Uncle Ti 88

SIA - SGX - COT Proxy Referring to the post made on 4th July 2011 SIA Will Fly in July? we saw that the commercials are going to the net long territory and they did a few days later. SIA is indeed flying in July. Price now at 14.72. We will wait for the commercials to be net short before we exit this position.

Lian Beng - SGX After months of being range-bound, looks like a strong long signal has been triggered. Commercials are buying and it just penetrated resistance at 0.35.

Sabana REIT - SGX Sabana REIT has made an uptrend and the commercials are going long. Current price at 0.945. Yield is at 9% based on IPO estimates! Tempting....

SIA - SGX In June stocks has taken some battering. Now that July has come and stocks are known to make the uptrend in July. Is SIA one of them? After failing to rise up in April 2011, the commercials seems to be approaching the net long position. We shall wait for a few more days for the confirmation of that net long position.

Keppel Land - COT Proxy In our 2nd blog post No Trade Keppel Land (K17 - SGX) , we recommend to stay on the sidelines for this counter as the price has moved below the SMA200. The COT Proxy also confirmed this. The price of Keppel Land has been going down and the COT proxy shows that the commercials has been selling since 27 April 2011!

F&N - COT Proxy Here we shall see what signal the COT Proxy gives us. Long signal was given at 5.72 and a short/exit signal at 5.85. Not much of a profit there but is is indeed better than a loss!

F&N - SGX If you look at the first post of this blog Long F&N (F99 - SGX) 6.28 , we are using the Simple Moving Average (SMA200) to trade F&N. Here the SMA200 was triggered long at 6.05 (wait for a couple of bars to confirm) however long was initiated at 6.28 as we have missed the early entry. Stop-loss was triggered at below the SMA200. Here we take it as 5.98, a couple of bars below the SMA200. Our entry is stopped for a loss of 0.30 (Exit at 5.98). Yesterday close was at 5.60. Stop-loss is a very important component in trading. Always have a stop-loss! Always know when to cut your losses instead of hoping the price to turn around. Protect your capital and live to trade another day.