Tuesday, November 4, 2008

Stock picks done on 03 Nov 2008

Using a set of rules which are in trial.
I suggest keeping watch of these stocks. ( Inspired by a reader of this blog )
Will compare the returns of these stocks against the STI as a benchmark at the end of the week. ( Prices Quoted are the closing price on 3rd Nov 2008 )

  • Ezra $0.575
  • Ho Bee $0.39
  • IndoAgri $0.62
  • Rotary $0.27
  • SinoTechfib $0.22
STI : 1883.75

Due to a recent comment from one of the readers, I shall explain why I have chosen these counters.
  • The market in general is still in the downtrend, hence these counter are not meant for 'long'
  • However TA has shown that a rebound is in sight. Hence I am trying to find stocks that might outperform the STI in these rebound period using TA.

*Disclaimer : What ever appears on the blog is for your own reference only. It is not an investment/trading advice. It is always best to consult your personal financial adviser before parting with your money.

1 comment:

vincent said...

can you comment why you chose these counters? looking for long?