Tuesday, November 04, 2008

It has been so rewarding to buy at bottom

1) Simple rules
Buy when the blue line cross up the red line and MUST SELL when the blue line cross down the red line. So wat is the blue line and red line? Blue line is 3 days EMA and Red line is 7 days EMA.
Volume, RSI, ADX, fibonacci also play some parts in Technical Analysis. But of course Fundamental Analysis is the most important factor.

Previously i got burned as i bought IOICORP even the blue line never cross until last 2 days.
So it is time to buy in now? I guess so if i want to follow my own rules. i am currently holding lionind, genting, pbbank(FA), ytlpower (follow sifu sam), bjtoto.

1 comment:

Ted said...

Heheh... L lens coming...who knows maybe even semi D.