All in a day's work

Do you want one of these?

While we are worrying here about a 6% inflation, somewhere out there, there's A NEED for this kinda bill.

Oh for the record, Zimbabwe, grappling with a record 2.2 million percent inflation.

SMRT Taxis says it will remove the surcharge when diesel price drops to S$1.19 per litre, which was the market rate in December last year.

quoted from
http://sg.news.yahoo.com/cna/20080720/tap-383-smrt-taxis-introduce-30-cent-fue-231650b.html

Do they even know it's 1.9 now?

If there is still anyone here looking at my blog, this is my update.

I've not been posting much as I am currently venturing into fundamental analysis which I'd think better suits my investing objectives and future schedule.

Technical Analysis will not be chucked aside, obviously, but I will not post TA charts as much as before or rather, ONLY IF there's something DAMN interesting.

So friends, I'm still alive and kicking, just that I'm rather inactive at the moment. To post anything regarding FA, I think there are better sites you people can refer to like, LP's blog. =)

Perhaps, something to mention is that

1. Singpost should be buying back some of it's shares soon.

2. MIIF has taken a bad beating so far, but still relatively attractive in my opinion. It has fallen to my entry price, should I add to my position.

3. Is Sinotel considered unvalued at this moment?

4. In the Palm sector, which company amongst the smaller 3 can be the next big thing. Is there any chance.

5. Water is being heavily invested, is it worth entering, HyfluxT? Not too sure myself but one thing for sure,

I do not have such a huge capital for allocation. =)

Hmmm...

The 1st 2 counters I bought when I first started.

This counter has been on the top volume almost everyday these few days, sustaining lots of selling pressure. It's recent uptrend has been broken with 2 dojis, to me it's "hesistation".

Using Fibbo, it can be seen that 0.985 is a support which has yet been breached for 2 consecutive days of testing that line. Intraday wise, there's pretty much of buying at 0.985. Should this be broken, it's 0.935 but then again, this price seems pretty strong at the moment.

Sorry if my chart looks messy. I just thought of including the bollinger band cause it seems to show the Resistance and Support pretty clearly.

To me for short term, 5d MA seems acceptable but then it's subjective and differs from individual. Last closing broke 5d MA. Not very nice, but not totally hopeless.

Support as seen from bollinger band is near 0.72, which is supported by the candlesticks as shown.

3.15 Support, period

Note that in almost every May the share price will definitely drop. Nothing to be seriously worried about since it's after it's Div payout. I've got the impression or read that this company's payout is 100%. So a dip in share price due to the outflow of cash, is perfectly normal.

Fundamentally, I've yet to really go into it deep, but I've got the impression that this coy is good. I mean how can it not be? It's ST, and who is it's backer? Who does maintainance for SAF? 100% payout! Or am i mislead? ha!

This counter appeared on my shortlist ever since I saw it's trading channel from 3.6 to 4. But my interest on it increased on it's recent breaking of it's 200MA.

I'm waiting to collect at the price range of 3.61-3.63, if it ever happen but anyway, I read from sharejunction that they will annouce their results coming Wednesday. So 'll just be patient till then.

If it comes, it comes. Else it's alright cause I've got ST Eng under my radar also.
Another heavy weight trending on support.

Taken from Soccernet.

Once again, reconfirmed as champions!

An old bird closing the chapter,scoring the last goal, in the league for the club for Year 07/08.
A young bird hitting 41 goals, with 1 more game to go.

Nothing materially gained from them being champions but it's just good to see them win the league. Pride! Ha!

Next up, UCL in 9 days time.
Another hit on Chelsea's ego would sum up a very satisfactory season for Man United!

We are the champions.... We are the champions.... We are the champions !!!!

I've made a huge mistake at my entry price on this counter. A simple analysis is shown on the chart.

Rightfully, I've spotted the trend that it rebounds off it's peak and off it's support. If one manage to catch the 2nd and 3rd rebound off the support and the 3rd and 4th rebound off the peak, I think that person is a happy man. =) I din, but I've learnt a bit in my 1st ever serious short position.

I did not take time to observe the movement of the counter but hastily entered a position quite off the possible peak. I was impatient. Note: Shorting is a total different ball game all together.

Taking a closer look on hindsight, I think I learnt a few things off this 1st short position.

People interested in shorts, dun plunge head in. Do a more detailed analysis.

More profits can be taken from a short if done right. Be careful.