Setting up the First Legal Investment Club in Singapore. For the moment, while it is setting up, we'll share shortlisted CANSLIM type of trades.
Thursday, April 20, 2006
Bought FMD (Credit Card Company). Looks to have bottomed out with strong volume on last leg up. EPS: 90, RS: 83, Ind Grp RS: A-, SMR: A, A/D: B+. Cut loss at support $42.50
Bought CMI MANUFACTURES DIESEL AND NATURAL GAS ENGINES, ELECTRIC POWER GENERATION SYSTEMS AND OTHER ENGINERELATED PRODUCTS EPS: 98, RS: 82, Grp RS: B, SMR: B, A/D: B. 3rd Stage base. Cut loss at support $104.