Sunday, January 22, 2012

If averaging at the wrong time



Averaging dollars doesn't work all the times .
The rule of thumb is to average up ....... and not average down .
The world of war stocks/indexes is a effect of fear and greed .
What makes stock comes up is greed(bull) ..... what goes down is due to fear(bear).
Take a simple view . bull market last for 3-4 years while bear market last for 6-9 months .
Use near basic Fibonacci ratios to sell out and buy in . sell almost all positions after hit 80-85% of high
and buy back averaging up when recovering to the above near last bear low (15%-20%)

Its an assumption of what had happened . Do not fully believe ..... I am in china index ..... currently 20% of my prudential trading capital ! 

Wednesday, January 18, 2012

The switch

I was in spore growth fund at around 86 cents
Now is about 90 cents ....
How when I was in it was 600
Now about 630

Tuesday, January 10, 2012

Some switches I did

11/Jan /2012

I switched out more of my cash fund on Friday and Monday
As I suspect there will be an uptrend .......

Sunday, December 11, 2011

I switched from singapore cash fund to sinapore growth

Action
I switched from singapore cash fund to singapore growth
On 11/11/2011
entry price singapore gowth will be recorded on tuesday morning


Prediction
-(price on sat bid 0.86992) if able to entry around 0.85 on wednesday will be good as my entry price will be based on tuesday morning

Some Key figures
latest resistance(3 months high) at 31 oct , $0.92
-latest support(3 month low) at 0.81

Next Possible Action
Will do a switch out immediately on tuesday after 3pm

Capital before fund switch
On 11/11/2011 : $603
Capital after fund switch
On ________ : $


-the fund prices
http://pruaccess.prudential.com.sg/prulinkfund/viewFundPerformance.do?reqAction=multiple&fundSelection=231030|


-the fund chart
http://pruaccess.prudential.com.sg/prulinkfund/viewFundPerformance.do?reqAction=multiple&fundSelection=231030|

Disclaimer:
Trading is not always resulting in a capital gain. I have no wish to affect other readers position or decision, actions is based on self responsibilty

Readers wish me luck trading unit trust
Opponent : Prudential

Friday, November 25, 2011

Monday, October 24, 2011

Rises in Singapore managed fund , Singapore growth fund

Leaded by kep, capitalland rises

Do check the charts
http://shortingwithbears.blogspot.com/2011/10/ocbcdbsnoblegentinggoldenagrikepcorpcap.html