7th June - 11 June

Current investment amt est : $1714
Initial capital : $3989 , left 42.9%
Main initial capital : $5989 left 28.6%

To earn back initial capital needs a 232% gain on current capital
To earn back Main initial capital needs a 349% gain on current capital

If invest in a dividend stock of 10% ....


Key points to note for
Tuesday 08/06/10

1. Will STI stays below 2780?
2. Will STI break 2700?
3. Will Dow slump to 9688?

Key points to note for Monday 07/06/10

1. Will STI break 2800 and stay below 2800? Broken.
2. Will DOW be unable to recover above 10,000? Yup.
3. Will EUROs stay below 1.20? Yup.
4. no news means bad news, no good/positive news come out of Europe?
   Got positive News

Bonus

1. Bad News Resurface.

If 1,2,3,4 all correct, can hold for 1 more day
if anyone is wrong, needs to be cautious!!

Report to watch


Germany Industrial Report on Tues
Portugal and Spain bond sales/Greece unemployment report on Thurs

Things to watch


STI :

1. 2800
2. 2780 (immediate Support)
3. 2700
4. 2688
5. 2668
6. 2650
7. 2600

EUROs :

1. 1.20
2. 1.17
3. 1.13
4. 1.10

DOW

1. 10000
2. 9688

S&P500

1. 1103
2. 1040

Hungary Debts problems.


My holdings

STI 2850 put warrant 50 lot 0.327

Buy in 10lot,20lot,20lot, brokerage fee(buy) = $90
Sell all together = $50

STAGE 1
$0.33 to break Even ( $0.3298)

Stock lost :

ChuanHup : $305
ASL Marine : $680
Marco Polo : $810
NOL : $240

Total Lost : $2035

STAGE 2
$0.37 to win back portion 1 ($0.3705)

Initial Investment : $2000

STAGE 3
$0.41 to win back total amount ($0.4105)

I buy at STI 2675+/- at $0.47
Highest at STI 2650 at $0.49/0.495

If STI hit 2668 then by right price will be $0.48
If at $0.48

FINAL STAGE
Extra amt : $3475
TP : $0.48

24th - 28th of May 2010

Technical :

credit to hahalol.blogspot..

Main Support line : 2688 
Right Shoulder : >2784,  <2976

Fundamental :

1. Europe Financial crisis problem
2. Euros movement
3. SSE under bearish, Renmingbi greatly affected by Rise in US$ and Drop in Euros.
4. Riots in Greece
5. Riots in Thailand
   

What i'm planning to do this week :


Amount to contra : $162.13
Amount to hold : $0

Sell NOL (contra date 27/5, Thursday)

If market is good, target blue chips, High beta 2nd liner, Call warrant.(all contra)
Buy only when i sold NOL or NOL have some paper profits(a buffer to withstand and sell when market turned)

If market is flat, sell NOL and wait for opportunities.

If market keep down and break 2688, sell everything and conserve cash.

Current Holdings :

ASL marine

ChuanHup holding

NOL


Below is my portfolio, it's a very small portfolio as i'm a student. Not much cash to spare but i try to maximise.
The virtual list of stock is my Paper trading started in May 2009. Its in a sea of red.