FKLI SPOTMONTH

KISS

Since it is quite difficult to find good stocks at this time and one of the traits of a good trader is knowing when to stay out of the market, I feel time is better spent on finding ways to simplify and improve the systems and strategies. N

ot all charts are created equal and the system and strategies work better on some counters than on others and certain counters should not be traded at all. Incidentally the higher priced stocks seem to perform better maybe because they are not so easily subjected to manipulation.

 

 WORK-IN-PROGRESS – FURTHER FINE-TUNING REQUIRED.

 

 

THE PERFECT SPECULATOR

The perfect speculator must know when to get in; 

more important he must know when to stay out; 

and most important he must know when to get out once he’s in.

PANTECH

PANTECH - After the two days pullback from its big gain on 19th, Pantech could be resuming its uptrend.

Wednesday, 7 Nov 2012
5:16PM	DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
5:13PM	GL MANAGEMENT AGENCY SDN BHD (1,300,000 Shares Disposed)
5:12PM	DATIN LEE SOCK KEE (1,300,000 Shares Disposed)
5:12PM	DATO' GOH TEOH KEAN (1,300,000 Shares Disposed)
5:12PM	DATO' GOH TEOH KEAN (1,300,000 Shares Disposed)

MBSB

P&F Box Size

Searching for the appropriate box size for my P&F charts.

PERISAI

MAXIS

I may be posting less often here and more often in my "Trend Followers Trading Group" page in my FaceBook account. Please go there and "Like" my page.

KLCI

 

Possible rebound for KLCI next week.

HAPSENG

INCORPORATING POINT & FIGURE STUDY INTO CANDLESTICK CHART

INITIAL STUDIES SHOW IT IS A GOOD IDEA TO INCORPORATE POINT & FIGURE STUDIES INTO THE NORMAL CHARTS.

KLCI PROBABLE SUPPORTS updated 051112

 

Medium Term System

This is just an academic exercise as you cannot trade the KLCI. You can only trade the FKLI.

A LOOK AT EXPLORATION OF 1ST NOVEMBER 2012

The exploration on 1st November threw up 17 counters. Of the 17 counters, 7 were winners, 9 losers and 1 unchanged.

The 7 winners had a total gain of 0.365 while the 9 losers had a total loss of 0.33 resulting in a net gain of 0.035

An analysis of the 17 counters resulted in 5 prospects namely SKPETRO, PARKSON, EASTLND, SMRTECH AND WCT.  Out of the 5, three were gainers (SKPETRO (+0.10), PARKSON (+0.10) AND EASTLND (+0.065) with 2 losers (SMRTECH (-0.015) and WCT (-0.03) resulting in a gain of 0.22

On a day the KLCI lost 19.56 points with 322 gainers and  398 decliners, the performance of the exploration and especially the 5 selected stocks can be considered not bad. 

For a look at the 5 charts, please refer to the previous post.

STOCKWATCH UPDATED 2nd NOV 2012