Dow futures strong possible 12500

Dow futures nearly 12200
Will it be hitting
Hitting 12500?
I had a friend who I suspected long since 11700 index or lower already made quite a handful
I also had someone shorted at around 11800 get fried

Morning 30 mins analysis

if it hits 15 bids lower ...... 2660 ...... Most prob will be down trending .....

Pivot range

What is pivot range support resistance ?

Take K REIT rights
22 nov
Low 0.12
High 0.19
Close 0.18


Pivot price
High + low + close
= (0.019+0.012) /2
= 0.0155 round off 0.015

2nd number
High + low + close
= (0.019+0.012+0.018)/3
= 0.0163( round off 0.016 )

Difference = 0.001

So pp+diff = resistance
Pp- diff = support
0.014support ,
0.016 resistance

Lippo mall

see the lippomall ?
we buy 0.039
convert 0.31
= 0.349

now trading 0.37-0.375
per lot earn 0.02
= 20 dollars
30 lots my team ean $600

K reit rights

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_70E8F569B1BC415F4825794B0039B3FD/$file/Lodgment.and.Despatch-Final.pdf?openelement

Key information On Lippomall rights

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_371F513C419C452C48257942003F67AD/$file/LippoTrust-OISDespatch.pdf?openelement

Reversal spinng top

Spinning Top

The shorting of noble

I shorted sell 1605 noble
I cover buy at 1585 noble
20 dollars per lot
20x4 =80
brokerage 50
Profit = 30

Harami breakout

http://www.youtube.com/watch?v=WMwIHgV_FnU

noble

Only short if it weakens from 50days to 25days moving average

OCBC appeared a hangman

Awaits for confirmation of hangman

If it reaches below monday close may be a good shot to short

Ocbc,DBS,Noble,Genting,GoldenAgri,kepcorp,Capitalland Charts

Short on Shooting Star , Hangman , A hangman appear on goldenariculture

Somehow lookout for kepcorp . looking for gap down. Have to depend and keep track on Europe Summit news .

KepCorp 21/10/2011

The starting 20mins range of kepcorp is 8.86-8.93
Drawing a low opening line at 8.86

Drawing a high opening line at 8.93

Dow down by 200 points

DOW     11,439.99     -204.50     -1.76%

look for gapping stocks 

Negative divergence

Today is not the time to short yet

Dow futures up 100pts

Looking for a hammer Or inverted hammer Noble

Awaiting for an inverted inverted hammer/Hangman to reoccur . It happened on 1st sep. 9 sep . 21sep.

STI meeting 2400-2500 soon

STI Index breaking the Recent 2621

Sti has broken its recent low of 2621 today.

Prudential Unit Trusts

My bearish sentiments tells me it's better to be in Singapore cash fund and if people have PPA do redirect your funds top up to dynamic bond fund .

FED 300 Million Easing On US

Fed announcement was somehow not positive perceived by the market with its dow continuing drop in price

Trading (1)

Cut your losses small and fast . Let your profit run.
However if you need to cut your losses many times you should review your entry technique

Cutting Loss

What is a Cut Loss Level ?

Its a price that we will have to sell the stock when it falls.
For example a person bought $1100 of Singpost Stock. If he tells himself at most he is going to lose $100, he will sell when the stock falls below $1000.

Or similarly it should be a maximum percentage loss that a person is willing to give up for example person A bought genting singapore at $2000 he is willing to give up 7%.

7% of $2000  = $140

Exit level = 2000-140= $1860
He should Exit at $1860.

Look at the link Genting Price

STI Chart 9sep2011

Sti had went above the 14days moving average and near to the 25days moving average. A high internal buy up of capitaland and rise of genting, noble has lead to a rise in Sti. Will wait for a turn to short.

Genting & Noble 06/09/2011

Both Charts touches their 14 days moving average

The sign is pretty unclear technically its a call for a long, however with all the bad news on European debts, US unemployment data, and 7/9/11 dow drop by 200 pts as of now, the long position will wait first.

Noble 02/09/2011 Price To Short with Bear

Short entry at 1.55
Cut loss 1.60

Genting chart 02/09/2011 and price to short

Target price to short
1.57,1.58
Cut loss point 1.63

Rational
1. When price falls below 12 days moving average and fall below
31st August low price
2. Macd fall negative divergent
3. Stochastic blue line touches the red