Uncle Ti 88

Market Vectors Vietnam - ETF As you can see after a bear run in 2010, things looked like it is picking up for the Vietnamese market in December 2010. Money is pouring into the markets, foreign investors are coming back in and it looks as though Vietnam is on course for a recovery and a major bull market is imminent. However as you can see there was a short signal in January and then a long signal not long after in the same month! It seems the investors or " big players" are confused... should they go in or stay out? Alas a short signal was triggered by the COT Proxy. This tells us that the investors and "big players" are moving out and fast! The downtrend has started and up till now the market is making new lows. With this info, will you be going into the Vietnamese market now and try to catch a falling knife? Do take note that Vietnam is an emerging country and there are many opportunity awaits. We will wait until we have a clear bull signal before we re-ent...

Ever wonder which country's economy is in an uptrend or downtrend? Want to know if investors are putting in hot money or pulling them out of the country? If you have this information, you can better allocate your capital especially if you hold stocks in various countries. You follow what the "big investors" do and try to reap in the rewards. In this series we will look at the market performance of the South-East Asian countries. We start off with Vietnam. Vietnam's economy is one of the underperformers in South-East Asia, while the rest (Singapore, Malaysia) are experiencing somewhat of a bull run. Vietnam has lagged quite a bit. How can you play Vietnam's stock market? 1) For foreign private investors you will have to fly into Vietnam and open a local brokerage account pending approval. 2) or play the Market Vectors Vietnam ETF. We will look at the 2nd option which is accessible to all!

Samko Already had a run-up since Mar 2011... those who want to enter now will have to be aware of this however you be comforted to know that the "big players" are still long on this counter. Anything from 0.18 to 0.24 is a good price to enter, recommended stop will be tight at 0.17

SATS - COT Proxy Got stopped out after the COT Proxy level hit selling territory on daily charts (bought in at 2.67). Looking now for the buy signal to re-enter. Strong upward trend expected if price hit 2.70, will re-enter at this price. If this fails, price might be going down further.

What a month May has been. With the commodities sell-off and some stocks making a push down, it seems like the old adage of "Sell in May & Walk Away" still rings true. Looking at the prices this morning on the SGX, a lot of green numbers are flashing across the board. So is this the signal for the "Buy in July & Watch it Fly" trade to come in (although we are only approaching June)? Have a happy Monday and we will start off looking at the stocks for this week!

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.

CapitaMall One of few stocks that just signalled a buy this week @ 1.91. There is time to get into this long trade as the train has not left the station!