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Tuesday, November 8, 2011

Indecisive Wednesday

Dow Jones still stays flat like yesterday, up down within 100 points. I am wondering if the bear is starting soon.


As usual, HARVEST reached Limit for today and HARVEST-WA is overbought. It is a time bomb, a very huge one. I mean, can't you guys have the scary experience to chase this high? What kind of mental is this? For me, I don't even want to think of this stock anymore when it reached 60 cents. Of course, if you have the balls, you may go on, like MAA last time... How much is MAA now? 20+ cents..

HIBISCUS made a show after HARVEST. Buying force suddenly went up like crazy, probably a gap up tomorrow. The surprise stock, JCY came back into action. I sold off at 0.645 after it failed to break the 0.66.

I sold DRBHCOM-CD as a precaution. Lose water money, better than lose hundreds.

What's my next target? I don't know. Market is very volatile now. Perhaps HSI-H3 to punt?

Anyway, here's my observations..

AIRASIA: Going sideways now.. 3.50 is vital to see another bull or bear. Don't go in yet.

MMODE: Good show. Closed at 0.385. Go in tomorrow?

WIJAYA: Going to shoot up soon. TP 0.725. Enter now if volume permits.

MALTON: One of 2 stocks I hold. MACD shows green signal and doji is formed. Potential of reversal tomorrow. However based on volume, it's rather disappointing.

SRIDGE: Very high chance for breakout. MACD shows green and all other indicators says, okay. buy. If 0.255 breaks, buy! If opens gap up tomorrow, cautious. They might sell down.

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