Nov 27
Maybe you’re playing it safe for now – CDs and government bonds mean you sleep better at night. Maybe you’ve had enough of the volatility and market-induced stomach ulcers. I can’t say I blame you.
But just as the saying “what goes up, must come down” holds some truth, so does the opposite. This economy will eventually swing back up (for more than a day or two) and when it does, you want to be ready for it. Investing in the stock market still remains the best way to increase your wealth. You just have to avoid using these common excuses that even capable, intelligent people use to avoid the stock market:
Continue reading this jewel of trading knowledge and investment wisdom »
Authored by admin on 27 November 2008 with no comment.
Nov 26
In my previous post, FKLI Nov contract failed to close above the 870 points level on the intraday hourly chart. This week is a short week for US as they are preparing for the holiday season. Dow Jones fall in the morning session but rally after the afternoon session to close on a positive note of 36 points (+0.43%), while NASDAQ was down by 7.29 points (-0.50%). By now, I believe that many people are scratching their heads and wonder where does the global financial markets are heading to? Recession and unemployment are felt everywhere. Banks are failing. Giant insurance company AIG broke the silence by announcing her mountainous problems. Automakers are begging for cash from the government. All these news are really depressing to the economy. But as we all know that the stock markets are leading the main street business by months. Rescue plans are on the way to the ailing companies. Value and blood are found everywhere on the financial streets. Will this be the end of the financial depression? Should we expect a healthy rally from here? Let’s look into the Malaysia stock market.
Continue reading this jewel of trading knowledge and investment wisdom »
Authored by Benjamin Lee on 26 November 2008 with 4 comments.
Nov 25
Good morning!! Dow Jones continues her rally from last Friday to close at 8443 points up almost 400 points (+4.93%) while NASDAQ up 87 points (+6.33%) to close at 1472 points and S&P 500 up almost 52 points (+6.47%). Europe had a bigger gain when FTSE 100 up by 372 points (+ 9.84%), DAX up by 427 points (+ 10.34%) and CAC 40 up by 291 points (+ 10.09%). In Asia, Nikkei futures was trading at 8500 points which gain is about 590 points from yesterday closing. Is this a new beginning for global stock market? Let us take an in-depth look into Malaysia FKLI.
Continue reading this jewel of trading knowledge and investment wisdom »
Authored by Benjamin Lee on 25 November 2008 with no comment.
Nov 24
Most people won’t be able to distinguish the differences between price and value. To them, they are the same. In reality, it is not the same. If price and value is the same then we would not need to consider so much when it comes to purchasing anything in our whole life. We just walk to the stores and pay for what we need. In fact, the former sentence got a catch in between the lines. You see, what I need is not what you need. So how can the value be the same for everyone? Why is this question important in the first place? If we are able to answer this, we will be able to unlock the fundamental concept of value investing.
Continue reading this jewel of trading knowledge and investment wisdom »
Authored by Benjamin Lee on 24 November 2008 with 1 comment.
Nov 11
I believe that most of us have heard of stock market operators. They are known by many different names and they are constantly the blame for our financial losses. In some parts of the world, they are known as sharks, syndicates, big bosses, speculators, liars, cheaters or stock market manipulators. Some of us cheer their existence and their operations while some cursed them as if they are the culprits to our financial ruins. Are they our friends or foes? As the famous saying goes, know thy foes and you will have the upper hand in battle. In this post, I will challenge and dare you to swim with the sharks and eat from the crumbs of their feeds and not to be their feed. Here I would like to bring out some of my personal thoughts on this question that most newbie has.
Continue reading this jewel of trading knowledge and investment wisdom »
Authored by Benjamin Lee on 11 November 2008 with 2 comments.
Oct 23
Hello guys…
I guess that it was really a long time since I write any full blog post. Well, I apologized for the irregular blog post as I am quite busy with many things in life and that includes my recent exploration on various techniques to further improve my trading skills. Time seems to be short for me. Well, I have some key dates to look out for next year. In fact, it could be major date to be aware of. I am not releasing the information now due to the fact I need to back test my finding to confirm whether my analysis is correct or not. Many of us wonder where and when will the bottom be for the global financial markets? For this post, I will address key levels to watch for in Kuala Lumpur Composite Index (KLCI).
Continue reading this jewel of trading knowledge and investment wisdom »
Authored by Benjamin Lee on 23 October 2008 with no comment.
Sep 16
Most of us heard of the stock market before at least once in our lifetime. Some of us invested or traded in it either directly thru equity ownership or indirectly thru mutual funds. I believe most of the people who directly traded or invested in it lose money while only a few percentages of people made a fortune in it. Why do most people lose money? Well, that has a lot to do with our personality and basic understanding which unfortunately does not work well with stock market. All of us who traded or invested in stock market have some preconceived ideas on how it works and various factors that affect it. However, some of them are wrong. Let me give you a test to see if your ideas are myths or facts.
Continue reading this jewel of trading knowledge and investment wisdom »
Authored by Benjamin Lee on 16 September 2008 with 2 comments.
Sep 15
Malaysia political dramatic events continue to unfold this week when a reporter, a blogger and a politician were arrested under Internal Security Act (ISA – draconian law). The reporter was arrested for a day under the draconian law with a lame excuse by the Home Minister as a protection to the life of the reporter. KLCI downed -15.86 points to close at 1028.17 points while the FKLI Sept contract downed -28 points to close at 1010 points for the morning session. What a dramatic event!!
Continue reading this jewel of trading knowledge and investment wisdom »
Authored by Benjamin Lee on 15 September 2008 with 1 comment.
Sep 09
We are entering into a new era now. We will be seeing many dramatic events in this couple of months as we step into 2009. How dramatic could it be? Well, this week we heard of U.S. government’s move to bail out mortgage giants Fannie Mae and Freddie Mac. Thailand protest to call for Prime Minister Samak resignation. Malaysia Datuk Seri Anwar Ibrahim is declaring Sept 16th as the day to topple the Malaysia government. Even Malaysia Prime Minister Datuk Seri Abdullah Ahmad Badawi declared an emergency "study trip" to Taiwan starting from Sept 8th to Sept 17th to prevent defection to the opposition party. This trip involved almost half of the ruling party MP. What a dramatic event!! Let’s us look at Malaysia crude palm oil (CPO) and KLCI index futures market to see if we can profit from it.
Continue reading this jewel of trading knowledge and investment wisdom »
Authored by Benjamin Lee on 9 September 2008 with 2 comments.
Aug 29
On the August 19th, crude palm oil futures (FCPO) made a low of RM 2351 which is quite close to my target of RM2300 – 2330. Looking at the chart again, I saw why the FCPO bounced from the low of 2351. In just a few days, the FCPO Nov contract made its high at RM 2753 on the August 22nd before reaching the low of RM 2406 on the August 26th. Crude oil has been edging up and this has been lifting the crude palm oil too. How do the defaults from China and India crude palm oil importers affect the price? Let us see explore further to see if there is a short opportunity in FCPO and what are our risks?
Continue reading this jewel of trading knowledge and investment wisdom »
Authored by Benjamin Lee on 29 August 2008 with 2 comments.
Aug 25
This upcoming week beginning 25 August is an interesting week. According to my Twitter post last week, I do mentioned that Dow Jones, Kuala Lumpur Composite Index (KLCI) and crude palm oil futures (FCPO) might peak on last Friday August 22nd or today based on my Gann analysis. We do witness crude oil dropped -6.40 to close at 114.59 after a few days of sharp rally. This coming week will also determine the political fate of Malaysia with the by-election of Datuk Seri Anwar Ibrahim on the Aug 26th. Let us take a snapshot of this week possibilities based on technical analysis.
Continue reading this jewel of trading knowledge and investment wisdom »
Authored by Benjamin Lee on 25 August 2008 with 6 comments.
Aug 18
This August and September will stage a series of dramatic events for Malaysia. With the upcoming by-election battle in Permatang Pauh featuring Datuk Seri Anwar Ibrahim and Datuk Arif Shah Omar Shah and the sodomy charges against Datuk Seri Anwar Ibrahim, we are expecting restlessness among Malaysian and foreign investors. If Barisan Nasional (National Front) represented by Datuk Arif Shah win in this upcoming battle, then the hope for the opposition coalition party Pakatan Rakyat to overthrow the ruling government will drop tremendously. If the Pakatan Rakyat wins in this upcoming by-election, then the possibility of further dumping of shares by the investors will rise substantially. But what are the possibilities and the probabilities? Don’t care. Just ask the charts for trading ideas.
Continue reading this jewel of trading knowledge and investment wisdom »
Authored by Benjamin Lee on 18 August 2008 with 2 comments.
Recent Comments