global bankers.

The Dow Jones industrial average (INDU) closed the day up 490 points, or 4.2%, and ahead 0.6% for the month. The S&P 500 (SPX) added 52 points, or 4.3%, but stayed down 0.5% for the month. The Nasdaq (COMP) composite moved up 105 points, or 4.2%, but still shed 2.3% in November.

Bank stocks also rallied on news of the central banks' plans and helped investors ignore Tuesday evening's Standard & Poors' downgrade of big bank stocks. Shares of Goldman Sachs (GS, Fortune 500), Morgan Stanley, (MS, Fortune 500) Citigroup (C, Fortune 500), Jefferies (JEF) and JPMorgan Chase (JPM, Fortune 500) spiked more than 7%. Bank of America (BAC, Fortune 500), which hit its 52-week low Tuesday, also closed up 7.3%.

The Federal Reserve, along with five other central banks including the European Central Bank and the Central Bank of Canada, announced a joint action to lower interest rates on dollar liquidity swaps -- making it cheaper for banks around the world to trade in U.S. dollars.

The move is an attempt to "ease strains in financial markets and thereby mitigate the effects of such strains on the supply of credit to households and businesses and so help foster economic activity," the banks said in a statement.

9.55 am : KLCI up 20+ points just now ... so bullish leh.

AMMB : Touched 6.03, at 5.95 now. Check it out ... someone out there will chase AMMB at RM6 and you know why? Because they DONT KNOW that RM6 is a strong resistance.

PChem : This is the one we should be looking for yesterday and many of my tratles just jumped into the boat yesterday. Today, at 6.15 now ... we shall check 6.40, ya.

10.55 am : KLCI reaching 1500 today as expected. Yeah ... bull-running again. BUY BUY BUY ...

PChem : At 6.20 now. Selling for me should be around 6.40(if reached today or tmr). Selling for me when reversal signs shown in technical analysis. Selling for me is when I need to move some funds into something else in my mind, which have not moved YET. Otherwise, hold till even the uncles-aunties in those forums talking about it, then ... yes, be happy to sell to them, ok? They will buy AMMB at RM6 and PChem at RM6.40 ... because they dont have knowledge much and been asking around.

AMMB : very seldom that I have time to view CNX's forum. Then I noticed someone asked the sifus there is AMMB is a buy at RM5.50? Hmm ... is he my reader or just a coincident? Yeah ... I do wish that they will share the knowledge with others too. Do you think he took a position at RM5.50? Or doubts about it?

11.20 am : Lunch time with EK and PT, my two tratles.

PChem : At 6.25, queue to clear half at 6.40.

YTLLand : At 1.13, queue to sell at 1.15 not done yet.

Malton-wb : At 0.345, I was collecting her as she retraced yesterday.

UOADev : Sold half at 1.50 done.

With the above to be cleared, I grabbed Gamuda-wd today. Looking at Benalec too.

Hey, I am a trader la ... things shoot to my target in days, it is luck ... ok? Today is so bullish, anything you bought last week during gloomy days also earn money la(I hope).

12.20 pm : KLCI at 1493, testing 1500 level this morning.

I am not sure why some will like to be 'right' and argue their ways ... that FA is the only way or TA is the way we should be doing things. Some insisted buy-n-hold is the best(and quoting W.Buffett) and some said day-trading is the way to go.

We are all different ... if you profit from a trade and KNOW what you are doing(not lucky ... as playing on luck is only 50-50 ..and more often than not, you will FAIL). If you are the person who only punted into those stocks below 20cents and have been doing very well, why change? It is not wrong ... or even right? Heck with the right and wrong ... question should be DO YOU KNOW WHAT YOU ARE DOING? Be consistent ... no need to argue FA vs TA or ... Investing vs Trading. If you are good in your trades, care to share with many? Please do that .... educate our investor community, ok?

Help them ... not to lose money. Be transparent. What is the point keep asking people to buy this and that and those are VERY bad fundamental tiny stocks(with cases of de-listing and goreng kau-kau)? Why are you being so ignorant and naive to understand that KLSE full of those losing lots of money due to IGNORANCE ... why tempt them with those cheap-cap-palang stocks?

That is not real ... not healthy and should be avoided at all cost. Wake up. We are newbies ... we are novices. Give us the chance to explore, to learn and experience(without losing much), ok? I know I know you are good ... but care to share how you see FA or TA? Care to share with many how you buy-n-hold? Care to tell us at what price you grabbed XXX and WHY you bought XXX at that price? Do you have the rationale behind it OR just pure speculating, gambling ... and trying to lure those naive newbies? That is bad ...

2.10 pm : I am sleepy again ... and still got tution(Math) later. Yes, my tuition classes start again after 1.5 months break. I will be back to teaching Math. Hehe ...

cohort-5 : I do have 6 enquiries so far. Ok, once I got 15 enquiries, I will arrange the time(Sat noon) to start in JAN 2012. As Jan to June is my peak period for classes, the class will be RM250 per hour shared by all. Deal? Those interested, e-mail me and I place it in my KIV and will get back to you by end of this month once my cohort-4 done with their 5 modules(by next Friday).

Penang Talk : I will be thinking of it this end of DEC if I have the numbers coming.

email from a person attended my previous technical-rebound talk in Penang. That was my first public talk leh. I have wanted to have apublic talk to those in Klang Valley too but only 3 interested then. Anymore from Klang-Valley interested to listen to me blah-blah ... and pay me RM75 for 3 hours talk or not?

Hello Teh,


Your last technical-rebound talk in PG had shared a very good example and it is very useful within these days.


Although I had missed the AMMB which u shared in your blog, but I had taken position in CIMB (6.80) and TENAGA (5.35).


What I had learned from you is the TA that brings me to confident trade and 'how not to lose money'!

By the way, the YTLLAND that you shared I also taken position (1.04). TQ
Thanks for your sharing and, hope you can come to PG to have talk more frequent!
Meanwhile, your e-learning, we still entitled for 20% discount? :D


I am interested to learn the basic TA from you.

Please advice,


Thank you..

TEH : Thanks, Lim. Ok ... I will see if I could find my time to go to Penang again(my mom wants to go ... I go lor). It is nice to hear that you are interested with my next talk. I will further talk about technical-rebound ... then I will talk about REVERSAL signs(how to see and what to look for). YOu are welcome to join my e-learning ... and yes, still 20% for you(and those 8 of them ... 2 paid and registered). Hehe ... at least there are some appreciate me leh. Good ... feel more motivated to travel to see you all again end of this month!! Anyone from PENANG interested with my talk? Well, one good trade also could cover your fees la ... and the knowledge stay with you. Ask our friend Mr Lim. hehe.

5.50 pm : KLCI up 13.16 points ... yeah. HSI is doing better up 1013 points!! WOW ... when is the last time I see four-digits up? I think I will buy Toto-4D 1316 and 1013. What do you think? Nice number?

PChem : Closed at 6.17, reached 6.27 so far.

Property-stocks

UOADev : Cleared all today.

YTLLand : Thinking of taking profits too tmr.

Malton : Cleared at 0.705 too as it failed to break-out of my 0.705 level. Touched 0.72. actually.

Genting : The biggest loser today in a bullish-day. IF you are buying Genting this morning, it shows that you DO NOT have the knowledge, and most probably STILL losing money. How not? Because you were LATE, chase her today at RESISTANCE. Incredible ... I told my tratles last night Genting and Axiata will drop today due to few days of surging.



TEH