Sunday, December 20, 2009

How I pick my shares

Recently in the stock market, most investors/traders realise that there were alot of uncertainties in the market. Apparently, most blue chips ever since July 2009 have been fluctuating while s chips stocks, a portion has rose immensely towards 2-3 fold or down the drain into worthless amount. At times like this, one wonders what to trade and what to invest in.

If Warren Buffet were to answer this, he would want you to 'plant your seedlings and wait for it to grow into trees that are tall enough to be your shelter'. Paul Tudor james would advice you to 'whatever you do, put a stop loss order, not only that, put a time stop as well.'

For me i play abit of both. Because at time like this, i don't really expect myself to make alot. So in order to capitalise on the market, these are the stocks i have bought

Fundamental Bought
Starhub 1.95
NOL 1.3
Gold $50.56/gram
United China ETF 2.5

Technical Buying/Shorting for Dec
Bank of America 14.9/15.5
Blackstone 13.15/14
Golden Agriculture 0.485/5
China XLX 0.48/0.8
Kroger 20/22

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