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Monday, January 19, 2009

Swing trading again

after rally in few days at the beginning of this year, swing trading with low valuation (Rp.1-2T) happen again.
Day by day bullish quotes move from one sector to other or group to other group. Commodity prices up and down in minutes or hours, I have to keep an eye on it, but surely I have no time.
My plan for uncertain tomorrow:
Bullish quotes; CTRA, DEWA, SULI(careful with this!), BRPT (yesterday jumped to 20% increase, incredible!, tomorrow? who knows prediction is just prediction), BUMI (hopefully...)
I am not sure, I try to check using candlestick on indonesianbull.com
Bearish many! (70% of active quotes)
wait for Mr. Obama? let's see..
It is hard to pick best quotes on the best price. Candlestick analysis may go wrong too. It is a tool, powerful but rumors and bad news can hit everything and turns bad

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