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