Uncle Ti 88

Cosco Corporation - SGX - COT Proxy Cosco is involved in marine engineering and dry bulk shipping. Prices are edging higher from the low in November 2011. Will the optimism in the economy lift marine and shipping stocks? Usually these industries are used as a barometer for the economy as a whole. The commercials are still net short however their numbers are decreasing. Waiting for the time for them to be net long. But do take note that the commercials can come late into the game!

Here are the list of stocks for SGX that the commercials are shorting: 1) Wilmar 2) UOB 3) UOL 4) Ascendas REIT 5) Cosco Corp 6) DBS 7) Genting 8) Keppel Land 9) Olam 10) SembMarine 11) SGX 12) SIA And many, many more!

Those of you requesting for the Cosco Daily chart for shorter trading time frame, please see below. The "Commercials" are still shorting the stock. I advice not to enter the long trade for now until the buying signal is triggered. Please note that for this I am using the overbought/sold level instead of the divergence model as this is a shorter time frame on 18 daily period. You can choose either one, it is up to you to see which one you suits you best. Cosco Corp

Cosco Corp Quite a sell-off in some counters because of Euro debt problems. Time to sell off? Cosco is reaching the short signal, we will need to see the final signal this Friday for the confirmation as the COT Proxy is set on weekly period.