Opportunities in the market

Maxbiz(9733)and Jaks (4723)'s trading volume become top 10 stocks today.

Maxbiz was only 0.09 at closing yesterday. If I were to buy 20,000 at 9 cents yesterday, I could dispose them at 0.165 and make RM 1412.47.

If I were to buy 100,000 at 9 cents yesterday, I could have disposed them at 0.165 and make RM 7312.35.

If I were to buy 500,000 at 9 cents yesterday, I could have disposed them at 0.165 and make RM 36,567.75.

Of course, there is a risk between buying 10,000 shares and 500,000 shares.

Just buy one day earlier, you will be richer.

I was watching Jaks a few days ago. It closed at 0.71 on Dec 27 and 0.72 on Dec 28.

I did not take action because of other position. If were to buy 20,000 at 0.72 and sold it off at 0.755 this morning, I will make RM 483.15.

If I were to buy 50,000, I could make RM 1210.38 and if I were to buy 100,000 shares, I could have made RM 7312.35

If I am a busy person and could not check the chart daily, I could have employed an assistant and pay him RM 2000 to check the chart daily and report back to me. I could have bought on Dec 28 and sold on Dec 29, 2010. If I have the guts to buy then I would have made. This is on theory, however, I think it is workable and viable because many traders look at charts. Charts do tell a story.

I was watching Fitters(9318). It was priced at 0.68 on Dec 27, 2010. If I were to buy 20,000 at 0.68 and sold it at 0.705 and I will make 296.49. You might say 296 very little, then you buy 100,000 and you will make RM 1487.45. You buy more then you are taking more risk.

I was watching Hiaptek(5072). It is priced at 1.16 at 3:25 pm. I saw a doji sign on the chart and I think it will move very soon.

How about Uchitec(7100)?It is priced at 1.29. Today is ex-date for interim dividend 5 sen T.E. Yesterday price was 1.33, today's price has already been adjusted.

I am still watching YTLE(0009). It is priced at 1.29 at 3:26 pm. It has moved a little bit just because YTLpower(6742) moved 4 cents to 2.49.

They said trading is an art. I said you need many players to buy a counter or you need one big or a few players to buy a counter, then it will go up.