Marubozu - My Stocks Investing

Investing & Trading Rules and Philosophy

Post author:Marubozu
Post published:December 10, 2010

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. – Warren Buffett
Wide diversification is only required when investors do not understand what they are doing. –
Warren Buffett

STI: Head and Shoulders at Sight!

Post author:Marubozu
Post published:December 7, 2010

Singapore Straits Times Index may be forming a Head and Shoulders with the neckline at about 3,120. Successful forming of this Head and Shoulders will send STI down to 2,928. Be cautious! Some negative factors to trigger the bear:

War in Korea Peninsula
European Debt Crisis
China continue to tighthen the Monetary Policy

However, STI may continue the up trend if the patterns fails with some positive factors:

Hot Money is flowing to Asia.
Year End Window Dressing Effects.

Trade with Cautious!

How Low can Raffles Education Go?

Post author:Marubozu
Post published:December 7, 2010

Raffles Education has broken a critical support at $0.275 that hold well for the past 6 months. RafflesEdu current chart is bearish and the down trend will continue unless RafflesEdu can stay above $0.275 (100% FR resistance and also the down trend resistance). Next support is $0.176 (123.6% Fibonacci Retracement Level).