Sunday, March 29, 2009


20090329 Malayan Banking Bhd, daily chart shows it has been sold down heavily due to the rights issue..... Whoever is selling is 'forced to sell', maybe Goldman Sachs, Citigroup, UBS, those giants who are now 'run out of capital' and have to put out their hands for 'bailout' form their governments. Anyway whoever is selling created a nice call option on Maybank. I would buy 100 shares in Maybank, then subscribe for the entitlement of rights AND apply for excess shares say 10000, 20000 etc in excess shares... If maybenk is around in 3 to 5 years, hopefully will provide a nice return.\, at least better than the crappy FD rates now.

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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