Coca-cola Enterprises Inc. 10% in 3 months

Hi money law. 

I have benefit from ur coca cola call. Last night it went up by 12%. I intend to sell it on nx Monday. Do u think is a good idea?

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I posted coca-cola call on 3 May 2015 for position trading, click here. 

It stayed sides way for nearly 3 months then on friday, it shot up by 12.41% because of its stronger-than-expected second quarter financial results were release, alongside rumors that the bottling company may be seeking out mergers with other like companies. click here.

Coca-cola Enterprises Inc is a good fundamental company.

If you have follow my blog closely, normally i will not post any exit price. Just exit if you do not have any exit strategy or you think you have made enough kopi-lui.

Money in your pocket will never go wrong. 

I am not responsible for any of your profits or losses. 

& if you have benefit from my blog, all you need to do is to donate 10% of your profits to help the less fortunate.  

Silver

Money Law,

What is your view for gold & silver? 

Reply:

My view for gold and silver is bearish. And I have been shorting silver for the past few years and it had gave me a handsome profits. 

Last year, I have made a projection of silver target price @ 14 in my blog. 

Now is trading around this price. Whether it will go further down, nobody will know. 

Follow your chart. 

Never listen to the media. or ME.
Trade or invest based on the chart.
The chart said buy, you buy.
The chart said sell, you sell.
 
The media said BUY, you buy, prepare to say:
GOOD "BYE".

Click below for see my previous posts on silver:

http://mmltrader.blogspot.sg/search/label/Silver

Quick Update - Dead Cat Bounce

On 7 July, I blogged about SG property is set to rise from here, http://mmltrader.blogspot.sg/2015/07/sg-physical-property-is-set-to-rise.html

but now i look at the chart, look likes it is a dead cat bounce. 

need to continue to monitor again.
 

MARKET SENTIMENT - 27 JULY 2015

chart only updated till thurs. fri closing price is 2079.65. 

Support Level 1: 2080
Support Level 2: 2050

 

http://www.marketwatch.com/story/here-are-the-staff-forecasts-that-the-fed-accidentally-leaked-2015-07-24?link=MW_home_latest_news 

Based on the Fed rate projection, 2% ~ 2.5% is a figure we should look out for.

When Fed rate hit 2%~2.5%, Mr Market will need to have some counter measures, eg going into "recession mode", if not the economy will be having hyper-inflation. 

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Market Sentiment

Short Term:

Long Term:
 

MARKET SENTIMENT - 20 JULY 2015

Now is back to old boring sideways range. Mr Market must break above the resistance and go back into the trading channel. 

Greece drama is over. I had been emphasized that the BB is using the media to create fear in the market. 

You should have made some kopi-lui if you have been buying on dips. 

Be greedy when others are fearful. - warren buffett 

Some readers have asked me that why I am so confident that the market will not crash due to the Greece and China issue.

Cos I don't see any bears around for the next 1 - 2 years. Both fundamental and technical analysis told me that Mr Market is not due for a market crash yet.

It is the knowledge and my system that gives me confidence to stay invested and keep buying on dips.



Support Level 1: 2100
Support Level 2: 2050

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Market Sentiment

Short Term:

Long Term:

MARKET SENTIMENT - 13 JULY 2015

See how the BB use the media to create fear in the market.
Just not long ago, the Greece issue is all over the media. Creating fear in the market.

Now they said they are not exposed much to Greece. 
http://www.channelnewsasia.com/news/business/singapore/singapore-s-exposure-to/1964476.html 
http://www.marketwatch.com/story/greece-buys-hardly-any-stuff-from-us-anymore-2015-07-07?dist=countdown&link=sfmw_fb 

So what is the focus for this week?
http://www.marketwatch.com/story/eurogroup-ends-meeting-with-no-agreement-will-reconvene-sunday-2015-07-11?link=MW_home_latest_news

What about China?
3 trillion is wiped off Chinese shares in 3 weeks and that is 700% more than Greece's total debt. 
Suddenly Greece issue seems so small.
http://www.bbc.co.uk/news/business-33438416?ocid=socialflow_facebook

What is the lesson learn over here?

Never listen to the media. or ME.
Trade or invest based on the chart.
The chart said buy, you buy.
The chart said sell, you sell.
 
The media said BUY, you buy, prepare to say:
GOOD "BYE".


Support Level 1: 2075
Support Level 2: 2045

These 2 support levels is critical. you can see that s&p 500 went to a low of 2044 then closed above 2075.
and i also mentioned that s&p 500 have to close above 2100. 
2100 is a important level to watch. 

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Market Sentiment

Short Term:
 

Long Term:

 

SG physical property is set to rise from here. Time stamped.

July 2013, I said that SG physical property will be slowing down.

It happened.

Today, SG physical property is set to rise from here. 


Time stamped.