Wednesday, January 12, 2011



20110112 Hap Seng.... an ugly 2 days of selling. Now, the question is with the deal so good, who is selling? A prime example of how if your entry was low, you cna hold out for the corporate exercise, but at RM7.50 on the day the deal was announced, it was a trap sprung by those who manipulated the stock up on it's parabolic rise.... As Livermore says, the time to make money on any stock operation is not when it is ramped up, but when it is sold down and dumped on the unsuspecting public. Follow the whole story.

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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