2 Sep 17: Yanlord 3 black crow of extending new shoulder for short uptrend

Yanlord - 1.73 (TP: 1.81-1.82- profit taking pt1) (Buy Price 1.76, Stop-loss 1.64) -

1)Weekly chart showing sigh of head & shoulder forming/. If I am correct the peak of the second shoulder should reach close to 1.91.(Profit taking point 2)

Fibo line (High 1.99, Low 1.29, delta 0.70)
####

1.99
1.82 (major Support & resistance) TP1
1.72 (next best) anything break below can go to 1.64
1.64 (stop loss)
1.55
1.44
1.29


There also new on purchase of UEL, which should help Yanlord in long run. Moody has given Ba2 rating

Moody's: Yanlord's strong profit margin and liquidity support its Ba2 rating (16 Aug) 

Close Suntec 20 lot

Clear 20 lot of SuntecReit at 1.29 making minimal profit. Overall loss plus brokerage come to about $485

30 lot - open SuntecReit

Went in SUntecReit on 4 Feb 2010 at 30 lot 1.28.

Dindnt managed to exit for 5 days.

On 9 Feb2010 - q to sell at cut loss 1.26(10 lot)

With estimated transaction cost at -$486 loss.

To break even, need to sell the remaining 20 lot at 1.31 at least.

Cosco - 01022010

Enter 20L@1.23 & exit at 1.25 tdy, after looking at the huge selling q. Decide not to hold. Profit abt $200.

Midas -20100121~ Cleared by T+4

Exited MIDAS yesterday @ 1.09.

Today MIDAS drop to 1.04, luckily i have cleared my position.

gain abt $110. I am so grateful.

Midas -20100119 ~ Stuck with an open position

Maybe rash... now stuck with Midas at 1.08 50lots. Hope can clear at 1.09 by T+4. Its getting on my nerve. Anyway today froming a bearish harami, but vol is low, so maybe still got chance.

cosco - 20100119 - Looking good a morning Doji

Cosco likely to test 1.40 level in the next 2 days.