Quick Bite

Finally got rid of BJTOTO. Can't wait anymore for the move. The 16sen dividend netted ain't too shabby, translating to 7.+% pa. Looking for entry into CIMB. 8.00 or below is possible.

Scalped YTLPOWR for another 9sen nett. Effective entry further reduced from 2.24 to 2.15. Looking for opportunity to redeploy the "repaid" 15sen capital. YTLPOWR may retest 2.55 support.

Did not manage to re-enter KPJ. Retracement shallower than expected. Did not reach re-entry price. Remained 3/4 KPJ position in portfolio. Continue to monitor. Further retracement is still possible.

AXREIT. Sustained buying interest for the 8th week in a row. Will it make a break for 2.60? 26sen shy.

ARREIT. Weakness in chart. Retracement to 0.860~0.900 possible. 

CIMBX25/Hang Seng. In retracement mode. Rebounce at FB38%. See if it can take out FB23%. Else will consider reducing position. Head-shoulder-head?

Punting idea - Talam, KPJ; YTL Power

Did 2 rounds of profitable punts on Talam few moons back. I think Talam is prime for another quick punt. Yes, punt. I won't even call it a trade. But I am not going to enter any position this time.

But I did place a QS to take some position off KPJ. I don't like too much how the chart is forming. Time will tell... soon.

YTL Power went down from FB38% 2.60 to FB61% 2.50. Need to see more, looking for potential trade entry. 15min and 30min ticks, EOD time frame.

Quick Bite - YTLPOWER

Yes, I have been quiet for more than a month. That's what happens when you stop skimming charts nightly for trades. LOL. I actually passed up LIONIND and SCABLE which have been on my trade list since early Sept after bottom was found, screaming BUY ME! BUY ME! I have no regrets. None. Was already winding up my trades and rebalancing the portfolio back then.

YTLPOWER did a sprint, caught me by surprised. Went home and took a good look at the 15min, 30min and 1 hr tick charts; and the EOD and weekly charts. Scan the web a little bit for possible rumours or announcements. None. I think the 15min and 30min charts are more telling... manage to scalped 6sen nett the next day. My hypothetical average entry is now 2.24, down from 2.30. I don't think YTLPOWER is done yet. Watch the chart. Now at FB38% fast frame.