Tuesday, September 01, 2009


20090901 1126. 2 min chart of Commerz (1023 stock code). Proves a few things:
1 there are always buff heads in the markets, last friday during closing auction matched it at RM9.95 on volume.
2 Big water fish are always willing to throw $ away to the brave.(who would do well to buy during the closing austion last Friday.
3 This Bursamalaysia market lacks liquidity and players. We need the One Malaysia concept to come to practical fruition to attract foreigners.(who shun economically inefficient allocation of resources)

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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