test4

Monday, April 5, 2010

STI Quick Technical Analysis (5th Apr Morning)

STI is at a new high finally... This satisfies my minimum criteria of wave 5 in an earlier post:
STI Elliott Wave Update -- Bullish Bias?

On the other hand, this new high might just be signifying an expanded flat, although it looks unlikely. I'm a little blur on why there are 5 waves down on the daily chart, then 5 waves up again. The only reason I could think of is that the mini waves on the daily chart for STI might not be accurate enough to be used for wave counting. It appears that the usage of Bollinger bands is more accurate for minor wave counts.

Thursday, April 1, 2010

Saizen REIT Warrants Purchase

I didn't think I was going to update my portfolio so fast...

I loaded 60 lots of Saizen REIT Warrants at 0.075 today. The expiry date is in 2012, but I may convert earlier than that.


Noble Group Technical Analysis (31st Mar 2010)

This is just a follow up chart on Noble since my previous post...

The rising wedge has been broken with volume. And yesterday, Noble broke the 100 dma.

March 2010 Portfolio

March went past rather smoothly (or rather, stagnantly)

My portfolio changes consist of an additional purchase of AIMSAMPIREIT after some calculations of their yield. In addition, I will consider myself as having 1 bonus lot of Breadtalk at 0.37 since I have 5 to begin with.

As I progress along this journey, I've decided to combine my investing and dividends basket into one basket since they are basically quite similar. That means I will only have 2 baskets from now on: Long term holdings and Trading... And as time continues to tick, I'll be getting busier and busier, so I guess the amount of longer term holdings will increase more proportionately than any possible trading...