Highest Form of Victory

Mastering others is strength. Mastering yourself, makes you fearless. I remember an old Beer advertisement by 'little moustache' Lin, saying in the line of whether you would change yourself to suit the environment, or change the environment to suit yourself. I would like to believe that mastering oneself is a higher form than mastering others. True, lasting joy and happiness comes from within ourselves. Those joy and pleasures that we derives from the external world can ultimately brings about its opposite, pain.
Which brings us to the saying mentioned by Sun Zi; the highest form of victory comes from not sacrificing a single life to yield the enemy, as oppose to total annihilation. To be able to embrace, accept and indirectly yield the enemy is the greatest art of all. Afterall, there is but only one people under the same sun.


Pacific Century ~ Little Superman's baby. supp .39 , res .435

Cut and Run

Yes, cut and run, thats probably one tactic that would ensure one's survival in the wild jungle of stock market. Like i mentioned before, buying is easy, the difficult part is in the selling. Master the selling skills well, ensure losses kept at a minimum, ride on the profits and thats half of the battle won. There is however some ambiguity on when to cut. Generally 3 ways, first method is to cut on supp broken, second is to cut on certain preset percentage of losses relative to your capital to bear b4 cutting and lastly percentage of fall in prices relative to the current stock price. Although different situations would dictate which method u would choose, u may want to get comfortable with one method with which to depend on to protect your chips, your capital, in the casino..




NOL ~ Seapower! supp 1.98, target res 2.34






Semb Kimtrans ~ Logistic power! supp .59, target res .65






China Kangda ~ rock bottom, supp .50 , target res .56

Not This Day

"I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I will turn the inner eye to see its path. Where the fear has gone there will be nothing. Only I will remain."
--- Frank Herbert, Dune - Bene Gesserit Litany Against Fear

StraitsAsia ~ Ascending triangle, breakout lvl .695 gives target res of .79

Bush Truest Moments

US President Bush is often at the blunt of many jokes on his speech deficiency, funny antics and stuff. However personally i find him a person who is true to the moment when he is in the public. He gives me a feeling that he does not try hard to put on a mask or hide his feelings when speaking. Well, maybe not so good a quality for a President but the americans voted for him, so too bad, Americans, you have to live with it. The media in america have no qualms making jokes out of the president which in Singapore is a strict no-no. Good thing, bad thing? U decide.


Enviro-Hub ~ Uptrend still in tact, supp at .55/.525

This Is Freedom

At the end of every ICT (Reservist In-camp Training), we were given a questionaire, a sort of feedback from the Nsmen to the top officials. I remember several of the questions are asking us, in the line of whether we would die fighting to defend Singapore. This is met with cynical remarks from many NSmen. Some say they would be the first to run should a war descend upon Singapore while others say given a choice they would find the safest spot should there be no choice but to participate in the war. Yes, hardly encouraging isnt it? Of course i believe should that day comes, many would still fight to defend, well maybe not in the frame of mind of the country but definitely for their families.
Actually, we can see a subtle difference in the mentality between us and the westerners. An American General Patton during WWII once commented that he did not want his soldiers to die for his country, he wants them to let the bastard enemies die for their country instead. We may laugh at this seemingly tongue-in-cheek statement but it actually reflects our attitude towards life. Proactive vs Reactive. Think about it..


Celestial ~ 2 white soldiers, 3rd one coming? supp 1.52, res 1.68/1.79





FerroChina ~ failure to break .835 on next session could see a flag formation with supp at .76. A breakout of .835 would meet res at .90




China Paper ~ superbull, breakout of .335 gives a target of .355, supp at .305





Starhub ~ won exclusive epl rights for 3 seasons. supp 2.10, target res at 2.23/2.30

Wanna Break Free

Last year this month, analysts forecasted 2006's STi target to reach 2600s. Fast fwd to now, we have not just break free of 2600, we are attempting to touch 2900, almost unthinkable a year ago or even 2 years ago, with all the global issues of birdflu, soaring oil prices, north korea hanky panky, China's overheating economy and so on. All we need is a good reason for the naysayers to predict STi to sink back to 2200 and some say 2000. I always marvel at their wonderful 'PREDICTION' with their WAVE analysis. Yes i am no fan of wave analysis, which contradicts its purpose in the first place. Why would one use a wave analysis when one could simply adjust a particular wave to be invalid to suit his initial overall PREDICTION. Yup, i hate to predict not bec i am chicken but i think it is very IRREPONSIBLE to predict and i cannot stress enough that prediction would do us no good. What we need is an objective view of the CURRENT situation of a stock to gauge the likely outcome when we have reached a particular point in the future. Nope, this is not prediction. This is objective analysis.

Well, to the naysayers, history would tell a much different tale. And it is very important to recall what has been said and happened in the past, in order for us to make a reference on for our decisions. This happens to be the essence of Technical Analysis as well.
On a side note, one wonders the accomplishment of Adolf Hitler has he been living in our time. His charismatic personality would have been able to contribute immensely for a good cause in the U.N. or something .. No?

China Print Dye ~ reversal time, supp .225, res target .285








Pine Agri ~ bean power! supp .545, res target .585






ChipEngSeng ~ construction time? supp .33, res target .36

What is Freedom

They say you won't know what it is til you have lost it. True, infact it applies to every little thing that we take for granted. Non-polluted air, clean water, great sanitary conditions are but just a few examples. The question really is, can we make the best of our present conditions to succeed in the stock market, which not many ever had the chance like us do in this time and age. This is truely the Golden Age of Internet trading and we, are the pioneers..



Semb Kimtrans ~ superbull, supp .555, target .625







Jiutian ~ retest the skies, supp .865, res .96






Ausgroup ~ rangebound, supp .47, res .51

Every Move You Make

Alan Greenspan vs Ben Bernanke, abstract vs transparency. It must be tough filling the shoes of Greenspan for Bernanke as he take over the Fed chairmanship. On Greenspan's reign, the market breathes with every word he makes. And he seems to reveil on it with seemingly incomprehensible terms and sentences.Fast forward to the present, Bernanke promises a transparent policy-making and so far has kept his promise as every interest rate increase or rate cuts are pretty much anticipated without much surprises.
Going forward, it leaves much to be seem how well Bernanke would lead the US economy towards a new year, beating inflation without seriously affecting demand and growth.



STATCP ~ 3 white soldiers bullish, supp 1.04, res 1.18/1.34






SingPost ~ the mailman delivers! supp 1.00, target 1.10






Global Voice ~ bullish price-volume, supp 0.135, res 0.165/.185

Bush in Town!

The results of the US midterm elections are out. As much as we would like to think that Asia is growing well economically and that China is going to be the economic superpower in the next decade or so, the influence that Uncle Sam has on asian economies cannot be underestimated. US economy is dependent on local consumption and as long as the americans keep up on their spending, the US govt is satisfied. Asian countries on the other hand, is majority dependent on export trades, so any factors that are going to dampen demands for asian exports is going to affect us badly. For us in Singapore, at least we have the Integrated resorts soon to spur our tourism revenues. To that, lets look forward to a vibrant economy in 2007. Cheers!

Back in Time

What if you could reach back in time? What would you do? Would you change the past? I know many would choose to buy the winning number for the coming ToTo though. Well the fact is we could not go back in time to the past, to change something which we would want done better. We could do the next best thing though; learn from the past. The heart of Technical analysis is that stock movements conform to patterns and these patterns have high probability to repeat themselves. So although we cannot be like Michael J.Fox, we sure could learn something from the past to improve our present moment..

MemoryD ~ tech power! supp .305 , target .385








Jurtech ~ aint no walk in the park, supp 1.09, target 1.21







Sembmar ~ rock bottom, supp 3.22, target 3.50






Sino-Env ~ hitting the roof, res 1.37, supp 1.18.

Greed is Good?

What do you think? They say having all the money taken off you is worst than not having that money in the first place. In this dog-eat-dog world that we have come to live in, you can find such people who lives by this motto aplenty. It is this trait that enables them to survive in this world they reasoned. Well, much like in the this movie, the greed sure has its way to bring down the greedy ones in one way or another. We do not need another real-life example in our market. The ones that surfaced has been bad enough for the investing community in general.
What do i think? Greed is bad. Do not mistake desire with greed. Greed is more than desire, it is an insatiable desire for something. It is uncontrollable. So the next time u hear someone saying 'Greed is Good' , give a light laugh, shake your head and give a pat on that fella's back.



Wilmar ~ wilmar! I'm hommeeeee! Pausing for a breather, supp 1.47/1.30







SGX ~ what goes up.. Supp 5.05/4.84/4.64






DBS ~ retracement complete, range 20.00-21.00

Crazy Or Conviction

The line between being crazy and being strongly convicted in ones' beliefs is actually very thin. A person who held strongly on his or her beliefs can often be regarded as being stubborn, infexible and even crazy.It would be like going against the crowd, being different, being special and it sure requires hell lot of faith. Probably thats why those succeeded are held as expert and are given hero status. Even those who first suggested men could one day walk on the moon are labelled as 'Luna-tic'. History would tell us otherwise.
Trading for success or living is never an easy job. It sure requires lots of faith in what you are doing. Many times we see the glorious side of successful traders, but do not see that it is a result of countless mistakes and losses in the market prior to hitting the right formula. You will need more than passion to continue in this game of winning and losing. Do you have that flame of desire in your eyes?



Sino-Env ~ Exploding reversal, supp 1.18, target 1.34






MMI ~ doji, retracement complete? supp .97 , target 1.07

Born or Made

If you ask him, he would definitely tell you, its made. Even as a teenage, Michael Jordan's favourite 'ECA' is baseball. He didnt even made it for his colleage's selection. But as history would prove, he epitomises what basketball playing is in the 90's and still is a model player for the new generations. We watch him play with exhilaration and cant help assume that this guy, has it all in him the talents to be a nba superstar.
Well, in actual fact, michael jordan admits that it is his hardwork and not innate talent that helps his developments. In practice sessions, he would always be the last one to remain the the court practising, doing all the routines and shots more than any of his teammate does. He believes that practice does make perfect. When he started playing basketball, he regards so highly his elder brother's skill in playing that he chose the number 23 as his jersey number because he reckons that his skills is only be half of his brother's. When he returns from his early retirement, arguably at the highest peak of his career, he chose the number 45, yup, he still thinks he is a notch below his brother's skills in playing the game.
In trading, although it may not be as clear cut as a basketball game, but the psychology behind the game is as similar as trading. The person who practised and learn the most, is the one who does best on the court. The court has becomes his or her playground. Will you practice like MJ does?



Celestial ~ time to rest, supp 1.68/1.52 , res 1.82






See Hup Seng ~ marine play, supp .185 , res .25







Inno-Pacific ~ breakout mode, supp .025 , target .065

Good or Crook

Just like in the movie, the people you think are good may not be so, while the people who are labelled as crook may not be so as well. You may trust the advice and buy/sell calls from the brokers but would they have any hidden agendas when they do so? Well, ever since history, there has been no lack of white-collar crimes in the stock markets, even from a squeaky clean Singapore. If there are so frequent such cases every now and then, one wonders how many other cases go unreported. The morale you asked? Trust your own judgement and take responsibility for your own decisions. Good luck!


BH Global ~ Hitting the ceiling, res .355 supp .33






Koh Bros ~ doji, wait for confirmation of reversal if .165 taken out, next supp .13





Sembmarine ~ From down under, supp 3.20 double bottom? Target 3.44

Your Pain Body

Most of us regard our thinking as being ourselves, our consciousness, our identity. Have you ever noticed someone or even yourself muttering out things as your mind playback some events in the past like a recorder. We get angry, ashamed, guilty or happy as our mind play back the scenes. Next time you find yourself reacting to your own thinking again, try to be aware of what your mind is showing you. Be aware of your thinking. You would find that your mind would enter a short phase of non-thinking when u begin to be aware of what you are thinking. It is this moment that you get in touch with your consciousness where your mind is the clearest and most perceptive. Do you remember how you feel when you saw a beautiful sunrise or sunset? Then something, some problems you have to solve pops up in your mind again and the magic is gone. That brief but beautiful moment is the closest you would get to your own consciousness. So next time, don't let your mind play tricks on you or your trading again. :)



Bio-Treat ~ dragonfly, wait for confirmation of reversal candlestick. Target .68





Ausgroup ~ Breakout resistance .515 , supp .465






DBS ~ Reversal? Target 21.20

Change of Role

A bully becomes the bullied, the bullied becomes the bully. In trading, a buyer has to become a seller in time while a short-seller has to become a buyer in time as well. Buying is easy, the difficult part is the selling. As in real life, it takes efforts to sell an item whereas a buyer do not exert much effort. Hence, knowing when and what to buy is only half the balance. The other half is learning when and what to sell. The secret lies in the 'balance'.


Enviro-hub ~ 2 white soldiers, a possible 3rd joining? Supp .42






Jiutian ~ Flying towards the nine skies. Super uptrend, supp .90

Synear ~ De ja Vu. Towards 1.29.

Be Like Water

Many of us would probably remember Bruce Lee as a martial art expert with lightning- fast kicks. Bruce however, graduated with a degree in philosophy during his time in the US, and would often infuse his own style of philosophy into his martial arts. The legacy he left behind in his own style of philosophy is as profound as his self-style formless and most efficient approach towards martial arts. So my friend, be like water. In life and in trading.



SembMar ~ Submarine rising, breakout level 3.50, target 3.56.




ST Engg ~ Powered up, 3.00 breakout level, target 3.12





AscendasReit ~ Ascending mode, breakout level 2.23, supp 2.14