Want to cut all the market noise? Just follow what the commercials do.
CentraLand To Delist from SGX - Pickard Enterprises Limited
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CentraLand just announced that it will be delisted from SGX next Friday. Pickard Enterprises Limited offered SGD 0.40 per share to acquire all the issued ordinary shares.
For those of you not familiar with the Commitments of Traders Report, COT Proxy, you might want to check out this website Larry Williams Picture Perfect Trading for a brief introduction. I attended one of his Picture Perfect courses a few years ago and this was one of the things he touched on. The COT report is released by the US Commodity Futures Trading Commission where they show the open positions of traders for futures contracts. For stocks and other instruments there is no such COT report released so what the proxy has done is to simulate/gauge the open positions of these traders.
Petrochina - HKSE
Petrochina have a sell signal on Aug 2, 2011. The commercials are net short since then. Missed that signal and only closed the position today at a lost. It is hard to keep track of all the holdings manually. My method is to scan the charts individually to see the signal. Anyone familiar with Ninjatrader and can program an automated stock scanner?
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