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Archive for November, 2011


Nov 3, 2011 10am Mid-week Webinar (Open to everyone)

Tonight uncle Ben Bernanke will have his glory again in the FOMC meeting. The last few times, market reacted badly. Will it be different this time? Join me in this webinar to find out more. To access the webinar, just click on the hyperlink below. Click here to access the webinar at 9:55am Thursday morning.

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Margin Call – the movie

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My opinion

For those that shorted, please set in a trailing stop to protect your profits. Do remember that tonight will have FOMC report and Uncle Ben Bernanke can do anything. That means market can swing down or can swing up. Over the last 2 days, I had good profits and closed my S&P500 and EUR/USD shorts […]

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Confidence….

When market moved higher this morning, a lot of people panicked. Most important is, if you have shorted, where is your cut loss? I know this is not the right place for this video. This video should be in http://DreamFirstAid.com but then, this is my website. I will speak from the heart. Do watch this […]

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UOB (on request) – hit resistance and fell

UOB hit a strong classical resistance of 17.65 and fell badly today. As long as you understand your risk reward, one can look into entering a short position. However do note that today banks fell a lot already, therefore, there will be some “chasing” involved. DBS is a bearish engulfing candle.  

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My personal opinion

I hate to say I told you so, but to long on Monday is like living life on the edge. Market is extreme overbought and if you don’t know why, watch the YouTube video again. When market is low, a lot of people are afraid to buy. But when market is so high, then people […]

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Noble Grp – Pierced the bull

Unfortunately after I highlighted it in the chatbox, Noble Grp went down a lot more and closed at day low. Therefore, if you missed the alert, then the risk is now higher as one will be chasing. Do expect some selling pressure tomorrow as those on contra will be forced to close their position as […]

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CityDev (on request) – lone ranger among the bears

CityDev is unusually strong  especially when STI is -50. If CityDev was black, STI would have gone a lot lower. As of now, there is no bearish reversal signal seen yet, but this counter you need to keep it in your watchlist later today to see of it does roll over. And when profit taking […]

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SATS – 3 hanging man in a row

SATS over the last 3 days continuously showed hanging man candlestick. Could it be the third time bad luck?  

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F&N – Bearish candle at overboought

F&N hit a strong rounding top resistance of 6.30 and could not go higher. RSI and stochastic are overbought and MACD histogram got a change of color. However downside has to watch as a lot of moving average are ganging up together at 5.80 to 5.90.  

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