klse biz 16/11

klse biz 15/11

rumours news and views 14/11

What's ahead next week-Auction of 5-year bond italian notes how many %? monday
How much bonds is the ecb buying?
Decision on Greece's 6th tranche of aid
US economic data n retail reports
Watchout for FRANCE N US RATING WATCH!!!!
GOOD LUCK N PROSPEROUS TRADING

klse biz 4/11

foreign buyers careful retailers selling as much as locals

klse biz 3/11

klse biz 2/11

klse biz 1/11

looks like foreign not panic sell

klse biz 31/10

klse biz 28/10

aunty n uncle selling! time to start collecting

klse biz 27/10

klse biz 25/10

Foreign buyers sure can go up

klse biz 24/10

Foreign nett buyers

klse biz 21/10

Retailers getting out their stale stock foreign selling little only looks like going up

klse biz 20/10

klse biz 19/10

klse biz 18/10

Foreign sellers but look at the vol

klse biz 17/10

Foreign buyers

klse biz 13/10

Foreign buyers klci up 16.37pts

rumours news and views 13/10

DJ 11518.85 up 102.55pts off high 200pts SnP 1207.25 up 11.71pts off high 1220
KLCI open 1431.69 up 3.19pts -low 1431.21 up 2.71pts-high 1445.22 up 16.72pts closed 1444.87 up 16.37pts.WILL IT MOVE TO BREAK THE 1450 LEVEL TOMORROW???
FKLI open 1440-48-40-49-35-41-39 closed @ 1439,
Very mix @ closing between the bulls n the bears.BUYERS @ 36 SELLERS @ 40-41 Will dj to determine the winner @ tomorrow opening.Initial claims forcast 400k,market consenses  406k anything better will see another upside last 401k

klse biz 12/10

Looks like KLCI will only move up when foreign are buyers WHY AH???

rumours news and views 12/10

DJ 11416.30 down 16.88 SnP 1195.54 up 0.65
KLCI open 1414.5 up 2.75 drift down to 1406.71 down 4.94 n since have move higher,
FKLI open1404 low 1402 n have more up
KLCI closed at it's high 1428.5 up 16.85pts can it break 1437-1446-1463
FKLI closed 1438.5 high 1440 what'news could have trigger the shot up !!!yet to find out for the shorties a bit too late.Whatever happen live to fight another day.I myself shot at 235 but bought back @ 20 n 21 due to my superstition,the live quote got hang, to me is bad omen n as there is profit i must as well grab it n call it a day.

klse biz 11/10

Foriegn are nett buyers so be a bit carefull, SHORTIES LOOK FOR HIGHER LEVEL TO SHORT DON'T GET CAUGHT ON THE LOW END OVERALL MARKET IS STILL IN BEAR TERRITORY

rumours news and views 11/10

DJ 11433.18 UP 330.06PTS SnP 1194.89 up 39.43pts
KLCI open 1406.99 up 9.95pts move up high 1412.18 up 15.14pts
FKLI open 1413.5 gap up -high 1417 up 13.5pts -move down to 1410
KLCI MOVE TO A HIGH OF 1414.65 UP 17.61 PTS AFTER LUNCH N CLOSED AT 1411.65 UP 14.61PTS Is it a sign of reversal,I don't think so unless it can break the 1425-30 barrier
FKLI DROP TO AS LOW AS 1402.5-07 N CLOSED AT 14O5.5 WITH DOWN SIDE BIAS

klse biz 10/10

Retailers still selling,stale bull getting out.only locals nett buyers,KLCI CLOSED 1397.04 DOWN 3.01PTS

klse biz 7/10

WHAT'S HAPPENING?? RETAILERS NETT SELLERS,top heavy

rumours news and views 10/10

DJ 11103.12 down 20.21pts - happen last hour of trading SnP 1155.46 down 9.51pts
Rumours GE13 on 12th Nov,??? I don't buy this,forums talk bullish,I say BULLSHIT!!!
KLCI open 1398.62 down 1.43pts drop to 1392.10 down 7.95pts n up 1399.35 down 0.70pts drift down to 1394 level till lunch
FKLI open gap up from 1386-1396-1402-92-1400-88-95 range trading for now DJ up 112pts CAC DAX FTSE R ALL UP  I say more to upside bias

klse biz 6/10

Foreign are the big buyers today,retail are nett sellers now which is which? Are retailers more smart or they are happy with small profit. US/MYR =3.16/35 down

rumours news and views 7/10

DJ 11123.22 up 183.38pts SnP 1164.97 up 20.94pts same like yesterday only move up after lunch.
KLCI open 1397.42 up 3.73pts high 1402.53 up 8.84pts drift down to low of 1394.75 up 1.06pts only, n since slowly creeping upwards
FKLI open gap up 1405.5 to 1408 high, drift down to 1396 before moving up to 1403 n zig zag turn down after lunch to closed @ 1386
KLCI DRIFT LOWER AFTER LUNCH TO 1391.34 DOWN 2.35PTS
CLOSED 1400.05 UP 6.36PTS
TAKE A GOOD LOOK FUTURES IS LOWER THAN KLCI, WHAT WILL HAPPEN NEXT FIND OUT ON MONDAY HAVE A NICE WEEKEND

klse biz 5/10

Not much of nett selling by locals balance by foreign n retailers.Point to note is not here but on the US/MYR @ 317/80 down from 319/20

rumours news and views 6/10

DJ closed 10939.95 up 131.24 pts remain in positive most of the trading session move up after lunch n surge with a good finish.SnP 1144.04 up 20.09pts
KLCI open 1381.17 up 5.50pts n remain in positive since high 1395.26 up 19.5pts N closed 1393.69 up 18.02pts
FKLI open 1386.5 low 1385.5 n since moving up
530pm FKLI closed 1397.5 high 1398.5 a mini roller coaster,up from opening to 98 down 93 before lunch.@ 230pm open @ 96-97 down 90 up 98.5 closed 97.5
GREEN GREEN TODAY
To nite DJ may take a breather,hope intial claims is better then expectation and the passing on of STEVE will affect Apple shares tonite.As for our local market,we will have to see what is install for us "budget day" tomorrow.

klse biz 4/10

foreign sellers

rumours,news and views 4/10

Very sorry for not posting for the last few days,SORRY!
KLFI open 1341 low 1341 high 1377 closed 1369 JUST starting to track the futures

rumours news and views 5/10

DJ volatile session down 200+ pts in negative till the last hr push to 10808.71 up 153 pts SnP 1123.95 up 24.72pts KLCI 1364.79 UP 3.41
FKLI open 1371.5 high 1378.5 TOP SIDE @ 78 heavy and a lot of stop out orders,same like yesterday @ 77  After lunch,break out climbing all the way to 1382 high triggering stop loss orders,before being sold down to 1374,buyers are there or profit taking by shorties.See another round of up push to 1380.5 and down to 1371.5 before closing @ 1374.5.looks like a support for the budget this friday.
KLCI CLOSED @1375.67 up 14.29pts

klci biz 30/9

Foreign are sellers as well as retailers,good support by locals. are they buying up in anticipation of a good budget???

rumours news and views 30/9

DJ closed 11153.98 - very volatile trading session ranging from up 220pts to down 20pts in the last hr of trading to finish with a 143.08pts gain SnP closed 1160.40 up 9.34pts
KLCI open 1390.58 up 3.12pts high 1398.75 up 11.29pts.
Today, is the last trading day of the month,take a step back and watch the action.Will the klci break the 1400 barrier today? Going in trend reversal,with budget coming in a week's time,I got no idea.Let the chart tell us their story.Have a nice day
KLCI high 1402.94 up 15.48pts n all the way down to 1375.64 down 11.82pts closed 1387.13 almost unchanged

Germans approve European bailout fund

Germans approve European bailout fund

klci biz 28/9

Same story retailers are the 1 got hit

rumours news and views 29/9

DJ 11010.90 down 179.79pts from a gain of 122pts opening (sell down due to no details related to the rumours plan) SnP 1151.06 down 24.32pts
KLCI open 1361.43 down 10.12pts low 1358.04 down 13.51pts and since been going up to high of 1371.74
As for myself no trading today to protect my profit for this month,cheers have a nice day
KLCI closed at the high of the day 1387.46 up 15.91pts Is it a signal???

rumours news and views 28/9

DJ 11190.69 up 146.83pts HIGHEST UP 325PTS SnP 1175.38
KLCI open 1367.40 up 3.20pts low 1353.46 down 10.74pts n slowly creep up to 1373.55 up 9.35. closed 1371.55 up 7.35pts. A slow creepy day,euro is up,futures is up.
Sold off all my mbb with a reasonable profit,SP setia got suspended,PNB taking over.Will write more when have full details.Have a good swim today,getting ready for happy hours n dinner @ End of the World CHEERS!!!

klci biz 27/9

Retailers are nett sellers today,stock market are for' BIG BOYS' you don't call the shot, you follow.WHEN THEY BUY YOU BUY, WHEN THEY SELL YOU SELL.

Smartag Solutions eyes regional expansion

Smartag Solutions eyes regional expansion

klci biz 26/9

Look foreign are nett sellers, n retailers that cannot take the heat are cutting losses.But why are they buying last week when market was still soft.who are this people???

rumours news and views 27/9

DJ closed 11043.86 up 272.38pts SnP closed 1162.00 up 26.52pts
KLCI open 1339.35 up 7.55pts high 1357.27 up 25.47pts Can it go higher today? let it run it's course and decide what to do. As i have mention in 1 of the gossip forum yesterday,when market turn grab the blue chips thst have drop the most,that's what i did catch the tiger n it turn out right top gainer now monitoring her closely.Nikkei,HandSeng and Straits is up.Time to grab some quick bite.
Wao! been a long time we see this type of scenario hope tomolo also like today,plenty people happy! cheers
KLCI closed 1364.20 up 32.40 high 1367.19 up 35.39pts I think tomolo will still be on the up trend,ha ha that's what i think and hope, conflicting signs!? on the safe side sold half of my holdings on mbb.KICK myself  in the butt! look at SP SETIA flying off.On the other hand we must trade cautiously,not to be greedy do not bite off more than u can chew, if not get choke.TIME FOR HAPPY HOURS BYE!

klci biz 23/9

Still heavy selling by foreign.

rumours news and views 26/9

KLCI open 1357.74 down 8.20pts low now 1326.94 down 39pts,whole morning have been drifting down.
Nikkei-down 164pts
HangSeng-down 316pts
Straits-45pts
Gold also down,reason hedge funds selling to cover withdrawals.Basically l think is the only item they are holding with a profit.
I was wrong about the KLCI opening,it gap down.CIMB sold @ 673 with a loss,do not go against the trend,highest done was 674,the supply was there so i give to the buyer.Finance stock is being hit today,it is like a roller ball effect, are we going to experience an avalanche?At this point,i am not holding any stock,only can look see look see.I am going to feel bore again in the coming days,thinking of trading futures.Am I moving in the right direction.

rumours news and views weekend 26th sept

DJ closed 10771.48 up 37.65pts SnP 1136.43 up 6.87pts
I anticipate to open gap up,will take these opportunity to take profit on CIMB,Market overall is still soft and the pschology of the herd is selling into strength.what do u think?,Will budget boost the stock?
I like SP Setia,but tomolo's opening will be higher than friday's close 308 for sure,no point chasing Kind of hard to trade nowadays,thinking of venturing into the futures market but risky.In all kind of business,10% luck 90%depends on one's diligence.There is a need to continuously research,collate and decipher information,after which swift actions must be taken to stay ahead of the pack Then u are the WINNER

rumours news and views 23/9

DJ closed 10733.63 down 391.01pts SnP 1129'56 down 37.20pts
KLCI open 1377.22 down 10.59pts low 1358.76 down 29.05pts
I think i am being stubborn here i just did a double amount buy on Cimb @ 660,how it turns out,i really don't know.I know i did a blunter in yesterday's trade,i should not enter into a swing  trade when dj drop in the last hour of trading (LESSON LEARN) Psychological people will sell into any rebound.
3pm took profit on today's position on intra day trade,still hold on to yesterday trade @677.DJ tonite's session looks positive.
457pm KLCI closed 1365.94 down 21.87pts HAPPY HOURS HAVE A NICE WEEKEND

klci biz 22/9

Foreign are nett sellers,but retailers are buyers, on days when locals are sellers retailers are also buyers,does this tell u a story.

klci biz 21/9

on this day locals are nett sellers,klci goes up,as i notice whenever foreign are buyers chances the index will go up.Does that mean only foreign buying will push the index up,locals are good at supporting.And lately,retailers are buyers.Make your own conclusion,who are this people?

rumours news and views 22/9

DJ closed 11124.84 down 283.82pts SnP 1166.76 down 35.33pts OPERATION TWIST got twisted
KLCI open 1413.05 down 5.99 low 1404.24 down 14.80pts
Two days ago klci also drop to this level before bouncing up to 1419 level yesterday,so i take a chance on CIMB @ 677 for a swing trade.Friday, hope our PM have some good news to announce.
BLOOD BATH IN KLCI closed1387.81 down 31.23pts and i become a long term investor of CIMB.U see human being are such,i saw n post that market is coming down yet why am i holding cimb i bought this morning.I could have cut with a 2 ct gain but of cause i still loss brokerage,then to hold with a 5ct loss.I AM NOT PERFECT,how much in theory u may know yet it happen but u still have to be discipline,i must have my exit plan and excute accordingly,see how it trade tomorrow.

klci biz 20/9

Looking at the statistic,foreign are still nett sellers,retailers are the heroes,but are they walking into a bear trap?

rumours news and views 21/9

DJ closed 11408.66 up 7.65pts SnP 1202.09 down 2pts DJ GIVE UP IT'S 140PTS GAIN guess traders do not like to go home with a long position after last week's run and wait for outcome of the fomc n greece problem.
KLCI open 1413.45 up 2.81pts high 1414.55 up 3.91pts low 1408.73 down 1.91pts ,since slowly crawling up,as i mention in my FB YESTERDAY u may see a rebouce, today how far up it can go will depend on the buying interest of market players.Even in bad times,there are counters that good for trading if u look hard enough,D bhd is 1 of them.Take a look at the chart,what does it tell u since last week,even yesterday u enter u can make money,today looks like going into distribution phase.Smartag,still in consolidation mode, from the looks of it,the operater is very cautious,do not have hugh warchest.
KLCI closed 1419.04 up 8.40pts high 1422.16 up 11.52pts ,What's happening on smartag,chartwise looks good everyday up 0.05cts,emm! figure out will let u know.

rumours news and views 20/9

DJ closed 11401.01 down 108.08 very much off it's low which at one time down 244 pts.SnP 1204.09 down 11.92
How will the KLCI perform,? there maybe a technical bounce,
KLCI open 1410 down 3.11pts low 1404.57 down 8.55pts has since recover the early loss hovering around 1406 level (11am) Chances of closing in the positive is very very slim.Grab a bit of sime for swing trade,it can't be going down everyday.I still don't believe that they have to extend a MGO to other EnO shareholders,I hope i am right if not then end up Long Term investor.
Yahoo,Sime good trade took profit before lunch,now sit back and relax.Tonite see how DJ goes,
KLCI closed 1410.64 down 2.48pts Euro up,DJ futures up marginally,Keep a look out on Penergy something is up,anyone out there pls?

klci biz 19/9

Foreign are nett sellers,but retailers are buying as much as locals.

Ramunia close to India job

Ramunia close to India job

rumours news and views 19/9

KLCI open 1432.11 up 1.18, high 1433.81 up 2.88 and since been drifting down,Hk n S'pore is down.Nothing much to talk about,smartag not that smart after all.A little bit of cheer for ramunia lovers,hope the contract with India comes true.Keep a watchful eye on Penergy,as for Eno,I am not convince yet to jump into the foray
KLCI closed 1413.12 down 17.81 low 1411.80

rumours news and views weekend 19 sept

DJ 11509.09 up 75.91pts SnP 1216.01 UP 6.90pts
Will KLCI follow the up trend tomorrow?good chance u may see a gap up open.I see range bound this week,building a base to move towards a mini rally (Budget 7 Oct) A number of good stocks are oversold,we may see a technical rebound, overall market is still bearish.Tomorrow keep your eyes on Smartag,a couple of stock forums is promoting this stock.This is not a stock pick,trade at your own risk.I am writing,what I heard n see in the market.GOOD LUCK! HAPPY N FRUITFUL TRADING

William J. O'Neil's on Market Timing

how to make money in stocks:

This review is from: How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition (Paperback)

William O'Neil the author has just published his magnum opus and its a wonderful book to show the small investor how to attain wealth in an effective and systematic fashion.

This book is a guide to understand how the Stock Market really works. William O'Neil perfected his CAN-SLIM method in the 1960's to make himself a multi-millionaire. He felt that his investment system was something most people could learn so he launched a newspaper in 1984 called Investment Business Daily (IBD) to teach small investors how to invest well and increase their net worth significantly.

During the go-go Bull market years of the 1990's IBD reached a subscription level of over 300,000 subscribers and competed head-on the the venerable and established Wall Street Journal (WSJ). I am convinced IBD is the superior newspaper because it specifically teaches the small investor how to outperform Mutual Funds by using the small investor's main advantage - the ability to get in and out of the market quickly. This advantage when properly used allows the small investor to avoid the major damage of a huge Bear market downturn such as in the case of 2001-2002 and also in 2008. Mutual Funds being so heavily invested with billions of dollars of stocks are not so nimble; consequently they usually take heavy losses during large market downturns such as in 2008.

His system is called CAN-SLIM. It is a complex set of rules; so allow yourself two years to learn the basics. You will have to master the reading of technical charts and understand fundamentals of various companies. You need to understand concepts such as Sales, Earnings, Return on Equity (ROE) , how Mutual Funds operate, accumulations, distributions, relative price strength (RPS), cups and handles, breakouts, 50-day moving averages, base failures, puts, calls, pivot points, double bottoms, growth stocks vs value stocks, accumulation days etc. Understanding these concepts is not for the faint hearted; there is a lot to learn.

O'Neil will show you the way with his book. Unfortunately the rules are very, very counter-intuitive and contrary to so called "conventional investment wisdom" and what most investment pundits advise. It will probably go against everything you have been taught in life. That is why most people have difficulty applying CAN-SLIM methods because it is so counter-intuitive. For example: What really works well is to buy high and sell higher. We are conditioned to buy low and sell high. This latter approach is not effective in the stock market but most people buy in the "conventional wisdom" manner and in many cases get clobbered. 98 % of individual investors buy stocks this way and it is not effective. You also need to know when the Bear Market is coming so you can exit and go to cash for safety. IBD provides the early warning indicators when the Bear is near.

There is much to learn in order to win against the Stock Market and how it really works. But it can be done ! To do so you need to be a hard worker and be able to learn from your mistakes. Learning CAN-SLIM is similar to learning upper-level math courses such as statistics. There are no royal roads or shortcuts in learning and applying CAN-SLIM rules. It is not an easy subject to learn. You should also have access to the Enhanced Daily Graphs to see both the Fundamental and Technical Analysis displayed on one page. You will need these tools to win this financial war; these tools provide the key financial intelligence to let you know what is really occurring in the world of the stock market.

I also recommend you keeping notes in a journal of some type. This will help you to learn the skills needed. You must also develop a skill in reading the charts to understand the psychology of what is happening in the market place. There are about 100 charts of past winners to study which provide the guide for picking future stock winners if you are able to recognize the patterns. If you can read the past history well you can predict the future. It will appear like you are looking at Latin and Greek symbols at first and will seem unintelligible for awhile but after much practice you will readily start seeing patterns. These patterns provide the entry and exits points for effective stock buys.

Why is learning this method so hard ? Here are some of the key CAN-SLIM rules that must be mastered if you do not want to financially hurt by the Stock Market:

1) Buy stocks above $ 20 per share at the optimum pivot point in a buying surge during a strong Bull Market and sell at a higher price.
2) Always cut your losses at 7 - 8 % when buying.(Most important rule).
3) If initially successful; pyramid your buying up.
4) Stay in cash during a Bear Market.
5) Never argue with the Stock Market; it is always right.
6) Concentrate your stock buying and watch your stocks closely.
7) Do not over diversify.
8) Read the investment classics by Jesse Livermore, Gerald Loeb, Benard Baruch and Nicolas Darvas. They are the pioneers in this field and the teachers that William O'Neil discovered after reviewing over 2000 stock investment books in the early 1960's. Only few authors such as Jesse Livermore and Gerald Loeb were deemed worthwhile. William O'Neil learned their methods, added some of his findings and crafted their wisdom into a complete and effective but complicated system called CAN-SLIM.
9) Keep your ego in check. Stay objective. Don't celebrate too much when you win; Don't get depressed when you get losses.
10) Keep your gains big & Keep your losses small.
11) Buy high and sell higher (very counter-intuitive !)
12) High diversification of stocks ensures mediocrity; Concentration in the right stocks leads to large gains.
13) Yearly gains of 20 - 100 % are possible in strong Bull markets while in Bear Markets your capital is preserved.

I have also subscribed to the Wall Street Journal (WSJ) for twenty (20) years. But the WSJ does not provide the information that is in IBD. IBD is unique and is an investment education conduit for people who are active learners and who wish to increase their net worth significantly.

The WSJ has some good in-depth articles on business news but doesn't inform the small investor when to be in or out the market or how to pick the best growth stock leaders. This is the gap which IBD fills ! I am convinced IBD is by far the more valuable newspaper for the small investor.

Effective use of the IBD tools is like a financial light sabre that will allow you to make significant financial gains especially in the first year of a strong Bull Market.

These methods are for those who do not mind hard work. You must be able to learn from your mistakes and be tenacious in learning the complexities of the Stock Market. If you are looking for an easy way to make significant money you need to look elsewhere. You will not be happy trying to learn very complex and counter-intuitive concepts. If do you pursue this study; it will probably take you at least 2 years to learn CANSLIM well. It is an art as well as a science.

What about actual results ? I am a Chief Engineer in Aerospace and the skills and knowledge I have picked up in the last 5 years with O'Neil's system has added about $100,000 each year to my savings since 2006. The time I spend on it each week is about 3 to 4 hours so it is like having a second job. I have not quit my day job but with the extra savings I have more peace of mind and with three children to send thru college in the near future I am confident I will be able to do so. In short - I may not be on easy street yet but I feel like I am out of the salt mines. This CANSLIM approach has worked well for me and I hope to improve my skills in it by continued study. I plan to get better at this. This system does work well.

Thank you Mr. O'Neil......you are a great teacher and wonderful philanthropist for the small investor. Highest recommendation for you, the reader to use this system to make money in the stock market.

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How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition 0071614133 William O'Neil McGraw-Hill How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition Books William O'Neil Shows the Way to Gain Wealth Systematically William O'Neil the author has just published his magnum opus and its a wonderful book to show the small investor how to attain wealth in an effective and systematic fashion.

This book is a guide to understand how the Stock Market really works. William O'Neil perfected his CAN-SLIM method in the 1960's to make himself a multi-millionaire. He felt that his investment system was something most people could learn so he launched a newspaper in 1984 called Investment Business Daily (IBD) to teach small investors how to invest well and increase their net worth significantly.

During the go-go Bull market years of the 1990's IBD reached a subscription level of over 300,000 subscribers and competed head-on the the venerable and established Wall Street Journal (WSJ). I am convinced IBD is the superior newspaper because it specifically teaches the small investor how to outperform Mutual Funds by using the small investor's main advantage - the ability to get in and out of the market quickly. This advantage when properly used allows the small investor to avoid the major damage of a huge Bear market downturn such as in the case of 2001-2002 and also in 2008. Mutual Funds being so heavily invested with billions of dollars of stocks are not so nimble; consequently they usually take heavy losses during large market downturns such as in 2008.

His system is called CAN-SLIM. It is a complex set of rules; so allow yourself two years to learn the basics. You will have to master the reading of technical charts and understand fundamentals of various companies. You need to understand concepts such as Sales, Earnings, Return on Equity (ROE) , how Mutual Funds operate, accumulations, distributions, relative price strength (RPS), cups and handles, breakouts, 50-day moving averages, base failures, puts, calls, pivot points, double bottoms, growth stocks vs value stocks, accumulation days etc. Understanding these concepts is not for the faint hearted; there is a lot to learn.

O'Neil will show you the way with his book. Unfortunately the rules are very, very counter-intuitive and contrary to so called "conventional investment wisdom" and what most investment pundits advise. It will probably go against everything you have been taught in life. That is why most people have difficulty applying CAN-SLIM methods because it is so counter-intuitive. For example: What really works well is to buy high and sell higher. We are conditioned to buy low and sell high. This latter approach is not effective in the stock market but most people buy in the "conventional wisdom" manner and in many cases get clobbered. 98 % of individual investors buy stocks this way and it is not effective. You also need to know when the Bear Market is coming so you can exit and go to cash for safety. IBD provides the early warning indicators when the Bear is near.

There is much to learn in order to win against the Stock Market and how it really works. But it can be done ! To do so you need to be a hard worker and be able to learn from your mistakes. Learning CAN-SLIM is similar to learning upper-level math courses such as statistics. There are no royal roads or shortcuts in learning and applying CAN-SLIM rules. It is not an easy subject to learn. You should also have access to the Enhanced Daily Graphs to see both the Fundamental and Technical Analysis displayed on one page. You will need these tools to win this financial war; these tools provide the key financial intelligence to let you know what is really occurring in the world of the stock market.

I also recommend you keeping notes in a journal of some type. This will help you to learn the skills needed. You must also develop a skill in reading the charts to understand the psychology of what is happening in the market place. There are about 100 charts of past winners to study which provide the guide for picking future stock winners if you are able to recognize the patterns. If you can read the past history well you can predict the future. It will appear like you are looking at Latin and Greek symbols at first and will seem unintelligible for awhile but after much practice you will readily start seeing patterns. These patterns provide the entry and exits points for effective stock buys.

Why is learning this method so hard ? Here are some of the key CAN-SLIM rules that must be mastered if you do not want to financially hurt by the Stock Market:

1) Buy stocks above $ 20 per share at the optimum pivot point in a buying surge during a strong Bull Market and sell at a higher price.
2) Always cut your losses at 7 - 8 % when buying.(Most important rule).
3) If initially successful; pyramid your buying up.
4) Stay in cash during a Bear Market.
5) Never argue with the Stock Market; it is always right.
6) Concentrate your stock buying and watch your stocks closely.
7) Do not over diversify.
8) Read the investment classics by Jesse Livermore, Gerald Loeb, Benard Baruch and Nicolas Darvas. They are the pioneers in this field and the teachers that William O'Neil discovered after reviewing over 2000 stock investment books in the early 1960's. Only few authors such as Jesse Livermore and Gerald Loeb were deemed worthwhile. William O'Neil learned their methods, added some of his findings and crafted their wisdom into a complete and effective but complicated system called CAN-SLIM.
9) Keep your ego in check. Stay objective. Don't celebrate too much when you win; Don't get depressed when you get losses.
10) Keep your gains big & Keep your losses small.
11) Buy high and sell higher (very counter-intuitive !)
12) High diversification of stocks ensures mediocrity; Concentration in the right stocks leads to large gains.
13) Yearly gains of 20 - 100 % are possible in strong Bull markets while in Bear Markets your capital is preserved.

I have also subscribed to the Wall Street Journal (WSJ) for twenty (20) years. But the WSJ does not provide the information that is in IBD. IBD is unique and is an investment education conduit for people who are active learners and who wish to increase their net worth significantly.

The WSJ has some good in-depth articles on business news but doesn't inform the small investor when to be in or out the market or how to pick the best growth stock leaders. This is the gap which IBD fills ! I am convinced IBD is by far the more valuable newspaper for the small investor.

Effective use of the IBD tools is like a financial light sabre that will allow you to make significant financial gains especially in the first year of a strong Bull Market.

These methods are for those who do not mind hard work. You must be able to learn from your mistakes and be tenacious in learning the complexities of the Stock Market. If you are looking for an easy way to make significant money you need to look elsewhere. You will not be happy trying to learn very complex and counter-intuitive concepts. If do you pursue this study; it will probably take you at least 2 years to learn CANSLIM well. It is an art as well as a science.

What about actual results ? I am a Chief Engineer in Aerospace and the skills and knowledge I have picked up in the last 5 years with O'Neil's system has added about $100,000 each year to my savings since 2006. The time I spend on it each week is about 3 to 4 hours so it is like having a second job. I have not quit my day job but with the extra savings I have more peace of mind and with three children to send thru college in the near future I am confident I will be able to do so. In short - I may not be on easy street yet but I feel like I am out of the salt mines. This CANSLIM approach has worked well for me and I hope to improve my skills in it by continued study. I plan to get better at this. This system does work well.

Thank you Mr. O'Neil......you are a great teacher and wonderful philanthropist for the small investor. Highest recommendation for you, the reader to use this system to make money in the stock market. Edmund P. Leigh "Chief Aerospace Engineer" June 23, 2009

• Overall: 5

all about market indicators (a must have book for stock market players)

This review is from: All About Market Indicators (All About Series) (Paperback)

My first book on technical analysis of stocks was "Technical Analysis from A-Z". That was way, way over my head. I needed something a little easier to start out on and didn't kill me with math. This book is it and I would absolutely recommend it to anyone who wants to learn about these valuable tools for investing short or long-term.

If you don't know anything about indicators (or a still relatively new to the subject) and are investing, I would urge you to read the material in this book. There are valuable lessons that could prevent serious financial hardship (like the simple rules around moving averages, which you can use to get a feel for where the market is going).

It is a primer. It is not an exhaustive study, and the author never makes a claim that it is. It's really a wonderful "appetizer" that shows you the different strategies. It also points you in the direction of where you should look next. He also does a nice little "back-test" to see which of the major strategies work. I found this useful in having a starting direction.

On a side note, I like Sincere's style. It's very easy to understand. I bought his book, "Understanding Stocks", for my teenage son. I have read two of his other books, "Understanding Options" and "101 Investment Lessons". "Understanding Options" I found to be a great starting overview of this complicated field; "101 Investment Lessons" was useful and should be read, but was a bit dated (it was written in the late 90s), and needs to be read with an open mind.

But this book -- Understanding Market Indicators -- I really believe is an absolute must-read if you are investing and are not familiar with technical analysis. It could save you a LOT of pain.