Ever heard of the saying: "Buy the rumour, sell the news?". Here is an example: On 20 April, 2006 Taliwrk made a press release stating that it had sold 17 million shares to Goldman Sachs and other investors for $1.35 per share, raising $23million and increasing the public shareholding spread. On 21 April, this was [...]
Archive for June, 2006
Trading: Trading on News… Taliwrk
Published by June 19th, 2006 in and Taliworks Corporation Bhd. 0 CommentsMy portfolio, which is measured against the KLSE as of 22 May 2006 (when I put this portfolio together), has dropped by 1.72%, compared to KLSE's drop of 3.58%. This is because of the 50% I still have in cash. Without it, the equity part of my portfolio would have been down 3.34% - roughly [...]
One of the things which real hip hop brings to the table is the sound of the street (uh oh - what does this cliche mean exactly?). Moody, grinding basslines and short snatches of samples and tunes here and there repeating again and again over a moderately slow beat. For me, this represents the grimness [...]
Trading: Just like 24 (seasons 1 - 5)…
Published by June 14th, 2006 in and Investment Notes. 0 CommentsOne of the things I love about the series 24 is watching Jack Bauer and the rest of the crew get in and out of some amazing predicaments. In fact, the 24 franchise is all about that, and you can see that happening too in the 5th season to a much greater extent for the [...]
Under 'Trading Play' heading, I discuss short term market plays which I have heard through the grapevine. That does not mean that I will deploying these strategies, but is something I just want to bring up for discussion.
Now I have not been in the market long enough to be able to tell you first [...]
Many traders, including myself, are looking hard at their portfolios. What can we be doing in this uncertain market environment?
Most Important Rule: Keep your powder dry
For me, the most important thing is to make sure that you have the means to withstand a serious downturn in the market. By that I mean a stock market [...]
Before I get to the stock picks promised in my last post, I'd just like to announce that I will be injecting some additional cash into my trading pool and adding a number of stocks into my portfolio. These were not recent purchases but ones which family members have invested in on my behalf for [...]
There's a lot in the blogosphere about why things are going down and which things are going down, but not a lot on when this is all going to end. My motto is that when things get bad, they tend to get worse worse worse. That is what I call the "House of Pain". At [...]
Tomorrow I am on vacation until the following week. KLCI is still rangebound and I am not about to overtrade in this situation so I will leave my positions intact and wait for its next move.
Until then - Happy trading and risk managing!
When a share settles into a trading range, investors enter a period of relative calm. Both bulls and bears have reached equilibirum. People are generally happy with prices as they are, or they would have either bought in or sold out.
In this scenario, nobody expects much movement. In the event that there is no big [...]
