DOW up slightly. LVS at 16.97, touched intraday high of 17.17. Buying at 14.70 last week, should one sell now? LVS still playing at the HK-IPO news, and might still have some rooms to move further. Ok, lets take profit at 17.70 - that is USD3 profit, and that is 20% in a week trade. No bad, or better than most of my trades!

I will be free later, but I want to go to KLCC's bookstore. Never been to Pavillion.

SL : I met my old-good friend yesterday for a drink. She said she might be reading my blog to learn about investing/trading in stock markets? Hey, SL ... are you reading this lines? LOL. Ok, ok ... be serious, out of 10, the failure rate so far for those in KLSE is 80%. That is the statistic I gathered. Dont know how true it is tho. Lets put it this way ... high failure rate.

Imagine we are doing a NEW business ... we dont hv much experience, we need capital and leanr the trades, right? Hence, we will start SMALL and take less risk. Like I gave you the example, we should be buying MAS rather than AirAsia. We should READ more investment books and see how it can be applied. We all heard of Warren Buffett, but most of us couldnt adopt his ways of investing, right? We dont even have his characters. We are all different!!

Risk appetite - lowering our risk will need experience(and lots of patience). I do lose money whenever I realise I took too high a risk, without much thoughts into it + lack of patience. As we all have different risk appetite, we may want different ways of trading/investment.

Venue - KLCC : Kinokuniya BookStore

3.30 pm : KLCI down by 4 points but HSI up 200+ points again. Qinfa slides a little but CWP surging to 0.92-094 level, with buying interests after lunch. I m tired as I travelled by commuter from Kepong to Subang, then bus and walking ... bus-commuter-LRT.

Will stay here to enjoy the books before head for a drink. No trading when I m on the move ... welcoming XDL to our KLSE.

While I m seeing LCL and AirAsia retracing, do look into Petra!! It is at 2.20 level. Wow... what is going on? Selling vessels again?

4.30 pm : CWP closed higher at 0.95, up 8% today and managed to break 0.90 resistance. So, I m seeing to SELL at 1.05 level. As for CPNE, it went up 13% today. Green-stocks in rally with solar doing well too.

SPSetia : Closed at 2.75, it is technically over-sold with RSI going below 30. As for its baby, it closed at 0.52 now. I will accumulate more at 0.50 or below. Now, my friend, SL sms-ed me and said she bought into SPSetia!! Errr ... all the best, my friend. Ok ... currently, many property counters(and construction stocks too) are in correction mode, thanks to the announcement during the budget. GOV get greedy too ... and wanting a piece of the cake. Well, perhaps it could really deter property speculators from goreng the property sector too much.

If SPSetia could not sustain this reistance level, we might see the next floor at 3.30. Oh boy, if SPSetia(wb) straight going below 0.50, it is asking me to BUY. Yes, I admit that I like waterfalls ... and potentially catching a knife? I m still faithful with SPSetia.

Petra : I sold Petra at 2.70 last month, when I bought it at 2.50 level last Aug when I was in KL. I m a SELLER, as I bought many whenever prices depressed. Today, Petra closed at 2.15(intraday low at 2.11) with RSI at 18. WOW ... sell-down with huge volume. I hv not checked its details and also its news. What is going-on? Mind you, a stock(good one) doesnt move up or down drastically WITHOUT any reasons. Investigating its reason is my home-work. So, I m putting it in my HIGH ALERT list.

Petra : Director is selling off his shares? Something fishy ... will check.

BJToto-cd closed at 0.085, its lowest point so far. BUY at 0.08.

LionInd at 1.36, almost reaching my buying point(entry) at 1.35. I shall wait and see ... and might grab some tmr if it goes below 1.33?

ALERT : Petra, LCL, SPSetia(wb), AirAsia, TWSCorp

TEH