DOW down a little again and A123 closed at 10.40. I shall wait for 7.50, not going to cut it this time.
8.50 am : I will be very busy with classes today, replacing some of my colleagues as they are going to Penang and Kuching today. I chosen Taman Negara. Next week, another batch will be going to Bali. These are annual staff-trips.
So, I couldnt monitor till 3pm, not even time for lunch!! 9 am till 3 am non-stop.
10.30 am : KurAsia cleared at 0.525. Cleared half of BJCorp at 1.10 done. Clearing Efficient at 0.215 not done yet. JCY at 1.31(touched 1.29). TopGlove is flat.
10.45 am : Cleared all my Efficient at 0.210 and queue to buyback at 0.200.
So, I have cleared KurAsia and Efficient for small profits. Also, will clear my remaining BJCorp later. Focusing on JCY and TopGlove.
12.50 pm : Malton and Bolton moving up 10% today. What do they have in common? well ... the last four letters are the same XX-LTON. So, look for another stock ending with LTON and they might rally? Haha ... I m joking, of coz. Both are property stocks and currently there is a party for some property stocks since IVORY listed. E&O is the obvious one, today in profit-taking mode. So ... MKLand moving, LandMark moving ... see? Hmm ... Samgoss said YNHProp, and he could be right as there is a property-rally. Move with the sector??
Tanco?? What is that? never mind... it is CHEAP, and easy-money for syndicates. So, when property-stocks rallying, Tanco is chosen for a PUNT. Surely I prefer YNHProp than Tanco tho it wont give me the 10% in one day!!
How about L&G which moved yesterday? Or KHSB now? These are for PUNTERS, not investors, ok? Never forget our Equine, the goreng counter of KLSE's property-stock. Tebrau, Keladi .... goreng-goreng ...
Let me take my fav for property-rally. Low risk will be IJMLand and higher risk will be E&O. There you are .... BUY BUY BUY. I m looking at IJMLand-wa, E&O and Magna now
3.25 pm : So, JCY going down .... at what level will it reverse? Hmm ... ever recover? while I m still comfortable to hold and buy further I will not buy till it reverse? Using TA for that?
BJCorp is a terrible goreng stock that I WONT be comfortable to hold. Cleared others at 1.06.
4.00 pm : KLCI losing 3 points. Axiata down ... good, as it moved strongly yesterday.
LionInd : Moving up 3 cents today. I m trying to interpret the chart and decide if it is time to grab back some?
Catching 'good' waterfalls - I m doing it my way.
I have cleared many 'punts' today, to reserve some bullets now to shoot JCY. It is at 1.27 now. Also to top-up my TopGlove at 6.50. Yes, I m averaging down, buying into oversold stocks. I m more comfortable with my 'old' methods tho it is slower in seeing results. For the past 2 months, too many short trades and I m losing ground and losing my mind ... no good.
4.30 pm : JCY at 1.25. WOW ... oversold is a BUY? I checked for 'news' .... no news for JCY?/ Then, why DIVING down steeply? Wait before top up ...
JCY : I will write more about her. It is a nice waterfall and those bought into it are catching a knife now.
E&O and P&O are rallying. Guess what? D&O moved up 3%. See?? Malton up0, Bolton up. Fine. What E&O, P&O and D&O got in common?? Can we see the relation? YES ... X&O. Homework, look if there is another X&O code trading in KLSE? BUY on Monday if it not move yet. Yeah!! See how kopi-tiam uncles punt into a stock?
Jason Derulo - In My Head
Yes, everything is in my head. Too cramped. Too congested. Too wired. Haha.