Lately , I noticed my dear students have been able to detect their own entry just before the breakouts , and needed only my help in the exits... eg. see last post where students traded halcyon & JB foods breakouts just before they happened ( for last post , click here ) .Also I found my students are not too bothered by "news" or "fundamentals" anymore( knowing well that news and fundamentals are usually fabricated or orchestrated or exploited by big boys to suck you in or shake you out at precisely the wrong time ) - eg trading the market around the Cyprus news as if they are not there, just simply following a mechnical procedure of reading & trading off the supply and demand in the charts without any fear or favor & remembering to collect profits on the way ( click here for previous post : dancing with cyprus thru dbs and capitaland wrts) . The following WE holding trade is just one example where one student detected his own entry just before the breakout and asked me to help him with the exit.. He first entered WE hldg at 7.3c just before the breakout and added more at 8.2c and exited half at 9.6c ,near the day peak of 9.8c .. Does he care about Cyprus , not really.. though you may feel it is on the back of his mind when he takes half profits for the weekend, my bet is that he is just doing it as part of the risk management routine that i taught my students , Cyprus or no Cyprus. In this trade he made realized profit of $4.6k( minus comm) in just one day from just 200 lots of WE holdings or a profit return of 31% in one day making back more than double his course fees- see below trade statements .
the student cleared 200 lots at 31% realised profit return or $4.6k( minus comm) in one day ( about 5 hrs ) leaving another 200 lots for the Cyprus freak weekend.
Ntegrator : Another student entered 90 lots on his own pre-breakout entry and exited also near day high for an intraday profit of 13% .. almost making back his course fee
below is call on Guocoleisure on 22 & 23 mar :
Geo energy falls according to plan of 14 mar :
SinoGrandness rise according to plan :
DBS makes a mad dash for sweet 16 according to 18 mar plan despite Cyprus
Those interested to find out more feel free to register( email to bille33333@gmail.com subject title :" sgxswinger course preview dated 29mar / 5 april 2013 fri ( choose one) " , inside the email , pse provide "name" , "hp no." ,"email", "bringing friends along? y/n " , " no of years trading ", " instruments traded : stocks, indexes , futures, forex, options , wrts etc", " trading courses you've attended" ) to come for fri 5 april 2013 preview 1930 hrs at Burlington square ( next to simlim square, 400m from bugis mrt -click here for map & directions) , 175 bencoolen street S(189649) level 5 function room at residential tower , not office tower .. .. lots of trading secrets to be shared , no obligations to sign up : next course slated for weekend on 27/28 april 1100hrs-1700 hrs... the course fee is $2888 . those who sign up early gets a very big early bird discount. check here for course / preview dates
Halcyon, student detected good entry just before the breakout
Sinograndness - the final burst of fire ?
JB Foods - a student made back course fee in 2 days
those interested to find out more feel free to register( email to
bille33333@gmail.com subject title :" sgxswinger course preview dated 22 mar 2013 fri " , inside the email , pse provide "name" , "hp no." ,"email", "bringing friends along? y/n " , " no of years trading ", " instruments traded : stocks, indexes , futures, forex, options , wrts etc", " trading courses you've attended" ) to come for fri 22 mar 2013 preview 1930 hrs at Burlington square ( next to simlim square, 400m from bugis mrt -click here for map & directions) , 175 bencoolen street S(189649) level 5 function room at residential tower , not office tower .. .. lots of trading secrets to be shared , no obligations to sign up : next course slated for weekend on xx april 1100hrs-1700 hrs... the course fee is $2888 . those who sign up early gets a very big early bird discount. check here for course / preview dates
those interested to find out more feel free to register( email to
bille33333@gmail.com subject title :" sgxswinger course preview dated 22 mar 2013 fri " , inside the email , pse provide "name" , "hp no." ,"email", "bringing friends along? y/n " , " no of years trading ", " instruments traded : stocks, indexes , futures, forex, options , wrts etc", " trading courses you've attended" ) to come for fri 22 mar 2013 preview 1930 hrs at Burlington square ( next to simlim square, 400m from bugis mrt -click here for map & directions) , 175 bencoolen street S(189649) level 5 function room at residential tower , not office tower .. .. lots of trading secrets to be shared , no obligations to sign up : next course slated for weekend on xx april 1100hrs-1700 hrs... the course fee is $2888 . those who sign up early gets a very big early bird discount. check here for course / preview dates
Rowsley prescient alert on sharejunction & comments to last post before the plunge from 49 to 40c see alert in comments tolast post in the morning before plunge-( click here )
Post mortem oflast post( click here) In the last post, I made several calls -some hit targets and reverse, some almost, some exceeded a little - let's recap . (i) STi target ceiling at 3310 - solid as ever .. tested three times and fell from there each time, presenting golden opportunities in shorting blue chips each time( click here also for 5 feb post on sti ceiling) . (ii) Genting sp target at 1.61(click here) - exceeded by 3c one day after call and fell from there & now 1.48 (iii) Contel tgt 11.5 - hit and plunged one day after call (iv) WE holding tgt 20c - hit and plunged one day after call (v) Ezion tgt at 2.04 - hit tgt and fell , never to close above it (vi) Rowsley tgt at 55-58( later corrected to 53 15hrs before the plunge ) - almost hit tgtof 55( miss by2c) 3 days after call (vii) call to short pennies on 27 feb penny peak( after bernanke testimony) and 6 mar(after dow break 2007 high) .., on both occasions, pennies open gap up the day after call and plunged > 30-60% within 1-3days (viii) call for GLD temporary bottom at 1.52 - hit 1.51 and bounce one day after , staying above 152 all thru even now 3 weeks after .. so much for prescience and precision ...now for this week's calls: Guocoleisure : Undervalued property ?
Capitaland - a small short
Yanlord : Overvalued property ?
those interested to find out more feel free to register( email to
bille33333@gmail.com subject title :" sgxswinger course preview dated 22 mar 2013 fri " , inside the email , pse provide "name" , "hp no." ,"email", "bringing friends along? y/n " , " no of years trading ", " instruments traded : stocks, indexes , futures, forex, options , wrts etc", " trading courses you've attended" ) to come for fri 22 mar 2013 preview 1930 hrs at Burlington square ( next to simlim square, 400m from bugis mrt -click here for map & directions) , 175 bencoolen street S(189649) level 5 function room at residential tower , not office tower .. .. lots of trading secrets to be shared , no obligations to sign up : next course slated for weekend on xx april 1100hrs-1700 hrs... the course fee is $2888 . those who sign up early gets a very big early bird discount. check here for course / preview dates
Post-mortem for the previous post : In my last post 4 weeks ago( click here ) , I advised in this blog that the STi has hit a ceiling fan at 3310 and may move sideways between 3260 and 3310 while selected small caps and pennies will take the opportunity to rally riding on the QE continuation & dow tailwinds to 14250 ... I also gave some price targets for some stocks , namely Ezion and Genting that are about to rally.
Note these were forward predictionswith specific levels given to the public for the weeks ahead ,& not a highly private prediction shared with public only after the event happens in my favor ..
Well , true to form , for the whole of the last 4 weeks , as if the market heard & heeded us, it did exactly as predicted ...as the dow rallies inexorably higher towards our 14250 tgt , sgx blue chips went sideways , the STI got stuck in the miraculously narrow ( 50 pts or < 2% ) trading range between 3310 and 3260 that we specifiedin the last post while selected pennies and small caps ran like crazy.. well, so much for prescience and precision I also said in thelast post it was a good time to buy Genting on weakness ( at 1.54 with tgt 1.61 ) and Ezion ( at 1.77 with tgt 2.04 ) and both marched inexorably to their targets before suffering a severe down reaction( see Ezion & Genting charts below )..
again , so much for prescience and precision As for pennies, many pennies ran ..almost every other penny one touches in chatroom goes on fire , question is when to enter and when & wat price to exit ? Activities in the past 4 weeks : so in the past 4 weeks at the sgxswingers club we were too busy playing the pennies & wrts , just before the breakout ( see examples below where catching moves of > 10-30% within 1 day are common ) .. and not bothering about blue chips which being part of the STi had hit the ceiling fan ..and not bothering much about blogging either ... In this super rally of the pennies , it is quite easy to make calls on pennies that will rally almost immediately once u made them..if only you know how( click here)..well, in our sgxswingers club, some of our students were making them as a matter of routine. ( see some good penny calls below ) . At the same time , we reminded the club members to get out when each penny nears its peak( given by price targets issued to the club days before or when it peaks - like Contel , Ezion , Oceanus , Annica etc see below ) We also told our members to prepare their shorts when the critical time comes ( see below advice to the sgxswingers club chatroom to short the day after Bernanke's expected dovish speech on tues nite feb 26 which happens to be the peak for many pennies for this particular run ) one more thing we also played Gold, prepping GLD for a fall to 152 and played the rebound as well to 156 towards bernanke speech ( see below advice given to one student who played GLD - the Gold ETF ) Below -- Examples where we catch moves of > 10-30% within 24 hrs of contra play are common :
Below are examples where we reminded the club members to get out when pennies near their peaks( given by price targets issued to the club days before or when it peaks - like WE holdings, Contel , Ezion , Oceanus etc also we told our members to prepare their big shorts when the critical time comes ( see below advice to the sgxswingers club to short the day after Bernanke's dovish speech on tues nite feb 26 which happens to be the peak of many pennies ):
See below our prescient calls for Gold ETF- GLD:
those interested to find out more feel free to register( email to bille33333@gmail.com subject title :" sgxswinger course preview dated 15 mar 2013 fri " , inside the email , pse provide "name" , "hp no." ,"email", "bringing friends along? y/n " , " no of years trading ", " instruments traded : stocks, indexes , futures, forex, options , wrts etc", " trading courses you've attended" ) to come for fri 15 mar 2013 preview 1930 hrs at Burlington square ( next to simlim square, 400m from bugis mrt -click here for map & directions) , 175 bencoolen street S(189649) level 5 function room at residential tower , not office tower .. .. lots of trading secrets to be shared , no obligations to sign up : next course slated for weekend on xx 1100hrs-1700 hrs... the course fee is $2688 . those who sign up early gets a very big early bird discount. check here for course / preview dates
