Initial trading capital $5,000 SGD

CAPITAL FIGURE UPDATED : $7,405 SGD

Friday, May 24, 2013

We cut JB Food and hiaptong due to bad market sentiment


Tuesday, May 21, 2013

JB FOOD AND HIAP TONG



Monday, May 13, 2013

We have cut Plastoform at $0.04(loss $620) and sold Geo Energy at $0.44(profit $710)





We have exited our positions based on weak  and bearish market sentiment, and foresee a significant correction in near term .

Friday, May 10, 2013

SOLD JB FOOD AT .485 (profit $1872)

After buying JB food at .455 we have since profited and sold at .485
We have profited S$1872
Our capital have since increase to S$7315!!

Thursday, May 9, 2013

Charting School's Market Review on 9th May and vested interest in GEO Energy

STI trading above 3400 is a sign of bullish sentiment. It seems that investors and traders are ignoring the famous statement " Sell in May and go away ". Charting School foresee next week will have a correction and suggest to book profit by the end of this week. However we spotted Geo Energy is bottoming and detected some strong acculumation between 42.5cts-43cts, we are aiming for a technical rebound in near term. 




Tonight important news :  US going to release Initial Jobless Claim figure at 8.30pm. This data is a measure of strength in labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy.

Tuesday, May 7, 2013

JB FOOD

We bought jb food at .455 as we are anticipating a break out coming
Our tgt will be .5 and .53

PLASTOFORM



We brought Plastoform at 4.1cts knowing it has bottomed. We plan to sell at 4.4cts.