Archive for September, 2006
Trading: Astro and Genting
Published by September 11th, 2006 in Astro All Asia Networks and Genting. 0 Comments I’ve posted up research notes for Astro and Genting.
Genting’s entry into Europe is a good thing, and traditional casino operators may get a temporary boost especially with the recent crackdown on internet sites.
Astro is also growing its earnings and sales nicely. That one will be put on my watchlist soon.
Happy trading!
I’m watching with interest to see whether the index is still in Bull territory but consolidating, or it has formed a top. Since volumes are still extremely light, it’s anybody’s guess what next week will bring. One the one hand, the bulls are of the view that when traders come back from their vacations this [...]
Today the KLSE preceded the drop on the Dow. If it fails to penetrate the yearly top of 970 then it will be punished severely and 970 will turn from an expectation to an illusion.
So now would be a good time to practice what they teach you in the army. It’s called “visualisation”. This means [...]
Another note posted here on our budget, but I won’t say anything more about that because lower taxes alone do not affect my trading decisions.
However, I have been reading about how the Russell 2000 index (US equivalent of the 2nd Board) usually leads the Dow during bull and bear phases (link here if you’re interested) [...]
One of the technicals I look at before determining when to buy sell is the RSI. And I look at them for dailies, weeklies and monthlies. Now, this doesn’t work for stocks which are manipulated and it isn’t a system for picking bottoms or tops. It merely tells me whether something I am buying is [...]
