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Saturday, September 20, 2008

Stock Price sharply up turn

After the STI formed the Harami Cross Pattern on Sept 12, we had experienced a very scary fall on Monday till Thursday morning. Finally STI had sharpy up turn.

In my past experience, regardless of what market bad news is it, i encounter that usually the chart may perform another 2 ^ 3 days big fall after the Harami Cross pattern has formed. Hence i think it is an excellent oportunity to buy in some bargain stock at a rock bottom price value...


I grab Sino-Env on Sept 15 at $0.82 &
hit it !











again after careful mathematic calculation, I decide to pick Parkway Holding on Sept 19 at $1.57 & i hit it ! Cheers

I always believe the stock's trade summary on that trading day play an important role of when to buy the stock at the lowest possible price.
Of course experience do count. This is my trade secret, he..he..

At the moment, I have no comments on market outlook in the coming week. Perhaps i prefer to wait & see when the RSI & CCI for STI index is going to hit above their mid level on chart !
Have a beautiful Sunday tomorow !

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