Well i never write any recommendation to buy any counter as i feel world stock market will collapse buy I think I wanna do that today. If you do not believe me, you can ignore me and forget about it but if you believe me give it a try.
2899.HK Zijin Mining.(p=2.24)
I'm sure everybody knows what happen to gold last friday. So try trade the counter and tale your profit before end of the day.
2600.HK Chalco.(p=2.90)
Everybody knows this is the worst performing HSI component counter of them all. It's time for it to roll. Trade it for few days but remember timing is essential.
0016 HK SHK Property. (p=52)
It's now at 52 but once it was a >150 dollar counter. It's "mother" 0086 SHK trading at less than 3X PE and it's the most valuable and certainly best developer in HK. Need i say more?
BHP Asx (p=21.90)
world largest mining company got hammered hard since few months ago and now trading at around 22.22. Attrative enough?
CSCO NYSE (p=15.17)
We all know last week CSCO was hammered only because bad report by some so-called "expert". Do the opposite thing!
TSM, NYSE (p=6.51)
Taiwan Semiconductor rally more than 11% last friday in US and traded at 6.47. Wait for better price and go for it. 6.30 maybe a great entry price. Trade it either in Taiwan or US.
That's all for now. I will do my trading now and i hope we'll have a profitable trading day.
5 comments:
I like this blog, the layout is great! Did you hear about the new bailout and financial assistance programs for citizens and immigrants??
Bailout and Financial Assistance for USA Citizens and Immigrants
SP, I will take CSCO. What do u think of LVS or Citi? I m planning to trade US soon.
Thx for your opinions.
TEH
CP,
C is in real danger now. It has been in a solid down trend since 5 Nov and nothing seem to be able to stop it. Even Prince ALwaleed can't stop it.
73% drop in 2 weeks is not good for any company. Yes i do think that i will have a huge technical rebound but frankly i don't think we can get the free meal so easily.
Besides, C has been one of the biggest volume counter in NYSE for more than 1 year. It is so speculative every hedge fund in this world want a piece of it. I won't recommend anyone especially Asian be part of it as we simply can't sleep for counter like that.
As for LVS, >100 dollar share now trading at 3.23. I can see a huge rebound for this counter. Wait for it to go down and snap it. I can really see it will go back to at least 5. It's now in consolidation stage and Hedge Fund try to scare away amateur and push it below recent low which is 5. Most of its competitor such as MGM and RIV surge last friday.
However it's last minute volume last Friday was thin suggest it's still in consolidation stage. Look closely and make your entry carefully. Trade it in short term and you might in for a shock!
THX for your opinion, buddy. Well, surely I will look right&left and punt in small. Citi got their rescue from Gov!! It should be shooting up pretty soon.
So, i will look into LVS and CSCO.
Thanks.
CP
Cp,
DO you remember what happen to bsc, fre, fnm, aig and leh before it got into real trouble? it rally hard. I did try to buy AIG and Fnm right before it got bail out but really i don't have a chance. Those stock move like hell and before you know it, it has surged 10-15%.
Here's my advice for you since you wanna trade US market: don't trade in the first and last half an hour which mean your trading time is 10am to 3.30 pm local time.
Do not trade over hour as it is for hedge fund and it is crazily fluctuate.
Really i don't think buy a super hot counter is a good decision. Last THU my friend bought c after news of alwaleed and he got burned badly. Besides do you really think you can endure 10.30pm to 5am(malaysia time) without sleep? you will have to if you trade such counter.
Another thing: get used to short seller. They are everywhere. Believe in your own choice and set reasonable cut loss price.
Maybe i talk too much as i was badly burned few years ago so i really hope you can used to US stock market. Try HSI or Nky also. They are much better choice as short selling is smaller and slower.
Thanks
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