Saturday, June 21, 2008
JITTERY MARKET... :)
If you noticed on charts of SSE composite index that volume declined during this week which means that stocks are moving up on lower volume compared to during strong sell off. I think buyers are not coming strongly into market yet. 2,700-2,750 support point might break anytime soon. A lot of big boys are waiting for markets to drop further. At least this what I feel.
There are many cheap counters around. VALUE INVESTING??? :)
Let's discuss on what we need to consider in this kinda situation.
HUAT HUAT HUAT HUAT ARH!!!!!!!!!
There are many cheap counters around. VALUE INVESTING??? :)
Let's discuss on what we need to consider in this kinda situation.
HUAT HUAT HUAT HUAT ARH!!!!!!!!!
Wednesday, June 18, 2008
ANOThER CORPORATE LESSON :)
A sales rep, an administration clerk, and their manager are walking to lunch when they find an antique oil lamp. They rub it and a Genie comes out. The Genie says, "I normally grant three wishes, but as there are three of you, I'll give each of you just one wish."
"Me first! Me first!" says the admin clerk. "I want to be in the Bahamas, driving a speedboat, without a care in the world." Poof! She's gone.
"Me next! Me next!" says the sales rep. "I want to be in Hawaii, relaxing on the beach with my personal masseuse, an endless supply of Pina Coladas and the love of my life by my side." Poof! He's gone.
"OK, you're up," the Genie says to the manager. The manager says, "I want those two back in the office afterlunch."
Moral of the story: Always let your boss have the first say.
"Me first! Me first!" says the admin clerk. "I want to be in the Bahamas, driving a speedboat, without a care in the world." Poof! She's gone.
"Me next! Me next!" says the sales rep. "I want to be in Hawaii, relaxing on the beach with my personal masseuse, an endless supply of Pina Coladas and the love of my life by my side." Poof! He's gone.
"OK, you're up," the Genie says to the manager. The manager says, "I want those two back in the office afterlunch."
Moral of the story: Always let your boss have the first say.
SSE .. REBOUND LIAO!!!!!!!!!!!!!
Finally, SSE index hit the bottom this morning 2,730 and it rebound strongly to close at 2,870 half day.
Wow amazing right..... what can we expect from now???? .. I believe all china counters listed in SGX will rebound as well..... You will hardly see china counters in negative territory for today...
Let's see...
Ferrochina ($1.36, +8%)
JES ($0.35, +4.5%)
Oceanus ($0.42, +6.3%)
Sunvic ($0.375, +5.6%)
Synear ($0.505, +9.8%)
The most important thing that we need to take note is the volume done today. If the volume is good, it will be the sign of reversal.
I got some problem with posting the chart here, hopefully I can post the chart tonight for all major indices.
HUAT HUAT HUAT ARH!!!!!!!!!!!!
Wow amazing right..... what can we expect from now???? .. I believe all china counters listed in SGX will rebound as well..... You will hardly see china counters in negative territory for today...
Let's see...
Ferrochina ($1.36, +8%)
JES ($0.35, +4.5%)
Oceanus ($0.42, +6.3%)
Sunvic ($0.375, +5.6%)
Synear ($0.505, +9.8%)
The most important thing that we need to take note is the volume done today. If the volume is good, it will be the sign of reversal.
I got some problem with posting the chart here, hopefully I can post the chart tonight for all major indices.
HUAT HUAT HUAT ARH!!!!!!!!!!!!
SSE COMPOSITE INDEX ALMOST HIT MAJOR SUPPORT AREA (CLOSED 2,794.75)
As I expected in my last post, they are now in direction to important support areas. I believe once it hits 2,700-2,750 SSE will rebound strongly. It could be just a technical rebound though. We shall see whether this rebound followed by high volume as well.
SB recommendation: sunvic, sinotel & changtian. For commodity counter, first resources is worth speculating too.
HUAT ARH!!!!!!!!!!
SB recommendation: sunvic, sinotel & changtian. For commodity counter, first resources is worth speculating too.
HUAT ARH!!!!!!!!!!
KISS ~ KEEP IT SIMPLE STUPID :P
CASE 1: When NASA began the launch of astronauts into space, they found out that the pens wouldn't work at zero gravity (ink won't flow down to the writing surface). To solve this problem, it took them one decade and $12 million. They developed a pen that worked at zero gravity, upside down, underwater,in practically any surface including crystal and in a temperature range from below freezing to over 300 degrees C.
And what did the Russians do...?? They used a pencil.
CASE 2: One of the most memorable case studies on Japanese management was the case of the empty soapbox, which happened in one of Japan 's biggest cosmetics companies. The company received a complaint that a consumer had bought a soapbox that was empty. Immediately the authorities isolated the problem to the assembly line, which transported all the packaged boxes of soap to the delivery department. For some reason, one soapbox went through the assembly line empty.
Management asked its engineers to solve the problem. The engineers worked hard to devise an X-ray machine with high-resolution monitors manned by two people to watch all the soap boxes that passed through the line to make sure they were not empty. No doubt, they worked hard and they worked fast but they spent a huge amount to do so. But when a rank-and-file employee in a small company was posed with the same problem, he did not get into complications of X-rays, etc., but instead came out with another solution. He bought a strong industrial electric fan and pointed it at the assembly line. He switched the fan on, and as each soapbox passed the fan, it simply blew the empty boxes out of the line.
Moral Of The Story: Always look for simple solutions. Focus on solutions not on problems
HUAT HUAT HUAT ARH!!!!!!!!!!!!
And what did the Russians do...?? They used a pencil.
CASE 2: One of the most memorable case studies on Japanese management was the case of the empty soapbox, which happened in one of Japan 's biggest cosmetics companies. The company received a complaint that a consumer had bought a soapbox that was empty. Immediately the authorities isolated the problem to the assembly line, which transported all the packaged boxes of soap to the delivery department. For some reason, one soapbox went through the assembly line empty.
Management asked its engineers to solve the problem. The engineers worked hard to devise an X-ray machine with high-resolution monitors manned by two people to watch all the soap boxes that passed through the line to make sure they were not empty. No doubt, they worked hard and they worked fast but they spent a huge amount to do so. But when a rank-and-file employee in a small company was posed with the same problem, he did not get into complications of X-rays, etc., but instead came out with another solution. He bought a strong industrial electric fan and pointed it at the assembly line. He switched the fan on, and as each soapbox passed the fan, it simply blew the empty boxes out of the line.
Moral Of The Story: Always look for simple solutions. Focus on solutions not on problems
HUAT HUAT HUAT ARH!!!!!!!!!!!!
CORPORATE LESSON :)
A priest offered a lift to a nun. She got in and crossed her legs, forcing her habit apart to reveal a shapely leg. The priest nearly had an accident. After controlling the car, he stealthily slid his hand onto her thigh. The nun said, "Father, remember Psalm 129?"
The priest removed his hand.But, changing gears, he let his hand slide up her thigh again. The nun once again said, "Father, please remember Psalm 129!" The priest apologized. "Sorry sister but the flesh is weak."Arriving at the convent, the nun went on her way. On his arrival at the church, the priest rushed to look up Psalm 129. It said, "Go forth and seek further up, you will find glory."
Moral of the story: If you are not well informed in your job, you might miss a great opportunity.
The priest removed his hand.But, changing gears, he let his hand slide up her thigh again. The nun once again said, "Father, please remember Psalm 129!" The priest apologized. "Sorry sister but the flesh is weak."Arriving at the convent, the nun went on her way. On his arrival at the church, the priest rushed to look up Psalm 129. It said, "Go forth and seek further up, you will find glory."
Moral of the story: If you are not well informed in your job, you might miss a great opportunity.
Monday, June 16, 2008
SSE INDEX IS GETTING CLOSER TO 2,750 MARK
Interesting day.... even though Dow managed to rally on Friday, but there was no impact at all on SSE index.
The BIG question is whether the downtrend for SSE already hit the bottom. I believe SSE still has some space to go down and we might see SSE to hit 2,700-2,750 within this week and from there we can start to look a brighter day if it can rebound from with a significant volume.
DISCIPLINE is one of the key ingridient of success.
HUAT HUAT HUAT !!!!!!!!!!!!
The BIG question is whether the downtrend for SSE already hit the bottom. I believe SSE still has some space to go down and we might see SSE to hit 2,700-2,750 within this week and from there we can start to look a brighter day if it can rebound from with a significant volume.
DISCIPLINE is one of the key ingridient of success.
HUAT HUAT HUAT !!!!!!!!!!!!
SSE COMPOSITE INDEX APPROACHING MAJOR SUPPORT
Wow... it was crazy week for the past two weeks.... most of the China counters heading south...Is it the signal for us to be more bearish on China???
Finally SSE broke 3,000 supports last week and started the second leg of downtrend move. Now they are heading to important support area (2,700-2,750). So, we expect to see more selling will continue till SSE come near 2,750 mark.
REMEMBER, Quick reversal can happen anytime once SSE touch the major support..
Huat huat huat huat arh........!!!!!!!!!!!!!!!!!!!
Finally SSE broke 3,000 supports last week and started the second leg of downtrend move. Now they are heading to important support area (2,700-2,750). So, we expect to see more selling will continue till SSE come near 2,750 mark.
REMEMBER, Quick reversal can happen anytime once SSE touch the major support..
Huat huat huat huat arh........!!!!!!!!!!!!!!!!!!!
Sunday, June 15, 2008
NEVER SaY DiE ATtITuDE~ DETERMINATION
In 1883, a creative engineer named John Roebling was inspired by an idea to build a spectacular bridge connecting New York with the Long Island. However bridge building experts throughout the world thought that this was an impossible feat and told Roebling to forget the idea. It just could not be done. It was not practical. It had never been done before.
Roebling could not ignore the vision he had in his mind of this bridge. He thought about it all the time and he knew deep in his heart that it could be done. He just had to share the dream with someone else. After much discussion and persuasion he managed to convince his son Washington, an up and coming engineer, that the bridge in fact could be built.
Working together for the first time, the father and son developed concepts of how it could be accomplished and how the obstacles could be overcome. With great excitement and inspiration, and the headiness of a wild challenge before them, they hired their crew and began to build their dream bridge.
The project started well, but when it was only a few months underway a tragic accident on the site took the life of John Roebling. Washington was injured and left with a certain amount of brain damage, which resulted in him not being able to walk or talk or even move.
"We told them so."
"Crazy men and their crazy dreams."
"It`s foolish to chase wild visions."
Everyone had a negative comment to make and felt that the project should be scrapped since the Roeblings were the only ones who knew how the bridge could be built. In spite of his handicap Washington was never discouraged and still had a burning desire to complete the bridge and his mind was still as sharp as ever.
He tried to inspire and pass on his enthusiasm to some of his friends, but they were too daunted by the task. As he lay on his bed in his hospital room, with the sunlight streaming through the windows, a gentle breeze blew the flimsy white curtains apart and he was able to see the sky and the tops of the trees outside for just a moment.
It seemed that there was a message for him not to give up. Suddenly an idea hit him. All he could do was move one finger and he decided to make the best use of it. By moving this, he slowly developed a code of communication with his wife.
He touched his wife's arm with that finger, indicating to her that he wanted her to call the engineers again. Then he used the same method of tapping her arm to tell the engineers what to do. It seemed foolish but the project was under way again.
For 13 years Washington tapped out his instructions with his finger on his wife's arm, until the bridge was finally completed. Today the spectacular Brooklyn Bridge stands in all its glory as a tribute to the triumph of one man's indomitable spirit and his determination not to be defeated by circumstances. It is also a tribute to the engineers and their team work, and to their faith in a man who was considered mad by half the world. It stands too as a tangible monument to the love and devotion of his wife who for 13 long years patiently decoded the messages of her husband and told the engineers what to do.
Perhaps this is one of the best examples of a never-say-die attitude that overcomes a terrible physical handicap and achieves an impossible goal.
Often when we face obstacles in our day-to-day life, our hurdles seem very small in comparison to what many others have to face. The Brooklyn Bridge shows us that dreams that seem impossible can be realised with determination and persistence, no matter what the odds are.
Roebling could not ignore the vision he had in his mind of this bridge. He thought about it all the time and he knew deep in his heart that it could be done. He just had to share the dream with someone else. After much discussion and persuasion he managed to convince his son Washington, an up and coming engineer, that the bridge in fact could be built.
Working together for the first time, the father and son developed concepts of how it could be accomplished and how the obstacles could be overcome. With great excitement and inspiration, and the headiness of a wild challenge before them, they hired their crew and began to build their dream bridge.
The project started well, but when it was only a few months underway a tragic accident on the site took the life of John Roebling. Washington was injured and left with a certain amount of brain damage, which resulted in him not being able to walk or talk or even move.
"We told them so."
"Crazy men and their crazy dreams."
"It`s foolish to chase wild visions."
Everyone had a negative comment to make and felt that the project should be scrapped since the Roeblings were the only ones who knew how the bridge could be built. In spite of his handicap Washington was never discouraged and still had a burning desire to complete the bridge and his mind was still as sharp as ever.
He tried to inspire and pass on his enthusiasm to some of his friends, but they were too daunted by the task. As he lay on his bed in his hospital room, with the sunlight streaming through the windows, a gentle breeze blew the flimsy white curtains apart and he was able to see the sky and the tops of the trees outside for just a moment.
It seemed that there was a message for him not to give up. Suddenly an idea hit him. All he could do was move one finger and he decided to make the best use of it. By moving this, he slowly developed a code of communication with his wife.
He touched his wife's arm with that finger, indicating to her that he wanted her to call the engineers again. Then he used the same method of tapping her arm to tell the engineers what to do. It seemed foolish but the project was under way again.
For 13 years Washington tapped out his instructions with his finger on his wife's arm, until the bridge was finally completed. Today the spectacular Brooklyn Bridge stands in all its glory as a tribute to the triumph of one man's indomitable spirit and his determination not to be defeated by circumstances. It is also a tribute to the engineers and their team work, and to their faith in a man who was considered mad by half the world. It stands too as a tangible monument to the love and devotion of his wife who for 13 long years patiently decoded the messages of her husband and told the engineers what to do.
Perhaps this is one of the best examples of a never-say-die attitude that overcomes a terrible physical handicap and achieves an impossible goal.
Often when we face obstacles in our day-to-day life, our hurdles seem very small in comparison to what many others have to face. The Brooklyn Bridge shows us that dreams that seem impossible can be realised with determination and persistence, no matter what the odds are.
US KEY ECONOMIC DATA DUE THIS WEEK
Tuesday, 17 June 2008
-Producer Price Index (Y-O-Y, May)
-Industrial production (May)
Wednesday, 18 June 2008
-ABC Consumer Confidence
-MBA Mortgage Application
-Producer Price Index (Y-O-Y, May)
-Industrial production (May)
Wednesday, 18 June 2008
-ABC Consumer Confidence
-MBA Mortgage Application
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