TCSS

odie,

SMRT — Even down to S$1.12, there is still alot of meat on the plate for shorts.

1.  Go long when stocks reach a new high. Sell short when they reach a new low.

2.  A stock is never too high to buy and never too low to short.

zuolun bro,

i just need to practise more shorting
my last smrt short wasn't so good and ended up with a small loss
after i covered my short, 2 days later, the price went lower
if only i waited a while more:)

Chart is similar to a compass if one knows how to use it correctly

When the stock markets of other Asian markets plunged big time in end-May to end-Jun 2013, they reflected the mass capitulation by Foreign Funds. As the S$/US$ has appreciated by 15% since 2009 and S'pore had underperformed other ASEAN countries in term of % GDP growth 2012, Foreign Funds were mostly absent at end-Dec 2012. So the impact of capitulation by Foreign Funds on the STI was not great as compared to other Asian markets. Thus, the tight trading range bet. 3167 - 3328 points in the 1H2013 suggested that the STI has been supported mainly by local Fund managers since the beginning of 2013. These local Fund managers only support the 2 major pillars of the S'pore economy; the properties and bank stocks. But properties and bank stocks are sensitive to sharp interest rates spikes which will negatively affect their qtrly earnings — that's a fundamental and inverse change. So if you're the local Fund managers with portfolios heavy on S'pore properties and bank stocks, would you consider increasing or paring down the 2 main categories of stocks at current prices which had corrected at the most 10%?

Southeast Asia Bears Brunt of Market Chaos — 20 Jun 2013

STI (2H2013) — Range bound trading bet. 3167 - 3250

odie,

Due to severe short-squeeze SIA spiked immediately after you sold.

This stock play 1 lot can do QIQO many rounds.

1 time = 13 bids, 10X = 130 bids, soon you end up as an egg collector.  

odie,

If you're scared of big bird then wait for the price to come to you, don't chase.

You can have a nice buffet next week, I will pm to you another list of stocks for short-term long called "year-end-window-dressing" play, later.

It's valid for one week because the play is once a year, only.

One criteria is that, you've to wear red underwear to ensure LADY LUCK is with you!

odie,

I've the complete list of 30 stocks earlier but many stocks are not my cup of tea. So I sieved thru and picked only those which I liked. As the selections are from the group, the main contributor have already bought some stocks last week. If you don't like certain stocks, just go thru the "selected list" and pick the best. BTW, I only contributed 3 out of the 30 stocks.