Thursday, February 3, 2011

Share Daily Updated: 3/02/11

Initial Fund
15/08/10
$50,000.00
Current Value
3/02/11
$86,219.85
Cash
60499.85
Stocks
25720.00
Total Retun since 15-08-10:
72.44%
I am still concerning about gold price in short term, while gold is trying to find
 support at $1300 - 1320.
I would like to wait for more re-entry signals.


Wednesday, February 2, 2011

Share Daily Updated: 2/02/11

Initial Fund
15/08/10
$50,000.00
Current Value
2/02/11
$85,559.85
Cash
60499.85
Stocks
25060.00
Total Retun since 15-08-10:
71.12%
In this week, the market has seen volatility of mining sector.
the trend of gold price is one of major concerning.
Since last a couple of weeks, I have kept more cash in hand.
UNV -
Out at stoploss of 0.50

Unfortunately the daily chart looks weak. To be honest I love this

beauty but nothing can break my trading rule.

Maybe I will come back later.
MGO -
Close at 0.355 for fund adjustment only

WPG -
Looks forming uptrend channel again with a consolidated

Very encouraging prospect

Attractive iron ore and coal exploration projects
EXS -
deal coming???


Monday, January 31, 2011

Share Daily Updated: 31/01/11

HGO - out at stoploss of 0.30

Sunday, January 30, 2011

Share Daily Updated: 28/01/11

Initial Fund
15/08/10
$50,000.00
Current Value
28/01/11
$84,929.70
Cash
32479.70
Stocks
52450.00
Total Retun since 15-08-10:
69.86%

The following clarification is to answer some queries from the readers:
I am a chartist and all my tradings are majorly based on technical analysis
with limit reference to fundamental.
Gold prices are moving higher on Fiday as rioting in Egypt is feeding fears that
 the violence may spread to other countries in the Middle East.
For the time being, I am still keeping in alert with gold shares

MGO -
Found support at 0.35.

Excellent copper project

Some big players are interested
TUC -
Finding support at 0.32 and 0.34

Positive progress in Uranium project

Sitting on potential big deposit of rare -earth.
WPG -
Looks forming uptrend channel again with a consolidated double-bottom at 0.68

Very encouraging prospect

Attractive iron ore and coal exploration projects
UNV -
The daily chart still looks very bullish

Excellent quality asset acquisition

Very bright future