Friday, January 27, 2017

#climatechange is real despite what the Neanderthals are claiming.... 

Wednesday, January 25, 2017

Ulicorp, next round for this growth stock... 

MBSB, range now 1.00-1.10

Tuesday, January 24, 2017

Fkli, moves off support.... 

Fake out to downside before the explosive uncoiling of the spring... 

Monday, January 23, 2017

FCPI coiling the spring... 

Plantations, sector leading the mkt.... 

Friday, January 20, 2017

Fcpo 15 min downtrend... 

15 mon fcpo momentum down.... Look for short positions. 

The trader in BMD

What I observe through the years is that 99 out of 100 traders are delusional, not grounded, obnoxious nor humble. They are one kind, focussing on what they did right, saying "You didn't get in long cpo, it was so obvious" But they say these comments after the fact when the market has moved 2% up.

In trading, as in life, stay grounded in reality and most of all stay humble.nnn

Thursday, January 19, 2017

Jan FKLI 4hr, at support?

Tuesday, January 17, 2017

Palm Oil Stockpiles to Stay Low in 1H Before Climbing in 2H: Fry
By Anuradha Raghu
(Bloomberg) -- Stockpiles will remain low in 1H before rising in 2H as production picks up, LMC International Chairman James Fry says in interview in Kuala Lumpur.
* "Because we're now in the low season of production, we're not going to see a significant increase in stocks until mid-year," Fry says. "After that, stocks can rise very abruptly"
* NOTE: Malaysian end-Dec. palm oil stockpiles at 1.67m tons
* Global palm oil production to rebound in 2017; will total just above production in 2015
* Prices in 2H will depend on Indonesia's biodiesel mandate and how much palm oil it can absorb out of the market
* Palm oil needs to have a bigger discount to other edible oils to increase its uptake as production recovers in 2H
* NOTE: Malaysia Crude Palm Oil Output Seen at 19.4m Tons in 2017: MPOB
* NOTE: Indonesia's Palm Oil Output Seen at 32m-33m Tons in 2017: Gapki

Does it matter, in the quest to make money? Basicaly no if it were so easy nobody would need to work, just read the 'stockpile' news and sit back to collect $....

Monday, January 16, 2017

2. 1 Basic Strategies
In summarizing the strategies and tactics you need to avoid the big wipe-out and to stand proudly in the 'winners' circle,' the following constitutes the essence of a basic strategy:

1. Participate only in those markets which are trending strongly or which are in the process of developing into a major trending formation. Identify the major ongoing trend of each market and take positions only in the direction of this dominant trend or stand aside (see Figures
2.1 and 2.2).

2. Assuming that you are trading in the direction of the trend, initiate your position either on a significant breakout (such as a gap opening on high volume) from the previous or sideways trend, or on a measured reaction from the ongoing major trend.

(a) In a major downtrend: sell on minor trend rallies into overhead resistance or against a strong down trendline, or on a 45% to 55% rally (or the third to fifth day of the rally) from the recent reaction bottom.

(b) In a major uptrend,: buy on minor trend reactions into support or against a strong up trendline, or On a 45% to 55% reaction (or the third to fifth day of the reaction) from the recent rally high. In this regard, it is imperative to note that, if you misread or choose to ignore the trend of the market, and are buying against an entrenched bear market or selling against an entrenched bull market, you are likely to spill lots of red ink, and feel pretty silly, as well.

3. Your with-the-trend position could result in a big favourable move, so you should try to remain aboard for the ride. By premising that every with-the-trend position could result in the big move, you will be encouraged to resist the many temptations to trade for the minor swings, or to scalp against-the-trend trades.

4. Once the position is going your way and the favourable trend has been confirmed by your technical analysis, you can add to the position (pyramid) under specific conditions, as noted in Chapters 11I and 15.

5. Maintain your position until you are stopped out, and your trend analysis indicates that the trend has reversed. At that point, if you have been attentive to the market, you should be positioned for the newly formed trend.

In Chapters 11 and 15, the specific and detailed tactics of exiting a position will be discussed. However, if you have liquidated a position and subsequent market action indicates that the major ongoing trend is still intact and that you have liquidated prematurely, get back on board. But, do it carefully and objectively, again initiating with-the-trend positions as discussed elsewhere in this book, notably in Chapters 11 and 15.'

6. But, what if the market moves adversely, not with you as it's 'supposed' to? First of all, how will you know if it's a position gone sour? If you can't work it out, the daily equity run will 'tell' you in no  uncertain terms. As a rule of thumb, you should probably not risk more than 40% of margin on a stock trade, or 70% on a futures trade. Dickson Watts, a famous turn-of-the-century commodity speculator once said, 'run quickly or not at all.' He may have had a deep bankroll or been enough of a masochist to include the, 'or not at all' part. My advice is to heed his words, minus the 'or not at all.'

And finally, while a consistent, viable strategy is clearly the main-stay of successful speculation, three additional traits are required:

discipline, discipline and discipline.

Friday, January 13, 2017

When news of Swiber potential default hit the stock last year, prices were driven down to RM7.60s. This represented 7% yield (on a historical basis)

An example of 'value' emerging in a financial instrument, brought about the stupid irrationality of human nature to over emphasize on 'negative' news....

Tuesday, January 10, 2017


Fcpo, focus on short side... 

2017 a new year
We went in to skpetro and armada in Dec. Now need oil price to perform. 

FKLI Dsily

..on the uptrend

Monday, January 09, 2017

The January effect continues, a peach of a trend....

Thursday, January 05, 2017


Fund mgrs starting to put money to work... 

The best and worst in 2016 #bursamalaysia

Fkli january effect kicks in.... 

Wednesday, January 04, 2017

Fkli extends gains... 

Well the jan effect seems to be peeking in.... 

Can we get a January effect going... 

"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


From Dragons and Bulls by Stanley Kroll
Intro 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/a>
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
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system