iklan

Monday, March 31

The Tools Pt 3

Have you done you homework yet? the father ask. I had no homework to do sir , your kid yelled?But if you check his school bag there are a lot of homework to be done. The father then yelled back "Then how on earth you will be excellent in your exam if your homework were not done ? Then the parents had deep pondering to themselves and talking to themselves oohh that is the reason why any other kid got all straight A except our kid. Then the parent realised that part of the problem is homework were not done?

The market always yelled at us to listen to her but we as novices never in a life obey what she command us to do?She ask us to do homework but we are either too lazy or do we not know what to do ? Isn't she talking to us in terms of numbers?So that is the main reason why we do not understand the game and that is why we were always in the dark?Translate the market language be it either in bahasa or chinese or tamil that is understandable to you , then you are up in the game.

How to translate what the market is saying? Then I will show you the tools how to translate what the market is saying. Always remember only advisor who is right is the market, so obey her.

The next tools I will show you is The Parallel. What is parallel ?This is a tool to measure the market OB area and OS area. When something is OS then later in the period the market will rebound back as what you see the KLCI action last week.
As most of you are computer oriented this tools are embeded in the software ? But for the older generation of market participant like me who want to see what the parallel is then ,email me ?

So again you have 3 tools now in your war chest. Print out charts from the web that offer free charts then start doing your homework. Start practising the ruler, the french curve and the parallel . If this is not enough I will again post you another tools if you want me too?

Thanks for reading

The KLCI Weekly Update


Last week KLSE had a good run up with KLCI gained nearly 70 points. Did your see the action of KLCI tick movement on daily and real time ticking of the KLCI chart. Everyday you could see a beautiful Elliott wave movement of the pattern .

Is KLCI has nearing its upward movement of this technical rebound phase?That is from the bottom of 1188 to 1258. Is there any futher upward movement to this leg up phase?
Most probably yes since it seems she want to fill the gap at 1280-1290.Is it worth it to catch the futher 3% upward movement of this upward correction leg?That depand on what type investor are you?

The major Traffic Light no 1 was seen at 1290 ie the Resistance or hurdle no 1 that KLCI must overcome if it want to go further up. That is the current "stop and go" sign ie traffic light before the KLCI can resume it upward journey.

If Not the KLCI will resume its major down trend movement to 1000 level. This is supported by its weekly internals which are pointing down south.Did you see the action of the volume in weekly basis. Why is it contacting?

In summary for the NOW or current situation the KLCI has a further room to go up which is good to day trader but for long and med term trader act accordingly.

Me... the broken clock only right twice of the time( out of 24 strike)... Thanks for reading

The Weekly Survey Update

Have you voted on the survey in this blog?Though the election in Malaysia was over, don't be sad? You can still use your rights to vote on the direction of KLSE on this blog for the good of other readers especially our foreign readers who want to know the current situation of KLSE direction?

To those that had that had took part on the survey especially readers from Kg Seribu Relong, Cukai, Tanjong Tokong , Kg Kelapa Sawit, Papar, Kampong Lasah and others please use your right to take part in the survey.
The latest survey showed that nearly 90% of the voters , voted that the KLSE will be down. Alamak ..aiya... but last week we saw the KLSE had a good run up to nearly up 70 points to finish at 1258 with all the counters on the board turn HULK (green) !

Are the voters saying that the long term trend of the KLSE is down and what we saw last week was just a technical rebound ?
So what the KLSE is really saying to us?
Or is it saying when everybody were so pessimist and lost hope in the KLSE , the index flex its muscle and move against us.
Or it saying that the Pros are pushing the chairs to us and make us the one's holding the chairs?
So readers please keep on voting since its your right in determining what your thinking is ?

Me.... the broken clock .. only right twice of the time (out of 24 times)

Friday, March 28

The Gold Weekly Update


The gold had a good run up since its leg up phase since early Sept 2007 up till Mac 2008.The sideways trading range that started from middle of May 2006 to late August 07 took gold more than a year waiting period to see it broke its trading range .Did you see the price action when it broke to the upside on early Sept 07 and did your see the price range? Please study the chart and the notes that I had posted.

By looking at this latest gold chart if you are having only this tools, it pays to be a midterm to long term investor if you are investing in gold bar.

But for active trader who are more equip with all the tools and sophisticated software trading gold especially with e-Gold, they had been paid handsomely.

The graph that I showed above is the latest weekly gold price in RM. Isn't it not better to buy it on the breakout, though the price is high but the probability of being right is higher.Isn't it frustrating waiting it during its sideways movement watching it up and down without any significant price change. Isn't it better during this time to put your money in Fix deposit that can earn you interest? Usually during this period the Pros with large amount fund accumulating without we the novices or beginners ever noticing.

What in store for us for next week ?Only God knows?

But with little knowledge that have , we see though gold had showed weak internals but the ruler is saying that the trend is still up. You have to watch it closely next week if the TA has change .IF next week the TA indicator change and your ruler had seen break down trend line its a warning for those that are mid term investor to be on the look out.

But for long term investor if they would not like to spend their bill buying lot of Panadol need not to worry as The bull in gold is not over.It has many leg up phases to go. Stay tune......

In summary please decide what type of investor are you , are you are risk taker,what type of arsenals you have in your war chest then act accordingly to who you are?

Study your self and decide what type investor you are FIT TO?

Until next posting ..thanks for reading

Thursday, March 27

KLCI WEEKLY UPDATE


In terms of TA on KLCI it continues to be bearish from the TA point of view.
Meaning that the KLCI is still in corrective mode.Thats the Big picture.
In simple terms its going down to 950-1020 level for the medium term.
Remember that TA is only probability it can go anywhere she wants to.
So be prepare for other possibalities by using your other set of tools.

Now ....But in the short term that is now the TA internal indicators are suggesting that a technical
rebound is quite possible with PO of 1290-1300 levels. Where do I got this PO?
Simple , it’s the resistence or bottom that form on late September 2007.

To see the longterm perpective please look at monthly chart.
How do I get the target PO of 950-1020 during this corrective mode.
It’s the basic of Elliott that I am guessing. Remember the top
of 1020 in the run up of Tech Stocks in early 2000.The Top there will form
a supporting line to prevent it futher down. That is wave 1. If Elliott rules to be true
wave 4 usually will not fall in to wave 1 area.

The previous top of 1500 which occur on Jan 08 is the wave 3 phenomena.
Usually wave 3 is quite extended . It had shot up above the O/B area.

What now ......we are now on a trechourous wave 4 with sideways movement that
could last quite sometime months may be?
So what will the scenario fit to ?
Its fit to days traders who could catch a falling knife and those that could
exit faster than speeding bullet.
Elliott , as I say in earlier posting is quite confusing and I am very sorry for
Confusing you more.

Above are only scenario that could happen but who are we who can predict the future
With a precision timing like a watch movement.
Me … a broken watch could also be right twice the time… that’s me…..

KLCI Proxy

Do you ever wonder , why your good fundamentally blue chip stock though with a good pattern set up ,together with good TA internal indicator , then fall, once you place a buy order ? As if the market recognize your buy order!

Again and again when you sell, all of the sudden it goes up and up ? Is the market really hate us and does not want us to join their crowd?

Among the main reasons are the general direction of the market is against you.The popular barometer to gauge the general direction whether its an up trending or down trending market is the KLCI.
Its good to buy your stock during the KLCI is on the up trending mode and your sell your stock when KLCI is on down trending mode.
Once you have determine you are operating in an up trending general market you need to pick up superior fundamentally sound stock . If possible buy stock with good TA set up.

Another barometer to gauge the market is by observing bursa stock. code no 1818 (good feng shui number)

If both KLCI and BURSA is on up trending mode you can pull the trigger to buy.
If both are not in synchronize and harmony in their direction , wait until the dust settle down so that you can see clearly the BIG PICTURE. Not to worry Ur missed the train now coz Bursa Malaysia is always there for you.

Thanks for reading

Wednesday, March 26

The Tools Pt 2

Have you taken your kid's spare ruler yet? If not beg him or her but never steal from them. Stealing will make your effort will not be bless and in the long run and you will not be harvesting the profit that your are hoping for.
Yes the ruler plays an inexpensive tool in your arsenals . Have you heard the famous stocks trader who beats the market by using only ruler. They called him the Kid with a ruler.
Start practising them on the chart with a very sharp pencils, practise them often, many times or hundred times a day until the ruler become your best friend and later guide you to the direction of the future market direction. If the ruler is still not functioning as what you hope to be, just sprinkle it a bit of your magic words like what Harry Potter did to its magic stick ...... just Joking.

The next arsenal that I would like to introduce is The French Curve. Do you know what the French curve look like?I am sure most of you know it.The french curve are set of mathematical formula embedded in a simple plastic bean like shape. For those beginners who would like to see what French curve look like just email me I'll be in a jiffy to answer you. There are a hundred of shape of french curves so again practise each and every one of them until you found the one which fit the best on each stocks you follow.

Until next time ... thanks for reading and start practising

The Tools pt 1

In TA beside having software and data to feed to , YOU must have the most expansive tool.
That is a ruler that cost you 10 cent.
The lower the cost of ruler is the better cos you can safe the extra sen to save it into your piggy bank.

What to do with the ruler? For this if Ur are interested I will guide you how to use the ruler .Its similar as Harry Potter use his magic stick to produce magical things.

My ruler can do it to.No kidding.Its serious ? If you are interested, then I can teach you for free. No Joke.

Remember go to your kid's school bag and take his extra ruler ( I am sure your kid has extra to spare) then I will show Ur how you can make little extra (I am not promising million here) money in stocks.

Thanks for reading.

The Basics

Remember what Buffet reminded us to do in order to be rich?
Among other things is
...
invest in your self.
What does this meant ?
In investment terms of word, you got to invest in your self by everyday learning new thing through good books, video, newsletters and please not forgotting old things that you had learnt.
Be it, if the seminar last for only 15 min, 30 min or half a day talk and you can go to these type of seminars which are usually free beside that they supplied you with breakfast or tea.)
There are also 2 days or 1 week seminar and these seminar are quite costly.
Have you seen investment advertisement lately. There are alot in the newspaper?What are they promoting? What are their selling point ? They want to make you millionaire in just 2-3 days seminar?Then you start salivating and dream of changing your old car to Ferrari cos Ferrari had won Sepang F1.I am not joking please look at the paper now ? Isn't that tempting for novices like us?

Though you are investing yourself but beware of many unholiest snake oil promoter selling you cheap things at high price.Like Gores and Menang.You pay rm 5000 then you get rm1000 of lousy product.
Again there are also good seminar available which are honest want to make you filthy rich if again you attend their paid seminars. The free one, they will tell you cannot make you rich but the paid seminar can easily make you ...an OKB

As I repeatedly mention, this blog is meant to help beginners and novices like us to learn the trait first. Learn the basic first then gradually improved your self one step at a time.It does not matter how long it take but what matter is that, you reach your destiny.

So beware and be careful with you money. Its your life, don't let others control your destiny.
Sorry , if this missive hurt the not honest seminar promoter coz I had been there with thousand of dollars lost in attending bad seminar.

Which category do you fit in?

Just recently, I received a question from a reader regarding investor categories including which category performs the best in the market and which one is optimum.
Hopefully, this will provide some enlightenment on the matter and give you the reader some idea where you fit in the food chain. I will give you categories of market involvement to help you decide who you are in the investment game.In any share dealing I observe four categories of participants:
1/ The Trader: This person seeks opportunity in shares based on momentum and trend analysis. This person is more attuned to markets in general. Usually he/she will retain trading services such a trade advisory letter she subscribe to. Many times but not always this person uses a computer trading platform such as E Trade, Trade Station or Meta Stock. The use of trailing stops, stop buys and stop loss sell orders as market orders, not stop limit orders, are common to this strategy. The trader may hold a core position or may not, depending on the individual.

2/ The Active investor: This person approaches the share market with a respect for the market reality that no market reaches a high or low in a straight line. This investor generally attempts the simplistic approach of selling a percentage of his/her core position on a step ladder system into strength and buys back on weakness in the same manner. A step ladder order is placing sells or buys as a series or high for sales and lower for buys as the market moves in that direction. Since he/she is close to the trader in thinking, he/she will also retain a professional trading advisor but utilize the information less actively. Normally, this individual will or will not have a trading platform and utilize the stop order only as a stop loss market order.

3/ The Long term /Inactive Investor: This person takes a position and does nothing whatsoever. In a major bull or bear market, there is a rationale for this approach. The argument against it is that a person tenacious enough to hold through everything will generally also hold through the top of any bull market right into the following bear market.

As far as which investor does best, the following are the observations:
a. In futures or options, only the trader survives. Do not go anywhere near those market unless you are willing to be guided and do the work yourself as well.
b. The trader who is disciplined and willing to work does very well.
c. My personal opinion is the active investor can do as well as the trader.
d. The long term /inactive investor usually over stays the market and suffers badly as a result.

Determining "what is the optimum" investor is a very difficult challenge. Each person has to be what they are. The optimum is knowing what you are..
It is my opinion, the trader and the active investor do the best because getting out right is more important than getting in any major trend.

Thanks for reading……………………

Who Is The Best Investment Advisor?

Hands down, that answer is simple. It is the market.
But Alas even the market can lead you astray from time to time.
The problem that we usually have is that, we are knee deep in fundamental information.
This is where we will be infected with a disease call ‘paralysis analystsitis.
What is the symptom?
The symptom is, we are not be able to hold up our hand to call rimisier for the sell or buy order
Knowing too much is not the key to making money in the marketplace. It is the understanding that we need……………….

Thanks for reading

Tuesday, March 25

Weekly USD / RM Update


Did Ur remember The Asian Financial crisis in 1997? Our rm currency was being beaten up by Soros and our ex-PM that time imposed the Rinngit pegging to RM 3.80. Did you remember the famous word of Soros to ex-PM ' see you at 5.00.'


What does this all meant?

It meant at that time , the higher the quantity of rm being traded the less value the of the ringgit Ur will get if Ur exchange to every 1 us dollar.


Now the bear market of RM is over after the new PM has lifted up the pegging . It has relentlessly creeping up today's of rm 3.1985 meaning that Ur need rm 3.1985 to buy 1 us dollar compare previously Ur need 3.80 to get 1 us dollar.


The main reason why our currency is up is mainly due to weak us dollar and with good governance by our pretty Bank Negara Govenor. Why usd is weak Ur may ask ? Its mainly due its Triple Deficit problem they are having. Want to know what triple Deficit are?


Back to ringgit Malaysia, please klik to chart.All the details are there. The trend line up of RM is up but with little sign of fatigue for the short term. So enjoy the ride while Ur can ?But watch carefully like a hawk the internals and trendline.


Thanks for reading.

To be Successfull -Copy Succsesful People

Warren Buffet ? Do You know him? You don't know him... too bad . Don't be sad 99% of Malaysian also don't know him except seeing him on photograph and reading his article. Me inclusive never met him or talk to him.
What so special about this gentlemen. Well he is among the richest person in the WORLD . What is he doing? His job is not a doctor , once he applied for Harvard was rejected.He is a stock investor ...his full time job.

Very rich man maah investing stock.
What type of life he lives in .Very simple life.Do most of us carry hand phone?Well its a must to call our remisier etc. Cookiaa one tak main . But well ...for this richest man....
he does not carry a cell phone, nor has a computer on his desk. For us its amust otherwise you will not be reading this blog.
His advice for us and to young people alike :
"Stay away from credit cards and invest in yourself.
Remember
A. Money doesn't create man but it is the man who created money.
B. Live your life as simple as you are.
C. Don't do what others say, just listen them , but do what you feel good.
D. Don't go on brand name; just wear those things in which ur feel comfortable.
E. Don't waste your money on unnecessary things ; just spend on them who really in need rather.
F. After all it's your life then why give chance to others to rule our life.

Just do it ...while Ur can

The Once Mighter Usd Index


Remember the the usd chart that I had posted earlier.

Will usd index will become Duit Jepun during the Japanese invading Malaya during the 40?

Only God knows everything but we as observer just watching things to prepare ourselves. It is just like F1 drivers they study the weather to prepare what type of tyres to use during the race.Aren't they preparing themselves ?

Thanks for reading

What Are Your Vehicles?

I would still believe commodity are the thematic play of the Game.
Have you Seen that Gold, silver, agriculture related stocks and base metals are getting a correction...this is good news for us if have not participate the last up leg movement of the stocks. We plan to use declines to add to positions.
Is energy will become the leaders in this thematic play ? We strongly believe this.Are energy shares now are the right time to buy ? We would believe that energy is still early in its correction stage, so we will wait longer before adding to our energy positions.

Have you decide what type of investor are you?

Act accordingly to your type of investment would you fall to. Either a day trader , position trader or long term investor? That's your pick?
Thanks For Reading.

Are The Posted Charts Not Clear?

If the charts that I have posted are too small to be seen , just clik on the chart using your mouse.
A big clear chart will pop out for you to see. Study the chart carefully so that you can have the helicopter view of the BIG PICTURE.

As this blog are meant for novices like me , I will posted again simple tool and method that I am using to gauge the market direction.

That will depend on your request. If no request are made I would presume that the lesson are not that important.

Thanks for reading

Today's Bahasa

Boleh = bo .. leh pronounce boleh meaning can . The state of mind that Ur can do it how hard it is eventhough your physical can't do it.

Gelombang = ge ..lom .. bang pronounce gelombang meaning wave.

Biru = bi... ru. Blue . The colur of .... just no comment.

Thanks for reading.

Monday, March 24

The Spirit Of ' Malaysia Boleh '

Over confident ...that word should not be in traders dictionary . Over confident is the brother or 'cousin, or nephew of ego is detrimental to any Traders or Investor.

From this little experience of mine, many a time when I am so confident in any of my trade usually it turn to be a failure .In that occasion I was over confident with what I saw, a beautiful pattern that has form and complete with the exact wave count (Elliott term) and all internal indicators are pointing to the direction that I am hoping , later it turn out to be a Loss. Cut loss to be precise.
But in other occasion when my esteem is low and that overconfident is loss due to the previous loss that I have when I enter into position all the direction suddenly goes to my favour.

This make me realised that I just cant use this spirit Malaysia Boleh into my dictionary . Most probably it fit to others but not me.

My spirit is that I always think of bad thing that will occur to my trade so I am very well prepared if any thing bad will happen.
So be careful when others give Ur advise,please suit that advise that fit you.Not all human being are created the same.
Thanks For Reading.

KLCI Weekly Update


In terms of TA in KLCI it continues to be bearish from the TA point of view.
Meaning that the KLCI is still in corrective mode.
In simple terms its going down to 950-1020 level for the medium term.
Remember that TA is only probability it can go anywhere she wants to.
So be prepare for other possibalities by using your other set of tools.

But in the short term that is now the internal indicators are suggesting that a technical
rebound is quite possible with PO of 1290-1300 levels. Where do I got this PO?
Simple , it’s the support that turn to resistence or in simpler word the bottom that form on late September 2007 that will resist the upward movement of this leg up.

To see the longterm perpective please look at monthly chart.
How do I get the PO of 950-1020 during this corrective mode.
It’s the basic of Elliott that I am guessing. Remember the top
of 1020 in the run up of Tech Stocks in early 2000.The Top there will form
a supporting line to prevent it futher down. That is wave 1. If Elliott rules to be true
wave 4 usually will not fall in to wave 1 area.

The previous top of 1500 which occur on Jan 08 is the wave 3 phenomena
Usually wave 3 is quite extended . It had shot up above the O/B area.

So now we are on a trechourous wave 4 with sideways movement that
could last quite sometime?
So who will benefit this type of scenario fit to ?
Its fit to days traders who could catch a falling knife and those that could
exit faster than speeding bullet. I salute them all.My hats are to them.
Elliott , as I say in earlier posting is quite confusing and I am very sorry for
confusing you more.

Above are only scenario that could happen but who are we who can predict the future
with a precision timing like a watch movement.

Me … a broken watch could also be right twice the time… that’s me…..

Elliott in Action

The Elliott fans would be delighted today in observing a beautiful Elliott wave in action.
Please have a peek on your left hand corner of KLCI chart .
The chart had created a pretty wave 1 then retraced to about 38% then is creating wave 2 then make an upward wave 3 with slight extended than wave 1.Then it retraced to make a sideways movement of wave 4 .Then the final wave 5 was observed with similar in upward increased to wave 1 wth a bit extended.

Talking about wave, this wave is not that similar to 'gelombang biru' the party BN is blowing on to Kelantan and Terengganu in early stage of their manifesto election to capture those states. Its just waves invented by RN Elliott in 1930's. (Sorry no politic here)

In classic Elliott wave theorist after an upward movement of waves that we saw today it will follow a correction mode of Wave A , which down then wave B which is up then C which down .The movement of wave C down should not be lower then 1188. If that number is breach then Elliott wave is not applicable and new method will be applied to gauge the market direction.

What in store for us tomorrow? Let not dictated the market what to do, but let observed her and take action accordingly .

Thanks for reading

Have Ur Dicided Yet

In the previous posting I had clearly posted, that in order to be successful one got to know who one's are?
You must decide who you are and what are your tolerance to risk are ? Do you feel unsafe and worry about your money being long on the table before somebody else take it away.

What are your arsenals that you have in your pocket.? Did your know, once you put the buy order actually your are fighting against the Pros who have all the means , gadgets and sometimes mentoring coach on the side.They have all the arsenals from all angles you never thought possible of.

We as novices, what do we have ? Except for praying to one's God (by the way God never bless us to play Genting resorts or GAB shares etc which are not syariah compliant .Sorry for non muslim this statement is not relevent to you) to help us in times of crisis that we chose to.

Always ask and make a diary of your trading journal only then you will realize who you are in this trading game ?

Do you have a Trading Journal?

Thanks for reading......

Chart Similarities

Have you seen the two charts that I had posted earlier ?
First chart is the Gold chart and the other is the Crude palm oil chart. Did you observed the similarities in the 2 charts?
First they are categorize under commodity sector.
Secondly the shape of the chart pattern when they explode to the upside movement.
Study the chart carefully, then you will see alot other similarities.

Use these similarities when ever you want to study chart pattern of your own favorite charts.

Until next posting thanks for reading......

Crude Palm Oil update.


The CPO futures had a good run the last 2 weeks .it reached to its highest price in the history of cpo to nearly rm 4490. Now it's on a correction mode.

Did ur see the cup and handle pattern it has developed since march 2004 till jan 2007 before it broke out the gate. When the price breakout it wait for nobody .The price shot from rm 2000 to rm 4490 within 1 year time span. Did ur noticed the time it's in a trading range . I t took nearly 3 years but when it shot up it took 1 year.

Did ur noticed the number 1 ... 3... numbers mention here? It's Fibonancci numbers .Remember the famous Italian mathematician.


Where now the CPO is heading? Is the bull market in cpo is Dead? Can we enter now?

Remember who ur are ? Are we days trader or are we position trader or are we long term investor? So differnt category of investor they enter and exit the market differently. I cant tell who you are unless you your self answer it yourself and then take the step accordingly.


Please read the title Know yourself in this blog posted ealier to find out more?


Again thanks for reading.

Today's Bahasa

Pasar malam = Pa .. sar ma.. lam (it's make up 2 phares) meaning night market similar like flea market.
Its operation usually at night and the cycle is once a week.
Usually this is the place ur can get cheap product . Alas but not any more.Most probably due to inflation.
This is the place ur can guess where the market is heading. When there are lot of people shopping at the night market then ur know that the economy is good when less people ur know that the economy is not that good. Except for 'kueh mueh' or 'char koew teow' which are still cheap other than that its advisable that ur should go to hypermarket for good basketful of product.
Thanks for reading..........

The Weekly Gold Update


The gold had a good run since its leg up phase since early sept 2007 up till mac 2008.The sideways trading range that started from may 2006 took gold nearly 1 year waiting to break its trading range . The leg up phase now seems to lose momentum.

The graph that I showed above is weekly gold price in RM. Isnt it not better to buy it on the breakout, though the price is high but the probability of being right is higher.Isnt it frustating waiting it during its sideways movement watching it up and down without any significant price change.Usually this the time the PROs with large amount fund accumulating without we the novices ever noticing.

The leg up in gold seem to be fatique and we will wait for the next leg up to prepare us for the next entry.The bull in gold is not over.It has many leg up phases to go. Stay tune......

In summary stick to fundamental first the time your entry as good as possible

The King Of Fruits




Have you been to Pasar Malam lately?Did you see who sells to you durian? Yes the Indonesian, some says Achenes.They are becoming richer by the day with no income tax form to fill and etc.
I have a durian orchard with all planted with durians, D24 ,D 2, all the variety of D's.When durians started to bloom flowers, these Indon came and spy with their eyes open and ask us if we want to lease the plot just to harvest the fruits.
We city people with no luxury of time usually lease the plot for that particular period of time to take the fruits only.They will not sign any agreement with you until 1-2 months later.Did You know why? Because they want to make sure the flowers are fully intact and really bear fruits and fruits are intact and countable and their profit objective are met.
Isnt it common sense? They do not bottom fishing that is buying when the durian bloom with flowers and waiting long enough for lot of uncertainties .Why? Because of of to much heat and rain the flowers will not bloom and falls to the ground.They will wait until the size fruits are seen (pattern) and the numbers are they.(price objective)

This is the analogy that I am practicing not to bottom fishing .Why not wait until the KLCI or any stocks that ur monitor is having the definite pattern or on the verge of breaking out and then start to buy.Why?Coz the waiting time will be less and a lot of uncertainties are minimized.Other then that we can use the fund for other profitable venture which can generate income.


In summary stick to fundamental first then time your entry as good as possible though not good enough is better than not having. AS TA itself is also not perfect .
Thanks for reading.

Sunday, March 23

Formula One In Sepang

Did ur watch F 1 championship in Sepang today 23 March ?Did ur see how the driver masking themseves (head and face) before the race?

Asuming if their head and hair suddenly got an itchy sensation while they are driving how on earth they are going to tackle that?

That showed us how focus the drivers are to win their races.
We should emulate their concentration and focus in achieving our goal too ?Can WE.

Thanks for reading

A Good Read


If ur have the time please read this interesting book.

Usd The Once Mighty Dollar

Remember the day I posted ur the head and shoulder pattern of usd index. In TA it's going down to 0.52.
Here is among the fundamental reason why its falling?

Rescuing the dollar - the debate heats upFears about the greenback are building, but currency experts say a bailout by central banks isn't likely.
By David Ellis, CNNMoney.com
staff writerLast Updated: March 21, 2008: 7:43 AM EDT
NEW YORK (CNNMoney.com) -- Could the dollar be next in line for a bailout?

Today's Bahasa

'Berkat' pronounce 'ber' .. 'kat' meaning bless with as an examples ur bought mpi or unisem in 1998 with ur capital rm 3000 only with 1 lot only without ur monitoring the stock ( if ur look everyday it doesnot come true) then ur capital appreciation goes to rm 30,000 (before the split) or more . remember the Verse when God want to reward this worldly gain it usually reward you with a minimal of 10 bagger.

Thanks for reading

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Its better to view the blog using latest Internet Explorer to the see the blog.

Happy Viewing

The Platform

For technical analysis enthusiasts they need a good platform to work onto their drawing board.
The platform or the software are divided into two. One is automatic of which buy and sell signal are given to you automatically . For your part is take the action by calling your rimisier for the buy and sell order. This type of software are known as black box .To name a few among the software are Omnitrader, PTA, Elwave ,Trade Guaider, AGet and thousand of others .

The other group are , the software give you all the indicator but your brain got tweaked the internals indicator to give you the the buy and sell signals.
To name afew are Metastock Tradestation Trackand tradePro and alot others of which you can find in the cyber world.
Both of the group need input data weather it is End of day data or real time or tick data. Its all depand on your trading method weather you are day trader or long term investor.

It is A big NO NO NO for you to buy a pirated copy since on the long run your hard work will not be bless and your profit will not be " Berkat".

So in order to start using TA you need afew thousand dollars to maintain your working arsenal.
But there are few option of which you can minimized the cost by using other website to look at the free chart avaiable. Alas it's not as good as you, yourself having your own arsenal in your hand rather than borrowing other people arsenal to shoot the target.

I can teach you how you can have your arsenal at minimal cost and yet having good platform to work with , if you are interested?Just email me I will answer you in a jiftfy.

Thanks for reading.

Saturday, March 22

The Fundamentalist vs Technical Analyst

To the purist Technical Analysts, charting plays an important role in entering and exiting market. To an extreme extent , they say everything that bound to happen are shown in the chart.
Unlike their other counter part i.e the fundamentalist, they rely more on balance sheet and the prospect of the company in terms of eps, net profit , sales and CANSLIM (O'neil formula ) to value investing(Graham) in their investing decision.

To rely solely on TA , an expert of TA in the long term will back to square one. For fundamentalist in the long term together with TA , they will be the winner and all laughing to the bank.

What is the best method to invest in the market ?The fundamental is the safety net plus Technical analysis is the timer.

Thanks for reading.....

Head and Shoulder


head and shoulder pattern usually refer to the shape of chart pattern resembles shape of man with left shoulder then head then right shoulder . if the pattern was seen on the uptrend the present of the h/s indicate that reversal are bound to happen and new down trend usually occur. If the pattern was seen on the down trend the new uptrending move is about to occur.

In summary head and shoulder pattern are reversal pattern so always on the look out for it.


Have you seen on daily chart of klse very nice head and shoulder top pattern has occured and it has broken the neck line on last 2 weeks?


The usd chart that shown is an of H/S pattern top.Have ur seen RM chart is a contrararian of usd chart ?

Thanks for reading

Is Money The Root of All Evil

Our effort is to help people in balloning their account in one leg or tick at atime. Be it in their piggy bank or under their pillows it doesn't matter. For gold its better to put safe in a bank that ur trust.
But, are we stimulating them to be evil ?
For many religion seems paradoxical on the subject of money.On one side it tell us money is the root of evil .Its also causing people to loss faith on their belief.But on the other hand God often blesses the righteous with wealth and material prosperity. For instance in old testsment or also in Quran it tells that after Job (nabi Ayub) endured his many trials and proved his devotion to God he was given back twice his wealth and possessions.So was God rewarding Job's righteousness with evil ? Of course not!
So its all depand on your action and your good sincere intention what will you do with the money.
So first thing first .Work hard for the money as God never fall the rains together with dust of gold.
Sorry for taking your time to long in reading the blog.

Good Stock Shows Good Chart Pattern

Charts that have strong fundamental eg good sales growth , good net profit , good eps growth (or if you are using the CANSLIM formula). Their explosive move in chart pattern are enhance if they were the chosen ones into the thematic play for the sector .USUALLY these stocks exhibit good chart pattern behaviour.

Rememember the good tech run in 1999 to early 2000 all the tech stocks exhibit very good chart pattern like Ben Johnson dash for 100m. Look now at stocks like unisem mpi etc?Are they nice to look at? Are they explosive like the yesteryear?

So always on the look out for charts that those are handsome and pretty to look at.
Erratic charts shows erratic performances of fundamental with less than superior CANSLIM chiteria .Unless the 'composite operator' painted and make up the charts to look beautiful.
Thanks for reading

Friday, March 21

Bahasa Lesson

happy = gem.. bi.. ra pronounce 'gembira' meaning the state of happiness occurs when you sold ur share with profit .Does not matter little or big. The important is to let everybody know so ur can brag about it.

Sad = se..dih pronounce 'sedih' state of saddness when you sold your share at loss then ur see it up with 10 bagger profit.

Thanks for reading.

Know Your Self

Before ur invest in the market ur have to know your self first.Ask yourself ? Am I a trader which can expertly catching the falling knife and swifly enter and exit a positionan and have luxury of time money and all the gadget like the Pros.
OR am I medium term investor catching each in every leg up move which sometime take week or month
Or am I long term investor which have no luxury in in keeping up the market every minute and every hour.
As an oldie like me I cant stand the fast phase and I am incline to be a mid term and sometimes long term investor.
I wait for the best setup to occur and enter the market with proper safenet and price objective.I let the market give me the amount which I deserve to.
I am not bragging coz making money is more important to me rather than people give me empty good words which has no contibution to my account.

Sorry if my words are harsh.
Thanks for reading

Quote Of The Day


YOU HOPE WHEN YOU SHOULD FEAR, YOU FEAR WHEN YOU SHOULD HOPE...(Jesse Livermore)


Who is Jesse Livermore? Well .. he is the idol for most of the stock speculator of the world. His word of wisdom are true till today and we should internalizes what his word of wisdom are .

Gold Update

Gold down and down. Not to worry it is falling but not out. Gold in ringgit malaysia from its top of rm3308 todays its down to rm3004. Open our eyse as big as it could be to nimble little bit here and there accordingly.

For me I still belief gold is in major gold bull era.

Thanks for reading

KLSE Update Daily


The KLCI rose 6.52 points to 1,186.54 on Wednesday in response to the overnight 420.41 points surge on Dow Jones Industrial Average.
The KLCI jumped as much as 2.3% minutes after the opening bell but trended lower as
the day progressed on persistent selling pressure. Market breadth was negative with losers outnumbering gainers by 431 to 312. Trading sentiment remained cautious as reflected by
the slower trading volume of 0.69b shares worth RM1.51b as
compared with 0.70b shares valued at RM1.48b a day earlier.

What Lies A head- Inflation

Inflation in Malaysia ? No need to worry coz we have new minister to take care of the consumers
Is it?

Malaysian numbers?
The average Consumer Price Index (CPI) for Jan-Feb 08 increased by 2.5% to
107.7 from 105.1 in the same period last year.
This was due to increases in the indices of all the main groups except those of clothing and footwear and communications, which decreased by 0.6% and 0.7% respectively.
Notable increases were recorded in food and non-alcoholic beverages (4.2%), housing,
water, electricity, gas and other fuels (1.4%) and transport (1%). (Source: The
Star)

What Lies A head- Inflation

Inflation is not just a European and US problem. Hong Kong and India both came in with inflation above 6% today.

Indian inflation accelerates, policy seen tight
Thursday, March 20, 2008 1:57:03 AM (GMT-07:00)Provided by: Reuters News

My Precious Thing

Please look at the price chart of gold on our left top hand corner. It's ny spot gold price .This is the line chart which has the closed price only. No hi lo range .Usually the Pros are more interested in the closing price. Gold had gone to 1000 + this week . Now its down. Is the gold bull is over . NO NO NO.
It has few more years to go . For gold, to be on the right side of the gold market look for USD index. Then act contararian to it. Meaning when usd index is up gold is down and vise-versa.
Thank you for your reading.

The Survey

I thanked you for those who generously took their time in participating the survey in this blog. At the moment in time the result showed that 100% of the voters (no makhal sakthi voters are here I presume) said that the market is DOWN.
Are we not to the market paticipant to act as contrararian to general consensus ?

I presume there are no bloggerarians to answer me?

Again thank you for listening.

The Various School Of Thought In TA part IV

Among the most difficult to master in predicting the market is by using sun and moon cycle in predicting the top and major bottom. There are expert analysists out there using the various moon phases and sun phases and with combination of TA there are able to predict the the major top and bottom. Alas their fee are quite high but the risk are low if we believe in them.

There are also reputable astrolger or feng shui master or 'bomoh' which can predict the market quite accurately for you , that again if you belief in them.
Among the malays previously (now I hope no more)they go to certain graveyard asking for next big number to hit the jackpot.
If the world is so easy to make money everybody in the world are billionare. So who need a stockmarket who need forex that make our life a misery.
For generalist like me I prefer to do my own thing coz I am resposible to my own money .
Thanks for reading.

Thursday, March 20

Today's Bahasa Lesson

Great fall = me ru dum . pronounce merudum .
When people panic eg in klse on mac 10 2008 the composite index fall more than 10% ie 130 pts. They said the Bursa Malaysia first time in 50 yrs (the yr we celebrate our 50 th yr independence) used the circuit breaker to halt the trading sesion for 1 hour at 3.30pm to 4.30pm.

Not to worry there will be time the market will be 'me lan tung na ik' or 'na ik gi ler' up furiously.
We will wait for that time to happen .This 'Usually ' occur during the last leg of the uptrend. In chart is a pattern symbol on top of the church. In candlestick is call................. any body knows ?

Thank you for reading .
Sorry for mentioning church I presume this analogy will make people more understandable the pattern look like.

Who Is Always Right All The Time .. Market

Market is a place where people are voting the price of certain commodity.
When the demand is high the market is up.
When the supply is more than demand the market fall.
When the supply and demand is relatively the same we see a sideways market.
This is shown in a chart price together with people voting for it which is shown in volume.
To be on the right side of the market is the dream of any market participant.
So in order to be profitable be with the market direction.
It is easier said than done but with hard work and alittle bit extra effort and little bit of luck we can achieve the goal.
What happen if we are on the wrong side of market ? cut loss is the answer.why? coz we can have the fund for the next market participation to be in the game.
Again Thank You for reading.

My Precious Thing

When uncertainity prevail gold is safe haven for most of conservative investors. Gold had a good run up to 1000 from 500 .The break out of the pattern might say that gold is saying it need a little rest before it run UP again. I wait for next break out again to enter the market with little nimbling here and there as gold is really in best gold bull era.
Thank you for reading.

Position In Klse

Though the KLSE composite index is up 6 points to 1186 I still had no position in KLSE.
I will let the market settle down first. Let the market decide where it want to go .
I will enter when pattern emerge and my system say enter.
Fundamentally Malaysia is in good position as she is commodity producer country with the largest oilpalm producer and net exporter of oil .
But with uncertain political setback of which 5 states was lost to opposition let them settle the dust first.
Thank you for reading.

Today's Bahasa Lesson

UP = na .. ik pronounce naik. Term often used when the stock is up.
Down = tu .. run pronounce turun Term often used when stock is down

I Wish I Can Internalize This.

IF.....

IF you can keep your head when all about you Are losing theirs and blaming it on you,
IF you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or being lied about,
Don't deal in lies,
Or being hated,
Don't give way to hating,
And yet don't look too good,
Nor talk too wise.

with courtesy www.kipling.org.uk

The Graph


Various method were use in ploting graph. There are ' Arithematic graph' and also 'Log graph'. Time factor diffrentiate the two.

In ploting graph there are OHLC i.e bar, Candlesticks, Candlevolume, Equivolume, Kagi, Lne, Point and Figure, Renko , Three line break and others . Now the most popular is candlestick with the historical background originated from rice trader in Japan. Above is an example of candlesticks.

Practice your own which graph suit you most and applied it everyday to your eyes so you can get the FEEL of IT .
Thanks for reading.

Wednesday, March 19

Today's Bahasa Lesson

Welcome =Se.. la..mat Da..tang pronounce selamat datang
Goodbye = Se.. la..mat Ja..lan pronounce selamat jalan

Selamat malam

The Various School Of Thought In TA part III

Sorry this is not for the PROs. We are learning all basics first with in mind KISS. keep it so simple.
Alas the market is not that simple as we perceived it to be.

Everthing in this world have cycles. The reccurance of certain things happening again and again with certain duration of time and timely reccurance.
Examples in Malaysia 'always' in Nov -Dec is the wettest period of the year and Feb -Mac is the hottest period of the year.For foreign tourists please visit Malaysia after May. (just for information only pl check the weather forcast.)
Alas this cycles act as a guidance only not perfect and accurate. In using cycles we can Sometimes make an accurate prediction to where the market bottom and top are. This all relate to the chart pattern we are looking at. How we use cycle in the stock market? Stay tune for the next episode of KISS.

Sorry I had kept it long enough.TQ for reading.

The Various School Of Thought in TA part II

Have ur ever heard the famous Italian mathematician by the name of Fibonacci.With the help of the great pyramid he discovered the sequence of 1 1 2 3 5 8 13 21 ......etc .If you happen to see car with plate number 618 -1618 -1318-318 -50 those number are the derivative of the fibonacci number. Why are these number important in stock market . Those number are impotant coz the numbers do have corelation with support and resistence with the movement of the price chart. woow its boring isnt it? sorry for keeping you boring . Thanks for reading . Please drop a line if anything I had said confuse you.

The Various School Of Thought In TA


Among others elliott wave is among the most followed disiplin in TA. To cut long story short in elliot wave consits of 3wave up and 2wave down.With various combination of wave structure make this disciple among the hardest but when you get it ur will be the finest analyst in town. For the sake of simplying things there various software meant for culculating the wave structure eg GET, Elliottician ,Elwave simple one PTA.Please understand that I am not selling anything here nor did I endose any of the sofware discribe. For elliotician disciple for KLSE the wave structure as illustrated on the graph. Thank you for Listening.
The chart is courtesy from JF Apex Securities Bhd

To Whom The Blog Are Meant To ?

These write up are meant to novices not to the PROS .To those who never had a chance to taste the fruit of their labour.
The capital market are never easy as many people perceived to be?
It will never be easy . It need hard work, persistence disiplin and emotional control.
Ego is dangerous and lethal .The market will do everything to wipe you out of the game.
When you are wrong admit it .This where the term cut loses is applied.
Is it too much for today? Ok I stop it. Stay tune for next episode of KISS (keep it so simple)
Again thank you for listening

Today's Bahasa Lesson

Bull= lem .. bu pronounce lembu (when the market is up)
Bear= Be ..ru.. ang pronounce beruwang (when market is down)

The post is meant for our overseas readers... sorry for our Malaysian readers.

What Lies Ahead...BIG Inflation?

Prepare for the worst and hope for the best.

Bull In The Commodity Market.

Goldman Sees `Explosive' Commodity Rallies, $175 Oil
By Claudia Carpenter and Alexander Kwiatkowski
March 14 (Bloomberg) -- Commodities may have ``explosive rallies'' in the next couple of years, with crude oil rising to $175 a barrel, according to Goldman Sachs Group IncGoldman Sees `Explosive' Commodity Rallies, $175 Oil

What Fate Lies To Once Mighty US Dollar?

US dollar measured by the USDX is headed for .5200.

Qoute1 Of The Day

But I can tell you after the market began to go my way
I felt for the first time in my life that I had allies -
the strongest and truest in the world; underlying conditions.
Jesse Livermore

Does Chart lies?

When men (+women) confronted with fear to save themselves lies are instant protective mechanism to protect themselves .
So as chart , when certain uncertainity prevail the composite operators paint the chart beautifully so as to attract as many novices to hold on to the last chairs.
The terms 'bull trap' or 'bear trap ' commonly discribe to many tech analysis best discribe those terms.
Alas but those episode came after the fact ?
How to protect us from being fall into those traps?
Tune again to this site for another episode of KISS. keep it so simple.
Thank you for listening

Sunday, March 16

the chart has spoken

with the broken line of head and shoulder broken convincingly with high volume it might say the uptrend at the moment now is down
notes: the chart is courtesy from jf apex sucurities

Saturday, March 15

again its falling


the ci its again fail to gain footing at 1200

look its falling

the main uptrending general market has broken down.
the main support 1200 does not hold
again look its down

Friday, March 14

welcome to uptrendseeker
may we can now work together to enrich ourselves