IPO oh IPO

IPO season coming again in Bursa Malaysia.
for a quick notes, just look at the performance of IPOs counter this year (on its first day listing).
Total cumulative percentage of 10 IPOs this year is 59.29%.

If you are investing i.e RM10,000 on each IPO, your investment may end up to RM15,929.00 by now - using the strategy of selling by end of day 1.(minus brokerage, stamp fee, etc....little bit less than that of course hehe)

So, use your brain wisely, trade with cautious. There are money for everybody on the table. Sikit sikit sorang ok.

Updating the blog

Hi all,
Sorry for not updating this blog for quite some time.
I post my idea on trading mostly on FB lately. That's why this blog become lonely, day to day.
However, I'll try my best to post it here from time to time.

OK.
back to business.
My reading of FCPO - it will go up (resume the trend, after testing 61.8% retracement level). Maybe wrong, maybe right. Trade what we see....

FCPO 3/4/2013

Maybe it's going UP!
trade what u see ok.