Best Wishes

another year goes by , 2008 has been an incredible year ... over at US side , who would have think that famous name like Merill Lynch , Goldman saches and Lehman Brother all went down one after another , AIG and Citigroup would have follow suit if not because of the bailout ... these are events beyond my wildest imagination . But crisis mean opportunities .. without crisis , one would not have chance to load blue chip at bargain price ... the wonderful thing about stock market is .. it never die .. no matter how hard you hit it .. it will always recover and rise even stronger .

coming 2009 will mark a new milestone for me as my eldest son is going to Primary 1 ( this friday in fact) ... seem like yesterday when we carry him at our arm and feeding him milk .. hahaha ... i often heard people say " how time fly " ... well INDEED

would like to wish all my blog visitors , a very prosperous new year ahead .. wish you good health , good luck .

EZRA

recent retreat come with thin volume , look for potential breakup of the top blue line , watch the volume ... watch closely

小娘惹

i didnt watch this drama but my parents , brother & his wife , sister ... everyone is watching this ... hahaha ... this drama has the highest viewership since that 雾锁南洋 time ... but when my whole family are watching .. is not difficult to understand why also .. :-)

Boxing Day soccer matches !!!

Over at england , is a tradition for EPL matches to be held today, the players got no holiday during these period .. but when you consider the amount of money they earn ... it doesnt matter to them anyway :-)) holiday can come later .. so tonite we will have some great matches coming up .. can my club , Arsenal beat Aston Villa ? If we cant , then is time Mr Wenger need to be BOXED !!!!!!

STI Index

STI index could bounce up from current level to retest 1800 again .. Watch closely

Pump prices down again !!!

yesterday drop another 3c , an interesting point to note is , Shell is almost always the first one to take the lead for the cut .. only then others will follow , which including our very own local firm , SPC !!! Question is WHY ? Why SPC as a local firm(govt own) dont take the lead to cut first and cut more to make our life easier , than wait out and blindly follow Shell ??? Food for thought :-))

Capital Land - Update

my last update mentioned watch capital land at 290 for potential breakup , indeed it break up from this level and proceed to touch 327 ... however the price has come down again , with resistance turn support at 290 ...

what next ? watch for possible base building around 290 (10MA)

Merry Christmas

This big christmas tree was taken at vivo city ... would like to wish everyone Merry Christmas and a very prosperous New Year :-))

OIL

just back in July , Oil was trading at 145 , all time high ...

today , just 5 months later , oil trade at around 35 !!!!!!

what goes up always come down and vice versa ... ... is interesting to note that almost all things move in a cycle , repeated cycle . up down , down up .. and the cycle always repeat ...

Ausgroup - update

despite the negative news which hit AG recently , it price remain resilent .

Watch for potential breakup above 22c , all bets are off if close below 19c

So how Mr Wenger ???

" Why you dont believe me , i told you many times we dont need to buy world class players ,, my kids are very good ... they got potential .. they are world beaters .. they will come good !!!! How many times must I also tell you , winning is not everything ... i run my club till so very rich .. we dont need any bailout unlike those american companies ... what more do you want ???

Capital Land - Update

since my last update whereby i say watch 290 level , cap land proceed to test it not once but twice , but still fail to overcome it ...

use 264 as support based , another round of attack on 290 shd see it shoot pass this level... 327 is the target still .

Capital Land - Update

watch 290 level closely , i believe it could still retest 327 soon . strong support at around 254 level .

Epure

classic double bottom ??? looking very good indeed ... minimum target is 30c

Sino Tech

breaking up ? watch closely ... looking good ...

all bets are off if break down and close below 16c instead .

Market Bottoming ???

No one will know exactly when , but taking into account the following

- all major US institutions and banks that need to fail have failed and rescued
- US officially declared recession
- Oil has crashed through the roof , etc etc

and that even the worst monthly job data for the past 34 years release last friday also cant crash the DOW , i believe we are already very near the bottom ... ... for long term players , is time to do some serious shopping SLOWLY , 3-4 years down the road , you will know why :-))

HFMD

the chances of getting HFMD are high during school time as children mingle around ... but surprisingly , now is school holiday and Qi Xun got it .. :-(

Cosco

despite the cancellation of contract , Cosco is on the verge of breakup .... watch closely ...

Yanlord

recent price surge come with healthy volume , watch closely ...

SingTel

good chance to retest 263 in days ahead ?

Midas

looking good , watch 0.505 level .. all bets are off if break below 0.40

Dow - Update

Dow stage a powerful rebounce from recent low , next it could proceed to touch 9700 , key resistance .