Thursday, February 08, 2007


20070208 Deutsche Bank said today Malaysian market is still bullish and not overbought. I don't know about you, but looking at the KLCI chart, it looks pretty overbought to me. Sometimes these people may be brilliant at interpreting fundamentals, but technical analysis skills need improvement. Fundamental data sets the tone for the Medium to longer term horizon, but regard must always be given to technicals for trade timing, exit and entries, in my honest opinion. But still, once you have good fundamentals behind you, there is no temptation to fall prey to 'stock tip' from acquaintances to get into a spec stock.

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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