As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Value Investing
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Technical Analysis and Charting
Stock Tips

Sunday, 29 March 2009

SML - Deal or No Deal?

Sitting on paper gain of 17.8%. Deal or no deal?

I believe SML has been in the prolong oversold. For the past months, there is no indication of any further orders cancelling. Quite quiet in term of bad news and that could mean relatively good news. And with crude staying above USD50, probably the uptrend could be sustainable. Cheers!. No deal.
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