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
Thursday, November 30, 2006
Highest Form of Victory
Wednesday, November 29, 2006
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