Saturday, November 25, 2006




20061125 Nowadays when you open up the business pages of a newspaper like thestat.com.my, it becomes apparent the direction of the fund flows that enter the market. Nowonder the index has performed spectacularly in 2006 to date. Even in Magnum's case, years of depressed share price due to insider selling, now shows the hand of the insiders, who make a General Offer to buy back the shares they sold at RM2.30. Hold on to the shares, don't sell to MPHB. Make them buy back at higher prices, because they have pummeled down the shares via insider info all these years. The ANZ AMMB stake acquisition also herald the new wave of foreign investment flowing into Bursa market. This is made possible by the openess and progressive thinking of the new leadership in the Badawi government. Dr Mahathir should be sharing in this prosperity prospect. Althugh we need Dr M as an avenue of checks and balances, through free speech. He can do much good, especially to curb the radical thinking, especially the cowboy attitude of those in UMNO youth.

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"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore Manchester City FCl Crude Palm Oil

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From Dragons and Bulls by Stanley Kroll
Introduction and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system