Pages

Tuesday, 4 May 2010

Stock Watch May 5, 2010

Since my computer is still in maintenance, I won't give you a lot of hints. Remember that our index is too high high now, and as I told you since several weeks ago, that our index is 'bubbling'. So, it's quite wise for us to Sell On Strength now.

Based on the wave theory that our index should be corrected since it had touched the point of 2970-2975. As I have warned people to take profit at that time, which was on Friday. Yet, now our index is moving to the wave 4, which is targeted around 2903-2910, around 1-2% down from the last index.

The indicators showed that there is a weakening in the trend that makes the 'BEAR' will come soon, the other sentiment that we must aware is the 'World Cup' event that is said to be the time to move their money to the football. Yet there's a proverb said," Buy On October, Sell On May & Go Away". This proverb is quite true.

For your information, based on Larry Williams 2010 Forecast, the peak has gone away, now we're waiting for the bottom.

As well as stocks, there will be on Sell On Strength on the counter.

Happy Investing^^
Disclaimer ON!!!

Friday, 30 April 2010

CONGRATULATION!!!

Congratulation to all traders that had followed my system & gain a lot for today, as I make some point when to stop losses & when to take profits. Ones who has followed me, must be very happy & grateful for today's trade.

Weekend must be a great time for us to have some rest, some tips I can share:
  • Have a vacation with family
  • Do sport together with family
  • Dine out with family
  • Enjoy & relax your body & mind at SPA & Fitness centre...
Have a great weekend!!! :)

Happy Investing^^

Thursday, 29 April 2010

Stock Watch Apr 30, 2010

As predicted yesterday, that today index will move higher, and tomorrow might continue with trading range between 2910-2960. It was because of the Federal Market Open Committee (FOMC) results said that they won't hike the rates at this moment, while market was in worry yesterday. Remember, at this moment we must slow down our buying action, as index is too high for now on, and it's in a 'bubbling' state.

Recommendation for this week and for next two weeks, it is better for us to do trading only rather than investing, as the World Cup season is closer, yet the foreign hot money is slowing down, or we can say that the price is now increasing but the volume is decreasing.

Stock watch for tomorrow will be still in Astra Group.

1. Astra Int'l (ASII.JK, ASII:IJ)
As today it can hardly break its resistance level at 46200, then it's time for us to realized our profit, as this stock is now can run heavily. But still, it can run a bit tomorrow, not recommended to buy anymore, just for trading or better to realize the profit.
Rating: Sell On Strength, TP: 46700-47000

2. Astra Agro Lestari (AALI:JK, AALI:IJ)
After days of black, we can speculate buy on it. Remember we are playing on bearish stock, be very discipline in taking profits & stopping losses.
Rating: Buy On Weakness; Entry: 22000-22200, TP: 22500-22800, SL: 21500-21600

3. Bank Mandiri (BMRI.JK, BMRI:IJ)
It closed high tioday but the price is almost reached the resistance, not so good in position, we can start to realized the profit, as this stock is overbought.
Rating: Sell On Strength; TP: 5550-5650

4. Indofood (INDF.JK, INDF:IJ)
It has consolidated for quite long time, we can now start to recollect it.
Rating: Buy On Weakness, TP: 4200-4300, SL: 3700-3725


Happy Investing^^
Disclaimer ON!!!

Stock Watch Apr 29, 2010

Due to, not much time I have, I will still provide you hints.
ITMG; Sell On Strength, if possible not after 1st session, as tomorrow will be the cum date of dividend, if you want to keep for dividend, be sure to hold and not to cut losses, as this stock will be re-rated after ex date.

ASII: Hold

ANTM: Trading Sell, as today EMA5-15 is crossed.

SGRO, Trading Buy, is going to close the gap for today trade

PTBA, Sell On Strength, it is in as overbought area.

ASGR, Spec Buy, R1: 435-440

Happy Investing^^
Disclaimer ON!!!

Tuesday, 27 April 2010

Stock Watch Apr 28, 2010

After today, technical correction had taken place, after long straight winning days, it's quite logical that investors starts to take profit, and seems tomorrow will be the beginning of the consolidation time, so, it's quite wise for us to take profit in this two days.

Well, not much analysis will be given as I'm quite busy & need to have some rest, I'll still give you all some hints.

Stock watch:
1. Indo Tambang Raya Megah (ITMG.JK, ITMG:IJ)
Rating: Trading Buy, Sell On Strength; TP: 40800-41200

2. Astra Int'l (ASII.JK, ASII:IJ)
After gaining for 6 straight days, it's quite rational to be corrected, meanwhile, tomorrow or Thursday - Friday, will be a great day for this stock, as there might be a secret unfold inside the investors. To know it, you can email me directly, I will tell you the secret.
Rating: Buy On Weakness; TP: 46700-48150, Mid term: 50000-50500

3. Kalbe Farma (KLBF.JK, KLBF:IJ)
Rp2000 is the psychological level that become the support of KLBF.
Rating: Buy On Weakness; Entry: 2000-2025; TP: 2100-2125

4. Bukit Asam (PTBA.JK, PTBA:IJ)

The bad issue of the two guilty directors seems doesn't affect the stock, and it has just broken a new high, and seems, the next target will be higher.
Rating: Trading Buy; TP: 19500-20000


Happy Investing^^
Disclaimer ON!!!