My Trading Adventure

Index-Linked Fund(ILF)

CP TEH
Publish date: Sun, 26 Jun 2016, 06:46 PM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.

http://cpteh.blogspot.my/2016/06/sell-in-june-and-go-away.html

One more week of June to go ... I am not prepared for JULY, actually. Looking at many charts Brexit ... many rebounded from the Friday morning selldown.

Earlier, I have sold Maxis, IOICorp, UMW, BAT ... after the buy in mid-May call.


CIMB : I managed to sell all my CIMB in the morning RM4.30-RM4.33 before it dived to support RM4.20 ... but recovered.


SKPetrol : I sold her off in the morning too ... at cost price.

ALL the stocks for the funds generating profits tho small ... and with SK my last selling, I m fully in cash again.

I have created this funds mid-2015 ... so, it is one year old. I will be updating the performance by end of June. So, I will not be buying anything till JULY.


KLCI : 1st JULY opening at 1709.77 and currently at 1634.05, down by 75.72 (or minus 4.4%)

Conditions : Only buy 30-index-linked counters (Hapseng replaced UMW, by the way) when KLCI having selling down and oversold.

Simple conditions ... doing good and could improve. Market is challenging and I would rather trade-less ... and focus in fewer stocks.

At the moment, I will be focusing into DOW30 and the counters trading in the 30-index-linked. This one is better as I could short-sell any of the counters which overbought.

Another week to go ... I have many things in mind. I need to be discipline to make a routine to be more efficient.

We shall see if tmr it is crumbling down as DOW minus 600points... our KLCI is the best index around!!

Till tmr ...

TEH
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