CYBERT AND IJMPLNT

UMW

ENTERING A LONG TRADE NOW IS LIKE JUMPING ONTO A MOVING TRAIN.  YOU HAVE TO BE SURE OF YOUR FOOTING OTHERWISE YOU WILL BE KILLED; THEN AGAIN, THOSE WHO DARE, WIN? OR IS IT FOOLS RUSH IN WHERE ANGELS FEAR TO TREAD? SETTING A TIGHT STOP LOSS IS IMPORTANT OR WAIT FOR RETRACEMENT BEFORE ENTERING SO THAT THE STOP LOSS IS MINIMIZED.

GUESS ALEXANDER ELDER WAS RIGHT WHEN HE SAID THAT WE CANNOT WAIT FOR A PULL BACK WHEN THE TREND IS STRONG.  NO RISK, NO GAIN? 

OLDTOWN

STOCKWATCH 030712

CANONE TSH

Yesterday had to decide whether to buy Canone or TSH.  Canone was strongly bullish but TSH was just getting bullish.  Thinking that TSH will have a longer up move since it was just getting bullish, bought TSH.  Just my bad luck.  Look what happened to Canone today, gained 50 sen. Must pray to the God of Wealth so that I can have better luck next time.

Next time must not neglect studying panel three.

UEMLAND

STOCKWATCH UPDATED 020712