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The Whipsaw Song - Ed Seykota (Trading rules embedded into a song)

Wednesday, October 15, 2008

Market resume leg down

As anticipated, it is a bear rally afterall and how short it is!! The timespan of the rally caught me by surprise though and i missed out on a couple of great trade :(

Well guess we can't win them all... Enough what-if and back to stock picking...

Capmall - Is looking ready for the next leg down with the 61.8% point acting as the resistance successfully. Will be looking at pulling my trigger tmr if a reasonable entry point comes.


SGX - Looks ripe for the picking with the resumption of the downtrend


CDL - Looking yummy don't you agree??


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