Saturday, December 30, 2006




20061229 Back online, with internet improving after the frustrations of the slow speeds caused by submarine cable damage caused by the Taiwan earthquake. On this last trading day, it is a time to reflect on a good year that has gone before. Chart 1 shows the KLCI..... what can we say but "Wow, proved all the critics of Bursamalaysia as a dog of a market wrong". The summary statistics from an article in www.bernama.com, speaks volumes about the pickup in volume and liquidity, to serve as a springboard forward in 2007. As for stock picking, chart 3 shows the 'no brainer' trade, BURSA, which shows players' anticipation of future market activiey. What about opportunity in 2007? Well since many of the brokers/investment bank stocks have followed BURSA up, there are still laggards like AIGB, which made EPS of 19 sen in the previous 4 quarters, yet lags the market. Maybe one to consider for the 'no brainer' stock trade for 2007.

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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