Friday, September 28, 2007

Stock2Trade (MEMS, EDEN, RCECAP)

MEMSUpside momentum still strong! Need to test 0.70 soon.
Wait till profit taking and buy as long as can stay above 0.65.
Target 0.80, 1.20. Support 0.58

EDENSeem like showing same strength like MEMS. I guess :-)
Now should be good for low risk entry.
Target 1.20. Support 0.85.

RCECAP
Good buying now. My favorite stock :-)
Target 1.3x. Support 0.89

Happy Trading!

Tuesday, September 18, 2007

Ranhill Oil Power!

Potential the most beneficially from high oil price and new oil discovery make ranhill share price an attractive new high discovery. Positive view if the price can stay above RM3.00. Medium term target RM6.00. Believe it or NOT? Let the market decide for us. Good Luck !

Monday, September 17, 2007

DJI Chart Preview : 17-Sep-07

What to expect? Fed rate decision will be out tomorow. In term of DJI chart, I would say upward bias if the index can stay above 13350 and next 13280-13250. Once index penerate this two key important support. Downward pressure will be high! Good Luck!

Thursday, September 13, 2007

Boarding Time? (HUBLINE, SILVER)

HUBLINE Will it be the FLAG pattern formation?
14-Sep will see whether it up or down next week.
To go up it must at least close above 0.705.

SILVER SILVER is close to breakout point which is at 0.45.
I expect 14-Sep will close above 0.44.
If so than the run will reach 0.55-0.60 soon.
Just to be optimistic. :-)

Tuesday, September 11, 2007

DJI Chart Preview : 11-Sep-07

DJI resistance: 13200. Breakout: 13280. Yesterday closing DJI is testing the support at 13120 level. If this level cannot hold, we still have hope at 13100. Since the MACD is going down. I expect tonight DJI will down 1st and hope it will pick up from 13100 level. For new sell-down to occur again, do watch 13000 - 13050 level. Well if this breakdown.....Good Luck!

Monday, September 10, 2007

Fed Rate Cut Can Help Market?

Analyst: Fed rate cut won't help markets
Lower interest rates will not bring in money but instead send dollar into a tailspin, says Punk Ziegel banking analyst.

NEW YORK (AP) -- A widely watched banking analyst said late Sunday the best solution to the crisis plaguing financial markets is to let cash-strapped borrowers default and their lenders go bankrupt, rather than slashing interest rates.

Punk Ziegel & Co. analyst Richard X. Bove wrote in a client report the hoped-for cut in interest rates this month will do nothing to bring money back into the U.S. financial markets. Instead, Bove said, lower interest rates will send the dollar into a tailspin and wreak havoc in the job market.

Many investors believe the Federal Reserve will cut its target for interest rates next week by at least 25 basis points, from the current benchmark 5.25 percent federal funds rate.

Investors have clamored for Fed Chairman Ben Bernanke to cut rates to stabilize financial markets, which have been in turmoil since July amid decaying credit quality and a flight to safer investments like Treasury bonds.

Bove cautioned that cutting rates will not lure investors back into troubled markets. Investors and banks already have the cash to buy risky loans and investments, he said.

"There is no liquidity problem, but a serious crisis of confidence," Bove said. "In a financial system where there is ample liquidity and a desire for higher rates to compensate for risk, the solution is not to create more liquidity and lower the rates that are available to compensate for risk. ... (The Fed) cannot reduce fear by stimulating inflation."

In fact, cutting interest rates will only encourage investors to borrow dollars at the lower rate and bring the cash to places like Europe, Bove said.

"It is illogical to assume that holders of cash will have a strong desire to lend money at low rates in a currency that is declining in value when they can take these same funds and lend them at high rates in a currency that is gaining in value," he said. "By lowering interest rates the Federal Reserve will not stimulate economic growth or create jobs. It will crash the currency, stimulate inflation, and weaken the economy and the job markets."

Bove said the solution to this crisis is to allow people who cannot repay their debts to default and allow the companies that issued bad loans to fail.

Sunday, September 09, 2007

Stock2Trade (TIMECOM, HUBLINE, DISTECH)

Potential Strong Runner!!!!

TIMECOM Short-term TP: 1.35, Support 1.01
HUBLINE Short-tem TP: 1.00, Support 0.65
DISTECH Short-term TP: 0.65, Support 0.35

Happy Trading !

EMOTION MANAGEMENT

Extract from the chat about emotion, patient and greed. Your profit and losses direction is determine by them. Try to control and manage them as best as you can.

FKLI Intraday EOD : 07-Sep-07

Wednesday, September 05, 2007

Stock2Trade (MYCOM, SILVER, RCECAP, NAMFATT)

As per today chating with red bull, richman, showers and lowyat82 -- as per my preferences I would say :-) . After checkout on TA, I come on conclusion I would prefer MYCOM and SILVER.


MYCOM
Almost going to breakout at 1.36.
EMA is going to crossover.
Target 1.55, 1.70. Support 1.17.


SILVER

Breakout point: 0.45, EMA going to crossover.
Target: 0.55, 0.70. Support: 0.37


RCECAP Breakout point: 1.00, EMA not yet crossover.
I would suggest sell at resistance @ 1.00. Support 0.80


NAMFATT Breakout point: 0.93, EMA not yet crossover.
Suggest sell at breakout point @ 0.93. Support 0.67

Monday, September 03, 2007

Stock2Trade (LIIHEN, SURIA)

LIIHEN: Support: 1.17, TP: 1.55 - 1.60
SURIA: Support: 1.54, TP: 1.85 - 1.90

Happy Trading!