Archive for August, 2010

CIMB Ups Yangzijiang To Outper…

CIMB Ups Yangzijiang To Outperform; S$1.68 Target.

Market sentiment might turn ca…

Market sentiment might turn cautious pending the U.S. employment number for the month of August on Friday.

Interview With Dr Alexander Elder: Why Watching the News Can Hurt Your Trading

According to the interview:

* News follow events, i.e. Market moves first, then news follows.
* Source of information: Wall Street Journal, Internet.
* TV: Everybody watching same ‘Tube’. Mood spread across market at the same time for the masses.
* Focus on: “Number News” / Major Earnings Release / Capacity Utilization etc
* Buy the rumor, sell the news.
* Standing aside when unsure – standing aside is a completely legitimate decision.

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