After years of stock market speculation, I came to conclusion that I am not going to make it by plain stock market.

I am not denying that there are plenty of success story in the stock market, but I am simply no one of them with my skill and capital.

Stock investment is some form of addiction. You cannot stop simply because you don't make money. I found myself spending too much time monitoring and watching the movement of the market. Yet, the return is not going to justify my time spent.

I am fortunate to switch my focus to something else in the last few years. I kick away the habit to constantly checking the stock market. In fact, the huge movement in either side of the market don't bother me anymore.

What left in my basket is some dividend stock and REIT, and some odd lots. It don't move much anyway, unless we have another sub-prime crisis. 

I found a new uncharted revenue to invest my money. I see myself at the starting point and I going to walk this way.

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I have read this on Business Times:

The influence the Jardine group has exerted on the STI throughout last year has been highlighted in this column many times before, since the group's all-time highs have been instrumental in the STI posting two-year highs a few months ago.

I don't understand why Jardine group shall be selected as a component stocks of STI, since the liquidity is so low and it hardly represent the sentiment and market condition.

Look at this number:

Jardine Matheson yesterday fell US$0.62 to US$44 but this hardly dented its gain for 2010, which stood at 46 per cent. The best Jardine performer was Jardine Strategic with a rise of 57 per cent over the past 12 months, followed by Hongkong Land's 46 per cent and Cycle & Carriage's 36 per cent.

How many of your blue chip out performed these number?

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U.S. Dollar Index has not been a popular index to be read. In fact, many investors have no idea what it has to do with trading.

Which is absolutely wrong, I would say.

Look at the 1 year U.S. Dollar Index. The bottom of DJI on March 2009 coincides with the peak of U.S. Dollar Index.





To bring the picture in focus, we also can look closer at the intraday chart last Friday, when many have sleepless night. The bottom of DJI coincides with the peak of U.S. Dollar Index again.



So, what so great about U.S. Dollar Index? The relationship between U.S. Dollar Index with DJI, commodities and bonds etc is very close, even though not one to one.

We are located at difference time zone with US. U.S. Dollar Index is traded almost 24 hours per day and 5 days per week. This may offer a better indicator in comparison to DJI future alone.

For stock selection, I would prefer a top down approach. You may also include U.S. Dollar Index as part of your analysis.


The US Dollar Index (USDX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies.

It is a weighted geometric mean of the dollar's value compared only with

Euro (EUR), 57.6% weight
Japanese yen (JPY), 13.6% weight
Pound sterling (GBP), 11.9% weight
Canadian dollar (CAD), 9.1% weight
Swedish krona (SEK), 4.2% weight and
Swiss franc (CHF) 3.6% weight.

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This morning we wake up to read this piece of top story on the Sunday Times.

However, by looking at the Friday price movement of Genting, nobody need PhD to know that someone already got 'wind' about this. The issuance of license is on Saturday.

Here is the intraday chart of Genting on Friday afternoon, when no announcement has been made.

For the public interest, I think the authority shall look into the posibilities of insider trading.

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If you trade USD/JPY pair, I think you will wondering why this morning the market so volatile, artificially.

Here, the reason:

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Dollar index almost fully recover after Asia and Europe went through the panic mode. Just stay cool. The tsunami will be over very soon.

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Shorting may be not your cup of tea but making an informed decision is a must for the survival of a trader like me. After reading most openly available source of information, I have compiled a list of company listed on SGX market for own reference, which I willing to share with you.

1. City Developments, CDL
Partnership in development of South Beach site near Suntec

2. DBS
With branch in Dubai since 2006. One of the syndicate financing South Beach project.

3. UOB
One of the syndicate financing South Beach project.

4. OCBC
One of the syndicate financing South Beach project.

5. SMRT
Contact to operate and maintain a monorail line

6. Ascott Group
Own a service residence, Somerset Jadaf at Dubai

7. Capitaland
Joint Venture with Mubadala for a project named Arzanah, a US$6 billion development on Abu Dhabi island. Plan Abu Dhabi 2030.

More to be find out.

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Most of the people on the street suddenly realize that they have a bite of the IPO with bigger then expected allocation.

With the rumours saying that the grey market price can fetch up to $2.80, couple with the bullish valuation from DMG, this shall be a candidate for quick profit. However, the story does not end here. The confusion is: If the general public can get high allocations with high successful ratio, who will want to pay $2.80 for same thing selling at $2.12?

The question now is: Sell or Hold?

(Buying more seems to be out of question).

My strategic will be the opening price. My personal view is if the price moving up above opening price, I will let the profit run. If the price stuck or moving south, then I will let others to hold the baby. I can always come back another day.

Disclaimer apply.

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The chance is very high now.

I will friend friend with trend, no against it!

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Today is the first day for the right share to flood the market. In fact, this counter has been on downtrend/consolidation mode in participation of the listing of these new share.

I would comment that Genting absorb pretty well the selling pressure, especially the general macro market sentiment is so so, if not bad.

As long as Genting hitting $1.14, that would means that Genting has breakout of downtrend and the reversal shall be the next move.

This is a counter worth waiting for. Expecting more news from Sentosa appear on newspaper, which is good to generate feel good sentiment.

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