Wednesday, July 29, 2009

Cool off wednesday

Time : 10pm
Mood : nil

A cool off wednesday which finally ended a few days of mad rush of people buying stocks which spur the prices up . I rated the graphs of serveral stocks to be Paraboric. It means that the line of the graph looks as if it is ready to move into a vertical line which do not make sense in money market. These lines usually indicate the market has come to the point where down side is greater than it going further up.

Several graphs i have seen in the evening so far have shown signs of moving a few more days of down before another wave of rally resumes.

Stay tuned


SG stocks i am holding:
Kep Corp
SPH
F&N
Nico Steel
LKH

SG stock just sold:
SPC
SGX

SG stock i am aiming:
NOL
Parkway Holdings

to a better financial future

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